According to the Business Research Company’s 2024 Pizza Box Global Market Report, the pizza box market is on a significant growth trajectory. The market size is expected to increase from $2.76 billion in 2023 to $2.99 billion in 2024, marking a compound annual growth rate (CAGR) of 8.3%. This growth is driven by several factors.
The rise in pizza delivery culture has been a major contributor. Advances in corrugated cardboard technology have improved box quality. Additionally, the demand for customized branding and sustainable packaging has risen. Standardized box sizes have also played a role, meeting both consumer preferences and the needs of pizza businesses.
Looking ahead, the pizza box market is projected to reach $4.01 billion by 2028, maintaining a CAGR of 7.6%. Several key drivers are expected to fuel this growth.
One major factor is the increasing demand for fast food. The convenience, affordability, and variety of options from fast food restaurants are leading to higher consumption, particularly of pizza. National franchises such as Papa John’s, Domino’s, Sbarro, and Pizza Hut are benefiting from this trend, contributing to a global surge in pizza sales. As fast food consumption continues to rise, the demand for packaging products, including pizza boxes, is expected to grow, underscoring the essential role of packaging in the fast-food industry.
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