The foodservice disposables market will witness a positive impact during the forecast period owing to the widespread growth of the COVID-19 pandemic. As per Technavio's pandemic-focused market research, market growth is likely to increase in 2021 as compared to 2020.
With the continuing spread of the novel coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through response, recovery, and renewal phases. Building business resilience and enabling agility will aid organizations to move forward in their journey out of the COVID-19 crisis towards the Next Normal.
This post-pandemic business planning research will aid clients to:
- Adjust their strategic planning to move ahead once business stability kicks in.
- Build Resilience by making effective resource and investment choices for individual business units, products, and service lines.
- Conceptualize scenario-based planning to mitigate future crisis situations.
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Key Considerations for Market Forecast:
- Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
- Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
- Pre- as well as post-COVID-19 market estimates
- Quarterly impact analysis and updates on market estimates
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Major Three Foodservice Disposables Market Participants:
Amcor Plc: The company offers bulk, foodservice, and institutional packaging solutions.
Anchor Packaging Inc.: The company offers rigid food containers and all purpose foodservice cling film.
Berry Global Group Inc.: The company offers cups, food and other products.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE! Get report snapshot here to get detailed market share analysis of market participants during COVID-19 lockdown:
https://www.technavio.com/report/foodservices-disposable-market-industry-analysis
Foodservice Disposables Market 2021-2025: Segmentation
Foodservice disposables market is segmented as below:
- Material
- Plastic
- Paper
- Aluminum
- Others
- Geography
- North America
- Europe
- APAC
- South America
- MEA
The foodservice disposables market is driven by the growth of food delivery and takeaway markets. In addition, the focus of vendors on compliance with industry standards are expected to trigger the foodservice disposables market toward witnessing a CAGR of over 6% during the forecast period.
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Market Drivers
Market Challenges
Market Trends
Vendor Landscape
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
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