Paper Food Containers Market Poised for Strong Growth
The global paper food containers market has been experiencing strong growth in recent years and is expected to continue growing over the forecast period from 2018 to 2028. Paper food containers are increasingly being used as a more sustainable alternative to plastic containers for storing and transporting various food items. The market is driven by growing environmental concerns about plastic waste and regulations against single-use plastics. Consumers are also more aware of the need to choose eco-friendly packaging options and paper food containers fulfill that demand.
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Advantages of Paper Food Containers
There are several advantages of using paper food containers compared to plastic or other materials:
Sustainability – Paper is a renewable and biodegradable resource. Paper food containers can be recycled or composted at the end of their use. This makes them a more environmentally friendly option than plastic containers.
Rigidity – Modern paper food containers are coated or laminated internally to provide rigidity and prevent leakage. This makes them suitable for holding both dry and wet foods.
Insulation – Paper provides good insulation and helps keep foods hot or cold for extended periods compared to plastic or foil containers.
Printability – Paper allows for graphics, images and text to be printed directly on the container. This is useful for branding and marketing purposes for foodservice operators and retailers.
Cost Effectiveness – While the initial cost of paper containers may be higher than plastic, the overall cost including disposal is lower as they can be recycled or composted.
Consumer Preference – More consumers prefer paper over plastic due to sustainability concerns. This improves the brand image of food companies using paper packaging.
Key Market Trends
Some notable trends in the global paper food containers market include:
Increasing Popularity in Foodservice Sector – Foodservice operators and quick service restaurants are major adopters of paper containers for takeaway foods and deliveries. This segment is expected to drive much of the market’s growth.
Growing Demand for On-the-Go Foods – Busy lifestyles have increased the consumption of ready-to-eat and on-the-go foods which require portable packaging like paper containers.
Innovation in Materials – Manufacturers are developing new materials like bagasse, bamboo and wheat straw in addition to conventional paper to provide renewable and compostable options.
Customization Options – Food brands demand customized shapes, sizes and graphics on containers for branding purposes. Manufacturers offer various customization solutions.
Emerging Markets Growth – Developing countries in Asia Pacific and Latin America show highest growth potential for paper food containers due to rising incomes, urbanization and focus on sustainability.
Segmentation Analysis
The global paper food containers market can be segmented based on:
Capacity – Up to 5 Oz, 5-10 Oz, 10-15 Oz, 15 Oz and above
Product Type – With Lid, Without Lid
Material Type – Kraft Paper, Bleached Paper, Unbleached Paper, Bagasse, others
Application – Food Service, Household, Institutional Food Services, others.
Region – North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Key Players
Some of the leading players operating in the paper food containers market include:
Huhtamaki
Dart Container Corporation
Pactiv LLC
Detmold Group
International Paper Company
Novolex Holdings Inc.
WestRock Company
Georgia-Pacific LLC
BeGreen Packaging
Amcor
KapStone Paper and Packaging Corp.
Genpak LLC
Vegware Ltd.
These companies are focused on expanding their product portfolio and capacities to capitalize on the market potential. Strategies like mergers, acquisitions and partnerships are common in this competitive industry. Sustainability remains a key factor that will determine leadership in the future.
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