Press release
One-off Chopsticks Market 2023 | Worth US$ 26.85 Billion by 2028| Growth Rate (CAGR) of 5.30% | IMARC Group
The latest research study "One-off Chopsticks Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" by IMARC Group, finds that the global one-off chopsticks market size reached US$ 18.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 26.85 Billion by 2028, exhibiting a growth rate (CAGR) of 5.30% during 2023-2028.One-off chopsticks represent an equally leveled pair of sticks that are held in one hand between thumb and fingers as traditional kitchen cutlery to eat several dishes. They are manufactured by using various hues and materials, including bamboo, aspens, wood, etc. One-off chopsticks help in improving memory and are beneficial to learn or refine distinct attributes, such as painting, coordination, and character printing, upturn finger dexterity, lower glycemic food index, etc. In line with this, one-off chopsticks are also cost-effective, biodegradable, compostable, etc. Consequently, they are gaining extensive traction as dining utensils. Presently, one-off chopsticks are commonly available in varying materials and styles, including geometric designs.
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We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
One-off Chopsticks Market Trends and Drivers:
The inflating need for high-quality kitchen utensils at an affordable price is among the primary factors driving the one-off chopsticks market. Besides this, the escalating demand for Asian cuisines, particularly among the millennial population, and the increasing number of quick-service (QSRs) and fast-food chains are further augmenting the market growth. Moreover, the growing popularity of one-off chopsticks, owing to their numerous benefits, such as recyclable nature, low cost, appealing designs, etc., and the implementation of regulations by government bodies are also catalyzing the global market. Apart from this, as compared to conventional counterparts, one-off chopsticks are composed of bamboo rather than plastics or stainless steel, thereby making them eco-friendly and easy to dispose. Furthermore, the widespread adoption of aspen, birch, bamboo, and other materials to manufacture these traditional cutleries and the expanding food and beverage (F&B) industry are expected to bolster the one-off chopsticks market in the coming years.
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One-off Chopsticks Market 2023-2028 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
• Nanchang Sanyou Eco Technology Co. Ltd.
• Ngoc Chau Enterprise Pte and Pacific East Company
Breakup by Product Type:
• Bamboo
• Plastic
• Aspen Wood
• Stainless Steel
Breakup by Application:
• Household
• Commercial
Breakup by Distribution Channel:
• Supermarkets and Hypermarkets
• Departmental Stores
• E-Commerce
• Others
Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/one-off-chopsticks-market
Breakup by Region:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa
Key highlights of the report:
• Market Performance (2017-2022)
• Market Outlook (2023- 2028)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
Browse Other Reports by IMARC Group:
• https://www.imarcgroup.com/bioprocess-validation-market
• https://www.imarcgroup.com/time-of-flight-sensor-market
• https://www.imarcgroup.com/virtual-reality-content-creation-market
• https://www.imarcgroup.com/metachromatic-leukodystrophy-market
• https://www.imarcgroup.com/managed-mpls-market
Contact Us:
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Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
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About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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