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South & Central America Compostable Foodservice Packaging Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Product (Trays, Cups and Plates, Cutlery, Clamshell, Bowls, Pouches and Sachets, and Others) and Material (Paper and Paperboard, Compostable Plastic {Bio-Plastic}, and Others)

April 2023 | 93 pages | ID: S0020255D1AFEN
The Insight Partners

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The South & Central America compostable foodservice packaging market is expected to grow from US$ 393.83 million in 2022 to US$ 474.65 million by 2028. It is estimated to grow at a CAGR of 3.2% from 2022 to 2028.

Advancement and Development in the Packaging Industry Drive South & Central America Compostable Foodservice Packaging Market

Packaging food materials ensure smooth logistics, also provides adequate product protection, and significantly influences consumer purchasing behaviour. Packaging, therefore, fulfils many different functions, plus it also meets an endless diversity of customer requirements. The recent increase in incomes in developed countries has led to a rise in living standards that includes significantly higher consumption of packaged, and convenient foods. As a result, food safety guidelines have been more stringent than ever. Since packaging first became a “vital” on the internet of most searched things, its role in the customer journey has extended far beyond the shelf. This has had a transformative effect in several ways, including smart, and sustainable packaging, which helps cut down food waste in global supply chains. Technology is also improving the packaging industry. Advancements in plastic and paper chemistry now allow recycling to be more comfortable and more convenient than ever. Hence, major manufacturers are extensively taking strategic initiatives in order to fulfil the consumers needs and demands, and to protect environment. Thus, advancement and development in the packaging industry by the key players have boosted the South & Central America compostable foodservice packaging market in the forecast period.

South & Central America Compostable Foodservice Packaging Market Overview

The South & Central America compostable foodservice packaging market is segmented into Brazil, Argentina, and the rest of South & Central America. South & Central America is experiencing a boom in the foodservice industry, and become a significant part of consumer spending. The growing working population in the region demands convenient food options and reduced home cooking due to their hectic schedules. Hence, working professionals prefer the ongoing trend of 'on-the-go' and 'pre-packed food'. As this trend increases, the compostable foodservice packaging industry is expected to play a crucial role in ensuring food safety and convenience for consumers. The compostable foodservice packaging and labeling methods allow customers to educate better, and right holding temperature. Paper cups, and plates are widely accepted in food service packaging due to their essential properties such as ease of use, safety, and spill-free. Additionally, compostable packaging meets the criteria of 'cost-effectiveness'. Moreover, the rising trend of 'takeaways' during the COVID-19 pandemic restrictions has induced the need for sustainable and disposable packaging solutions for food products. These factors are significantly driving the South & Central America compostable foodservice packaging market across South & Central America.

South & Central America compostable foodservice packaging market Revenue and Forecast to 2028 (US$ Million)

South & Central America compostable foodservice packaging market Segmentation

The South & Central America compostable foodservice packaging market is segmented into product material, and country.

Based on product, the South & Central America compostable foodservice packaging market is segmented into trays, cups and plates, cutlery, clamshell, bowls, pouches and sachets, and others. In 2022, the cups and plates segment registered a largest share in the South & Central America compostable foodservice packaging market.

Based on material, the South & Central America compostable foodservice packaging market is segmented into paper and paperboard, compostable plastic {bio-plastic}, and others. In 2022, the compostable plastic segment registered a largest share in the South & Central America compostable foodservice packaging market.

Based on country, the South & Central America compostable foodservice packaging market is segmented into Brazil, Argentina, and the Rest of South & Central America. In 2022, Brazil segment registered a largest share in the South & Central America compostable foodservice packaging market.

