Eco-friendly Alternative to Plastics to Drive Global Biodegradable Tableware Market

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Biodegradable tableware are dishes or dishware used in serving food. It can be used for decorative and practical purposes.

Biodegradable tableware are dishes or dishware used in serving food. It can be used for decorative and practical purposes. It is also known as crockery in the U.K. The global biodegradable tableware market report by Market Research Future (MRFR) contains imperative insights and changing consumer tastes for household dishware for the period of 2019 to 2025 (forecast period).

Market Scope

The global biodegradable tableware market size can inflate to USD 990.6 million by 2025. It can display a strong CAGR of 5.8% over the forecast period. It was valued at USD 33.14 million in 2018. Depletion of fossil fuel resources and inclination of eco-friendly products are main drivers of the market. Increasing environmental consciousness and increasing water and land pollution caused by single-use plastics can induce demand for biodegradable tableware.

The low air quality due to the elimination of plastics via burning is responsible for the demand for eco-friendly furniture. The inhalation of chemicals from burning plastics has increased cases of asthma, cancer, and other diseases. It has led to 1.2 million deaths in India in 2017. Preference of convenience foods and rise of online food platforms can drive the global market growth.

High costs of these products and low awareness levels in developing and developed countries can limit the market growth.

Competition Outlook

The Global Biodegradable Tableware Market Manufacturers are Vegware, Eco Guardian, Biotrem, Genpak, LLC, Georgia-Pacific LLC, Better Earth LLC, Lollicup USA Inc., Reynolds Consumer Products LLC, Papstar GmbH, Huhtamäki Oyj, Dart Container Corporation, Bionatic GmbH Co. KG, Pactiv LLC, Solia, Inc., and Natural Tableware.

The market is highly fragmented owing to the presence of various international and local players vying for market share. However, Huhtamäki Oyj, Solia, Inc., Pactiv LLC, and Dart Container Corporation are key manufacturers within the global biodegradable tableware market.

Segmentation

The global biodegradable tableware market is segmented by product type, material type, and distribution channel.

The biodegradable tableware market, based on product type, has been segmented into cutlery, cups, bowls, plates, and others. Plates accounted for a large market share and will dominate during the forecast period.

By material type, the market is segmented into paper, bioplastic, wood, and others. The paper-based tableware can accrue high demand in the global biodegradable tableware market owing to its economical price and easy availability.

On the basis of distribution channel, the market is segmented into store-based and non-store-based. The store-based segment had accounted for the lion’s share in the market in 2018. This can be attributed to sales of eco-friendly products through retail stores and the increasing affluent tastes of urban customers.

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Regional Analysis

The global biodegradable tableware market, based on region, is divided into North America, Europe, Asia Pacific (APAC), and Rest-of-the-World (RoW).

APAC is expected to be lucrative for the market owing to various companies trying to enter the niche space. In addition, the expansion plans of large food chain outlets such as KFC is expected to be a grand opportunity for the global biodegradable tableware market.

Europe is expected to capture a large share of the market owing to new laws restricting the use of plastics. Germany, the U.K., and France are major revenue earners of the region owing to the ban on single-use plastics in an effort to lower marine pollution levels.

Industry News

Echoware, a company based in India, manufactures biodegradable cutlery and other tableware from sugarcane bagasse. This is a positive move for the industry and can encourage other major industry heads to switch to green products.

 

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