Pizza Boxes Market Share, Size, Trends, Industry Analysis Report, By Type (Whole Pizza Boxes and Pizza Slices Boxes); By Material Type; By Print Type; By Sales Channel; By Region; Segment Forecast, 2023- 2032
- Published Date:Jul-2023
- Pages: 115
- Format: PDF
- Report ID: PM3460
- Base Year: 2022
- Historical Data: 2019-2021
Report Outlook
The global pizza boxes market was valued at USD 2,547.49 million in 2022 and is expected to grow at a CAGR of 4.4% during the forecast period. The rapid development of pizza franchises and bakery stations across the world and the growing rate of urbanization across several developing economies led to changes in consumer living styles and consumption patterns and further boosted the demand for fast food products like pizzas, among others, are major factors expected to bode well for the market growth over the coming years. The significant rise in the popularity of fast-food products due to their convenience, low price, easy access, and availability in a wide range of menu options for different age categories is resulting in high demand for pizza, resulting in huge growth potential opportunities for the market. For instance, in March 2023, Cork Pizza introduced Ireland’s 1st reusable pizza box, which keeps the pizza toasty warm & easily cut from single-use cardboard. It is made from resource & single-use cardboard that could be reusable and are 100% recyclable.
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Moreover, large operators worldwide have done very well by investing heavily in several modern technologies like smart web-based ordering systems to upsurge their profitability and margins and transform their menus. Because of their hectic work-life schedules and sedentary lifestyles, the growing consumer penetration for ready-to-eat food products has also propelled the product demand.
The COVID pandemic has impacted the growth of the market. Coronavirus has changed consumer spending behavior and made them more health conscious, which has resulted in a significant decline in the consumption of fast foods, including pizza. Besides this, the global pandemic has highly disrupted the global supply chains and food delivery services due to imposed lockdowns and other restrictions or measures by many countries..
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Industry Dynamics
Growth Drivers
The rapidly growing demand for eco-friendly packaging has influenced the manufacturers of these boxes to use sustainable materials to manufacture pizza boxes such as recycled and biodegradable paperboard, along with the increasing prevalence of customized pizza boxes with unique designs and logos across the globe are the major factors boosting the demand and growth of the global pizza boxes market at a rapid pace. Furthermore, the significant technological advancements and growing R&D investments by major market players, which led to the development of new processes and equipment while strengthening the company’s extraction capacities coupled with the rising popularity of food delivery services across emerging nations like China and India, will further stimulate the market demand and growth.
Report Segmentation
The market is primarily segmented based on type, material type, print type, sales channel, and region.
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By Type |
By Material Type |
By Print Type |
By Sales Channel |
By Region |
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Whole Pizza Boxes Segment Accounted for the Largest Market Share in 2022
Pizza boxes held the largest share in 2022. The growth of the segment market can be highly attributable to its ability to offer a convenient packaging solution for restaurants and pizzerias, as they can easily store and transport whole pizzas without the need for additional packaging or handling. Additionally, these pizza boxes are generally cheaper than other types of packaging options, such as individual slice boxes, which makes them a cost-effective solution for small or new businesses, which in turn, positively affects the segment market growth.
Corrugated Paperboard Segment Held the Significant Market Share in 2022
The corrugated paperboard segment held the majority market share in terms of revenue in 2022, which is mainly driven by its numerous benefits and beneficial properties, as it provides excellent protection for pizzas during transportation, ensuring that they arrive at their destination in good condition, and higher durability, which makes it easier for restaurants to stack and store boxes before use.
The clay-carbonated cardboard segment is expected to exhibit a substantial growth rate over the coming years, which is largely attributed to the growing prevalence of sustainable and eco-friendly packaging solutions, which has fueled the demand for clay-coated carbonated cardboard globally, as they are recyclable and biodegradable that boost its popularity among environmentally conscious consumers.
