The disposable plates market is expected to expand its roots at an average CAGR of 6.2% during the forecast period. The market is likely to hold a revenue of US$ 5.12 billion in 2023 while it is anticipated to cross a value of US$ 9.35 billion by 2033.
The disposable plates market saw lucrative growth in 2023. A new forecast by FMI estimates that the market is likely to create an incremental opportunity of US$ 4.23 billion during the forecasted period.
The disposable plates market revenue totaled US$ 4.5 billion for 2021, according to FMI. The overall market is likely to expand 1.3x the current market value by the end of 2027.
In terms of product type, the plastic segment held the leading market share of 62% in 2022 in the global market. In terms of design, the plain design segment is likely to expand 1.3x by 2027. North America and the Asia Pacific are estimated to hold around a half portion of the global market by the end of 2027.
Household is the sector that has shown a high demand for disposable plates during the pandemic as disposable plates help from the avoidance of the spread of coronavirus. Consumer awareness regarding health has encouraged them to adopt disposable tableware amid the pandemic.
Many manufacturers are making innovations to attract new consumers and influence them to opt for biodegradable plates. On a broader level, the demand for disposable plates has been an upsurge in the past few years.
Attributes | Details |
---|---|
Market CAGR (2023 to 2033) | 6.2% |
Market Size (2023) | US$ 5.12 billion |
Market Size (2033) | US$ 9.35 billion |
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Disposable plates are single-serving food plates that can be recycled and disposed of once used. These plates are used conveniently for serving eatables during any event. Disposable plates are made prominently from plastic, aluminum, paper, and other non-conventional materials. The rising influence of Westernization and increasing fast food consumption in developing regions is escalating the demand for disposable plates for packaged foods.
The future demand for disposable plates is improving due to their high biodegradability and sustainable packaging outlook and their increasing applications in food packaging. Furthermore, the need for disposable plates is estimated to rise as their adoption is consistently increasing in takeaway food chains, fast-food consumption, small commercial eateries, events, and even roadside vendors.
The global market foresees an incremental opportunity of US$ 1.6 billion in the next five years. The market is probable to grow at a CAGR of 5.9% over the forecasted period compared to its growth of 5.4% during its historical period.
The global disposable plates market is driven by the demand generated by the foodservice industry. The disposable plates are used mainly for serving and packaging eatables in the foodservice industry. The foodservice disposables market is witnessing impressive growth and is projected to grow substantially in the coming years.
Increasing foodservice delivery apps for home delivery and takeaways from restaurants and hotels for convenient eating have boosted the demand for disposable plates in the market. Furthermore, the rise in demand for on-the-go food by millennials has aided the growth of the market.
Many manufacturers are offering customized disposable plates as per the requirements of the restaurants. The foodservice outlets are estimated to account for ½ of the total sales channel of the market share in 2022.
Country | Revenue Share % (2022) |
---|---|
United States | 25.7% |
Germany | 3.5% |
Japan | 3.1% |
Australia | 2.0% |
North America | 28.9% |
Europe | 27.0 |
Country | CAGR % (2023 to 2033) |
---|---|
China | 6.3% |
India | 8.6% |
United Kingdom | 4.5% |
Innovative Usage of Bio-degradable Material, Government Restrictions on Plastic Usage, and Restored Food and Beverages Sectors aid the Regional Growth
The United States is one of the lucrative markets for disposable plates and is expected to hold a substantial market share by value of the North American disposable plates market. The United States disposable plates market is also likely to create an incremental opportunity of US$ 370 million by the end of 2027.
The demand for disposable plates in the United States is primarily driven by the well-established foodservice industry in the country. Owing to the hectic and sedentary lifestyle of the majority of the population, the United States is witnessing steady growth in fast food consumption.
Thus, the on-the-go consumption of food culture is generating demand for disposable plates in the foodservice industry. Rising awareness among consumers regarding hygiene and sanitation has superseded the traditional reusable plates with disposables is also giving thrust to the market growth.
