The Biodegradable Cutlery Market is Predict to reach $65.7 Million by 2030, at a CAGR of 6.8%

Biodegradable Cutlery Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, 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). 

The Husk segment is registering a CAGR of 7.7% during (2023 - 2030). A husk can be an unexpectedly durable material resistant to substantial deterioration and has a lengthy lifespan. Rice husk tableware is among the most resilient types of biodegradable cutlery, capable of withstanding temperatures above 100 degrees Celsius without sustaining damage. This reusable tableware's 100% natural, smooth, glossy exterior is derived from the wax found in rice hulls.

The Europe region dominated the Global Biodegradable Cutlery 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. The North America region is experiencing a CAGR of 6.4% during (2023 - 2030). Additionally, The Asia Pacific region would exhibit a CAGR of 7.6% during (2023 - 2030).

Full Report: https://www.kbvresearch.com/biodegradable-cutlery-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country-wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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.

Global Biodegradable Cutlery Market Segmentation

By Raw Material (Volume, Thousand Units (Pack of 100), USD Thousand, 2019-2030)

• Wood
• Paper
• Plastic
• Husk
• Others

By Geography (Volume, Thousand Units (Pack of 100), USD Thousand, 2019-2030)

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Companies Profiled

• 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.

Related Reports:

North America Biodegradable Cutlery Market Size, Share, 2030

• December-2023
• 80 Pages

LAMEA Biodegradable Cutlery Market Size, Share & Trend, 2030

• December-2023
• 89 Pages

Europe Biodegradable Cutlery Market Size, Share & Growth 2030

• December-2023
• 88 Pages

Asia Pacific Biodegradable Cutlery Market Size Reports, 2030

• December-2023
• 89 Pages