Plastic Tableware Market Size and Share, Global Industry Report 2021 to 2028

Posted by Prabha Mahajan on November 2nd, 2022

An exceptional Plastic Tableware Market report takes into consideration diverse segments of the market analysis that today’s business ask for. The report provides estimations of CAGR values, market drivers and market restraints about the Plastic Tableware industry which are helpful for the businesses in deciding upon numerous strategies. The base year for calculation in the report is taken as 2022 whereas the historic year is 2019 which will tell how the market is going to perform in the forecast years by informing what the market definition, classifications, applications, and engagements are.

Plastic tableware includes plates, bowls, spoons and forks, cutlery, glasses, cups, etc. made from high-density as well as low-density plastic. They are widely used at various fast-food chains, cafes, small bars, and by street vendors due to their durability and easy-to-clean characteristics. Moreover, they are easy to carry, which makes them suitable for traveling. These products are gaining popularity amongst the working class due to the ease of cleaning them with almost no time. Besides, food service providers such as caterers find these products cost-effective. Therefore, they highly prefer plastic tableware at social gatherings, corporate conferences and parties, concerts, and weddings.

Growing fast-food culture and fast-food chains across the globe is the major factor driving the market growth. Moreover, rapid urbanization, lifestyle changes, and rising emphasis on food presentation are the factors primarily driving the product demand. The growing trend of dining out with family and the rising interest of people in trying out different cuisines that require innovative tableware for presentation are the factors contributing to the market growth. Besides, increasing concerns about health and hygiene at street food shops to prevent oneself from various health issues is expected to bolster the product demand. However, ban on using plastic products in various countries is anticipated to hinder the market growth in upcoming years.

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The Prominent/Emerging Players in the Plastic Tableware Market includes:

1. Dart Container Corporation
2. Lollicup USA Inc
3. Pactiv LLC
4. AmerCare
5. Libbey Inc
6. DOpla Spa
7. Huhtamaki Group
8. Solia USA
9. Georgia-Pacific LLC
10. Genpak LLC

Plastic Tableware Market Segment Analysis:

The global plastic tableware market is segmented into type and distribution channel. By type, the plastic tableware market is classified into plates, bowls, cutlery, cups & glasses, and others. By distribution channel, the plastic tableware market is classified into supermarkets & hypermarkets, convenience stores, online retail, and others.

The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global plastic tableware market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The plastic tableware market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the plastic tableware market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the plastic tableware market in these regions.

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Prabha Mahajan

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Prabha Mahajan
Joined: September 26th, 2022
Articles Posted: 158

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