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Report
Compostable Tableware Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2030
Market Report I 2023-09-05 I 180 Pages I Infinium Global Research and Consulting Solutions
The report on the global compostable tableware market provides qualitative and quantitative analysis for the period from 2021-2030. The compostable tableware market was valued at USD 260 million in 2022 and is expected to reach USD 300 million by 2030, with a CAGR of 7.21% during the forecast period 2023-2030. The study on compostable tableware market covers the analysis of the leading geographies such as North America, Europe, Asia Pacific, and RoW for the period of 2021-2030.
Compostable tableware products are used for serving food. These products are biodegradable and release valuable nutrients into the soil, aiding the growth of trees and plants when they break down. Compostable plates can be placed into the compost bin after use. These products degrade within several months in an industrial composting facility and produce no toxic residues. These plates are reusable and are made up of renewable resources. These renewable sources are made from all-natural materials such as agricultural residues, palm leaves, bagasse, bamboo, and cornstarch-based PLA plastic. This eco-friendly tableware is sturdy enough to hold hot or cold food and easily gets biodegraded after use.
Compostable plates and bowls are the perfect solutions for emerging green businesses. The growing awareness about the adverse effects of plastic such as massive plastic pollution and its grave consequences on aquatic and aerial creatures after dumping this product into the sea are the major driving factors for the growth of the compostable tableware market. The increasing demand for safe, sustainable, and environmentally friendly cutlery owing to the rising number of fast-food restaurants and cafeterias is boosting the compostable tableware market. Compostable disposables are a viable alternative that provides the convenience of disposable plates when used in catering for parties, picnics, or other occasions along with the added advantage of no negative impact on the eco-system. However, the lack of awareness about the benefits of compostable tableware and the poor management of organic waste hampers the growth of the compostable tableware market. The cost of compostable tableware is also higher as compared to traditional disposables. Moreover, the rising enforcement of environmental laws and the growing need for better waste management is anticipated to create an opportunity for the growth of the compostable tableware market.
The global compostable tableware market is categorized into North America, Europe, Asia Pacific, and the RoW region. North America holds a significant share of this market due to increasing demand for compostable tableware from the food service sectors and favorable regulations from the government about compostable tableware products. Moreover, the Asia Pacific region is expected to be the fastest-growing region during the forecast period owing to rapid growth in markets such as India, Japan, and China.
Report Findings
1) Drivers
- Increasing demand for sustainable products from the food and beverage service sector is expected to enhance market growth.
- Enforcement of environmental protection rules & provision of economic incentives by government bodies will drive market growth.
2) Restraints
- The high cost of compostable tableware products will hamper the market growth.
3) Opportunities
- The emergence of green businesses and entrepreneurs will create lucrative growth opportunities.
Research Methodology
A) Primary Research
Our primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached include
1. Key Opinion Leaders associated with Infinium Global Research
2. Internal and External subject matter experts
3. Professionals and participants from the industry
Our primary research respondents typically include
1. Executives working with leading companies in the market under review
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/ country managers
5. Vice President level executives.
B) Secondary Research
Secondary research involves extensive exploring through the secondary sources of information available in both the public domain and paid sources. At Infinium Global Research, each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.
The secondary sources of the data typically include
1. Company reports and publications
2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies
Segment Covered
The global compostable tableware market is segmented on the basis of type, and end-use.
The Global Compostable Tableware Market by Type
- Bowl and Lids
- Cups and Lids
- Portion Cups and Lids
- Containers and Lids
- Plates
- Reusable Dishware
- Straw and Cup Sleeves
- Compostable Spoons
- Other Types
- Other Types
The Global Compostable Tableware Market by End-use
- Household
- Food Joints & Takeaways
- Hotels & Restaurant
- Other End-use
Company Profiles
The companies covered in the report include
- Ecoware
- Intengine
- Vegware Ltd
- Pakka Limited
- CHUK
- BIOTREM SP. Z O. O
- Minima Technology Co., Ltd.
- Fabri-Kal
- Eco-gecko Products Inc.
- VerTerra Dinnerware
What does this Report Deliver?
1. Comprehensive analysis of the global as well as regional markets of the compostable tableware market.
2. Complete coverage of all the segments in the compostable tableware market to analyze the trends, developments in the global market and forecast of market size up to 2030.
3. Comprehensive analysis of the companies operating in the global compostable tableware market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4. IGR- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.
Table of Content
Chapter 1. Preface
1.1. Report Description
1.2. Research Methods
1.3. Research Approaches
Chapter 2. Executive Summary
2.1. Compostable Tableware Market Highlights
2.2. Compostable Tableware Market Projection
2.3. Compostable Tableware Market Regional Highlights
Chapter 3. Global Compostable Tableware Market Overview
3.1. Introduction
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.3. Porter's Five Forces Analysis
