Asia Pacific Biodegradable Cutlery Market Size & Outlook
Asia Pacific biodegradable cutlery market, 2017-2030 (US$M)
Related Markets
Asia Pacific biodegradable cutlery market highlights
- The Asia Pacific biodegradable cutlery market generated a revenue of USD 8.0 million in 2023.
- The market is expected to grow at a CAGR of 7.9% from 2024 to 2030.
- In terms of segment, plastic was the largest revenue generating raw material in 2023.
- Wood is the most lucrative raw material segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 8.0 million |
| Market revenue in 2030 | USD 13.6 million |
| Growth rate | 7.9% (CAGR from 2023 to 2030) |
| Largest segment | Plastic |
| Fastest growing segment | Wood |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Wood, Husk, Paper, Plastic |
| Key market players worldwide | Huhtamäki Oyj, Biorem Inc, Pactiv Evergreen Inc Ordinary Shares, GreenGood Eco-Tech, Bionatic, Genpak, Eco Guardian, Vegware, BioPak |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 19.2% of the global biodegradable cutlery market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 20.3 million by 2030.
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Biodegradable Cutlery Market Scope
Biodegradable Cutlery Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific biodegradable cutlery market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to biodegradable cutlery market will help companies and investors design strategic landscapes.
Plastic was the largest segment with a revenue share of 30% in 2023. Horizon Databook has segmented the Asia Pacific biodegradable cutlery market based on wood, husk, paper, plastic covering the revenue growth of each sub-segment from 2017 to 2030.
Reasons to subscribe to Asia Pacific biodegradable cutlery market databook:
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Asia Pacific biodegradable cutlery market databook
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Our clientele includes a mix of biodegradable cutlery market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific biodegradable cutlery market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific biodegradable cutlery market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific biodegradable cutlery market size, by country, 2017-2030 (US$M)
Asia Pacific Biodegradable Cutlery Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
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