Anchor Packaging Pty Ltd; BioBag Americas Inc; Dart Container Corp; Graphic Packaging Holding Co; and WestRock Co are the leading companies operating in the South & Central America compostable foodservice packaging market.
1. INTRODUCTION

1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 South & Central America Compostable Foodservice Packaging Market, by Product Type
1.3.2 South & Central America Compostable Foodservice Packaging Market, by Material
1.3.3 South & Central America Compostable Foodservice Packaging Market, by Country

2. KEY TAKEAWAYS


3. RESEARCH METHODOLOGY

3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis Formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:

4. SOUTH & CENTRAL AMERICA COMPOSTABLE FOODSERVICE PACKAGING MARKET LANDSCAPE

4.1 Market Overview
4.2 South & Central America PEST Analysis
4.3 Expert Opinion

5. SOUTH & CENTRAL AMERICA COMPOSTABLE FOODSERVICE PACKAGING MARKET – KEY MARKET DYNAMICS

5.1 Market Drivers
5.1.1 Growing Demand for Foodservice Industry
5.1.2 Advancement and Development in The Packaging Industry
5.2 Market Restraints
5.2.1 High Price of Compostable Materials for Packaging
5.3 Market Opportunities
5.3.1 Focus on Sustainable Packaging Aims to Creates Opportunities
5.4 Future Trends
5.4.1 Rising Consumer Demand for Pre-Packed Food
5.5 Impact Analysis of Drivers and Restraints

6. COMPOSTABLE FOODSERVICE PACKAGING – SOUTH & CENTRAL AMERICA MARKET ANALYSIS

6.1 South & Central America Compostable Foodservice Packaging Market –Volume and Forecast to 2028 (Kilo Tons)
6.2 South & Central America Compostable Foodservice Packaging Market –Revenue and Forecast to 2028 (US$ Million)

7. SOUTH & CENTRAL AMERICA COMPOSTABLE FOODSERVICE PACKAGING MARKET ANALYSIS – BY PRODUCT TYPE

7.1 Overview
7.2 South & Central America Compostable Foodservice Packaging Market, By Product Type (2021 and 2028)
7.3 Trays
7.3.1 Overview
7.3.2 Trays: South & Central America Compostable Foodservice Packaging Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Cups and Plates
7.4.1 Overview
7.4.2 Cups and Plates: South & Central America Compostable Foodservice Packaging Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Cutlery
7.5.1 Overview
7.5.2 Cutlery: South & Central America Compostable Foodservice Packaging Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Clamshell
7.6.1 Overview
7.6.2 Clamshell: South & Central America Compostable Foodservice Packaging Market – Revenue and Forecast to 2028 (US$ Million)
7.7 Bowls
7.7.1 Overview
7.7.2 Bowls: South & Central America Compostable Foodservice Packaging Market – Revenue and Forecast to 2028 (US$ Million)
7.8 Pouches and Sachets
7.8.1 Overview
7.8.2 Pouches and Sachets: South & Central America Compostable Foodservice Packaging Market – Revenue and Forecast to 2028 (US$ Million)
7.9 Others
7.9.1 Overview
7.9.2 Others: South & Central America Compostable Foodservice Packaging Market – Revenue and Forecast to 2028 (US$ Million)

8. SOUTH & CENTRAL AMERICA COMPOSTABLE FOODSERVICE PACKAGING MARKET ANALYSIS – MATERIAL

8.1 Overview
8.2 South & Central America Compostable Foodservice Packaging Market, By Material (2021 and 2028)
8.3 Paper and Paperboard
8.3.1 Overview
8.3.2 Paper and Paperboard: South & Central America Compostable Foodservice Packaging Market – Revenue and Forecast to 2028 (US$ Million)
8.3.3 Paper and Paperboard: South & Central America Compostable Foodservice Packaging Market – Volume and Forecast to 2028 (Kilo Tons)
8.4 Compostable Plastic (Bio-Plastic)
8.4.1 Overview
8.4.2 Compostable Plastic (Bio-Plastic): South & Central America Compostable Foodservice Packaging Market – Revenue and Forecast to 2028 (US$ Million)
8.4.3 Compostable Plastic (Bio-Plastic): South & Central America Compostable Foodservice Packaging Market – Volume and Forecast to 2028 (Kilo Tons)
8.5 Others
8.5.1 Overview
8.5.2 Others: South & Central America Compostable Foodservice Packaging Market – Revenue and Forecast to 2028 (US$ Million)
8.5.3 Others: South & Central America Compostable Foodservice Packaging Market – Volume and Forecast to 2028 (Kilo Tons)

