Report ID: SQMIG25I2024
Biodegradable Cutlery Market Size, Share, Growth Analysis, By Raw Material(Wood, Husk, Paper, Plastic and Others), By Distribution Channel(Online, Offline), By Region - Industry Forecast 2025-2032
Report ID:
SQMIG25I2024 |
Region:
Global |
Published Date: April, 2024
Pages:
223
|
Tables:
37 |
Figures:
74
Biodegradable Cutlery Market Regional Insights
In 2022, Europe emerged as the largest market share holder for biodegradable cutlery, with a 36% share. The market is expected to reach USD 26.14 million by 2030. Many startup firms, as well as large makers of biodegradable flatware, are working on creative products and raw material development. For instance, Leaf Republic GmbH, a German startup, launched a whole line of leaf tableware. The product is made from leaves and leaf-made paper with no synthetic additives, coloring, or glue. These goods biodegrade in 28 days. This new product launch is expected to propel the market throughout the forecast period.
Asia Pacific is expected to be the fastest-growing market due to an increase in the number of restaurants and food joints, as well as rigorous legislation demanding plastic bans imposed by the government in China, India, and Australia. In addition, China, Japan, and other eastern countries have a tradition of using wooden knives like sticks. This custom broadens the use of biodegradable kitchenware in the region. Startup enterprises are developing new innovative items to obtain a competitive advantage in the market. This will increase the need for compostable cutlery in the region.
Biodegradable Cutlery Market Report Snapshots
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