0 likes | 9 Views
Disposable Cutlery Market is expected to grow at a steady pace over the forecast period, driven by the increasing demand for convenience and hygiene in the foodservice industry. The market's growth is also attributed to the rising trend of take-out and delivery services, especially in the wake of the COVID-19 pandemic. However, environmental concerns and the shift towards sustainable alternatives may hinder the market's growth to some extent.
E N D
Global Disposable Cutlery Market: Industry, Size, Share, Growth, Trends and Forecast, 2019–2029 November 2019 Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
Abbreviations Abbreviation and Full Form Source: Prophecy Market Insights Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
Market Segmentation Global Disposable Cutlery Market By Product Type By Fabrication Process By Material By Region • Thermoforming • Die Cutting • Injection Molding • North America • Europe • Asia Pacific • Latin America • Middle East & Africa • Spoon • Fork • Knife • Wood • Plastics • Polyethylene • Polystyrene • Poly lactic Acid (PLA) • Polypropylene • Polyethylene Terephthalate By End Use Industry • Food Service Outlets • Hotels • Restaurants • Others • Institutional Food Services • Cinemas, Airline and Railway Catering • Schools and Offices • Hospitals • Online Food Ordering By Sales Channel • Distributors • Retailers • E-retail Source: Prophecy Market Insights Copyright © PROPHECY 2019, All Rights Reserved
Report Description Report Description • Disposable cutlery comprises of disposable or single-use products usually provided in fast-food restaurants, catering services, airlines, take-away restaurants, etc. Nowadays, disposable cutlery made from biodegradable materials is available in the market and gaining traction since the last few years. • Manufacturers are focusing on expanding their disposable cutlery portfolios to better meet the growing demand from on-the-go food consumers. Manufacturers of disposable cutleries are ramping up their production lines to offer cost-effective and eco-friendly products. • The youth population in regions such as the Asia Pacific is expected to increase significantly till 2050, owing to disposable cutlery manufacturers are targeting growth in countries such as China and India. The disposable cutlery market is expected to be ideal for on-the-go consumers, during the forecast period. Apart from functional attributes such as low costs and food hygiene, easy storage and grab-and-go features of disposable cutlery also contribute to its increasing demand across the globe. Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
Executive Summary (5/5) Table 2.1: Global Disposable Cutlery Market Overview To be continued… Source: Prophecy Market Insights Copyright © PROPHECY 2019, All Rights Reserved
Executive Summary (2/5) Table 2.2: Global Disposable Cutlery Market Overview • Source : Prophecy Market Insights Copyright © PROPHECY 2019, All Rights Reserved
Executive Summary (3/5) Description Figure 2.1: Global Disposable Cutlery Market Value Share (%), By Product Type – 2019 (E) • Global disposable cutlery market was valued at US$ XX Bn in 2018 and is expected to reach US$ XX Bn in 2029 growing at CAGR of XX % over the forecast period. • Increasing preference for wood-based disposable cutlery among customers globally is the major factor driving growth of the global market. • In recent years, there has been a shift in demand for biodegradable disposable cutlery made from wood due to stringent laws and regulations against the use of plastic disposable cutlery. Nowadays, consumers prefer eco-friendly disposable cutlery made from wood for food service. • In 2018, KFC, McDonald's, and several other fast food chains stopped using plastic disposable cutlery and straws in several countries like India, Singapore, France, etc. All these fast food chains are using paper straws and wooden disposable cutlery as a replacement for plastic disposable cutlery and straws. Analysis • Source : Prophecy Market Insights Copyright © PROPHECY 2019, All Rights Reserved • By type, the ABC segment is accounted for major value share XX.X% in 2019. The XYZ segment is accounted for the second highest value share XX.X% in 2019 in the target market.
