Press release
Biodegradable Tableware Market Brief Forecast and Analysis by Top Key Players to 2030
Growth of the food service industry globally is expected to drive demand for biodegradable disposable tableware . The explosive growth of quick-service restaurants and takeaway systems is expected to create a huge demand for disposable tableware.
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Huhtamäki Oyj, Graphic Packaging International, LLC and Dart Container Corporation are the top players operating in the biodegradable disposable tableware market. In addition, Vegware Ltd, Lollicup USA Inc., Solia, Inc., Hefty, Dixie Consumer Products LLC, Duni AB, Pacovis AG, Papstar GmbH, Dispo International, Genpak LLC, Natural Tableware and Eco-Products, Inc. are other prominent companies. . Players in the biodegradable disposable tableware market.
Increasing awareness of the benefits of sustainable products has fueled the market in recent years. They are made from bio-based plastics, paper and cardboard, and wood and are completely biodegradable. It is expected that more and more restaurants, cafeterias and food establishments will choose this kind of tableware as they seek cost-effective waste management solutions.
The global Biodegradable Tableware Market is segmented in detail to cover all aspects of the market and to provide readers with complete market information.
product:
Dish
Bowl
cup
tray
cutlery
ingredient:
Pulp and Paper
bioplastic
Starch-based bioplastics
Polylactic acid (PLA)
Polybutylene Succinate (PBS)
Polyhydroxybutyrate (PHB)
Others (PHA, etc.)
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packaging applications:
food
fresh fruits and vegetables
processed food
quick meal
Soup
other food
drink
carbonated drink
non-carbonated drinks
end-use:
commercial use
full service restaurant
Quick Service Restaurants
catering
Others (cafe, lounge, etc.)
institutional
home use
Highlights of Biodegradable Disposable Tableware Market Research-
Paper and paperboard material accounted for more than two-thirds poised th of biodegradable disposable tableware market in 2030 Castle
The bio-based biodegradable plastics sector is gaining significant interest as these plastics are made from renewable resources instead of fossil fuels and reduce their carbon footprint. This sector is likely to witness a CAGR of 6.1% over the forecast period.
Trays are estimated to account for over 45% of the market share by value during the forecast period.
The food service industry is estimated to be the major end user of biodegradable disposable tableware and is expected to account for more than 60% of the global biodegradable disposable tableware market by 2030.
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Significant availability of raw materials to promote the production of biodegradable disposable tableware in the Asian economy
The production and availability of raw materials are important aspects to promote sustainable production of biodegradable disposable tableware and achieve economies of scale. Asian countries account for more than 40% of bio-based materials, including sugarcane and bamboo, used to manufacture biodegradable disposable tableware.
Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
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Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
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