US Takeout Containers Market Size was valued at USD 38.9 Billion in 2022. The takeout containers industry is projected to grow from USD 40.65 Billion in 2023 to USD 57.809 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 4.50% during the forecast period (2023 - 2032). Major market drivers propelling the expansion of the US takeout container market are the convenience with which food products may be packaged, carried, and transported in these containers, as well as the growing demand for packaged food goods.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
The market for takeout containers is expanding quickly due to increased packaging technology innovation. Demand for takeout containers is rising due to the rapid movement in customer preference toward convenience meals and packaged goods in both developed and emerging nations, including the United States. In the takeout container business, emerging technologies like heat-and-eat meals and fast meal options are also becoming more popular. Convenient single-serve travel packets are becoming increasingly popular among consumers. The takeout container market is in demand due to an increase of working members and discretionary income. Furthermore, with the aim of providing consumers with more convenient packaging options, manufacturers are always innovating and inventing new packaging solutions, such as on-the-go packaging solutions. Manufacturers provide all-in-one breakfast solutions that are portable, complete with a spoon and a single bag of milk powder. The takeaway container market is expanding in the US due to several factors.
Over the next ten years, there will be a notable increase in the number of foodservice and quick-service restaurants as individuals begin to favor eating out rather than cooking at home. It will raise the need for takeout containers even more. Foods that must be delivered to customers are packaged using food packaging materials such as trays, bowls, and cups. Additionally, as the working population continues to increase and eating habits change, there will be a greater desire for restaurant and ready-to-eat foods. Consequently, quick-service, full-service, and catering restaurants are finding greater and greater need for creative packaging. Thus, driving the takeout containers market revenue.
The US Takeout Containers market segmentation, based on type includes Plastic Containers, Paper Containers, and Others. The plastic containers segment dominated the market mostly. The primary reason plastic containers are utilized is that they are more effectively designed to retain and safeguard goods throughout transportation and client delivery than paper containers. Because of this, plastic containers are the most popular ones for takeout.
The US Takeout Containers market segmentation, based on application, includes Fresh Fruits and Vegetables, Fast Food Take-Away, and Others. The fast food take-away category generated the most income. The fast-food industry is expanding as a result of people's increased disposable income. Rapid urbanization and globalization are to attributed for the increase in hotels and restaurants, which is anticipated to support the fast-food segment's expansion throughout the projection period.
Figure 1: US Takeout Containers Market, by Application, 2022 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
The desire for disposable and easy food packaging solutions is driving the strong growth of the takeaway container industry in the United States. Takeaway and delivery services are becoming more and more popular as a result of busy lifestyles and shifting demographics. This therefore calls for a constant supply of robust, leak-proof food containers. The COVID-19 pandemic, which hastened the transition towards food delivery and takeout, busy lifestyles, and the ease of ordering meals online are among other factors driving the rise of the takeout container business in the United States. In addition, new designs and materials that address sustainability issues might hit the market. Changes in waste management and packaging regulations may have an effect on the sector and encourage the use of greener alternatives. The packaging industry's competition to offer affordable, environmentally friendly choices will probably influence the direction that the market takes in the years to come.
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the takeout containers market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, takeout containers industry must offer cost-effective items.
Major players in the takeout containers market are attempting to increase market demand by investing in research and development operations includes Groupe Lacroix, HuhtamäkiOyj, Greenmunch, Faerch A/S, Genpak, Earthpak Canada, CiMa-Pak Corporation, Hubert Company LLC, Amcor plc, Silgan Holdings, Inc., Ardagh Group, Berry Plastics Corp., Plastipak Holdings, Inc., Sonoco Products Company, Graham Packaging Company, Inc., and Weener Plastics.
Groupe Lacroix
HuhtamäkiOyj
Faerch A/S
Genpak
CiMa-Pak Corporation
Hubert Company LLC
Amcor plc
Silgan Holdings, Inc.
Ardagh Group
Berry Plastics Corp.
Plastipak Holdings, Inc.
Sonoco Products Company
Graham Packaging Company, Inc.
Weener Plastics
September 2021: Fabri-Kal, a top producer of food service and consumer brand packaging solutions, was purchased by Pactiv Evergreen Group Holdings Inc.
April 2022: For eco-friendly packaging, Genpak LLC introduced an oval bowl made of harvest fiber. With their transparent, leak-proof, over-cap leads, this product is ideal for grab-and-go and takeout applications.
Plastic Containers
Paper Containers
Others
Fresh Fruits and Vegetables
Fast Food Take-Away
Others
| Report Attribute/Metric | Details |
| Market Size 2022 | USD 38.9 Billion |
| Market Size 2023 | USD 40.65 Billion |
| Market Size 2032 | USD 57.809 Billion |
| Compound Annual Growth Rate (CAGR) | 4.50% (2023-2032) |
| Base Year | 2022 |
| Market Forecast Period | 2023-2032 |
| Historical Data | 2018- 2022 |
| Market Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Type, Application, and Region |
| Countries Covered | US |
| Key Companies Profiled | Groupe Lacroix, HuhtamäkiOyj, Greenmunch, Faerch A/S, Genpak, Earthpak Canada, CiMa-Pak Corporation, Hubert Company LLC, Amcor plc, Silgan Holdings, Inc., Ardagh Group, Berry Plastics Corp., Plastipak Holdings, Inc., Sonoco Products Company, Graham Packaging Company, Inc., and Weener Plastics |
| Key Market Opportunities | Growing expenditures on marketing and labeling takeout cartons as recyclable and environmentally friendly goods |
| Key Market Dynamics | Growing availability of food delivery services and the need for quick meals Desire for quick and easy dinner options due to busy lifestyles |
US Takeout Containers Market Highlights:
Frequently Asked Questions (FAQ) :
The US Takeout Containers market size was valued at USD 38.9 Billion in 2022.
The market is projected to grow at a CAGR of 4.50% during the forecast period, 2023-2032.
The key players in the market are Groupe Lacroix, HuhtamäkiOyj, Greenmunch, Faerch A/S, Genpak, Earthpak Canada, CiMa-Pak Corporation, Hubert Company LLC, Amcor plc, Silgan Holdings, Inc., Ardagh Group, Berry Plastics Corp., Plastipak Holdings, Inc., Sonoco Products Company, Graham Packaging Company, Inc., and Weener Plastics.
The plastic containers category dominated the market in 2022.
The fast food take-away category had the largest share in the market.
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