Category | By Product Type |
---|---|
Leading Segment | Plastic Plates |
Market Share (2022) | 61.9% |
Category | By Sales Channel |
---|---|
Leading Segment | B2B |
Market Share (2022) | 77.6% |
The disposable plastic plates are likely to lead the market by product type over the forecast period of 2023 to 2033. The disposable plastics plates are estimated to account for 61.9% of the market by product type and are also likely to expand 1.3x by 2027.
The disposable plastic plates are made prominently from Foam, Polyethylene, Polylactic acid, Polypropylene, Polyethylene Terephthalate, and Polyhydroxyalkanoates. The features such as low cost, durability, strength, and easy manufacturing give an edge to disposable plastic plates over other materials. With innovations in manufacturing, some manufacturers are offering customized plastic plates according to the requirements of the restaurants.
The market in the Asia Pacific is likely to unfold 1.4x and is expected to create an incremental opportunity of US$ 485 million by the end of 2027, driven by the flourishing foodservice industry in the region.
China is the lead contributor in the regional market share and would retain its leading position over the forecast period due to the high penetration of fast-food restaurants and the increasing adoption of online food delivery services. India is likely to register a substantial growth rate in the regional market with its high penetration of the foodservice industry
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The key players in the global market are adopting marketing strategies such as mergers and acquisitions and product expansions to maximize their business reach and enhance their market position.
Market Developments
The market is valued at US$ 5.12 billion in 2023.
The market is projected to expand at a 6.2% CAGR through 2033.
High demand from the food industry is driving market growth.
From 2018 to 2022, the market expanded at a 5.4% CAGR.
Plastic plates are the key product type.
1. Executive Summary
1.1. Global 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. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033
4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2018 to 2022
4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2023 to 2033
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Product
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Product, 2018 to 2022
5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Product, 2023 to 2033
5.3.1. Plastic Plates
5.3.1.1. Expanded Polystyrene (Foam)
5.3.1.2. Polypropylene (PP)
5.3.1.3. Polyethylene Terephthalate (PET)
5.3.1.4. Polyethylene (PE)
5.3.1.5. Polylactic Acid (PLA)
5.3.1.6. Polyhydroxyalkanoates (PHA)
5.3.2. Aluminum
5.3.3. Paper
5.3.3.1. Laminated
5.3.3.2. Non Laminates
5.3.3.3. Others
5.4. Y-o-Y Growth Trend Analysis By Product, 2018 to 2022
5.5. Absolute $ Opportunity Analysis By Product, 2023 to 2033
6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Design
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Design, 2018 to 2022
6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Design, 2023 to 2033
6.3.1. Compartmental
6.3.2. Plain
6.4. Y-o-Y Growth Trend Analysis By Design, 2018 to 2022
6.5. Absolute $ Opportunity Analysis By Design, 2023 to 2033
7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Sales Channel
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Sales Channel, 2018 to 2022
