Korea Disposable Cutlery Industry Analysis & Forecast to 2034

Studying the Potential of the Disposable Cutlery Industry in Korea from (2024 to 2034)

The disposable cutlery in Korea is poised for substantial growth up to 2034, with the adoption of this solution in both the South Gyeongsang and North Jeolla regions anticipated to show a robust CAGR of 6.1% through 2034.

The demand for disposable cutlery has evolved into a mainstream industry in Korea, and this trajectory is set to drive the sector to an estimated valuation of approximately US$ 27.8 million in 2024. With a promising outlook and consumers growing reliance on online shopping platforms, the projected demand for stretch film in Korea is expected to reach an impressive US$ 50.5 million by 2034.

Key Insights and Highlights to Understand Emerging and Fast-growing Opportunities

Exploring innovative materials or coatings that enhance the performance of disposable cutlery in terms of durability, heat resistance, and usability.
Leveraging online platforms and e-commerce for direct-to-consumer sales, especially considering the growth of online shopping trends.
Educating consumers about the environmental impact of disposable cutlery and promoting the use of sustainable alternatives.

Attributes	Details
Demand Analysis (2024)	US$ 27.8 million
Demand Forecast (2034)	US$ 50.5 million
CAGR Estimation (2024 to 2034)	6.1%

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Key Trends Influencing Demand for Disposable Cutlery in Korea

The industry is witnessing innovations in materials, such as plant-based plastics and other sustainable alternatives, to enhance disposable cutlery performance and environmental profile.
Growing consumer awareness and concern about environmental issues drive demand for disposable cutlery from sustainable and biodegradable materials.
Regulations and policies aimed at reducing single-use plastics globally and locally could influence the type of materials used in disposable cutlery.

Province-wise Insights

Global Trends Influencing Disposable Cutlery Industry in South Gyeongsang

South Gyeongsang, a region with a diverse economic landscape, including manufacturing and agriculture, could have a dynamic disposable cutlery industry. Given the province significant industrial presence, it is plausible that there are manufacturing facilities producing disposable cutlery to cater to both local and national markets.

The industry in South Gyeongsang might be influenced by global trends, with a potential focus on sustainability given the increasing importance of eco-friendly materials. The province strategic location and infrastructure could also play a role in the distribution and supply chain aspects of the disposable cutlery industry.

Sustainable Practices in North Jeolla Raises the Disposable Cutlery Industry

North Jeolla, known for its agricultural and manufacturing sectors, may also be in the disposable cutlery industry. The agricultural emphasis in the province could lead to an increased demand for disposable cutlery, especially in food service and catering. The industry in North Jeolla might be influenced by regional preferences, potentially catering to local culinary traditions and practices.

Additionally, given the province role as an agricultural hub, there could be a focus on sustainable and eco-friendly materials in disposable cutlery production, aligning with global trends. Local businesses may also play a role in shaping the industry landscape.

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Category-wise insights

The table below highlights how spoon and food service will lead the product type and end-use in 2024.

Category	Industrial Share in 2024
Spoon	56.9%
Food Service	59.6%

Dominance of Spoons in Disposable Cutlery Industry

In the rapidly evolving landscape of the disposable cutlery industry, 2024 is poised to witness a prominent surge in the dominance of specific product types and end-use categories. Forecasts indicate that spoons will emerge as a frontrunner, commanding a substantial industrial share of 56.9%.

This notable uptick underscores disposable spoons enduring popularity and widespread utility in various applications, from domestic settings to broader commercial and industrial contexts.

Pivotal Role of Food Service Sector

The food service sector is anticipated to play a pivotal role in steering the trajectory of the disposable cutlery industry, capturing a significant share of 59.6%. This robust representation signifies disposable cutlery integral role in food service, encompassing restaurants, catering services, and diverse culinary establishments.

The heightened demand within the food service category underscores the convenience, efficiency, and hygiene considerations that drive the pervasive use of disposable cutlery in the dynamic landscape of the hospitality and food industry.

