Global Biodegradable Tableware Market
Biodegradable Tableware Market Size And Forecast
According to Verified Market Research, The Global Biodegradable Tableware Market was valued at USD 2,754.9 Million in 2018 and is projected to reach USD 4,355.1 Million by 2026, growing at a CAGR of 6.01% from 2019 to 2026.
Global Biodegradable Tableware Market Outlook
The biodegradable tableware is the eco-friendly tableware that is made from waste materials like sugarcane bagasse, rice husk, coconut coir. The rise in awareness of environmental pollution drives the biodegradable tableware market globally. There is observed to be an increasing number of emerging green businesses globally and as a result, there is an increasing potential for the production of, and the use for biodegradable tableware. The growing awareness regarding the adverse effects of plastic such as on aquatic and aerial creatures are aiding the growth of the market.
Global Biodegradable Tableware Market Competitive Landscape
The Global Biodegradable Tableware market is highly fragmented with the presence of a large number of manufacturers globally. Some of the major players include Lollicup USA, AL Bayader, HUHTAMAKI GROUP, Eco-Product, Biotrem, CHUK (Yash Papers Limited), Natural Tableware, Ecoware, and Pappco Greenware.
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