Market Overview:
The global lunchbox market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for healthy and convenient food options. In addition, the growing awareness about the benefits of using a lunchbox is also contributing to the growth of this market. The global lunchbox market can be segmented on the basis of type, application, and region. On the basis of type, stainless steel lunchboxes are expected to dominate the market duringthe forecast period owingto their durabilityand portability.
Product Definition:
A lunchbox is a container that is used to store food for consumption during the morning or afternoon. It usually has compartments for holding different items, such as a sandwich, fruit, and a drink. The importance of using a lunchbox is that it allows people to have access to food throughout the day without having to go out and purchase it from a restaurant or store.
Stainless Steel:
Stainless steel is a widely used material in the food packaging industry. It has superior properties such as high corrosion resistance, excellent thermal and electrical conductivity, and strong magnetic permeability. These features make it an ideal material for use in manufacturing lunchboxes.
Lunchbox market volume was estimated at over 1 billion units in 2015.
Plastic:
Plastic is a non-degradable material and will not decompose for thousands of years. It has many uses in the market but the major use is to make lunchboxes. The global plastic market size was valued at USD 472 billion in 2015 and it is expected to grow at an estimated CAGR of XX% from 2016 to 2025. The increasing demand for convenience foods such as ready-to-eat meals, frozen foods, snacks, etc.
Application Insights:
The office workers segment accounted for the largest share of more than 50% in 2017. The growing working population and rapid urbanization have led to a significant increase in the number of office workers across the globe. According to a study published by McKinsey Global Institute, it is estimated that by 2030, nearly 60% of jobs will be performed via digital technologies such as artificial intelligence (AI) and robots. This factor is expected to drive lunchbox demand among office-goers significantly over the forecast period.
The students application segment was valued at USD 2.97 billion in 2017 owing to increasing school enrollment rates and rising spending on education globally since 2000s according to data published by UNESCO Institute for Education). Moreover, increasing student enrollments are further anticipated to boost market growth over the forecast period due largely without doubt from developing countries like India China Indonesia etc where cost of living is comparatively lower than developed countries like U.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising disposable income, changing lifestyle, and increasing popularity of fast food among consumers. China accounts for a major share in terms of production as well as consumption owing to growing demand from various application segments including students, corporate office workers, and other consumers.
The plastic lunchbox segment is also gaining traction due to its advantages such as lightweight nature that enables easy portability between work places thereby boosting employee efficiency. Moreover, it helps reduce carbon footprint by reducing wastage caused during transportation process thus making it an eco-friendly alternative for stainless steel counterparts across countries globally including U.S., U.K., Germany France etc.
Growth Factors:
- Increasing working women population: The number of working women is increasing day by day and this has led to the growth of the lunchbox market.
- Rising disposable income: With the rise in disposable income, people are spending more on lunchboxes and other related products.
- Growing awareness about healthy eating habits: There is a growing awareness among people about healthy eating habits and this is driving the demand for healthier lunchboxes.
- Innovative designs and features: Lunchbox manufacturers are coming up with innovative designs and features, which is attracting more consumers to buy these products.
Scope Of The Report
Report Attributes
Report Details
Report Title
Lunchbox Market Research Report
By Type
Stainless Steel, Plastic, Other
By Application
Office Workers, Students, Other
By Companies
THERMOS, Tiger Corporation, Zojirushi, Pacific Market International, LOCK&LOCK, Gipfel, Asvel, Zebra, Bentology, Kitchen Art, Haers, TAFUCO, SUPOR, ASD, Jieyang Xingcai Material, Guangdong Shunfa, King Boss, Guangzhou Zhenxing Industrial, Guangdong Dongcheng, Shanghai Hongchen, Xiamen Guanhua
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
201
Number of Tables & Figures
141
Customization Available
Yes, the report can be customized as per your need.
Global Lunchbox Market Report Segments:
The global Lunchbox market is segmented on the basis of:
Types
Stainless Steel, Plastic, 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
Office Workers, Students, Other
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:
- THERMOS
- Tiger Corporation
- Zojirushi
- Pacific Market International
- LOCK&LOCK
- Gipfel
- Asvel
- Zebra
- Bentology
- Kitchen Art
- Haers
- TAFUCO
- SUPOR
- ASD
- Jieyang Xingcai Material
- Guangdong Shunfa
- King Boss
- Guangzhou Zhenxing Industrial
- Guangdong Dongcheng
- Shanghai Hongchen
- Xiamen Guanhua
Highlights of The Lunchbox 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:
- Stainless Steel
- Plastic
- Other
- By Application:
- Office Workers
- Students
- Other
- 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 Lunchbox 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Lunchbox is a meal delivery service that offers healthy, affordable food to people who work or study in the city. The company was founded in 2013 by two entrepreneurs, Ryan Rabin and Mattan Tzur.
Some of the key players operating in the lunchbox market are THERMOS, Tiger Corporation, Zojirushi, Pacific Market International, LOCK&LOCK, Gipfel, Asvel, Zebra, Bentology, Kitchen Art, Haers, TAFUCO, SUPOR, ASD, Jieyang Xingcai Material, Guangdong Shunfa, King Boss, Guangzhou Zhenxing Industrial, Guangdong Dongcheng, Shanghai Hongchen, Xiamen Guanhua.
The lunchbox 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 Lunchbox 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 Lunchbox Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Lunchbox 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 Lunchbox 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 Lunchbox Market Size & Forecast, 2018-2028
4.5.1 Lunchbox Market Size and Y-o-Y Growth
4.5.2 Lunchbox Market Absolute $ Opportunity
Chapter 5 Global Lunchbox 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 Lunchbox Market Size Forecast by Type
5.2.1 Stainless Steel
5.2.2 Plastic
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Lunchbox 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 Lunchbox Market Size Forecast by Applications
6.2.1 Office Workers
6.2.2 Students
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Lunchbox 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 Lunchbox 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 Lunchbox Analysis and Forecast
9.1 Introduction
9.2 North America Lunchbox 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 Lunchbox Market Size Forecast by Type
9.6.1 Stainless Steel
9.6.2 Plastic
9.6.3 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 Lunchbox Market Size Forecast by Applications
9.10.1 Office Workers
9.10.2 Students
9.10.3 Other
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 Lunchbox Analysis and Forecast
10.1 Introduction
10.2 Europe Lunchbox 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 Lunchbox Market Size Forecast by Type
10.6.1 Stainless Steel
10.6.2 Plastic
10.6.3 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 Lunchbox Market Size Forecast by Applications
10.10.1 Office Workers
10.10.2 Students
10.10.3 Other
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 Lunchbox Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Lunchbox 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 Lunchbox Market Size Forecast by Type
11.6.1 Stainless Steel
11.6.2 Plastic
11.6.3 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 Lunchbox Market Size Forecast by Applications
11.10.1 Office Workers
11.10.2 Students
11.10.3 Other
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 Lunchbox Analysis and Forecast
12.1 Introduction
12.2 Latin America Lunchbox 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 Lunchbox Market Size Forecast by Type
12.6.1 Stainless Steel
12.6.2 Plastic
12.6.3 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 Lunchbox Market Size Forecast by Applications
12.10.1 Office Workers
12.10.2 Students
12.10.3 Other
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) Lunchbox Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Lunchbox 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) Lunchbox Market Size Forecast by Type
13.6.1 Stainless Steel
13.6.2 Plastic
13.6.3 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) Lunchbox Market Size Forecast by Applications
13.10.1 Office Workers
13.10.2 Students
13.10.3 Other
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 Lunchbox Market: Competitive Dashboard
14.2 Global Lunchbox Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 THERMOS
14.3.2 Tiger Corporation
14.3.3 Zojirushi
14.3.4 Pacific Market International
14.3.5 LOCK&LOCK
14.3.6 Gipfel
14.3.7 Asvel
14.3.8 Zebra
14.3.9 Bentology
14.3.10 Kitchen Art
14.3.11 Haers
14.3.12 TAFUCO
14.3.13 SUPOR
14.3.14 ASD
14.3.15 Jieyang Xingcai Material
14.3.16 Guangdong Shunfa
14.3.17 King Boss
14.3.18 Guangzhou Zhenxing Industrial
14.3.19 Guangdong Dongcheng
14.3.20 Shanghai Hongchen
14.3.21 Xiamen Guanhua