Recent Developments Observed in the Disposable Cutlery Industry in Korea

In February 2023, a groundbreaking collaboration unfolded as Pactiv Evergreen and AmSty joined forces to introduce a pioneering series of circular polystyrene food packaging solutions.
Anchor Packaging Inc. made a notable entry into the disposable cutlery industry with the launch of 'Culinary Classics.'

Report Scope

Attribute	Details
Estimated Industry Size in 2024	US$ 27.8 million
Projected Industry Size in 2034	US$ 50.5 million
Anticipated CAGR between 2024 to 2034	6.1% CAGR
Demand Forecast for the Disposable Cutlery Industry in Korea	2024 to 2034
Report Coverage	Industry Size, Industry Trends, Analysis of key factors influencing the Disposable Cutlery Industry in Korea, Insights on Global Players and their Industry Strategy in Korea, Ecosystem Analysis of Local and Regional Korea Providers
Key Provinces Analyzed	South Gyeongsang North Jeolla South Jeolla Jeju
Key Companies Profiled	Hyunjin Co. Ltd Chang Sung Band Co. Ltd Anhui Jialong Knives Manufacturing Co. Ltd Anchor Packaging Apollo Funds Biopak D&W Fine Pack Dart Container Corporation Hotpack Global Pactiv Evergreen Gold Plast

Key Segments

Product Type:

Spoon
Fork
Knife

Fabrication Process:

Thermoforming
Die Cutting
Injection Molding

Cutlery Type:

Wrapped Cutlery
Dispensed Cutlery

Sales Channel:

Direct Sales
Distributors
E-retail
Retailers

End Use:

Food Service Outlets
Institutional Food Services
Household Use

Province:

South Gyeongsang
North Jeolla
South Jeolla
Jeju

Frequently Asked Questions

What is the expected value of the Disposable Cutlery Industry in 2024?

By 2024, the estimated valuation of the disposable cutlery industry is US$ 27.8 million in value terms.

At what Rate is the Disposable Cutlery Ecosystem Growing in Korea?

The anticipated CAGR for the disposable cutlery ecosystem through 2034 is 6.1%.

What will be the anticipated value of the Disposable Cutlery Industry in 2034?

By 2034, the demand for the disposable cutlery industry will reach US$ 50.5 million.

Which is the Preferred Product for the Disposable Cutlery in Korea?

Spoon is estimated to surpass the valuation of the on-premise model soon.

What is the Historical Performance of the Disposable Cutlery Landscape in Korea?

From 2019 to 2023, the industrial valuation rose to a CAGR of 3.1%.

