The Pizza Box Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Pizza Box Global Market Report 2024, 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.
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.
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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
Major companies operating in the pizza box market are increasing their focus on introducing reusable pizza boxes to gain a competitive edge in the market. Reusable pizza boxes are environmentally friendly and sustainable packaging solutions designed for multiple uses. For instance, in March 2023, Dodo Pizza, a Russia-based pizza delivery franchise, launched reusable pizza boxes. The boxes are made from sustainable plastic that does not absorb any ingredients and can be re-used up to 500 times. The initiative aims to tackle delivery waste and minimize the company’s environmental impact, providing a more sustainable packaging option for customers.
The pizza box market report table of contents includes:
- Executive Summary
- Pizza Box Market Characteristics
- Pizza Box Market Trends And Strategies
- Pizza Box Market – Macro Economic Scenario
- Global Pizza Box Market Size and Growth
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- Global Pizza Box Market Competitive Benchmarking
- Global Pizza Box Market Competitive Dashboard
- Key Mergers And Acquisitions In Pizza Box Market
- Pizza Box Market Future Outlook and Potential Analysis
- Appendix
Top Major Players :
- WestRock Company
- International Paper Company
- Georgia-Pacific LLC
- Smurfit Kappa Group
- DS Smith PLC
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