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Compostable Tableware Market Share

Report ID: GMI11103
Published Date: Aug 2024
Report Format: PDF

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Compostable Tableware Market Share

Compostable Tableware Market Company Share Analysis (2023)

In 2023, dominant market players, including Tetra Pak, world centric, Bio pack, Smurfit kappa and vegware. The top companies collectively hold a substantial 5-10% market share. These industry leaders are actively engaged in strategic initiatives such as mergers & acquisitions, facility expansions, and partnerships to broaden their product portfolios, reach a wider customer base, and strengthen their market presence. These companies continuously invest in research and development to improve their market and incorporate new technologies, allowing them to stay ahead of the competition.

Compostable Tableware Market Companies

Major players operating in the compostable tableware industry include:

BioPak
Biotrem
Dart Container Corporation
Din earth
Eco Guardian inc
Eco products
Good start packaging
Hot pack Packaging Industries LLC
Pactiv Evergreen Inc
PAPSTAR GmbH
Smurfit kappa
Stalk Market
Tetra pak
Vegware
World Centric

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

Compostable tableware industry size was USD 10.5 billion in 2023 and will expand at a 4.6% CAGR between 2024 and 2032, driven by heightened environmental awareness and regulatory support for sustainable practices.

The serve ware segment will reach USD 6 billion by 2032 due to wide application in both commercial and residential settings.

North America compostable tableware industry will surpass USD 5.9 billion by 2032, owing to strong consumer demand for sustainable products and supportive environmental policies.

Key players operating in the compostable tableware industry are BioPak, Biotrem, Dart Container Corporation, Din earth, Eco Guardian inc, Eco products, Good start packaging, and Hot pack Packaging Industries LLC, among others.