Rabobank: U.S. Foodservice Packaging Post COVID-19
U.S. foodservice has been heavily impacted by the Covid-19 lockdowns, with effects also spreading to foodservice packaging suppliers. Despite a temporary sharp reduction in foodservice packaging volumes, Rabobank expects a staged recovery against a broader backdrop of economic recession.
Consumer-facing foodservice packaging volume is expected to expand in both limited-service restaurants and full-service restaurants, albeit at a slower rate. As local economies open up and consumers adopt new ways of dining, foodservice packaging should also adapt and innovate to meet...
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