The global foodservice disposables market is projected to surpass US$ 36.0 billion by the end of 2027, in terms of revenue, growing at CAGR of 5.2% during the forecast period (2019 to 2027).
The rising number of online food delivery services around the globe is primarily fueling the market growth of foodservice disposable. Growing Consumer preference for takeaway or ready to eat food due to changing lifestyles, increasing disposable income, and ongoing urbanization, especially across developing economies is propelling the market growth of foodservice disposable. Additionally, rising out of home food habits is also augmenting demand for foodservice disposables, thereby fueling the market growth.
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Global is expected to have high consumption in the next few years. For the demand for Foodservice Disposables, the price and is expected to increase but on a small scale. Market Segment by Manufacturers, this report covers: Dart Container Corporation, Georgia-Pacific LLC, Anchor Packaging Inc., D&W Fine Pack LLC, Gold Plast SpA, Berry Plastics Group, Inc., DOpla S.p.A., Huhtamäki Oyj, New WinCup Holdings, Inc., andPactiv LLC
The Global Foodservice Disposables Market evaluated the report on the basis of various attributes such as manufacturing base, products or services, and raw material to understand the requirements of the businesses. This report would help stakeholders understand the competitive landscape and gain insights to better position their businesses.
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Foodservice disposable is used in the packaging of food and beverage products. Foodservice disposable products offer greater ease of packaging food and customer convenience with hygiene and cleanliness. Theses product can be classified into plates, clamshells, trays & containers, cups & bowls, and cutleries. They are manufactured from raw materials such as paper and paperboard, plastics, and aluminum. Restaurants, retail and vending machines, institutions, and lodging and hospitality are some of the major end-user of foodservice disposable. Foodservice disposable offers convenience and reduces the delivery of time and is gaining huge popularity among hectic lifestyle people.
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Years Considered to Estimate the Foodservice Disposables Market Size:
History Year: 2015-2019
Base Year: 2021
Estimated Year: 2021
Forecast Year: 2021-2028
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