Biodegradable Cutlery Market Share, Growth Opportunities and Current Scenario till 2025

Biodegradable Cutlery Market Share, Growth
Opportunities and Current Scenario till 2025
“The global biodegradable cutlery market size is estimated to attain USD 50.7 million, by the end of
2025, and is projected to grow at the CAGR of around 5.9% from 2019 to 2025, according to the new
report by Million Insights.”
The global Biodegradable Cutlery Market size is estimated to attain USD 50.7 million, by the end of 2025, and is
projected to grow at the CAGR of around 5.9% from 2019 to 2025, according to the new report by Million Insights.The
strict policies set by the government authorities on the use of non-biodegradable plastics materials is a key factor
propelling the market growth.
Several countries have banned the use of plastic owing to its adverse effects. In 2018, European Union has made
policies regarding reducing marine litter by banning plastic’s single-use. Additionally, in 2015, European Commission
has made directives to regulate the use of plastic handbags.
With this directive 28 European countries are expected to cut down the use of plastic handbags from 90 to 40 items
per person by 2025. The commission has also set fine for overuse of the plastics. All these regulations are helping to
create awareness among consumers regarding biodegradable items.
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North America region is projected to grow at the fastest CAGR of around 6.2% over the forecasted period. In the
recent few years, in North America the consumption of plastic is reducing every year. For example, Starbucks
Corporation is projected to cut down the usageof plastic made straws by the end of 2020. All these initiatives are
anticipated to propel the biodegradable product demand in the coming few years.
Major players in the biodegradable cutlery market are HuhtamäkiOyj, BETTER EARTH LLC, Biotrem, BIOPAK, Pactiv
LLC, Vegware, Genpak, LLC, Eco Guardian, and GreenGood USA.
Further key findings from the report suggest:

• Based on the raw material, paper type segment is anticipated to grow at the CAGR of over 6.3% over the
forecasted period. Wood segment is estimated to exceed at CAGR of around 6.2% during the forecasted period.
• Europe led the market with share of over 36.0% in the year 2018.
• Based on the distribution channel, retail channels segment attributed to market share over 50% in 2018.
• Top players in the market focus on product innovation, R&D to increase their presence across the globe.
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Million Insights has segmented the biodegradable cutlery market based on raw material, and region:
Biodegradable Cutlery Raw Material Outlook (Revenue, USD Million, 2015 - 2025)
• Wood
• Husk
• Paper
• Plastic
• Others
Biodegradable Cutlery Regional Outlook (Revenue, USD Million, 2015 - 2025)
• North America
• U.S.
• Europe
• U.K.
• Germany
• Asia Pacific
• China
• Japan

• India
• Central & South America
• Brazil
• Middle East & Africa
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