Duni Group Market Research Report

Company Profile

Background

Duni Group is a market leader in sustainable dining and food packaging solutions, catering primarily to the restaurant and catering sectors. With over 70 years of experience, the company is committed to designing innovative, circular, and sustainable dining experiences. Operating under brands such as Duni, BioPak, Paper+Design, and Poppies, Duni Group's products are available in more than 50 markets worldwide. The company employs approximately 2,800 people across 26 countries, with its headquarters in Malmö, Sweden, and production units in Sweden, Germany, Poland, Slovenia, the UK, and Thailand.

Mission, Vision, and Values

Mission: "We believe the world needs better dining experiences. With over 70 years in business, we are committed to designing the most sustainable, circular, and innovative dining experiences. Unforgettable dining moments."

Vision for 2030: "In 2030, we have achieved circularity at scale. We passionately lead our industry towards a world where we give more than we take."

Values:

We care: For our planet, people, and society.

We are passionate: About what we do.

We make a difference: By being innovative and pioneering.

Key Strategic Focus

Duni Group's strategic focus centers on leading the industry towards sustainable and circular solutions. The company aims to achieve circularity at scale by 2030, emphasizing innovation, digitalization, and a strong commitment to sustainability. This includes developing eco-friendly products, reducing environmental impact, and fostering responsible business practices.

Financials and Funding

Duni Group is listed on NASDAQ Stockholm under the ticker "DUNI." The company has demonstrated solid financial performance, with a focus on sustainable growth and profitability. In 2025, Duni Group reported net sales of SEK 7,685 million, marking a 1.4% increase from the previous year. This growth was primarily driven by acquisitions, including Poppies, LinePack, and ByGreen. However, operating income was impacted by weaker organic demand and currency headwinds.

Pipeline Development

Duni Group's pipeline development includes several strategic acquisitions aimed at enhancing its product offerings and market presence:

Huskee Pty Ltd: Acquired in April 2024, Huskee specializes in innovative coffee cup designs made from recycled materials, supporting Duni Group's commitment to sustainable packaging solutions.

Seti D.O.O.: In September 2024, Duni Group acquired a 70% stake in Seti D.O.O., a Slovenian company specializing in converting napkins and placemats, thereby expanding its presence in southeastern Europe.

Technological Platform and Innovation

Duni Group leverages several proprietary technologies and scientific methodologies to maintain its competitive edge:

Evolin®: A table cover material that combines the look and feel of textiles with the advantages of single-use products, catering to restaurants and catering firms seeking linen-like single-use materials.

Bio Dunicel and Bio Dunisoft: Tablecloths and napkins with renewable, environmentally adapted binders, marking a significant step towards a fully eco-friendly product range.

Relevo: A digital infrastructure for reusable food containers, launched in collaboration with the German city of Munich, aiming to make reusable packaging more accessible through technology and automated processes.

Leadership Team

Duni Group's leadership team comprises experienced professionals dedicated to driving the company's strategic vision:

Magnus Carlsson: Executive Vice President Finance and CFO, responsible for financial strategy and operations.

Katja Margell: Investor Relations and Communications Director, overseeing investor relations and corporate communications.

Erik Lindroth: Sustainability Director, leading the company's sustainability initiatives and strategies.

Competitor Profile

Market Insights and Dynamics

The market for sustainable dining and food packaging solutions is experiencing significant growth, driven by increasing consumer awareness of environmental issues and a shift towards circular economy models. Duni Group holds a market-leading position in Europe, with a strong presence in the premium segment for napkins and table covers.

Competitor Analysis

Key competitors in the sustainable dining and food packaging sector include:

Notpla: A UK-based company specializing in seaweed-based packaging solutions, offering a plastic-free alternative to traditional packaging.

Relevo: A German company providing a sustainable, reusable dishware system for food and beverage takeout and delivery services.

Strategic Collaborations and Partnerships

Duni Group has engaged in several strategic collaborations to enhance its market position and innovation capacity:

Notpla Partnership: Collaborated with Notpla to introduce a plastic-free packaging range featuring seaweed coating, aligning with sustainability goals.

Relevo Acquisition: Acquired a majority stake in Relevo, a German company specializing in reusable food containers, to strengthen its sustainable packaging offerings.

Operational Insights

Duni Group's operational strategy focuses on vertical integration, particularly in the Dining Solutions business area, where it owns and controls the entire production and delivery chain, from manufacturing to distribution. This approach ensures high-quality products and efficient operations.

Strategic Opportunities and Future Directions

Duni Group's strategic roadmap includes:

Sustainability Leadership: Aiming to become the industry's trusted sustainability leader by 2030, focusing on circular solutions, net-zero climate impact, and social sustainability.

Market Expansion: Leveraging acquisitions and partnerships to expand its presence in key markets, including the Asia-Pacific region.

Product Innovation: Continuing to develop and introduce innovative, sustainable products that meet evolving consumer preferences and regulatory requirements.