The global disposable tableware market size was significantly robust in 2020 and is expected to register a steadily inclining revenue CAGR over the forecast period. Some key factors driving market revenue growth include rising demand for disposable tableware due to rapid urbanization, changing lifestyle, increasing sales of fast food and ready-to-eat meals, and rising preference for ordering food online and takeaways. Other key factors expected to continue to boost revenue growth of the market include increasing usage of biodegradable and eco-friendly tableware, increasing usage of disposable tableware for indoor and outdoor recreational activities such as house parties and social get-togethers, convenience of using these products, and increasing disposable income among consumers.
The disposable tableware market refers to the industry that produces and sells single-use or disposable plates, cups, utensils, and other tableware items that are designed to be discarded after use. This market has grown significantly in recent years due to the convenience and ease of use of disposable products, as well as their affordability and availability.
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Top 10 Profiled in the Global Disposable Tableware Market Report:
Ocean Glass Public Company Limited, Masterpiece, PrimeLink Solutions, JAM Paper, Ningbo Roff, Daily Chef, Arc International Tableware UK Ltd., Abert SpA, Lancaster Commercial Limited, Huhtamaki (Chinet), Dixie, Lollicup USA Inc., Solia USA, Natural Tableware, TrueChoicePack (TCP), CKF Inc., Letica Corporation, Eco-Products Inc., Taizhou Fuling Plastics Co. Ltd., Snapcups, Biopac, and Kap Cones Pvt. Ltd.
Revenue growth in the global consumer goods market is primarily due to factors such as the rapid increase in the world population, the growing demand for food and other essential goods, including healthcare & nutrition, personal care & hygiene, and electronic products. Consumer preferences and lifestyles are changing significantly, the demand for packaged and processed food and beverage products is rising, and the number of people working is increasing. There has been a rapid adoption of cutting-edge technologies such as artificial intelligence (AI), IoT (Internet of Things), big data analytics, robotics & automation in the consumer goods industry. Other key factors driving the growth of the global consumer goods market include a growing awareness of the adverse environmental impacts of plastic packaging and a growing demand for eco-friendly and sustainable packaging solutions. Rising income levels in developing economies such as India and stringent government regulations for product quality and safety are expected to boost market revenue growth in the near future.
Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
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Further market segmentation
Product Type Outlook (Revenue, USD Billion; 2018-2028)
- Disposable Clamshells
- Disposable Cups
- Disposable Plates
- Disposable Bowls
- Disposable Cutlery
- Others (Napkins, Placemats, etc.)
Material Type Outlook (Revenue, USD Billion; 2018-2028)
- Paper
- Plastic
- Bamboo
- Bioresin
- Others
End-use Outlook (Revenue, USD Billion; 2018-2028)
- Industrial
- Household
- Corporate Institutions
- Educational Institutions
- Foodservice Centers
- Restaurants
- Coffee Shops
- Sports Venues
- Others
Distribution Channel Outlook (Revenue, USD Billion; 2018-2028)
- Retail Stores
- E-commerce Platforms
- Others
Key Takeaways of the Global Disposable Tableware Market Report:
- A comprehensive overview of the global Disposable Tableware industry.
- Accurate market projections in terms of market size, share, and volume.
- Thorough study of the global market dynamics, such as major market revenue growth drivers, opportunities, threats, challenges, restraints, and future growth avenues.
- Deep-dive analysis of the upcoming market trends.
- Qualitative and quantitative analyses of the global Disposable Tableware market.
- Elaborate study of the leading regional markets in the global Disposable Tableware market.
- Complete overview of the market’s competitive landscape.
- Brief look at the company profiles and portfolios.
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