Luton, Bedfordshire, United Kingdom, March 24, 2025 (GLOBE NEWSWIRE) — The global Service Packaging market is projected to reach a market value of approximately $500 billion in 2024. With increasing demand across various sectors, particularly in food and beverage, healthcare, and e-commerce, the market is anticipated to expand at a robust CAGR of 4.8% from 2025 to 2034, potentially achieving a valuation of around $780 billion by 2034
Food service encompasses a wide range of establishments, from fine-dining restaurants to small food trucks. The demand for convenience and enhanced customer experience in quick-service restaurants is a key driver of growth in food service packaging. Convenience stores are also adapting to fast-paced retail environments by offering high-quality, environmentally friendly packaging solutions. Leading global manufacturers are increasingly committed to sustainable food packaging, using materials that minimize food and packaging waste to help conserve natural resources.
A significant trend in the ready-to-eat food industry is the growing consumer preference for natural, healthier options. As a result, manufacturers are being compelled to develop products that align with evolving consumer demands for clean labels, organic ingredients, and plant-based alternatives. This shift reflects two key perspectives: first, a growing willingness among consumers to adopt plant-based diets or reduce meat consumption, leading to increased demand for vegan-friendly meals. Second, this trend is expected to continue expanding globally as more consumers prioritize health-conscious and sustainable food choices.
Some of the prominent market shareholders encompass Sappi, Graphic Packaging, International Paper, IntegriCo Composites, Huhtamaki, Sealed Air, Sonoco Products, Pregis, Amcor, Berry Global, Smurfit Kappa, Mondi, WestRock, Dunn Paper, DS Smith.
This report is also available in the following languages : Japanese (サービスパッケージ市場), Korean (서비스 패키징 시장), Chinese (服务包装市场), French (Marché de l’emballage de services), German (Markt für Serviceverpackungen), and Italian (Mercato degli imballaggi di servizio), etc.
Click Here to Get Sample Copy: https://exactitudeconsultancy.com/reports/46891/service-packaging-market#request-a-sample
Market Segments
By Material Type:
Plastic: PET, PP, HDPE, LDPE, etc. (widely used but facing sustainability challenges)
Paper & Paperboard: Kraft paper, corrugated board, carton board (preferred for eco-friendly solutions)
Metal: Aluminium, tin (used for cans and containers)
Glass: Bottles and jars (common for premium and reusable packaging)
Biodegradable & Compostable Materials: PLA, bagasse, molded fibre, etc.
By Packaging Type:
Rigid Packaging: Trays, containers, cartons, clamshells
Flexible Packaging: Pouches, wraps, sachets, films
Corrugated Packaging: Boxes, mailers, carriers
Barrier Packaging: Vacuum-sealed, MAP (Modified Atmosphere Packaging)
By Application:
Food & Beverages: Ready-to-eat meals, snacks, dairy, beverages
Personal Care & Cosmetics: Skincare, toiletries, beauty products
Healthcare & Pharmaceuticals: Medical supplies, drug packaging
Household Products: Cleaning agents, detergents, disposables
By End-User Industry:
Food Service & Delivery: Restaurants, quick-service restaurants (QSR), cloud kitchens, food trucks
Retail & E-commerce: Grocery stores, supermarkets, online food delivery platforms
Healthcare & Hospitality: Hospitals, hotels, catering services
Food service Market by Region, 2024-2031, (USD Million, Thousand Units)
North America
Europe
Asia Pacific
South America
Middle East and Africa
The competitive landscape of the Service Packaging Market is marked by continuous evolution driven by shifting consumer demands, sustainability trends, and technological advancements. Companies operating in this sector are consistently innovating to develop packaging solutions that not only safeguard products but also enhance the customer experience and align with environmental regulations. The market comprises a diverse mix of established industry leaders and emerging startups, all striving to gain market share through unique product offerings and strategic partnerships. As sustainability becomes a key factor in consumer decision-making, competitive insights highlight a growing focus on biodegradable materials, reusable packaging systems, and carbon footprint reduction—differentiating forward-thinking companies in this dynamic industry.
Sappi has secured a strong market position through its commitment to sustainable packaging solutions and a diverse portfolio of high-quality paper products. Leveraging advanced technology, the company delivers innovative packaging solutions across various industries, including food and consumer goods. Sappi’s strengths lie in its dedication to sustainable forestry practices and its efficient sourcing of renewable materials, resonating with environmentally conscious consumers and businesses. With a strong emphasis on research and development, Sappi continues to enhance its offerings, maintaining a competitive advantage by adapting to evolving market demands and regulatory standards.
Graphic Packaging has distinguished itself within the Service Packaging Market by providing a wide range of innovative and sustainable packaging solutions tailored to specific client needs. Recognized for its operational efficiency and commitment to environmental responsibility, the company has built a reputation for delivering value through recyclable and biodegradable packaging products. Its competitive edge stems from extensive manufacturing capabilities and advanced design services, enabling it to serve various sectors, including beverages, food, and household products. By prioritizing sustainability and continuous improvement, Graphic Packaging remains agile in responding to market shifts and consumer preferences, ensuring its ongoing relevance in the evolving packaging industry.
Click Here to Get Sample Copy: https://exactitudeconsultancy.com/reports/46891/service-packaging-market#request-a-sample
Influence of the Food service market report:
-Comprehensive assessment of all opportunities and risks in the Food service Market.
– Food service Market recent innovations and major events
-A detailed study of business strategies for the growth of the Food service market-leading players.
-Conclusive study about the growth plot of Food service market for forthcoming years.
-In-depth understanding of Food service market-particular drivers, constraints, and major micro markets.
-Favourable impression inside vital technological and market latest trends striking the Food service market.
The developments in Global Ball Screw Market
March 2024 – IMEX Vision (IMEX) introduced Adama, a range of paper cups that are completely sustainable for hot and cold beverages typically found in quick-serve and takeaway sectors. The cups are made using APP Group’s (APP) Foopak Bio Natura base paper. In addition, they do not contain PFAS, can be easily recycled at curb-side, and meet composting standards.
February 2024 – AptarGroup, Inc., a leader in active material science food safety solutions, has obtained the North American license to manufacture and distribute the Halo pack Tray system. This innovative packaging solution aims to improve sustainability for a wide range of food applications, including fresh, frozen, reheat able, grab-and-go, and oven-able products.
April 2023 – Hinojosa Packaging Group introduced its primary packaging line Foodservice, which is paper-based and recyclable— specifically crafted for hot and cold beverages and 4th and 5th range prepared foods. In unveiling the new product line, Hinojosa declared a bold step in its pledge to minimize single-use plastics by catering to the foodservice industry. This sector ranks high among those who seek eco-friendly materials due to large consumption rates driven by their operational activities.
Click Here to Get Sample Copy: https://exactitudeconsultancy.com/reports/46891/service-packaging-market#request-a-sample
What are the market factors that are explained in the report?
-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
-Analytical Tools: The Global Food Service Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyse the growth of the key players operating in the market.
The research includes historic data from 2020 to 2024 and forecasts until 2031 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.
Finally, the Food service Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principal locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. The Food service industry report additionally presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.
More Reports: –
Food Packaging Market
The global Food Packaging Market is anticipated to reach a value of approximately $500 billion in 2024, driven by increasing consumer demand for convenience foods and sustainable packaging solutions. The market is projected to grow at a compound annual growth rate (CAGR) of around 6% from 2025 to 2034, potentially reaching $900 billion by the end of the forecast period.
https://exactitudeconsultancy.com/reports/47018/food-packaging-market
Sterilized Packaging Market
The global Sterilized Packaging Market is valued at approximately $43 billion in 2024, with projections indicating substantial growth, reaching around $70 billion by 2034. This reflects a robust Compound Annual Growth Rate (CAGR) of 5.1% during the forecast period from 2025 to 2034.
https://exactitudeconsultancy.com/reports/47096/sterilized-packaging-market
Packaging Foams Market
The global Packaging Foams market is valued at approximately $61 billion in 2024 and is projected to reach around $88 billion by 2034, reflecting a Compound Annual Growth Rate (CAGR) of 3.6% during the forecast period from 2025 to 2034.
https://exactitudeconsultancy.com/reports/47106/packaging-foams-Market
Baby Food Packaging Market
Baby Food Packaging Market is valued at approximately $12 billion, reflecting a growing demand driven by increasing health consciousness among parents and the rise of organic and convenience food options for infants. The market is projected to reach around $18 billion by 2034, with a Compound Annual Growth Rate (CAGR) of about 4.5% during the forecast period from 2025 to 2034.
https://exactitudeconsultancy.com/reports/46890/baby-food-packaging-market
Bubble Wrap Packaging Market
The Bubble Wrap Packaging Market is projected to reach approximately $4.8 billion in value by 2024, driven by rising demand in e-commerce, pharmaceuticals, and consumer goods sectors. The growth trajectory is expected to accelerate, with an estimated market value of $7.3 billion by 2034, reflecting the increasing need for protective packaging solutions. This represents a Compound Annual Growth Rate (CAGR) of around 4.5% from 2025 to 2034.
https://exactitudeconsultancy.com/reports/46901/bubble-wrap-packaging-market
Retail E-Commerce Packaging Market
The global Retail E-Commerce Packaging Market is valued at approximately $50 billion in 2024 and is projected to reach around $85 billion by 2034, reflecting a robust Compound Annual Growth Rate (CAGR) of 5.6% during the forecast period (2025–2034).
https://exactitudeconsultancy.com/reports/46990/retail-e-commerce-packaging-market
Meat, Poultry & Seafood Packaging Market
The global Meat, Poultry, And Seafood Packaging Market is valued at approximately $25 billion in 2024. With rising health consciousness, convenience demand, and growing e-commerce in food retailing, the market is projected to reach about $38 billion by 2034, exhibiting a Compound Annual Growth Rate (CAGR) of roughly 4.5% during the forecast period of 2025–2034.
