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Global Compostable Tableware Market is Projected to Surpass USD 300 Million By the End of 2030 with a Growing CAGR of 7.21% | Infinium Global Research
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Key Insights from the Report:
Environmentally Responsible Solutions: Valued at USD 260 million in 2022, the compostable tableware market is expected to surge to USD 300 million by 2030, showcasing a robust CAGR of 7.21% during the forecast period (2023-2030). Compostable tableware products, primarily used for serving food, offer biodegradability and contribute valuable nutrients to the soil, aiding the growth of plants and trees upon decomposition. Made from renewable resources like palm leaves, bagasse, bamboo, and cornstarch-based PLA plastic, these eco-friendly tableware items are sturdy enough to handle hot or cold food and effortlessly biodegrade after use.
Rising Demand and Environmental Awareness: The escalating consciousness about the detrimental impact of plastic pollution on aquatic and aerial life has fueled the demand for compostable tableware. Fast-food restaurants and cafeterias are increasingly opting for sustainable and eco-friendly cutlery, propelling market growth. While compostable disposables offer the convenience of single-use plates and cutlery, their use significantly reduces negative ecological impacts. However, challenges such as lack of awareness about their benefits and the higher cost compared to traditional disposables impede market growth.
Global Market Dynamics and Regional Trends: North America holds a substantial share in the compostable tableware market due to increasing demand from the food service sectors and supportive governmental regulations. The Asia Pacific region, especially India, Japan, and China, is poised to witness the highest growth during the forecast period, driven by burgeoning markets and escalating environmental concerns.
Market Segmentation and Profiles: The report segments the global compostable tableware market based on type and end-use, encompassing a range of products from bowls, cups, and containers to spoons and dishware. Additionally, it provides insightful profiles of key companies in the market, including Ecoware, Intengine, Vegware Ltd, Pakka Limited, and others.
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Table of Content
Chapter 1. Preface
1.1. Report Description
1.2. Research Methods
1.3. Research Approaches
Chapter 2. Executive Summary
2.1. Compostable Tableware Market Highlights
2.2. Compostable Tableware Market Projection
2.3. Compostable Tableware Market Regional Highlights
Chapter 3. Global Compostable Tableware Market Overview
3.1. Introduction
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.3. Porter`s Five Forces Analysis
3.4. IGR-Growth Matrix Analysis
3.4.1. IGR-Growth Matrix Analysis by Type
3.4.2. IGR-Growth Matrix Analysis by End-use
3.4.3. IGR-Growth Matrix Analysis by Region
3.5. Value Chain Analysis of Compostable Tableware Market
Chapter 4. Compostable Tableware Market Macro Indicator Analysis
Chapter 5. Company Profiles and Competitive Landscape
5.1. Competitive Landscape in the Global Compostable Tableware Market
5.2. Companies Profiles
5.2.1. Ecoware
5.2.2. Intengine
5.2.3. Vegware Ltd
5.2.4. Pakka Limited
5.2.5. CHUK
5.2.6. BIOTREM SP. Z O. O
5.2.7. Minima Technology Co., Ltd.
5.2.8. Fabri-Kal
5.2.9. Eco-gecko Products Inc.
5.2.10. VerTerra Dinnerware
Chapter 6. Global Compostable Tableware Market by Type
6.1. Bowl and Lids
6.2. Cups and Lids
6.3. Portion Cups and Lids
6.4. Containers and Lids
6.5. Plates
6.6. Reusable Dishware
6.7. Straw and Cup Sleeves
6.8. Compostable Spoons
6.9. Other Types
6.10. Other Types
Chapter 7. Global Compostable Tableware Market by End-use
7.1. Household
7.2. Food Joints & Takeaways
7.3. Hotels & Restaurant
7.4. Other End-use
Chapter 8. Global Compostable Tableware Market by Region 2023-2030
8.1. North America
8.1.1. North America Compostable Tableware Market by Type
8.1.2. North America Compostable Tableware Market by End-use
8.1.3. North America Compostable Tableware Market by Country
8.1.3.1. The U.S. Compostable Tableware Market
8.1.3.1.1. The U.S. Compostable Tableware Market by Type
8.1.3.1.2. The U.S. Compostable Tableware Market by End-use
8.1.3.2. Canada Compostable Tableware Market
8.1.3.2.1. Canada Compostable Tableware Market by Type
8.1.3.2.2. Canada Compostable Tableware Market by End-use
8.1.3.3. Mexico Compostable Tableware Market
8.1.3.3.1. Mexico Compostable Tableware Market by Type
8.1.3.3.2. Mexico Compostable Tableware Market by End-use
8.2. Europe
8.2.1. Europe Compostable Tableware Market by Type
8.2.2. Europe Compostable Tableware Market by End-use
8.2.3. Europe Compostable Tableware Market by Country
8.2.3.1. Germany Compostable Tableware Market
8.2.3.1.1. Germany Compostable Tableware Market by Type
8.2.3.1.2. Germany Compostable Tableware Market by End-use
8.2.3.2. United Kingdom Compostable Tableware Market
8.2.3.2.1. United Kingdom Compostable Tableware Market by Type
8.2.3.2.2. United Kingdom Compostable Tableware Market by End-use
8.2.3.3. France Compostable Tableware Market
8.2.3.3.1. France Compostable Tableware Market by Type
8.2.3.3.2. France Compostable Tableware Market by End-use
8.2.3.4. Italy Compostable Tableware Market
8.2.3.4.1. Italy Compostable Tableware Market by Type
8.2.3.4.2. Italy Compostable Tableware Market by End-use
8.2.3.5. Rest of Europe Compostable Tableware Market
8.2.3.5.1. Rest of Europe Compostable Tableware Market by Type
8.2.3.5.2. Rest of Europe Compostable Tableware Market by End-use
8.3. Asia Pacific
8.3.1. Asia Pacific Compostable Tableware Market by Type
8.3.2. Asia Pacific Compostable Tableware Market by End-use
8.3.3. Asia Pacific Compostable Tableware Market by Country
8.3.3.1. China Compostable Tableware Market
8.3.3.1.1. China Compostable Tableware Market by Type
8.3.3.1.2. China Compostable Tableware Market by End-use
8.3.3.2. Japan Compostable Tableware Market
8.3.3.2.1. Japan Compostable Tableware Market by Type
8.3.3.2.2. Japan Compostable Tableware Market by End-use
8.3.3.3. India Compostable Tableware Market
8.3.3.3.1. India Compostable Tableware Market by Type
8.3.3.3.2. India Compostable Tableware Market by End-use
8.3.3.4. South Korea Compostable Tableware Market
8.3.3.4.1. South Korea Compostable Tableware Market by Type
8.3.3.4.2. South Korea Compostable Tableware Market by End-use
8.3.3.5. Australia Compostable Tableware Market
8.3.3.5.1. Australia Compostable Tableware Market by Type
8.3.3.5.2. Australia Compostable Tableware Market by End-use
8.3.3.6. Rest of Asia-Pacific Compostable Tableware Market
8.3.3.6.1. Rest of Asia-Pacific Compostable Tableware Market by Type
8.3.3.6.2. Rest of Asia-Pacific Compostable Tableware Market by End-use
8.4. RoW
8.4.1. RoW Compostable Tableware Market by Type
8.4.2. RoW Compostable Tableware Market by End-use
8.4.3. RoW Compostable Tableware Market by Sub-region
8.4.3.1. Latin America Compostable Tableware Market
8.4.3.1.1. Latin America Compostable Tableware Market by Type
8.4.3.1.2. Latin America Compostable Tableware Market by End-use
8.4.3.2. Middle East Compostable Tableware Market
8.4.3.2.1. Middle East Compostable Tableware Market by Type
8.4.3.2.2. Middle East Compostable Tableware Market by End-use
8.4.3.3. Africa Compostable Tableware Market
8.4.3.3.1. Africa Compostable Tableware Market by Type
8.4.3.3.2. Africa Compostable Tableware Market by End-use
More Insights on this report, Speak to Our Analyst: https://www.infiniumglobalresearch.com/market-reports/enquiry/342
Reasons to Buy this Report:
=> Comprehensive analysis of global as well as regional markets of compostable tableware.
=> Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2030.
=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand, and/or diversify.
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Infinium Global Research is a business consulting and market research firm; a group of experts that caters to fulfilling the business and market research needs of leading companies in various industry verticals and business segments. The company also serves government bodies, institutes, and non-profit/non-government organizations to meet their knowledge and information needs.
Through our information services and solutions, we assist our clients to improve their performance and assess the market conditions to achieve their organizational goals. Our team of experts and analysts are engaged in continuously monitoring and assessing the market conditions to provide knowledge support to our clients. To help our clients and to stay updated with the advances and inventions in technology, business processes, regulations, and the environment, Infinium often conducts regular meetings with industry experts and opinion leaders. Our key opinion leaders are involved in monitoring and assessing the progress in the business environment, so as to offer the best opinion to our clients.
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