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Compostable Foodservice Packaging Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Product Type (Trays, Cups and Plates, Cutlery, Clamshell, Bowls, Pouches and Sachets, and Others) and Material [Paper and Paperboard, Compostable Plastic (Bio-Plastic), and Others]
- Report Code : TIPRE00029846
- Pages : 153
The compostable foodservice packaging market size is expected to grow from US$ 17,291.24 million in 2022 to US$ 23,272.61 million by 2028; it is estimated to register a CAGR of 5.1% from 2022 to 2028.
The global trend of foodservice packaging and pre-packed food has increased plastic production. Hence, a massive number of retailers and foodservice industries are concentrating on environmentally compatible packaging. Consumer preference for ready-to-eat food and takeaway is rising due to changing lifestyles, increasing disposable incomes, and rapid urbanization, mainly in emerging economies. More consumer trends are also guided by the desire for more portions, personal choices, variety, and shelf life. According to a study by the United States Department of Agriculture, the time limitations due to hectic work life shift consumer demand from grocery stores to pre-packed food or ready-to-eat food. Additionally, commercial restaurants and cafes have emerged as convenient places for teenagers, families, and young professionals to socialize and relax, thus, catalyzing the growth of the foodservice industry. Moreover, the development of e-commerce/online platforms and on-the-go food services coupled with innovations in packaging, the introduction of low-fat beverages, gluten-free products, etc., are also contributing significantly to the growth of the foodservice industry. Moreover, factors such as rising number of working women, increasing disposable incomes, and improving distribution channels are driving the market. Considering consumers’ changing lifestyles, many retailers and foodservice industries are opting for compostable foodservice packaging solutions. Pre-packed food is dominantly affected by factors such as the demand for nutritious food with low calories and innovative advancements in packaging technology. Hence, the rising demand for pre-packed food is boosting the compostable foodservice packaging market growth.
Based on material, the compostable foodservice packaging market is segmented into paper and paperboard, compostable plastic (bioplastic), and others. The compostable plastic (bio-plastic) segment held the largest share in 2022 and is expected to register the highest CAGR from 2022 to 2028. The paper and paperboard segment is another attractive segment of the market. Paper sees renewed interest as a packaging alternative, especially in the foodservice markets. The demand for paper and paperboard has increased with the growing concept of recyclability and sustainability. The use of paper-based packaging helps effectively renew, recycle, and compost the material, along with adding value to the product in the rising eco-conscious consumer market. The paper also provides an excellent printing substrate with the potential for high-quality graphics to communicate brand values (and sustainability credentials) virtually in terms of shelf appeal.
In terms of region, the compostable foodservice packaging market is segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South & Central America. In 2022, Asia Pacific held the largest share of the market and is estimated to register the highest CAGR from 2022 to 2028. The market growth in this region is mainly attributed to the growing awareness of sustainable packaging products and the rising trend of online food delivery systems.
Genpak, LLC; Good Start Packaging; Dart Container Corporation, Graphic Packaging International, LLC; WestRock Company; Be Green Packaging; Pactiv LLC; Anchor Packaging; Biogas Americas Inc.; and ECO PRODUCTS INC. are among the key players operating in the compostable foodservice packaging market. These players engage in developing affordable and innovative products to meet the rising customer demands and expand their market share.
The overall compostable foodservice packaging market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain more analytical insights into the topic. Participants in this process include VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the compostable foodservice packaging market.
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Compostable Food Service Packaging Market, by Product Type
1.3.2 Compostable Food Service Packaging Market, by Material
1.3.3 Compostable Food Service Packaging Market, by Geography
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Compostable Food Service Packaging Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
4.3.1 Raw Materials:
4.3.2 Manufacturing:
4.3.3 Distributors/ Suppliers:
4.3.4 Materials:
4.4 Expert Opinion
5. Compostable Food Service Packaging Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Demand for Foodservice Industry
5.1.2 Advancement and Development in The Packaging Industry
5.2 Market Restraints
5.2.1 High Price of Compostable Materials for Packaging
5.3 Market Opportunities
5.3.1 Focus on Sustainable Packaging Aims to Creates Opportunities
5.4 Future Trends
5.4.1 Rising Consumer Demand for Pre-Packed Food
5.5 Impact Analysis of Drivers and Restraints
