Plastic Cutlery Market Size, Share, Growth, and Industry Analysis by Type (Plastic Knife, Plastic Fork, Plastic Spoon & Others), By Application (Direct Sales, Supermarkets & Hypermarkets, Convenience Stores & Online Sales), Regional Insights, and Forecast To 2031

Updated On: 20 November 2023

Plastic Cutlery Market REPORT OVERVIEW

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The global plastic cutlery market size was USD 2521 million in 2021 and market to touch USD 2900.4 million by 2031, at a CAGR of 1.4%. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.

Any fork, spoon, spork, or knife made primarily of plastic and produced from either petroleum or a biologically based polymer, such as corn or other plant sources, is referred to as plastic cutlery. These items are only meant to be used once. It is a disposable item with only one use. They are frequently used by fast-food restaurants, camping and catering companies, and restaurants that deliver meals to customers' homes, planes, and events. Additionally, it is employed at gatherings like picnics and parties where there aren't any suitable washing facilities. Fast food restaurants are renowned for their use of plastic cutlery.

The fact that this cutlery is affordable, practical, and durable for holding any food is helping to increase sales. The widespread availability of raw materials benefits manufacturers and boosts sales of the market. Plastic is the most popular material for disposable cutlery. Either polypropylene or polystyrene is used in its construction. A tool with one or more blades, the plastic knife is typically used to slice food products. It can be distinguished from knives made of metal because it has a plastic blade that isn't sharpened. A kitchen tool with wide tines or prongs, the plastic fork is used to stir, spear, and lift food.

COVID-19 Impact: Industry Imbalance to Restrict Market Growth

For consumer companies, the COVID-19 outbreak resulted in issues like unstable markets, a decline in client confidence, and challenges with import and export business. The global supply chain includes the sourcing of raw materials, packaging, and distribution. Moving commodities, chemicals, and other items has become challenging due to lockdowns. It had a financial impact on the markets for equipment in addition to having an immediate impact on markets, supply chains, supply and demand, and all of these other things. Producers of consumer are focusing on protecting their workforce, operations, and supply networks in order to handle this urgent situation. The pandemic impacted the industry dynamics, forcing organizations to revamp their entire operation structures to maintain stability amid the disruptions. Aside from that, the companies' business operations have been affected by the outbreak, which has an effect on the overall consumer industry. This has partially impacted the plastic cutlery industry.

LATEST TRENDS

"Social Gathering to Boost the Market Growth"

The key market trend is the sharp rise in outdoor social gatherings and events, which is driving up demand for cutlery and driving producers in the disposable cutlery market to develop cutlery specifically suited for social settings. The demand for food served in this cutlery is significantly increased by outdoor social events and occasions, such as neighborhood get-togethers, weddings, club meetings, etc., which is propelling market expansion. Additionally, the growing camping trend, which is particularly popular among millennials, is opening up lucrative market growth opportunities and enabling manufacturers to increase their market share. The industry is anticipated to grow during the forecast period thanks to this trend. Thus, it is anticipated that the rising social gathering and parties will increase overall market sales. These new developments and varieties in product are mostly to blame for the market's overall growth.

Plastic Cutlery Market SEGMENTATION

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• By Types 

Based on type, the market is classified into Plastic Knife, Plastic Fork, Plastic Spoon & Others.

• By Application

Based on the market is categorized into Direct Sales, Supermarkets & Hypermarkets, Convenience Stores & Online Sales.

DRIVING FACTORS

"Product Use in Restaurant that Gives the Market Extra Boost"

Due to the increasing number of international quick-service restaurants (QSRs) around the world, foodservice disposables are driving up the sales of plastic cutlery. Such restaurants do not budget funds for the maintenance and cleaning of serving ware. This enables chain operators to reduce labor costs, which in turn boosts demand for the market. Consumer consumption patterns have been moving quickly in the food and beverage sector. Online meal delivery services typically offer a return on investment (ROI) of over 40% in developing markets like India. Due to the intense competition among meal delivery platforms, there is a lucrative market for food disposables and a good chance for cutlery sales as a result. This is one of the main driving forces behind the product's demand in developing countries. As a result, the growth, and the implementation of IoT will boost the market. It will contribute to the expansion of the consumer goods industry and it will improve the overall plastic cutlery market growth.

"Increase Competition to Encourage Market Expansion"

Manufacturers of plastic cutlery benefit from a wide distribution network from which to meet the global demand. There is more competition on the global market. Due to increased competition, new businesses are filling the demand for more affordable cutlery by providing a wide range of options at competitive prices. Due to the product's applications for being lightweight, sales are also increasing. Since it comes in a variety of colors, it is easy to store, hygienic, and appealing. This item is highly sought after for outdoor occasions like weddings, parties, meetings, and celebrations; as a result, the sales of this cutlery are consistently increasing. This will increase demand for the product and help the industry as a whole to expand. The increase competition in industry is helping the market to grow.

RESTRAINING FACTORS

"Harmful Effect on Environment to Impede Market Expansion"

Costs for these plates, cups, spoons, and forks are higher than those for traditional cutlery, which restrains market expansion. In addition, some plastics release greenhouse gases during the decomposition process, which may have some negative effects on the environment despite having several environmental benefits. These issues are the main roadblocks to market expansion. Therefore, during the forecast period, these factors are anticipated to restrain market growth. But as time goes on, this issue will be resolved in some way. If this problem is fixed, the market will start to grow right away.

Plastic Cutlery Market REGIONAL INSIGHTS

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"North America Dominating the Market Across the Globe"

The market for plastic cutlery in North America has benefited from the region's expanding industrial development and a number of driving factors that have boosted the potential sectors because this region is the product's primary user. The rising product demand in direct sales, supermarkets & hypermarkets, convenience stores & online sales sector is boosting the plastic cutlery market share. Trends toward rapid urbanization will support the market as a whole even more.

KEY INDUSTRY PLAYERS

"Leading Manufacturers to Boost Product Demand"

Study includes information on the market players and where they stand within the sector. Data is being collected and made available through proper research, mergers, technical advancement, growing production facilities, and cooperation. The study on materials offers details on manufacturers, regions, types, applications, sales channels, distributors, traders, dealers, research findings, and more.

List of Market Players Profiled

• Dart (U.S.)
• Solia (U.S.)
• Lollicup USA (U.S.)
• Swantex U.S.)
• Dopla (Italy)

REPORT COVERAGE

The research goes into great detail about market segmentation by type and application. The study examines a broad range of participants, including current and potential market leaders. A sizable market expansion is anticipated as a result of a number of important factors. The research also examines factors that may increase the plastic cutlery industry share in order to provide market insights. The report makes forecasts for market expansion over the anticipated time period. The objective of the regional research is to explain why one region dominates the global market. A number of properly taken into account factors prevent the industry from growing. The research also includes a strategic analysis of the market. It includes thorough market information.