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The bamboo plate market size is forecast to increase by USD 111.5 million and is estimated to grow at a CAGR of 4.83% between 2023 and 2028. The adoption of sustainable dining options, including bamboo plates, is on the rise in the online food catering industry. Vendors are increasingly recognizing the environmental benefits of using bamboo plates as an alternative to disposable plastic or Styrofoam containers. Bamboo, a rapidly renewable resource, grows quickly and requires minimal water and pesticides. Moreover, bamboo plates are biodegradable and compostable, reducing waste and environmental impact. Government regulations, such as those aimed at reducing single-use plastics, further encourage the use of eco-friendly alternatives like bamboo plates. By offering sustainable options, online food catering services can differentiate themselves, appeal to environmentally conscious consumers, and contribute to a more sustainable food system.
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The market is witnessing significant growth due to the increasing demand for eco-friendly and sustainable tableware options. Bamboo tableware, made from bamboo fibers or bamboo pulp, is a popular alternative to plastic-based tableware. These plates offer several advantages over conventional disposable plates, including being a renewable resource, biodegradable, and non-toxic. Bamboo plates provide durability and aesthetic appeal, making them suitable for various applications such as restaurants, flight catering services, and personal use. The environmentally-conscious consumer trend is driving the demand for eco-friendly tableware, and bamboo plates are gaining popularity as they offer a sustainable solution to plastic waste. The market for bamboo plates is segmented into premium, medium, and economy segments based on price. The premium segment caters to the high-end market, while the economy segment caters to budget-conscious consumers. Washable and reusable bamboo plates are also gaining popularity in the market. Despite their advantages, bamboo plates face competition from paper plates and plastic plates. However, the growing awareness of the environmental impact of plastic waste is expected to boost the demand for bamboo tableware in the coming years. The market is expected to grow at a steady pace, offering opportunities for manufacturers and suppliers. Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Increase in adoption of bamboo plates for online food catering is notably driving market growth. Bamboo plates have gained popularity in various sectors, including catering purposes for ceremonies and in-flight catering services. These plates are known for their heat and moisture resistance, making them ideal for food delivery services. As a renewable resource, bamboo offers biodegradability and durability, which is a significant advantage over conventional disposable plates made from plastic.
Moreover, the aesthetic appeal of bamboo plates, available in round, square, and rectangular shapes, adds value to sustainable packaging for retailers and food service providers. The e-commerce expansion and increasing demand for organic and premium products have fueled the market growth for bamboo plates. Their use is not limited to residential use but also extends to commercial use, such as restaurants and flight catering services. Thus, such factors are driving the growth of the market during the forecast period.
Growing prominence of online shopping is the key trend in the market. The global market has experienced significant growth in recent years, with e-commerce playing a pivotal role in its expansion. Consumers can now access a wide range of bamboo plates from various brands around the world through online retail channels.
Moreover, the proliferation of smartphones and the increasing number of e-commerce vendors have contributed to this growth. Major online retailers, such as Amazon.com Inc. and eBay Inc., are among the key players in this market. As the trend towards online retailing continues to gain momentum, particularly in developing countries like India, Brazil, and Iran, the sales of bamboo plates through e-commerce are anticipated to rise. Thus, such trends will shape the growth of the market during the forecast period.
Distribution challenges related to bamboo plates is the major challenge that affects the growth of the market. Bamboo plates, crafted from the natural fibers or pulp of this renewable resource, have gained significant traction in various sectors, including catering purposes for ceremonies and in-flight catering services.
Moreover, these eco-friendly alternatives offer numerous advantages, such as heat and moisture resistance, biodegradability, and durability, which make them an attractive choice over conventional disposable plates made of plastic. Retailers and food service providers, including restaurants, are increasingly embracing sustainable packaging solutions, leading to a growing market for bamboo plates. Hence, the above factors will impede the growth of the market during the forecast period.
The market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Anhui Bochen Eco Co: The company offers eco friendly bamboo fiber divided plate tableware with rice husk.