9. SOUTH & CENTRAL AMERICA COMPOSTABLE FOODSERVICE PACKAGING MARKET – COUNTRY ANALYSIS

9.1 Overview
9.1.1 South & Central America: Compostable Foodservice Packaging Market, by Key Country
9.1.1.1 Brazil: Compostable Foodservice Packaging Market –Revenue and Forecast to 2028 (US$ Million)
9.1.1.2 Brazil: Compostable Foodservice Packaging Market –Volume and Forecast to 2028 (Kilo Tons)
9.1.1.2.1 Brazil: Compostable Foodservice Packaging Market, by Product Type
9.1.1.2.2 Brazil: Compostable Foodservice Packaging Market, by Material
9.1.1.2.3 Brazil: Compostable Foodservice Packaging Market, by Material
9.1.1.3 Argentina: Compostable Foodservice Packaging Market –Revenue and Forecast to 2028 (US$ Million)
9.1.1.4 Argentina: Compostable Foodservice Packaging Market –Volume and Forecast to 2028 (Kilo Tons)
9.1.1.4.1 Argentina: Compostable Foodservice Packaging Market, by Product Type
9.1.1.4.2 Argentina: Compostable Foodservice Packaging Market, by Material
9.1.1.4.3 Argentina: Compostable Foodservice Packaging Market, by Material
9.1.1.5 Rest of South & Central America: Compostable Foodservice Packaging Market –Revenue and Forecast to 2028 (US$ Million)
9.1.1.6 Rest of South & Central America: Compostable Foodservice Packaging Market –Volume and Forecast to 2028 (Kilo Tons)
9.1.1.6.1 Rest of South & Central America: Compostable Foodservice Packaging Market, by Product Type
9.1.1.6.2 Rest of South & Central America: Compostable Foodservice Packaging Market, by Material
9.1.1.6.3 Rest of South & Central America: Compostable Foodservice Packaging Market, by Material

10. INDUSTRY LANDSCAPE

10.1 Overview
10.2 New Product Development
10.3 Merger and Acquisition

11. COMPANY PROFILES

11.1 Dart Container Corp
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Graphic Packaging Holding Co
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 WestRock Co
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Anchor Packaging Pty Ltd
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 BioBag Americas Inc
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments

12. APPENDIX

12.1 About The Insight Partners
12.2 Glossary of Terms
LIST OF TABLES

Table 1. South & Central America Compostable Foodservice Packaging Market –Volume and Forecast to 2028 (Kilo Tons)
Table 2. South & Central America Compostable Foodservice Packaging Market –Revenue and Forecast to 2028 (US$ Million)
Table 3. Brazil Compostable Foodservice Packaging Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 4. Brazil Compostable Foodservice Packaging Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 5. Brazil Compostable Foodservice Packaging Market, by Material – Volume and Forecast to 2028 (Kilo Tons)
Table 6. Argentina Compostable Foodservice Packaging Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 7. Argentina Compostable Foodservice Packaging Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 8. Argentina Compostable Foodservice Packaging Market, by Material – Volume and Forecast to 2028 (Kilo Tons)
Table 9. Rest of South & Central America Compostable Foodservice Packaging Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 10. Rest of South & Central America Compostable Foodservice Packaging Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 11. Rest of South & Central America Compostable Foodservice Packaging Market, by Material – Volume and Forecast to 2028 (Kilo Tons)
Table 12. Glossary of Terms, South & Central America Compostable Foodservice Packaging Market