Table of Content

1. Executive Summary
1.1. Korea Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer’s
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Korea Industry Analysis and Outlook 2019 to 2023 and Forecast, 2024 to 2034
4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2019 to 2023
4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2024 to 2034
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Korea Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By Product Type
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Product Type, 2019 to 2023
5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Product Type, 2024 to 2034
5.3.1. Spoon (Plastic, Wood)
5.3.2. Fork (Plastic, Wood)
5.3.3. Knife (Plastic, Wood)
5.4. Y-o-Y Growth Trend Analysis By Product Type, 2019 to 2023
5.5. Absolute $ Opportunity Analysis By Product Type, 2024 to 2034
6. Korea Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By Fabrication Process
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Fabrication Process, 2019 to 2023
6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Fabrication Process, 2024 to 2034
6.3.1. Thermoforming
6.3.2. Die Cutting
6.3.3. Injection Molding
6.4. Y-o-Y Growth Trend Analysis By Fabrication Process, 2019 to 2023
6.5. Absolute $ Opportunity Analysis By Fabrication Process, 2024 to 2034
7. Korea Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By Cutlery Type
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Cutlery Type, 2019 to 2023
7.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Cutlery Type, 2024 to 2034
7.3.1. Wrapped Cutlery
7.3.2. Dispensed Cutlery
7.4. Y-o-Y Growth Trend Analysis By Cutlery Type, 2019 to 2023
7.5. Absolute $ Opportunity Analysis By Cutlery Type, 2024 to 2034
8. Korea Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By Sales Channel
8.1. Introduction / Key Findings
8.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Sales Channel, 2019 to 2023
8.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Sales Channel, 2024 to 2034
8.3.1. Direct Sales
8.3.2. Distributors
8.3.3. E-retail
8.3.4. Retailers
8.4. Y-o-Y Growth Trend Analysis By Sales Channel, 2019 to 2023
8.5. Absolute $ Opportunity Analysis By Sales Channel, 2024 to 2034
9. Korea Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By End Use
9.1. Introduction / Key Findings
9.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By End Use, 2019 to 2023
9.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By End Use, 2024 to 2034
9.3.1. Food Service Outlets
9.3.2. Institutional Food Services
9.3.3. Household Use
9.4. Y-o-Y Growth Trend Analysis By End Use, 2019 to 2023
9.5. Absolute $ Opportunity Analysis By End Use, 2024 to 2034
10. Korea Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By Region
10.1. Introduction
10.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Region, 2019 to 2023
10.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Region, 2024 to 2034
10.3.1. South Gyeongsang
10.3.2. North Jeolla
10.3.3. South Jeolla
10.3.4. Jeju
10.3.5. Rest of Korea
10.4. Market Attractiveness Analysis By Region
11. South Gyeongsang Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034
11.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023
11.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034
11.2.1. By Product Type
11.2.2. By Fabrication Process
11.2.3. By Cutlery Type
11.2.4. By Sales Channel
11.2.5. By End Use
11.3. Market Attractiveness Analysis
11.3.1. By Product Type
11.3.2. By Fabrication Process
11.3.3. By Cutlery Type
11.3.4. By Sales Channel
11.3.5. By End Use
11.4. Key Takeaways
12. North Jeolla Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034
12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023
12.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034
12.2.1. By Product Type
12.2.2. By Fabrication Process
12.2.3. By Cutlery Type
12.2.4. By Sales Channel
12.2.5. By End Use
12.3. Market Attractiveness Analysis
12.3.1. By Product Type
12.3.2. By Fabrication Process
12.3.3. By Cutlery Type
12.3.4. By Sales Channel
12.3.5. By End Use
12.4. Key Takeaways
13. South Jeolla Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034
13.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023
13.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034
13.2.1. By Product Type
13.2.2. By Fabrication Process
13.2.3. By Cutlery Type
13.2.4. By Sales Channel
13.2.5. By End Use
13.3. Market Attractiveness Analysis
13.3.1. By Product Type
13.3.2. By Fabrication Process