6. Compostable Food Service Packaging – Global Market Analysis
6.1 Compostable Food Service Packaging Market Overview
6.2 Compostable Food Service Packaging Market –Volume and Forecast to 2028 (Kilo Tons)
6.3 Compostable Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
6.4 Market Positioning – Compostable Food Service Packaging Market Players
7. Compostable Food Service Packaging Market Analysis – By Product Type
7.1 Overview
7.2 Compostable Food Service Packaging Market, By Product Type (2021 and 2028)
7.3 Trays
7.3.1 Overview
7.3.2 Trays: Compostable Food Service Packaging Market – Volume and Forecast to 2028 (Kilo Tons)
7.3.3 Trays: Compostable Food Service Packaging Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Cups and Plates
7.4.1 Overview
7.4.2 Cups and Plates: Compostable Food Service Packaging Market – Volume and Forecast to 2028 (Kilo Tons)
7.4.3 Cups and Plates: Compostable Food Service Packaging Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Cutlery
7.5.1 Overview
7.5.2 Cutlery: Compostable Food Service Packaging Market – Volume and Forecast to 2028 (Kilo Tons)
7.5.3 Cutlery: Compostable Food Service Packaging Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Clamshell
7.6.1 Overview
7.6.2 Clamshell: Compostable Food Service Packaging Market – Volume and Forecast to 2028 (Kilo Tons)
7.6.3 Clamshell: Compostable Food Service Packaging Market – Revenue and Forecast to 2028 (US$ Million)
7.7 Bowls
7.7.1 Overview
7.7.2 Bowls: Compostable Food Service Packaging Market – Volume and Forecast to 2028 (Kilo Tons)
7.7.3 Bowls: Compostable Food Service Packaging Market – Revenue and Forecast to 2028 (US$ Million)
7.8 Pouches and Sachets
7.8.1 Overview
7.8.2 Pouches and Sachets: Compostable Food Service Packaging Market – Volume and Forecast to 2028 (Kilo Tons)
7.8.3 Pouches and Sachets: Compostable Food Service Packaging Market – Revenue and Forecast to 2028 (US$ Million)
7.9 Others
7.9.1 Overview
7.9.2 Others: Compostable Food Service Packaging Market – Volume and Forecast to 2028 (Kilo Tons)
7.9.3 Others: Compostable Food Service Packaging Market – Revenue and Forecast to 2028 (US$ Million)
8. Compostable Food Service Packaging Market Analysis – By Material
8.1 Overview
8.2 Compostable Food Service Packaging Market, By Material (2021 and 2028)
8.2.1 Compostable Food Service Packaging Market, by Material – Revenue and Forecast to 2028 (US$ Million)
8.3 Paper and Paperboard
8.3.1 Overview
8.3.2 Paper and Paperboard: Compostable Food Service Packaging Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Compostable Plastic (Bio-Plastic)
8.4.1 Overview
8.4.2 Compostable Plastic (Bio-Plastic): Compostable Food Service Packaging Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Others: Compostable Food Service Packaging Market – Revenue and Forecast to 2028 (US$ Million)
9. Compostable Food Service Packaging Market – Geographic Analysis
9.1 Overview
9.2 North America: Compostable Food Service Packaging Market
9.2.1 North America: Compostable Food Service Packaging Market –Volume and Forecast to 2028 (Kilo Tons)
9.2.2 North America: Compostable Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
9.2.3 North America: Compostable Food Service Packaging Market, by Product Type
9.2.4 North America: Compostable Food Service Packaging Market, by Material
9.2.5 North America: Compostable Food Service Packaging Market, by Key Country
9.2.5.1 US: Compostable Food Service Packaging Market –Volume and Forecast to 2028 (Kilo Tons)
9.2.5.2 US: Compostable Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
9.2.5.2.1 US: Compostable Food Service Packaging Market, by Product Type
9.2.5.2.2 US: Compostable Food Service Packaging Market, by Product Type
9.2.5.2.3 US: Compostable Food Service Packaging Market, by Material
9.2.5.3 Canada: Compostable Food Service Packaging Market–Volume and Forecast to 2028 (Kilo Tons)
9.2.5.4 Canada: Compostable Food Service Packaging Market–Revenue and Forecast to 2028 (US$ Million)
9.2.5.4.1 Canada: Compostable Food Service Packaging Market, by Product Type
9.2.5.4.2 Canada: Compostable Food Service Packaging Market, by Product Type
9.2.5.4.3 Canada: Compostable Food Service Packaging Market, by Material
9.2.5.5 Mexico: Compostable Food Service Packaging Market–Volume and Forecast to 2028 (Kilo Tons)
9.2.5.6 Mexico: Compostable Food Service Packaging Market–Revenue and Forecast to 2028 (US$ Million)
9.2.5.6.1 Mexico: Compostable Food Service Packaging Market, by Product Type
9.2.5.6.2 Mexico: Compostable Food Service Packaging Market, by Product Type
9.2.5.6.3 Mexico: Compostable Food Service Packaging Market, by Material
9.3 Europe: Compostable Food Service Packaging Market
9.3.1 Europe: Compostable Food Service Packaging Market–Volume and Forecast to 2028 (Kilo Tons)
9.3.2 Europe: Compostable Food Service Packaging Market–Revenue and Forecast to 2028 (US$ Million)
9.3.3 Europe: Compostable Food Service Packaging Market, by Product Type
9.3.4 Europe: Compostable Food Service Packaging Market, by Material
9.3.5 Europe: Compostable Food Service Packaging Market, by Key Country
9.3.5.1 Germany: Compostable Food Service Packaging Market–Volume and Forecast to 2028 (Kilo Tons)
9.3.5.2 Germany: Compostable Food Service Packaging Market–Revenue and Forecast to 2028 (US$ Million)
9.3.5.2.1 Germany: Compostable Food Service Packaging Market, by Product Type
9.3.5.2.2 Germany: Compostable Food Service Packaging Market, by Product Type
9.3.5.2.3 Germany: Compostable Food Service Packaging Market, by Material
9.3.5.3 France: Compostable Food Service Packaging Market–Volume and Forecast to 2028 (Kilo Tons)
9.3.5.4 France: Compostable Food Service Packaging Market–Revenue and Forecast to 2028 (US$ Million)
9.3.5.4.1 France: Compostable Food Service Packaging Market, by Product Type
9.3.5.4.2 France: Compostable Food Service Packaging Market, by Product Type
9.3.5.4.3 France: Compostable Food Service Packaging Market, by Material
9.3.5.5 Italy: Compostable Food Service Packaging Market–Volume and Forecast to 2028 (Kilo Tons)
9.3.5.6 Italy: Compostable Food Service Packaging Market–Revenue and Forecast to 2028 (US$ Million)
9.3.5.6.1 Italy: Compostable Food Service Packaging Market, by Product Type
9.3.5.6.2 Italy: Compostable Food Service Packaging Market, by Product Type
9.3.5.6.3 Italy: Compostable Food Service Packaging Market, by Material
9.3.5.6.4 United Kingdom: Compostable Food Service Packaging Market–Volume and Forecast to 2028 (Kilo Tons)
9.3.5.6.5 United Kingdom: Compostable Food Service Packaging Market–Revenue and Forecast to 2028 (US$ Million)
9.3.5.6.6 United Kingdom: Compostable Food Service Packaging Market, by Product Type
9.3.5.6.7 United Kingdom: Compostable Food Service Packaging Market, by Product Type
9.3.5.6.8 United Kingdom: Compostable Food Service Packaging Market, by Material
9.3.5.7 Russia: Compostable Food Service Packaging Market–Volume and Forecast to 2028 (Kilo Tons)
9.3.5.8 Russia: Compostable Food Service Packaging Market–Revenue and Forecast to 2028 (US$ Million)
9.3.5.8.1 Russia: Compostable Food Service Packaging Market, by Product Type
9.3.5.8.2 Russia: : Compostable Food Service Packaging Market, by Product Type
9.3.5.8.3 Russia: Compostable Food Service Packaging Market, by Material
9.3.5.9 Rest of Europe: Compostable Food Service Packaging Market – Volume and Forecast to 2028 (Kilo Tons)
9.3.5.10 Rest of Europe: Compostable Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
9.3.5.10.1 Rest of Europe: Compostable Food Service Packaging Market, by Product Type
9.3.5.10.2 Rest of Europe: Compostable Food Service Packaging Market, by Product Type
9.3.5.10.3 Rest of Europe: Compostable Food Service Packaging Market, by Material
9.4 Asia Pacific: Compostable Food Service Packaging Market
9.4.1 Asia Pacific: Compostable Food Service Packaging Market –Volume and Forecast to 2028 (Kilo Tons)
9.4.2 Asia Pacific: Compostable Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
9.4.3 Asia Pacific: Compostable Food Service Packaging Market, by Product Type
9.4.4 Asia Pacific: Compostable Food Service Packaging Market, by Material
9.4.5 Asia Pacific: Compostable Food Service Packaging Market, by Key Country
9.4.5.1 Australia: Compostable Food Service Packaging Market – Volume and Forecast to 2028 (Kilo Tons)
9.4.5.2 Australia: Compostable Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
9.4.5.2.1 Australia: Compostable Food Service Packaging Market, by Product Type
9.4.5.2.2 Australia: Compostable Food Service Packaging Market, by Product Type
9.4.5.2.3 Australia: Compostable Food Service Packaging Market, by Material
9.4.5.3 China: Compostable Food Service Packaging Market – Volume and Forecast to 2028 (Kilo Tons)
9.4.5.4 China: Compostable Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
9.4.5.4.1 China: Compostable Food Service Packaging Market, by Product Type
9.4.5.4.2 China: Compostable Food Service Packaging Market, by Product Type
9.4.5.4.3 China: Compostable Food Service Packaging Market, by Material
9.4.5.5 India: Compostable Food Service Packaging Market – Volume and Forecast to 2028 (Kilo Tons)
9.4.5.6 India: Compostable Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
9.4.5.6.1 India: Compostable Food Service Packaging Market, by Product Type
9.4.5.6.2 India: Compostable Food Service Packaging Market, by Product Type
9.4.5.6.3 India: Compostable Food Service Packaging Market, by Material
9.4.5.7 Japan: Compostable Food Service Packaging Market – Volume and Forecast to 2028 (Kilo Tons)
9.4.5.8 Japan: Compostable Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
9.4.5.8.1 Japan: Compostable Food Service Packaging Market, by Product Type
9.4.5.8.2 Japan: Compostable Food Service Packaging Market, by Product Type
9.4.5.8.3 Japan: Compostable Food Service Packaging Market, by Material
9.4.5.9 South Korea: Compostable Food Service Packaging Market – Volume and Forecast to 2028 (Kilo Tons)
9.4.5.10 South Korea: Compostable Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
9.4.5.10.1 South Korea: Compostable Food Service Packaging Market, by Product Type
9.4.5.10.2 South Korea: Compostable Food Service Packaging Market, by Product Type
9.4.5.10.3 South Korea: Compostable Food Service Packaging Market, by Material
9.4.5.11 Rest of Asia Pacific: Compostable Food Service Packaging Market – Volume and Forecast to 2028 (Kilo Tons)
9.4.5.12 Rest of Asia Pacific: Compostable Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
9.4.5.12.1 Rest of Asia Pacific: Compostable Food Service Packaging Market, by Product Type
9.4.5.12.2 Rest of Asia Pacific: Compostable Food Service Packaging Market, by Product Type
9.4.5.12.3 Rest of Asia Pacific: Compostable Food Service Packaging Market, by Material
