Study estimates that the global demand for on-the-go food packaging will soar

A new Fact.MR report shows that the US and Canada are collectively the largest marketplace for on-the-go food packaging,

Fact.MR’s latest forecast study, “On-the-go Food Packaging Market Forecast, Trend Analysis & Competition Tracking - Global Review 2017 to 2026,” estimates that the global demand for on-the-go food packaging will soar from 2017-2026. And by the end of 2026, the global on-the-go food packaging market is expected to be worth more than $1 billion.

The report includes seven key insights, including:

Packaging materials: Polyethylene terephthalate is expected to dominate the global on-the-go food packaging market.
Packaging trays: In 2017, more than 500,000 tons of on-the-go food packaging trays were sold in the global market, and the report estimates a robust demand for trays as the key type of on-the-go food packaging.
Convenience food applications: By the end of the forecast period, over 3,800,000 tons of on-the-go food packaging products will be used for convenience food applications worldwide.
Thermoforming fabrication: In 2018 and beyond, the majority of on-the-go food packaging products will be developed with thermoforming fabrication.
North American market: The report shows that the US and Canada are collectively the largest marketplace for on-the-go food packaging.
Asian-Pacific market: The report also reveals that the Asia-Pacific excluding Japan (APEJ) region will be the key region for manufacturing on-the-go food packaging products.
Key stakeholders: The key stakeholders of the global on-the-go food packaging market include: Amcor Limited, Mondi Group, Sonoco Products Company, Bemis Company Inc., Smurfit Kappa Group PLC, Huhtamäki Oyj, Sealed Air Corporation, Georgia-Pacific LLC, Berry Plastic Group, Inc. and Constantia Flexibles Group GmbH.

For more information, visit Fact.MR, https://www.factmr.com/

Crystal Lindell has more than 10 years of journalism experience, and worked primarily at daily newspapers before joining BNP Media 2010. Before joining Food Engineering as the Managing Editor, she was the managing editor of a sister publication, Candy Industry Magazine, where she learned first-hand the joys of eating chocolate for breakfast. Lindell holds a master’s degree in public affairs reporting from the University of Illinois – Springfield and a bachelor’s degree in political science from Western Illinois University.

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