Global Biodegradable Cutlery Market

Global Biodegradable Cutlery Market Size, Share, Growth Analysis, By Raw Material(Wood, Husk) - Industry Forecast 2024-2031

Report ID: SQMIG25I2024 | Region: Global | Published Date: April, 2024
Pages: 223 | Tables: 37 | Figures: 74

Global Biodegradable Cutlery Market Dynamics

Global Biodegradable Cutlery Market Drivers

Growing Environmental Concerns

  • The increasing awareness about the environmental impact of plastic cutlery is driving the demand for biodegradable alternatives. Biodegradable cutlery is made from renewable resources and breaks down naturally, reducing the amount of waste in landfills and oceans.

Government Initiatives

  • Governments across the world are implementing regulations and policies to reduce plastic waste, and promoting the use of biodegradable products. This is creating a favorable regulatory environment for the biodegradable cutlery market.

Global Biodegradable Cutlery Market Restraints

High Cost

  • Biodegradable cutlery is generally more expensive than traditional plastic cutlery. This can be a significant barrier to adoption, especially for price-sensitive consumers and businesses.

Limited Availability

  • Biodegradable cutlery is not yet widely available, and the supply chain for these products is still developing. This can limit the adoption of biodegradable cutlery, especially in regions where these products are not easily accessible.
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Global Biodegradable Cutlery Market size was valued at USD 39.2 Million in 2022 and is expected to grow from USD 41.94 Million in 2023 to reach USD 72.07 Million by 2031, at a CAGR of 7% during the forecast period (2024-2031).

Manufacturers are taking many strategic actions, including technological innovation, intensive R&D for unique raw materials, and new product releases. Huhtamäki Oyj, for example, launched eco-friendly and biodegradable high-quality paper straws in February 2019. The straw material is made of natural fiber derived from paper waste. Major producers are increasing their geographic footprint, particularly in developed countries, in order to obtain the highest levels of technological adoption and customer reach. The establishment of R&D centers, as well as strategic collaborations with investment businesses, will be critical in the next few years to supply new creative technologies in response to regional customer demand. 'Vegware', 'Biodegradable Food Service (BDFS)', 'Eco-Products', 'World Centric', 'Bambu Home', 'GreenGood USA', 'Trellis Earth', 'BioMass Packaging', 'Plastico', 'Susty Party', 'Pactiv LLC', 'Natur-Tec India', 'WinCup', 'Huhtamaki', 'Earthsoul India', 'Biopak', 'Ecoware', 'Green Home', 'Genpak', 'Ecovita'

The increasing awareness about the environmental impact of plastic cutlery is driving the demand for biodegradable alternatives. Biodegradable cutlery is made from renewable resources and breaks down naturally, reducing the amount of waste in landfills and oceans.

Increasing demand for plant-based and compostable materials: There is a growing trend towards plant-based and compostable materials in the biodegradable cutlery market. Consumers are looking for eco-friendly and sustainable alternatives to plastic cutlery, and plant-based materials such as corn starch, bamboo, and sugarcane fiber are gaining popularity.

In 2022, Europe emerged as the largest market share holder for biodegradable cutlery, with a 36% share. The market is expected to reach USD 26.14 million by 2030. Many startup firms, as well as large makers of biodegradable flatware, are working on creative products and raw material development. For instance, Leaf Republic GmbH, a German startup, launched a whole line of leaf tableware. The product is made from leaves and leaf-made paper with no synthetic additives, coloring, or glue. These goods biodegrade in 28 days. This new product launch is expected to propel the market throughout the forecast period.

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Global Biodegradable Cutlery Market

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