Pizza Box Market to Grow Due to Increased Consumption of Packaged Food

According to a recent report by Transparency Market Research the competitive scene seems to be intensely fragmented in the global pizza box market. Key players are anticipated to center around the packaging solutions to increase market share. In any case, emergence of local firms owing to negligible obstructions is anticipated to heighten the market competition.

Some of the leading key players in the global pizza box market are WestRock Company, International Paper Company, Georgia Pacific LLC, and DS Smith Plc. In the coming years, organizations are probably going to indulge into creating renewable packaging solutions as governments over the globe are stressing on decreasing carbon emission.

The global pizza box market was estimated to be of worth US$2,223.0 mn back in 2016. During forecast periods from 2017 to 2025, the global market is evaluated to project a CAGR of 4.6%.

The 10-15 inch medium size box is dominating the entire pizza box market with share of around half of the global market, however, the pizza slice boxes come out to be the rapidly developing segment. Regionally, Europe and North America nations are estimated to lead the global pizza box market, before 2025, as far as both volume and value are concerned. The North America pizza box market is assessed to surge at a CAGR of 3.6% during the forecast period owing to the expanding consumption of pizza in the region and rise in disposable income.

Changing Lifestyle to Fuel Demand in Global Market

The global pizza box is principally being driven by the changing ways of life that are being managed by consumption of packaged food and fat food. Developing number of individuals for pizzas have been at the specific focus of surging demand for pizza boxes. The market is as well supported by the mushrooming pizza joints all over the world.

The increasing number of independent pizza outlets and pizza-joint chains have additionally stirred the development of the global market. Besides, the accommodation of various packaging sizes has additionally set off a demand for pizza boxes in different sizes. Throughout the years, the size, shape, look, and the aesthetic of a pizza box have secured a vital part in giving the positive direction of the global market.

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Inclination Towards Health Eating to Hamper Market

In any case, the market for pizza boxes faces a couple of hindrances. The developing acknowledgment among purchasers about living and eating healthy food is likely to negatively affect the general market. The especially notable expense of the manufacturing folded pizza boxes is likewise anticipated that would be one of the drawbacks for the entire market. In spite of the limitations, the market will have a plenty of chances as the world will keep seeing more youthful ages slanted towards eating junk food. Emergence of well-known pizza brands in developing nations in the world will likewise bring about increased demand for pizza boxes.

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Pizza Box Market – Large Size Pizza Boxes to Dominate Global Market

Transparency Market Research points out that the vendor landscape in the global pizza box market is highly fragmented. Leading players are expected to focus on export of their packaging solutions to improve market share. However, introduction of local players due to low barriers is projected to intensify the competition in the global market. Some of the key players in the global pizza box market are International Paper Company, WestRock Company, DS Smith Plc., and Georgia Pacific LLC. In the coming years, companies are likely to venture into developing sustainable packaging solutions as governments across the globe are laying emphasis on reducing carbon footprint.

The global pizza box market was worth US$2,223.0 mn in 2016. During the forecast years of 2017 and 2025, the global market is estimated to exhibit a CAGR of 4.6%. According to the report published by Transparency Market Research, the large boxes, which are about 15 inches and more are expected to be the key revenue contributors. Geographically, North America pizza box market is projected to surpass others with a CAGR of 3.3% between 2017 and 2025.

The global pizza box is primarily being driven by the changing lifestyles that are being dictated by consumption of fast food and packaged food items. Growing number of people in favor of pizzas have been at the very center of surging demand for pizza boxes. The market is also driven mushrooming pizza joints by the dozen. The soaring number pizza-selling chains and independent pizza outlets have also augmented the growth of the global market. Furthermore, the convenience of packaging pizza in varying sizes has also triggered a demand for pizza boxes in multiple sizes. Over the years, the shape, size, durability, and the aesthetics of a pizza box have played an integral role in shaping the positive trajectory of the global market.

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The growth of the pizza box market is also attributable to the booming e-commerce industry, unstoppable adoption of smartphones, and excellent logistics services. Convenience of ordering for food from home or office has thus supported the pizza box industry, as well-designed boxes are the only way of making deliveries successful. In the coming years, advancements to improve the quality of pizza boxes are also expected to work in the favor of the global market. Changes to avert seepage of oils through the container in case of prolonged storage are expected to up the demand for pizza boxes. In the past few years, pizza boxes have been a preferred way of storing pizza as they are built with a capability to withstand high temperatures such as 50 to 70 degrees.

