Disposable Cutlery Market Competition Landscape and Trends Affecting Market Growth until the end of 2028

The disposable cutlery market is anticipated to continue its growth on account of the growing on-the-go consumers, coupled with the burgeoning consumer awareness about the consequential health impact associated with plastic usage. In terms of revenue, Fact.MR study on global disposable cutlery market envisaged that disposable cutlery market will accelerate at 4.7% CAGR during the study period (2018-2028), on the back of the myriad factors provided in the disposable cutlery market report.

Fact.MR report on disposable cutlery market opines that disposable cutlery is likely to witness wide sales owing to the paradigm transition in consumer preference for low cost, grab-and-go, and easy-to-carry food packaging options. Further, the disposable cutlery market report perceives that it isn’t feasible for brand owners and manufacturers to offer completely biodegradable plastic-based disposable cutlery. Additionally, the disposable cutlery market will also witness traction on the back of disposable cutlery’s functional attributes, including lightweight, cost-effectiveness, and convenient features, which are expected to create opportunities for manufacturers to tap.

The rapidly growing takeaway trend has prompted beverages and food chains to alter their delivery ways to cater to consumers’ shifting preference, thereby proving key sales prospects for disposable cutlery manufacturers. Changing lifestyle and increasing demand for online food delivery services are also causing a substantial rise in the adoption of disposable cutlery for food packaging.

The lucrative opportunities created by ‘away from home’ food consumption are gradually accelerating, leading to the growth in sales of disposable cutlery used for serving food. The on-the-move food consumption consumer patterns have been significantly influenced by the fast-paced lifestyle in recent years. According to a study, an average urban-area resident in America eats outside roughly 14 times in a month, which in turn is translating into a surge in the demand for disposable cutlery. Additional, an independent survey conducted in China found that the country’s online food sector is likely to grow by 30% in the forthcoming years, thereby paving way for higher sales of disposable cutlery, while positively impacting the growth of global disposable cutlery market.

You can Request an Example Copy from here – https://www.factmr.com/connectus/sample?flag=S&rep_id=3051

Disposable Cutlery Market – Company Profiles

Key companies profiled in disposable cutlery market report include Dixie Consumer Products, Taizhou Fuling Plastics, Huhtamäki Oyj, Natural Tableware, Lollicup (USA), Pactiv LLC, Dart Container Corporation, Eco-Products, Biopac UK Ltd, Fast Plast A/S, Novolex Holdings, Inc., DOpla S.p.A., Genpak, LLC, Hosti International, D&W Fine Pack LLC, Gold Plast SpA, FLO sPa, Duni, Georgia-Pacific LLC, Hotpack Group, Anchor Packaging Inc., Reynolds Consumer Products (Hefty), Vegware Ltd, Snapcups, and DOpla.

Published by basantfactmr

Fine all global industrial research report in one view.

Leave a comment

Design a site like this with WordPress.com
Get started