9.5 Middle East and Africa: Compostable Food Service Packaging Market
9.5.1 Middle East and Africa: Compostable Food Service Packaging Market –Volume and Forecast to 2028 (Kilo Tons)
9.5.2 Middle East and Africa: Compostable Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
9.5.3 Middle East and Africa: Compostable Food Service Packaging Market, by Product Type
9.5.4 Middle East and Africa: Compostable Food Service Packaging Market, by Material
9.5.5 Middle East and Africa: Compostable Food Service Packaging Market, by Key Country
9.5.5.1 South Africa: Compostable Food Service Packaging Market –Volume and Forecast to 2028 (Kilo Tons)
9.5.5.2 South Africa: Compostable Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
9.5.5.2.1 South Africa: Compostable Food Service Packaging Market, by Product Type
9.5.5.2.2 South Africa: Compostable Food Service Packaging Market, by Product Type
9.5.5.2.3 South Africa: Compostable Food Service Packaging Market, by Material
9.5.5.3 Saudi Arabia: Compostable Food Service Packaging Market –Volume and Forecast to 2028 (Kilo Tons)
9.5.5.4 Saudi Arabia: Compostable Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
9.5.5.4.1 Saudi Arabia: Compostable Food Service Packaging Market, by Product Type
9.5.5.4.2 Saudi Arabia: Compostable Food Service Packaging Market, by Product Type
9.5.5.4.3 Saudi Arabia: Compostable Food Service Packaging Market, by Material
9.5.5.5 UAE: Compostable Food Service Packaging Market –Volume and Forecast to 2028 (Kilo Tons)
9.5.5.6 UAE: Compostable Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
9.5.5.6.1 UAE: Compostable Food Service Packaging Market, by Product Type
9.5.5.6.2 UAE: Compostable Food Service Packaging Market, by Product Type
9.5.5.6.3 UAE: Compostable Food Service Packaging Market, by Material
9.5.5.7 Rest of MEA: Compostable Food Service Packaging Market –Volume and Forecast to 2028 (Kilo Tons)
9.5.5.8 Rest of MEA: Compostable Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
9.5.5.8.1 Rest of MEA: Compostable Food Service Packaging Market, by Product Type
9.5.5.8.2 Rest of MEA: Compostable Food Service Packaging Market, by Product Type
9.5.5.8.3 Rest of MEA: Compostable Food Service Packaging Market, by Material
9.6 South & Central America: Compostable Food Service Packaging Market
9.6.1 South & Central America: Compostable Food Service Packaging Market –Volume and Forecast to 2028 (Kilo Tons)
9.6.2 South & Central America: Compostable Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
9.6.3 South & Central America: Compostable Food Service Packaging Market, by Product Type
9.6.4 South & Central America: Compostable Food Service Packaging Market, by Material
9.6.5 South & Central America: Compostable Food Service Packaging Market, by Key Country
9.6.5.1 Brazil: Compostable Food Service Packaging Market –Volume and Forecast to 2028 (Kilo Tons)
9.6.5.2 Brazil: Compostable Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
9.6.5.2.1 Brazil: Compostable Food Service Packaging Market, by Product Type
9.6.5.2.2 Brazil: Compostable Food Service Packaging Market, by Product Type
9.6.5.2.3 Brazil: Compostable Food Service Packaging Market, by Material
9.6.5.3 Argentina: Compostable Food Service Packaging Market –Volume and Forecast to 2028 (Kilo Tons)
9.6.5.4 Argentina: Compostable Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
9.6.5.4.1 Argentina: Compostable Food Service Packaging Market, by Product Type
9.6.5.4.2 Argentina: Compostable Food Service Packaging Market, by Product Type
9.6.5.4.3 Argentina: Compostable Food Service Packaging Market, by Material
9.6.5.5 Rest of South & Central America: Compostable Food Service Packaging Market –Volume and Forecast to 2028 (Kilo Tons)
9.6.5.6 Rest of South & Central America: Compostable Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
9.6.5.6.1 Rest of South & Central America: Compostable Food Service Packaging Market, by Product Type
9.6.5.6.2 Rest of South & Central America: Compostable Food Service Packaging Market, by Product Type
9.6.5.6.3 Rest of South & Central America: Compostable Food Service Packaging Market, by Material
10. Impact of COVID-19 Pandemic on Global Compostable Food Service Packaging Market
10.1 Impact of COVID-19 on Compostable Food Service Packaging Market
10.2 North America: Impact Assessment of COVID-19 Pandemic
10.3 Europe Impact Assessment of COVID-19 Pandemic
10.4 Asia Pacific: Impact Assessment of COVID-19 Pandemic
10.5 Middle East & Africa: Impact Assessment of COVID-19 Pandemic
10.6 South & Central America: Impact Assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Product launch
11.2 Expansion
11.3 Company News
12. Company Profiles
12.1 Genpak, LLC
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Good Start Packaging
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Dart Container Corporation
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Graphic Packaging International, LLC
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 WestRock Company
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Be Green Packaging
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Biobag Americas Inc.
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Pactiv LLC
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Anchor Packaging
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 ECO PRODUCTS INC.
