Disposable Plates Market Size to Grow by USD 1.1 Bn, Robust Growth of QSRs to Boost Market Growth - Technavio

2022-11-09 16:41:46 By : Ms. Daisy Chan

NEW YORK , Nov. 7, 2022 /PRNewswire/ -- The "Disposable Plates Market by Distribution Channel (Offline and Online) and Geography (APAC, North America , Europe , South America , and Middle East and Africa ) - Forecast and Analysis 2022-2026" report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years.

The potential growth difference for the disposable plates market size between 2021 and 2026 is USD 1.1 billion . To get the exact yearly growth variance and the Y-O-Y growth rate, Request a FREE PDF Sample Report

Market Driver: The robust growth of quick-service restaurants (QSRs) is driving market growth. China is a major contributor to the growth of the disposable plates market share in APAC owing to the high penetration of fast-food restaurants and the rising adoption of online food delivery platforms. Emerging economies are expected to record significant growth in the market owing to the high penetration of the QSR industry. QSRs and fast-food restaurants are the main end-users of disposable plates, which is expected to increase their sales during the forecast period.

Market Challenge: The lack of quality and high costs of raw materials are challenging market growth. The high demand for wood pulp from emerging economies in Asia , Africa , and the Middle East , is leading to an increase in the prices of disposable plates. Paper pulp manufacturers are unable to keep up with the demand from paper manufacturers due to the rising demand for wood pulp and the declining availability of forest resources. Thus, the fluctuating cost of raw materials may limit the disposable plates market growth during the forecast period.

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By distribution channel, the offline segment will be a significant contribution to market growth during the forecast period. This segment includes hypermarkets, supermarkets, discount stores, convenience stores, and takeout stores. Supermarkets and hypermarkets are popular distribution channels for disposable plates.

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By geography, APAC will be the leading region with 37% of the market's growth during the forecast period. China and India are the key countries for the disposable plates market in APAC.

Find additional insights into the contribution of all the segments and regional opportunities in the report. Buy Now for detailed segment information

Some Companies Mentioned with their Offerings

Be Green Packaging - The company offers disposable plates such as disposable plates of 6 inch, 9 inch, and 10 inch.

CKF Inc. - The company offers disposable plates such as Royal Chinet Platter Flower and Leaf.

D&W Fine Pack LLC - The company offers disposable plates such as Plate Comb Black Pearl.

Dart Container Corp. - The company offers disposable plates such as solo paper dinnerware.

DOpla Spa - The company offers disposable plates such as paper and cardboard round plates.

Conservia Ecocraft India Pvt. Ltd.

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Foodservice Disposables Market by Material and Geography - Forecast and Analysis 2021-2025: This report extensively covers market segmentation by material (plastic, paper, aluminum, and others) and geography (North America , Europe , APAC, South America , and MEA). 32% of the market's growth will originate from APAC during the forecast period.

Disposable Icepacks Market in North America  by Product, Application, and Geography - Forecast and Analysis 2021-2025: This report extensively covers market segmentation by product (dry-ice-based and gel-based), application (food and beverage, medical and healthcare, and chemicals), and geography (the US, Canada , and Mexico ). 68% of the market's growth will originate from the US during the forecast period.

Accelerate at a CAGR of 4.75%

APAC, North America, Europe, South America, and Middle East and Africa

US, China, India, Germany, and UK

Leading companies, competitive strategies, consumer engagement scope

Be Green Packaging, Boardlink, BOLLANT Industries Pvt. Ltd, CKF Inc., Conservia Ecocraft India Pvt. Ltd., D and W Fine Pack LLC, Dart Container Corp., DOpla Spa, Duni AB, Fast Plast A/S, Genpak LLC, Green Twigs UK Ltd., HOSTI GmbH, Hotpack Packaging LLC, Huhtamaki Oyj, Koch Industries Inc., Pactiv Evergreen Inc, Poppies Europe Ltd., Reynolds Consumer Product Inc., and Vegware Ltd.

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

3.4 Market outlook: Forecast for 2021-2026

5 Market Segmentation by Distribution Channel

5.3 Offline - Market size and forecast 2021-2026

5.4 Online - Market size and forecast 2021-2026

5.5 Market opportunity by Distribution Channel

7.3 APAC - Market size and forecast 2021-2026

7.4 North America - Market size and forecast 2021-2026

7.5 Europe - Market size and forecast 2021-2026

7.6 South America - Market size and forecast 2021-2026

7.7 Middle East and Africa - Market size and forecast 2021-2026

7.8 US - Market size and forecast 2021-2026

7.9 China - Market size and forecast 2021-2026

7.10 India - Market size and forecast 2021-2026

7.11 Germany - Market size and forecast 2021-2026

7.12 UK - Market size and forecast 2021-2026

8.3 Impact of drivers and challenges

10.5 D and W Fine Pack LLC

11.3 Currency conversion rates for US$

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