Sugarcane Bagasse - based Disposable Tableware Market | 2031
Sugarcane Bagasse - based Disposable Tableware Market | 2031
Segments - Sugarcane Bagasse - based Disposable Tableware Market by Type (Plates, Cups & Glasses, Bowls & Containers, and Trays), Application (Household, Institutional, and Commercial), and Region (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031
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| Report ID :MC-5149
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| 165 Pages
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Report Description
The global sugarcane bagasse-based disposable tableware market size was USD XX Million in 2022 and is estimated to reach USD XX Million by 2031, expanding at a CAGR of XX% during 2023–2031. The growth of the market is characterized by the rising demand for environmentally-safe, stylish, and sustainable biodegradable packaging solutions that offer a sense of well-being to consumers.
The functionality, aesthetics, and sustainability of any product appeal to the consumers. Sugarcane bagasse-based disposable tableware appeals to consumers, as they are stylish, durable, and sustainable.
When sugarcane stalks are crushed a dry, fibrous, and pulpy residual is left behind. This residual is called sugarcane bagasse. This byproduct is used as an environmentally responsible paper alternative in producing stylish, elegant, and biodegradable tableware.
Exquisite culinary creations made up of sugarcane bagasse-based disposable materials are inherently cut and grease-resistant, freezer safe, microwavable, and can sustain in temperatures up to 200°F. Waste management is a huge concern for manufacturers and consumers. Sugarcane bagasse-based disposable tableware decomposes much faster than products made from wood and paper. Sugarcane bagasse-based disposable tableware is sturdy with beverages and foods up to 120°C.
The pulping process of sugarcane bagasse is relatively less harmful to the environment than producing paper from trees. Paper takes longer to decompose as compared to bagasse, as it stays in landfills for a longer time.
Cutting the trees for the production of paper destroys the environmental ecosystem, as trees take a long time to grow to their full size. By using agricultural byproducts such as sugarcane bagasse-based material for tableware production, the manufacturers can limit the damage to the ecosystem as sugarcane crops take only six months for harvesting on the other hand trees take close to seven to ten years for growth. Similarly, carbon dioxide emissions generated by sugarcane plants are equal to the amount of carbon dioxide absorbed from the atmosphere, which means greenhouse gas effects are neutralized in the cultivation of sugarcane crops.
Sugarcane bagasse disposable tableware is popular in environmentally conscious business practices in the hospitality industry due to its recyclability and naturalness. The hospitality industry is giving emphasis on using renewable and sustainable to brand their offerings.
Sugarcane Bagasse-based Disposable Tableware Market Dynamics
Drivers
Rising awareness about health-related issues arising from petroleum-based tableware products and environmental sustainability are anticipated to drive the market. The rising trend of using natural, biodegradable, and sustainable materials in environmentally conscious business practices in the hospitality industry boosts the market.
Growth of the e-commerce sector and competition among the hospitality industry players to offer environmentally sustainable packaging solutions to gain a competitive advantage in the market are expected to drive the market. The packaging industry players design tableware that is visually appealing, convenient, and sustainable. Sugarcane bagasse-based disposable tableware is preferred for its recyclability, durability, and sturdiness.
Restraints
The slow adoption of using sugarcane bagasse-based disposable tableware is likely to hinder the market. Industry players hesitate to use sugarcane bagasse-based disposable tableware for various reasons including supply-demand mismatch and lack of willingness to adopt sugarcane bagasse-based disposable tableware.
Opportunities
Enforcement of laws prohibiting the use of plastic products creates significant opportunities in the market. Implementation of laws to reduce the use of single-use plastics creates opportunities in the sugarcane bagasse-based disposable tableware market.
Scope of the Sugarcane Bagasse-based Disposable Tableware Market Report
The market report includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
Sugarcane Bagasse-based Disposable Tableware Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2022 |
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Historic Data |
2020–2021 |
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Forecast Period |
2023–2031 |
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Segmentation |
Type (Plates, Cups & Glasses, Bowls & Containers, and Trays), and Application (Household, Institutional, and Commercial) |
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Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, Market Trends, and Revenue Forecast |
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Key Players Covered in the Report |
Bio Futura; Huhtamaki; Genpak, LLC; D & W Fine Pack; Dart Container Corporation; Vegware Ltd; Duni Group; SOLIA; Reynolds Consumer Products LLC; Dispo International; Yash Pakka Limited; Detmold Group; and Visfortec |
Sugarcane Bagasse - based Disposable Tableware Market Segment Insights
Based on type, the sugarcane bagasse-based disposable tableware market is divided into plates, cups & glasses, bowls & containers, and trays. The plates segment is expected to expand at a significant growth rate during the projection period owing to their adoption in the hospitality industry. Players in the hospitality industry want to attract customers by providing biodegradable tableware products due to durability, sturdiness, and extended lifespan.