LIST OF FIGURES

Figure 1. South & Central America Compostable Foodservice Packaging Market Segmentation
Figure 2. South & Central America Compostable Foodservice Packaging Market Segmentation – By Country
Figure 3. South & Central America Compostable Foodservice Packaging Market Overview
Figure 4. South & Central America Compostable Foodservice Packaging Market, By Product Type
Figure 5. South & Central America Compostable Foodservice Packaging Market, by Country
Figure 6. South & Central America: PEST Analysis
Figure 7. Expert Opinion
Figure 8. South & Central America Compostable Food Service Packaging Market: Impact Analysis of Drivers and Restraints
Figure 9. South & Central America Compostable Foodservice Packaging Market – Volume and Forecast to 2028 (Kilo Tons)
Figure 10. South & Central America Compostable Foodservice Packaging Market – Revenue and Forecast to 2028 (US$ Million)
Figure 11. South & Central America Compostable Foodservice Packaging Market Revenue Share, By Product Type (2021 and 2028)
Figure 12. Trays: South & Central America Compostable Foodservice Packaging Market – Revenue and Forecast To 2028 (US$ Million)
Figure 13. Cups and Plates: South & Central America Compostable Foodservice Packaging Market – Revenue and Forecast To 2028 (US$ Million)
Figure 14. Cutlery: South & Central America Compostable Foodservice Packaging Market – Revenue and Forecast To 2028 (US$ Million)
Figure 15. Clamshell: South & Central America Compostable Foodservice Packaging Market – Revenue and Forecast To 2028 (US$ Million)
Figure 16. Bowls: South & Central America Compostable Foodservice Packaging Market – Revenue and Forecast To 2028 (US$ Million)
Figure 17. Pouches and Sachets: South & Central America Compostable Foodservice Packaging Market – Revenue and Forecast To 2028 (US$ Million)
Figure 18. Others: South & Central America Compostable Foodservice Packaging Market – Revenue and Forecast To 2028 (US$ Million)
Figure 19. South & Central America Compostable Foodservice Packaging Market Revenue Share, By Material (2021 and 2028)
Figure 20. Paper and Paperboard: South & Central America Compostable Foodservice Packaging Market – Revenue and Forecast To 2028 (US$ Million)
Figure 21. Paper and Paperboard: South & Central America Compostable Foodservice Packaging Market – Volume and Forecast To 2028 (Kilo Tons)
Figure 22. Compostable Plastic (Bio-Plastic): South & Central America Compostable Foodservice Packaging Market – Revenue and Forecast To 2028 (US$ Million)
Figure 23. Compostable Plastic (Bio-Plastic): South & Central America Compostable Foodservice Packaging Market – Volume and Forecast To 2028 (Kilo Tons)
Figure 24. Others: South & Central America Compostable Foodservice Packaging Market – Revenue and Forecast To 2028 (US$ Million)
Figure 25. Others: South & Central America Compostable Foodservice Packaging Market – Volume and Forecast To 2028 (Kilo Tons)
Figure 26. South & Central America: Compostable Foodservice Packaging Market, by Key Country - Revenue (2021) (US$ Million)
Figure 27. South & Central America: Compostable Foodservice Packaging Market Revenue Share, by Key Country (2021 and 2028)
Figure 28. Brazil: Compostable Foodservice Packaging Market –Revenue and Forecast to 2028 (US$ Million)
Figure 29. Brazil: Compostable Foodservice Packaging Market –Volume and Forecast to 2028 (Kilo Tons)
Figure 30. Argentina: Compostable Foodservice Packaging Market –Revenue and Forecast to 2028 (US$ Million)
Figure 31. Argentina: Compostable Foodservice Packaging Market –Volume and Forecast to 2028 (Kilo Tons)
Figure 32. Rest of South & Central America: Compostable Foodservice Packaging Market –Revenue and Forecast to 2028 (US$ Million)
Figure 33. Rest of South & Central America: Compostable Foodservice Packaging Market –Volume and Forecast to 2028 (Kilo Tons)


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