Executive Summary (4/5) Figure 2.2: Global Disposable Cutlery Market Value Share (%), By Material– 2019 (E) Figure 2.3: Global Disposable Cutlery Market Value Share (%), By Fabrication Process– 2019 (E) Figure 2.4: Global Disposable Cutlery Market Value Share (%), By Sales Channel– 2019 (E) Analysis and Outcomes • Source : Prophecy Market Insights Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
Executive Summary (5/5) 5 Figure 2.5: Global Disposable Cutlery Market Value Share (%), By End Use Industry – 2019 (E) Figure 2.6: Global Disposable Cutlery Market Value Share (%), By Region – 2019 (E) XX.X% Analysis and Outcomes • Source : Prophecy Market Insights Copyright © PROPHECY 2019, All Rights Reserved
Opportunity Map Analysis Opportunity Map Analysis, by Market Value (US$ Mn) and CAGR (%) Analysis and Outcome CAGR XX.X% • XX.X% XX.X% Conservative Optimistic Likely Market Value (US$ Mn) - 2029 • Source : Prophecy Market Insights Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
Market Dynamics Drivers Restraints Opportunity 1 • Manufacturers are actively focusing on product launches 1 1 Growing demand for eco-friendly disposable cutlery Limitations of disposable Cutlery 2 • Increasing preference for online food delivery services 2 • Harmful effects of disposable plastic cutlery on human health and environment ABC 3 • Source : Prophecy Market Insights Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
North America Table 9.3: North America Market Value and Forecast (US$ Mn), By Material, 2018 – 2029 • Source: : Prophecy Market Insights Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
North America Table 9.4: North America Market Value and Forecast (US$ Mn), By Fabrication Process, 2018 – 2029 • Source: : Prophecy Market Insights Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
North America Table 9.5: North America Market Value and Forecast (US$ Mn), By Sales Channel, 2018 – 2029 • Source: : Prophecy Market Insights Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
North America Table 9.6: North America Market Value and Forecast (US$ Mn), By End Use Industry, 2018 – 2029 • Source: : Prophecy Market Insights Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
North America Table 9.7: North America Market Value and Forecast (US$ Mn) By Country, 2018 – 2029 Figure 9.3: North America MarketValue (US$ Mn) Overview, By Country 2018 and 2029 • Source: : Prophecy Market Insights Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
Heat Map Analysis Product Available Product Not Available • Source: : Prophecy Market Insights Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
Biopac UK Ltd. Company Overview Business Overview Product Portfolio • Source:: Company Annual Reports and Website Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
Biopac UK Ltd. Key Highlights 2016 2017 2018 2019 Biopac UK Ltd, a leading developer and supplier of eco-friendly, plastic free catering disposables, has introduced a novel line of disposable cutlery composed of renewable cornstarch, which can be seamlessly disposed of through industrial composting. • Source: Company Annual Reports and Website Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
Biopac UK Ltd. Company Financial (US$ Mn) Overview, by Year Analysis and Outcome XX.X XX.X XX.X XX.X XX.X • Source: Company Annual Reports and Website Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
Research Methodology Secondary Research – - Annual Reports - Trade Publications - Research Studies - Press Releases Primary Research - Data Collection and Interpretation In-house Data Analysis – Data Analysis By using various tools and statistical methods Market Insights Validation and Final Conclusions End User: Prophecy Market Insights Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
Research Methodology Global Market Size Market/Revenue share split by each market segment such as by Deployment Therapy Product Type/Organization Size sector/end user Market/Revenue share of each key player in each Deployment segment Market/Revenue share of each key player in the global market Market/Revenue share split by each region and country in the global market • Top-down Approach – • Market size and analysis validation through primary and secondary research participants and key opinion leaders. • Primary End Users: • Demand Side Key Opinion Leaders • Supply Side Key Opinion Leaders • Secondary End Users: • Annual Reports • Financial Reports and Presentations • Press Releases • Research Journals • Paid Data End Users • Bottom-up Approach – • Collection of market related data and information from primary and secondary End Users, and data analysis. • Primary End Users: • Demand Side Key Opinion Leaders • Supply Side Key Opinion Leaders • Secondary End Users: • Annual Reports • Financial Reports and Presentations • Press Releases • Research Journals • Paid Data End Users • Source:: Prophecy Market Insights Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
