China Biodegradable Cutlery Market Size & Outlook
China biodegradable cutlery market, 2017-2030 (US$M)
Related Markets
China biodegradable cutlery market highlights
- The China biodegradable cutlery market generated a revenue of USD 2.5 million in 2023 and is expected to reach USD 4.4 million by 2030.
- The China market is expected to grow at a CAGR of 8.3% 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.
Biodegradable cutlery market data book summary
| Market revenue in 2023 | USD 2.5 million |
| Market revenue in 2030 | USD 4.4 million |
| Growth rate | 8.3% (CAGR from 2023 to 2030) |
| Largest segment | Plastic |
| Fastest growing segment | Wood |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 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, China accounted for 6.0% of the global biodegradable cutlery market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China biodegradable cutlery market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 4.4 million by 2030.
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Biodegradable Cutlery Market Scope
Biodegradable Cutlery Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
China 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 28% in 2023. Horizon Databook has segmented the China biodegradable cutlery market based on wood, husk, paper, plastic covering the revenue growth of each sub-segment from 2017 to 2030.
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Target buyers of China 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 country-level data and insights on the China biodegradable cutlery market , including forecasts for subscribers. This country databook contains high-level insights into China biodegradable cutlery market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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China biodegradable cutlery market size, by raw material, 2017-2030 (US$M)
China Biodegradable Cutlery Market Outlook Share, 2023 & 2030 (US$M)
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