Market Research Blog

The global molded fiber pulp cap market is likely to grow from US$ 1.2 Bn in 2022 to US$ 1.8 Bn by 2032, with the overall demand surging at 4.4% CAGR throughout the forecast period. Rising adoption of molded fiber pulp across various industries and growing demand for sustainable and eco-friendly packaging solutions are driving growth in the global market.

Molded Fiber is now being used as protective packaging for a broad range of items, including egg cartons. Lately, molded fiber brand goods have been sold for protective packaging for diverse applications.

Molded fiber brands were used primarily for egg dishes since the 1970s. However, with innovations in product material and design, application area of molded fiber packaging gradually widened.

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Today’s moldable fiber is widely used in place of paper and other carbon-fiber derivatives for the production of protective packaging like molded fiber pulp caps. These molded fiber pulp caps are used in the packaging industry due to their insulating properties and ability to dissipate vibration. They enable industries like food & beverages, automotive, electronics, and cosmetics to protect their products from external forces during storage and transportation.

Thus, rising adoption of molded fiber pulp caps across these industries will eventually boost market growth during the forecast period.

Similarly, increasing R&D initiatives targeted at boosting product recycling efficiency is also predicted to promote market expansion during the forthcoming years.

Key Takeaways from Molded Fibre Pulp Cap Market

• Based on molded fibre type, thermoformed segment is expected to grow at 5.1% CAGR during the forecast period, creating an incremental opportunity of US$ 257 Mn.
• By end use, beverage segment is anticipated to expand at 4.7% CAGR between 2022 and 2032.
• The U.S. molded fiber pulp cap market is likely to accelerate at a CAGR of 4.8% during the forecast years 2022-2032.
• The molded fiber pulp cap market in China is expected to accelerate with a CAGR of 7.3% during the forecasted.
• Demand for molded fiber pulp caps in India is anticipated to rise at 7.2% CAGR throughout the forecast period.

“Rising demand for sustainable and protective packaging options, rapid expansion of food & beverage industry, and increasing government initiatives for clean and safe environment are expected to provide impetus to the growth of molded fiber pulp cap market over the next ten years,” says FMI analyst

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Growth in Packaged Food Segment is Driving the Growth for Molded Fiber Pulp Caps Market

The beverage segment includes businesses in the processing of beverages and packed food materials, packaging, and distribution of food, as well as alcoholic and non-alcoholic beverages. The worldwide food and beverage industry is being propelled ahead by two significant drivers: growing acceptance of ready-to-eat food and a growth in the number of on-the-go customers. Furthermore, increased population and per capita income, as well as changing lifestyles, are boosting the industry. Additionally, increased meat and alcohol consumption, as well as the development of the food supply chain, are all driving factors in the industry’s growth.

Ice cream, waffles, pancakes, ready-to-eat noodles, and yoghurt, among other items, require molded fiber pulp caps for packaging and serving. These commodities are expected to see a significant boost in demand, particularly among teenagers during the forecast period. As a consequence, this factor is predicted to drive market development throughout the forecast period.

Increasing Innovation in Eco-friendly Solutions to Bolster the Molded Fiber Pulp Cap Market

The increasing production of wood pulp-based packaging solutions, together with the rising demand for molded fiber pulp packaging as a means of protective packages such as flower pots and containers of beverages are anticipated to fuel growth of the market for pulp-based packaging over the forecast period.

Manufacturers of fast-moving consumer goods have concentrated on providing consumer-friendly, eco-friendly packaging solutions, thereby offering greater value and ensuring a higher level of customer satisfaction. Technological developments have allowed for improved techniques for printing and coating molded fiber products.

