The Global Biodegradable Cutlery Market size is expected to reach $65.7 million by 2030, rising at a market growth of 6.8% CAGR during the forecast period. In the year 2022, the market attained a volume of 2,044.8 thousand units experiencing a growth of 6.5% (2019-2022).
Paper cutlery is lightweight and convenient for various settings, including picnics, parties, food trucks, and other events. They offer ease of use and disposal without compromising on functionality. Consequently, the paper segment would generate approximately 20.06% share of the market by 2030. The availability and accessibility of paper cutlery in retail outlets, online platforms, and food service establishments contribute to its increasing demand. Its widespread availability makes it easier for consumers to choose eco-friendly options. Some of the factors affecting the market are increasing bans and restrictions on the use of disposable plastics, significant expansion in the hospitality and tourism sector, and high cost of biodegradable cutlery.
The sustainability movement is experiencing widespread adoption as the public and private sectors begin implementing and overseeing sustainability initiatives. Consumers regard sustainability as an essential determinant in their purchasing decisions, which extends to cutlery and tableware. Governments worldwide have implemented various regulatory initiatives to reduce the use of disposable plastics, aiming to mitigate environmental pollution and promote sustainable practices. Hence, these initiatives and regulations significantly support the growth of the market. Furthermore, the expansion of the hospitality and tourism sector is the primary driver of the market, as it generates an increasing need for environmentally responsible solutions and sustainable practices. Hence, the market is experiencing growth with the expanding tourism and hospitality sectors.
However, the higher production costs associated with biodegradable materials than traditional plastics often deter businesses and consumers from fully embracing these eco-friendly alternatives. Manufacturing biodegradable materials, especially those derived from renewable sources or innovative formulations, tends to involve higher expenses in raw materials, processing, and production techniques. Hence, the higher price point of biodegradable cutlery hinders the market's growth.
On the basis of raw material, the market is divided into wood, husk, paper, plastic, and others. The wood segment recorded the largest revenue share in the market in 2022. Like other single-use spoons, forks, and blades, disposable wooden utensils are frequently available in fast-food and fast-casual dining establishments. They are utilized in-house and incorporated into takeaway orders. The transition towards organic and natural lifestyles is a notable development anticipated to expand the demand for wooden cutlery.
Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The Asia Pacific region generated a substantial revenue share in the market in 2022. Asia-Pacific is expected to experience rapid growth during the forecast period due to the proliferation of restaurants and culinary establishments and the implementation of stringent plastic ban regulations in countries including China, India, and Australia. In Eastern Asian countries such as Japan, China, and others, the age-old practice of employing wooden cutlery, including chopsticks, has increased the regional availability of biodegradable implements.
| Report Attribute | Details |
|---|---|
| Market size value in 2022 | USD 39 Million |
| Market size forecast in 2030 | USD 65.7 Million |
| Base Year | 2022 |
| Historical Period | 2019 to 2021 |
| Forecast Period | 2023 to 2030 |
| Revenue Growth Rate | CAGR of 6.8% from 2023 to 2030 |
| Number of Pages | 190 |
| Number of Table | 370 |
| Quantitative Data | Volume in Thousand Units (Pack of 100), Revenue in USD Thousand, and CAGR from 2019 to 2030 |
| Report coverage | Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Porter’s 5 Forces Analysis, Company Profiling, Companies Strategic Developments, SWOT Analysis, Winning Imperatives |
| Segments covered | Raw Material, Region |
| Country scope |
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| Companies Included | Huhtamaki Oyj, Pactiv Evergeen Inc., Vegware Ltd. (Novolex), Biotrem, Biopak (Duni AB), Genpak, LLC (Great Pacific Enterprises, Inc.), TIPA Corp. Ltd., Ecoware, Better Earth LLC, Eco Guardian Inc. |
| Growth Drivers |
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| Restraints |
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Free Valuable Insights: Global Biodegradable Cutlery Market size to reach USD 65.7 Million by 2030
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Huhtamaki Oyj, Pactiv Evergeen Inc., Vegware Ltd.(Novolex), Biotrem, Biopak(Duni AB), Genpak, LLC (Great Pacific Enterprises, Inc.), TIPA Corp. Ltd. , Ecoware , Better Earth LLC , Eco Guardian Inc.
By Raw Material (Volume, Thousand Units (Pack of 100), USD Thousand, 2019-2030)
By Geography (Volume, Thousand Units (Pack of 100), USD Thousand, 2019-2030)
This Market size is expected to reach $65.7 million by 2030.
Increasing bans and restrictions on the use of disposable plastics are driving the Market in coming years, however, High cost of biodegradable cutlery restraints the growth of the Market.
Huhtamaki Oyj, Pactiv Evergeen Inc., Vegware Ltd.(Novolex), Biotrem, Biopak(Duni AB), Genpak, LLC (Great Pacific Enterprises, Inc.), TIPA Corp. Ltd. , Ecoware , Better Earth LLC , Eco Guardian Inc.
In the year 2022, the market attained a volume of 2,044.8 thousand units experiencing a growth of 6.5% (2019-2022).
The Europe region dominated the Market, By Region in 2022 thereby, achieving a market value of $21.278 Million by 2030, growing at a CAGR of 6 % during the forecast period.
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