https://exactitudeconsultancy.com/reports/47098/meat-poultry-seafood-packaging-market
Modified Atmospheric Packaging Market
The global Modified Atmospheric Packaging (MAP) market is projected to reach a value of approximately USD 5.1 billion in 2024, with expectations to grow significantly, reaching around USD 8.9 billion by 2034. This growth trajectory indicates a Compound Annual Growth Rate (CAGR) of about 5.7% during the forecast period from 2025 to 2034.
https://exactitudeconsultancy.com/reports/47103/modified-atmospheric-packaging-Market
Triangle Tea Bag Packaging Machinery Market
The Triangle Tea Bag Packaging Machinery market is valued at approximately $200 million in 2024, with projections estimating growth to around $380 million by 2034. This growth reflects a robust Compound Annual Growth Rate (CAGR) of about 6.5% over the forecast period of 2025–2034.
https://exactitudeconsultancy.com/reports/47290/triangle-tea-bag-packaging-machinery-market
Supplements and Nutrition & House Hold Packaging Market
The global market for supplements and nutrition, along with household packaging, is poised for dynamic growth, currently valued at approximately $200 billion in 2024. This sector is projected to reach around $350 billion by 2034, reflecting a robust compound annual growth rate (CAGR) of 5.5% during the forecast period from 2025 to 2034.
Polypropylene Corrugated Packaging market
The polypropylene corrugated packaging market is valued at approximately $7.1 billion in 2024, driven by increasing demand for lightweight, durable, and recyclable packaging solutions across diverse industries. Projections indicate a robust growth trajectory, with an expected market value of around $11.5 billion by 2034. This suggests a Compound Annual Growth Rate (CAGR) of approximately 5.1% from 2025 to 2034.
https://exactitudeconsultancy.com/reports/48173/polypropylene-corrugated-packaging-market
Temperature Controlled Packaging Solutions Market
The global temperature-controlled packaging solutions market is valued at approximately $25 billion in 2024, driven by a growing demand for safe and efficient transportation of temperature-sensitive products across the pharmaceuticals, food, and biotechnology sectors. The market is projected to reach around $45 billion by 2034, suggesting a robust growth trajectory.
https://exactitudeconsultancy.com/reports/48218/temperature-controlled-packaging-solutions-market
Pharma Contract Manufacturing CMO and Contract Packaging CPO Market
The global pharmaceutical contract manufacturing (CMO) and contract packaging (CPO) market is projected to reach a value of approximately $160 billion in 2024. The market is expected to experience significant growth, with a forecasted value of $240 billion by 2034, reflecting a robust compound annual growth rate (CAGR) of around 4.3% during the period from 2025 to 2034.
Rigid Packaging Market
Rigid Packaging market is expected to witness robust growth, with a projected value of around $750 billion by 2034. This translates to a Compound Annual Growth Rate (CAGR) of 4.5% during the forecast period from 2025 to 2034.
https://exactitudeconsultancy.com/reports/46892/rigid-packaging-market
Hot Drinks Packaging Market
The global Hot Drinks Packaging Market is valued at approximately $16 billion in 2024, driven by increasing consumer demand for convenience and premium products. The market is projected to reach around $25 billion by 2034, reflecting a robust Compound Annual Growth Rate (CAGR) of 5.0% over the forecast period of 2025–2034.
https://exactitudeconsultancy.com/reports/46908/hot-drinks-packaging-market
Ampoules Packaging Market
The global Ampoules Packaging Market is valued at approximately $3.8 billion in 2024, with an anticipated growth trajectory leading to an estimated market size of around $6.2 billion by 2034. This represents a robust compound annual growth rate (CAGR) of about 5.0% during the forecast period from 2025 to 2034.
https://exactitudeconsultancy.com/reports/47100/ampoules-packaging-market
Flexible Lid Stock Packaging Market
The Flexible Lid Stock Packaging market is valued at approximately $3.2 billion in 2024, driven by the rising demand for convenience and sustainability in packaging solutions. With a projected compound annual growth rate (CAGR) of 6.5%, the market is expected to reach around $5.6 billion by 2034.
https://exactitudeconsultancy.com/reports/47105/flexible-lid-stock-packaging-Market
Anti-rust Packaging Market
The global anti-rust packaging market is projected to reach a value of approximately $5.5 billion in 2024, driven by increased demand across industries such as automotive, electronics, and manufacturing. The market is forecasted to expand at a Compound Annual Growth Rate (CAGR) of 6.2% from 2025 to 2034.
https://exactitudeconsultancy.com/reports/48040/anti-rust-packaging-market
China Medical Packaging and Supplies Market
The China medical packaging and supplies market is projected to be valued at approximately USD 20 billion in 2024, with a robust growth trajectory anticipated through 2034. The market is expected to reach around USD 35 billion by the end of the forecast period, demonstrating a compound annual growth rate (CAGR) of 6.1%.
https://exactitudeconsultancy.com/reports/48127/china-medical-packaging-and-supplies-market
To know more,
https://www.marketintelligencedata.com/
https://www.marketinsightsreports.com/
Contact Data Irfan Tamboli (Head of Sales) Phone: + 1704 266 3234 Email: sales@exactitudeconsultancy.com
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
