Global disposable tableware market is expected to reach 29.7 billion USD by the end of 2020

The global disposable tableware market is valued at 27.37 billion USD in 2016 and is expected to reach 29.7 billion USD by the end of 2020, growing at a CAGR of 1.7% between 2016 and 2020; while the disposable tableware sales was 1049 billion USD in 2016 and it will be 1224 billion units in 2020.

Publisher: QYResearch

Published Date: 2018-05-30

The disposable tableware is mainly made from paper, pulp, Polyethylene terephthalate, polyethylene, Starch Blends, biodegradable CPLA, PLA and Talc, etc. The main applications of disposable tableware are household and commercial use. Commercial use is dominating the end market, occupy for about 79.6 % of market share.

The global disposable tableware market is valued at 27.37 billion USD in 2016 and is expected to reach 29.7 billion USD by the end of 2020, growing at a CAGR of 1.7% between 2016 and 2020; while the disposable tableware sales was 1049 billion USD in 2016 and it will be 1224 billion units in 2020.

United States, Asia-Pacific and Europe are dominating the disposable tableware market; In North America, the market concentration rate is relatively high and dominated by few brands like Huhtamaki (Chinet), Dart(Solo), Dixie, International Paper, Hefty and Lollicup USA etc. Asia-Pacific especially in China, the market concentration rate is so low and dominated by lots of middle and small-sized manufacturers, and some manufacturers cooperated with overseas brand as OEM partners, like Taizhou Fuling Plastics produces disposable tableware in China and United States, but only for exporting.

Currently there are enormous waste of disposable tableware around the world, especially in the developing countries; with more and more consumers having strong environmental protection consciousness, and the government continuously promulgate legislation to protect the environment to reduce waste. In future, more and more disposable tableware will be made of the bioplastic like PLA resin, CPLA (modified PLA), and Starch Blends etc, and the bioplastic tableware will play more and more important roles.

Click to view the full report: https://www.qyresearch.com/index/detail/47446/global-disposable-tableware-market

This article was first released by QYResearch, if reproduced, please indicate the source.

Marketing: sales@qyresearch.com

Media Contact: press@qyresearch.com