Foodservice disposables are use-and-throw food containers that are either disposed of as wastes or are recycled. The global foodservice disposables market is primarily driven by the increasing demand for online food ordering and home delivery services.
The global foodservice disposables market was valued at US$19,200.0 mn in 2014 and is predicted to reach US$27,187.0 mn by 2021, progressing at a 5.10% CAGR during the period between 2015 and 2021. In terms of volume, the global foodservice disposables market, in 2014, accounted for 23,167 million units and is predicted to expand at a 5.80% CAGR during the period from 2015 to 2021.
Paper and Paperboard Segment to Dominate Global Foodservice Disposables Market
The global foodservice disposables market is segmented on the basis of region, end-use, raw material, and product type. Based on raw material, the global foodservice disposables market is classified into paper and paperboard, aluminum, and plastics. The plastics segment dominates the global foodservice disposables market due to its ability to hold low as well as high-temperature foods and beverages without adversely affecting the quality. As most disposables are used for home delivery services, it is imperative that the materials hold the food and beverages for a certain period of time. As paper and paperboard disposables are lightweight, the paper and paperboard raw material segment is predicted to witness more demand in the global foodservice disposables market in the years to come.
Considering the ill effects of plastic on the environment, most of the home delivery services and online food ordering services have started using paper and paperboard food packaging materials. This is expected to propel the paper and paperboard raw material segment.
Based on product type, the global foodservice disposables market is classified into cups and glasses, bowls and tubes, plates, trays and containers, cutlery, and mugs and saucers. In terms of volume and value both, currently, the global foodservice disposables market is dominated by the plates segment and is predicted to maintain its dominance throughout the forecast period. It is expected that the disposable trays and containers segment would grow at a rapid pace in the years to come.
Restaurants to Register Maximum Demand for Foodservice Disposables
Restaurants, institutions, lodging and hospitality, retail and vending machines, and others are some of the end users of the global foodservice disposables market. In 2014, the restaurants segment dominated the global foodservice disposables market and is predicted to maintain its dominance in the years to come. With the rapid growth of the working population in developing and developed regions, the demand for home delivery from restaurants is expected to increase in the near future.
Based on region, the global foodservice disposables market is divided into North America, the Middle East and Africa, Latin America, Asia Pacific, Europe, and Rest of the World. In 2014, the global foodservice disposables market was led by North America and is predicted to expand at the highest CAGR during the forecast period.
The global foodservice disposables market is highly competitive. The competition prevailing in the market will intensify further due to the introduction of quality foodservice disposables by the leading players. Some of the prominent players in the global foodservice disposables market are Dart Container Corporation, Anchor Packaging Inc., Gold Plast SpA, DOpla S.p.A, New WinCup Holdings, Inc., Pactiv LLC, Georgia-Pacific LLC, D&W Fine Pack LLC, Berry Plastics Group, Inc., and Huhtamäki Oyj.
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