Biodegradable Tableware Market Size

Biodegradable Tableware Market size was valued at USD 15.22 billion in 2023 and is set to exceed USD 32.86 billion by 2036, registering over 6.1% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of biodegradable tableware is evaluated at USD 15.96 billion.

Rising awareness regarding the ill effects of plastic tableware, awareness about the benefits of environmental friendly tableware, increasing adoption of non-toxic and petroleum free products, increasing disposable income and extending investment in research and development are some of the significant factors that are projected to result in the market growth. Additionally, the sustainability trend has led to the packaging industry to adopt a change in the materials used by them. These sustainability-centered initiatives and the need for change in packaging formats along with other prominent industry trends have been impacting the packaging industry.

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of biodegradable tableware is evaluated at USD 15.96 billion.

Biodegradable Tableware Market size was valued at USD 15.22 billion in 2023 and is set to exceed USD 32.86 billion by 2036, registering over 6.1% CAGR during the forecast period i.e., between 2024-2036.

North America industry is expected to account for largest revenue share by 2036, driven by presence of leading players in the region which manufacture and market biodegradable tableware.

The major players in the market are Biotrem, Reynolds Consumer Products, Eco-Products, Inc., Dinearth, Georgia-Pacific, SOLIA, Al Bayader International L.L.C, Natural Tableware, Dart Container Corporation, and others.

Biodegradable Tableware Market Size