Among Folding Carton Applications, Foodservice Is Forecast to See the Fastest Gains Through 2026

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Jul 26, 2022, 18:35 ET

CLEVELAND, July 26, 2022 /PRNewswire/ -- The foodservice and carryout market for folding cartons is expected to expand much more quickly than average through 2026, finds a new Freedonia Group analysis. The importance of takeout and delivery - including online orders, which surged during the COVID-19 pandemic – will be a key driver of growth.

While consumer interest in sustainability is boosting use of paper folding cartons (which are seen as recyclable and biodegradable) in place of single-use plastics, sealable plastic packaging continues to provide strong competition for some foodservice items, as consumers are most concerned that their food arrives intact and plastic containers have higher leak resistance than cartons.

US Folding Carton Market to Approach $13 Billion in 2026

Demand for folding cartons is expected to grow 1.8% per year through 2026 to $12.8 billion. Food and beverage applications will remain the largest outlet, boosted by growth in food production and increasing spending at big-box retail stores and wholesale warehouses, which commonly use these types of cartons to package larger or bulk amounts of food and beverage products. However, declining consumption of carbonated soft drinks and breakfast cereals, commonly packaged in folding cartons, will limit stronger gains.

The foodservice market will grow at an above average rate, supported by the continuing recovery in the foodservice sector and the continued popularity of takeout and delivery services following a surge in demand during the COVID-19 pandemic.

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Folding Cartons provides historical (2011, 2016, and 2021) data and forecasts to 2026 and 2031 are presented in current dollars and tons by market.

Markets:

food and beverages:

beverages
frozen foods
bakery products
meat, poultry, and seafood, including meat alternatives
candy and confections
dairy products
other foods (e.g., breakfast cereal, savory snacks, sauces and condiments, fats and oils, infant foods, sweeteners, dry soups, spices and seasonings)

nondurable (nonfood) goods

pharmaceuticals
chemical products
cosmetics and toiletries
paper and publishing
other nondurable goods, including textiles and apparel, petroleum products, tape, and office supplies

durable goods

fabricated metal products
toys and sporting goods
machinery and equipment
silverware and jewelry
music, entertainment, and software
motor vehicle parts
glass and ceramic products
instruments and all other durable goods

foodservice and carryout
moving, storage, and other nonmanufacturing markets

About the Freedonia Group - The Freedonia Group, a division of MarketResearch.com, is the premier international industrial research company, providing our clients with product analyses, market forecasts, industry trends, and market share information. From one-person consulting firms to global conglomerates, our analysts provide companies with unbiased, reliable industry market research and analysis to help them make important business decisions. With over 100 studies published annually, we support over 90% of the industrial Fortune 500 companies. Find off-the-shelf studies at https://www.freedoniagroup.com/ or contact us for custom research: +1 440.842.2400.

Press Contact:
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SOURCE The Freedonia Group