Foodservice Disposables Market, By Application (Restaurants, Retail and Vending Machines, Institution, Lodging and Hospitality, Sports and Other Recreational), By Region (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)

Published In : May 2023

Code : CMI3507

Pages :120

Formats :

Excel and PDF

Industry : Packaging

Market News

Foodservice Disposables Market: Recent Developments

In January 2021, Amcor, a leading global developer and manufacturer of responsible packaging solutions, launched a new platform for paper-based packaging: AmFiberTM. AmFiber's innovations aim to redefine the characteristics of traditional paper packaging and offer a wider range of features and functional benefits to meet the changing needs of consumers.
In October 2021 Placon, North America's leading thermoformer of durable plastic packaging, is expanding its manufacturing capacity and workforce with the acquisition of a former Sonoco packaging facility in Wilson, North Carolina, U.S. The agreement will help meet existing production capacity needs in the retail and medical markets and further expand Placon's leadership in thermoforming of sustainable recycled PET packaging.
On March 23, 2022, in order to increase production and provide better customer service, Mondi, a leader in packaging and paper, invested US$ 303.32 million in corrugated packaging operations across four countries. This comprises around US$ 200.41 million across its network of corrugated solutions plants in eastern and central Europe and US$ 102.91 million at the containerboard mill owned by Mondi Wiecie in Poland.
In September 2021, food service disposable market is the increasing demand for convenience and portability. Consumers are increasingly looking for food packaging that is easy to transport and use on-the-go, which has led to the development of new types of disposable containers and packaging formats.