Uploaded on Jan 6, 2020
Biodegradable Tableware Market at a CAGR of 5.98% between 2019 and 2025
Biodegradable Tableware Market Size $990.6 Mn by 2025
Biodegradable Tableware Market Research Report - Global Forecast till 2025 Industry Survey, Growth, Competitive Landscape and Forecasts to 2025 REQUEST SAMP LE VIEW REPORT S PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.) Biodegradable Tableware Market Research Report- Forecast to 2025 Biodegradable Tableware Market 2020: Industry Survey, Growth, Competitive Landscape and Forecasts to 2025 Biodegradable Tableware Market is projected to reach USD 990.6 Million by 2025 at a CAGR of 5.98% between 2019 and 2025. This growth can be attributed to the increasing pollution caused by the widespread use and disposal of plastic. Governments are also taking initiatives to minimize the use of plastic tableware. For instance, the Indian government has replaced plastic cutlery, teacups, and water bottles with steel and biodegradable products in all government offices. The UK government is also planning to ban plastic cutlery and plates to reduce the impact on the environment. Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/8629 2 www.marketresearchfuture.com Biodegradable Tableware Market Research Report- Forecast to 2025 “Taste the market data and market information presented through more than 50 market data tables and figures spread in 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “ Biodegradable Tableware Market Research Report - Global Foreca st 2025 Expanding foodservice industry: The food”service industry has witnessed substantial growth over the last few years, especially in emerging economies. The demand for takeaway food has been increasing in developing nations due to the preference by the youth. The busy lifestyles of consumers have led to the popularity of convenience and takeaway food. For example, China’s foodservice industry was valued at USD 583 billion in 2017. The demand for online food delivery has also been rising. According to MRFR analysis, the sales of online food delivery services was valued at USD 39 billion in 2018 and the market is expected to register a growth rate of 16% over the next decade. Several fast-food chains such as KFC and Starbucks have increased the number of outlets in India. Online food delivery service providers are also expanding their presence in the country. These factors are expected to drive the demand for biodegradable tab3leware as an environment-friwewnwd.lmy aarklteetrrensaeatirvchef uttou rpe.lcaosmtic. Biodegradable Tableware Market Research Report- Forecast to 2025 Global Biodegradable Tableware Market, by Region, 2018 4 www.marketresearchfuture.com Biodegradable Tableware Market Research Report- Forecast to 2025 Regional Analysis Product Innovation: The key manufacturers of biodegradable tableware are continuously launching products to stay competitive and meet the changing requirements of consumers. For instance, in July 2019, Huhtamaki Oyj launched a new biodegradable double-wall cup for hot beverages made from paperboard that is certified by the Programmer for the Endorsement of Forest Certification with a plant-based lining which is certified biodegradable. The product is manufactured in the UK and available only for European consumers. Access Full Report @ https://www.marketresearchfuture.com/reports/biodegradable-tableware-market-8629 5 www.marketresearchfuture.com Biodegradable Tableware Market Research Report- Forecast to 2025 Application & Major Players in this Research: Biodegradable Tableware Market Prominent Players: Huhtamäki Oyj (Finland) Dart Container Corporation (US) Georgia-Pacific LLC (US) Lollicup USA Inc. (US) Solia, Inc. (US) Natural Tableware (Netherlands) Reynolds Consumer Products LLC (US) Pactiv LLC (US) Eco Guardian (Canada) Genpak, LLC (US) Biotrem (Poland) Better Earth LLC (US) 6 www.marketresearchfuture.com Biodegradable Tableware Market Research Report- Forecast to 2025 Biodegradable Tableware Market Segmented on the basis of By Product Type Paper Plates Bioplastic Bowls Wood Cups Others Cutlery By Distribution Channel Others Store-Based By Material Type Non-Store-Based 7 www.marketresearchfuture.com ABOUT US MARKET RESEARCH FUTURE At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous- Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. For more information kindly visit www.marketresearchfuture.com or contact us at [email protected] Copyright © 2018 Market Research Future All Rights Reserved. This document contains highly confidential information and is the sole property of Market Research Future. 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