Key vendors to focus on providing customized products
Technavio, a company that develops over 2000 pieces of research every year and covers more than 500 technologies across 80 countries, has announced the top five vendors for the global foodservices disposable market in their latest market research report. This report also lists seven other prominent vendors who are expected to contribute to this market’s growth between 2017-2021.
Competitive vendor landscape
The global foodservices disposable market is competitive in nature with vendors competing on the basis of product design, price, ability to customize, and the biodegradable nature of their products. Vendors in the market space are expected to focus on the expansion of their distribution channels during the forecast period. Additionally, it has been noted that most vendors are also attempting to gain market shares by providing customized solutions to foodservice establishments such as specifically designed containers and plated and printed cups.
According to Manu Gupta, a lead analyst at Technavio for research on food service, “Vendors providing foodservices disposables are slowly moving toward the use of compostable raw materials to manufacture the various foodservices disposable products. Genpak, for instance, provides foodservice disposables such as hinged containers, plates and trays, bowls, and lids, which are completely made from plant fiber, a renewable resource.”
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Top five vendors in the foodservices disposable market space
Anchor Packaging
Anchor Packaging provides rigid containers and all-purpose plastic wrap. The company supplies non-durable food packaging products to its clients. It has more than 25 brands of disposable products. It supplies its products to QSRs, supermarkets, and convenience stores.
Key products: Films, Foils, Clamshells, Containers, Hinges, Lids, Wedges, and Wraps.
Dart Container
Dart Container develops, manufactures, and distributes its foodservices disposable products. The company manufactures cups, plates, lids, containers, and straws. It mainly caters its products to restaurants, hospitals, and schools.
Key products: Containers, Cups, Dinnerware, Lids, Cutleries, and Straws.
Pactiv
Pactiv engages in the manufacture and distribution of foodservice packaging and foodservice products. The company’s end-users comprise of primarily restaurants, supermarkets, and foodservice establishments.
Key products: Bowls, Containers, Cups, Cutleries, Plates, and Trays.
Huhtamaki Group
Huhtamaki Group provides food and beverage packaging and foodservice products to its clients globally. The company operates in foodservices disposable products in Europe, APAC, and North America. It mainly caters to QSRs in these regions.
Key products: Paper hot drink cups and lids, Paper containers and lids, Paper plates and trays, Paper wraps, Molded fiber plates and bowls, Molded fiber containers and trays, Plastic cold drink cups and lids, and Plastic containers and lids.
WinCup
WinCup provides foodservices disposable products that are popular among QSRs, retail, and convenience stores. The company has close to seven manufacturing units and specializes in providing custom-designed printed cups to foodservice establishments.
Key products: Drink cups, Foam food containers and bowls, Straws, and Lids.
Ask an analyst to know more about this report
A more detailed analysis is available in the Technavio report, Global Foodservices Disposable Market 2017-2021. Technavio also customizes reports by other regions and specific segments upon request.
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