The global compostable tableware market is experiencing steady growth, fueled by increasing environmental awareness and demand for sustainable alternatives to traditional plastic products. Valued at USD 260 million in 2022, the market is projected to reach USD 300 million by 2030, expanding at a compound annual growth rate (CAGR) of 7.21% during the forecast period from 2023 to...
The global compostable tableware market is rapidly gaining traction as environmental concerns and the push for sustainable practices intensify. With increasing awareness about the adverse effects of plastic pollution and a growing demand for eco-friendly alternatives, compostable tableware is emerging as a vital solution in the foodservice and hospitality industries. This article delves into...
The global Compostable Tableware market is estimated to attain a valuation of US$ 1.16 Bn by the end of 2031, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 6.5% during the forecast period, 2022-2031.
The key objective of the TMR report is to offer a complete assessment of the global...
The compostable tableware market is poised for significant growth over the next decade, driven by increasing environmental awareness and stringent regulations aimed at reducing plastic waste. In 2023, the global industry was valued at US$ 770.5 million and is projected to reach US$ 1.8 billion by 2034, growing at a compound annual growth rate (CAGR) of 8.0% from 2024 to 2034. This growth can be...
Overview of the Compostable Tableware Market
The compostable tableware market is a rapidly expanding segment within the broader sustainable products industry. Driven by increasing environmental awareness, legislative measures, and consumer preference for eco-friendly alternatives, this market encompasses a range of products including plates, cups, cutlery, and straws made from biodegradable...
The compostable tableware market is poised for significant growth over the next decade, driven by increasing environmental awareness and stringent regulations aimed at reducing plastic waste. In 2023, the global industry was valued at US$ 770.5 million and is projected to reach US$ 1.8 billion by 2034, growing at a compound annual growth rate (CAGR) of 8.0% from 2024 to 2034. This growth can be...
The market study covers the Global Compostable Tableware Market crosswise segments. It purposes at estimating the market size and the growth prospective of the market segments, such as supplier, application, organization size, and business vertical. The study also includes a detailed competitive analysis of the key players in the market, along with their enterprise profiles, key observations...
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