Disposable Cutlery Market Scope
Disposable cutlery includes any hand implement that is used in food preparation, food serving, and especially in eating food. It is primarily made from plastic and wood material, and it is intended to be thrown away after use. Spoon, fork, and knife are the major types of disposable cutlery that are used extensively. The rising demand for disposable cutlery from Ready-to-Eat food manufacturers is one of the major factors contributing to the growth of the market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Largest Market | Asia Pacific |
Unit | Value (USD Million) |
Key Companies Profiled | Huhtamäki Oyj (Finland), Georgia-Pacific LLC (United States), Pactiv LLC (United States), Dart Container Corporation (United States), Novolex Holdings, Inc. (United States), Biopac UK Ltd (United Kingdom), Genpak, LLC (United States), Vegware Ltd (United Kingdom), D&W Fine Pack LLC (United States) and Gold Plast SpA (Italy) |
CAGR | 20.3% |
Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Disposable Cutlery market throughout the predicted period.
Huhtamäki Oyj (Finland), Georgia-Pacific LLC (United States), Pactiv LLC (United States), Dart Container Corporation (United States), Novolex Holdings, Inc. (United States), Biopac UK Ltd (United Kingdom), Genpak, LLC (United States), Vegware Ltd (United Kingdom), D&W Fine Pack LLC (United States) and Gold Plast SpA (Italy) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are DOpla S.p.A. (Italy), Hotpack Group (United Arab Emirates), Fast Plast A/S (Denmark) and Anchor Packaging Inc. (United States).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Disposable Cutlery market by Type and Region with country level break-up.
On the basis of geography, the market of Disposable 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). Asia Pacific region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
In May 2018, Novolex, a portfolio company of The Carlyle Group and an industry leader in packaging choice and sustainability, has announced that it will acquire The Waddington Group from Newell Brands, Inc. The acquisition is expected to strengthen its packaging products and disposable cutlery products portfolio.
In June 2023, Sabert Corp. has launched its new patented EcoEdge Paper Cutlery Designed with foodservice operators looking for a sustainable cutlery solution suitable for salads and more in mind, Sayreville, N.J.-based food packaging solutions provider
Influencing Trend:
The Rising Popularity of Wood-Based Disposable Cutlery Products
Market Growth Drivers:
Increasing Demand for Disposable Cutlery among Ready-To-Eat Food Manufactures and Increasing Awareness Regarding Eco-Friendly and Sustainable Cutlery Products
Challenges:
Sustainable Alternatives Driving Growth
Restraints:
Availability of Plastic based Cutlery Products
Opportunities:
The Increasing Demand from Developing Regions
Key Target Audience
Disposable Cutlery Manufacturers, Disposable Cutlery Raw Material Suppliers, Disposable Cutlery Traders/Distributors/Wholesalers, Disposable Cutlery Importer/Exporter, Regulatory & Government Bodies, Downstream Vendors, End Users and Others