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
LIST OF TABLES
Table 1. Compostable Food Service Packaging Market –Volume and Forecast to 2028 (Kilo Tons)
Table 2. Compostable Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
Table 3. Global Compostable Food Service Packaging Market, by Product Type – Volume and Forecast to 2028 (Kilo Tons)
Table 4. Global Compostable Food Service Packaging Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 5. North America Compostable Food Service Packaging Market, by Product Type – Volume and Forecast to 2028 (Kilo Tons)
Table 6. North America Compostable Food Service Packaging Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 7. North America Compostable Food Service Packaging Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 8. US Compostable Food Service Packaging Market, by Product Type – Volume and Forecast to 2028 (Kilo Tons)
Table 9. US Compostable Food Service Packaging Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 10. US Compostable Food Service Packaging Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 11. Canada: Compostable Food Service Packaging Market, by Product Type – Volume and Forecast to 2028 (Kilo Tons)
Table 12. Canada: Compostable Food Service Packaging Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 13. Canada: Compostable Food Service Packaging Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 14. Mexico Compostable Food Service Packaging Market, by Product Type – Volume and Forecast to 2028 (Kilo Tons)
Table 15. Mexico Compostable Food Service Packaging Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 16. Mexico Compostable Food Service Packaging Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 17. Europe Compostable Food Service Packaging Market, by Product Type – Volume and Forecast to 2028 (Kilo Tons)
Table 18. Europe Compostable Food Service Packaging Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 19. Europe Compostable Food Service Packaging Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 20. Germany Compostable Food Service Packaging Market, by Product Type – Volume and Forecast to 2028 (Kilo Tons)
Table 21. Germany Compostable Food Service Packaging Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 22. Germany Compostable Food Service Packaging Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 23. France Compostable Food Service Packaging Market, by Product Type – Volume and Forecast to 2028 (Kilo Tons)
Table 24. France Compostable Food Service Packaging Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 25. France Compostable Food Service Packaging Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 26. Italy Compostable Food Service Packaging Market, by Product Type – Volume and Forecast to 2028 (Kilo Tons)
Table 27. Italy Compostable Food Service Packaging Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 28. Italy Compostable Food Service Packaging Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 29. United Kingdom Compostable Food Service Packaging Market, by Product Type – Volume and Forecast to 2028 (Kilo Tons)
Table 30. United Kingdom Compostable Food Service Packaging Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 31. United Kingdom Compostable Food Service Packaging Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 32. Russia: Compostable Food Service Packaging Market, by Product Type– Volume and Forecast to 2028 (Kilo Tons)
Table 33. Russia : Compostable Food Service Packaging Market, by Product Type– Revenue and Forecast to 2028 (US$ Million)
Table 34. Russia: Compostable Food Service Packaging Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 35. Rest of Europe Compostable Food Service Packaging Market, by Product Type – Volume and Forecast to 2028 (Kilo Tons)
Table 36. Rest of Europe Compostable Food Service Packaging Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 37. Rest of Europe Compostable Food Service Packaging Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 38. Asia Pacific Compostable Food Service Packaging Market, by Product Type – Volume and Forecast to 2028 (Kilo Tons)
Table 39. Asia Pacific Compostable Food Service Packaging Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 40. Asia Pacific Compostable Food Service Packaging Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 41. Australia Compostable Food Service Packaging Market, by Product Type– Volume and Forecast to 2028 (Kilo Tons)
Table 42. Australia Compostable Food Service Packaging Market, by Product Type– Revenue and Forecast to 2028 (US$ Million)
Table 43. Australia Compostable Food Service Packaging Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 44. China Compostable Food Service Packaging Market, by Product Type – Volume and Forecast to 2028 (Kilo Tons)
Table 45. China Compostable Food Service Packaging Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 46. China Compostable Food Service Packaging Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 47. India Compostable Food Service Packaging Market, by Product Type – Volume and Forecast to 2028 (Kilo Tons)
Table 48. India Compostable Food Service Packaging Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 49. India Compostable Food Service Packaging Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 50. Japan Compostable Food Service Packaging Market, by Product Type – Volume and Forecast to 2028 (Kilo Tons)
Table 51. Japan Compostable Food Service Packaging Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 52. Japan Compostable Food Service Packaging Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 53. South Korea Compostable Food Service Packaging Market, by Product Type – Volume and Forecast to 2028 (Kilo Tons)
Table 54. South Korea Compostable Food Service Packaging Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 55. South Korea Compostable Food Service Packaging Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 56. Rest of Asia Pacific Compostable Food Service Packaging Market, by Product Type – Volume and Forecast to 2028 (Kilo Tons)
Table 57. Rest of Asia Pacific Compostable Food Service Packaging Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 58. Rest of Asia Pacific Compostable Food Service Packaging Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 59. Middle East and Africa Compostable Food Service Packaging Market, by Product Type– Volume and Forecast to 2028 (Kilo Tons)
Table 60. Middle East and Africa Compostable Food Service Packaging Market, by Product Type– Revenue and Forecast to 2028 (US$ Million)
Table 61. Middle East and Africa Compostable Food Service Packaging Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 62. South Africa Compostable Food Service Packaging Market, by Product Type – Volume and Forecast to 2028 (Kilo Tons)