13.3.3. By Cutlery Type
13.3.4. By Sales Channel
13.3.5. By End Use
13.4. Key Takeaways
14. Jeju Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034
14.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023
14.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034
14.2.1. By Product Type
14.2.2. By Fabrication Process
14.2.3. By Cutlery Type
14.2.4. By Sales Channel
14.2.5. By End Use
14.3. Market Attractiveness Analysis
14.3.1. By Product Type
14.3.2. By Fabrication Process
14.3.3. By Cutlery Type
14.3.4. By Sales Channel
14.3.5. By End Use
14.4. Key Takeaways
15. Rest of Korea Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034
15.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023
15.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034
15.2.1. By Product Type
15.2.2. By Fabrication Process
15.2.3. By Cutlery Type
15.2.4. By Sales Channel
15.2.5. By End Use
15.3. Market Attractiveness Analysis
15.3.1. By Product Type
15.3.2. By Fabrication Process
15.3.3. By Cutlery Type
15.3.4. By Sales Channel
15.3.5. By End Use
15.4. Key Takeaways
16. Market Structure Analysis
16.1. Competition Dashboard
16.2. Competition Benchmarking
16.3. Market Share Analysis of Top Players
16.3.1. By Regional
16.3.2. By Product Type
16.3.3. By Fabrication Process
16.3.4. By Cutlery Type
16.3.5. By Sales Channel
16.3.6. By End Use
17. Competition Analysis
17.1. Competition Deep Dive
17.1.1. Hyunjin Co., Ltd
17.1.1.1. Overview
17.1.1.2. Product Portfolio
17.1.1.3. Profitability by Market Segments
17.1.1.4. Sales Footprint
17.1.1.5. Strategy Overview
17.1.1.5.1. Marketing Strategy
17.1.1.5.2. Product Strategy
17.1.1.5.3. Channel Strategy
17.1.2. Chang Sung Band Co.,ltd
17.1.2.1. Overview
17.1.2.2. Product Portfolio
17.1.2.3. Profitability by Market Segments
17.1.2.4. Sales Footprint
17.1.2.5. Strategy Overview
17.1.2.5.1. Marketing Strategy
17.1.2.5.2. Product Strategy
17.1.2.5.3. Channel Strategy
17.1.3. Anhui Jialong Knives Manufacturing Co.,Ltd
17.1.3.1. Overview
17.1.3.2. Product Portfolio
17.1.3.3. Profitability by Market Segments
17.1.3.4. Sales Footprint
17.1.3.5. Strategy Overview
17.1.3.5.1. Marketing Strategy
17.1.3.5.2. Product Strategy
17.1.3.5.3. Channel Strategy
17.1.4. Anchor Packaging
17.1.4.1. Overview
17.1.4.2. Product Portfolio
17.1.4.3. Profitability by Market Segments
17.1.4.4. Sales Footprint
17.1.4.5. Strategy Overview
17.1.4.5.1. Marketing Strategy
17.1.4.5.2. Product Strategy
17.1.4.5.3. Channel Strategy
17.1.5. Apollo Funds
17.1.5.1. Overview
17.1.5.2. Product Portfolio
17.1.5.3. Profitability by Market Segments
17.1.5.4. Sales Footprint
17.1.5.5. Strategy Overview
17.1.5.5.1. Marketing Strategy
17.1.5.5.2. Product Strategy
17.1.5.5.3. Channel Strategy
17.1.6. Biopak
17.1.6.1. Overview
17.1.6.2. Product Portfolio
17.1.6.3. Profitability by Market Segments
17.1.6.4. Sales Footprint
17.1.6.5. Strategy Overview
17.1.6.5.1. Marketing Strategy
17.1.6.5.2. Product Strategy
17.1.6.5.3. Channel Strategy
17.1.7. D&W Fine Pack
17.1.7.1. Overview
17.1.7.2. Product Portfolio
17.1.7.3. Profitability by Market Segments
17.1.7.4. Sales Footprint
17.1.7.5. Strategy Overview
17.1.7.5.1. Marketing Strategy
17.1.7.5.2. Product Strategy
17.1.7.5.3. Channel Strategy
17.1.8. Dart Container Corporation
17.1.8.1. Overview
17.1.8.2. Product Portfolio
17.1.8.3. Profitability by Market Segments
17.1.8.4. Sales Footprint
17.1.8.5. Strategy Overview
17.1.8.5.1. Marketing Strategy
17.1.8.5.2. Product Strategy
17.1.8.5.3. Channel Strategy
17.1.9. Hotpack Global
17.1.9.1. Overview
17.1.9.2. Product Portfolio
17.1.9.3. Profitability by Market Segments
17.1.9.4. Sales Footprint
17.1.9.5. Strategy Overview
17.1.9.5.1. Marketing Strategy
17.1.9.5.2. Product Strategy
17.1.9.5.3. Channel Strategy
17.1.10. Pactiv Evergreen
17.1.10.1. Overview
17.1.10.2. Product Portfolio
17.1.10.3. Profitability by Market Segments
17.1.10.4. Sales Footprint
17.1.10.5. Strategy Overview
17.1.10.5.1. Marketing Strategy
17.1.10.5.2. Product Strategy
17.1.10.5.3. Channel Strategy
17.1.11. Gold Plast
17.1.11.1. Overview
17.1.11.2. Product Portfolio
17.1.11.3. Profitability by Market Segments
17.1.11.4. Sales Footprint
17.1.11.5. Strategy Overview
17.1.11.5.1. Marketing Strategy
17.1.11.5.2. Product Strategy
17.1.11.5.3. Channel Strategy
18. Assumptions & Acronyms Used
19. Research Methodology

Demand and Trend Analysis of Disposable Cutlery in Korea

Examining Sales and Deployment Trends of the Disposable Cutlery Industry in Korea by Spoon, Fork, and Knife through 2034