Global Disposable Cutlery Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2027
Disposable Cutlery Market Overview:
“The global Disposable cutlery Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”
The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint.
The global Disposable cutlery market report has been segmented on the basis of product type, material, sales channel, end-use industries, and region.
Disposable cutleries include spoons, forks, knives, etc., which are made up of recyclable material such as wood, bioplastics, etc., in order to serve and eat food.
Increasing demand for disposable cutlery among ready-to-eat food manufacturers is a major factor estimated to drive the growth of the global market over the next 10 years.
In addition, increasing awareness regarding eco-friendly and sustainable cutlery products is another factor expected to support revenue growth of the global market over the next few years.
Various advantages offered by these materials such as biodegradable in nature, lower cost, and aid to maintain food hygiene is another factor anticipated to propel the adoption of disposable cutlery, which in turn is estimated to drive the growth of the global market over the forecast period.
In addition, growing demand for these cutleries from fast-food restaurants, catering services, airlines, and takeaway restaurants, is another factor expected to increase disposable cutlery demand, which in turn is projected to drive the growth of the global market in the next few years.
On the basis of product type, the spoon segment is expected to dominate the global market over the forecast period owing to increasing demand from the food service industry.
On the basis of material, the wood segment is expected to account for a major share in terms of revenue in the global market, owing to various features offered by this material such as cost-effectiveness and recyclable in nature. The wood segment is also anticipated to register the highest CAGR over the forecast.
On the basis of sales channels, the retail segment is expected to account for a significant share in terms of revenue in the global market, owing to the increasing demand for disposable cutlery from outdoor social events such as parties, marriages, and community get-togethers.
The retail segment revenue is also anticipated to register the highest CAGR over the forecast.
Asia Pacific market is expected to account for a significant share in terms of revenue in the global market. The Asia Pacific market is also anticipated to register faster growth in terms of revenue over the next 10 years, owing to changing lifestyle of the population and increasing inclination towards food hygiene in the countries in this region.
In addition, the increasing number of food outlets and quick service restaurants are other factors estimated to influence demand for disposable cutlery over the forecast period.
An increasing working population has led to increasing demand for ready-to-eat food products, which is another factor expected to augment the growth of the target market in the region.
Moreover, manufacturers of disposable cutlery are concentrating on colored and decorative cutlery which aids an appealing look to the product, which is another factor expected to propel the growth of the target market.
Markets in Europe, Latin America, the Middle East, and Africa are expected to register moderate growth during the forecast period.
Global Disposable Cutlery Market Segmentation:
Segmentation by product type:
Segmentation by material:
- Polylactic Acid (PLA)
- Others (PET etc.)
Segmentation by sales channel:
- Convenience Stores
- Specialty Stores
- Discount Stores
Segmentation by end-use industries:
- Food Service Outlets
- Restaurants & Cafes
- Quick Service Restaurants (QSR)
- Institutional Food Services
- Airline & Railway Catering
- Schools & Offices
- Online Food Ordering
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Huhtamäki Oyj
- Georgia-Pacific LLC
- Pactiv LLC
- Dart Container Corporation
- Novolex Holdings, Inc.
- Biopac UK Ltd.
- Genpak, LLC
- Vegware Ltd.
- D&W Fine Pack LLC
- Gold Plast SpA
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