On the basis of application, the global market is segregated into household, institutional, and commercial. The commercial segment is projected to expand at a considerable CAGR during the forecast period due to the use of sugarcane bagasse-based disposable tableware in the retail and hospitality industry. Players in the food & beverage industry use recyclable and biodegradable materials for the purpose of branding and customer acquisition. Sugarcane bagasse-based disposable tableware offers a sense of well-being to customers through fresh food packaging and serving.
In terms of region, the global sugarcane bagasse-based disposable tableware market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is expected to dominate the market during the projection period owing to the rising renewable resources for the production of tableware and neo-ecological movements. The packaging industry in North America emphasize on sustainable use of resources.
Segments
The sugarcane bagasse-based disposable tableware market has been segmented on the basis of
Type
- Plates
- Cups & Glasses
- Bowls & Containers
- Trays
Application
- Household
- Institutional
- Commercial
Region
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- Bio Futura
- Huhtamaki
- D & W Fine Pack
- Genpak, LLC
- Dart Container Corporation
- Vegware Ltd
- Duni Group
- SOLIA
- Reynolds Consumer Products LLC
- Dispo International
- Yash Pakka Limited
- Detmold Group
- Visfortec
Competitive Landscape
Key players competing in the global sugarcane bagasse-based disposable tableware market are Bio Futura; Huhtamaki; Genpak, LLC; D & W Fine Pack; Dart Container Corporation; Vegware Ltd; Duni Group; SOLIA; Reynolds Consumer Products LLC; Dispo International; Yash Pakka Limited; Detmold Group; and Visfortec.
These companies adopted development strategies including partnerships, mergers, product launches, restructuring, collaboration, and acquisitions to increase their consumer base worldwide. For instance,
-
In July 2020, Yash Pakka announced that Yash Pakka booked a 59.24% growth in profit before tax by providing 100% sustainable packaging solutions. Yash Pakka has been providing packaged solutions including sugarcane bagasse-based products to HMS host, Chai Point, Lite Bite Foods, and Haldirams.
Table Of Content
1. Executive Summary2. Assumptions and Acronyms Used
3. Research Methodology
4. Sugarcane Bagasse-based Disposable 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. Sugarcane Bagasse-based Disposable Tableware Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Sugarcane Bagasse-based Disposable Tableware Market - Supply Chain
4.5. Global Sugarcane Bagasse-based Disposable Tableware Market Forecast
4.5.1. Sugarcane Bagasse-based Disposable Tableware Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Sugarcane Bagasse-based Disposable Tableware Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Sugarcane Bagasse-based Disposable Tableware Market Absolute $ Opportunity
5. Global Sugarcane Bagasse-based Disposable Tableware Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Sugarcane Bagasse-based Disposable Tableware Market Size and Volume Forecast by Types
5.3.1. Plates
5.3.2. Cups & Glasses
5.3.3. Bowls & Containers
5.3.4. Trays
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Sugarcane Bagasse-based Disposable Tableware Market Analysis and Forecast by Applications
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Applications
6.2.2. Y-o-Y Growth Projections by Applications
6.3. Sugarcane Bagasse-based Disposable Tableware Market Size and Volume Forecast by Applications
6.3.1. Household
6.3.2. Institutional
6.3.3. Commercial
6.4. Absolute $ Opportunity Assessment by Applications
6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Sugarcane Bagasse-based Disposable Tableware Market Analysis and Forecast by Region
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Region
7.2.2. Y-o-Y Growth Projections by Region
7.3. Sugarcane Bagasse-based Disposable Tableware Market Size and Volume Forecast by Region
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. Middle East and Africa (MEA)
7.4. Absolute $ Opportunity Assessment by Region
7.5. Market Attractiveness/Growth Potential Analysis by Region
7.6. Global Sugarcane Bagasse-based Disposable Tableware Demand Share Forecast, 2019-2026
8. North America Sugarcane Bagasse-based Disposable 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
8.2. North America Sugarcane Bagasse-based Disposable Tableware Market Size and Volume Forecast by Country
8.2.1. U.S.
8.2.2. Canada
8.3. Absolute $ Opportunity Assessment by Country
8.4. North America Sugarcane Bagasse-based Disposable Tableware Market Size and Volume Forecast by Types
8.4.1. Plates
8.4.2. Cups & Glasses
8.4.3. Bowls & Containers
8.4.4. Trays
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. North America Sugarcane Bagasse-based Disposable Tableware Market Size and Volume Forecast by Applications
8.7.1. Household
8.7.2. Institutional
8.7.3. Commercial
8.8. Basis Point Share (BPS) Analysis by Applications
8.9. Y-o-Y Growth Projections by Applications
8.10. Market Attractiveness/Growth Potential Analysis
8.10.1. By Country
8.10.2. By Product Type
8.10.3. By Application
8.11. North America Sugarcane Bagasse-based Disposable Tableware Demand Share Forecast, 2019-2026
9. Latin America Sugarcane Bagasse-based Disposable 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. Latin America Average Pricing Analysis
9.2. Latin America Sugarcane Bagasse-based Disposable Tableware Market Size and Volume Forecast by Country
9.2.1. Brazil
9.2.2. Mexico
9.2.3. Rest of Latin America
9.3. Absolute $ Opportunity Assessment by Country
9.4. Latin America Sugarcane Bagasse-based Disposable Tableware Market Size and Volume Forecast by Types
9.4.1. Plates
9.4.2. Cups & Glasses
9.4.3. Bowls & Containers
9.4.4. Trays
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Latin America Sugarcane Bagasse-based Disposable Tableware Market Size and Volume Forecast by Applications
9.7.1. Household
9.7.2. Institutional
9.7.3. Commercial
9.8. Basis Point Share (BPS) Analysis by Applications
9.9. Y-o-Y Growth Projections by Applications
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.11. Latin America Sugarcane Bagasse-based Disposable Tableware Demand Share Forecast, 2019-2026
10. Europe Sugarcane Bagasse-based Disposable 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. Europe Average Pricing Analysis
