Pizza Disc Market: An Overview
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.
Pizza Disc Market: Segmentation
The global pizza disc market is segmented as follows -
By material, the global pizza disc market is segmented into –
- Corrugated Boards
By size, the global pizza disc market is segmented into –
- Others (10”, 14”, etc.)
By sales channel, the global pizza disc market is segmented into –
- Convenience Stores
- Specialty Stores
- Discount Stores & Warehouses/Wholesale Clubs
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.
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. 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
The pizza disc market report is a compilation of first-hand 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.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
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The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.