Report

Global Bagasse Bowl Market Size study, by Product Type (Less than 12 oz., 13-16 oz., more than 16 oz.), by Sales Channel (Direct, Indirect), by End-User (Commercial, Institutional, Residential) and Regional Forecasts 2022-2028

  • Publish Date: May,2022
  • Report ID: QI037
  • Page : 250
  • Report Type : PDF (Email)
Global Bagasse Bowl Market is valued at approximately USD XXX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2028. Bagasse Bowls and other containers are produced from sugarcane fibres left over after the plant's sugar content has been extracted. Instead of burning this "waste product," producers can use the fibrous pulp to create eco-friendly disposable products and even building materials. Bagasse Bowls are more durable than plastic or normal paper bowls, and they are less easily destroyed by cutlery, heat, or greasy dishes. These bowls are composed entirely of natural sugarcane fibers and are disposable. Rising restrictions to use plastics, rising awareness among people to opt for environment-friendly options, rising environment conservation policies and key players continuously strategizing and opting for better innovations have driven the adoption of Bagasse Bowl Market across the projected period. For Instance: Herald Plastics, a very well-known tableware producer, in September 2019 introduced a wide range of Bagasse goods, including flatware, plates, and bowls. Also, rising food takeout and home delivery systems and rising trend to use biodegradable cutlery among millennials are most likely to boost the overall growth of the Bagasse Bowl Market. However, availability of plastic ware at cheap rates and high cost of the Bagasse products can obstruct the market's expansion over the projection period of 2022-2028.

The key regions considered for the Global Bagasse Bowl Market study include Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Rising usage of biodegradable cutlery is driving the market growth in North America. Asia Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2022-2028. The market is expected to grow during the projected period, due to rising focus towards using biodegradable material in the food service sector.

Major market players included in this report are:

Huhtamaki Oyj

Genpack LLC

Dart Container Corporation

Meshline Manufacturing Inc.

Wasara Co. Ltd.

Pactiv LLC

Gold Plast S.p.A

Eco aProducts/Nature-ware

Yash Ltd.

Duni AB

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product Type:

Less than 12 oz.

13-16 oz.

More than 16 oz.

By Sales Channel:

Direct

Indirect

By End-User:

Commercial

Institutional

Residential

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019, 2020

Base year - 2021

Forecast period - 2022 to 2028

Target Audience of the Global Bagasse Bowl Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors