|Harshad Borde||05-15-2019||comment profile send pm notify|
Paper pulp disposable tableware is a category of cutlery that is used in place of or as a substitute to plastic tableware. The product range spans forks and spoons to plates, cups, bowls, and many more. Large number of brands are available in the market lending the market a fragmented structure. The factor making them attractive for consumption is that they are biodegradable in nature and can be disposed without worrying about the environmental impact of disposing plastic items, which are non-biodegradable. Organic and natural products are increasingly being adopted; paper pulp disposable tableware are a category of organic product. Demand for organic products is rising due to the increase in awareness about using natural and plant-based products which have a less adverse environmental impact. These products are generally used during picnics or outings but may be used on a regular basis too.
Evolving lifestyle choices and environmental concerns are key drivers of the global paper pulp disposable tableware market. Rise in disposable income is leading consumers to make informed choices regarding daily-use items like tableware. Additionally, rapidly evolving lifestyles are leading to a number of environmental problems with regard to the amount of waste being generated and the consumption pattern veering toward the use of non-biodegradable items. This is creating opportunities for players operating in the global paper pulp disposable tableware market. Rise in awareness is leading to more diversified requirements in terms of range and type of tableware products being demanded by consumers.
Moreover, waste disposal concerns are affecting the global paper pulp disposable tableware market players with respect to the biodegradability of the tableware products used, which is largely made of plastic. This can encourage manufacturers to develop more ecofriendly tableware alternatives. Furthermore, research & development activities are increasing in the global paper pulp disposable tableware market to accommodate diversifying consumer choices. A number of small scale brands are making their presence felt in the market as products launched by these small companies are increasingly being adopted by the people. This indicates the minimal entry barrier in the global market.
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The restraints in the global paper pulp disposable tableware market exist both on the demand side and the supply side. The demand side factors include slow adoption rates of the products of the industry. The supply side factors are mainly high initial cost of investment and threat from plastic substitutes; the latter’s market being more developed, it poses a threat to the growth of the global paper pulp disposable tableware market.
This in turn is creating several opportunities for players operating in the global paper pulp disposable tableware market. The positive points of the product such as its biodegradability and easy disposal increase the product’s appeal to the consumer. Additionally, rising disposable income means that the consumption pattern would change and people are expected to adopt eco-friendly products for regular use. Moreover, the regional interest in disposable tableware is rising from developed markets such as North America and Europe. These two regions are projected to be the key growth geographies for the players operating in the global paper pulp disposable tableware market.
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The global paper pulp disposable tableware market can be classified in terms of product type, end-user, and region. Based on product type, the market can be classified into plates, bowls, forks & spoons, etc. In terms of end-user, the market can be categorized into individual and commercial. In terms of region, the global paper pulp disposable tableware market can be split into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
Major players operating in the global paper pulp disposable tableware market include Happiness Moon Co., Ltd., Declan UK, Eco-Products, Inc, Shanghai YZH Green Industrial Co. Ltd, Bionatic, ZNTH Company, Penn Jersey Paper Co, Natural Tableware., Vegware, and Eco Party Box.