The global pizza box market size is expected to grow from $2.24 billion in 2021 to $2.52 billion in 2022 at a compound annual growth rate (CAGR) of 12.2%. The pizza box market is expected to grow to $3.28 billion in 2026 at a CAGR of 6.8%.
What is the Global Pizza Box Market?
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 transport 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 quality.
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What drives the Global Pizza Box Market?
The rising demand for fast foods is expected to fuel the growth of the pizza box market in the forecast period. Fast food consumption is on the rise as a result of convenience, low prices, a variety of menu options, flavor, and taste. Pizza is a popular fast-food item, including national franchises such as Papa John's, Domino's Pizza, Sbarro, and Pizza Hut. There has been an increase in the consumption of fast food worldwide over the years, which in turn has boosted the demand for packaging products such as pizza boxes. For example, according to Fast Food Statistics 2021, fast food consumption grows at a rate of 2.2% per year. With $130.4 billion spent globally in 2019, McDonald s remains the most famous fast-food restaurant. Therefore, the rising demand for fast foods drives the growth of the pizza box market.
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Global Pizza Box Market Segments
The global pizza box market is segmented:
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, Others
By Geography: The regions covered in the pizza box market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Pizza Box Global Market Report 2022 provides market size and growth forecasts for the global pizza box market, global pizza box market share, pizza box market segments and geographies, pizza box market competitive landscape including 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.
Global Pizza Box Industry Players include Smurfit Kappa Group, Georgia-Pacific, New Method Packaging, Pratt Industries Inc., Magnum Packaging, DS Smith, International Paper, Huhtamaki Oyj, Rengo Co. Ltd, BillerudKorsnäs AB, and Rsg Packagings Pvt Ltd. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.