Research Methodology Definition and Scope – Prophecy Market Insightsprovide the market definition to understand the target product/service and provide the market scope to understand the report coverage after thoroughly understanding of target market and market specific requirements. Primary Research – We formulates a detailed discussion guide to perform primary research. In primary research collection of data is performed through telephonic interview, E-mail questionnaire’s, and in-depth discussion with industry experts, manufacturers, suppliers, distributors, and Sales Channels. The primary research participant includes but not limited to CEO’s, Managers, Directors, VP’s, Suppliers, CSO’s, and etc. Secondary Research – Our research analyst performs in-depth secondary research and extensive data mining to collect market related information through various authentic data End Users such as Annual Reports, Trade Publications, Magazines, Research Publications, Company Press Release, and some paid data End Users. In-house Data Analysis – After extensive data mining, we perform in-house market analysis by using various data tools, statistical methods, and data analysis tools to arrive on a conclusion and reduce the margin of error. We provide our overviews and market forecast for the target market after thoroughly understanding and analyzing of collected data, historic market trends, and research outputs. Report Delivery – Prophecy Market Insights provide report in required electronic format (preferably in PDF format), as PDF format is easy to read and present. • Source:: Prophecy Market Insights Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
About Us Who we are: Prophecy is a specialized market research, analytics, marketing and business strategy, and solutions company that offer strategic and tactical support to clients for making well-informed business decisions and to identify and achieve high value opportunities in the target business area. Also, we help our client to address business challenges and provide best possible solutions to overcome them and transform their business. Prophecy’s expertize area covers Deployments, services, latest trends, developments, market growth factors, and challenges along with market forecast in various business areas such as Healthcare, Pharmaceutical, BioFabrication Process, Information Fabrication Process (IT), Hospitals, Industrial, Chemical, Agriculture, Food and Beverage, Energy, and Oil and Gas. We also offer various other services such as, data mining, information management, and revenue enhancement suggestions. We are a team of dedicated and impassioned individuals, who believe strongly in giving our very best to what we do and we never return down from any challenge. At prophecy we cater to industries, individuals, and organizations across the globe and deliver our offerings in the shortest possible turnaround time. Our well defined approach ensures our clients will receive unique competitive advantage, and secure and long lasting results. “WE BELIEVE IN LONG–TERM BUSINESS RELATIONS FOR GROWTH AND SUCCESS” • Source: Prophecy Market Insights Copyright © PROPHECY 2019, All Rights Reserved
About Us Disclaimer • The material is based on End Users which we believe are reliable, but no warranty, either expressed or implied, is provided in relation to the accuracy or completeness of the information. The views expressed are our best judgment as of the date of issue and are subject to change without notice. Prophecy Market Insights takes no responsibility for decisions made on the basis of these opinions. • Any redistribution of this information is strictly prohibited. Copyright © 2019 Prophecy Market Insights pvt. Ltd , all rights reserved. • Legal and Copyright Notices • While the editors endeavor to ensure the accuracy of all information and data contained in this Market Research Report, neither they nor Prophecy Market Insights Pvt. Ltd. accept responsibility for any loss or damage (whether direct or indirect) whatsoever to the customer or any third party resulting or arising there from. • All rights reserved. No part of this publication may be reproduced or used in any form or by any means graphic, electronic or mechanical, including photocopying, recording, taping, or information storage and retrieval systems without permission of the publisher. • Disclaimer: • Prophecy market Insights Pvt. Ltd attempts to ensure that the information provided in our market research reports is as accurate and complete as possible, the quantity of detailed information used and the fact that some of the information (which cannot always be verified or validated) is supplied by third parties and End Users not controlled by prophecy market Insights Pvt. ltd means that we cannot always guarantee the accuracy, completeness or originality of the information in some reports, and we are therefore not responsible for any errors or omissions in those reports. The recipients of these reports are responsible for determining whether the information contained therein is sufficient for use and shall use their own skill and judgement when choosing to rely upon the reports End User: Prophecy Market Insights Copyright © PROPHECY 2019, All Rights Reserved
THANK YOU • To know more about us, please visit our website: • www.prophecymarketinsights.com • For sales queries or new topics email us on: • sales@prophecymarketinsights.com • For other queries contact:Alex L • (General Manager & Global Head - Business Development) • Prophecy Market Insights101, Summer Street, Stamford, Connecticut - 01609 • US.: + 1 860 531 2701 • Email: sales@prophecymarketinsights.com Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved