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North America Biodegradable Cutlery Market Size, Share & Industry Trends Analysis Report By Raw Material (Wood, Paper, Plastic, Husk, and Others), By Country and Growth Forecast, 2023 - 2030

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    Report

  • 80 Pages
  • December 2023
  • Region: North America
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5916742
The North America Biodegradable Cutlery Market would witness market growth of 6.4% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 495.4 thousand units, showcasing a growth of 6.2% (2019-2022).

Biodegradable cutlery is made by compressing or injecting natural fiber into resin, a polymer derived from renewable resources. Corn flour, bamboo, and sugarcane fiber, among other components, are generally used for creating these types of cutleries. Disposable, biodegradable cutlery serves as an environmentally conscious and sustainable substitute for plastic tableware. Natural biopolymers present notable benefits over plastic, such as biocompatibility, biological safety, and degradability, which are environmentally hazardous substances that persist in the environment. The growing prominence of the food and beverage sector has led to an increased need for this particular variety of cutlery in hotels, restaurants, and fast-food establishments on a large scale.

As environmental awareness rises and the amount of plastic waste generated by disposable cutlery increases, there is a growing demand for environmentally beneficial alternatives. "Green cutlery," which is biodegradable, is an exceptional method to reduce environmental impact and promote a more sustainable way of life. They are fashionable, well-liked, environmentally friendly, and a charming addition to any dining setting, regardless of the occasion. Their increased prominence is due to the fact that they are biodegradable and compostable, which means they decompose rapidly.

The entry of numerous startup companies from Canada and the United States is anticipated to bode well for the growth of the bio-based cutlery industry in North America. The increasing proportion of consumers constantly on the move is an additional noteworthy element that is anticipated to contribute to the expansion of this region. All of these factors have significantly contributed to expanding the market.

The US market dominated the North America Biodegradable Cutlery Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $13,836.8 Thousand by 2030. The Canada market is experiencing a CAGR of 8.8% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 7.9% during (2023 - 2030).

Based on Raw Material, the market is segmented into Wood, Paper, Plastic, Husk, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Huhtamaki Oyj, Pactiv Evergeen Inc., Vegware Ltd. (Novolex), Biotrem, Biopak (Duni AB), Genpak, LLC (Great Pacific Enterprises, Inc.), TIPA Corp. Ltd., Ecoware, Better Earth LLC , Eco Guardian Inc.

Scope of the Study

Market Segments Covered in the Report:

By Raw Material (Volume, Thousand Units (Pack of 100), USD Thousand, 2019-2030)
  • Wood
  • Paper
  • Plastic
  • Husk
  • Others
By Country (Volume, Thousand Units (Pack of 100), USD Thousand, 2019-2030)
  • US
  • Canada
  • Mexico
  • Rest of North America

Key Market Players

List of Companies Profiled in the Report:

  • Huhtamaki Oyj
  • Pactiv Evergeen Inc.
  • Vegware Ltd. (Novolex)
  • Biotrem
  • Biopak (Duni AB)
  • Genpak, LLC (Great Pacific Enterprises, Inc.)
  • TIPA Corp. Ltd.
  • Ecoware
  • Better Earth LLC
  • Eco Guardian Inc.

Unique Offerings

  • Exhaustive coverage
  • The highest number of Market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Biodegradable Cutlery Market, by Raw Material
1.4.2 North America Biodegradable Cutlery Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter’s Five Forces Analysis
Chapter 4. North America Biodegradable Cutlery Market, By Raw Material
4.1 North America Wood Market, By Country
4.2 North America Paper Market, By Country
4.3 North America Plastic Market, By Country
4.4 North America Husk Market, By Country
4.5 North America Others Market, By Country
Chapter 5. North America Biodegradable Cutlery Market, By Country
5.1 US Biodegradable Cutlery Market
5.1.1 US Biodegradable Cutlery Market, By Raw Material
5.2 Canada Biodegradable Cutlery Market
5.2.1 Canada Biodegradable Cutlery Market, By Raw Material
5.3 Mexico Biodegradable Cutlery Market
5.3.1 Mexico Biodegradable Cutlery Market, By Raw Material
5.4 Rest of North America Biodegradable Cutlery Market
5.4.1 Rest of North America Biodegradable Cutlery Market, By Raw Material
Chapter 6. Company Profiles
6.1 Vegware Ltd. (Novolex)
6.1.1 Company Overview
6.1.2 SWOT Analysis
6.2 Biotrem
6.2.1 Company Overview
6.2.2 SWOT Analysis
6.3 TIPA CORP. LTD.
6.3.1 Company Overview
6.3.2 Recent strategies and developments:
6.3.2.1 Partnerships, Collaborations, and Agreements:
6.3.2.2 Acquisition and Mergers:
6.3.3 SWOT Analysis
6.4 Ecoware
6.4.1 Company Overview
6.4.2 SWOT Analysis
6.5 Better Earth LLC
6.5.1 Company Overview
6.5.2 Recent strategies and developments:
6.5.2.1 Acquisition and Mergers:
6.6 Eco Guardian Inc.
6.6.1 Company Overview
6.6.2 Recent strategies and developments:
6.6.2.1 Partnerships, Collaborations, and Agreements:
6.7 Huhtamaki Oyj
6.7.1 Company Overview
6.7.2 Financial Analysis
6.7.3 Segmental and Regional Analysis
6.7.4 Research & Development Expenses
6.8 Pactiv Evergeen Inc.
6.8.1 Company Overview
6.8.2 Financial Analysis
6.8.3 Segmental and Regional Analysis
6.8.4 Research & Development Expenses
6.9 Biopak (Duni AB)
6.9.1 Company Overview
6.9.2 Financial Analysis
6.9.3 Segmental and Regional Analysis
6.9.4 Research & Development Expenses
6.10. Genpak, LLC (Great Pacific Enterprises, Inc.)
6.10.1 Company Overview

Companies Mentioned

  • Huhtamaki Oyj
  • Pactiv Evergeen Inc.
  • Vegware Ltd. (Novolex)
  • Biotrem
  • Biopak (Duni AB)
  • Genpak, LLC (Great Pacific Enterprises, Inc.)
  • TIPA Corp. Ltd.
  • Ecoware
  • Better Earth LLC
  • Eco Guardian Inc.

Methodology

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