Printed Boxes Segment is Expected to Hold Significant Revenue Share During Projected Period
The printed boxes segment is projected to hold significant market revenue share in the forecast period, mainly due to the rapid increase in the popularity of these pizza boxes, as they can enhance the aesthetic appeal of the pizza, making it more visually appealing to customers. A well-designed box can make the pizza more attractive and appetizing and even create a sense of anticipation before the box is even opened, gaining consumer attraction worldwide.
A large number of pizza restaurants across the globe are using printed boxes as branding and marketing tools for pizzerias and food establishments. They can be easily customized with logos, artwork, and promotional messages to create a distinct brand identity, increase brand visibility, and create a memorable experience for customers, positively influencing market growth.
Online Segment is Expected to Witness Highest Growth During Forecast Period
The online segment is expected to grow at the highest CAGR over the anticipated period, which can be highly attributed to a rapid surge in the number of smartphones users and their easy access to fast internet facilities across both developing and developed nations coupled with the growing penetration among consumer for moving towards online shopping instead of going to restaurants due to wide range of benefits offered by online channels.
Moreover, major online retailers are constantly using digital marketing tools and new technological advancements to promote their pizza boxes to a wider audience, including targeted ads, social media marketing, and email marketing campaigns, which are also likely to impact the market positively.
North America Region Dominated the Global Market in 2022
The North American region dominated the global market with a significant share in 2022 and is expected to maintain its dominance throughout the forecast period. The regional market growth can be mainly accelerated by a continuous surge in pizza consumption across countries like US and Canada due to increasing consumer disposable income and the emerging trend of consuming fast food among the young generation.
The Asia Pacific region is anticipated to be the fastest growing region with a healthy CAGR during the anticipated period, owing to change in consumer living standards and a drastic shift in population from rural areas to urban areas along with the emergence of various online pizza ordering systems, especially in developing countries like China, India, South Korea, and Indonesia.
Competitive Insight
Some of the major players operating in the global market include International Paper Company, WestRock Company, New Method Packaging, Magnum Packaging, Mondi Plc, Rengo, Smurfit Kappa, Huhtamaki, Georgia-Pacific, DS Smith Plc, Reynolds Group., Pratt Industries, RSG Packaging, and KapStone Paper and Packaging Corporation.
Recent Developments
- In April 2022, Domino’s Pizza announced the launch of its new and innovative AR pizza box in Bangladesh, which uses filter racking to light up. The latest Dominos pizza box provides a new BOGO to the people with a twist, and with these tech innovations, the company has started a mission of spreading happiness and goodness.
- In March 2021, Pizza Hut unveiled its new augmented reality pizza boxes, which allow customers to play ‘Pac-Man,’ as part of the company’s Newstalgia campaign. With the launch of this new campaign and creative positioning, the company aims to re-establish its strong brand identity.
Pizza Boxes Market Report Scope
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Report Attributes |
Details |
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Market size value in 2023 |
USD 2,652.19 million |
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Revenue forecast in 2032 |
USD 3,894.12 million |
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CAGR |
4.4% from 2023– 2032 |
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Base year |
2022 |
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Historical data |
2019– 2021 |
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Forecast period |
2023 – 2032 |
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Quantitative units |
Revenue in USD million and CAGR from 2023 to 2032 |
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Segments covered |
By Type, By Material Type, By Print Type, By Sales Channel, By Region |
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Regional scope |
North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
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Key companies |
International Paper Company, WestRock Company, New Method Packaging, Magnum Packaging NE Ltd., Mondi Plc, Rengo Co. Ltd., Smurfit Kappa Group Plc, Huhtamaki Oyj, Georgia-Pacific LLC, DS Smith Plc, Reynolds Group Ltd., Pratt Industries Inc., RSG Packaging Private Limited, and KapStone Paper and Packaging Corporation. |
FAQ's
The pizza boxes market report covering key segments are type, material type, print type, sales channel, and region.
Pizza Boxes Market Size Worth $3,894.12 Million By 2032.
The global pizza boxes market is expected to grow at a CAGR of 4.4% during the forecast period.
North America is leading the global market.
key driving factors in pizza boxes market are increasing number of pizza restaurants.
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