Market Overview:
The global compartment take-out container market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for convenience foods and the rising trend of online retailing. In terms of type, the foam material segment is expected to lead the global compartment take-out container market during the forecast period, followed by plastic and sugarcane material segments. The foam material segment is projected to grow at a CAGR of 6.0% during 2018-2030 due to its properties such as lightweight and insulation which make it suitable for packaging food items that need temperature control.
Product Definition:
A compartment take-out container is a type of food container that is divided into several compartments. This type of container is often used to store and transport multiple items at once. The compartments help to keep the items separate and organized, which can make it easier to eat or use them later on.
Foam Material:
Foam material is a type of packaging material which is made up of high density polyethylene (HDPE) or expanded polystyrene (EPS). Foam materials are lightweight, durable and versatile. They can be used for packing any kind of food products such as meat, fish & poultry; dry fruits; fresh vegetables; liquid products like sauces & liquids as well as many more.
Plastic Material:
Plastic material is a durable, versatile, lightweight substance that can be molded into various shapes. It is produced in a variety of grades ranging from ultra-high molecular weight polymers to low molecular weight polymers. The most commonly used types of plastic materials include High-Density Polyethylene (HDPE), Low-Density Polyethylene (LDPE), Linear Alkyl Benzene (LABS), and Polypropylene (PP).
Application Insights:
The market is segmented by application into supermarket and hypermarket, online retail and e-commerce, convenience stores, others. The other segment includes food & beverage stores as well as departmental stores. Compartment take-out containers are majorly used in supermarkets and hypermarkets due to the large number of customers who frequent these places for buying food products. However, a significant increase in the use of compartment takeout containers at convenience store locations is expected to drive growth over the forecast period. This can be attributed to growing consumer preference for purchasing packaged foods such as microwaveable meals from convenient store chains such as 7/11 or 24 Hour Fitness Store which have started their operations across various regions globally including North America and Europe Pacific region.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing consumer spending on food and grocery products in emerging economies such as China, India, Indonesia, Vietnam and Thailand. Furthermore, rising disposable income coupled with population expansion has resulted in increased demand for packaged foods which will drive the growth further.
North America accounted for over 25% of the overall revenue share in 2017 due to high demand from end-use industries such as supermarkets/hypermarkets and online retail/e-commerce companies located within U.S., Canada and Mexico region that cater primarily towards consumers’ needs for convenient food storage solutions at home or office along with their kitchen equipment requirements including compartments takeout containers that are microwaveable or dishwasher safe options among others.
Growth Factors:
- Increasing demand for convenience foods: The growing demand for convenience foods is one of the key growth drivers for the compartment take-out container market. Convenience foods are those that can be easily prepared and consumed, without any major preparation time or effort. This has led to an increase in the popularity of compartmentalized food containers as they enable easy separation and serving of different food items.
- Rising disposable income levels: Another key growth driver for the compartment take-out container market is rising disposable income levels across regions worldwide. This has resulted in an increase in consumer spending on convenient food items, which is benefiting the overall compartmentalized food container market.
- Growing trend of home dining: A third factor driving growth in this market is the growing trend of home dining among consumers globally, especially millennials who are increasingly preferring to eat at home rather than go out to restaurants or cafes. This provides a major opportunity for players operating in this space as it leads to increased demand for their products and services from consumers looking to enjoy a meal at home with ease and convenience.
Scope Of The Report
Report Attributes
Report Details
Report Title
Compartment Take-out Container Market Research Report
By Type
Foam Material, Plastic Material, Sugarcane Material, Other
By Application
Supermarket / Hypermarket, Online retail / E-commerce, Convenience Stores
By Companies
Genpak, Dart Container, Biopac India Corporation, Landaal Packaging Systems, Harwal Group of Companies, Great Northern Corporation, Megafoam Containers Enterprise, Republic Plastics, Styrotech, Packaging Resources, Beltec, Citi Pak, Reach Plastic Industrial, Di Xiang Trading, Bestern Industry and Trade, Luheng Papers Company, Jeafer Foodservice Solutions, Industrial (Shenzhen), ZBR Packaging Materials
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
213
Number of Tables & Figures
150
Customization Available
Yes, the report can be customized as per your need.
Global Compartment Take-out Container Market Report Segments:
The global Compartment Take-out Container market is segmented on the basis of:
Types
Foam Material, Plastic Material, Sugarcane Material, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Supermarket / Hypermarket, Online retail / E-commerce, Convenience Stores
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Genpak
- Dart Container
- Biopac India Corporation
- Landaal Packaging Systems
- Harwal Group of Companies
- Great Northern Corporation
- Megafoam Containers Enterprise
- Republic Plastics
- Styrotech
- Packaging Resources
- Beltec
- Citi Pak
- Reach Plastic Industrial
- Di Xiang Trading
- Bestern Industry and Trade
- Luheng Papers Company
- Jeafer Foodservice Solutions
- Industrial (Shenzhen)
- ZBR Packaging Materials
Highlights of The Compartment Take-out Container Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Foam Material
- Plastic Material
- Sugarcane Material
- Other
- By Application:
- Supermarket / Hypermarket
- Online retail / E-commerce
- Convenience Stores
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Compartment Take-out Container Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A compartment take-out container is a disposable container that is designed to be used for carrying food from a restaurant or other eatery. The containers are typically made of plastic and have compartments that are divided into individual sections.
Some of the major companies in the compartment take-out container market are Genpak, Dart Container, Biopac India Corporation, Landaal Packaging Systems, Harwal Group of Companies, Great Northern Corporation, Megafoam Containers Enterprise, Republic Plastics, Styrotech, Packaging Resources, Beltec, Citi Pak, Reach Plastic Industrial, Di Xiang Trading, Bestern Industry and Trade, Luheng Papers Company, Jeafer Foodservice Solutions, Industrial (Shenzhen), ZBR Packaging Materials.
The compartment take-out container market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Compartment Take-out Container Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Compartment Take-out Container Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Compartment Take-out Container Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Compartment Take-out Container Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Compartment Take-out Container Market Size & Forecast, 2018-2028
4.5.1 Compartment Take-out Container Market Size and Y-o-Y Growth
4.5.2 Compartment Take-out Container Market Absolute $ Opportunity
Chapter 5 Global Compartment Take-out Container Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Compartment Take-out Container Market Size Forecast by Type
5.2.1 Foam Material
5.2.2 Plastic Material
5.2.3 Sugarcane Material
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Compartment Take-out Container Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Compartment Take-out Container Market Size Forecast by Applications
6.2.1 Supermarket / Hypermarket
6.2.2 Online retail / E-commerce
6.2.3 Convenience Stores
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Compartment Take-out Container Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Compartment Take-out Container Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Compartment Take-out Container Analysis and Forecast
9.1 Introduction
9.2 North America Compartment Take-out Container Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Compartment Take-out Container Market Size Forecast by Type
9.6.1 Foam Material
9.6.2 Plastic Material
9.6.3 Sugarcane Material
9.6.4 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Compartment Take-out Container Market Size Forecast by Applications
9.10.1 Supermarket / Hypermarket
9.10.2 Online retail / E-commerce
9.10.3 Convenience Stores
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Compartment Take-out Container Analysis and Forecast
10.1 Introduction
10.2 Europe Compartment Take-out Container Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Compartment Take-out Container Market Size Forecast by Type
10.6.1 Foam Material
10.6.2 Plastic Material
10.6.3 Sugarcane Material
10.6.4 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Compartment Take-out Container Market Size Forecast by Applications
10.10.1 Supermarket / Hypermarket
10.10.2 Online retail / E-commerce
10.10.3 Convenience Stores
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Compartment Take-out Container Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Compartment Take-out Container Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Compartment Take-out Container Market Size Forecast by Type
11.6.1 Foam Material
11.6.2 Plastic Material
11.6.3 Sugarcane Material
11.6.4 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Compartment Take-out Container Market Size Forecast by Applications
11.10.1 Supermarket / Hypermarket
11.10.2 Online retail / E-commerce
11.10.3 Convenience Stores
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Compartment Take-out Container Analysis and Forecast
12.1 Introduction
12.2 Latin America Compartment Take-out Container Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Compartment Take-out Container Market Size Forecast by Type
12.6.1 Foam Material
12.6.2 Plastic Material
12.6.3 Sugarcane Material
12.6.4 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Compartment Take-out Container Market Size Forecast by Applications
12.10.1 Supermarket / Hypermarket
12.10.2 Online retail / E-commerce
12.10.3 Convenience Stores
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Compartment Take-out Container Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Compartment Take-out Container Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Compartment Take-out Container Market Size Forecast by Type
13.6.1 Foam Material
13.6.2 Plastic Material
13.6.3 Sugarcane Material
13.6.4 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Compartment Take-out Container Market Size Forecast by Applications
13.10.1 Supermarket / Hypermarket
13.10.2 Online retail / E-commerce
13.10.3 Convenience Stores
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Compartment Take-out Container Market: Competitive Dashboard
14.2 Global Compartment Take-out Container Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Genpak
14.3.2 Dart Container
14.3.3 Biopac India Corporation
14.3.4 Landaal Packaging Systems
14.3.5 Harwal Group of Companies
14.3.6 Great Northern Corporation
14.3.7 Megafoam Containers Enterprise
14.3.8 Republic Plastics
14.3.9 Styrotech
14.3.10 Packaging Resources
14.3.11 Beltec
14.3.12 Citi Pak
14.3.13 Reach Plastic Industrial
14.3.14 Di Xiang Trading
14.3.15 Bestern Industry and Trade
14.3.16 Luheng Papers Company
14.3.17 Jeafer Foodservice Solutions
14.3.18 Industrial (Shenzhen)
14.3.19 ZBR Packaging Materials
