The global disposable cutlery market is boosted by the development of quick-service restaurants, that rely heavily on disposable packaging products for foodservice. Apart from cafes and restaurants, disposable cutlery is anticipated to observe lucrative growth opportunities from end-users such as catering, cinemas and other such places that offer on-the-go and ready-to-eat meals. Other factors that are expected to provide momentum to the market growth of disposable cutlery are augmented demand for gourmet coffee and specialty cold drinks.
MARKET DYNAMICS
There has been a substantial shift in the consumer consumption in the food and beverages industry. On an average, online food delivery sector in emerging countries such as India and China , offer more than 40% return on investment. This is leading to an intense rivalry across food delivery platforms among food service players, and ensuring lucrative opportunities for new food disposables and single-use cutleries. Increasing Consumer preference for takeaway or ready-to-eat food is growing particularly in emerging economies, attributable to the rising disposable incomes.
MARKET SCOPE
The "Global Disposable Cutlery Market Analysis to 2028"? is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the disposable cutlery with detailed market segmentation by product type, material, sales channel, end use industries. The global disposable cutlery market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading disposable cutlery market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global disposable cutlery market is segmented on the basis of product type into spoon, fork, knife. On the basis of material the disposable cutlery market is segmented into wood, plastics. Moreover, on the basis of sales channel the market has been segmented into hypermarkets, supermarkets, convenience stores, specialty stores, discount stores, e-retail. On the basis of end use industries the market has been segmented into food service outlets, institutional food services, online food ordering.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global disposable cutlery market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The disposable cutlery market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the disposable cutlery market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the disposable cutlery market in these regions.
MARKET PLAYERS
The reports cover key developments in the disposable cutlery market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from disposable cutlery market are anticipated to lucrative growth opportunities in the future with the rising demand for disposable cutlery in the global market. Below mentioned is the list of few companies engaged in the disposable cutlery market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the disposable cutlery market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Huhtamki Oyj
- Georgia-Pacific LLC
- Pactiv LLC
- Dart Container Corporation
- Novolex Holdings, Inc.
- Biopac UK Ltd.
- Genpak, LLC
- Vegware Ltd.
- D&W Fine Pack LLC
- Gold Plast SpA
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