What is Global Paper-Pulp based Disposable Tableware Market?
The Global Paper-Pulp based Disposable Tableware Market is a vast and dynamic sector that encompasses a wide range of products made from paper-pulp, which are designed for single-use. These products include disposable cups, plates, bowls, and trays. The market is driven by the increasing demand for convenient and eco-friendly alternatives to traditional tableware. The growing awareness about the harmful effects of plastic and other non-biodegradable materials on the environment has led to a surge in the demand for paper-pulp based disposable tableware. These products are not only biodegradable but also lightweight and easy to use, making them a popular choice for both commercial and household use.
Disposable Cups, Disposable Plates, Disposable Bowls, Disposable Trays in the Global Paper-Pulp based Disposable Tableware Market:
The Global Paper-Pulp based Disposable Tableware Market is segmented into various products such as disposable cups, plates, bowls, and trays. Disposable cups are the largest segment in this market, accounting for over 55% of the total market share. These cups are widely used in various commercial settings like restaurants, cafes, and offices, as well as in households. They are preferred for their convenience and ease of use. Disposable plates, bowls, and trays are also significant segments in this market. These products are commonly used in parties, picnics, and other social gatherings where washing dishes is not feasible. They are also used in fast food restaurants and takeaways where quick service is a priority.
Commercial, Household in the Global Paper-Pulp based Disposable Tableware Market:
The Global Paper-Pulp based Disposable Tableware Market finds extensive usage in both commercial and household sectors. In the commercial sector, these products are used in restaurants, cafes, offices, and other places where food and beverages are served. They are preferred for their convenience, as they eliminate the need for washing dishes. In the household sector, these products are used for parties, picnics, and other social gatherings. They are also used in homes where washing dishes is not feasible or convenient. The use of paper-pulp based disposable tableware in households is also driven by the growing awareness about the environmental impact of plastic and other non-biodegradable materials.
Global Paper-Pulp based Disposable Tableware Market Outlook:
The global Paper-Pulp based Disposable Tableware market has shown significant growth in recent years. In 2022, the market was valued at US$ 8746 million. It is projected to reach a value of US$ 12270 million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 4.9% during the forecast period from 2023 to 2029. The top three manufacturers in this market hold a share of about 30%. The largest segment in terms of product is Disposable Cups, which holds a share of over 55%. This data indicates the growing demand for paper-pulp based disposable tableware and the potential for further growth in the future.
Report Metric | Details |
Report Name | Paper-Pulp based Disposable Tableware Market |
Accounted market size in 2022 | US$ 8746 in million |
Forecasted market size in 2029 | US$ 12270 million |
CAGR | 4.9% |
Base Year | 2022 |
Forecasted years | 2023 - 2029 |
Segment by Type |
|
Segment by Application |
|
Consumption by Region |
|
By Company | Huhtamaki(Chinet), Graphic Packaging International, Dixie Consumer Products LLC, Dart(Solo), Hefty, Seda International Packaging Group, Hosti International, Lollicup USA, Bibo, VaioPak Group, CKF Inc, Solia, Exclusive Trade, Eco-Products, Duni, Sophistiplate, Swantex, Snapcups, Kap Cones, Arkaplast, Natural Tableware |
Forecast units | USD million in value |
Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |