Transparency Market Research delivers key insights on the global paper pulp disposable tableware market. In terms of revenue, the global paper pulp disposable tableware market is anticipated to expand at a CAGR of ~ 6% during the forecast period, owing to numerous factors, regarding which, TMR offers thorough insights and forecasts in the paper pulp disposable tableware market report.
Paper pulp disposable tableware is 100% natural and biodegradable in nature. These are made of agriculture waste such as bagasse, wheat straw, and rice husk. Bagasse is the most commonly used raw material to produce eco-friendly disposable tableware. Manufacturing companies were engaged in the production of a wide range of disposable tableware, which includes plates, bowls, cups, and cutleries. However, the governments of various countries banning the usage of plastic is anticipated to be a major driving factor for the growth of paper pulp disposable tableware during the forecast period.
In this market report, TMR proposes that, in the product segment, plates are estimated to be the most widely used product by the end of 2027, in the paper pulp disposable tableware market. The primary reason for the rise in the demand for plates in the near future is because plates are majorly used at household parties, wedding ceremonies, events, etc., across the globe. Rapid increase in the usage of paper pulp disposable tableware for commercial purposes, majorly in hotels, restaurants, parties & catering, events, etc., is expected to be a major driving factor of the paper pulp disposable tableware market. In addition, the sale of paper pulp disposable tableware through company-owned websites and various e-Commerce portals around the world is anticipated to further drive the growth of the paper pulp disposable tableware market.
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However, the offline channel still has a major impact on the distribution of paper pulp disposable tableware. Prominent global manufacturers have set up in-house distribution channels across various continents. Some manufacturers have tied up with third-party logistic companies for the distribution of products.