7.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Sales Channel, 2023 to 2033
7.3.1. B2B
7.3.1.1. Food Service Outlets
7.3.1.2. Educational Institutes
7.3.1.3. Corporate Offices
7.3.1.4. Healthcare Facilities
7.3.2. B2C
7.3.2.1. Online
7.3.2.2. Supermarket
7.3.2.3. Hypermarket
7.3.2.4. Convenience Stores
7.3.2.5. Mom & Pop Stores
7.4. Y-o-Y Growth Trend Analysis By Sales Channel, 2018 to 2022
7.5. Absolute $ Opportunity Analysis By Sales Channel, 2023 to 2033
8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
8.1. Introduction
8.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Region, 2018 to 2022
8.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Region, 2023 to 2033
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. MEA
8.4. Market Attractiveness Analysis By Region
9. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
9.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
9.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
9.2.1. By Country
9.2.1.1. USA
9.2.1.2. Canada
9.2.2. By Product
9.2.3. By Design
9.2.4. By Sales Channel
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Product
9.3.3. By Design
9.3.4. By Sales Channel
9.4. Key Takeaways
10. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
10.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
10.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
10.2.1. By Country
10.2.1.1. Brazil
10.2.1.2. Mexico
10.2.1.3. Rest of Latin America
10.2.2. By Product
10.2.3. By Design
10.2.4. By Sales Channel
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Product
10.3.3. By Design
10.3.4. By Sales Channel
10.4. Key Takeaways
11. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
11.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
11.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
11.2.1. By Country
11.2.1.1. Germany
11.2.1.2. UK
11.2.1.3. France
11.2.1.4. Spain
11.2.1.5. Italy
11.2.1.6. Rest of Europe
11.2.2. By Product
11.2.3. By Design
11.2.4. By Sales Channel
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Product
11.3.3. By Design
11.3.4. By Sales Channel
11.4. Key Takeaways
12. Asia Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
12.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
12.2.1. By Country
12.2.1.1. China
12.2.1.2. Japan
12.2.1.3. South Korea
12.2.1.4. Singapore
12.2.1.5. Thailand
12.2.1.6. Indonesia
12.2.1.7. Australia
12.2.1.8. New Zealand
12.2.1.9. Rest of Asia Pacific
12.2.2. By Product
12.2.3. By Design
12.2.4. By Sales Channel
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Product
12.3.3. By Design
12.3.4. By Sales Channel
12.4. Key Takeaways
13. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
13.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
13.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
13.2.1. By Country
13.2.1.1. GCC Countries
13.2.1.2. South Africa
13.2.1.3. Israel
13.2.1.4. Rest of MEA
13.2.2. By Product
13.2.3. By Design
13.2.4. By Sales Channel
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Product
13.3.3. By Design
13.3.4. By Sales Channel
13.4. Key Takeaways
14. Key Countries Market Analysis
14.1. USA
14.1.1. Pricing Analysis
14.1.2. Market Share Analysis, 2022
14.1.2.1. By Product
14.1.2.2. By Design
14.1.2.3. By Sales Channel
14.2. Canada
14.2.1. Pricing Analysis
14.2.2. Market Share Analysis, 2022
14.2.2.1. By Product
14.2.2.2. By Design
14.2.2.3. By Sales Channel
14.3. Brazil
14.3.1. Pricing Analysis
