Overview of the Global Biodegradable Bagasse Tableware Industry Report 2022

The bagasse segment is expected to grow steadily over the next four years. According to Yihe Consulting's "2022 Global Biodegradable Bagasse Tableware Professional Survey Report, Forecast to 2027", with the development of the food service industry and the changes in people's lifestyles, the biodegradable bagasse tableware industry is developing at an alarming rate. According to Yihe Consulting's regression analysis model, the compound annual growth rate (CAGR) for the period 2022-2027 is expected to be 5.72%.

Analyst view:

“As more and more consumers become more environmentally conscious, the demand for bagasse boards is expected to increase in the future. R&D innovation will be in the The cutting edge of introducing new designs in eco-friendly disposable tableware.

Market Insights:

The biodegradable bagasse tableware product is a stylish and highly regarded product as a green alternative to plastic tableware. Biodegradable bagasse tableware products or sugarcane fiber tableware products are made from bagasse and are an eco-friendly alternative to polystyrene and Styrofoam tableware products. Also known as sugarcane biodegradable tableware products, these products are lightweight, recyclable and have other unique properties. Bagasse tableware products such as plates, cups, bowls, trays and cutlery are in high demand in the food and beverage industry. Due to their unique properties such as sturdiness, durability and longer lifespan, they are becoming a favorite food packaging solution for consumers. These tableware products are 100% biodegradable, eco-friendly and break down within 60 days. Hence, customer preference for eco-friendly and sustainable packaging will create prospects for market growth.

Competitive Landscape:

Consistent with this Pactiv Evergreen Consulting Market report designed to assist clients in enhancing their market position, this report provides an overview of several leading bagasse companies including Pactiv Evergreen Inc., Bio Futura B.V., Dart Container Corporation, Genpak, LLC A detailed analysis of the sheet company., Duni AB.

Bagasse Board Market Segmentation:

The bagasse board market is segmented by type into under 8 inches, 8 inches to 12 inches, and over 12 inches. 8 inches to 12 inches dominate the market and are the most widely used in the market. On the basis of application, the bagasse trays market is segmented into commercial and household. Commercial use occupies a dominant position in the market, and the commercial demand for disposable tableware is large.

Bagasse Board Market:

In terms of geography, the global bagasse board market has been segmented into: North America, Asia Pacific, Europe, South America, and Middle East & Africa. North America is currently a major regional market for bagasse boards due to changing lifestyles. The population of the region has increased the demand for the market. Fast food restaurants, food chains and cafes in countries such as China and India are increasingly turning to eco-friendly cutlery. CAGR: 5.72%, largest playing area: North America.