Biodegradable Cutlery Market Size 2017 At More Than High CAGR By 2027 | TechSci Research

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Biodegradable Cutlery Market

Increasing consumer awareness regarding the harmful effects of non-biodegradable products and growing demand for eco-friendly, secure, and sustainable cutlery is expected to drive the market during the forecast period.

According to TechSci Research report, “Biodegradable Cutlery Market– Global Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2017-2027F”, Global Biodegradable Cutlery Market is forecast to register an impressive rate during the forecast period as biodegradable cutlery is portable, hygienic, and lightweight. Biodegradable disposable cutlery is a good option for the food service industry because it is less expensive than glass tableware, which can be tricky to handle. Customers realize that going greener can benefit the environment and that using packaging made of biodegradable materials will appeal to their sensibilities. Additionally, it enables companies to establish themselves as eco-friendly brands and reduce their environmental impact. This is expected to open up opportunities for businesses to adopt green strategies and gain a competitive edge without sacrificing the quality of their products.

The biodegradable cutlery market is expected to grow owing to the sustainable packaging solutions adopted by various industries. The demand for environment-friendly packaging has increased with the expansion of numerous industries. Increasing environmental awareness and regulatory guidelines from multiple governments have led to an inclination toward environmentally friendly packaging materials. The primary issue for the government is ineffective waste management as the world’s consumption of plastic increases. The European Union’s recently passed single-use plastics directive is likely to promote the use of biodegradable materials.

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The biodegradable cutlery market is segmented based on the product type, raw material, end-user, distribution channel, region, and competitive landscape. In terms of product type, the global biodegradable cutlery market is segmented into spoon, knife, fork, plates, and others. Among which, the plates product type dominated the market in 2021, owing to sustainable and regenerative plants, including sugar cane (bagasse), corn and potato starches, and various vegetable oils, which are used to make biodegradable plates. Biodegradable plates are produced using environment-friendly, sustainable methods, so neither the manufacturing process nor the finished product contains any toxins.

In terms of raw materials, the global biodegradable cutlery market is segmented into wood, husk, paper, plastic, and others. The plastic segment is expected to account for the majority of market share in global biodegradable cutlery market in value terms. Owing to the high adoption of biodegradable plastic cutlery by online food retail chains and strict government initiatives to promote biodegradable cutlery to avoid the risk of environmental pollution, biodegradable plastic cutlery is expected to grow significantly during the forecast period.

In terms of end-user, the global biodegradable cutlery market is segmented into hotels, hospitals, restaurants, catering services, and others. Among which, the hotel segment dominated the global biodegradable cutlery market in 2021. Hotels are using biodegradable cutlery to give guests a sustainable option for eating their meals. Utilizing biodegradable cutlery has advantages for the environment such as the preservation of natural resources. Additionally, using biodegradable cutlery can help hotels produce less waste overall.

In terms of distribution channels, the global biodegradable cutlery market is segmented into offline and online. Among which, the online segment dominated the global biodegradable cutlery market in 2021. To increase the supply-side driver, producers and suppliers of biodegradable disposable tableware sell their products through their platforms or other e-Commerce supply chains. The manufacturers may be able to provide comprehensive information about the products with the help of brand promotion on online retailers.

In terms of region, the global biodegradable market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Owing to consumer awareness and propensity to purchase products that benefit the environment, the demand for biodegradable disposable tableware in Europe is predicted to be healthy in the long run. The food service industry’s demand has a significant impact on the market for biodegradable disposable tableware.

Key Market Players in the Biodegradable Cutlery Market include:

  • Blasso, LLC.
  • Greenwood (Dalian) Industrial Co., Ltd.
  • BeGreen Packaging LLC.
  • Aevia Ideas, Inc.
  • WoodAble
  • Greenprint
  • WorldCentric
  • Papelyco
  • Ecoware Solutions Pvt. Ltd.
  • Biopac UK Ltd. 

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“Rising consumer awareness of the harmful effects of using non-biodegradable products is driving market growth. In addition, the market is expanding as a result of favorable government regulations that discourage the use of plastic cutlery and other products. Owing to the significant expansion of the food and beverage industry, there is an increasing demand for eco-friendly and sustainable cutlery in restaurants, fast food outlets, and hotels worldwide. Additionally, disposable cutlery is a convenient option for parties, picnics, and other gatherings. Moreover, biodegradable cutlery has the added benefit of having very less adverse effect on the environment.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

Biodegradable Cutlery Market– Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 Segmented By Product Type (Spoon, Knife, Fork, Plates, and Others), By Raw Material (Wood, Husk, Paper, Plastic, and Others), By End User (Hotels, Hospitals, Restaurants, Catering Services, and Others), By Distribution Channel (Offline Vs. Online), By Region, By Competition”, has evaluated the future growth potential of biodegradable cutlery market globally and provides statistics and information on market structure, size, share, and future growth. The report provides cutting-edge market intelligence and helps decision-makers to make sound investment decisions. Besides, the report also identifies the emerging trends along with essential drivers, challenges, and opportunities present in the biodegradable cutlery market.

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