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Global Plastic Cutlery Market Growth 2019-2024

Global Plastic Cutlery Market Growth 2019-2024

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Global Plastic Cutlery Market Growth 2019-2024
Global Plastic Cutlery Market Growth...
Report Code
RO5/109/1665

Publish Date
07/Mar/2019

Pages
130
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Plastic cutlery is a kind of cutlery that made of plastic materials. It's cost-efficient and sanitary. Plastic cutlery is made for disposable use, and is frequently used outdoors for camping, excursions, and barbecues for instance. Plastic cutlery is also commonly used at fast-food or take-away outlets and provided with airline meals in economy class. Plastic is also used for children's cutlery.
Geographically, the consumption market is leading by Europe and Asia-Pacific, sales in Asia Pacific regions like China, Japan, Southeast Asia and India will keep significant growth in future period, while in Europe, with the implication of new ban policy on disposable plastic cutlery, the market may see downward trend, moreover, the booming take-out, delivery, and food service & catering industry is deeply concerned about the detrimental impact the regulation will have on its revenues. Innovation products like plant-based or the new edible cutlery will show huge development potential in the forecast period.
Huhtamaki and Dart are the biggest two players in Plastic Cutlery market, with about 3.88% and 4.66% market share separately in 2017. Other leading market players in Plastic Cutlery market include Lollicup USA, Solia, TrueChoicePack (TCP), Eco-Products, Fuling, Swantex, Biopac, Dopla etc. The market competition may become more intense with more innovation products, acquisitions and improvement of raw material cost control and etc.
Each of the Plastic Cutlery manufacturers has its own mature sales networks. Through retailer and resells, their authorized distributors or their partners, those Plastic Cutlery manufacturers keep keen on expanding their Plastic Cutlery sales. To achieve better sales businesses, Plastic Cutlery manufacturers usually invest on their marketing channel infrastructure every year.

According to this study, over the next five years the Plastic Cutlery market will register a 1.8% CAGR in terms of revenue, the global market size will reach US$ 2880 million by 2024, from US$ 2640 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Plastic Cutlery business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Plastic Cutlery market by product type, application, key manufacturers and key regions and countries.

This study considers the Plastic Cutlery value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3: and forecast to 2024 in section 11.7.
Plastic Knife
Plastic Fork
Plastic Spoon
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4: and forecast to 2024 in section 11.8.
Household
Commercial

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Huhtamaki
Dart
Lollicup USA
Solia
TrueChoicePack (TCP)
Eco-Products
Fuling Global
Swantex
Biopac
Dopla

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Plastic Cutlery consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Plastic Cutlery market by identifying its various subsegments.
Focuses on the key global Plastic Cutlery manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Plastic Cutlery with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Plastic Cutlery submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

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