Bagasse Tableware Market

Global Bagasse Tableware Market

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Debadatta

Author :

Debadatta Patel

Partha

Fact-checked by :

PARTHA PAUL

Aman

Editor :

Aman Singh

The global bagasse tableware market was valued at USD 204.1 Million in 2022 and is expected to surpass USD 365.87 Million by 2031, expanding at a CAGR of 6.7% during the forecast period, 2023–2031. Bagasse is the dry pulpy fibrous material that is collected after sugarcane juice is extracted. These tableware products can be used only one time and can be recycled.

Instead of wasting bagasse, it is being used to manufacture tableware products such as plates and bowls. Bagasse is biodegradable, and thus environment friendly, which is an effective alternative to plastic plates. Bagasse can be made into tableware using either wet pulp or dry pulp board. Once the pulp is blended, it is put into molding machines to make the required tableware product. These tableware products are used instead of traditional paper plates or plastic plates to avoid any environmental damage during disposing the plates off. Moreover, these plates are used to store or hold solid to semi-solid foods and can store all types of food and have various compartments to keep different kinds of foods. Thus, the use of these products is increasingly for various food services.

Bagasse Tableware Market Outlook

Bagasse Tableware Market Trends, Drivers, Restraints, and Opportunities

  • Rising awareness about the use of eco-friendly and recyclable materials is increasing the use of bagasse tableware products, which fuels the market.

  • Expansion in R&D activities conducted by key players to increase durability, versatility, and recyclability are key factors propelling the market growth.

  • Bagasse tableware can be customized according to the need of the consumers and the lids of the storage boxes can be printed with the name of the brand to enhance brand value. This, in turn, drives the market growth.

  • Bagasse tableware are innovative and a trending form of product packaging for various food segments such as dine-in restaurants, takeaway facilities, delivery services, and catering services.

  • The modified form of bagasse plates has lids gives the food thermal regulation, protection, and enhances sustainable parameter, which further boost the market.

Scope of Bagasse Tableware Market Report

The report on the global bagasse tableware market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.

Attributes

Details

Report Title

Bagasse Tableware Market – Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2016 & 2021

Forecast Period

2023–2031

Segmentation

Product Types (Plates [Less than 8 Inches, 8 to 12 Inches, and More than 12 Inches] and Bowls), Sales Channels (Indirect Sales [Departmental & Discount Stores, Hypermarket/Supermarket, Specialty Stores, and Online Sale] and Direct Sales), End-users (Commercial Use [Hotels and Cafes, Full-service Restaurants, Quick Service Restaurants, and Venues & Catering Services] and Household)

Regional Scope

Asia Pacific, North America, Europe, Latin America, and Middle East & Africa

Report Coverage

Market scope, analysis, share, competitive analysis, growth facts, restraints, opportunities, and revenue forecast

Key Players covered in the Report

Pactiv Evergreen Inc., Bio Futura B.V.; Dart Container Corporation; Genpak, LLC.; Duni AB; Vegware Ltd.; Natural Tableware; Ecoriti; Pappco Greenware; Greenvale Eco Products; SattivicEcocare Products LLP; AMS Compostable; GreenGood USA; DevEuro Paper Products LLP; Shanghai Youngpac Biotech Ltd.; Greenweimo; and Shenzhen Zhiben Technology Group Co., Ltd.

Bagasse tableware Market Segment Insights

Plate segment is forecasted to hold a significant market share

In terms of product type, the market is segmented into plates and bowls. The plate segment holds a key share of the market due to the hirer requirement for plates being than bowls. Nowadays, plates have compartments, which eliminate the need for bowls. The plates segment is further categorized on the basis of size, into less than 8 inches, 8 to 12 inches and more than 12 inches. The 8 to 12 inches sub-segment is projected to hold a key share of the plates segment. These plates also come with lids that enable the food to be protected for bugs and dirt and kept warm.

Bagasse Tableware Market Product Type

Indirect sales segment is expected to hold major market share

Based on sales channels, the market is divided into indirect sales and direct sales. The indirect sales segment is projected to dominate the market during the forecast period. The availability of bagasse tableware is more in places such as departmental and discount stores, hypermarket/supermarket, specialty stores, and online, which are the channels of indirect sales distribution. Consumers find it easier to buy bagasse tableware from retailers as compared to wholesalers; therefore, the indirect sales segment to hold a key share of the market.