The market research and growth report also includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The disposable segment is estimated to witness significant growth during the forecast period. The market is experiencing a significant shift from plastic-based tableware, with outer nodes of the industry focusing on eco-friendly and non-toxic alternatives. Bamboo plates, a key component of this market, offer numerous benefits for the environment.
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The disposable segment was the largest segment and valued at USD 269.70 million in 2018. They are biodegradable, durable, washable, and reusable, making them an attractive choice for restaurants, cafes, catering services, hotels, catering agencies, and households. These plates are particularly useful for parties, events, and diet control plates, with sections for vegetables, fruits, and cereals. The shift towards bamboo tableware is driven by growing concerns for the environment and the human body. Hence, such factors are fuelling the growth of this segment during the forecast period.
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APAC is estimated to contribute 68% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. Bamboo tableware, an eco-friendly alternative to plastic-based tableware, is gaining popularity in various sectors due to its numerous benefits. The outer nodes of bamboo, which form the epidermis, are utilized to create these plates. Unlike plastic plates, which are not biodegradable and contribute to environmental degradation, bamboo tableware is a sustainable choice. It is non-toxic, durable, washable, and reusable, making it an ideal option for restaurants, cafes, catering services, and households. Hence, such factors are driving the market in APAC during the forecast period.
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million " for the period 2024-2028, as well as historical data from 2018 - 2022 for the following segments.
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Bamboo tableware, made from the outer nodes of the bamboo plant, has gained popularity as an eco-friendly alternative to plastic-based tableware. Unlike plastic plates, bamboo plates are non-toxic, durable, washable, and reusable. The environmentally-conscious choice is becoming increasingly preferred in various sectors, including restaurants, catering services, cafes, and households. The market landscape depends on offline retail, residential use, Customization and personalization, Marketing and awareness campaigns, Restaurant. Bamboo tableware is also biodegradable, making it a better option for the planet compared to paper or glass plates. Its durability ensures it can withstand repeated use, reducing the need for constant replacement. Additionally, it is suitable for various occasions, from parties and events to diet control plates for health-conscious individuals.
Moreover, the vegetable, fruits, and cereals sections are popular choices for bamboo plates due to their ability to keep food fresh and moist. Bamboo plates' strong bases prevent spills and ensure stability during use. They are also ideal for cloud kitchens and food delivery services, making the transportation of food easier and more sustainable. Bamboo tableware is also suitable for kids and children, providing a safe and eco-friendly option for their meals. Its non-toxic nature ensures that the food served on it is safe for consumption. The plates are also easy to pack and deliver, making them a convenient choice for catering agencies and hotels. In conclusion, bamboo tableware is a sustainable and eco-friendly alternative to plastic plates, offering numerous benefits such as durability, reusability, and biodegradability. Its versatility makes it suitable for various sectors and occasions, making it a preferred choice for those who value the health of the planet and their bodies.
Market Scope |
|
Report Coverage |
Details |
Page number |
129 |
Base year |
2023 |
Historic period |
2018 - 2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.83% |
Market growth 2024-2028 |
USD 111.5 million |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
4.37 |
Regional analysis |
APAC, South America, North America, Europe, and Middle East and Africa |
Performing market contribution |
APAC at 68% |
Key countries |
China, India, Japan, US, and Brazil |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
Anhui Bochen Eco Co., Audenza Ltd., Bamboo Bamboo, bambu LLC, Brand Stock Box Ltd, Earths Dreams SRL, Eatwell UK, Eco-Products Inc., Get Fresh, Guadua Bamboo, Lekoch, Little Cherry, Mann Bamboo Fiber Ware Co. Ltd, Morgiana, PacknWood, Pefso Co. Ltd, Red Butler, The Mane Lion, Tulipop, and Xiamen Ebei Import and Export Co. Ltd |
Market dynamics |
Parent market analysis, market report, market forecast , Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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