FOODSERVICE DISPOSABLES MARKET ANALYSIS

Market Challenges And Opportunities

Foodservice Disposables Market: Growth Drivers

Rising demand of food delivery services using various online platforms

Food delivery services through various online and offline platforms emerged as one of the fast-growing services in the e-commerce space. The presence of different online apps and tools bestowed a new platform for food industry. Availability of cash on delivery option as well as multitude of payment options such as net banking, digital wallets all have increased the consumer attraction.

Rapid exposure of consumers to western lifestyle is aiding the spectacular growth of food delivery segments globally. Adding to this scenario the digital food industries are widely offers a many services such as, on-demand delivery, cloud-kitchen, thin layer, full stack, restaurant and food discovery, concierge, market place, and home cooked food models.

Growing travel and tourism industry increases the usage of disposable items

The travel and tourism industry worldwide has been become a huge social, economic, and cultural activity in both residential and commercial sectors. Travel and tourism promotes and increases the understanding among people and also expands economic, cultural and social cooperation.

The increasing demand of tour and travel industry will also boost the market growth of entire food service disposables as these products are the sophisticated way to carry food without any problem. Most of the travelers prefer to have ready to eat food as they are light and do not cause any inconvenience during the time of long travelling. In residential sectors and during family outings and picnics consumers carry their own homely food but there also they use disposable.

Foodservice Disposables Market: Restraints

Banned the single use plastic products

In the manufacturing of food service disposable mainly single used foam plastic are used which is widely used for the production of food containers, plates, bottles and other products. The foam plastic are mainly made up of polyurethane and polystyrene, which is toxic in nature and can also cause severe health problems through it’s over consumption.

The stringent government regulation regarding the ban of single use plastic products effects the manufacturer on a wider range as the manufacturer has to completely shut down their current plastic machines and business and need to switch to different alternatives foe that huge investment is needed. This will impact the entire FMCG companies, ecommerce and food-delivery firms.