The global fast-food reusable market is on track for significant growth, with a projected compound annual growth rate (CAGR) of 9.0% from 2023 to 2033. The market, valued at USD 17.41 billion in 2023, is expected to reach USD 41.15 billion by the end of the forecast period in 2033. This growth is fueled by increasing adoption across a range of industries, including fast food chains, hotels, and bakeries, as the demand for sustainable packaging solutions continues to rise.
The fast-food reusable market includes products like bottles, cans, cups, boxes, and containers designed for multiple uses without compromising their protective functions. These reusables offer consumers convenience, reduce environmental waste, and mitigate the growing issue of plastic pollution. As global awareness of environmental sustainability increases, the market for fast-food reusables is seeing robust demand from both manufacturers and consumers.
Key Drivers of Market Growth
The fast-food reusable market is being primarily driven by:
- Sustainability Initiatives: As part of the growing shift toward reducing single-use plastics, leading fast-food chains like Burger King are testing reusable packaging through partnerships such as their 2022 collaboration with Loop, a global reuse platform. These initiatives are designed to reduce plastic consumption and improve sustainability within the fast-food industry.
- Increasing Consumer Demand for Eco-Friendly Products: Consumers are more conscious of their environmental impact and are demanding sustainable alternatives to traditional plastic packaging. This demand is creating new opportunities for manufacturers to innovate in reusable packaging solutions.
- Government Regulations & Industry Commitment: Governments worldwide are increasingly imposing regulations to reduce plastic waste, creating a supportive environment for reusable packaging solutions. This, combined with the commitment of food chains and hospitality industries to adopt green practices, is accelerating the market’s growth.
Regional Insights
- China: China’s growing focus on environmental sustainability, combined with government initiatives to reduce plastic waste, is driving strong demand for reusable food packaging.
- India: India’s fast-food reusable market is thriving due to the increasing adoption of sustainable packaging by food outlets and a growing environmental consciousness.
- United Kingdom: The UK market is expanding with increased consumer demand for reusable packaging and government regulations supporting sustainable food packaging solutions.
Product Segmentation
The fast-food reusable market is segmented based on material type, application, and size:
- By Material Type: Metal (23.5% market share in 2022) is the leading material, known for its durability and reusability. Other materials such as plastics and glass are also popular but are expected to see steady growth as metal and other sustainable materials dominate the market.
- By Application: Boxes and Containers for solid food (e.g., fruits, cooked meals, and sandwiches) are expected to dominate the market with over 40% share, given their widespread use across fast-food chains and street vendors.
- By Size: Small and medium-sized containers are seeing high demand due to their compactness, portability, and suitability for daily use, especially in household and fast-food settings.
Competitive Landscape
The reusable fast-food packaging industry is primarily led by key players such as Amcor Pty Ltd., DS Smith, Tetra Pak, Sealed Air Corporation, BASF, and Evergreen Packaging. These industry leaders are concentrating on strategies like expansion, strategic partnerships, product development, and new product launches to strengthen their global presence and drive business growth.
Recent Developments
- In November 2021, Pyxo, a French startup that has been thinking a lot about single-use plastic food packaging, raised €7 million from Eurazeo, FiveSeasons Ventures, and other private investors, to launch a platform for the management of reusable containers and lockers with the large restaurant chains in France.
- In 2022, KFC, a fast-food chain, announced plans to launch 20 eco-friendly restaurants in India. They further claimed that the restaurants will be the most sustainable restaurant in the city that aims to increase efficiency with the use of eco-friendly products that include the use of reusable plates and other equipment that might eliminate paper and plastic wastage.
Key Players Profiled in the Global Market
- Amcor Pty Ltd.
- Sealed Air Corporation
- BASF
- WestRock Co.
- Evergreen Packaging
- Rehrig Pacific Company
- Swedbrand Groups
- IPL Plastics
- Vetropack Holdings
- Schutz Gmbh & Co.
- Tetra Pak
- DS Smith
- Graham Packaging
- Plastipak Holdings Incorporation
Get Connected with Our Expert Analyst on Email: sales@futuremarketinsights.com
Key Segments Covered
By Material Type:
- Glass
- Metal
- Plastic
- Wood
By Application:
- Vegetables
- Fruits
- Eggs & Meat
- Juices
- Others
By Product Outlook:
- Bottle & Jars
- Cans
- Cups
- Boxes & Containers
By Size:
- Small
- Medium
- Big
By End-Use Industry:
- Hotels
- Fast-Food Centres
- Food Chains
- Bakery
- Others
Key Regions Covered:
- North America
- The United States
- Canada
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Europe
- Germany
- The United Kingdom
- France
- Spain
- Russia
- Rest of Europe
- Japan
- Asia Pacific Excluding Japan
- China
- India
- Malaysia
- Singapore
- Australia
- Rest of Asia Pacific Excluding Japan (APEJ)
- The Middle East and Africa
- GCC Countries
- Israel
- South Africa
- The Middle East and Africa (MEA)
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube