Paper Lunch Boxes Market size was estimated at $XX billion in 2020 and is expected to reach $XX billion by 2028, growing at a CAGR of XX% during the forecast period of 2021 to 2028.
Paper Lunch Boxes Market
Paper lunch boxes are widely used in restaurants, schools, colleges, offices, household events, and fast food centres as effective packaging solutions. These boxes are one of the best alternatives for plastic lunch boxes, providing features such as eco-friendly, water-proof, and leak-proof. These paper lunch boxes are made of kraft paper and shaped in different dimensions, designs, and holding capacities. The boxes are tear-resistant with loading-bearing power. These meal boxes are available in various compartment types, such as single compartments and multiple compartments, making the boxes more efficient and convenient to carry.
The paper lunch boxes can maintain the temperature of the substances for a longer duration. These meal boxes are customizable according to the end-user preferences and promote branding and advertisements. The materials used for manufacturing the paper lunch boxes are biodegradable, environment friendly, and disposable. All these factors are compelling the growth of the paper lunch boxes market.
Paper Lunch Boxes Market Growth and Trend
The growing demand for packed and processed food is significantly driving the growth of the global paper lunch boxes market. The advantages of the paper lunch boxes have compelled industries to adopt these eco-friendly packaging solutions. In developed and developing countries, paper lunch boxes have replaced plastic lunch boxes owing to the environmental benefits provided by these boxes. These paper lunch boxes protect foods from and keep the food fresh and hygienic. Features like insulation, water-proof, leak-proof, eco-friendly, and customizations have created sustainable growth in the paper lunch boxes market.
The covid19 pandemic adversely affected many countries resulting in the global economic slowdown. Governments of major economies imparted lockdown and travel restrictions in specific geographies. Thereby, people adopted the packed foods and readily available foods. It increased the scope for the paper lunch boxes market as these boxes can keep foods fresh by maintaining the nutrition values, food quality, and temperature for a long time. Hence, the covid19 outbreak has positively influenced the paper lunch boxes market.
Paper Lunch Boxes Market Segmentation
The paper lunch boxes market is segmented by compartment and application. Based on the compartment, the market consists of single compartment and multi-compartment. The compartments are used to separate multiple substances kept inside the paper lunch boxes. Based on application, the market is segmented into restaurants and fast food services, mid-day meals and picnics in schools, corporate events in offices, functions, and parties in households, and others.
Paper Lunch Boxes Market Country Analysis
The Asia Pacific is likely to dominate the overall paper lunch boxes market growth during the forecast time frame. The regional growth can be attributed to the rising economy of developing countries like India, China, and Japan. The rising awareness of food safety and sanitation laws, increasing online food platforms in the covid 19 pandemics has gained the demand for the paper lunch boxes market in regions such as North America, Europe, and the Middle East. Moreover, the massive adoption of packed and processed foods consumption is predicted to witness growth at a higher CAGR.
Paper Lunch Boxes Market Share and Competition
The major players operating in the global paper lunch boxes market are Huhtamaki Oyj, BioPak Pty Ltd., SOLIA AS, Qingdao Vistapak Packaging Co., Ltd., Yongshunhe Paper Industry (Suzhou) Co., Ltd, AR Packaging Holding AB, Asia Pulp & Paper (APP) Sinar Mas., DoECO, Saattvic Ecocare Products LLP, and AS Food Packaging.
Report Highlights
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2021 – 2028)
• Data breakdown for every market segment (2021 – 2028)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy
Industry Segmentation and Revenue Breakdown
Compartment Type Analysis (Revenue, USD Million, 2021 - 2028)
• Single Compartment
• Multi-compartment
Application Analysis (Revenue, USD Million, 2021 - 2028)
• Restaurants and fast-food services
• Schools (Mid-day meals and picnics)
• Offices (Corporate events)
• Households (Functions and parties)
• Others
Region Analysis (Revenue, USD Million, 2021 – 2028)
• North America
o the United States
o Canada
o Mexico
• South America
• Europe
o France
o Germany
o Italy
o Spain
o the United Kingdom
o Austria
• the Asia Pacific
o Russia
o China
o Japan
o India
o the Philippines
o Malaysia
o Australia
o South Korea
• Middle East
o GCC Countries
o South Korea
• South Africa
• Rest of World
Paper Lunch Boxes Market Companies
• Huhtamaki Oyj
• BioPak Pty Ltd.
• SOLIA AS
• Qingdao Vistapak Packaging Co., Ltd.
• Yongshunhe Paper Industry (Suzhou) Co., Ltd
• AR Packaging Holding AB
• Asia Pulp & Paper (APP) Sinar Mas.
• DoECO
• Saattvic Ecocare Products LLP
• AS Food Packaging
Available Versions
• United States Paper Lunch Boxes Industry Research Report
• Europe Paper Lunch Boxes Industry Research Report
• Asia Pacific Paper Lunch Boxes Industry Research Report
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