Global Molded Fibre Pulp Cap Market Landscape

Some of the estimated leading players operating in the molded fibre pulp cap market include

• EnviroPAK Corporation,
• UFP Technologies,
• Keiding, Inc,
• FiberCel Packaging LLC,
• ProtoPak Engineering Corporation,
• Pacific Pulp Molding, LLC,
• Cullen Eco-friendly Packaging,
• Huhtamaki Oyj,
• Henry Molded Products Inc.,
• Spectrum Lithograph Inc.,
• ESCO Technologies Inc.,
• Brodrene Hartmann A/S,
• Celluloses De La Loire, Dynamic Fibre Molding Pvt Ltd, Greenpacking Environmental Protection Technology Co, Dongguan City Luheng Papers Company Ltd, OrCon Industries Corporation, Guangxi Qiaowang Pulp Packing Products Co Ltd, Primapack SAE, Guangzhou NANYA Pulp Molding Equipment Co, Ltd. and others.

These players are continuously introducing new products, establishing new recycling facilities, and forming partnerships and collaborations to gain a competitive edge in the market.

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Molded Fiber Pulp Cap Market by Category

By Molded Pulp Type:

• Processed Pulp
• Thick Wall
• Thermoformed
• Transfer Molded

By Distribution Channel:

• Online
• Offline

By End Use:

• Beverage
• Personal Care and Cosmetics
• Healthcare
• Automotive
• Others (Household)

By Region:

• North America
• Latin America
• Europe
• Middle east and Africa
• East Asia
• South Asia
• Oceania

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Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

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The global mailer boxes market is anticipated to elevate its game by rising at a CAGR of 7.0% between 2022 and 2032. The market was valued at US$ 3.4 Bn in 2021 and is expected to reach an estimation of US$ 3.6 Bn in 2022. Moreover, the surging adoption of mailer boxes is predicted to rise across institutional, commercial, and household sectors. The overall sales are expected to reach

As per the historical analysis of the global mailer boxes market, growth was registered at a CAGR of 4.6% from 2015-2021. However, due to the rising demand from industrial and commercial sectors, the overall demand has risen to a phenomenal CAGR of 7% between 2022 and 2032. The market is projected to expand by 1.9X when compared to the present valuation due to its heightened sales in commerce platforms.

Mailer boxes are paperboard packaging solutions, specifically designed to store and transport goods. These boxes are equipped with interlocking flaps and wings that make the assemblies easy and close them tight. These packaging boxes are mostly made of paper and paperboard. They are known for durability, and inexpensiveness and require far less paper and glue than shipping boxes. As a result, they have become a more sustainable choice than shipping boxes and other packaging solutions in the global packaging industry.

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Key Takeaways

Over the past few years, demand for mailer boxes has risen immensely owing to its rapid expansion in the e-commerce industry and this trend is likely to rise sales even more during the projection period.

Mailer boxes make sure to provide ample protection to the transported items throughout the process of shipping. They don’t need any sort of external packaging elements that try to increase costs and decrease convenience. In fact, several e-commerce companies have been increasingly using them for the packaging of goods.

Mailer boxes are disposable packaging that has a major contribution to extending the shelf life of items and reducing the chance of microbial contamination. These boxes are extensively used in several countries for the efficient packaging of goods. Before the creation of cardboard boxes, wooden crates were commonly used for the transportation of goods from one place to the other, but since wooden crates were expensive and difficult to produce on a large scale, cardboard mailer boxes took over due to their affordability and bulk production ability.

Mailer boxes are created without the utilization of hazardous chemicals and are recyclable. Owing to its environmental friendly properties, the market for mailer boxes is expected to surge rapidly across the forecast period.

Retail e-commerce packaging is being efficiently handled with the emergence of mailer boxes because businesses involved in e-commerce, postal services, and mail are meticulously searching for better packaging materials that are pocket-friendly and are able to reduce overall packaging expenses. Mailer boxes are an ideal choice for these e-commerce businesses for the transportation of products.

Since mailer boxes are inexpensive, recyclable, lightweight, and environmentally friendly, they are widely accepted and used in every end-user industry. These mailer boxes also provide ample printing space and ease of printing due to which the market is predicted to spur over the projection period.

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Competitive Landscape

Prominent players in the market are focused on adopting various new strategies such as product launches, capacity expansion, mergers & acquisitions, collaborations, and partnerships to increase their revenue share and gain a competitive edge in the market.

