Global One-off Chopsticks Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
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MarketResearch.biz delivers in-depth insights on the global one-off chopsticks market in its upcoming report titled, “Global One-off Chopsticks Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2027”. The global one-off chopsticks market is estimated to register a CAGR of X.X% in terms of value during forecast period 2017–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. 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 one-off chopsticks market report has been segmented on the basis of product outlook, and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Chopsticks are shaped pair of equal level of sticks that are used for eating food and kitchen utensil in Asian countries. Chopsticks are held in one hand between thumb and fingers. Commonly, chopsticks are made of wood, bamboo, plastic and stainless steel. Chopsticks are also made using gold, platinum, ivory and jade. Chopsticks are invented in China and now a-days majorly used in many Asian countries such as Japan, Korea, Nepal, Thailand, Myanmar, Singapore, and Vietnam, etc. People all over the world use chopsticks while eating Asian cuisines. There is little difference in the design of chopsticks in different countries throughout the world. In Japan, chopsticks are also used for cooking that are longer than regular chopsticks.
Increasing demand of disposable chopsticks is a major factor driving the growth of the global chopsticks market. Disposable chopsticks are commonly made using aspen. Chopsticks are an integral part of Asian food culture. Chopsticks are also used in religious ceremonies, tableware and skew food, which also fueling the growth of the target market. The rising popularity of Asian cuisines and its culture around the globe is another factor boost the demand of chopsticks and propel the growth of the market. Increasing environmental awareness and stringent government rules are expected to increase the growth of the reusable chopsticks and driving the market growth over the forecast period.
However, increasing environmental awareness owing to deforestation by chopstick manufacturing industry and government rules can hamper the growth of the global one-off chopsticks market.
Development of good flavored edible one-off chopsticks and reusable chopsticks can create higher revenue opportunities for target players in the market.
The market in Asia Pacific accounts for largest market share in terms of revenue and is expected to maintain its dominance over the forecast period, owing chopstick being an integral part of kitchen utensils in many Asian countries. The market in North America is expected to account for a second-highest share in the market in terms of revenue in the near future.
Global One-off Chopsticks Market Segmentation:
Segmentation by product outlook:
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Besta Bamboo Machine Co., Ltd.
- Pacific East Company
- Ngoc Chau Enterprise Pte
- Nanchang Sanyou Industrial Co., Ltd.
- Nine Zero Trade & Development Limited (Panda)
- Dom Agri Products
- Bamboo Forever Co., Ltd
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