Global Chicken Bucket Market, By Material (Paper and Paperboard, Plastic), Capacity (Less than 1.0 kg, 1.0 kg 2.0 kg, 2.0 kg to 3.0 kg, More than 3.0 kg), End User (Foodservice, Institutional, Household) – Industry Trends and Forecast to 2029.
Chicken bucket Market Analysis and Size
Chicken buckets have become one of the most popular packaging options in recent years due to the improvement in consumer eating habits such as on-the-go food boxes, take-out meals, and others. The chicken market is probably the fastest growing and most flexible market of all livestock industries. Also, the chicken is now the most consumed animal worldwide. So, the consumers are now searching for such food packaging choices in which different types of chicken products, meat and related food products can be held together. Chicken buckets, specifically made from paper and paperboard, are very common nowadays due to increased demand from the eco-conscious consumers.
Data Bridge Market Research analyses that the chicken bucket market was valued at USD 1,880.00 million in 2021 and is expected to reach USD 2,653.15 million by 2029, registering a CAGR of 4.40% during the forecast period of 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.
Chicken bucket Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Material (Paper and Paperboard, Plastic), Capacity (Less than 1.0 kg, 1.0 kg 2.0 kg, 2.0 kg to 3.0 kg, More than 3.0 kg), End User (Foodservice, Institutional, Household)
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Countries Covered
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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
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Market Players Covered
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Graphic Packaging International, LLC (U.S.), Huhtamäk (Finland), Dart Container Corporation (U.S.), DJS Printers (India), ITC Limited (India), Westgate Products, Ltd. (U.S.), Anchor Packaging LLC (U.S.), Pactiv Evergreen Inc. (U.S.), Hyper Pack Private Limited (India), Thoran Paper Products. (India), Delhi Graphs & Charts. (India), Capital Commodity (Shenzhen) Co., Ltd. (China), Ivaanshi Printpack (India), Noor Carton & Packaging Industry (Saudi Arabia), Detmold Group (Australia), PLUS PAPER FOODPAC LTD (India), International Paper (U.S.)
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Market Opportunities
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Market Definition
Chicken bucket is a disposable packaging which has made up of durable cardboard. Large size chicken bucket packaging are perfect for serving more chicken. The package will contain about 24 to 30 pieces of breaded strips or wings. The paper bucket chicken is flawless for serving take-away meals. The chicken bucket packaging confirms the durability and resistance of the product to damage.
Global Chicken bucket Market Dynamics
Drivers
- Resistant to grease stains
The chicken bucket has risen in demand due to have a protective layer which protects the packaging from leaking. Due to this protective layer, fat does not leak through the packaging, which protects it from the appearance of dirty stains and unsightly. The rising demand of chicken bucket due to resistance to stains are expected to drive the growth of the market.
- Chicken buckets to encourage the appetite
The packaging is attractively printed with the word “tasty” in various countries. The colors used in the packaging perfectly match the food. It emphasizes the uniqueness and stimulates the appetite of the dishes which had served in the packaging. The chicken bucket can be used in every catering facility. They guarantee the suitability of serving meals both on the spot, as well as delivery and take-away.
- Environment Friendly
There are numerous types of packaging options for chicken in the market. Compared to others, the paper-based chicken bucket is more eco-friendly because this bucket's raw material is mostly paper and paperboard. It has degradable and recyclable properties.
Opportunities
- Rise in demand due to growing awareness
The rising awareness regarding global warming the chicken bucket will have a highest growth rate which rising the market share in the chicken bucket market. The rising demand for chicken from developing economies due to growing awareness regarding the health benefits is also the major reason for upsurging the demand for chicken buck across the globe.
Also, major food supply chains are partnering with and working with packaging industries to give plastic-free packaging products to their consumers. All of these factors are expected to create the beneficial opportunities for the growth of the chicken buckets market over the forecast period.
Restraints/ Challenges
However, chicken bucket' easy tear and wear-out properties which will hamper the growth of the chicken bucket market. The negative impact of COVID-19 outbreak on supply chain and will act as market restraint and further challenge the market growth rate.
Also, the sustainability issues along with food gets too soggy will expected to obstruct the growth of the chicken bucket market during forecast period.
This chicken bucket 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 chicken bucket market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Chicken Bucket Market
COVID-19 has considerably influenced the chicken industry, just like other industries. Furthermore, the manufacturers faced difficulties sourcing PPE, and COVID-19 cases in plants led to the closures of the manufacturing factories. Also, this epidemic also resulted in consumers being more interested towards the origins of their food, and higher welfare, including organic and free-range which have been experiencing firm demand. Globally, the pandemic period has been very challenging for chicken meat with oversupply, low prices, and the decimation of the foodservice market exchange. Yet, with reasonable vaccination rates, the economy and food service sector, which relies heavily on imports, is progressively returning.
Global Chicken Bucket Market Scope
The chicken bucket market is segmented on the basis of material, capacity and end-user. 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.
Material
- Paper and Paperboard
- Plastic
Capacity
- Less than 1.0 kg
- kg 2.0 kg
- kg to 3.0 kg
- More than 3.0 kg
End User
- Foodservice
- Institutional
- Household
Chicken Bucket Market Regional Analysis/Insights
The chicken bucket market is analysed and market size insights and trends are provided by country, material, capacity and end-user as referenced above.
The countries covered in the chicken bucket 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 and Europe dominate the chicken bucket market. This is due to the increasing demand for chicken bucket in these regions. North America and Europe dominate the chicken bucket market due to the growing demand of fast food along with changing consumption habits of the consumer in this region.
During the estimated period, Asia-Pacific is anticipated to be the fastest developing region due to the increasing number of restaurants and the packaging industry development 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 Chicken Bucket Market Share Analysis
The chicken bucket 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 chicken bucket market.
Some of the major players operating in the chicken bucket market are:
- Graphic Packaging International, LLC (U.S.)
- Huhtamäk (Finland)
- Dart Container Corporation (U.S.)
- DJS Printers (India)
- ITC Limited (India)
- Westgate Products, Ltd. (U.S.)
- Anchor Packaging LLC (U.S.)
- Pactiv Evergreen Inc. (U.S.)
- Hyper Pack Private Limited (India)
- Thoran Paper Products. (India)
- Delhi Graphs & Charts. (India)
- Capital Commodity (Shenzhen) Co., Ltd. (China)
- Ivaanshi Printpack (India)
- Noor Carton & Packaging Industry (Saudi Arabia)
- Detmold Group (Australia)
- PLUS PAPER FOODPAC LTD (India)
- International Paper (U.S.)
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