Paperboard Bowl Market Analysis

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
• Europe
• Middle East & Africa (MEA)
• South Asia
• East Asia
• Oceania