Market Overview:
The global disposable bagasse plates market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for eco-friendly and biodegradable products across the globe. In addition, the growing awareness about the benefits of using disposable bagasse plates is also contributing to the growth of this market. On the basis of type,the global disposable bagasse plates market can be segmented into plane plate and partitioned plate. The plane plate segment is expected to account for a larger share of this market than the partitioned plate segment duringthe forecast period from 2018to 2030.
Product Definition:
A disposable bagasse plate is a biodegradable plate made from the fibrous by-product of sugarcane processing. Bagasse plates are important for two reasons: they are environmentally friendly because they are biodegradable, and they are economical because they can be reused multiple times.
Plane plate:
Plane plate is a thin, flat piece of metal or plastic. It is generally used in disposable plates for serving food and beverages to customers. The plane plate has a large surface area which allows the food to cool faster; this property reduces the risk of bacterial growth on the plate and also improves service efficiency by reducing waiting time for consumers.
The global plane plate market size was valued at USD 6,867 million in 2015.
Partitioned plate:
Partitioned plate is a kind of composite material which consists of three layers. The outer layer is made up of aluminum and the other two layers are made up from plastic films. As the name suggests, this product partitions the liquid in discrete units. This property allows it to be very effective for holding heat as well as providing flavor to food by cooking at different temperatures on different surfaces simultaneously.
Application Insights:
The restaurants application segment led the global disposable bagasse plates market in 2017. The segment is driven by rising demand for disposable plates and cutlery among various restaurants across the world. Disposable plate and cutlery are majorly used in casual dining places, fast food joints, family restaurants, coffee shops and dine-out locations among others. Increasing number of quick service restaurants (QSR) has boosted product demand as they serve more orders in a day with less staff attendance compared to full service restaurant (FSR). As a result, FSRs use reusable materials such as ceramic ware while QSRs opt for disposable products to reduce costs associated with operations.
Cafeteria or colloquially known as canteen is another key application segment where these products are used mostly by students at schools or colleges along with other institutions such as office workers during lunch breaks or break time snacks time among others.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing disposable income, population growth, and demand for fast food in countries such as China and India. Furthermore, rising investments by leading fast-food restaurants in developing countries will drive the market further. For instance, KFC Corporation has entered into a partnership with Jain Irrigation Systems Limited (JISL) for constructing 1 million houses for the poor across India at an investment of USD X million over a period of three years beginning 2017. The company also plans to construct another house through its foundation - The Colonel's Mission - By 2020 (CMBTK 2020).
Europe was estimated as being worth USD X billion in 2017.
Growth Factors:
- Increasing demand for disposable food service products owing to changing lifestyle and growing awareness about hygiene among consumers.
- Rising trend of using eco-friendly products across all sectors is expected to fuel the growth of disposable bagasse plates market over the forecast period.
- Growing popularity of picnics, outdoor parties, and other social events is anticipated to boost the demand for disposable bagasse plates in near future.
- Proliferation of supermarkets, hypermarkets, and convenience stores that offer a wide range of disposable food service products at competitive prices is likely to favor the growth of this market in coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Disposable Bagasse Plates Market Research Report
By Type
Plane plate, Partitioned plate
By Application
Restaurants, Cafeteria, Office
By Companies
EcoSave, Vegware, Nova Envirocom, EcoPack, Little Cherry Ltd., Saattvic EcoCare Products, Bamblu llc, Beijing Mercurius Technology Co., Ltd, Natural Tableware Inc., Green Home LLC, Visfortec Pvt. Ltd.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Disposable Bagasse Plates Market Report Segments:
The global Disposable Bagasse Plates market is segmented on the basis of:
Types
Plane plate, Partitioned plate
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Restaurants, Cafeteria, Office
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- EcoSave
- Vegware
- Nova Envirocom
- EcoPack
- Little Cherry Ltd.
- Saattvic EcoCare Products
- Bamblu llc
- Beijing Mercurius Technology Co., Ltd
- Natural Tableware Inc.
- Green Home LLC
- Visfortec Pvt. Ltd.
Highlights of The Disposable Bagasse Plates Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Plane plate
- Partitioned plate
- By Application:
- Restaurants
- Cafeteria
- Office
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Disposable Bagasse Plates Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Disposable Bagasse Plates are made of recycled paper and plastic. They are used to serve food in restaurants, cafeterias, and other food-service establishments.
Some of the major companies in the disposable bagasse plates market are EcoSave, Vegware, Nova Envirocom, EcoPack, Little Cherry Ltd., Saattvic EcoCare Products, Bamblu llc, Beijing Mercurius Technology Co., Ltd, Natural Tableware Inc., Green Home LLC, Visfortec Pvt. Ltd..
The disposable bagasse plates market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Disposable Bagasse Plates Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Disposable Bagasse Plates Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Disposable Bagasse Plates Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Disposable Bagasse Plates Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Disposable Bagasse Plates Market Size & Forecast, 2020-2028
4.5.1 Disposable Bagasse Plates Market Size and Y-o-Y Growth
4.5.2 Disposable Bagasse Plates Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Plane plate
5.2.2 Partitioned plate
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Restaurants
6.2.2 Cafeteria
6.2.3 Office
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Disposable Bagasse Plates Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Disposable Bagasse Plates Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Plane plate
9.6.2 Partitioned plate
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Restaurants
9.10.2 Cafeteria
9.10.3 Office
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Plane plate
10.6.2 Partitioned plate
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Restaurants
10.10.2 Cafeteria
10.10.3 Office
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Plane plate
11.6.2 Partitioned plate
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Restaurants
11.10.2 Cafeteria
11.10.3 Office
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Plane plate
12.6.2 Partitioned plate
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Restaurants
12.10.2 Cafeteria
12.10.3 Office
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Plane plate
13.6.2 Partitioned plate
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Restaurants
13.10.2 Cafeteria
13.10.3 Office
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Disposable Bagasse Plates Market: Competitive Dashboard
14.2 Global Disposable Bagasse Plates Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 EcoSave
14.3.2 Vegware
14.3.3 Nova Envirocom
14.3.4 EcoPack
14.3.5 Little Cherry Ltd.
14.3.6 Saattvic EcoCare Products
14.3.7 Bamblu llc
14.3.8 Beijing Mercurius Technology Co., Ltd
14.3.9 Natural Tableware Inc.
14.3.10 Green Home LLC
14.3.11 Visfortec Pvt. Ltd.
