Disposable Plates Market (By Product Type: Plastic Plates, Aluminium, Paper, Others; By Design: Compartment, Plain; By Sales Channel: B2B, B2C) – Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 - 2027

The global disposable plates market is expected to grow at a CAGR of 5.6% over the forecast period 2020 to 2027 and to reach a value of around US$ 5,963.7 Mn by 2027.

Disposable plates are particularly designed for a single use after which it is recycled or is disposed of as solid waste. These are made up of plastic, aluminum, and paper among others and have usage across picnics, buffets, appetizer plates, receptions, retirement parties, holiday meals, business events, and at organic restaurants among others.

Market Dynamics

The increasing demand for ready-to-go food coupled with rising disposable income is primarily supporting the market value. The rising number of home delivery and online food service platforms are further supporting the market value. The increasing awareness regarding hygiene and sanitation, changing consumer preferences, growing organized retail sector and emerging economies are propelling the global market value. Moreover, the increasing production of biodegradable plates is likely to provide potential opportunities during the forecast period from 2020 to 2027.

On the other hand, strict regulations associated with the rising environmental concern such as emissions of harmful gases from disposal plates, from the breakdown in landfills or incineration of plates are projected to hamper the growth over the estimated period.

Plastic Plates registered maximum share in the global disposable plates market

On the basis of product type, plastic plates dominated the global market with major share in 2019 and the segment is also projected to maintain its dominance throughout the forecast timeframe. The cost-effective and easy production and availability of plastic plates is primarily supporting the market value. The availability of various options in the plastic segment such as foam, PP, PET, PE, PLA, and PHA are supporting the market value.

The market research study on “Disposable Plates Market– Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 – 2027”, offers a detailed insight into the global Disposable Plates market entailing insights on its different market segments. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. The report provides insights into the global disposable plates market, its product type, design, sales channel, and major geographic regions. The report covers basic development policies and layouts of technology development processes. Secondly, the report covers global disposable plates market size and volume, and segment markets by product type, design, sales channel, and geography along with the information on companies operating in the market. The Disposable Plates market analysis is provided for major regional markets including North America, Europe, Asia Pacific, Latin America and Middle East and Africa. For each region, the market size and volume for different segments have been covered under the scope of the report.

North America dominated the global market with major share

North America accounted for the major share in the global disposable plates market in 2020. The region is particularly gaining growth due to the increasing preference towards the disposable plates. The rising demand for disposable plates from restaurants, hospitals, and the commercial sector is primarily driving the market growth. Additionally, the Asia Pacific is projected to exhibit the fastest growth over the estimated period from 2020 to 2027 due to an increasing population coupled with the rising demand for packaged food.

The players profiled in the report include Be Green Packaging Llc, Ckf Inc, D&W Fine Pack Llc, Dart Container Corporation, Dopla Spa, Duni AB, Fast Plast A/S, Genpak Llc, Georgia-Pacific LLC, HOSTI GmbH, Hotpack Group, Huhtamaki Oyj, International Paper, Jinhua Lansin Commodity Co., Ltd, NUPIK – FLOUK Ltd, Pactiv Llc, Polar Plastic Ltd, Poppies Europe Ltd, Seow Khim Polythelene Co Pte Ltd., and Vegware Ltd. The companies are continuously involved in new product developments and other strategic developments for the sustainable goals.

Market Segmentation

Market By Product Type

Plastic Plates

• Foam
• PP
• PET
• PE
• PLA
• PHA

Aluminium

Paper

• Laminated
• Non Laminated

Others

Market By Design

Compartment

Plain

Market By Sales Channel

B2B

• Food service Outlets
• Educational Institutes
• Corporate Offices
• Healthcare Facilities

B2C

• Online
• Supermarket
• Hypermarket
• Convenience Stores
• Mom & Pop Stores
  
  

Market By Geography

North America

• U.S.
• Canada

Europe

• UK
• Germany
• France
• Spain
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Australia
• South Korea
• Rest of Asia-Pacific

Latin America

• Brazil
• Mexico
• Rest of Latin America

Middle East & Africa

• GCC
• South Africa
• Rest of Middle East & Africa