Foodservices Disposable Market News 2024

1. Downloaded from: justpaste.it/1re11 Foodservices Disposable Market Growth, Demand and Size 2024 The foodservices disposable market size has the potential to grow by USD 13.61 billion during 2020-2024, and the market’s growth momentum will accelerate during the forecast period. Get Sample of the Report: https://www.technavio.com/talk-to-us? report=IRTNTR44658&type=sample&src=report This report provides a detailed analysis of the market by material (plastic, paper, aluminum, and others), product (disposable serviceware and disposable foodservice packaging), and geography (APAC, Europe, MEA, North America, and South America). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including Amcor Plc, Anchor Packaging Inc., Berry Global Group Inc., Dart Container Corp., Genpak LLC, Graphic Packaging Holding Co., Huhtamäki Oyj, Reynolds Group Holdings Ltd., Sealed Air Corp., and Sonoco Products Co. Market Competitive Analysis The foodservices disposable market is fragmented. A few vendors are focusing on M&A to increase their market share. Many vendors are also focusing on innovations to increase their market share. Amcor Plc, Anchor Packaging Inc., and Berry Global Group Inc. are some of the major market participants. Although the growth of food delivery and takeaway markets will offer immense growth opportunities, the increasing focus on the use of reusable serviceware and packaging will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. To help clients improve their market position, this foodservices disposable market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this foodservices disposable market analysis report also provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities. Foodservices Disposable Market: Key Drivers and Trends With the increasing use of smartphones and rapid urbanization, food delivery and takeaway markets are growing at a significant pace. The increasing internet penetration and the availability of several new online food service applications are also contributing to the growth of the food delivery market. Additionally, the number of dark kitchens dedicated for online deliveries is increasing across the globe. Hence, there is an increasing demand for foodservice disposables such as cups, bowls, containers, and trays, which are extensively used to pack and

2. deliver food. Foodservice disposables market analysis estimates that the market will grow steadily at a CAGR of about 7% during the forecast period. The growing demand for eco-friendly disposables is one of the key foodservice disposable trends that is expected to gain traction in the coming years. Several vendors are gradually moving toward the use of eco-friendly and compostable raw materials for the manufacture of foodservice disposables. They are offering disposable foodservice products such as hinged containers, plates, and trays, bowls, and lids, which are completely made from renewable resources such as plant fibers. Foodservices Disposable Market: Key Highlights of the Report for 2020-2024 CAGR of the market during the forecast period 2020-2024 Detailed information on factors that will drive foodservices disposable market growth during the next five years Precise estimation of the foodservice disposable market size and its contribution to the parent market Accurate predictions on upcoming trends and changes in consumer behavior The growth of the foodservices disposable industry across APAC, Europe, MEA, North America, and South America A thorough analysis of the market’s competitive landscape and detailed information on vendors Comprehensive details of factors that will challenge the growth of foodservices disposable market vendors We can help! Our analysts can customize this report to meet your requirements. Get in touch