Table 63. South Africa Compostable Food Service Packaging Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 64. South Africa Compostable Food Service Packaging Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 65. Saudi Arabia Compostable Food Service Packaging Market, by Product Type – Volume and Forecast to 2028 (Kilo Tons)
Table 66. Saudi Arabia Compostable Food Service Packaging Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 67. Saudi Arabia Compostable Food Service Packaging Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 68. UAE Compostable Food Service Packaging Market, by Product Type – Volume and Forecast to 2028 (Kilo Tons)
Table 69. UAE Compostable Food Service Packaging Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 70. UAE Compostable Food Service Packaging Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 71. Rest of MEA Compostable Food Service Packaging Market, by Product Type – Volume and Forecast to 2028 (Kilo Tons)
Table 72. Rest of MEA Compostable Food Service Packaging Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 73. Rest of MEA Compostable Food Service Packaging Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 74. South & Central America Compostable Food Service Packaging Market, by Product Type – Volume and Forecast to 2028 (Kilo Tons)
Table 75. South & Central America Compostable Food Service Packaging Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 76. South & Central America Compostable Food Service Packaging Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 77. Brazil Compostable Food Service Packaging Market, by Product Type – Volume and Forecast to 2028 (Kilo Tons)
Table 78. Brazil Compostable Food Service Packaging Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 79. Brazil Compostable Food Service Packaging Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 80. Argentina Compostable Food Service Packaging Market, by Product Type – Volume and Forecast to 2028 (Kilo Tons)
Table 81. Argentina Compostable Food Service Packaging Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 82. Argentina Compostable Food Service Packaging Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 83. Rest of South & Central America Compostable Food Service Packaging Market, by Product Type – Volume and Forecast to 2028 (Kilo Tons)
Table 84. Rest of South & Central America Compostable Food Service Packaging Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 85. Rest of South & Central America Compostable Food Service Packaging Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 86. Glossary of Terms, Global Compostable Food Service Packaging Market
LIST OF FIGURES
Figure 1. Compostable Food Service Packaging Market Segmentation
Figure 2. Global Compostable Food Service Packaging Market Overview
Figure 3. Global Compostable Food Service Packaging Market, By Product Type
Figure 4. Global Compostable Food Service Packaging Market, by Geography
Figure 5. Global Compostable Food Service Packaging Market, Industry Landscape
Figure 6. Compostable Food Service Packaging Market: Porter’s Five Forces Analysis
Figure 7. Ecosystem: Compostable Food Service Packaging Market
Figure 8. Expert Opinion
Figure 9. Compostable Food Service Packaging Market: Impact Analysis of Drivers and Restraints
Figure 10. Geographic Overview of Compostable Food Service Packaging Market
Figure 11. Compostable Food Service Packaging Market – Volume and Forecast to 2028 (Kilo Tons)
Figure 12. Compostable Food Service Packaging Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. Compostable Food Service Packaging Market Revenue Share, By Product Type (2021 and 2028)
Figure 14. Trays: Compostable Food Service Packaging Market – Volume and Forecast To 2028 (Kilo Tons)
Figure 15. Trays: Compostable Food Service Packaging Market – Revenue and Forecast To 2028 (US$ Million)
Figure 16. Cups and Plates: Compostable Food Service Packaging Market – Volume and Forecast To 2028 (Kilo Tons)
Figure 17. Cups and Plates: Compostable Food Service Packaging Market – Revenue and Forecast To 2028 (US$ Million)
Figure 18. Cutlery: Compostable Food Service Packaging Market – Volume and Forecast To 2028 (Kilo Tons)
Figure 19. Cutlery: Compostable Food Service Packaging Market – Revenue and Forecast To 2028 (US$ Million)
Figure 20. Clamshell: Compostable Food Service Packaging Market – Volume and Forecast To 2028 (Kilo Tons)
Figure 21. Clamshell: Compostable Food Service Packaging Market – Revenue and Forecast To 2028 (US$ Million)
Figure 22. Bowls: Compostable Food Service Packaging Market – Volume and Forecast To 2028 (Kilo Tons)
Figure 23. Bowls: Compostable Food Service Packaging Market – Revenue and Forecast To 2028 (US$ Million)
Figure 24. Pouches and Sachets: Compostable Food Service Packaging Market – Volume and Forecast To 2028 (Kilo Tons)
Figure 25. Pouches and Sachets: Compostable Food Service Packaging Market – Revenue and Forecast To 2028 (US$ Million)
Figure 26. Others: Compostable Food Service Packaging Market – Volume and Forecast To 2028 (Kilo Tons)
Figure 27. Others: Compostable Food Service Packaging Market – Revenue and Forecast To 2028 (US$ Million)
Figure 28. Compostable Food Service Packaging Market Revenue Share, By Material (2021 and 2028)
Figure 29. Paper and Paperboard: Compostable Food Service Packaging Market – Revenue and Forecast To 2028 (US$ Million)
Figure 30. Compostable Plastic (Bio-Plastic): Compostable Food Service Packaging Market – Revenue and Forecast To 2028 (US$ Million)
Figure 31. Others: Compostable Food Service Packaging Market – Revenue and Forecast To 2028 (US$ Million)
Figure 32. Global Compostable Food Service Packaging Market Revenue Share, by Region (2021 and 2028)
Figure 33. North America: Compostable Food Service Packaging Market –Volume and Forecast to 2028 (Kilo Tons)
Figure 34. North America: Compostable Food Service Packaging Market – Revenue and Forecast to 2028 (US$ Million)
Figure 35. North America: Compostable Food Service Packaging Market Revenue Share, by Product Type (2021 and 2028)
Figure 36. North America: Compostable Food Service Packaging Market Revenue Share, by Material (2021 and 2028)
Figure 37. North America: Compostable Food Service Packaging Market Revenue Share, by Key Country (2021 and 2028)
Figure 38. US: Compostable Food Service Packaging Market –Volume and Forecast to 2028 (Kilo Tons)
Figure 39. US: Compostable Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
Figure 40. Canada: Compostable Food Service Packaging Market–Volume and Forecast to 2028 (Kilo Tons)
Figure 41. Canada: Compostable Food Service Packaging Market–Revenue and Forecast to 2028 (US$ Million)
Figure 42. Mexico: Compostable Food Service Packaging Market–Volume and Forecast to 2028 (Kilo Tons)
Figure 43. Mexico: Compostable Food Service Packaging Market–Revenue and Forecast to 2028 (US$ Million)
Figure 44. Europe: Compostable Food Service Packaging Market–Volume and Forecast to 2028 (Kilo Tons)
