Global Pizza Box Market Report 2021 - Opportunities And Strategies, Market Forecast And Trends
2 Aug, 2021
The pizza box market consists of sales of pizza boxes by entities (organizations, sole traders, and partnerships) that manufacture pizza boxes. A pizza box is a box used to deliver pizzas. Pizza boxes are made of corrugated cardboard, which is made up of three layers of paper liners soldered together. This content is blended, written, and then sent through a die machine, which cuts out vents and wrinkles before folding it into a pizza box. The major aim of a pizza box is to keep the pizza warm while maintaining the food quality.
Global Pizza Box Market Size And Drivers:
The global pizza box market is expected to grow from $2.15 billion in 2020 to $2.24 billion in 2021 at a compound annual growth rate (CAGR) of 4.1%. The growth in the pizza box market is mainly due to increasing demand for fast-food. The market is expected to reach $3.14 billion in 2025 at a CAGR of 8.8%. The rising demand for fast foods is expected to fuel the growth of the pizza box market in the forecast period.
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Trends In The Global Pizza Box Market
The introduction of new packaging designs with a safety locking mechanism is shaping the pizza box market. Major players operating in the pizza box sector are focused on introducing new packaging designs to ensure the health and safety of the customers. For example, in April 2020, Pizza Pizza, a Canada-based pizza quick-service restaurant, introduced the Tamper Proof Pizza Box, which includes a safety locking mechanism that the customer must break to access the pizza inside. The box is built to keep the pizza fresh until it is delivered to the customer. The company has begun shipping with the new packaging, and by the end of the month, all 420 restaurants across the country will have boxes available in all sizes.
Global Pizza Box Market Segments:
The global pizza box market is further segmented based on box type, material type, print type, sales channel, application and geography.
By Box Type: Whole Pizza Boxes, Pizza Slice Boxes
By Material Type: Corrugated Paperboard, Clay Coated Cardboard
By Print Type: Printed Boxes, Non-Printed Boxes
By Sales Channel: Online, Offline
By Application: Restaurant, Commissary, Supermarket, Other
By Geography: The global pizza box market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America and Europe are the largest regions in the pizza box market in 2020.
Read More On The Report For The Global Pizza Box Market At:https://www.thebusinessresearchcompany.com/report/pizza-box--global-market-report
Pizza Box Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides pizza box market overviews, analyzes and forecasts market size and growth for the global pizza box market, pizza box market share, pizza box market players, pizza box market segments and geographies, pizza box market’s leading competitors’ revenues, profiles and market shares. The pizza box market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.