Key Companies Profiled

• Smurfit Kappa Group PLC,
• PakFactory,
• VSL Packaging Company USA,
• GWP Group,
• Shanghai DE Printed Box,
• International Paper Company,
• Mondi Group,
• Northwest Paper Box,
• Salazar Packaging, Inc.,
• Accurate Box Company, Inc.,
• Guangzhou Huaisheng Packaging Co., Ltd,
• Rengo.Co,
• Nine Dragons Worldwide,
• WestRock, Lee Man Paper Manufacturing,
• TetraPak, Koch Industries Inc.,
• RockTenn Co,
• DS Smith Plc, Action Box Inc

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About Future Market Insights, Inc.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

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The global duplex paper and board market are projected to have a slow-paced CAGR of 2.8% during the forecast period. The current valuation of the market is US$ 4,405.9 million in 2022. The market value of the global duplex paper and board market is anticipated to reach a high of US$ 5,807.1 million by the year 2032. A historical CAGR of 2.1% has been recorded by Future Market Insights during the period 2016-2021

Duplex paper and board are used in the production of folded carton boxes and cardboard layers for a range of end-use applications. Duplex paper and board will see a significant increase in demand in the next years due to its use for packaging applications in pharmaceutical, personal care, food and beverage, and other industries.

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Duplex paper and board sales are heavily reliant on their broad use for product packaging in many sectors, resulting in constant rivalry among key competitors to supply cutting-edge packaging solutions for end customers. Furthermore, the great surface quality of duplex board, in addition to its optical properties, will make it a superior solution with good printability and a beautiful appearance.

To boost the use of duplex paper, key firms are focused on innovation and development. Furthermore, duplex board is made from recycled fibres, which decreases the carbon footprint generated by this sector. These factors will lead to an increase in demand for duplex paper and board in the coming years.

Which Are Some Prominent Drivers Of Duplex Paper And Board Market?

Growing Desire for Biodegradable Packaging to Boost Market Growth

The worldwide packaging business is largely concerned with producing environmentally friendly packaging choices. The global desire for biodegradable packaging has gradually boosted the demand for duplex paper and board in manufacturing industries such as FMCG, retail, pharmaceutical, and many others.

The global prohibition on plastic imposed by nations owing to new rules and legislation has altered demand for duplex paper and board. The pulp and paper industry is intently focused on boosting production capacity while also introducing new technologies along the route. These factors will boost the duplex paper and board industry at the same time.

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Opportunities are collapsing in the duplex paper and board sector, and the capacity to provide biodegradable packaging choices has compelled the whole industry to make an unprecedented change. The extraction of fibres from magazines, newspapers, and books and conversion to biodegradable duplex paper and board has skyrocketed product sales.

This feature will provide a fantastic chance to reduce the use of capital in raw material procurement while also increasing the financial viability of the duplex paper and board industry.

What Are The Challenges Faced By The Duplex Paper And Board Market?

Durability is a Major Obstacle for the Market Growth

The durability of recycled duplex paper and board products will always be a point of contention, as fibre strength reduces with repeated recycling. This can result in product loss and is a market barrier that restricts demand for duplex paper and board.

However, applying binding agents while creating recycled materials greatly improves product strength, which promotes demand and income production for the Duplex Paper and Board industry.

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About Future Market Insights, Inc.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

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Christiana Corporate, 200 Continental Drive,
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T: +1-845-579-5705
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The global crates market is projected to grow from US$ 5.2 Bn in 2022 to US$ 9.2 Bn by 2032, exhibiting a CAGR of 5.9% throughout the forecast period. Rising usage of crates across numerous end-use industries such as food & beverages, pharmaceuticals, automotive, and logistics is a key factor driving growth in the global crates market.

Crates are huge, robust containers that are useful in a variety of end-use industries. They are being increasingly used to transport products across various industries as they provide better protection and ventilation to the goods.