Increasing Awareness about Healthy Eating to Restrain Market

However, the market for pizza boxes does face a few constraints. To begin with the growing realization amongst consumers about eating and living healthy is expected to have a negative impact on the overall market. The exceptionally high cost of manufacturing corrugated pizza boxes is also expected to be one of the downsides for the overall market. Despite the restraints, the market will have a plethora of opportunities as the world will continue witnessing younger generations inclined towards eating fast food. Penetration of big pizza brands in developing parts of the world will also result in higher demand for pizza boxes.

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Pizza Box Market – Influential Factors Determining the Trajectory of the Market

 Pizza boxes are food packaging solutions specially designed for containing and carrying freshly baked pizzas for consumption. The global pizza box market is characterized by packaging manufacturers supplying pizza boxes that cater to varying sizes of pizzas supplied by food companies. Shape, size and design of pizza boxes play an important role in the functional aspects of containing, carrying and maintaining the quality of the freshly baked pizzas.

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Pizza box are commonly die cut packaging systems that have standard way of being folded into a box form. The folding of the die cut box determines the stability of the pizza box. The paper based material and design of the pizza box insulates the pizza inside the box from temperature and other environmental elements. Pizza boxes also have a thin coating of aluminum to prevent oils in the pizza to interact with cellulose substance of the packaging. Pizza boxes have to withstand high temperatures and maintain the freshly baked pizza at a temperature of 50 to 70 degree celsius for consumption. Pizza boxes have emerged as an effective packaging solution for the pizza industry delivering value to pizza manufacturers and consumers.

Global Pizza Box Market: Market Segmentation

The global pizza industry has seen growing popularity as pizzas can be customized by several elements and ingredients to suit personal tastes and preferences.  Growing pizza industry and the modern trend of ordering pizzas online has propelled the global pizza box market. The global pizza market was valued over US$ 120 billion in 2016 wherein the consumer demand is expected to exhibit a double digit growth rate globally.  The global pizza box market is expected to experience high growth in the demand for pizza boxes over the forecast period 2017-2027. Food companies operating chain stores of pizzas are expected to generate higher growth in revenues as compared to independent pizzerias. Leading players in the global pizza box market are anticipated to strategically cater to clients operating chain stores with online order fulfilling capabilities. Pizza boxes have proved functionally effective in delivering pizzas ordered online.

The global pizza box market is also expected to witness technological advancements. Pizza box manufacturers are innovating in terms of material capabilities and design technology in order to enhance the effectiveness and value offering of the pizza boxes. Pizza boxes are increasingly made of environmental friendly material and recycled material that save costs for the manufacturers and the industry as a whole.

Square and round shaped pizza boxes have emerged as an industry standard and also enjoy wide consumer acceptance. However, manufacturers are introducing pizza boxes that can provide effective packaging for pizzas over longer duration.

Global Pizza Box Market: Market Segmentation

On the basis of material type the pizza box is segmented into:

• Corrugated Paperboard
  • B Flute
  • E Flute
  • F Flute
• Clay Coated Cardboard

On the basis of box type the market is segmented into

• Whole Pizza Boxes
  • 5-10 inch
  • 10-15 inch
  • 15-20 inch
  • 20 inch & above
• Pizza Slice Boxes

On the basis of print type the global pizza boxes market is segmented into:

• Printed
  • Offset
  • Flexographic
• Non Printed

Pizza Box Market– Region Wise Outlook

On the basis of geographical regions, the global pizza box market is divided into following regions: North America, Eastern Europe, Western Europe, Latin America, and Asia Pacific excluding Japan, Middle East & Africa and Japan.

Pizza Box Market– Key Players

The key players in global pizza box market includes Smurfit Kappa Group, WestRock Company, DS Smith, New Method Packaging, Magnum Packaging, RSG Packagings Private Limited, Freeport Paper Industries Inc., Michigan Box Company, International Paper Company, Golden Box Ltd, Prasanna International, and Avco Industries.

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