The usage of disposable meal box can be prominently found in takeout restaurants and food kiosks. They are easy to carry boxes and with the change in the lifestyle have become very popular worldwide. The food remains safe of any leakage and its disposal after consumption is very convenient as well.
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COVID-19 Scenario Analysis:
- COVID-19 hit the manufacturing stage of the disposable meal box industry as the factories were closed worldwide and the scale of production got affected.
- The selling units were also closed and people were quarantined in their homes which hampered the sales in various countries around the world.
- Disposable meal box has gained popularity due to its easy to dispose feature, therefore, the market is expected to grow post COVID-19.
Top Impacting Factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis
The increase in the use of disposable meal box is really helpful in preventing the food borne diseases as they are disposed after one usage, hence these meal boxes lead to reduction in contamination of food and spread of any related diseases. One of the major reasons of increase in the demand for the meal box is that it helps in reducing the operation costs in restaurants, canteens, and food kiosks. Actually, it helps in eliminating the need for dishwashers, extra labors, and support equipment such as carts, dollies, or racks. These disposable meal boxes also help save money as one need not incur the cost of replacing reusable boxes that get damaged, stolen, broken, or accidently discarded.
Nowadays, working hours and living pattern of the individuals have also changed a lot and due to busy lifestyle one prefers to have meal box which is light weight and is easy to carry anywhere.
The global disposable meal box market trends are as follows:
Fast-paced Lifestyle and On-the-Go Meal helping in growth of market
The global market of disposable meal box is experiencing rapid growth due to expansion in quick service restaurants, which nowadays heavily rely on the disposable packaging meal boxes for food service. Other than the cafes and restaurants, the disposable meal box market is expected to experience growth from the cinema, catering, and others, which are in the business of providing on-the-go meals and ready-to-eat food.
The food service industry is growing at a substantial rate worldwide due to high demand, arising from rapid urbanization and fast-paced lifestyles and hence there is an increase in the preference for disposable meal box over other alternatives.
Benefit from growth of Online Foodservice options and Home Delivery platforms.
There is a worldwide change in the consumption pattern of the people in the food & beverage sector. The online food ordering and home delivery platforms are getting quite popular, and which is providing lucrative opportunities to the players of the disposable meal box market. The online food service providers and the platforms offering home delivery of the food also prefer disposable meal box as it is a cheaper alternative and is easy to carry and deliver.
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Key Benefits of the Report:
- This study presents the analytical depiction of the global disposable meal box industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global disposable meal box market share.
- The current market is quantitatively analyzed to highlight the global disposable meal box market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed global disposable meal box market analysis based on competitive intensity and how the competition will take shape in coming years.
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