The Asia Pacific biodegradable food service disposables market size reached US$ 492.7 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 754.6 Million by 2032, exhibiting a growth rate (CAGR) of 4.71% during 2024-2032.
Report Attribute
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Key Statistics
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Base Year
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2023
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Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Size in 2023
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US$ 492.7 Million |
Market Forecast in 2032
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US$ 754.6 Million |
Market Growth Rate (2024-2032) | 4.71% |
Biodegradable disposables are produced from naturally occurring materials like sugarcane fiber (bagasse), corn starch, wheat bran, areca nut sheaths, bamboo, and various leaves such as palm leaves and coconut coir. These disposables can be composted after degradation as the material releases valuable nutrients into the soil, making it fertile. In the Asia Pacific region, biodegradable food service disposables are gaining preference owing to the growing awareness among consumers about the harm that non-biodegradable disposables cause to the environment.
The Asia Pacific biodegradable food service disposables market is primarily driven by the expanding food and beverage industry. Along with this, changing lifestyles of the urban population have increased the percentage of people choosing on-the-go food and drinks, thereby propelling the demand for biodegradable disposables. Besides this, the growing trend of online food retailing has generated the need for environmentally sustainable food packaging solutions. Besides this, regional governments are undertaking initiatives to promote the use of biodegradable food packaging materials as a way of reducing waste. For instance, Chai Point, one of the largest organized tea retailers in India, introduced 100% biodegradable packaging, such as food boxes, plates and cutlery, in 2016.
IMARC Group provides an analysis of the key trends in each segment of the Asia Pacific biodegradable food service disposables market report, along with forecasts at the regional and country levels from 2024-2032. Our report has categorized the market based on raw material type, product type, and distribution channel.
Breakup by Raw Material Type:
Breakup by Product Type:
Breakup by Distribution Channel:
Breakup by Country:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Features | Details |
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Base Year of the Analysis | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Units | US$ Million |
Segment Coverage | Raw Material Type, Product Type, Distribution Channel, Country |
Countries Covered | China, Japan, India, South Korea, Australia, Indonesia, Others |
Customization Scope | 10% Free Customization |
Report Price and Purchase Option | Single User License: US$ 3699 Five User License: US$ 4699 Corporate License: US$ 5699 |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |