The growing demand for quick-service restaurants (QSR), the consumer preferences for on-the-go consumption, and the need for delivery applications (driving the growth of e-commerce), the market for Food Service Disposable packaging is observing rapid growth.

Segmentation

The global Food Service Disposable Packaging Market on the basis of product and application.

Based on the product, the market is segmented into flexible packaging, rigid packaging, paper and pouches, bags, others. The demand for flexible packaging is driving the market over the review period and is expected to witness the highest market share. The paper and pouches segment is also expected to witness substantial demand owing to the increasing environmental concerns regarding plastic packaging.

Based on the application, the Food Service Disposable packaging market is segmented into dairy products, fruits and vegetables, baked goods, and others. The demand for baked goods is driving the market over the review period and is expected to witness the highest market share. The fruits and vegetable segment is also expected to observe substantial demand owing to the increase in the working population that prefers the convenience of home delivery services.

Regional Analysis

Owing to the incidence of densely populated and emerging economies, such as Southeast Asian nations, China, and India, Asia-Pacific is anticipated to witness growth experiencing the highest CAGR over the review period. Most countries are observing a rise in fast food ans eating out trend. This trend is encouraged by the increasing presence of popular fast food joints. China accounts for the highest market share in the market due to its comparatively higher food and beverage consumption. The existence of a more dense population and a similar upsurge in the use of fast food are expanding the growth of the market. In the major Indian cities, with urbanization, changes in lifestyle, dealing with fast-paced work life, and reliance on online food platforms are rapidly changing the dynamics of the Food Service Disposable industry.

Key Players

The key players of Food Service Disposable packaging market are Bemis Company Incorporated (U.S.), Ball Corporation (U.S.), Ampac Packaging LLC (U.S.), Crown Holdings Incorporated (U.S.).