In the forecast period, the market for Pizza cartons is expected to grow at a CAGR of 5.7 percent. Increased consumer demand for pizza and pizza delivery, rising corrugated pizza carton manufacturing costs, and innovations in manufacturing designs are driving the worldwide pizza cartons market.
Furthermore, in the pizza cartons market, the growing number of pizza chain outlets, restaurants, or just pizza takeaway points is seen as the key source of revenue. The increasing pizza business and the modern practice of ordering pizzas online have propelled the global pizza cartons market.
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What Recent Pandemic Impacted the Pizza Cartons Industry?
The recent pandemic has caused sectors to rethink their strategies to make their business models more resilient to macroeconomic shocks. The health pandemic has far-reaching economic consequences, with restriction orders wreaking havoc on internet food delivery services all around the world.
However, one of the services that rebounded earlier than predicted was pizza order, the businesses had been raising their pace of operations to accommodate massive online pizza requests. All of these factors have influenced the pizza cartons market positively. In the coming years, food packaging producers will take advantage of new branding opportunities to capitalize on pizza cartons market customization trends.
On the other hand, rising youth interest in junk food and the launch of new pizza varieties will enhance the number of possibilities for the pizza cartons market to develop during the forecast period.
The US and Canada Demand Outlook for Pizza Cartons Market
The market for pizza cartons is expected to continue to grow in North America. As a result of the region’s superior manufacturing and production skills, as well as the rising desire for nutritious food products, pizza sales will continue to grow in both the United States and Canada.
Additionally, long-term sales will be supported by rising innovation in nutrition and health product advancements, such as low trans-fat, low fat, multigrain, and low-artificial-preservatives offerings in pizza which is directly influencing the pizza cartons market positively.
Europe Pizza Cartons Market Outlook
Pizza cartons are expected to be a dominant market in Europe, as pizza producers seek the best and most convenient pizza cartons while leading manufacturers aim to implement geographic development methods.
Furthermore, as more tourists visit Western Europe, cuisine innovations continue to flourish, resulting in an exponential increase in pizza meal delivery, which is supporting the pizza cartons market.
Pizza Cartons Market: Key Players
Some key manufacturers operating the business in the pizza cartons market globally include
- DS Smith Plc.
- Smurfit Kappa Group PLC
- International Paper Company
- R. S. G. Packagings Private Limited
- Magnum Packaging
- Rengo Co., Ltd.
- KapStone Paper and Packaging Corp
- Reynolds Group Holdings Ltd
- Pratt Industries Inc.
- New Method Packaging
- Georgia-Pacific LLC
- Huhtamaki Oyj
- WestRock Company
- Others.
Manufacturers are concentrating on a few key criteria that can help them achieve significant market share, such as value-priced pizza cartons that assist cut operating expenses without sacrificing quality. Pizza cartons without the need for tape or stapling, it’s simple to put together. Pizza cartons made entirely of recycled materials, guaranteeing that the pizza business’s commitment to environmental preservation is upheld.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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Pizza Cartons: Market Segmentation
Based on the Size:
- Small (5-10 inches)
- Medium (10-15 inches)
- Large (15 inch & above)
Based on Material Type:
- Corrugated Paperboard
- B-flute
- E-flute
- F-flute
- Clay Coated Cardboard
Based on Print Type:
- Printed cartons
- Flexographic Printing
- Offset Printing
- Screen Printing
- Non-Printed cartons
Based on the Region:
- North America
- U.S. and Canada
- Latin America
- Mexico, Brazil, Peru, Chile, and others
- Western Europe
- Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg
- Eastern Europe
- Poland and Russia
- Asia Pacific
- China, India, Japan, ASEAN, Australia, and New Zealand
- The Middle East and Africa
- GCC, Southern Africa, and North Africa
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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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