The global disposable cutlery market is expected to value US$ 2.6 billion by 2033. In 2023, the market size is anticipated to be US$ 1.6 billion. The CAGR during the forecast period is projected to be at 4.9%.
The disposable cutlery items are light in weight, which makes it easy to handle while consuming food. These are sturdy as well, which ensures that these do not get distorted while carrying excess food. Owing to this, a lot of manufacturers are making use of bamboo, which might surge the growth of bamboo disposable cutlery market.
The disposable cutlery items are witnessing huge demand in the food service outlets and institutional food services. The cutlery items are manufactured and designed in such a manner that these fit according to the style of the occasion. The institutional organizations generally conducted afternoon parties, where the disposable cutlery items are highly preferred due to their small size and sturdy nature.
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The frozen food market is also expected to surge the sales of disposable cutlery during the forecast period. By 2025, the frozen food market is set to exceed US$ 320 billion. The wooden disposable cutleries are preferred as these are sturdy and the same time light as well. However, the adoption of plastic disposable cutleries is expected to challenge the growth as these lead to an increase in pollution.
FMI analysts are of the view that increasing focus on hygiene, application of biodegradable products, growth of cloud kitchen market and frozen food market, and number of other factors are expected to surge the disposable cutlery market during the forecast period.
Key Takeaways:
- In 2023, the market size is likely to be at US$ 1.6 billion.
- By 2033, the numbers are expected to be at US$ 2.6 billion.
- The market is expected to record a CAGR of 4.9%.
- On the basis of regional analysis, Asia Pacific is expected to hold the leading market share.
- The United States market is expected to secure a CAGR of 3.8%.
- The United Kingdom is projected to register a CAGR of 4.2%.
- Germany market is anticipated to witness a CAGR of 3.9%.
- India market is expected to advance at a CAGR of 7.8%.
- China market is projected to post a CAGR of 6.8%.
- On the basis of fabrication process, the thermoforming segment is expected to hold the leading market share, and is projected to expand at a CAGR of 4.5%.
- On the basis of cutlery type, the dispensed cutlery segment is projected to hold the dominant position in the market, and is anticipated to advance at a CAGR of 4.4%.
Competitive Landscape:
The manufacturers who are operating in the disposable cutlery market are taking important steps toward sustainable development. Thus, there is an increasing effort toward adopting green products. The key players are also making massive investments in mergers and acquisitions to increase their market share. There are also lots of emphasis being laid on making use of the latest technology in order to produce the product of the right dimensions. Manufacturers are investing in research and development activities to focus on quality. The idea is also to invest in marketing and sales activity in order to increase awareness about the product.
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Disposable Cutlery Market Segmentation
By Product Type:
- Spoon (Plastic, Wood)
- Fork (Plastic, Wood)
- Knife (Plastic, Wood)
By Fabrication Process:
- Thermoforming
- Die Cutting
- Injection Molding
By Cutlery Type:
- Wrapped Cutlery
- Dispensed Cutlery
By Sales Channel:
- Direct Sales
- Distributors
- E-retail
- Retailers (Hypermarkets, Supermarkets, Convenience Stores, Specialty Stores, Discount Stores & Warehouse/Wholesale Clubs)
By End Use:
- Food Service Outlets (Hotels, Restaurants & Cafes, Quick Service Restaurants)
- Institutional Food Services (Cinemas, Airline & Railway Catering, Schools & Offices, Hospitals)
- Household Use
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- The Middle East and Africa
About Future Market Insights Inc. (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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