Figure 45. Europe: Compostable Food Service Packaging Market– Revenue and Forecast to 2028 (US$ Million)
Figure 46. Europe: Compostable Food Service Packaging Market Revenue Share, by Product Type (2021 and 2028)
Figure 47. Europe: Compostable Food Service Packaging Market Revenue Share, by Material (2021 and 2028)
Figure 48. Europe: Compostable Food Service Packaging Market Revenue Share, by Key Country (2021 and 2028)
Figure 49. Germany: Compostable Food Service Packaging Market–Volume and Forecast to 2028 (Kilo Tons)
Figure 50. Germany: Compostable Food Service Packaging Market–Revenue and Forecast to 2028 (US$ Million)
Figure 51. France: Compostable Food Service Packaging Market–Volume and Forecast to 2028 (Kilo Tons)
Figure 52. France: Compostable Food Service Packaging Market–Revenue and Forecast to 2028 (US$ Million)
Figure 53. Italy: Compostable Food Service Packaging Market–Volume and Forecast to 2028 (Kilo Tons)
Figure 54. Italy: Compostable Food Service Packaging Market–Revenue and Forecast to 2028 (US$ Million)
Figure 55. United Kingdom: Compostable Food Service Packaging Market–Volume and Forecast to 2028 (Kilo Tons)
Figure 56. United Kingdom: Compostable Food Service Packaging Market–Revenue and Forecast to 2028 (US$ Million)
Figure 57. Russia: Compostable Food Service Packaging Market– Volume and Forecast to 2028 (Kilo Tons)
Figure 58. Russia: Compostable Food Service Packaging Market–Revenue and Forecast to 2028 (US$ Million)
Figure 59. Rest of Europe: Compostable Food Service Packaging Market – Volume and Forecast to 2028 (Kilo Tons)
Figure 60. Rest of Europe: Compostable Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
Figure 61. Asia Pacific: Compostable Food Service Packaging Market – Volume and Forecast to 2028 (Kilo Tons)
Figure 62. Asia Pacific: Compostable Food Service Packaging Market – Revenue and Forecast to 2028 (US$ Million)
Figure 63. Asia Pacific: Compostable Food Service Packaging Market Revenue Share, by Product Type (2021 and 2028)
Figure 64. Asia Pacific: Compostable Food Service Packaging Market Revenue Share, by Material (2021 and 2028)
Figure 65. Asia Pacific: Compostable Food Service Packaging Market Revenue Share, by Key Country (2021 and 2028)
Figure 66. Australia: Compostable Food Service Packaging Market – Volume and Forecast to 2028 (Kilo Tons)
Figure 67. Australia: Compostable Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
Figure 68. China: Compostable Food Service Packaging Market – Volume and Forecast to 2028 (Kilo Tons)
Figure 69. China: Compostable Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
Figure 70. India: Compostable Food Service Packaging Market – Volume and Forecast to 2028 (Kilo Tons)
Figure 71. India: Compostable Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
Figure 72. Japan: Compostable Food Service Packaging Market – Volume and Forecast to 2028 (Kilo Tons)
Figure 73. Japan: Compostable Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
Figure 74. South Korea: Compostable Food Service Packaging Market – Volume and Forecast to 2028 (Kilo Tons)
Figure 75. South Korea: Compostable Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
Figure 76. Rest of Asia Pacific: Compostable Food Service Packaging Market – Volume and Forecast to 2028 (Kilo Tons)
Figure 77. Rest of Asia Pacific: Compostable Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
Figure 78. Middle East and Africa: Compostable Food Service Packaging Market –Volume and Forecast to 2028 (Kilo Tons)
Figure 79. Middle East and Africa: Compostable Food Service Packaging Market – Revenue and Forecast to 2028 (US$ Million)
Figure 80. Middle East and Africa: Compostable Food Service Packaging Market Revenue Share, by Product Type (2021 and 2028)
Figure 81. Middle East and Africa: Compostable Food Service Packaging Market Revenue Share, by Material (2021 and 2028)
Figure 82. Middle East and Africa: Compostable Food Service Packaging Market Revenue Share, by Key Country (2021 and 2028)
Figure 83. South Africa: Compostable Food Service Packaging Market –Volume and Forecast to 2028 (Kilo Tons)
Figure 84. South Africa: Compostable Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
Figure 85. Saudi Arabia: Compostable Food Service Packaging Market –Volume and Forecast to 2028 (Kilo Tons)
Figure 86. Saudi Arabia: Compostable Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
Figure 87. UAE: Compostable Food Service Packaging Market –Volume and Forecast to 2028 (Kilo Tons)
Figure 88. UAE: Compostable Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
Figure 89. Rest of MEA: Compostable Food Service Packaging Market –Volume and Forecast to 2028 (Kilo Tons)
Figure 90. Rest of MEA: Compostable Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
Figure 91. South & Central America: Compostable Food Service Packaging Market –Volume and Forecast to 2028 (Kilo Tons)
Figure 92. South & Central America: Compostable Food Service Packaging Market – Revenue and Forecast to 2028 (US$ Million)
Figure 93. South & Central America: Compostable Food Service Packaging Market Revenue Share, by Product Type (2021 and 2028)
Figure 94. South & Central America: Compostable Food Service Packaging Market Revenue Share, by Material (2021 and 2028)
Figure 95. South & Central America: Compostable Food Service Packaging Market Revenue Share, by Key Country (2021 and 2028)
Figure 96. Brazil: Compostable Food Service Packaging Market –Volume and Forecast to 2028 (Kilo Tons)
Figure 97. Brazil: Compostable Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
Figure 98. Argentina: Compostable Food Service Packaging Market –Volume and Forecast to 2028 (Kilo Tons)
Figure 99. Argentina: Compostable Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
Figure 100. Rest of South & Central America: Compostable Food Service Packaging Market –Volume and Forecast to 2028 (Kilo Tons)
Figure 101. Rest of South & Central America: Compostable Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)
Figure 102. Impact of COVID-19 Pandemic on North America
Figure 103. Impact of COVID-19 Pandemic on Europe
Figure 104. Impact of COVID-19 Pandemic on Asia Pacific
Figure 105. Impact of COVID-19 Pandemic on the Middle East & Africa
Figure 106. Impact of COVID-19 Pandemic on South & Central America
• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the global compostable foodservice packaging market
• Highlights key business priorities in order to assist companies to realign their business strategies
• The key findings and recommendations highlight crucial progressive industry trends in the global compostable foodservice packaging market, thereby allowing players across the value chain to develop effective long-term strategies
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
• Scrutinize in-depth global market trends and outlook coupled with the factors driving the compostable foodservice packaging market as well as those hindering it.