3.4. IGR-Growth Matrix Analysis
3.4.1. IGR-Growth Matrix Analysis by Type
3.4.2. IGR-Growth Matrix Analysis by End-use
3.4.3. IGR-Growth Matrix Analysis by Region
3.5. Value Chain Analysis of Compostable Tableware Market
Chapter 4. Compostable Tableware Market Macro Indicator Analysis
Chapter 5. Company Profiles and Competitive Landscape
5.1. Competitive Landscape in the Global Compostable Tableware Market
5.2. Companies Profiles
5.2.1. Ecoware
5.2.2. Intengine
5.2.3. Vegware Ltd
5.2.4. Pakka Limited
5.2.5. CHUK
5.2.6. BIOTREM SP. Z O. O
5.2.7. Minima Technology Co., Ltd.
5.2.8. Fabri-Kal
5.2.9. Eco-gecko Products Inc.
5.2.10. VerTerra Dinnerware
Chapter 6. Global Compostable Tableware Market by Type
6.1. Bowl and Lids
6.2. Cups and Lids
6.3. Portion Cups and Lids
6.4. Containers and Lids
6.5. Plates
6.6. Reusable Dishware
6.7. Straw and Cup Sleeves
6.8. Compostable Spoons
6.9. Other Types
Chapter 7. Global Compostable Tableware Market by End-use
7.1. Household
7.2. Food Joints & Takeaways
7.3. Hotels & Restaurant
7.4. Other End-use
Chapter 8. Global Compostable Tableware Market by Region 2023-2030
8.1. North America
8.1.1. North America Compostable Tableware Market by Type
8.1.2. North America Compostable Tableware Market by End-use
8.1.3. North America Compostable Tableware Market by Country
8.1.3.1. The U.S. Compostable Tableware Market
8.1.3.1.1. The U.S. Compostable Tableware Market by Type
8.1.3.1.2. The U.S. Compostable Tableware Market by End-use
8.1.3.2. Canada Compostable Tableware Market
8.1.3.2.1. Canada Compostable Tableware Market by Type
8.1.3.2.2. Canada Compostable Tableware Market by End-use
8.1.3.3. Mexico Compostable Tableware Market
8.1.3.3.1. Mexico Compostable Tableware Market by Type
8.1.3.3.2. Mexico Compostable Tableware Market by End-use
8.2. Europe
8.2.1. Europe Compostable Tableware Market by Type
8.2.2. Europe Compostable Tableware Market by End-use
8.2.3. Europe Compostable Tableware Market by Country
8.2.3.1. Germany Compostable Tableware Market
8.2.3.1.1. Germany Compostable Tableware Market by Type
8.2.3.1.2. Germany Compostable Tableware Market by End-use
8.2.3.2. United Kingdom Compostable Tableware Market
8.2.3.2.1. United Kingdom Compostable Tableware Market by Type
8.2.3.2.2. United Kingdom Compostable Tableware Market by End-use
8.2.3.3. France Compostable Tableware Market
8.2.3.3.1. France Compostable Tableware Market by Type
8.2.3.3.2. France Compostable Tableware Market by End-use
8.2.3.4. Italy Compostable Tableware Market
8.2.3.4.1. Italy Compostable Tableware Market by Type
8.2.3.4.2. Italy Compostable Tableware Market by End-use
8.2.3.5. Rest of Europe Compostable Tableware Market
8.2.3.5.1. Rest of Europe Compostable Tableware Market by Type
8.2.3.5.2. Rest of Europe Compostable Tableware Market by End-use
8.3. Asia Pacific
8.3.1. Asia Pacific Compostable Tableware Market by Type
8.3.2. Asia Pacific Compostable Tableware Market by End-use
8.3.3. Asia Pacific Compostable Tableware Market by Country
8.3.3.1. China Compostable Tableware Market
8.3.3.1.1. China Compostable Tableware Market by Type
8.3.3.1.2. China Compostable Tableware Market by End-use
8.3.3.2. Japan Compostable Tableware Market
8.3.3.2.1. Japan Compostable Tableware Market by Type
8.3.3.2.2. Japan Compostable Tableware Market by End-use
8.3.3.3. India Compostable Tableware Market
8.3.3.3.1. India Compostable Tableware Market by Type
8.3.3.3.2. India Compostable Tableware Market by End-use
8.3.3.4. South Korea Compostable Tableware Market
8.3.3.4.1. South Korea Compostable Tableware Market by Type
8.3.3.4.2. South Korea Compostable Tableware Market by End-use
8.3.3.5. Australia Compostable Tableware Market
8.3.3.5.1. Australia Compostable Tableware Market by Type
8.3.3.5.2. Australia Compostable Tableware Market by End-use
8.3.3.6. Rest of Asia-Pacific Compostable Tableware Market
8.3.3.6.1. Rest of Asia-Pacific Compostable Tableware Market by Type
8.3.3.6.2. Rest of Asia-Pacific Compostable Tableware Market by End-use
8.4. RoW
8.4.1. RoW Compostable Tableware Market by Type
8.4.2. RoW Compostable Tableware Market by End-use
8.4.3. RoW Compostable Tableware Market by Sub-region
8.4.3.1. Latin America Compostable Tableware Market
8.4.3.1.1. Latin America Compostable Tableware Market by Type
8.4.3.1.2. Latin America Compostable Tableware Market by End-use
8.4.3.2. Middle East Compostable Tableware Market
8.4.3.2.1. Middle East Compostable Tableware Market by Type
8.4.3.2.2. Middle East Compostable Tableware Market by End-use
8.4.3.3. Africa Compostable Tableware Market
8.4.3.3.1. Africa Compostable Tableware Market by Type
8.4.3.3.2. Africa Compostable Tableware Market by End-use
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