Increasing demand for on-the-go foods, coupled with proactive consumer lifestyles has driven the demand for effective packaging solutions.
New designs and innovative solutions for on-the-go food packaging are emerging across the globe.
According to Fact.MR’s latest market study, the global market for on-the-go food packaging is forecasted to expand at a value CAGR of 6.3% during the period, 2017-2026.
By the end of this forecast period, the global on-the-go food packaging market is estimated to register sales of over 7,350 thousand tons of on-the-go food packaging products across the globe.
The report further reveals that North America and the Asia-Pacific excluding Japan (APEJ) region are the most lucrative marketplaces for adoption of on-the-go food packaging.
By the end of 2026, North America will emerge as the largest market for on-the-go food packaging, reaching an estimated valuation of US$ 308 Mn.
Consumption of Polyethylene Terephthalate Materials to Remain High through 2026
The report reveals that polyethylene terephthalate will remain a highly-used packaging material in the global on-the-go food packaging market throughout the forecast period.
In 2017, more than 1,600 thousand tons of on-the-go food packaging products sold in the world were made of polyethylene terephthalate.
The report has also observed a growing use of high density polyethylene and aluminum as key on-the-go food packaging materials in the global packaging landscape.
Over the forecast period, on-the-go food packaging products made of aluminum and high density polyethylene will register robust volume CAGRs
Rigid Boxes to Remain Top-sellers for On-the-go Food Packaging
Effective use of rigid containers to carry and serve on-the-go foods has driven their demand in the global on-the-go food packaging landscape.
Over the forecast period, rigid boxes are estimated to register highest volume CAGR of 6.3% in terms of packaging type.
Key findings from the report also reveal that majority of on-the-go food packaging products will be used for convenience food applications.
The application of on-the-go food packaging in convenience foods is estimated to account for approximately 50% of the overall global market volumes during the forecast period.
Through 2026, majority of on-the-go food packaging products will be fabricated through thermoforming techniques.
Leading companies in the global on-the-go food packaging market have been profiled in the report. Companies namely
- Mondi Group
- Amcor Limited
- Bemis Company Inc.
- Sonoco Products Company
- Huhtamäki Oyj
- Smurfit Kappa Group PLC
- Georgia-Pacific LLC
- Sealed Air Corporation
- Constantia Flexibles Group GmbH
- Berry Plastic Group, Inc.
are expected to spearhead the production of on-the-go food packaging products across the globe during the forecast period.
Integrating smart packaging technologies and introducing new packaging designs will be a key characteristic of the global on-the-go food packaging manufacturing landscape in the foreseeable future.
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On-the-go Food Packaging Market Scope Of The Report
Demand for on-the-go food packaging has been witness a significant surge on account of factors such as changing lifestyle of people, where more individuals are preferring on-the-go food.
In addition, rise in the nuclear families, where both partners are working, leaves inadequate time for them to prepare meals, which in turn has driven the adoption of on-the-go food.
This report, compiled by Fact.MR, provides in-depth analysis of the global on-the-go food packaging market for the forecast period 2017-2026, offering key insights on the growth prospects of the market.
The scope of the Fact.MR’s report is to analyze the global on-the-go food packaging market for the forecast period 2017-2026 and offer accurate and unbiased insights to the readers.
On-the-go food packaging manufacturers, suppliers, and stakeholders in the global industry can benefit from the analysis offered in this report.
In-depth analysis regarding the energy saving properties, usage benefits, and long-term maintenance is detailed in this report.
The comprehensive study offers insights on various market drivers, trends, and challenges shaping the future of the market, serving as a platform for future study, interest and understanding for the leading industries, trade magazines and journals related to the global on-the-go food packaging market.
The report introduces the current scenario of the market for on-the-go food packaging. The executive summary section of the report offers information regarding the future scope of the global on-the-go food packaging market.
Brief information on the vital aspects, facts, and statistics on the global on-the-go food packaging market is emphasized in this section.
This section offers an overview of the global on-the-go food packaging market. This section comprises definition of the product – on-the-go food packaging, along with key insights on dynamics playing an important role towards the growth of the market.
The overview also includes market value and year-on-year growth defining the future progress and decline of the global on-the-go food packaging.
Data on the year-on-year growth provides readers with an overall view on expected progress reshaping growth during the forecast period.
In the next section, the report provides insights on major drivers, key trends, and retrains on the basis of demand, supply and macro-economic factors.
The report also talks about an impact analysis of drivers and restraints that helps in decision-making and becoming more efficient.
The report further provides information on various technological advancements in the global on-the-go food packaging market.
Latest information and advancements regarding growth opportunities can prove to be beneficial for the leading manufacturers of on-the-go food packaging.
With advancements in technology, keeping an eye on the latest trends and developments is important for on-the-go food packaging manufacturers to frame key business strategies.
Key insights concerning the list of distributor, supply chain, cost structure, pricing analysis, and raw material sourcing, are also provided in this section of the report.
Considering the broad-scope of the global on-the-go food packaging market, the report offers in-depth insights on the forecast and segment-wise analysis.
The on-the-go food packaging market has been segmented on the basis of fabrication type, application, packaging type, packaging material, and region.
This sections offers segmentation analysis, along with a detailed country-wise forecast on all the parameters.
In the final section, the report offers information on the key competitors, along with a board view of the market players and company analysis.
This competitive intelligence is based on the providers’ categories across the value chain, and their presence in the global on-the-go food packaging market.
Fact.MR is committed to offer unbiased and independent market research solutions to its clients. Each market report of Fact.MR is compiled after months of exhaustive research.
We bank on a mix of tried-and-tested and innovative research methodologies to offer the most comprehensive and accurate information. Our main sources of research include,
- Primary research
- Secondary research
- Trade research
- Focused interviews
- Social media analysis
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Is the market research conducted by Fact.MR?
Yes, the report has been compiled by expert analysts of Fact.MR, through a combination of primary and secondary research. To know more about how the research was conducted, you can speak to a research analyst.
What research methodology is followed by Fact.MR?
Fact.MR follows a methodology that encompasses the demand-side assessment of the market, and triangulates the same through a supply-side analysis. This methodology is based on the use of standard market structure, methods, and definitions.
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