The Winning Report [Compostable Food Service Packaging Market Growth Rate, Demands, Status and Forecast 2027] published by Data Bridge Market research provides the all-inclusive data regarding the market with growth, share, size and recent market trends. Best practice models and research methodologies are utilized in this Compostable Food Service Packaging market research report to give comprehensive market analysis, accurate market segmentation and insights. Worldwide Compostable Food Service Packaging Industry 2020 Market Research Report is spread crosswise over 129 pages and gives restrictive essential insights, information, data, patterns and aggressive scene points of interest in this specialty division.
Compostable food service packaging market is expected to reach USD 33.11 million by 2027 growing at a rate of 7.90%in the forecast period 2020 to 2027. Growing awareness about the negative impact of plastics and increasing adoption of foodservice disposables are the factors which will drive the growth of this market in the forecast period of 2020- 2027.
Few of the leading organizations’ names are listed here- Biosphere Industries, LLC, Anchor Packaging Inc., Eco-Products, Inc., Genpak, BioBag Americas, Inc, International Paper., Novolex, Dart Container Corporation, Good Start Packaging, Be Green Packaging LLC, ecoenclose.com, Huhtamäki, Georgia-Pacific., WestRock Company, Virosac., BioGreen, Elevate Packaging., vegware, among other players domestic and global.
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Succinct Description of the Market:
Compostable materials are usually similar to the biodegradable materials. A compostable packaging material is made from organic material and contains no plastic. Compostable packaging materials consist of starch based packing peanuts that can be dissolved in water and added to composts for safe disposal.
Increasing number of foodservice establishments and rising adoption of sustainable materials will accelerate the demand for the growth. Growing demand from various end- users will accelerate the market growth. Growing number of international chain café is also expected to impact the market growth. Advancement and development in the packaging industry will also drive the market growth. On the other hand, environmental benefits of compostable food service packaging will also create new opportunities for this market in the forecast period of 2020 to 2027.
Global Compostable food service packaging Market Scope and Market Size
Compostable food service packaging market is segmented on the basis of packaging type, material and end- users. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
Compostable food service packaging market on the basis of packaging type is segmented into plates, trays, bowls, cups, clamshell, cutlery, pouches & sachets, and others.
Based on material, the compostable food service packaging market is divided into plastic, paper & paperboard, and other. The plastic segment is further divided into Polylactic acid, HLA, PBS, Polybutylene adipate terephthalate, starch blends, and other. The paper & paperboard segment is categorized into coated unbleached, molded fiber, and other.
The compostable food service packaging market is also segmented on the basis of end-user. The end-user is categorized into chain restaurants, non- chain restaurants, chain café, non- chain café, delivery catering, independent stalls & kiosks, and other.
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In this study, the years considered to estimate the market size of Compostable Food Service Packaging are as follows:
History Year: 2014-2018
Base Year: 2019
Estimated Year: 2020
Forecast Year 2020 to 2027
Compostable Food Service Packaging Market Country Level Analysis
The countries covered in the compostable food service packaging market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific in the Asia-Pacific, Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa as a part of Middle East and Africa, Brazil, Argentina and Rest of South America as part of South America.
Asia- Pacific is expected to dominate the compostable food service packaging market because of increasing population and rising awareness among population about the advantages of composite packaging,
Methodologies utilized to evaluate the market-:
Compostable food service packaging market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to automotive plastics market.
Research strategies and tools used-:
This COMPOSTABLE FOOD SERVICE PACKAGING market research report helps the readers to know about the overall market scenario, strategy to further decide on this market project. It utilizes SWOT analysis, Porter’s Five Forces Analysis and PEST analysis.
Table of Contents
1 Compostable Food Service Packaging Market Overview
2 Manufacturers Profiles
3 Global Compostable Food Service Packaging Market Competitions, by Players
3.1 Global Compostable Food Service Packaging Revenue and Share by Players
3.2 Market Concentration Rate
3.2.1 Top 5 Compostable Food Service Packaging Players Market Share
3.2.2 Top 10 Compostable Food Service Packaging Players Market Share
3.3 Market Competition Trend
4 Global Compostable Food Service Packaging Market Size by Regions
5 North America Compostable Food Service Packaging Revenue by Countries
6 Europe Compostable Food Service Packaging Revenue by Countries
7 Asia-Pacific Compostable Food Service Packaging Revenue by Countries
8 South America Compostable Food Service Packaging Revenue by Countries
9 Middle East and Africa Revenue Compostable Food Service Packaging by Countries
10 Global Compostable Food Service Packaging Market Segment by Type
11 Global Compostable Food Service Packaging Market Segment by Application
12 Global Compostable Food Service Packaging Market Size Forecast (2019-2027)
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