Overview and Scope
Pizza box refers to a food package carton made of corrugated cardboard, which is made up of three layers of paper liners soldered together that prevent leakage of food, reduce chances of contamination of food, and make it warm for delivery to customers. Pizza boxes are made of corrugated cardboard, which is made up of three layers of paper liners soldered together.
Sizing and Forecast
The pizza box market size has grown strongly in recent years. It will grow from $2.76 billion in 2023 to $2.99 billion in 2024 at a compound annual growth rate (CAGR) of 8.3%. The growth in the historic period can be attributed to rise of pizza delivery culture, development of corrugated cardboard boxes, customization and branding, sustainability initiatives, standardization of sizes.
The pizza box market size is expected to see strong growth in the next few years. It will grow to $4.01 billion in 2028 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to global expansion of pizza market, market competition and differentiation, compliance with health and safety standards, consumer preferences for eco-friendly packaging, convenience-oriented packaging. Major trends in the forecast period include design innovations for functionality, personalization and branding, convenience-oriented packaging, innovative materials and technologies, market response to consumer behavior.
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Segmentation & Regional Insights
The pizza box market covered in this report is segmented –
1) By Box Type: Whole Pizza Boxes, Pizza Slice Boxes
2) By Material Type: Corrugated Paperboard, Clay Coated Cardboard
3) By Print Type: Printed Boxes, Non-Printed Boxes
4) By Sales Channel: Online, Offline
5) By Application: Restaurant, Commissary, Supermarket, Other Applications
North America and Europe are the largest regions in the pizza box market in 2023. The regions covered in the pizza box 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 rising demand for fast foods is expected to fuel the growth of the pizza box market in the forecast period. Fast food consumption is on the rise because of convenience, low prices, a variety of menu options, flavor, and taste. Pizza is a popular fast-food item, including at national franchises such as Papa John’s, Domino’s Pizza, Sbarro, and Pizza Hut. There has been an increase in the consumption of fast food worldwide over the years, which in turn has boosted the demand for packaging products such as pizza boxes. For example, according to Fast Food Statistics 2021, fast food consumption grows at a rate of 2.2% per year. Therefore, the rising demand for fast foods drives the growth of the pizza box market.
Key Industry Players
Major companies operating in the pizza box market report are WestRock Company, International Paper Company, Georgia-Pacific LLC., Smurfit Kappa Group, DS Smith plc, Mondi plc, Graphic Packaging International LLC, Packaging Corporation of America, Sonoco Products Company, Rengo Co Ltd., Sealed Air Corporation, Huhtamaki Oyj, Cascades Inc., BillerudKorsnäs AB, Orora Limited, Pratt Industries Inc., Metsa Board Corporation, Papierfabrik August Koehler SE, Elopak AS, Coveris Holdings S.A, UFP Technologies Inc., RSG Packaging Pvt Ltd., Anchor Packaging Inc., Seda International Packaging Group, Magnum Packaging NE Ltd., Tekni-Plex Inc., New Method Packaging LLC, Golden Box Ltd., Sirane Ltd.
The pizza box market report table of contents includes:
1. Executive Summary
2. Pizza Box Market Characteristics
3. Pizza Box Market Trends And Strategies
4. Pizza Box Market – Macro Economic Scenario
5. Global Pizza Box Market Size and Growth
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32. Global Pizza Box Market Competitive Benchmarking
33. Global Pizza Box Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Pizza Box Market
35. Pizza Box Market Future Outlook and Potential Analysis
36. Appendix
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