Albany, NY -- (SBWIRE) -- 05/08/2019 -- A pizza disc offers a solid base for easy transportation, storage, and display of pizzas. It is manufactured using high-quality raw material such as a corrugated board, plastic, wood, and metal. A pizza disc gives an ideal presentation by maintaining the quality and freshness of the pizza. Pizza discs that are made from corrugated boards are eco-friendly and are likely to gain significant traction in the coming years.
The availability of pizza discs in different sizes and shapes is highly suitable for automated as well as manual pizza preparation. It also offers ease to the manufacturers and retailers to store pizzas in optimum conditions. Pizza discs can be custom-printed with a logo or product information, which helps retailers to increase awareness of the product and promote brand value. Moreover, the global outlook for the pizza disc market is expected to remain positive during the forecast period.
Pizza Disc Market: Dynamics
The robust growth rate of the foodservice industry, the rising popularity of fast food, and a growing number of individuals consuming pizzas are expected to create enormous growth opportunities for the global pizza disc market during the forecast period. A pizza disc provides a firm base to the pizza, which offers convenience during processing and transportation. Also, pizza discs are food grade, strong, durable, and cost-effective; the pizza disc market is expected to witness significant growth during the forecast period.
Today's consumer demand more than convenience from their products; they are aware of their choices and are selecting more sustainable options. Thus, pizza discs made from corrugated boards are expected to gain significant popularity and growth during the forecast period. Regardless of the positive attributes, the increasing use of plastic film as an alternative for pizza discs is expected to slow down the growth of the global pizza disc market during the forecast period. However, in terms of sturdiness and quality maintenance, pizza discs always offer a better solution than plastic film. Overall, the global pizza disc market is likely to expand at a notable CAGR during the forecast period.
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Pizza Disc Market: Regional Outlook
The continuous expansion of pizza chains, rising per capita consumption of pizza, coupled with increasing disposable income are key factors, which are driving the growth of the pizza disc market in Western Europe. Norway ranks first with highest pizza consumption per capita, is expected to grow at a healthy CAGR, and is likely to create significant opportunity for the pizza disc market during the forecast period. North America is a substantial shareholder of the global pizza disc market, and is expected to witness considerable demand during the forecast period.
Pizza Disc Market: Recent Development & Key Trends
The recent developments and key trends that are being observed among pizza disc manufacturers are listed below:
Manufacturers focus on sustainable product offerings.
In 2018, Aldi introduced new pizza discs to replace plastic discs. These discs were made up of corrugated boards; hence, they can be recycled. The company initiated this move for controlling the adverse effects of polystyrene in pizza discs. In addition to this, the company suggested that eco-friendly pizza discs help in maintaining the life and freshness of pizzas.
The Co-op Group changed polystyrene pizza discs with corrugated cardboard discs to offer a sustainable product for protecting pizzas.
LINPAC Packaging Limited designed innovative shallow domed pizza discs to keep toppings evenly spread across pizzas, and also allowing consumers to see the ingredients clearly.
Pizza Disc Market: Key players
The leading players operating in the pizza disc market are as follows –
Smurfit Kappa Group plc.
LINPAC Packaging Limited
New Method Packaging
Zeus Packaging Group Limited
The pizza disc market report is a compilation of firsthand information, qualitative, and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The pizza disc market report provides in-depth analysis of parent market trends, macroeconomic indicators, and governing factors, along with market attractiveness as per segment. The report also maps the qualitative impact of various market factors on market segments and geographies.
Regional analysis includes –
North America
Latin America
Europe
Middle East and Africa (MEA)
East Asia
South Asia
Oceania
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Report Highlights:
A detailed overview of the parent market
Changing market dynamics in the industry
In-depth segmentation of the pizza disc market
Historical, current, and projected size of the pizza disc market, regarding volume and value
Recent industry trends and developments
Competitive landscape in the pizza disc market
Strategies for key players operating, and products offered by them
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on performance of the pizza disc market
Must-have information for pizza disc market players to sustain and enhance their market footprint