14.3.2. Market Share Analysis, 2022
14.3.2.1. By Product
14.3.2.2. By Design
14.3.2.3. By Sales Channel
14.4. Mexico
14.4.1. Pricing Analysis
14.4.2. Market Share Analysis, 2022
14.4.2.1. By Product
14.4.2.2. By Design
14.4.2.3. By Sales Channel
14.5. Germany
14.5.1. Pricing Analysis
14.5.2. Market Share Analysis, 2022
14.5.2.1. By Product
14.5.2.2. By Design
14.5.2.3. By Sales Channel
14.6. UK
14.6.1. Pricing Analysis
14.6.2. Market Share Analysis, 2022
14.6.2.1. By Product
14.6.2.2. By Design
14.6.2.3. By Sales Channel
14.7. France
14.7.1. Pricing Analysis
14.7.2. Market Share Analysis, 2022
14.7.2.1. By Product
14.7.2.2. By Design
14.7.2.3. By Sales Channel
14.8. Spain
14.8.1. Pricing Analysis
14.8.2. Market Share Analysis, 2022
14.8.2.1. By Product
14.8.2.2. By Design
14.8.2.3. By Sales Channel
14.9. Italy
14.9.1. Pricing Analysis
14.9.2. Market Share Analysis, 2022
14.9.2.1. By Product
14.9.2.2. By Design
14.9.2.3. By Sales Channel
14.10. China
14.10.1. Pricing Analysis
14.10.2. Market Share Analysis, 2022
14.10.2.1. By Product
14.10.2.2. By Design
14.10.2.3. By Sales Channel
14.11. Japan
14.11.1. Pricing Analysis
14.11.2. Market Share Analysis, 2022
14.11.2.1. By Product
14.11.2.2. By Design
14.11.2.3. By Sales Channel
14.12. South Korea
14.12.1. Pricing Analysis
14.12.2. Market Share Analysis, 2022
14.12.2.1. By Product
14.12.2.2. By Design
14.12.2.3. By Sales Channel
14.13. Singapore
14.13.1. Pricing Analysis
14.13.2. Market Share Analysis, 2022
14.13.2.1. By Product
14.13.2.2. By Design
14.13.2.3. By Sales Channel
14.14. Thailand
14.14.1. Pricing Analysis
14.14.2. Market Share Analysis, 2022
14.14.2.1. By Product
14.14.2.2. By Design
14.14.2.3. By Sales Channel
14.15. Indonesia
14.15.1. Pricing Analysis
14.15.2. Market Share Analysis, 2022
14.15.2.1. By Product
14.15.2.2. By Design
14.15.2.3. By Sales Channel
14.16. Australia
14.16.1. Pricing Analysis
14.16.2. Market Share Analysis, 2022
14.16.2.1. By Product
14.16.2.2. By Design
14.16.2.3. By Sales Channel
14.17. New Zealand
14.17.1. Pricing Analysis
14.17.2. Market Share Analysis, 2022
14.17.2.1. By Product
14.17.2.2. By Design
14.17.2.3. By Sales Channel
14.18. GCC Countries
14.18.1. Pricing Analysis
14.18.2. Market Share Analysis, 2022
14.18.2.1. By Product
14.18.2.2. By Design
14.18.2.3. By Sales Channel
14.19. South Africa
14.19.1. Pricing Analysis
14.19.2. Market Share Analysis, 2022
14.19.2.1. By Product
14.19.2.2. By Design
14.19.2.3. By Sales Channel
14.20. Israel
14.20.1. Pricing Analysis
14.20.2. Market Share Analysis, 2022
14.20.2.1. By Product
14.20.2.2. By Design
14.20.2.3. By Sales Channel
15. Market Structure Analysis
15.1. Competition Dashboard
15.2. Competition Benchmarking
15.3. Market Share Analysis of Top Players
15.3.1. By Regional
15.3.2. By Product
15.3.3. By Design
15.3.4. By Sales Channel
16. Competition Analysis
16.1. Competition Deep Dive
16.1.1. Vegware Ltd
16.1.1.1. Overview
16.1.1.2. Product Portfolio
16.1.1.3. Profitability by Market Segments
16.1.1.4. Sales Footprint
16.1.1.5. Strategy Overview
16.1.1.5.1. Marketing Strategy
16.1.1.5.2. Product Strategy
16.1.1.5.3. Channel Strategy
16.1.2. Genpak LLC
16.1.2.1. Overview
16.1.2.2. Product Portfolio
16.1.2.3. Profitability by Market Segments
16.1.2.4. Sales Footprint
16.1.2.5. Strategy Overview
16.1.2.5.1. Marketing Strategy
16.1.2.5.2. Product Strategy
16.1.2.5.3. Channel Strategy
16.1.3. Polar Plastic Ltd
16.1.3.1. Overview
16.1.3.2. Product Portfolio
