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Disposable Cutlery Market Expected to Achieve a Sustainable Growth Over 2028 | Key Players are Taizhou Fuling Plastics, Huhtamäki Oyj, Natural Tableware, etc.

05-14-2019 11:58 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

Disposable Cutlery Market Expected to Achieve a Sustainable

Fact.MR has actively published a new research study titled “Disposable Cutlery Market Expected to Achieve a Sustainable Growth Over 2028 | Key Players are Taizhou Fuling Plastics, Huhtamäki Oyj, Natural Tableware, etc.” to its broad online database. This assessment works to discourse the major trends, opportunities and drivers motivating the disposable cutlery market during the period from 2018-2028. The insights structured for presenting the target market are procured from both primary research and secondary research, and are utilized for validation that is valuable to investors, manufacturers and new entrants. As per research findings, the global disposable cutlery market is expected to showcase impressive growth at 4.7% CAGR during the period until 2028.

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Disposable cutlery includes disposable or single-use products usually offered in fast-food restaurants, airlines, catering services, outdoor events, take-away restaurants, etc. In recent times, biodegradable material-based disposable cutlery has become easily available in disposable cutlery market and is gaining much traction, owing to its myriad benefits. 

Manufacturers Innovate Novel Product Lines & Expand Facilities

Disposable cutlery market remains highly competitive with a number of players competing for market share. To capitalize on the growing demand for eco-friendly disposable cutlery and other products, manufacturers in disposable cutlery market are expanding their manufacturing facilities, while acquiring local counterparts to gain a competitive edge. Further, many companies are inducing innovation in their environment-friendly disposable cutlery manufacturing processes to cater to the evolving end-user preferences.

The continuous tussle to offer economical eco-friendly disposable cutlery is enabling manufacturers in disposable cutlery market to leverage technology to attract consumers seeking greener products. Also, disposable cutlery manufacturers are diversifying business capabilities to gain a better foothold in disposable cutlery market, while they focus on recycling products to manufacture disposable cutlery to increase profit margins. The brimming potential opportunities in green products are prompting manufactures to add a pinch of uniqueness in their offerings to extend customer outreach. Some of the notable developments in disposable cutlery market include:

Biopac UK Ltd, a leading developer and supplier of eco-friendly, plastic free catering disposables, has introduced a novel line of disposable cutlery composed of renewable cornstarch, which can be seamlessly disposed of through industrial composting.
The world's largest manufacturer of foam cups and containers, Dart Container Corporation, has started a novel line of ‘Cheeky’ products, which deals in colored disposable cutlery, paper bowls and plates, and cup will lid
Another leading players in disposable cutlery market - Anchor Packaging Inc. - has introduced a new reusable and recyclable product line specifically dedicated to disposable cutlery, ‘Culinary Classics’, which offers a range of redesigned products available with hinged lid.
Browse Full Report on Market with TOC - https://www.factmr.com/report/3051/disposable-cutlery-market

Some of the leading players mentioned in the Fact.MR report on global disposable cutlery market include –  Dixie Consumer Products, Taizhou Fuling Plastics, Huhtamäki Oyj, Natural Tableware, Lollicup (USA), Pactiv LLC, Dart Container Corporation, Eco-Products, Biopac UK Ltd, Fast Plast A/S, Novolex Holdings, Inc., DOpla S.p.A., Genpak, LLC, Hosti International, Duni, D&W Fine Pack LLC, Gold Plast SpA, FLO sPa, Reynolds Consumer Products (Hefty), Georgia-Pacific LLC, Hotpack Group, Anchor Packaging Inc., Vegware Ltd, Snapcups, and DOpla.

End-User Preference for Lightweight Green Alternatives Growing

The evolving end-user preference for lightweight and eco-friendly disposable commodities is prompting disposable cutlery manufacturers in disposable cutlery market to innovate their operations and expand their existing facilities to lure in extensive on-the-move food consumers. They are specifically focusing on Earth advocates, who are always in the pursuit of green products. Additionally, the functional attributes of disposable cutlery, including easy storage, light weight, user-convenience, low costs, food hygiene, and takeaway features, continue to create opportunities for disposable cutlery manufacturers, thereby bringing traction to the disposable cutlery market.

Wood-Based Disposable Cutlery Takes Center Stage

In recent time, disposable cutlery market has witnessed a shift in demand for biodegradable disposable cutlery composed of wood, owing to stringent regulations and laws prohibiting use of plastic-based disposable cutlery. In compliance with constant regulations, several fast-food operators and other snack chains have started serving food in eco-friendly, green disposable cutlery composed of wood, which in turn is creating opportunities for wood-based disposable cutlery manufacturers to tap. For instance, snacking giants McDonald's, KFC, and several other fast food chains have shunned plastic straws and disposable cutlery from their facilities across several countries, such as France, India, and Singapore, etc. in 2018. These snack chains have replaced plastic disposable straws and cutlery with paper straws and wood-based disposable cutlery, as a part of their initiative to promote go–green practices.

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About FactMR

FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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