Biodegradable Disposable Tableware Market

Biodegradable Disposable Tableware Market Size Analysis

According to a recent survey conducted by ChemView Consulting, the Global Biodegradable Disposable Tableware Market grew at a CAGR of 5.5% between 2017-2021 and is estimated to be US$ 7,945.6Mn in 2022. Currently, the market is anticipated to grow at a CAGR of 6.0% and is expected to reach a valuation of US$ 14,229.4Mn by 2032 end.

Disposable tableware made of biomaterial is portable, hygienic, and lightweight. Biodegradable disposable tableware is a good option for the food service business since it is less expensive than glass tableware, which can be tricky to manage. Customers realize that greener will benefit the environment and that using packaging made of biodegradable materials will appeal to their sensibilities.

Additionally, it enables companies to position themselves as eco-friendly brands and reduce their environmental impact. This is expected to open up chances for businesses to embrace green practices and gain a competitive edge without sacrificing the quality of their products.

Market Dynamic

E-RETAIL CHANNELS LIKELY TO AUGMENT THE BIODEGRADABLE DISPOSABLE TABLEWARE MARKET GROWTH

Providing customers with easy access to finished goods is one of the requirements for growing the consumer base. The internet is commonly used for this. By reducing players in the supply chain and improving cost-effectiveness, the online channel company increases profit for the end customers.

Costs are reduced, which leads to an abundant supply of goods. Therefore, to increase the supply-side driver, producers and suppliers of biodegradable disposable dinnerware sell their products through their platforms or other e-Commerce supply chains.

The makers may be able to supply comprehensive information about the products with the help of brand promotion on online retailers.

CHALLENGES ASSOCIATED WITH BIODEGRADABLE PLASTICS TO LIMIT THE USE OF BIOPLASTICS

Products’ ability to biodegrade is highly dependent on the environment. Decomposition can occur in various settings, including soil, the ocean, industrial composting, etc. Composting is the method of choice for biodegradation, followed by landfill, soil, freshwater, marine water, etc.

The Biodegradable Polymers Institute in the United States conducted studies on one specific brand and discovered that temperature and humidity significantly impact how quickly biodegradable plastics break down. In cold conditions, the pace of decomposition is slow.

ECO-FRIENDLY PACKAGING SOLUTIONS GAIN MOMENTUM

The biodegradable disposable tableware market is predicted to increase due to the sustainable packaging solutions employed by various sectors. The demand for environmentally friendly packaging has grown with the expansion of numerous sectors. Rising environmental awareness and regulatory restrictions from multiple governments have promoted ecologically friendly packaging materials.

The biggest issue for the government is ineffective trash management as the world’s usage of plastic increases. The European Union’s recently passed single-use plastics legislation is anticipated to promote the use of biodegradable materials.

Since products are constructed of bioplastics and recyclable paper & paperboard that do not harm the environment, this presents a chance for expanding the biodegradable disposable tableware market.

Market Segments Covered in Report

By Product:

• Plates
• Bowls
• Cups
• Trays
• Cutlery

By Packaging Application:

• Food
• Fresh-cut Fruits & Vegetables
• Processed Food Products
• Ready-to-Eat Meals
• Soups
• Other Foods
• Beverages
• Carbonated Beverages
• Non-carbonated Beverages

By Material:

• Pulp & Paper
• Bioplastics
• Starch-based Bioplastic
• Polylactic Acid (PLA)
• Polybutylene Succinate (PBS)
• Polyhydroxybutyrate (PHB)
• Others (PHA, etc.)

By End-Use:

• Commercial Use
• Full-Service Restaurants
• Quick Service Restaurants
• Catering
• Others (cafes, Lounges, etc.)
• Institutional Use
• Household Use

By Region and Country:

• North America (U.S., Canada)
• Latin America (Brazil, Mexico, Rest of Latin America)
• Europe (Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, Rest of Europe)
• Asia-Pacific (China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Rest of Asia-Pacific)
• Middle East (Saudi Arabia, Turkey, UAE, Rest of Middle East)
• Africa (South Africa, Nigeria, Egypt, Rest of Africa)

Segment-Wise Analysis

Which product is increasing in its demand in the anticipated period?

The plates category dominates the market. As a result of the availability of various types of designs, it is anticipated to maintain its share during the forecast period. Furthermore, disposable paper plates are secure and practical compared to reusable plates that must be cleaned and dried after each use. Dinnerware consisting of paper pulp, such as plates, bowls, cups, trays, and other things, is frequently thrown away. They are commonly utilized since they are biodegradable and kind to the environment.

Region-Wise Analysis

The regions analyzed for the market include North America, Europe, Latin America, Asia Pacific, Middle East, and Africa.

• With a market share of 38.0%, consumers’ awareness of and propensity to purchase items that benefit the environment is anticipated to keep demand for biodegradable disposable tableware in Europe strong over the long term. Order from the food service sector considerably impacts the market for biodegradable disposable dinnerware.
• In North America, the demand for biodegradable disposable dinnerware from cafes, restaurants, takeaways, and consumers on the go is predicted to increase. The need for biodegradable disposable tableware in Asia is also expected to rise due to increased demand for packaged foods and online food deliveries.

Competition Analysis

The leading competitors in the market for biodegradable disposable dinnerware account for 15–20% of global output. The major market players are concentrating on diversifying their product lines, becoming global, and developing new products quickly to obtain a competitive edge.

The recent developments in the Global Biodegradable Disposable Tableware Market:

• In August 2022, a leading manufacturer of tissue, pulp, packaging, and building supplies, Georgia Pacific increased the size of its operations and company in Clarendon County to meet growing client demand and boost production.
• In February 2022, Chuk, a compostable food service ware manufacturer, and Blinkit collaborated to produce disposable dinnerware manufactured from sustainable, plant-based materials. Chuk could reach the B2C sector with the assistance of the partnership. Additionally, it would allow Blinkit to expand its network of dark storefronts.

A list of some of the key suppliers present in the market are:

• Huhtamäki Oyj
• Lollicup USA Inc.
• Vegware Ltd.
• Dart Container Corporation
• Solia, Inc.
• Hefty
• Dixie Consumer Products LLC
• Duni AB
• Graphic Packaging International, LLC
• Pacovis AG
• Papstar GmbH
• Dispo International
• Genpak LLC
• Natural Tableware
• Eco-Products, Inc.

Report Coverage and Highlights

• Our comprehensive, data-backed, and facts-oriented report provides niche and cross-sectional analysis at global and country levels.
• Assessment of the historical (actual data) and current market size (2017-2021), market projections (2022-2032), and CAGR.
• The market assessment across North America, Europe, East Asia, South Asia & Pacific, Latin America, Middle East, and Africa.
• Competitive tactical intelligence, key strategies adopted by top players, production capacity and company shares analysis, product brand surveys, and export-import analysis
• Pricing analysis to set and benchmark your current or future offerings across each product type helps you understand whether your pricing strategy is aligned with market expectations and can be compared to market disruptions.
• Predictions on critical supply and demand trends and technological expertise needed to address operations scalability.
• Consumer behavior shifts and their implications for players, list of end-users, and their consumption analysis.
• Key drivers, restraints, opportunities, and emerging trends impacting the market growth.
• Value chain analysis (list of manufacturers, distributors, end-users, and average profitability margins).
• Strategic market analysis, recommendations, and future headways on crucial winning strategies.