Foodservice Disposables Market to Reach $16.52 Billion by 2015
U.S. foodservice disposables market will reach $16.52 billion by 2015, according to new report by Global Industry Analysts, Inc.
-- Chain Leader, 6/24/2009 8:37:00 AM
PRESS RELEASE: San Jose, CA (PRWEB) June 23, 2009 -- Foodservice Disposables market, driven by increasing away-from-home expenditure, and dual-income families with reduced time for making elaborate home cooked meals, finds immense applications in restaurants, institutions, and retail stores among others. Increase in the number of workingwomen and changing trends in ethnicity have also led to greater indulgence in foodservice disposables. Like every other industry, the foodservice disposables market is also feeling the pinch of global recession, as the consumer expenditure on these products is directly linked to level of disposable income. However, with these products being the non-durable goods and further with constant decline in raw material prices the affect of global recession is gauged to be minimal, particularly for food and disposable food packaging products.
Cups and Lids constitutes the largest product segment in the US market for foodservice disposables. Encouraged by numerous advancements in terms of shapes and motifs, the disposable cups and lids have come a long way from initial paper or plastic cups to compostable or recyclable/recycled cups. Cups and Lids are also expected to witness the fastest growth over the analysis period 2006-2015. Other product segments in the market include containers, dinnerware, napkins, and others.
Foodservice Disposables: A US Market Report
Restaurants represents the largest end-use market for foodservice disposables in the US. Demand for food service disposables in retail stores is expected to witness the fastest growth during 2006-2015. Other significant markets include institutions, including airlines, hospitals, military, besides sports and recreation.
These and other market data and trends are presented in "Foodservice Disposables: A US Market Report" announced by Global Industry Analysts, Inc. This GIA report discusses the prevailing trends, recent developments, product profile, players, competition, demand forecasts, mergers, acquisitions, and other strategic industry activities. The foodservice disposables market is analyzed in US$ million for the US market by following product segments - Cups and Lids, Containers, Dinnerware, Napkins and Others; and End-Use Markets - Restaurants, Retail Stores, Institutions, and Others. Analytics for the period 2006-2015 provide a comprehensive understanding of the market.
Leading players covered in the report include Ace-Tex Plastic Sdn Bhd, Airlite Plastics Co., Alcan Inc., Ball Corporation, Berry Plastics Catering Products, C&M Fine Pack, Inc., Cascades Inc., Chuo Kagaku Co., Ltd., Dart Container Corp., Dopaco, Inc., Douglas Stephen Plastics, Inc., Duni AB, Fabri-Kal Corp., Georgia-Pacific Corp., Huhtamäki Oyj, Inline Plastics Corp., Jim Pattison Group, Letica Corporation, M/s. Plus Paper Foodpac Limited, Mcnairn Packaging, Meadwestvaco Corporation, Menasha Corporation, Novelis Inc., Packaging Dynamics Corp., Pactiv Corporation, Rock-Tenn Co., Solo Cup Company, Southern Champion Tray, Svenska Cellulosa Aktiebolaget, Tekni-Plex, Inc., Union Packaging, LLC, Waddington North America Inc., Wincup, Inc.
For more details about this comprehensive market research report, please visit - http://www.strategyr.com/Food_Service_Disposables_Market_Report.asp
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 800 people worldwide and publishes more than 1100 full-scale research reports each year. Additionally, the company also offers thousands of smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.
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