Global Online Food Delivery Packaging Market to Reach US$ 9.6 Billion by 2032, Impelled by Advent of Online Delivery Models

August 23, 2022 | Packaging

According to the latest report by IMARC Group, titled "Online Food Delivery Packaging Market Report by Product Type (Containers, Plates, Bowls, Cups, and Others), Material (Plastic, Paper and Paperboard, Aluminum, and Others), and Region 2024-2032," the global online food delivery packaging market reached a value of US$ 4.5 Billion in 2023. Online food delivery packaging involves enclosing the online-ordered food items in order to protect them from contamination or tampering while preserving the quality. It is considered to be an important element that helps in building a loyal customer base and a desirable brand perception. Additionally, it plays a vital role in portion control, guaranteeing food safety and preventing food decay by physical, chemical, or biological sources. Due to rapid urbanization and digitization, along with the growing adoption of smartphones among individuals, there has been a considerable rise in the demand for online food delivery packaging solutions across the globe.

Global Online Food Delivery Packaging Market Trends:

The global market is primarily driven by significant growth in the food and beverage industry. Along with this, the proliferation of quick service restaurants (QSRs) and the advent of online delivery models are creating a positive market outlook. This is supported by the changing dietary patterns, the shifting preference for on-the-go food consumption, inflating disposable income levels of the masses and the hectic schedule led by the working population, especially young adults. In line with this, the increasing penetration of the Internet of Things (IoT) has positively impacted online food delivery services, thereby catalyzing the market demand. Moreover, numerous leading players are heavily investing in the launching of eco-friendly food packaging solutions due to an enhanced focus on sustainable development among individuals, which is impacting the market growth favorably. Furthermore, the development of aggressive marketing strategies, celebrity endorsements and innovative packaging solutions are acting as other growth-inducing factors. On account of the aforementioned factors, the market is anticipated to reach a value of US$ 9.6 Billion by 2032, growing at a CAGR of 8.5% during 2024-2032.

Market Summary:

  • On the basis of product type, the market has been bifurcated into containers, plates, bowls, cups and others.
  • Based on the material, the market has been segmented into plastic [polyethylene terephthalate (PET), poly lactic acid (PLA), polypropylene (PP), polystyrene (PS)], paper and paperboard, aluminum and others.
  • On the basis of the region, the market has been divided into Asia Pacific, North America, Europe and rest of the world.
  • The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market. Some of these players include Dart Container Corporation, Koch Industries, Inc., Pactiv LLC, D&W Fine Pack, LLC, Gold Plast SPA, Anchor Packaging Inc., Huhtamäki Oyj, Berry Global Group, Inc., Graphic Packaging Holding Company, Novolex, Be Green Packaging, and Genpak, LLC.

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Segment Coverage Product Type, Material, Region
Region Covered  Asia Pacific, Europe, North America, Rest of the World
Companies Covered Dart Container Corporation, Koch Industries, Inc., Pactiv LLC, D&W Fine Pack, LLC, Gold Plast SPA, Anchor Packaging Inc., Huhtamäki Oyj, Berry Global Group, Inc., Graphic Packaging Holding Company, Novolex, Be Green Packaging, and Genpak, LLC
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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Global Online Food Delivery Packaging Market to Reach US$ 9.6 Billion by 2032, Impelled by Advent of Online Delivery Models
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