Lucintel Forecasts the Global Food Service Packaging Market to reach $201.3 billion by 2035
According to a market report by Lucintel, the future of the global food service packaging market looks promising with opportunities in the quick-service restaurant (QSR), full-service restaurant (FSR), institutional catering, and hospitality & cafe markets. The global food service packaging market is expected to reach an estimated $201.3 billion by 2035 with a CAGR of 4.3% from 2026 to 2035. The major drivers for this market are the increasing demand for online food delivery services, the rising demand for eco-friendly & recyclable packaging, and the growing demand for quick service restaurants & cloud kitchens.
A more than 150-page report to understand trends, opportunity and forecast in food service packaging market to 2035 by packaging type (clamshells, cups & tubs, trays & containers, sachets & pouches, and others), application (dairy products, fruits and vegetables, baked goods, and others), end use (quick-service restaurants (QSR), full-service restaurants (FSR), institutional catering, hospitality & cafes, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the packaging type category, clamshell is expected to witness the highest growth over the forecast period due to growing takeaway and delivery services accelerate clamshell usage.
Within the end use category, quick-service restaurants are expected to witness the highest growth due to affordable convenience dining, which accelerates quick-service restaurant adoption.
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In terms of regions, APAC is expected to witness the highest growth over the forecast period due to rising disposable incomes, which increase foodservice packaging consumption.
Pactiv Evergreen Inc., Dart Container Corporation, Amhil North America, Genpak LLC, Huhtamaki Oyj, Novolex Holdings LLC, Sabert Corporation, Silgan Holdings Inc., B & R Plastics Inc., Graphic Packaging Holding Company are the major suppliers in the food service packaging market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] to get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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