PUBLISHER: Market Research Future | PRODUCT CODE: 1732702
PUBLISHER: Market Research Future | PRODUCT CODE: 1732702
Global Foam Food Container Market Research Report Information by Material (Polystyrene(EPS), Polyurethane, Polypropylene and Others), by Product type(Hinged Clamshell Containers, Plates, Bowls, Trays, Cups, Lids and Others), by Size/Capacity (Small (1-2 servings), Medium(3-5 servings) and Large(6+ servings)), by Application(Foodservice(Quick Service Restaurants(QSR) and Full-Service Restaurants, Cafeterias, Catering, Food Trucks and Others), Retail(Supermarkets, Hypermarkets, Convenience Stores, Online Retail and Others), and Others), by End-Use(Commercial Use(Restaurants, Catering Services, Cafeterias, Institutions(Schools, Hospitals) and Others), Household Use (Takeaway/Delivery, Outdoor Events and Parties and Others), and Others) Forecast till 2032
The demand for convenient food packaging solutions is the primary factor driving the steady growth of the global foam food container market. Foam containers are frequently employed in fast food establishments, food delivery services, and a variety of food packaging applications due to their affordability, thermal insulation, and lightweight nature. In 2023, the market generated sales of USD 17.859,08 million. This figure is expected to increase at a compound annual growth rate (CAGR) of 4.72% from 2024 to 2032, culminating in USD 26.9372 million by the end of the forecast. The foam food container market is being driven by a combination of factors, including the increasing demand for single-use packaging in the food and beverage industries, the increasing number of quick-service restaurants, and the increasing per capita disposable income.
Market segment insights
Based on the material, this segment comprises Polystyrene (EPS), Polyurethane, Polypropylene, and Others.
This segment comprises Hinged Clamshell Containers, Plates, Bowls, Trays, Cups, Lids, and Others, as determined by product classification. The global market was dominated by the Hinged Clamshell Containers segment in 2024, and the Bowls segment is expected to experience the most rapid growth during the forecast period.
This segment is divided into three categories: Small (1-2 servings), Medium (3-5 servings), and Large (6+ servings). Small (1-2 servings) is anticipated to be the fastest-growing segment during the forecast period, while the Medium (3-5 servings) segment dominated the global market in 2024.
By application, this segment comprises Foodservice (Quick Service Restaurants (QSR) and Full-Service Restaurants, Cafeterias, Catering, Food Trucks, and Others), Retail (Supermarkets, Hypermarkets, Convenience Stores, Online Retail, and Others), and Others.
This segment comprises Commercial Use (Restaurants, Catering Services, Cafeterias, Institutions (Schools, Hospitals), and Others), Household Use (Takeaway/Delivery, Outdoor Events and Parties, and Others), and Others, as determined by End Use.
Regional Perspectives
North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America are the regions into which the global Foam Food Container market is segmented. In 2024, the Asia-Pacific region dominated the global market, and it is anticipated to be the fastest-growing segment during the forecast period. The demand for convenience and ready-to-eat food products, as well as the increasing adoption of cost-effective and lightweight packaging solutions, are the primary factors driving the rapid growth of the Asia Pacific Foam Food Container market.
Although polystyrene is the primary material used in traditional foam food containers, innovations in biodegradable and compostable foam are designed to transform the industry. Currently, companies are emphasizing investments in research and development to develop solutions that are both regulatory compliant and environmentally favorable, in response to the growing concerns of customers regarding ecological considerations.
Pactiv Evergreen Inc., Huhtamaki Oyj, Dart Container Corporation, Genpak, LLC, Great Northern Corporation, Megafoam Containers Enterprise Sdn Bhd, Republic Plastics, Ltd, Packaging Resources Inc., Citi Pak, and SOLEMBA are among the main players in the market.