Similarly, rise in import/export trade activities across the world is anticipated to generate enormous demand for packaging solutions like crates during the next ten years.

Demand is especially rising for plastic crates due to their low cost, easy transportation, and lightweight features. However, with rising environmental concerns, sales of wooden crates are likely to gain traction during the forecast period.

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The expanding R&D initiatives related to crates design for effective transportation at cheaper costs are likely to boost the market growth. The use of crates in the booming import and export business around the world is expected to have a substantial impact on the crates market.

Regionally, demand for crates is likely to grow at a higher pace across developing nations because of rapid economic development and expanding manufacturing sector.

However, fire hazards connected with wood, plastic, or recyclable crates, as well as food safety problems associated with the usage of wooden crates are expected to have a negative influence market growth.

Global Crates Market Report

Future Market Insights, in its new report, offers an unbiased analysis of the global market for global crates market by material type (plastic crate, wooden crate, and metal crate), by product type (stackable, nestable, and collapsible), by end-use (food & beverages, pharmaceuticals & medical devices, automotive, building and construction, logistics and transportation) across seven regions.

Key Takeaways from Global Crates Market

• Based on material type, the plastic crate category is expected to hold almost 1/4th value share in the global crates market.
• By product type, collapsible crates segment is expected to grow at the fastest CAGR during the forecast period.
• Based on end use, the food and beverages segment is anticipated to expand at 6.5% CAGR through 2032.
• The U.S. crates market is projected to grow at a CAGR of 5.5% between 2022 and 2032, reaching a valuation of around US$ 892.4 Mn in 2022.
• The Indian crates market is expected to grow at a CAGR of 7.6% during the projection period.

“The global crate market is likely to witness significant growth over the projected period due to rapid expansion of food & beverages industry worldwide. Furthermore, HDPE crates are projected to be extremely profitable for crate makers.” –comments FMI Analyst

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Global Crates Market by Category

By Material Type:

• Plastic
  • High-density Polyethylene (HDPE)
  • Polypropylene (PP)

• Wooden
• Metal

By Product Type:

• Stackable
• Nestable
• Collapsible

By End Use:

• Food & Beverages
• Pharmaceuticals & Medical Devices
• Automotive
• Building and Construction
• Logistics and Transportation

Food & Beverages Sector is the Key Driver of Global Crates Market

The food and beverage business has the highest demand for crates on the market. The rise of the food processing industry due to growing consumption of packaged foods is likely to play a key role in fostering sales of crates during the forecast period.

Due to increased beverage consumption around the world, crates are in great demand. 85.6 percent of Americans over the age of 18 have consumed alcohol at some point in their life, according to the 2019 National Survey on Drug Use and Health. Attributing to increasing sales of beverages, demand for partition crates for transportation of delicate glass beverage bottles is rising at a robust pace.

Who is winning?

Key players in the plastic crate industry are concentrating on providing lighter-weight and more environmentally friendly crates. Some of these key players are

• Brambles Limited,
• Schoeller Allibert AB,
• NEFAB GROUP,
• Myers Industries, Inc.,
• DS Smith PLC,
• Dynawest Limited,
• Craemer UK Ltd,
• SABIC, Supreme Industries Limited,
• Rehrig Pacific Company, Inc.

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About Future Market Insights, Inc.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

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As per Future Market Insights (FMI), the market for BFS syringes is anticipated to grow at a CAGR of 9.4% over the forecast period (2022-2032) and is estimated to reach US$ 1.9 Bn by 2032.

Demand for automated and aseptic packaging method, BFS syringe technology, is gaining immense traction in pharmaceutical and healthcare industries. Several factors of BFS technology contribute to the development of prefilled syringe cost-effective solutions. In order to prevent illness and cross contamination, BFS offers hygienic and sterile single dosage deliveries.