10.2. Europe Sugarcane Bagasse-based Disposable Tableware Market Size and Volume Forecast by Country
10.2.1. Germany
10.2.2. France
10.2.3. Italy
10.2.4. U.K.
10.2.5. Spain
10.2.6. Russia
10.2.7. Rest of Europe
10.3. Absolute $ Opportunity Assessment by Country
10.4. Europe Sugarcane Bagasse-based Disposable Tableware Market Size and Volume Forecast by Types
10.4.1. Plates
10.4.2. Cups & Glasses
10.4.3. Bowls & Containers
10.4.4. Trays
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Europe Sugarcane Bagasse-based Disposable Tableware Market Size and Volume Forecast by Applications
10.7.1. Household
10.7.2. Institutional
10.7.3. Commercial
10.8. Basis Point Share (BPS) Analysis by Applications
10.9. Y-o-Y Growth Projections by Applications
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.11. Europe Sugarcane Bagasse-based Disposable Tableware Demand Share Forecast, 2019-2026
11. Asia Pacific Sugarcane Bagasse-based Disposable Tableware Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Asia Pacific Average Pricing Analysis
11.2. Asia Pacific Sugarcane Bagasse-based Disposable Tableware Market Size and Volume Forecast by Country
11.2.1. China
11.2.2. Japan
11.2.3. South Korea
11.2.4. India
11.2.5. Australia
11.2.6. Rest of Asia Pacific (APAC)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Asia Pacific Sugarcane Bagasse-based Disposable Tableware Market Size and Volume Forecast by Types
11.4.1. Plates
11.4.2. Cups & Glasses
11.4.3. Bowls & Containers
11.4.4. Trays
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Asia Pacific Sugarcane Bagasse-based Disposable Tableware Market Size and Volume Forecast by Applications
11.7.1. Household
11.7.2. Institutional
11.7.3. Commercial
11.8. Basis Point Share (BPS) Analysis by Applications
11.9. Y-o-Y Growth Projections by Applications
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.11. Asia Pacific Sugarcane Bagasse-based Disposable Tableware Demand Share Forecast, 2019-2026
12. Middle East & Africa Sugarcane Bagasse-based Disposable Tableware Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Middle East & Africa Average Pricing Analysis
12.2. Middle East & Africa Sugarcane Bagasse-based Disposable Tableware Market Size and Volume Forecast by Country
12.2.1. Saudi Arabia
12.2.2. South Africa
12.2.3. UAE
12.2.4. Rest of Middle East & Africa (MEA)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Middle East & Africa Sugarcane Bagasse-based Disposable Tableware Market Size and Volume Forecast by Types
12.4.1. Plates
12.4.2. Cups & Glasses
12.4.3. Bowls & Containers
12.4.4. Trays
12.5. Basis Point Share (BPS) Analysis by Types
12.6. Y-o-Y Growth Projections by Types
12.7. Middle East & Africa Sugarcane Bagasse-based Disposable Tableware Market Size and Volume Forecast by Applications
12.7.1. Household
12.7.2. Institutional
12.7.3. Commercial
12.8. Basis Point Share (BPS) Analysis by Applications
12.9. Y-o-Y Growth Projections by Applications
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.11. Middle East & Africa Sugarcane Bagasse-based Disposable Tableware Demand Share Forecast, 2019-2026
13. Competition Landscape
13.1. Global Sugarcane Bagasse-based Disposable Tableware Market: Market Share Analysis
13.2. Sugarcane Bagasse-based Disposable Tableware Distributors and Customers
13.3. Sugarcane Bagasse-based Disposable Tableware Market: Competitive Dashboard
13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
13.4.1. Bio Futura
13.4.2. Huhtamaki
13.4.3. Genpak, LLC
13.4.4. D & W Fine Pack
13.4.5. Dart Container Corporation
13.4.6. Vegware Ltd
13.4.7. Duni Group
13.4.8. SOLIA
13.4.9. Reynolds Consumer Products LLC
13.4.10. Dispo International
13.4.11. Yash Pakka Limited
13.4.12. Detmold Group
13.4.13. Visfortec
Methodology
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