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
The List of Companies – Compostable Foodservice Packaging Market
• Genpak LLC
• Good Start Packaging
• Dart Container Corporation
• Graphic Packaging International LLC
• WestRock Company
• Be Green Packaging
• Pactiv LLC
• Anchor Packaging
• Biobag Americas Inc
• ECO PRODUCTS INC
The scope of our recent study on the “Compostable Foodservice Packaging Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Product Type (Trays, Cups and Plates, Cutlery, Clamshell, Bowls, Pouches and Sachets, and Others) and Material [Paper and Paperboard, Compostable Plastic (Bio-Plastic), and Others]” includes the factors fueling the market growth, revenue estimation and forecast, and market share analysis, along with the identification of significant market players and their key developments.
The compostable foodservice packaging market was valued at US$ 17,291.24 million in 2022 and is projected to reach US$ 23,272.61 million by 2028; it is expected to register a CAGR of 5.1% from 2022 to 2028. Compostable packaging materials are those materials that do not cause any harm to the environment and can easily compost. These types of packaging materials are composed of organic matter and do not involve using fossil fuels in production. This serves as one of the potential benefits for the market’s growth as there is minimum or no need to create a burden on fossil fuels. With the growth of the foodservice industry and a rise in inclination toward environmentally friendly packaging materials, the use of compostable packaging materials in foodservice has risen considerably. With rising concerns about the depletion of natural resources and growing focus on sustainability and zero waste, the use of a compostable form of plant-based material is expected to gain traction in the foodservice industry. Players operating in the market are competing with each other based on product quality, price, and product differentiation. The global compostable foodservice packaging market is segmented based on product type, material, and geography.
Based on material, the global compostable foodservice packaging market is segmented into paper and paperboard, compostable plastic (bio-plastic), and others. The compostable plastic (bio-plastic) segment held the largest share of the global compostable foodservice packaging market in 2022. Polylactic acid (PLA), a conditionally compostable bio-plastic, is used to make shopping bags, transparent cups, 3-D printing material, and other products. As it can be derived from plant materials such as corn sugar, potato, or sugarcane, it can reduce the demand for fossil fuels used to make conventional plastics. PLA is recyclable, biodegradable, and compostable.
The global compostable foodservice packaging market is segmented into five main regions—North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South & Central America. Asia Pacific held the largest revenue share of the global compostable foodservice packaging market in 2022. The growing foodservice sector is the major factor driving the compostable foodservice packaging market in Asia Pacific. China, Japan, and India are among the major countries in Asia Pacific for the food service packaging market. The countries such as China, India, and South Korea have the highest penetration of full service restaurants. Food service is one of the major segments of the Indian economy. The changing consumer dynamics, coupled with the increasing market proliferation of brands in the country, is boosting the food services sector’s growth. This is further fueling the market growth in the region.
Impact of COVID-19 Pandemic on Compostable Foodservice Packaging Market
The global economy was hit hard due to the COVID-19 pandemic. Governments of various regions had taken possible steps to restrict the spread of SARS-CoV-2 by announcing countrywide lockdowns, which directly impacted the growth of service sectors. The packaging industry faced challenges in procuring compostable materials. Moreover, supply constraints significantly raised the costs of compostable foodservice packaging products. The COVID-19 pandemic significantly impacted the biodegradable packaging industry across the globe, with a decline in the production process. However, the compostable packaging market recovered due to the rising demand for foodservice.
Global Compostable Foodservice Packaging Market Breakdown – by Region
The report includes the segmentation of the global compostable foodservice packaging market as follows:
By product type, the global compostable foodservice packaging market is segmented into trays, cups and plates, cutlery, clamshell, bowls, pouches and sachets, and others. Based on material, the global compostable foodservice packaging market is segmented into paper and paperboard, compostable plastic (bio-plastic), and others. By geography, the global compostable foodservice packaging market is broadly segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South & Central America. The compostable foodservice packaging market in North America is further segmented into the US, Canada, and Mexico. The compostable foodservice packaging market in Europe is subsegmented into Germany, France, the UK, Italy, Russia, and the Rest of Europe. The compostable foodservice packaging market in Asia Pacific is segmented into China, India, Japan, Australia, South Korea, and the Rest of Asia Pacific. The market in the MEA is further segmented into South Africa, Saudi Arabia, the UAE, and the Rest of MEA. The compostable foodservice packaging market in South & Central America is segmented into Brazil, Argentina, and the Rest of South & Central America.
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