Global Restaurant Consumables Market – Industry Trends and Forecast to 2029

Restaurant Consumables Market Analysis and Size

Restaurant is an important part of economy and society. This is a business which cooks and serves deinks and food to consumers in exchange for money. Restaurant consumables are those products used in restaurants and made up of plastic, paper and other material to help provide efficient food, create ambience and maintain healthy environment. Along with this, these consumables are also serving many other products such as hygienic and fresh vessels, hand wash, air freshener, washing chemicals ensures clean, surroundings as well as people. 

Data Bridge Market Research analyses that the restaurant consumables market was valued at USD 4,362.40 million in 2021 and is expected to reach USD 7,165.70 million by 2029, registering a CAGR of 6.40 % during the forecast period of 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Report Scope and Market Segmentation

Market Definition

Restaurant consumables refers to those product which is used in restaurant by the restaurant owners, workers and consumer for restaurant purposes. Mostly, producers that manufacture restaurant consumables producers can invest widely, especially during a pandemic situation wherein economic downtime is low, and thus there is constant need to repurchase the restaurant goods at the end of the market cycle.

Global Restaurant Consumables Market Dynamics

Drivers

• Growing number of theme based restaurants

Increase in the number of theme based restaurants has a huge impact on the restaurant consumables market offerings, as some of the specialized firms are looking for customized  solutions with a personal touch that help them to impress the customers.

• Increasing awareness and promotion on hygiene awareness

The rising health and hygiene awareness among consumers is a major factor which are expected to drive the global restaurant consumables market growth. Increasing government programming guidance and promotions regarding awareness of hygiene and sanitation, particularly in developing nations, as well as stringent government rules for the installation and use of advanced products in several countries are anticipated to boost the growth of the restaurant consumables market.

• Changing  lifestyle of the consumers

Now the consumer lifestyle is constantly evolving, which changes the values and habits that are influenced by existing new trends, as well as continuously changing the demographic mix globally, and fast technological developments. In this regard modernization is important and as a result various consumables are used in the restaurants. This will boost the market growth

Opportunities

• Rising demand for food services from restaurants

Restaurant consumables are mainly used in the making, serving and selling foods and drinks or offering catering services to private or public end consumers either by external operators or in-house. As such, total spending of foodservice on food in the US accounts for about 45%-50%, while the percentage in the lesser developed markets can be 10%-15% or less then it. Rising demand for food services by restaurants will create immense opportunities for the restaurant consumables market during forecast period.

Furthermore, growing adoption of trendy lifestyles and rise in disposable income among consumers overall the globe are the major factors which is fostering the growth of the restaurant consumables market. Additionally, the rapid urbanization, growing awareness among consumers about sanitization and adoption of healthier lifestyle owing to the increased expenditure also further carve the way for the growth of market. 

Restraints/ Challenges

• Negative impact of pandemic

However, restaurant consumables' easy tear and wear-out properties which will hinder the growth of the restaurant consumables market. The negative impact of outbreak of COVID-19 on supply chain and high cost of these consumable products will act as market restraint and further challenge the growth of the restaurant consumables market.

This restaurant consumables market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the restaurant consumables market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Global Restaurant consumables Market Scope

The restaurant consumables market is segmented on the basis of type and restaurant type. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

• Trash Bags
• Disposable Plates and Glasses
• Air Fresheners
• Toilet Papers
• Paper Towels
• Serving Mats and Tissues
• Cleaning or Washing Consumables
• Hand Wash
• Disposable Cutlery
• Packaging Foils or Boxes and Bags
• Others

 Restaurant Type

• Fast Food
• Fast Casual Dining
• Café
• Pub
• Bistro
• Casual Dining, Fine Dining
• Others

Restaurant consumables Market Regional Analysis/Insights

The restaurant consumables market is analysed and market size insights and trends are provided by country, type and restaurant type as referenced above.

The countries covered in the restaurant consumables market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa.

North America dominates the restaurant consumables market in terms of market share and revenue. This is due to high concentration of restaurants and their commitment towards hygiene.

Asia-Pacific is expected to be the fastest developing region during the forecast period of 2022-2029 This is attributed to the expansion of biggest fast food chains such as Pizza hut, Domino’s, McDonalds, KFC and others in this region.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Restaurant consumables Market Share Analysis

The restaurant consumables market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to restaurant consumables market.

Some of the major players operating in the restaurant consumables market are:

• The Clorox Company, (U.S.)
• Novolex, (U.S.)
• Reynolds Consumer Products, (U.S.)
• Inteplast Group, (U.S.)
• Poly-America, L.P., (U.S.)
• International Plastics, Inc., (U.S.)
• Reckitt Benckiser Group plc (U.K)
• Codi Group (Netherlands)
• Dreumex (Netherlands)
• KCWW (U.S.)
• Ecolab (U.S.)
• Seventh Generation Inc (U.S.)
• LIXIL Corporation (Japan)
• Zurn Industries LLC. (U.S.)
• Masco Corporation (U.S.)
• Arc Group (France)
• Libbey, Inc. (U.S.)
• Sisecam Glassware (Turkey)
• Bormioli Rocco S.p.A. (Italy)
• Tiroler Glashütte GmbH (Austria)
• The Oneida (U.S.)

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