A wide range of injectable medications are administered using single- or multiple-dose glass vials that are filled and finished in bulk through intricate, global supply chains, and then placed into disposable syringes. As these fill-finish operations frequently do not have the ability to scale up or down quickly in an emergency, it is impossible to build more filling lines quickly. Even if they could, spending a lot of money on expansion during an emergency may not be a good idea if it results in excess capacity once demand returns to normal levels.

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Due of BFS technology effectiveness, both big and small orders can be completed quickly and in huge quantities with consistent quality. A single machine can carry out a continuous series of automated operations to mould plastic containers from molten resin, fill the syringes with sterile liquid, then cool and seal them in less than three seconds thanks to the aseptic BFS filling process.

Key Takeaways from BFS Syringes Market

• The BFS syringes market is expected to increase at a CAGR of 9.4% during the forecast period 2022-2032.
• In terms of material, polypropylene segment is anticipated to generate an incremental opportunity of US$ 546 Mn during the forecast period of 2022-2032.
• According to end use, pharmaceutical and healthcare segment is anticipated to have a prominent demand for BFS syringes.
• North America and East Asia are projected to be the top leading regions for the global BFS syringes market.
• Based on end use, the healthcare and pharmaceutical segment is anticipated to witness fastest growth over the forecast period

“Increasing need of automation process and advent of aseptic packaging of syringes is expected to create market opportunities for the BFS syringes market. Hence, key players are capitalizing on this trend focusing on product expansion and sustainability.”- says FMI analyst

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Demand for Increased Single-dose Syringes to Boost BFS Syringes Market

By using contaminated syringes, needles, or other implements, it is possible to convey bacteria, viruses, or other micro-organisms from one person to another, which is how infectious diseases are spread. Healthcare professionals and patients prefer disposable plastic syringes these days to prevent the transmission of such infections because they only need to be used once. Infectious illness spread is reduced as a result. Reusing a syringe or needle puts the patient at risk of contracting a new or different disease. The single-dose syringe works in this situation since it is only ever used on one patient, keeping that patient fear-free.

Additionally, the single-dose syringe has advantages including sterilisation and safety. These single-use syringes are cost-effective as well. Thus, the single-dose syringe avoids the chance of cross-contamination which attracts the end-use segments. Overall, the concern to avoid the spread of infectious diseases creates a growth opportunity for the BFS syringes market.

BFS Syringes Market Landscape

• IVEN Pharmatech Engineering Co., Ltd,
• OPTIMA Packaging Group GmbH,
• Vanrx, AST, Inc, B.
• Braun Melsungen, Nipro, ,
• Horizon Pharmaceutical Inc,
• Nephron Pharmaceuticals Corporation,
• Recipharm AB,
• Takeda Pharmaceuticals International AG,
• The Ritedose Corporation,

Unicep Packaging, LLC, LyondellBasell Industries N.V, Pharmapack Co. Ltd, Brevetti Angela S.R.L, Laboratorios SALVAT, S.A, Asept Pak, Inc, SIFI Spa, Unither Pharmaceuticals SAS, Automatic Liquid Packaging Solutions LLC, Amanta Healthcare Ltd. and others.

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About Future Market Insights, Inc.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
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As per FMI, the global takeaway containers market size is anticipated to reach US$ 35.6 Billion by the end of 2032 and expand at a CAGR of 5.3% from 2022-2032. The market stood at US$ 21.3 Billion in 2022.

For enabling convenient options for consumers, packaging plays an important role. Popularity of food delivery has soared and packaging is playing an important role in improving the portability of food and beverage products. In the food service industry, convenience is the key. Takeaway containers have become very popular owing to the rapid expansion of the food industry. Packaging is considered to be important in order to keep the food fresh and safe from being contaminated. A longer shelf-life also helps to deliver food to locations that are far from restaurants.

Takeaway containers are made from a variety of materials such as plastic, paper & paperboard, metal, and glass. However, as compared to the usage of fresh materials, recycled materials in takeaway containers are in high demand as consumers are preferring sustainable packaging solutions.

