According to the latest report by IMARC Group, titled “Online Food Delivery Packaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” offers a comprehensive analysis of the industry, which comprises insights on the market. The online food delivery packaging research report also includes competitor and regional analysis, and contemporary advancements in the market. The global online food delivery packaging market size reached US$ 4.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 7.2 Billion by 2028, exhibiting a growth rate (CAGR) of 10.1% during 2023-2028.
Online Food Delivery Packaging Market Overview:
Online food delivery packaging involves enclosing the online-ordered food items in order to protect them from contamination or tampering while preserving the quality. It is considered to be an important element that helps in building a loyal customer base and a desirable brand perception. Additionally, it plays a vital role in portion control, guaranteeing food safety and preventing food decay by physical, chemical, or biological sources. Due to rapid urbanization and digitization, along with the growing adoption of smartphones among individuals, there has been a considerable rise in the demand for online food delivery packaging solutions across the globe.
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Global Online Food Delivery Packaging Market Trends:
The global market is primarily driven by significant growth in the food and beverage industry. Along with this, the proliferation of quick service restaurants (QSRs) and the advent of online delivery models are creating a positive market outlook. This is supported by the changing dietary patterns, the shifting preference for on-the-go food consumption, inflating disposable income levels of the masses and the hectic schedule led by the working population, especially young adults. In line with this, the increasing penetration of the Internet of Things (IoT) has positively impacted online food delivery services, thereby catalyzing the market demand.
Moreover, numerous leading players are heavily investing in the launching of eco-friendly food packaging solutions due to an enhanced focus on sustainable development among individuals, which is impacting the market growth favorably. Furthermore, the development of aggressive marketing strategies, celebrity endorsements and innovative packaging solutions are acting as other growth-inducing factors.
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Key Market Segmentation:
Top Online Food Delivery Packaging Companies Worldwide:
- Dart Container Corporation
- Koch Industries, Inc.
- Pactive LLC
- D&W Fine Pack, LLC
- Gold Plast SPA
- Anchor Packaging Inc.
- Huhtamaki Oyj
- Berry Global Group, Inc.
- Graphic Packaging Holding Company
- Novolex
- Be Green Packaging
- Genpak, LLC
Breakup by Product Type:
- Containers
- Plates
- Bowls
- Cups
- Others
Breakup by Material:
- Plastic
- Polyethylene Terephthalate (PET)
- Poly Lactic Acid (PLA)
- Polypropylene (PP)
- Polystyrene (PS)
- Paper and Paperboard
- Aluminum
- Others
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
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