Smithers latest market report, ‘Sustainable Foodservice Packaging to 2024 – A State of the Art Report’ estimates that the global foodservice market exceeds $31.4 billion and that it is growing at an annual rate of 5.3%. The report assesses the top 20 sustainable technologies and technology solutions in the foodservice packaging sector. It examines each technology, the state-of-the-art, commercialisation potential and analyses current developments (with a focus on new materials technologies) and how these will evolve over the five-year forecast period.
Each technology is reviewed to critically assess the state-of-art and its growth potential over the forecast period. Scores reflect the state of technology readiness, the commercial potential of the technology and ancillary technologies, the market potential for each application, the estimated capital and operating costs and cost competitiveness of the technology, and the convergence with broader economic and market trends.
Smithers delivers a clear ranking of which formats and end-use applications present the best opportunities for innovation. The ‘Sustainable Foodservice Packaging to 2024 – A State of the Art Report’ assesses the following top 20 technologies for foodservice packaging 2019-2024. The technologies examined in this report are:
- Advanced waste management and recycling
- Aqueous barrier coatings
- Aromatic polyesters
- Bio-based polyamides (PA)
- Bio-based polyolefins
- Edible packaging
- High-bulk substrates
- High-performance corrugated packaging
- High-performance packaging made from paper or paperboard
- Lignin-based barrier coatings and plastics
- Moulded fibre packaging
- Nanocellulose-based packaging
- Packaging from non-wood fibre and agricultural residues
- PLA-based coatings for fibre-based packaging
- PLA-based plastics
- Polybutylene succinate (PBS)
- Polyethylene furanoate (PEF)
- Polyhydroxyalkanoate (PHA)
- Starch-based packaging
- Wood-based composites
Smithers latest report, ‘Sustainable Foodservice Packaging to 2024 – A State of the Art Report’ examines state-of-the-art foodservice packaging technologies and the development of sustainable packaging solutions. It presents 20 leading technologies that are currently affecting the foodservice sector and looks at their potential for growth over the five-year period ending in 2024. It examines technologies and products in various stages of development, including those that are commercially available, and pays special attention to those innovations that will impact the paper and paperboard industries and suppliers of fibre-based foodservice packaging.