Biodegradable Cutlery Market Size, Share, Sector / Industry Report & Analysis, 2019-2025 (Includes Business Impact of COVID-19)

                                          
Abstract, Snapshot, Market Analysis & Market Definition: Global Biodegradable Cutlery Market


The global biodegradable cutlery market size was valued at USD 33.9 million in 2018 and is anticipated to witness significant growth in the coming years. Increasing awareness regarding harmful effects associated with non-biodegradable plastic wastes is a key factor likely to drive the market in the forecast period.
In addition, stringent regulations and policies are framed by the government of several nations in order to ban the non-biodegradable plastic. Favorable government initiatives, coupled with increasing consumer awareness regarding ill effects of non-biodegradable plastic, are anticipated to boost the demand for biodegradable tableware.
 
Rising concerns towards adverse effects associated with the decomposing characteristics of cutlery items manufactured from synthetically derived plastics is expected to force the kitchen utensil manufacturers to deploy disposable materials including wood, bagasse, husk, and coconut coir. Furthermore, these disposable cutlery raw materials particularly, bagasse have the ability to decompose within 90 days as compared to the conventionally used, plastics which takes more than 500 years.
Compostable cutleries and tableware are considered to be the best alternatives to non-biodegradable plastics. Rising awareness regarding adverse effects of non-biodegradable plastic, including severe consequences on aquatic animals, is one of the major factors for the growth of market. For instance, according to the data provided by the United Nations, more than 8 million tons of plastic is dumped into the ocean every year globally. Another global report suggests that there may be more than 5.3 trillion micro and macro plastic pieces present in the ocean. These adverse effects promote the usage of biodegradable materials.
Rising demand for eco-friendly, safe, and sustainable cutlery owing to increasing number of restaurants, fast food joints, and cafeterias is fueling the demand for biodegradable plates and cups. Environment friendly cutleries are a feasible alternative that offers the convenience of disposable plates, cups, and spoon in picnics, parties, and other occasions. Moreover, they do not have any negative impact on the environment.
Costs associated with biodegradable plate, cup, spoon, and fork are higher as compared to the traditional disposables cutleries, thereby hampering the market growth. Moreover, in spite of several environmental advantages, some of the biodegradable plastics release greenhouse gases during the decomposition process, which, in turn, may affect the environment to some extent. These factors are the major hurdles to the market growth of biodegradable cutlery.

Market Segmentation, Outlook & Viewpoint: Global Biodegradable Cutlery Market


Raw Material Market Segmentation & Outlook (Revenue, USD Million, 2014 - 2025)

Wood

Husk

Paper

Plastic

Others


Key Players, Recent Developments & Regional Insights: Global Biodegradable Cutlery Market


The market is segmented into wood, husk, paper, plastic, and others based on raw material. The plastic segment held the largest market share in 2018. Paper is anticipated to emerge as the fastest growing segment, expanding at a CAGR of 6.3% over the forecast period.
Many companies are carrying out extensive R&D to make biodegradable utensils at an affordable cost. For instance, in March 2019, Green Science Alliance, a chemical company, invented a natural biomass made up of paper, waste woods, plants, and scrap trees. The material is fully biodegradable and recyclable owing to its natural ingredients. This innovative material will fuel the compostable cutlery market growth and will present opportunities for the market.
Government sectors as well as private players are making high R&D investments to develop affordable biodegradable cutlery. Some of the new entrants in the market are coming up with innovative options such as edible cutlery. For instance, in April 2015, Bakeys Foods Private Limited, an Indian edible cutlery manufacturing startup company, launched edible tableware including forks, spoons, and bowls in order to reduce plastic waste. Such innovations boost the demand as well as increase the awareness regarding biodegradable utensils.

Regional Insights
Europe was the largest regional market, accounting for 36.3% share of the overall revenue in 2018. Many startup companies as well as major manufacturers of biodegradable utensils are focusing on new product development and innovation in raw material.
For instance, leaf republic Gmbh, a German based Startup Company, introduced an entire set of leaf tableware. These products are manufactured from leaves and leaf-made paper with no synthetic additives, coloring, and any type of glue. These products are biodegradable within 28 days after use. Such innovative product launches are anticipated to fuel the market growth over the forecast period.
 
Asia Pacific is a major regional market owing to increasing number of restaurants and food joints as well as stringent regulations on plastic ban by the governments of various countries such as China, India, and Australia. Furthermore, China, Japan, and some eastern countries have a tradition of using wooden cutlery such as chopsticks. This tradition increases the scope of the biodegradable utensils in the region.
Startup companies are launching new innovative products in order to gain a competitive edge in the market. For instance, in September 2017, Yash Papers Ltd., an Indian startup company, has launched a full range of biodegradable and eco-friendly tableware. The company is promoting the use of eco-friendly products in the food industry as a best alternative to plastics. This will provide a boost to the demand for the compostable cutlery in the region.
Biodegradable Cutlery Market Share Insights
Manufacturers are taking up several strategic initiatives including technological innovation, extensive R&D for the innovation in raw material, and new product launch. For instance, in February 2019, Huhtamäki Oyj launched eco-friendly and biodegradable high-quality paper straws. The straws material is natural fiber originated from the paper waste. The straws are certified for food safety in U.S., Europe, and China. Key manufacturers in the industry include Huhtamäki Oyj, Biotrem, BIOPAK, BETTER EARTH LLC, Vegware, Pactiv LLC, Eco Guardian, Genpak, LLC, Bionatic GmbH & Co. KG, and GreenGood USA.
Major producers are expanding their geographical reach, especially in developed countries, in order to gain maximum technology penetration and expand their customer reach. Establishment of R&D centers, coupled with strategic partnerships with investment companies in order to launch new innovative technologies as per customer demand in the region, remains a critical success factor over the next few years. Taking into account all the above factors, producers are likely to focus on technology innovation catering particularly developing countries and untapped markets to gain maximum market share.

Key Insights Covered: Global Biodegradable Cutlery Market
1.  North America, Europe, Asia Pacific, Middle East & Africa, Latin America market size (sales, revenue and growth rate) of Biodegradable Cutlery industry.
2. Global major manufacturers' operating situation (sales, revenue, growth rate and gross margin) of Biodegradable Cutlery industry.
3. Global major countries (United States, Canada, Germany, France, UK, Italy, Russia, Spain, China, Japan, Korea, India, Australia, New Zealand, Southeast Asia, Middle East, Africa, Mexico, Brazil, C. America, Chile, Peru, Colombia) market size (sales, revenue and growth rate) of Biodegradable Cutlery industry.
4. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Biodegradable Cutlery industry.
5. Global market size (sales, revenue) forecast by regions and countries from 2019 to 2024 of Biodegradable Cutlery industry.

Research Methodology: Global Biodegradable Cutlery Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
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