Global Foodservice Disposables Distribution Systems Market 2021 (Includes Business Impact of COVID-19)

                                          
Report updated on 11th September, 2021: Global Foodservice Disposables Distribution Systems Market 2021 (Includes Business Impact of COVID-19)
Global Foodservice Disposables Distribution Systems Market is projected to witness lucrative CAGR over the next 10 years and is expected to be worth US$ X. X billion in 2028. The report focuses on growth driving and hampering factors, ongoing key trends, future prospects in terms of business expansion in emerging or untapped market, competitive landscape, and crucial sustainability strategies of major companies. The report also includes region-wise and country-wise market insights, revenue shares and revenue growth rates. In order to present the impact of internal and external factors, the report provides PEST analysis, Porters Five Forces analysis, and value chain analysis of the target market. The global market report has been segmented on the basis of product type, distribution channel, application, and region.
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Foodservice Disposables Distribution Systems: Overview


Foodservice disposables are referred to as food containers used for one time and then disposed of or recycled as solid waste. The foodservice disposables distribution systems are majorly adopted by takeaway hotels, hotels and restaurants, supermarkets and hypermarkets, various types of stores, and catering agencies. Bio-resins, plastics, bamboo, and paper are the most common raw materials used for manufacturing these products Market.
Dynamics:

Growth Drivers and Restraints


Increasing demand for fast food across the globe is one of the major factors driving growth of the global foodservice disposables distribution systems market over the forecast period. In addition, increasing technological advancements and development of innovative products are other factors expected to further fuel growth of the global market over the upcoming years. Furthermore, packaging material manufacturers are involved in development of materials alternative to plastic, aluminum, and paper. For instance, Pappco manufactures eco-friendly food packaging products using Bagasse, the fibrous remains after extraction of sugarcane juice to manufacture disposable products. In addition, the company also offers disposable food packaging products made of bamboo and leaves of Areca palm trees. Moreover, hectic work schedules and lack of time to cook meals at homes are resulting in increasing number of takeaway orders and food delivery services. This, in turn, is expected to further support demand and growth of the target market over the 10-year forecast period.

However, increasing government policies imposed for restriction on use of disposable plastic products is expected to restrain growth of the global market to some extent.

In addition, increasing government policies for ban on non-degradable materials for manufacturing disposables and initiatives to promote adoption of environment-friendly products to reduce pollution levels are other factors that could result in high adoption of foodservice disposables manufactured using biodegradable raw materials, which in turn is expected to propel growth of the global market over the next few years.


Market Trends and Opportunities


Ongoing trends observed in the target market are growing trend of dining out, ordering food from restaurants using M-commerce food ordering apps, and increasing preference towards fast-food products, especially among younger population. These trends are expected to gain popularity and traction and drive growth of the global foodservice disposables distribution systems market.

Constant innovations in the food packaging sector is a factor that is expected to create revenue opportunities for players focusing on R&D activities and operating in the target market.

Analysis by Region

The North America market accounted for dominant share in terms of revenue in the global foodservice disposables distribution systems market and is expected to witness substantial growth over the 10-year period. This can be owing to increasing preference for fast food and presence of large number of junk food chains across various countries in the region. The Asia Pacific market is anticipated to grow at a significant growth rate in terms of value over the 10-year forecast period, owing to rising focus of major fast food and traditional cuisine restaurants on store expansion and rising demand for ready-to-eat and on-the-go food across the countries in the APAC. For instance, according to the National Restaurant Association of India in 2016, the restaurant sector in the country is expected to expand at a CAGR of 10% between 2016 and 2021.

Global Foodservice Disposables Distribution Systems Market Segmentation:

Segmentation by Product Type:

  
Tableware Disposables
  
Finger food Disposables
  
Durable Plastic Glasses

Segmentation by Distribution Channel:

  
Wholesale
  
Retail

Segmentation by Application:

  
Restaurants
  
Bars and Pubs
  
Clubs
  
Foodservice Providers and Caterers
  
Others


Key Market Players included in the report:


  
Dispo International NV
  
EFG Foodservice.
  
Essex Flour & Grain Co Ltd.
  
First Pack LLC
  
Go-Pak Group.
  
ITP Imports Ltd.
  
Jumbo Products T/A Mashers
  
Mashers.
  
MBS Wholesale Supplies Ltd.
  
Party & Paper Solutions Ltd.
  
Pattersons UK.
  
Sustainable Disposables Trading BV (SD Trading).


Below are the key development related to Foodservice Disposables Distribution Systems Market in 2020 and 2021.


September 2020: Central Sanitary Supply Joins Individual FoodService. Individual FoodService (“IFS”), a leading distributor of foodservice disposables and janitorial & sanitation (“JanSan”) products, has announced that it has acquired Central Sanitary Supply (“Central”), a leader in the distribution of janitorial, cleaning and facility supplies headquartered in Modesto, California. Terms of the transaction were not disclosed. The acquisition expands IFS’ sales presence and distribution capabilities throughout California and Nevada, and strengthens its JanSan proposition and product reach. Additionally, Central’s clients now have access to IFS’ complete portfolio of foodservice disposables, packaging, and dry and canned goods. Source

September 2020: Atar Capital Acquires Foodservice Packaging Manufacturer WinCup From Funds Managed by BlackRock. Acquisition Marks Atar’s Foray into the Growing Category of Foodservice and Sustainable Packaging Solutions. Atar Capital, a Los Angeles-based global private investment firm, announced it has completed the acquisition of WinCup from funds managed by BlackRock, Inc., a global investment management firm. Headquartered in Georgia, WinCup employs nearly 1,000 people across eight manufacturing facilities that provide nationwide production and distribution of a comprehensive portfolio of traditional and biodegradable foodservice packaging products. The company is first to market with two flagship products, Phade®, an award-winning marine biodegradable, home and industrial compostable straw; and Vio®, the only biodegradable foam-based cups, lids and straws in the US and Canada. WinCup serves an impressive blue-chip client base of distributors, restaurant chains and fast-moving consumer goods (FMCG) retailers that include Fortune 100 businesses with globally recognized brands. Financial terms of the agreement were not disclosed.Source

February 2020: -Individual FoodService (“IFS”), a leading distributor of foodservice disposables and janitorial & sanitation (“JanSan”) products, has announced that it has acquired Cole Supply Company (“Cole”), a leader in the distribution of janitorial, cleaning and facility supplies based in Benicia, California. Terms of the transaction were not disclosed. The acquisition expands IFS’ market presence throughout northern California while immediately strengthening its JanSan business given Cole’s expanded geographic reach, strong customer relationships and broad product and service offering. Additionally, Cole’s clients now have access to IFS’ complete portfolio of foodservice disposables, packaging, dry and canned goods. Source

January 2020: Imperial Dade Expands Texas Presence with Acquisition of Wagner Supply Company. Transaction Represents 26th Acquisition for Leading Distributor of Foodservice Disposables and Janitorial Products. Imperial Dade, a leading distributor of disposable food service and janitorial supplies, announced the acquisition of Wagner Supply Company. The acquisition strengthens Imperial Dade’s Texas presence while enhancing the company’s differentiated value proposition to customers in the region. Source