Paperboard Bowl Market Overview
This Paperboard Bowl market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study.
This study is one of the most comprehensive documentation that captures all the facets of the evolving Paperboard Bowl market.
Paperboard Bowl Market: An Overview
Paperboard products are becoming more prevalent for the food packaging owing to its compactable design, microwavable, and biodegradable nature. Manufactured from finest quality raw material, paperboard bowl is an ideal packaging solution for hot and cold food. Paperboard bowl is water & greaseproof, and have excellent mechanical properties which maintain its integrity in a humid, dry, refrigerated environment.
Paperboard bowl can be over up with close-fitting and stress-free removal lid which offers protection from external contamination and make them suitable for serving different food items. Paperboard bowl is considered as possible alternatives to plastic and glass bowls as it provides more benefits such as environmentally friendly, cost-effective, and food-grade quality.
The paperboard bowl is proven to uphold right temperature, have exceptional holdout and insulation which make it preferred packaging format in commercial, institutional, and household use. Overall, the global outlook for paperboard bowl market is expected to remain positive throughout the forecast period.
Paperboard Bowl Market: Dynamics
The evolution of foodservice industry supports the green movement and welcome the products which are eco-friendly and offers efficient packaging solutions. Globally, the expansion of foodservice industry coupled with the growing urban population led to an urgent demand for sustainable and cost-effective products.
Such factors are foreseen to create immense demand for paperboard bowl market during the forecast period. Foodservice operatives offer numerous services such as ‘takeout’ and ‘drive-through’ to satisfy a growing number of on-the-go customers. This is expected to push the growth of the paperboard bowl market during the forecast period.
Consumer preference for ready to eat food is growing, owing to changing lifestyles, increasing disposable income, and speedy urbanization. Such factors are likely to drive demand for paperboard bowl market throughout the forecast period. Also, the growing use of paperboard bowls for household application are probable to push the growth of paperboard bowl market.
Paperboard bowls manufacturers are focusing on product development, which addresses the consumers and food manufacturers’ pain point for increased shelf life and more personalization. Such factors are likely to diversify its usage and expected to drive paperboard bowl market in coming years. Overall, the global paperboard bowl market is projected to expand with remarkable CAGR during the forecast period.
Paperboard Bowl Market: Regional Outlook
Europe is expected to be a significant shareholder of global paperboard bowl market and projected to witness fast growth rate during the forecast period. The continuous expansion of the foodservice industry and consumer preference for eco-friendly products are likely to boost the demand for paperboard bowls market in coming years.
In Europe, Germany is expected to remain at the forefront regarding the market share of paperboard bowl throughout the forecast period. East Asia is expected to create enormous growth opportunity for paperboard bowl market and likely to expand with the notable growth rate in coming years.
The remarkable growth of end-use industries and a vast consumer base are key factors driving the paperboard bowl market. China is expected to be highly attractive regarding market share & growth rate of paperboard bowl market in the next decade.
Paperboard Bowl Market: Key Players
Some of the key players operating in the global paperboard bowl market includes, DoECO Packaging, Huhtamaki Group, WestRock Company, Sabert Corporation, among others.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments.
The report also maps the qualitative impact of various market factors on market segments and geographies.
Regional Analysis Includes
- North America
- Latin America
- Middle East & Africa (MEA)
- South Asia
- East Asia
Paperboard Bowl Market: Segmentation
On the basis of capacity, the paperboard bowl market is segmented into:
- Less than 8 Oz
- 8 Oz to 12 Oz
- 13 Oz to 16 Oz
- More than 16 Oz
On the basis of sales channel, the paperboard bowl market is segmented into:
- Convenience Stores
- Specialty Stores
- Discount Stores & Warehouse/Wholesale Clubs
On the basis of end use, the paperboard bowl market is segmented into:
- Commercial Use
- Hotels & Cafes
- Full Service Restaurants
- Quick Service Restaurants
- Venues & Catering
- Mobile Food Vendors
- Bakery & Patisserie
- Institutional Use
- Schools & Colleges
- Airports & Railways
- Household Use