The global fast food containers market was worth  US$ 47.91 billion  in 2022 and is projected to be worth  US$ 50.45 billion  in 2023. Fast food container sales are expected to climb at a  5.3% CAGR,  attaining US$ 84.56 billion by 2033.

The food service industry is a volatile industry with changing consumer tastes. Over the years, demand for convenient & packed food has been increasing at a robust pace as it can be served as a quick meal, and the time spent in the kitchen is saved.

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Owing to the increased consumption of convenient and packed foods, the need for packaging, which is easy to store and carry and enables immediate consumption, is also growing. Fast food containers serve as secure packaging, are easy to handle, and can help in primary consumption. Products like boxes, clamshells, cans, etc., could be carried easily.

The freshness and nutrition of the products can be preserved for a longer time using food containers. The increasing demand for convenient & disposable packaging may continue to fuel the sales of fast food containers.

E-Commerce Surge Fuels Demand: Fast Food Containers in the Digital Age

Another important aspect driving the growth of the fast food container market is the preservation of food quality. These containers keep food fresh and maintain quality, providing consumers with a dependable storage solution. The advent of the e-commerce sector has significantly impacted the fast-food container industry.

The increase in online food sales, facilitated by e-commerce, stimulates demand for food storage containers, generating considerable prospects for fast food container market growth.

Regional Outlook

According to FMI, India’s fast food containers market is set to expand due to the paper industry’s expansion, eco-friendly packaging demand, and rising fast food consumption. Lower-cost materials like paper and paperboard contribute to India’s thriving food packaging sector.

The United States fast food container industry thrives, fueled by packed food preference, longer shelf life, and rigid packaging trends. Leading chains like Burger King and Starbucks boost United States fast food container sales. Increasing fast food packaging and consumer trends compel market expansion for fast food containers in both countries.

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Key Takeaways 

  • Based on material, the paper & paperboard sector might keep capturing the fast food containers market, accounting for 65% of the market by 2033.
  • Hotels, restaurants, and cafes may continue to be the most profitable end-user market, with a US$ 24.9 billion incremental opportunity for expansion between 2023 and 2033.
  • The Indian market is predicted to boom at a 7.0% CAGR between 2023 and 2033, targeting a valuation of US$ 5.46 billion by 2033.
  • The fast food containers market in the United States is expected to increase at a 5% CAGR between 2023 and 2033, producing an incremental opportunity of US$ 6.41 billion by 2033.

Competitive Landscape

The top fast food container manufacturers are making significant investments in research and development to diversify their product offerings, which may encourage market expansion. Fast food container manufacturers engage in various strategic actions to increase their worldwide reach.

Important market trends include introducing new products, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other companies. The fast food containers industry must provide affordable products to grow and thrive in a more competitive and challenging market environment.

Recent Developments

  • In May 2022, Crown Holdings, Inc. announced plans to boost metal recycling rates in key markets, targeting 70% in the United States and 80% in Europe and the Middle East. Collaborating with Every Can Count, their sustainability efforts aim to benefit the fast food container market’s growth and environmental viability.
  • In January 2022, Smurfit Kappa introduced an innovative, eco-friendly fast food box that safeguards food freshness and aroma, offering a sustainable substitute to single-use plastics, potentially revolutionizing the takeaway food packaging industry.

Key Segments

By Material:

  • Paper & Paperboard
  • Glass
  • Plastic
  • Metal

By Product Type:

  • Boxes
  • Jars
  • Clamshells
  • Bottles
  • Cans
  • Cups & Tubs
  • Trays

By End Users:

  • Hotels, Restaurants & Cafes
  • Retail Food Chains
  • Cinemas
  • Institutional
  • Canteens

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • The Middle East & Africa
  • Oceania

About Future Market Insights Inc. (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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