16.1.3.3. Profitability by Market Segments
16.1.3.4. Sales Footprint
16.1.3.5. Strategy Overview
16.1.3.5.1. Marketing Strategy
16.1.3.5.2. Product Strategy
16.1.3.5.3. Channel Strategy
16.1.4. Be Green Packaging LLC
16.1.4.1. Overview
16.1.4.2. Product Portfolio
16.1.4.3. Profitability by Market Segments
16.1.4.4. Sales Footprint
16.1.4.5. Strategy Overview
16.1.4.5.1. Marketing Strategy
16.1.4.5.2. Product Strategy
16.1.4.5.3. Channel Strategy
16.1.5. Duni AB
16.1.5.1. Overview
16.1.5.2. Product Portfolio
16.1.5.3. Profitability by Market Segments
16.1.5.4. Sales Footprint
16.1.5.5. Strategy Overview
16.1.5.5.1. Marketing Strategy
16.1.5.5.2. Product Strategy
16.1.5.5.3. Channel Strategy
16.1.6. Ckf Inc
16.1.6.1. Overview
16.1.6.2. Product Portfolio
16.1.6.3. Profitability by Market Segments
16.1.6.4. Sales Footprint
16.1.6.5. Strategy Overview
16.1.6.5.1. Marketing Strategy
16.1.6.5.2. Product Strategy
16.1.6.5.3. Channel Strategy
16.1.7. Dopla Spa
16.1.7.1. Overview
16.1.7.2. Product Portfolio
16.1.7.3. Profitability by Market Segments
16.1.7.4. Sales Footprint
16.1.7.5. Strategy Overview
16.1.7.5.1. Marketing Strategy
16.1.7.5.2. Product Strategy
16.1.7.5.3. Channel Strategy
16.1.8. Fast Plast A/S
16.1.8.1. Overview
16.1.8.2. Product Portfolio
16.1.8.3. Profitability by Market Segments
16.1.8.4. Sales Footprint
16.1.8.5. Strategy Overview
16.1.8.5.1. Marketing Strategy
16.1.8.5.2. Product Strategy
16.1.8.5.3. Channel Strategy
16.1.9. Huhtamaki Oyj
16.1.9.1. Overview
16.1.9.2. Product Portfolio
16.1.9.3. Profitability by Market Segments
16.1.9.4. Sales Footprint
16.1.9.5. Strategy Overview
16.1.9.5.1. Marketing Strategy
16.1.9.5.2. Product Strategy
16.1.9.5.3. Channel Strategy
16.1.10. Georgia-Pacific LLC
16.1.10.1. Overview
16.1.10.2. Product Portfolio
16.1.10.3. Profitability by Market Segments
16.1.10.4. Sales Footprint
16.1.10.5. Strategy Overview
16.1.10.5.1. Marketing Strategy
16.1.10.5.2. Product Strategy
16.1.10.5.3. Channel Strategy
16.1.11. Poppies Europe Ltd
16.1.11.1. Overview
16.1.11.2. Product Portfolio
16.1.11.3. Profitability by Market Segments
16.1.11.4. Sales Footprint
16.1.11.5. Strategy Overview
16.1.11.5.1. Marketing Strategy
16.1.11.5.2. Product Strategy
16.1.11.5.3. Channel Strategy
16.1.12. NUPIK - FLO U.K. Ltd
16.1.12.1. Overview
16.1.12.2. Product Portfolio
16.1.12.3. Profitability by Market Segments
16.1.12.4. Sales Footprint
16.1.12.5. Strategy Overview
16.1.12.5.1. Marketing Strategy
16.1.12.5.2. Product Strategy
16.1.12.5.3. Channel Strategy
16.1.13. HOSTI GmbH
16.1.13.1. Overview
16.1.13.2. Product Portfolio
16.1.13.3. Profitability by Market Segments
16.1.13.4. Sales Footprint
16.1.13.5. Strategy Overview
16.1.13.5.1. Marketing Strategy
16.1.13.5.2. Product Strategy
16.1.13.5.3. Channel Strategy
16.1.14. Seow Khim Polythelene Co Pvt Ltd
16.1.14.1. Overview
16.1.14.2. Product Portfolio
16.1.14.3. Profitability by Market Segments
16.1.14.4. Sales Footprint
16.1.14.5. Strategy Overview
16.1.14.5.1. Marketing Strategy
16.1.14.5.2. Product Strategy
16.1.14.5.3. Channel Strategy
16.1.15. Jinhua Lansin Commodity Co., Ltd
16.1.15.1. Overview
16.1.15.2. Product Portfolio
16.1.15.3. Profitability by Market Segments
16.1.15.4. Sales Footprint
16.1.15.5. Strategy Overview
16.1.15.5.1. Marketing Strategy
16.1.15.5.2. Product Strategy
16.1.15.5.3. Channel Strategy
17. Assumptions & Acronyms Used
18. Research Methodology
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