|08-07-2018 04:42 PM CET - Business, Economy, Finances, Banking & Insurance||
One-off Chopsticks Market Size, Emerging Technological Advancement 2018-2027
Press release from: Fact.MR
PR Agency: Fact.MR
Global One-Off Chopsticks Market to Expand on Account of Acceptance of Regional Food Trends Globally
The global market for one-off chopsticks has been expanding at a robust rate on account of the acceptance of regional food trends across the globe. Chopsticks were historically used in China, Korea, Singapore, Malaysia, Vietnam, and Laos, and are still an important part of the food habits of the people in these countries. However, due to the growth of globalization, food cultures and habits have also pervaded across the length and breadth of the globe. Owing to this factor, the global demand for one-off chopsticks has escalated by leaps and bounds in recent times, and is expected to further increase over the forthcoming years. One-off chopsticks are joined together at one end for the ease of handling them, and this form of chopsticks has been acquired across the food industry of several regions. Furthermore, these chopsticks are easy to store and transport as there are no hassles of keeping the pairs intact.
A report by FactMR predicts the growth graph of the global market for one-off chopsticks over the forthcoming years. The report analyses the external forces operating in the global market and equilibrates them with the intrinsic factors of the market. Since the market for one-off chopsticks is closely related to the food industry, the report also analyses the later to get a holistic view of the market.
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Popularity of Chinese Cuisines Bolsters Market Demand
The last decade has witnessed an increasing popularity of Chinese cuisines across the globe, so much so, that there is an influx of Chinese restaurants and food kiosks in several countries. The popularity of Chinese cuisines has directly contributed towards the growth of the global market for one-off chopsticks and has created tremendous opportunities for market vendors. Furthermore, the convenience and ease of eating with one-off chopsticks as against separate chopsticks has also led to the growth of the global market. One-off chopsticks are usually made of wood or bamboo, and hence, they can be easily recycled. This is another key standpoint for the growth of the global one-off chopsticks market in the contemporary times. As people become increasingly aware of the usage of chopsticks, the demand within the global market is expected to experience an uptick.
Efforts to Prevent Deforestation to Hamper Market Growth
Since one-off chopsticks are usually made of wood, large amounts of forest wood is used up in producing them. The recent awakening of governments as well as the masses towards the ill-effects of deforestation has resulted in bans on the use of forest wood for manufacturing one-off chopsticks. This is expected to be a setback for the global market for one-off chopsticks, and may create hindrances for the growth of market players. Furthermore, the high costs of chopsticks made of stainless steel are also a restraint to the growth of the global market. Plastic chopsticks, on the other hand, are not preferred due to the environmental degradation caused by these chopsticks. Nevertheless, the promotion and marketing efforts of the food industry is expected to give a push to the growth of the global one-off chopsticks market.
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Some of the key players in the global market for one-off chopsticks are Pacific East Company, Nanchang Sanyou Industrial Co. Ltd., and Ngoc Chau Enterprise Pte.
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This release was published on openPR.
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