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Some companies are investing huge sums in research and development (R&D) activities to increase the shelf-life of food. They are also extending the shelf-life of packaging to maintain the quality of the product. Consumers prefer quick-service restaurants, full-service restaurants, and catering services instead of a traditional way of dining due to changes in their lifestyle, which is projected to propel the demand for takeaway containers during the forecast period.

Key Takeaways from Global Takeaway Containers Market

· Based on material, the plastic takeaway containers segment is projected to hold around 57% of the market share by the end of 2022.

· By product type, the bowls and plates segment is estimated to create an incremental value of US$ 4.5 Bn during the foreseeable period.

· By end user, the hotels, restaurants, & cafes segment is likely to generate a share of 33% in the takeaway containers market in 2022.

· The India takeaway containers market is projected to grow at 6.4% CAGR during 2022-2032.

· The U.S. takeaway containers market is expected to create an incremental opportunity of around US$ 1.9 Bn in the forecast period.

“Rapid expansion of the foodservice sector and emergence of various online food delivery platforms worldwide are anticipated to propel the demand for takeaway containers. Besides, eco-friendly takeaway containers made by using paper and paperboard materials are gaining traction owing to rising concerns about the environment, which would aid growth,” says a FMI analyst.

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Expansion of Food Service and Quick Service Restaurants to Boost the Market

Foodservice and quick-service restaurants will exhibit significant growth in the upcoming decade as people are preferring restaurant foods more instead of the traditional method of cooking food at home. It will further increase the demand for takeaway containers. Food packaging products like trays, bowls, and cups are used for the packaging of foods that need to be delivered to consumers.

The number of working people is growing continuously and changes in eating habits would result in the high preference for ready-to-eat food items, as well as restaurant foods. Therefore, demand for innovative packaging is increasing among full-service restaurants, catering services, and quick-service restaurants.

Manufacturers to Innovative Their Existing Product Lines

Packaging plays an important role in the food industry as ready-to-eat food requires a long shelf life. Thus, the packaging industry is innovating different types of solutions. It is also helping them to control inventory & market availability and ensure that the food is not wasted.

Moreover, manufacturers are focusing on developing new products which would meet the tamper-evident criteria. They are launching new takeaway containers that can keep the meal components separate. Rising number of fast food chains across the globe is another vital factor that would aid growth.

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Competitive Landscape: Takeaway Containers Market

Key players operating in the global takeaway containers market are

• Huhtamaki Oyj,
• Georgia-Pacific LLC,
• Winpak Ltd.,
• WestRock Company,
• Sabert Corporation,
• Amcor Plc,
• Sealed Air Corporation,
• Berry Global Group,
• DS Smith plc,
• International Paper Company,

Reynolds Group Holding Limited, Detpak, Genpak, LLC, Pactiv LLC, Dart Container Corporation, Fabri-Kal, Vegware US, Karat by Lollicup, and Pappco Greenware among others.

Takeaway Containers Market Outlook by Category

By Product Type:

• Clamshell
• Cartons and Boxes
• Bowls and Plates
• Cups
• Bottles
• Jars

By Material:

• Plastic
• Paper & Paperboard
• Metal
• Glass
• Others (Bagasse, etc.)

By End User:

• Hotels, Restaurants, & Cafes
• Institutional
• Online Food Delivery

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Table of Content

1. Executive Summary

    1.1. Global Market Outlook

    1.2. Demand-side Trends

    1.3. Supply-side Trends

    1.4. Technology Roadmap Analysis

    1.5. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

About Future Market Insights, Inc.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse Latest Market reports: https://www.futuremarketinsights.com/reports

As per FMI, the global eco-friendly paper plates market size is set to reach a valuation of US$ 1.8 Bn by 2032 and exhibit growth at a CAGR of 4.3% from 2022-2032. The market is anticipated to be valued at US$ 1.1 Bn in 2022.

Due to shifting lifestyles and rising disposable income, especially in developed countries, demand for takeout or ready-to-eat meals is rising. Demand for single-use paper plates and food service disposables is also growing as a result of corporate work cultures that encourage eating out very often. Rising consumer preference for affordable and convenient food services is anticipated to drive the global market.

