Global Disposable Tableware Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028
The global disposable tableware market is anticipated to grow at a CAGR of 1.5% during the forecast period (2022-2028).It is a product that has the option of recycling after use. The major factor expected to drive the market growth is the increase in popularity of online retailing and the growing demand for smaller dishes, plates, and bowls. Furthermore, the rising demand for disposable tableware owing to rapid urbanization, increasing demand for fast food and ready-to-eat meals, rising preference for ordering food online and takeaways, and increasing usage of biodegradable and eco-friendly tableware are further propelling the growth of the market. The increasing usage of disposable tableware for indoor and outdoor recreational activities such as house parties and social get-togethers, the convenience of using these products, and increasing disposable income among consumers are further encouraging the growth of the global disposable tableware market during the forecast period.
Some major players in the market include Biopac UK Ltd., Georgia Pacific LLC, and Novolex Holdings, Inc., among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, new product launches, and collaborations, to stay competitive in the market. For instance, in November 2020, Life Pack a Colombia-based disposable dinnerware manufacturer announced the launch of its new eco-friendly plates made from pineapple crowns. Further, the company added that these plates can grow new pineapples if planted in soil and also added that the latest move is aimed at reducing global plastic waste.
Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Product Type
- By Material
- By Application
- By Distribution Channel
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape-Biopac UK Ltd., Georgia Pacific LLC, and Novolex Holdings, Inc., among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Disposable Tableware Market Report by Segment
By Product Type
- Disposal Cups
- Disposal Bowls
- Disposal Plates
- Disposal Containers
- Disposal Spoons
- Disposal Glass
- Disposal Straws
- Others
By Material
- Paper
- Plastic
- Bamboo
- Bio-Resin
- Others
By Application
- Residential
- Industrial
- Restaurants
- Cafes
- Quick Service
- Food Outlets
- Sports Venue
- Institutions
- Others
By Distribution Channel
- Hypermarkets/Supermarkets
- Convenience Stores
- Departmental Stores
- Online
- Others
The report will be delivered within 48-72 hours after payment confirmation