Global Compostable Food Service Packaging Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Packaging Type;

Plates, Trays, Bowls, Cups, Clamshell, Cutlery, Pouches & Sachets, and Others.

By Material;

Plastic, Paper & Paperboard, and Others.

By End Use;

Chain Restaurants, Non-Chain Restaurants, Chain Cafe, Non-Chain Cafe, Delivery Catering, Independent Sellers/ Kiosks, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn457455066 Published Date: April, 2024 Updated Date: May, 2024

Introduction

Global Compostable Food Service Packaging Market (USD Million), 2020 - 2030

In the year 2023, the Global Compostable Food Service Packaging Market was valued at USD 21,005.58 million. The size of this market is expected to increase to USD 30,759.70 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 5.6%.

The global compostable foodservice packaging market is witnessing substantial growth fueled by increasing demand for sustainable and eco-friendly packaging solutions in restaurants, cafes, hotels, and similar establishments. Compostable foodservice packaging, which is made from plant-based materials like wood pulp, bagasse, paper & paperboard, and bio-plastics, has gained significant popularity due to growing environmental concerns. This trend is expected to persist as businesses prioritize sustainability and seek alternatives to conventional plastic packaging.

A key driver of market growth is the global movement away from single-use plastic products, spurred by government regulations and bans on plastic packaging. Compostable foodservice packaging emerges as a viable solution that aligns with sustainability goals and addresses environmental challenges. Non-chain restaurants, in particular, are contributing to the rising demand for foodservice packaging, with this segment anticipated to hold a notable share of the market value.

The rapid expansion of the e-commerce sector and the increase in online food orders are also driving the growth of compostable foodservice packaging sales. As more consumers opt for delivery and takeout services, there is a corresponding need for sustainable packaging options to minimize environmental impact. The compostable foodservice packaging market is poised for significant expansion, driven by shifting consumer preferences towards eco-friendly solutions and regulatory measures promoting sustainability. This trajectory underscores a promising outlook for the industry, with substantial growth projected over the forecast period.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Packaging Type
    2. Market Snapshot, By Material
    3. Market Snapshot, By End Use
    4. Market Snapshot, By Region
  4. Global Compostable Food Service Packaging Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers:
        1. Environmental Impact and Sustainability
        2. Regulatory Landscape and Standards
        3. Consumer Awareness and Behavior
      2. Restraints:
        1. Challenges in Supply Chain and Distribution
        2. Composting Infrastructure and Facilities
        3. Regulatory Complexity and Compliance
      3. Opportunities:
        1. Growth in Food Delivery and Takeout Services
        2. Government Initiatives Promoting Environmental Sustainability
        3. Innovation in Compostable Packaging Materials and Technologies
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Compostable Food Service Packaging Market, By Packaging Type, 2022 - 2032 (USD Million)
      1. Plates
      2. Trays
      3. Bowls
      4. Cups
      5. Clamshell
      6. Cutlery
      7. Pouches & Sachets
      8. Others
    2. Global Compostable Food Service Packaging Market, By Material, 2022 - 2032 (USD Million)
      1. Plastic
      2. Paper & Paperboard
      3. Others
    3. Global Compostable Food Service Packaging Market, By End Use, 2022 - 2032 (USD Million)
      1. Chain Restaurants
      2. Non-Chain Restaurants
      3. Chain Cafe
      4. Non-Chain Cafe
      5. Delivery Catering
      6. Independent Sellers/ Kiosks
      7. Others
    4. Global Compostable Food Service Packaging Market, By Geography, 2022 - 2032 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Huhtamaki Oyj
      2. Stora Enso Oyj
      3. Georgia-Pacific LLC
      4. WestRock Company
      5. Mondi Group
      6. Berry Global Group
      7. Smurfit Kappa Group plc
      8. Pactiv LLC
      9. Genpak, LLC
  7. Analyst Views
  8. Future Outlook of the Market

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