Consumer consumption habits in the food and beverage industry have undergone a significant dynamic transformation. As a result, there is a fierce competition among food service providers on all platforms for food delivery, which would create profitable prospects for companies that provide single-use paper plates and disposable packaging & cutlery for food items. For instance, Wolt, a Finland-based company that is known for its delivery platform for food, expanded its networks across Croatia, Norway, the Czech Republic, Hungary, Poland, and other countries.

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Eco-friendly paper plates are also extensively used by restaurants providing home delivery services as these are highly flexible for carrying various food items. It would further lead to a rapid inclination of consumers towards sustainable paper plates from conventional options available in the market like metal or plastic plates.

Key Takeaways from Eco-friendly Paper Plates Market

• By size, the less than 8 inches segment is projected to account for 49% of the global market share by the end of 2022.
• Based on end use, the commercial segment is projected to register a CAGR of 4.9% during 2022-2032.
• Europe and East Asia are collectively estimated to hold around 45% of the market share by the end of 2032.
• The U.S. eco-friendly paper plates market is projected to create an absolute $ opportunity of US$ 69.1 Mn during 2022-2032.
• The Germany eco-friendly paper plates market is anticipated to grow 1.4 times the current market value during the forecast period.

“Surging demand for convenient and environmentally friendly packaging solutions in the food and food service industries is anticipated to augment sales of eco-friendly paper plates. Also, increasing need for cost-effective and high-quality packaging solutions is anticipated to create new growth opportunities for key manufacturers of eco-friendly paper plates,” says a FMI analyst.

Launch of Unique Compostable Paper Plates to Drive the Global Market

Innovation is crucial as it helps companies to strengthen their positions in the market, thereby creating better opportunities and connections with their customers. There is a high scope of opportunity for innovation in the eco-friendly paper plates market. Rising demand for excellent quality food service products is anticipated to aid growth.

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Use of paper plates rather than plastic plates can help overcome various limitations of plastics and expand the eco-friendly paper plates market. Eco-friendly paper plate manufacturing companies are investing in R&D and continuously introducing new products to cater to changing customer demand. Huhtamaki Fresh, for instance, launched an eco-friendly food plate and tray, which are microwaveable and a green solution for consumers. Product enhancement is important for companies since it improves the attractiveness of their products and help to attract more customers.

Oy Mini-Maid AB also produced paper plates that are recyclable, compostable, and biodegradable in nature. Thus, ongoing innovations in the field of eco-friendly paper plates will attract the attention of more consumers and bolster sales in the global market.

Competitive Landscape: Eco-friendly Paper Plates Market

Huhtamaki Oyj, Graphic Packaging International, LLC, Pactiv LLC., Dart Container Corporation, Oy Mini-Maid Ab, HOSTI GmbH, Itterra A.S., Natural Tableware, Duni Group Global, Gafbros Ltd., Dinearth Eco Friendly Tableware, and Pappco Greenware are some of the key players operating in the eco-friendly paper plates market. As per FMI, tier 1 players hold about  15-20% of the global eco-friendly paper plates market share.

Get More Insights on Eco-friendly Paper Plates Market

Future Market Insights, in its new report, offers an unbiased analysis of the global eco-friendly paper plates market, analyzing historical demand from 2015-2021 and forecast statistics for 2022-2032. The study reveals market growth projections on the eco-friendly paper plates market based on size (less than 8 inches, 8 inches to 12 inches, and more than 12 inches), product type (partition and plain), sales channel (business to business (B2B) and business to consumer (B2C))  and end use (commercial, institutional and household) across seven regions.

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Eco-friendly Paper Plates Market Outlook by Category

By Size:

• Less than 8 inches
• 8 inches to 12 inches
• More than 12 inches

By Product Type:

• Partition
• Plain

By Sales Channel:

• Business to Business (B2B)
• Business to Consumer (B2C)

By End Use:

• Commercial
• Institutional
• Household

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