Plastic tableware includes plates, bowls, spoons and forks, cutlery, glasses, cups, etc. made from high-density as well as low-density plastic. They are widely used at various fast-food chains, cafes, small bars, and by street vendors due to their durability and easy-to-clean characteristics. Moreover, they are easy to carry, which makes them suitable for traveling. These products are gaining popularity amongst the working class due to the ease of cleaning them with almost no time. Besides, food service providers such as caterers find these products cost-effective. Therefore, they highly prefer plastic tableware at social gatherings, corporate conferences and parties, concerts, and weddings.
MARKET DYNAMICS
Growing fast-food culture and fast-food chains across the globe is the major factor driving the market growth. Moreover, rapid urbanization, lifestyle changes, and rising emphasis on food presentation are the factors primarily driving the product demand. The growing trend of dining out with family and the rising interest of people in trying out different cuisines that require innovative tableware for presentation are the factors contributing to the market growth. Besides, increasing concerns about health and hygiene at street food shops to prevent oneself from various health issues is expected to bolster the product demand. However, ban on using plastic products in various countries is anticipated to hinder the market growth in upcoming years.
MARKET SCOPE
The "Global Plastic Tableware Market Analysis to 2028" is a specialized and in-depth study of the consumer goods industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the plastic tableware market with detailed market segmentation by type and distribution channel. The global plastic tableware market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading plastic tableware market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global plastic tableware market is segmented into type and distribution channel. By type, the plastic tableware market is classified into plates, bowls, cutlery, cups & glasses, and others. By distribution channel, the plastic tableware market is classified into supermarkets & hypermarkets, convenience stores, online retail, and others.
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 plastic tableware market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The plastic tableware 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 plastic tableware market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. 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 plastic tableware market in these regions.
MARKET PLAYERS
The report covers vital developments in the plastic tableware 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 partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from the plastic tableware market are anticipated to lucrative growth opportunities in the future with the rising demand for plastic tableware in the global market. Below mentioned is the list of few companies engaged in the plastic tableware market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the plastic tableware market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
- Dart Container Corporation
- Lollicup USA Inc.
- Pactiv LLC
- AmerCare
- Libbey Inc.
- DOpla S.p.A.
- Huhtamaki Group
- Solia USA
- Georgia-Pacific LLC.
- Genpak LLC.
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.