푸드서비스용 퇴비화 가능 포장 시장 예측(-2030년) : 포장 유형별, 재료 유형별, 최종사용자별, 지역별 세계 분석

According to Stratistics MRC, the Global Compostable Foodservice Packaging Market is accounted for $18.9 billion in 2023 and is expected to reach $29.37 billion by 2030 growing at a CAGR of 6.5% during the forecast period. Foodservice packaging that is compostable is made of disposable materials that are used in the food industry and can decompose into natural, non-toxic components. These creative packaging ideas provide a sustainable substitute for conventional single-use products, reducing their negative effects on the environment. Moreover, these materials break down into nutrient-rich compost in a composting facility, improving soil health and cutting down on waste going to landfills.

According to the Sustainable Packaging Coalition, compostable foodservice packaging has gained prominence as a viable solution to address the environmental concerns associated with single-use items in the food industry.

Market Dynamics:

Driver:

Environmental concerns and consumer awareness

The market for compostable foodservice packaging is being propelled by consumers growing consciousness of environmental concerns, specifically plastic pollution. As consumers become more aware of the environmental effects of single-use plastics, they actively look for sustainable substitutes. Additionally, customers who care about the environment and choose products with a smaller environmental impact are drawn to compostable packaging because it is made of renewable resources.

Restraint:

Cost factors and accessibility

Cost is a major barrier to the widespread use of compostable foodservice packaging. These environmentally friendly substitutes are not cheap. The cost of compostable materials is frequently higher than that of conventional plastics, which affects a business's operating costs. Furthermore, for small businesses or those with limited resources, the upfront investment and production costs may pose a challenge, impeding their ability to make the seamless switch to compostable packaging.

Opportunity:

Growth in the market in reaction to sustainability trends

The market for compostable foodservice packaging has a lot of potential due to the increased emphasis on sustainability around the world. Companies that proactively use compostable substitutes can appeal to a growing consumer base that values sustainable practices and establish themselves as environmentally conscious. Moreover, customers actively seek out and support eco-friendly products, so there is plenty of room for market expansion as long as sustainability remains a major trend.

Threat:

Inconsistent infrastructure for composting

The efficient processing and disposal of compostable packaging are threatened by the uneven development of the infrastructure for composting. Compostable materials may wind up in landfills or incinerators in areas lacking proper composting facilities, negating their environmental benefits. Additionally, the optimal environmental potential of compostable foodservice packaging is not being fully realized due to a lack of a standardized and widely available composting infrastructure.

Covid-19 Impact:

The market for compostable foodservice packaging has been impacted by the COVID-19 pandemic in many ways. A temporary setback resulted from the initial spike in the use of single-use plastics brought on by safety worries, takeout, and delivery services, but the pandemic has also raised awareness of the environmental effects of plastic waste. There is potential for the compostable packaging market to grow as the world heals. Furthermore, this can be attributed to policy changes, consumer demand for eco-friendly products, and a renewed emphasis on sustainability as people and companies look to adopt more environmentally friendly practices in the wake of the pandemic.

The Plates and Bowls segment is expected to be the largest during the forecast period

In the compostable foodservice packaging market, the plates and bowls segment holds the largest market share. The importance of these products in providing a variety of meals in different foodservice settings is what has led to their prominence. Because they are made of renewable resources and decompose into nutrient-rich compost, compostable plates and bowls have become more and more popular. Moreover, these products are becoming widely used, which is indicative of the growing focus on sustainable practices in the food industry. Both consumers and businesses understand how important it is to lessen dependency on conventional single-use plastics.

The Delivery Catering segment is expected to have the highest CAGR during the forecast period

The delivery catering segment frequently exhibits the highest CAGR. The growing popularity of food delivery services and the increased emphasis on sustainable practices in the larger food industry are the main causes behind the spike in demand for compostable packaging within the delivery catering sector. As the number of online food ordering and delivery platforms rises, there is an increasing demand for packaging solutions that satisfy consumers environmental concerns while remaining convenient. Additionally, compostable foodservice packaging is becoming more and more popular among delivery catering services from both chain and independent restaurants.

Region with largest share:

In terms of market share for compostable foodservice packaging, North America is predicted to be the largest. A number of factors contribute to this dominance, such as strict environmental laws, a strong understanding of sustainability issues, and a growing inclination among consumers and businesses to choose eco-friendly alternatives. However, in recent years, compostable foodservice packaging has become increasingly popular in the US and Canada, particularly in retail stores, catering services, and both chain and independent restaurants.

Region with highest CAGR:

The market for compostable foodservice packaging is growing at the highest CAGR in the Asia-Pacific region. Numerous factors, such as shifting consumer preferences, the implementation of strict regulations aimed at reducing plastic waste, and growing awareness of environmental sustainability, are driving this rapid growth. Compostable foodservice packaging is in high demand across a range of segments, including restaurants, cafes, hotels, and retail, in countries like China, India, and Japan. Moreover, the transition to greener options is being fueled by the region's rapid economic growth as well as the expansion of the middle class.

Key players in the market

Some of the key players in Compostable Foodservice Packaging market include Genpak, LLC, Berry Global Group, Smurfit Kappa Group plc, Georgia-Pacific LLC, Eco-Products, Inc., Cereplast Inc, Stora Enso Oyj, Anchor Packaging Inc., Mondi Group, Biosphere Industries, LLC, Novolex, Kruger Inc., WestRock Company, Biogas Americas Inc. and Vegware Ltd.

