Food Service Packaging Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)

Food Service Packaging Market is segmented By Material Type (Plastic, Paper & Paperboard, Metal, Others), By Packaging Type (Flexible Packaging, Rigid....

Food Service Packaging Market Size

Market Size in USD

CAGR5.5%

Study Period2024 - 2031
Base Year of Estimation2023
CAGR5.5%
Market ConcentrationHigh
Major PlayersPactiv Evergreen Inc., Dart Container Corporation, Huhtamaki Oyj, Amcor PLC, Genpak LLC
*Disclaimer: Major players are listed in no particular order.
*Source: Coherent Market Insights
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Food Service Packaging Market Analysis

The food service packaging market is estimated to be valued at USD 90.2 Bn in 2024 and is expected to reach USD 131.2 Bn by 2031, growing at a compound annual growth rate (CAGR) of 5.5% from 2024 to 2031. The food service packaging market is expected to witness significant growth over the next few years. There is a rising demand for sustainable and eco-friendly packaging materials to curb plastic wastage.