Compostable Takeout Container Market was valued at USD 1.12 Billion in 2022 and is projected to reach USD 2.96 Billion by 2030, growing at a CAGR of 12.9% from 2024 to 2030.
The compostable takeout container market was valued at approximately USD 1.8 billion in 2022. This market is expected to experience robust growth, with a compound annual growth rate (CAGR) of around 12.5% from 2023 to 2030. The rise in environmental awareness and stringent regulations on single-use plastics are driving this growth. The increasing demand for sustainable packaging solutions from the foodservice industry, driven by both consumer preferences and corporate sustainability goals, is fueling the expansion of the compostable takeout container market. Market players are investing in innovative materials and technologies to enhance the functionality and environmental benefits of compostable containers.
Opportunity analysis reveals significant potential for market expansion in emerging economies, where urbanization and growing disposable incomes are leading to increased foodservice activities. The rising adoption of eco-friendly packaging solutions in regions such as Asia-Pacific and Latin America presents substantial growth opportunities. Additionally, the shift towards zero-waste initiatives and circular economy practices is likely to drive demand for compostable takeout containers further. As businesses and consumers increasingly seek alternatives to conventional plastic, the market for compostable takeout containers is expected to continue its upward trajectory, presenting lucrative opportunities for stakeholders across the supply chain.
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Groupe Lacroix
Faerch AS
Huhtamäki
Genpak
BioPak
Vegware
Van De Velde Packaging
Sabert
Reynolds
Dart Container
Graphic Packaging
Dixie Consumer Products
Karat Packaging
PakPlast
Pactiv Evergreen
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Compostable Takeout Container Market
Transportation Catering Services
QSR and FSR
Institutional Catering Services
Retail
Others
Based on Types the Market is categorized into Below types that held the largest Compostable Takeout Container market share In 2023.
Plastic Containers
Paper Containers
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Compostable Takeout Container Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Compostable Takeout Container Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Compostable Takeout Container Market, By Type
6. Global Compostable Takeout Container Market, By Application
7. Global Compostable Takeout Container Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Compostable Takeout Container Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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