The ready-to-eat meals and processed food market has witnessed significant growth, resulting in increased demand for high barrier packaging solutions such as takeout containers.
Market Analysis and Insights: Global Takeout Container Market
Due to the COVID-19 pandemic, the global Takeout Container market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, Bowls accounting for % of the Takeout Container global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Transportation Catering Services segment is altered to an % CAGR throughout this forecast period.
China Takeout Container market size is valued at US$ million in 2021, while the US and Europe Takeout Container are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Takeout Container landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Takeout Container include Groupe Lacroix, Faerch AS, Huhtamäki, Genpak, CiMa-Pak Corporation, Earthpak, Greenmunch and Hubert Company, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
Global Takeout Container Scope and Segment
Takeout Container market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Takeout Container market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Bowls
Cups
Plates
Others
Segment by Application
Transportation Catering Services
QSR and FSR
Institutional Catering Services
Retail
Others
By Company
Groupe Lacroix
Faerch AS
Huhtamäki
Genpak
CiMa-Pak Corporation
Earthpak
Greenmunch
Hubert Company
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE