Foodservice Disposables Market Growth Outlook Through 2024-2033

Overview and Scope
Foodservice disposables refer to single-use products used in the foodservice industry to store, transport, and serve food and beverages. These items are designed for one-time use and are discarded after use, ensuring convenience, hygiene, and cost-effectiveness in various foodservice settings. Their widespread use helps maintain food safety and streamline operations in these environments.

Sizing and Forecast
The foodservice disposables market size has grown strongly in recent years. It will grow from $58.86 billion in 2023 to $62.58 billion in 2024 at a compound annual growth rate (CAGR) of 6.3%. The growth in the historic period can be attributed to growing emphasis on the circular economy, the development of products that can be recycled or composted, proliferation of supermarkets and retail chains selling ready-to-eat meals, growing number of public events, festivals, and growth of coffee shops and takeaway coffee culture.

The foodservice disposables market size is expected to see strong growth in the next few years. It will grow to $80.37 billion in 2028 at a compound annual growth rate (CAGR) of 6.5%. The growth in the forecast period can be attributed to popularity of mobile restaurants and food trucks, increasing urbanization and busy lifestyles, stricter environmental regulations, products with eco-friendly certifications, and need for convenience and portability in food packaging. Major trends in the forecast period include integration of digital technologies in packaging, expansion of e-commerce platforms, demand of automation in the production of disposable products, innovation in edible packaging materials, and implementation of smart packaging solutions.

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Segmentation & Regional Insights
The foodservice disposables market covered in this report is segmented –

1) By Packaging Type: Rigid, Flexible
2) By Material: Plastic, Paper And Paperboard, Bagasse, Polylactic Acid, Other Materials
3) By Application: Food Service, Online Delivery, Institutional
4) By End User: Restaurant, Hotels And Motels, Tea, Coffee And Snack Shops, Retail And Vending Machines, Sports And Recreation, Buffets And Cafeterias, Food Delivery Outlets, Other End-Users

Asia-Pacific was the largest region in the foodservice disposables market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the foodservice disposables market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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Major Driver Impacting Market Growth
The growth in the online food industry is expected to propel the growth of the foodservice disposables market going forward. The online food industry refers to the sector of e-commerce that involves the ordering and delivery of food through online platforms or mobile apps. The growth in the online food industry is increasing with consumer demand for convenience, advancements in delivery logistics, and the widespread adoption of mobile applications for ordering food. Foodservice disposables support the online food industry by offering convenient, hygienic, and cost-effective packaging solutions that maintain food quality, support branding efforts, and cater to sustainability concerns. For instance, according to the Australian Bureau of Statistics, an Australia-based government administration, online food retailing sales grew from 5.8% in December 2022 to 6.4% in December 2023. Therefore, the growth in the online food industry will drive the foodservice disposables market.

Key Industry Players
Major companies operating in the foodservice disposables market are WestRock Company, International Paper, Berry Global Inc., Graphic Packaging International LLC, Sonoco Products Company, Pactiv Evergreen Inc., Huhtamaki, Dart Container Corporation, Novolex, Printpack, Genpak, Sabert Corporation, Duni Group, D&W Fine Pack, Fabri-Kal, Anchor Packaging LLC, Hoffmaster Group Inc., Airlite Plastics, WinCup, Inline Plastics, Gold Plast SpA, Vegware, PrimeWare, Eco-Products

The foodservice disposables market report table of contents includes:

1. Executive Summary
2. Foodservice Disposables Market Characteristics
3. Foodservice Disposables Market Trends And Strategies
4. Foodservice Disposables Market – Macro Economic Scenario
5. Global Foodservice Disposables Market Size and Growth
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32. Global Foodservice Disposables Market Competitive Benchmarking
33. Global Foodservice Disposables Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Foodservice Disposables Market
35. Foodservice Disposables Market Future Outlook and Potential Analysis
36. Appendix

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