Pizza Box Global Market Report 2024

The pizza box market size has grown strongly in recent years. It will grow from $2.76 billion in 2023 to $2.99 billion in 2024 at a compound annual growth rate (CAGR) of 8.3%. Historical growth can be attributed to the rise of pizza delivery culture, the development of corrugated cardboard boxes for packaging, emphasis on customization and branding, sustainability initiatives in packaging, and the standardization of sizes for convenience and efficiency.

The pizza box market size is expected to see strong growth in the next few years. It will grow to $4.01 billion in 2028 at a compound annual growth rate (CAGR) of 7.6%. Forecasted growth is powered by global pizza market expansion, heightened competition driving differentiation, adherence to health standards, consumer demand for eco-friendly packaging, and convenience-oriented packaging. Major trends include functional design innovations, personalized branding, convenience-focused packaging, innovative materials/tech, and market responsiveness to consumer behavior.

The increasing popularity of fast foods is anticipated to drive growth in the pizza box market during the forecast period. The surge in fast food consumption can be attributed to factors such as convenience, affordability, diverse menu options, and appealing flavors. Pizza, a widely favored fast-food item, is prominently featured in national franchises such as Papa John's, Domino's Pizza, Sbarro, and Pizza Hut. The global trend of escalating fast food consumption has led to a heightened demand for packaging solutions, particularly pizza boxes. For instance, Fast Food Statistics 2021 reports a yearly growth rate of 2.2% in fast food consumption. Consequently, the growing preference for fast foods is a key factor propelling the expansion of the pizza box market.

The anticipated expansion of the e-commerce industry is set to drive the growth of the pizza box market in the foreseeable future. E-commerce, characterized by the online buying and selling of goods and services, has become a significant avenue for businesses. E-commerce platforms offer the option for custom-printed pizza boxes, featuring branded designs, logos, and marketing messages, thereby contributing to enhanced brand recognition and improved customer experience. As an illustration, in November 2023, data from the International Trade Administration, a US-based Department of Commerce, revealed that as of January 2021, US consumer eCommerce accounted for 36.3% of the UK's total retail market, with projected eCommerce revenue reaching $285.60 billion by 2025. Consequently, the ongoing expansion of the e-commerce industry emerges as a key driver for the growth of the pizza box market.

The evolution of the pizza box market is being driven by the integration of safety locking mechanisms into new packaging designs. Leading companies in this sector are prioritizing the development of innovative packaging solutions aimed at safeguarding the well-being of their customers. A notable example occurred in March 2021 when Pizza Hut, a prominent US-based restaurant chain, introduced special edition pizza boxes featuring augmented reality (AR) technology. Through a QR code scan on the box, customers could engage in playing the beloved classic arcade game Pac-Man, showcasing the brand's commitment to not only safety but also interactive and entertaining customer experiences.

Prominent players within the pizza box market are intensifying their efforts towards the introduction of reusable pizza boxes as a strategic move to enhance their competitive position. These innovative packaging solutions, characterized by their environmentally friendly and sustainable nature, are crafted for multiple usages. An illustrative case occurred in March 2023 when Dodo Pizza, a leading pizza delivery franchise based in Russia, unveiled its line of reusable pizza boxes. These boxes, constructed from sustainable plastic material, boast a remarkable feature of not absorbing any food ingredients and are designed to be reused up to 500 times. This initiative represents a proactive step towards addressing delivery-related waste while significantly reducing the company's environmental footprint. By offering customers a more sustainable packaging option, Dodo Pizza underscores its commitment to minimizing environmental impact while providing a practical and eco-conscious solution.

In February 2022, CureFoods Private Limited, an India-based food company, successfully concluded the acquisition of Sbarro, LLC, for an undisclosed sum. This strategic move is aimed at bolstering CureFoods' supply chain capabilities, pizza packaging expertise, and product penetration in the North American market. Sbarro, LLC, a pioneering US-based company specializing in pizza and pizza box packaging solutions, seamlessly aligns with CureFoods' objectives to enhance its operational capabilities and expand its presence in the pizza and food packaging segment within North America.

Major companies operating in the pizza box market report are WestRock Company, International Paper Company, Georgia-Pacific LLC., Smurfit Kappa Group, DS Smith PLC, Mondi PLC, Graphic Packaging International LLC, Packaging Corporation of America, Sonoco Products Company, Rengo Co. Ltd., Sealed Air Corporation, Huhtamaki Oyj, Cascades Inc., BillerudKorsnäs AB, Orora Limited, Pratt Industries Inc., Metsa Board Corporation, Papierfabrik August Koehler SE, Elopak AS, Coveris Holdings S.A, UFP Technologies Inc., Rsg Packagings Pvt. Ltd., Anchor Packaging Inc., Seda International Packaging Group, Magnum Packaging NE Ltd., Tekni-Plex Inc., New Method Packaging LLC, Golden Box Ltd., Sirane Ltd.

North America and Europe are the largest regions in the pizza box market in 2023. The regions covered in the pizza box market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the pizza box market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The main types of pizza boxes include whole pizza boxes and pizza slice boxes. Pizza slice boxes are designed to accommodate large slices of pizza without the risk of breakage or folding. Many pizza slice boxes feature attractive graphics on the top for additional visual appeal. These boxes are made from different materials, including corrugated paperboard and clay-coated cardboard, and are available for purchase through online and offline sales channels. The various print types include both printed boxes and non-printed boxes. Pizza boxes find applications in restaurants, commissaries, supermarkets, and various other settings where pizzas are prepared and sold.

The pizza box market research report is one of a series of new reports that provides pizza box market statistics, including pizza box industry global market size, regional shares, competitors with a pizza box market share, detailed pizza box market segments, market trends and opportunities, and any further data you may need to thrive in the pizza box industry. This pizza box market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The pizza box market consists of sales of containerboard, corrugated fiberboard, and combined board. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.