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 online food delivery packaging market research. The report also includes competitor and regional analysis, and contemporary advancements in the market.
Online Food Delivery Packaging Market Overview:
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 comprises various products used to pack food items ordered online. Some commonly used packaging solutions include boxes, bags, bottles, wraps, cups, and plastic trays. It helps ensure food safety by providing barrier protection against exposure to external factors, offers efficient handling, improves convenience in delivery, and aids in branding and advertising. As a result, online food delivery packaging has gained immense traction as it provides an enhanced out-of-the-restaurant dining experience.
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Global Online Food Delivery Packaging Market Trends:
The global online food delivery packaging market is primarily driven by the growing popularity of online delivery models and the surging penetration of smartphones due to rapid digitization. In addition, there has been a substantial rise in demand for packaging solutions owing to the emerging trend of on-the-go food consumption and the increasing establishment of quick service restaurants (QSRs). Along with this, the surging adoption of recyclable packaging materials coupled with the implementation of stringent government regulations, such as the ban on single-use plastic, on account of the rising environmental concerns worldwide, has propelled market growth.
Furthermore, various product innovations, such as the introduction of eco-friendly packaging solutions made from materials like aluminum and paper to cater to the escalating demand for sustainable packaging, have catalyzed market growth. Other factors, including the increasing penetration of the Internet of Things (IoT), rapid expansion in the food and beverage industry, inflating consumer expenditure capacities, and elevating levels of urbanization, are also anticipated to drive the market further.
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Key Market Segmentation:
Top Online Food Delivery Packaging Companies Worldwide:
- Dart Container Corporation
- Koch Industries, Inc.
- Pactiv LLC
- D&W Fine Pack, LLC
- Gold Plast SPA
- Anchor Packaging Inc.
- Huhtamäki 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
- Aluminium
- 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)
Key Highlights of the Report:
- Market Performance
- Market Outlook
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic, and technological developments for business leaders in pharmaceutical, industrial, and high-technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology, and novel processing methods are at the top of the company’s expertise.
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