The market for bagasse tableware items is anticipated to reach USD 3.0 billion in 2023 and continue to grow at a CAGR of 6.4% from 2023 to 2032. Sales of bagasse tableware as a whole are anticipated to reach USD 5.2 billion by 2032.
One of the main factors influencing the demand for bagasse tableware goods globally is the growing acceptance of bagasse cutlery and packaging options in residential, institutional, and commercial sectors due to their eco-friendly nature.
Bagasse-made dinnerware presently accounts for 5-7% of the global tableware market, which is worth USD 45 billion. The bagasse tableware business is expected to expand due to rising consumer demand for environmentally friendly and sustainable tableware, increased consumer knowledge of environmental issues, and governmental restrictions on the use of single-use plastic goods. From 2023 to 2032, the market for bagasse tableware products is expected to grow by 1.9 times its current value.
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Due to the ban on the use of single-use plastic products in European countries and the high production of sugarcane in South Asian nations like India, South Asia and Europe are expected to hold about 3/5 of the global market for bagasse tableware products during the forecast period.
“Customized eye-catchy eco-friendly bagasse tableware products made from sugarcane residual are becoming increasingly popular for use in institution, commercial, and household sectors. Besides this, growth in quick-service restaurants, mobile food vendors, online food ordering business, and catering services will create attractive prospects for the growth of the market,” says FMI analyst.
Continued Efforts of Manufacturers to Improve the Physical Attributes for Branding to Spur Demand for Bagasse Tableware Products
Bagasse tableware products are in the spotlight due to the rising trend of sustainable living practices. Eco-friendly bagasse tableware products are increasingly replacing products made out of non-biodegradable plastics.
Companies are focusing on introducing innovative and eye-catching designs with new textures and graphics (on-pack promotions) to influence customers to purchase natural, eco-friendly products. Bagasse tableware products are gaining momentum in green-minded cafeterias, the foodservice sector, quick delivery restaurants, and catering services.
Offering personalized and specialized products according to the customer’s needs is a critical trend in the market. The manufacturers are thus focusing on customizing the product designs as per the consumers’ requirements.
The use of unique customized designs as a billboard space to showcase the logo, messages, and company taglines will enhance the market status of bagasse tableware product manufacturers who offer these services. Using environmentally friendly and sustainable products to improve and enhance the brand image is also a key aim for end users.
The manufacturers strive to improve the product quality by using cutting-edge technology to extend the shelf life and retain the quality and freshness of products for a longer time. They also target innovative product packaging, aesthetic appearance, and overall presentation to attract the customer’s attention.
Competitive Landscape
Key manufacturers of bagasse tableware goods are investing in facility expansions, product innovations, and promotional activities to boost sales and obtain a competitive advantage in the industry.
Other bagasse tableware manufacturers use techniques such as mergers, partnerships, acquisitions, and price cuts to strengthen their position in the target market.
Bagasse Tableware Products Market: Key Players
Pactiv Evergreen Inc., Dart Container Corporation, Duni AB, Genpak, LLC, Detpak (Detmold Group), Karat by Lollicup, Vegware US, Eco Products, Inc., Greenweimo, among others are the prominent players in the global bagasse tableware products market. The Tier 1 players in the market hold 25-30% in the global bagasse tableware products market.
Recent developments by the leading players are as follows:
- In December 2022, Dinearth established third manufacturing unit for bagasse-based tableware
- Recently, Vegware Ltd. obtained compostability certifications that offer assurance of standards-compliant composting.
Global Bagasse Tableware Products Market by Category
By Product Type:
- Plates
- Less than 8 inches
- 8 inches to 12 inches
- More than 12 inches
- Bowls & Containers
- Less than 12 Oz
- 12 Oz to 16 Oz
- More than 16 Oz
- Cups
- Less than 6 Oz
- 6 Oz to 12 Oz
- More than 12 Oz
- Trays
- Less than 8 inches
- 8 inches to 12 inches
- More than 12 inches
- Clamshells
- Less than 8 inches
- 8 inches to 12 inches
- More than 12 inches
- End Caps
- Drink Carriers
- Straw
- Cutlery (Spoons, Fork, Knife & Spork)
By Lamination:
- Laminated
- Non-Laminated
By Sales Channel:
- Manufacturers (Direct Sales)
- Retail
- Hypermarket
- Supermarket
- Convenience Store
- Specialty Stores
- Distributors
- Online
By Application:
- Food
- Fruits & Vegetables
- Processed Food
- Ready-to-eat meals
- Bakery & Confectionery
- Cereals
- Dairy
- Others Food Products
- Beverages
By End Use:
- Commercial Use
- Hotels & Cafes
- Full-Service Restaurants
- Quick Service Restaurants
- Venues & Catering
- Mobile Food Vendors
- Bakery & Patisserie
- Institutional Use
- Schools & Colleges
- Offices
- Hospitals
- Airports & Railways
- Household Use
By Region:
- North America
- Latin America
- East Asia
- South Asia & Pacific
- Western Europe
- Eastern Europe
- Central Asia
- Russia & Belarus
- Balkan & Baltic Countries
- Middle East & Africa
About Future Market Insights (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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