Commercial segment to dominate the market

On the basis of end-users, the market is bifurcated into commercial and household use. The commercial segment is divided into hotels & cafes, full-service restaurants, quick service restaurants, and venues & catering services. The requirement for bagasse plates in households is limited as people who prefer using cutlery and tableware that are not use and throw. The commercial segment uses bagasse plates and tableware due to their one-time use. Catering services use these products, as the demand for these products is more during social events. Expansion of the food and packaging industry is a major driver of the commercial segment.

Europe to remain a lucrative region for the market

In terms of regions, the global bagasse tableware market can be split into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Europe is expected to hold key share of the market due to the growth of the food packaging industry and continuous R&D activities by key players. The market in Asia Pacific is expected to grow due to rising awareness about the environment and high consumption of sugarcane in countries such as India, China and Japan, thereby increasing the availability of bagasse.

Bagasse Tableware Market Region

Segments

By Product Types

  • Plates
    • Less than 8 inches
    • 8 to 12 inches
    • More than 12 inches
  • Bowls

By Sales Channels

  • Indirect Sales
    • Departmental & Discount Stores
    • Hypermarket/Supermarket
    • Specialty Stores
    • Online Sales
  • Direct Sales

By End Users

  • Commercial Use
    • Hotels & Cafes
    • Full-Service Restaurants
    • Quick Service Restaurants
    • Venues & Catering Services
  • Household

By Regions

  • North America
  • Europe
  • Latin America
  • Asia Pacific
  • Middle East & Africa

By Key Players

  • Pactiv Evergreen Inc.
  • Bio Futura B.V.
  • Dart Container Corporation
  • Genpak, LLC.
  • Duni AB
  • Vegware Ltd.
  • Natural Tableware
  • Ecoriti
  • Pappco Greenware
  • Greenvale Eco Products
  • SattivicEcocare Products LLP
  • AMS Compostable
  • GreenGood USA
  • DevEuro Paper Products LLP
  • Shanghai Youngpac Biotech Ltd.
  • Greenweimo
  • Shenzhen Zhiben Technology Group Co., Ltd.

Competitive Landscape

Key players in the global bagasse tableware include Pactiv Evergreen Inc., Bio Futura B.V.; Dart Container Corporation; Genpak, LLC.; Duni AB; Vegware Ltd.; Natural Tableware; Ecoriti; Pappco Greenware; Greenvale Eco Products; SattivicEcocare Products LLP; AMS Compostable; GreenGood USA; DevEuro Paper Products LLP; Shanghai Youngpac Biotech Ltd.; Greenweimo; and Shenzhen Zhiben Technology Group Co., Ltd. These players conduct research to develop products to gain market share.

Bagasse Tableware Market Key Players

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Bagasse Tableware Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Bagasse Tableware Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Bagasse Tableware Market - Supply Chain
  4.5. Global Bagasse Tableware Market Forecast
     4.5.1. Bagasse Tableware Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Bagasse Tableware Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Bagasse Tableware Market Absolute $ Opportunity
5. Global Bagasse Tableware Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Bagasse Tableware Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Bagasse Tableware Demand Share Forecast, 2019-2026
6. North America Bagasse Tableware Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Bagasse Tableware Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Bagasse Tableware Demand Share Forecast, 2019-2026
7. Latin America Bagasse Tableware Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Bagasse Tableware Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Bagasse Tableware Demand Share Forecast, 2019-2026
8. Europe Bagasse Tableware Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Bagasse Tableware Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Bagasse Tableware Demand Share Forecast, 2019-2026
9. Asia Pacific Bagasse Tableware Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Bagasse Tableware Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Bagasse Tableware Demand Share Forecast, 2019-2026
10. Middle East & Africa Bagasse Tableware Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Bagasse Tableware Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Bagasse Tableware Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Bagasse Tableware Market: Market Share Analysis
  11.2. Bagasse Tableware Distributors and Customers
  11.3. Bagasse Tableware Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Pactiv Evergreen Inc.
     11.4.2. Bio Futura B.V.
     11.4.3. Dart Container Corporation
     11.4.4. Genpak, LLC.
     11.4.5. Duni AB
     11.4.6. Vegware Ltd.
     11.4.7. Natural Tableware
     11.4.8. Ecoriti

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