Maharashtra, India -- (SBWIRE) -- 05/24/2019 -- 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 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.
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Pizza Disc Market: Recent Development & Key Trends
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. The domed pizza disc also enhances the presentation of
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
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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. The strong presence of leading pizza chains and growing number of pizza consumers are expected to drive the growth of the pizza disc market in North America. The U.S. holds the second rank with the most pizza consumption per capita, which is likely to grow in the coming years. Such factors are likely to propel the growth of the North America pizza disc market during the forecast period.
Asia Pacific excluding Japan (APEJ) is a substantial shareholder of the global pizza disc market, and is expected to register a notable CAGR during the forecast period. Leading pizza chains such as Pizza Hut and Dominos are planning to increase their retail outlets in India, China, and other countries, which is foreseen to generate significant demand for pizza discs during the forecast period. The Middle East & Africa and Latin America are expected to register noteworthy CAGRs in the pizza disc market during the forecast period.