According to the report by Expert Market Research (EMR), the global compostable foodservice packaging market size reached a value of USD 20.10 billion in 2023. Aided by escalating environmental concerns and the increasing demand for sustainable solutions across the foodservice sector, the market is projected to further grow at a CAGR of 6.9% between 2024 and 2032 to reach a value of USD 36.66 billion by 2032.
Compostable foodservice packaging is designed to decompose in industrial composting facilities, returning nutrients to the soil without leaving toxic residue. These products include a variety of items such as plates, bowls, cups, cutlery, and takeaway containers made from renewable resources like corn starch, sugarcane bagasse, and other biodegradable materials.
Increasing consumer and regulatory demand for sustainable practices is driving the adoption of compostable packaging solutions in the foodservice sector. Many regions are implementing strict regulations regarding single-use plastics, which has prompted foodservice providers to switch to compostable alternatives, consequently driving up the compostable foodservice packaging market share.
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Innovations in biodegradable materials are improving the quality and functionality of compostable packaging, making it a viable alternative to traditional plastics. As the global foodservice market expands, so does the demand for eco-friendly packaging solutions to meet consumer expectations and regulatory requirements. Many corporations are adopting sustainable practices, including the use of compostable packaging, to enhance their brand image and comply with environmental standards, leading to compostable foodservice packaging market development.
There is a rising need for compostable foodservice packaging solutions in restaurants and cafés due to the growing awareness of the negative effects of plastic packaging on human health and the environment. Furthermore, the compostable foodservice packaging market is experiencing growth due to the increasing preference for packaging solutions that are safe, long-lasting, and environmentally friendly in food delivery applications. Additionally, major players in the market are offering customisable printing options for these packaging solutions, which is expected to further drive their demand among restaurants, independent stalls, and delivery catering services in the projected timeframe, leading to compostable foodservice packaging market expansion.
North America currently leads the market due to early adoption driven by stringent environmental regulations and high consumer awareness. Europe follows closely, with similar regulatory pressures and a strong focus on reducing landfill waste. The Asia-Pacific region is expected to exhibit the fastest growth during the forecast period. Rapid urbanisation, increasing environmental consciousness, and the expansion of the foodservice sector in countries like China, India, and Japan are major factors contributing to the compostable foodservice packaging market growth.
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Market Segmentation
The market can be divided based on the packaging type, material, end user, and region
Market Breakup by Packaging Type
- Plates
- Trays
- Bowls
- Cups
- Pouches and Sachets
- Others
Market Breakup by Material
- Plastic
- Paper and Paperboard
- Others
Market Breakup by End User
- Restaurants
- Café
- Delivery Catering
- Independent Stalls and Kiosks
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in global compostable foodservice packaging market. Some of the major players explored in the report by Expert Market Research are as follows:
- Georgia-Pacific LLC
- Huhtamäki Oyj
- WestRock Company
- Stora Enso Oyj
- Genpak, LLC
- Novolex
- Anchor Packaging
- Dart Container Corporation
- Clearwater Paper Corporation
- Karat Packaging, Inc
- Others
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