What is Plastic Cutlery Market Scope?
Cutlery includes every handheld device that is used for preparation, serving, and especially for eating in Western culture. Cutlery is more commonly known as cutlery or cutlery in the United States, where cutlery usually means knives and related cutting instruments. Although the term cutlery is used regardless of the material composition of the utensils, the term tableware has been used to avoid the implication that they are made of silver. Plastic cutlery is for disposable use and is often used outdoors for camping, trips, and barbecues. Plastic cutlery is also commonly used in fast food or take-away shops and comes with airline meals in economy class. Plastic is also used for children's cutlery. It is mostly thicker as well as more durable than any of the disposable plastic cutlery. Disposable plastic cutlery was introduced for practical reasons such as being lightweight and without cleaning after meals and has developed into a huge worldwide market. These products have therefore become indispensable for the fast food and catering industries.
The Plastic Cutlery market study is being classified by Type (Knife, Fork, Spoon and Others), by Application (Household and Commercial) and major geographies with country level break-up.
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products, and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Analysts at AMA predicts that Vendors from United States will contribute to the maximum growth of Global Plastic Cutlery market throughout the predicted period.
Huhtamaki (Finland), Dart (United States), Lollicup USA (United States), Solia (France), TrueChoicePack (TCP) (United States), Eco-Products (United States), Fuling Global (China), Swantex (United Kingdom), Biopac (United States) and Dopla (United States) are some of the key players profiled in the study.
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Plastic Cutlery market by Type, Application and Region.
On the basis of geography, the market of Plastic Cutlery has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
On 16 January 2018, the European Commission published its report on the use of oxo-degradable plastic. The document forms part of the European strategy for plastics in a circular economy, which was released the same day. The Commission focused on three key issues relating to oxo-degradables: the biodegradability of oxo-degradable plastics in various environments; the environmental impacts in relation to littering; and recycling. A more recent report, of October 2018, is in line with the previous one. It states that micro-plastics need to be restricted, including oxo-degradable plastics. The EU directive 2019/904 of the European Parliament and of the Council (5 June 2019) prohibits the introduction in the market of products made from oxo-degradable plastic (Article 5).
Influencing Market Trend
- The Rising Popularity of Plastic Disposable Cutlery Products
- Increased Standard of Living Of the People in Many Countries
Market Drivers
- Increasing Demand for Disposable Cutlery among Ready-To-Eat Food Manufactures
- Rise in the Disposable Income of the People in Developing Regions
Opportunities
- Rising Urbanization in the Developing Regions
- Introduction of New Advanced Materials for Cutlery Making
- Growing E-Commerce Industry
Restraints
- Environmental Issues Due To Improper Disposal of Plastic Made Cutlery
Challenges
- Availability of Substitute Cutlery Products
Key Target Audience
Manufacturers of Plastic Cutlery, Suppliers and Distributors of Plastic Cutlery, End-Users, Potential Investors, Market Research Firms, Regulatory Bodies and Others
Customization available in this Study:
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