Key Developments:

In February 2024, US packaging producer Berry Global Group signed a definitive agreement with fellow US Glatfelter Corporation on 7 February for the spin-off and merger of the majority of Berry's Health, Hygiene ad Specialties segment, including nonwovens and films ("HHNF"), with Glatfelter. The merger reportedly aims to create a leading, publicly-traded company in the specialty materials industry.

In January 2024, Genpak, a leading food service packaging manufacturer and innovator, recently launched its new, sustainable molded fiber packaging line without intentionally added PFAS. The company's revamped Harvest (R) Fiber line consists of hinged food service containers, trays, and tableware. Designed to meet the needs of food restaurant operators, Harvest (R) Fiber merges environmental sustainability with reliable packaging performance and durability.

In September 2023, corrugated packaging giant Smurfit Kappa has agreed to acquire Westrock in a landmark deal that will see the establishment of a new combined holding company, dubbed 'Smurfit WestRock'. This deal is estimated to be worth $11.2bn, reported Bloomberg. As per the terms of the agreement, WestRock common stockholders will receive one new Smurfit WestRock share and $5 in cash for each share of WestRock common stock.

Packaging Types Covered:

• Plates and Bowls
• Trays
• Cups
• Clamshell
• Cutlery
• Pouches & Sachets
• Wraps
• Straws
• Cup Carriers
• Other Packaging Types

Material Types Covered:

• Plastic
• Paper & Paperboard
• Other Material Types

End Users Covered:

• Chain Restaurants
• Non-Chain Restaurants
• Chain Cafe
• Non-Chain Cafe
• Delivery Catering
• Independent Sellers/ Kiosks
• Fast-Moving Consumer Goods
• Hotels
• Retailers
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 End User Analysis
• 3.7 Emerging Markets
• 3.8 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Compostable Foodservice Packaging Market, By Packaging Type

• 5.1 Introduction
• 5.2 Plates and Bowls
• 5.3 Trays
• 5.4 Cups
• 5.5 Clamshell
• 5.6 Cutlery
• 5.7 Pouches & Sachets
• 5.8 Wraps
• 5.9 Straws
• 5.10 Cup Carriers
• 5.11 Other Packaging Types

6 Global Compostable Foodservice Packaging Market, By Material Type

• 6.1 Introduction
• 6.2 Plastic
  • 6.2.1 Polylactic Acid (PLA)
  • 6.2.2 Polyhydroxyalkanoates (PHA)
  • 6.2.3 Polybutylene Succinate (PBS)
  • 6.2.4 Polybutylene Adipate Terephthalate (PBAT)
  • 6.2.5 Starch Blends
  • 6.2.6 Other Plastics
• 6.3 Paper & Paperboard
  • 6.3.1 Coated Unbleached
  • 6.3.2 Molded Fiber
  • 6.3.3 Other Grades
  • 6.3.4 Bagasse & Seaweed
• 6.4 Other Material Types

7 Global Compostable Foodservice Packaging Market, By End User

• 7.1 Introduction
• 7.2 Chain Restaurants
• 7.3 Non-Chain Restaurants
• 7.4 Chain Cafe
• 7.5 Non-Chain Cafe
• 7.6 Delivery Catering
• 7.7 Independent Sellers/ Kiosks
• 7.8 Fast-Moving Consumer Goods
• 7.9 Hotels
• 7.10 Retailers
• 7.11 Other End Users

8 Global Compostable Foodservice Packaging Market, By Geography

• 8.1 Introduction
• 8.2 North America
  • 8.2.1 US
  • 8.2.2 Canada
  • 8.2.3 Mexico
• 8.3 Europe
  • 8.3.1 Germany
  • 8.3.2 UK
  • 8.3.3 Italy
  • 8.3.4 France
  • 8.3.5 Spain
  • 8.3.6 Rest of Europe
• 8.4 Asia Pacific
  • 8.4.1 Japan
  • 8.4.2 China
  • 8.4.3 India
  • 8.4.4 Australia
  • 8.4.5 New Zealand
  • 8.4.6 South Korea
  • 8.4.7 Rest of Asia Pacific
• 8.5 South America
  • 8.5.1 Argentina
  • 8.5.2 Brazil
  • 8.5.3 Chile
  • 8.5.4 Rest of South America
• 8.6 Middle East & Africa
  • 8.6.1 Saudi Arabia
  • 8.6.2 UAE
  • 8.6.3 Qatar
  • 8.6.4 South Africa
  • 8.6.5 Rest of Middle East & Africa

9 Key Developments

• 9.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 9.2 Acquisitions & Mergers
• 9.3 New Product Launch
• 9.4 Expansions
• 9.5 Other Key Strategies

10 Company Profiling

• 10.1 Genpak, LLC
• 10.2 Berry Global Group
• 10.3 Smurfit Kappa Group plc
• 10.4 Georgia-Pacific LLC
• 10.5 Eco-Products, Inc.
• 10.6 Cereplast Inc
• 10.7 Stora Enso Oyj
• 10.8 Anchor Packaging Inc.
• 10.9 Mondi Group
• 10.10 Biosphere Industries, LLC
• 10.11 Novolex
• 10.12 Kruger Inc.
• 10.13 WestRock Company
• 10.14 Biogas Americas Inc.
• 10.15 Vegware Ltd.