Biodegradable Tableware Propels Industry Towards Sustainable Future - Papermart
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Biodegradable Tableware Propels Industry Towards Sustainable Future

Protecting the planet against plastic pollution is the need of the hour, with every industry and sector working towards sustainable goals. The biodegradable tableware industry, with sustainability at its very core, is undergoing enormous growth. Reports from Verified Market Research exhibit that the biodegradable tableware market size was valued at USD 2,754.9 million in 2018 and is projected to reach USD 4,355.1 million by 2026, growing at a CAGR of 6.01% from 2019 to 2026. Read further about the biodegradable tableware industry, its projected growth statistics and key growth drivers, and interviews with the major players in the Indian biodegradable tableware industry.

Biodegradable Tableware

The responsibility to eradicate the looming crisis of plastic pollution from planet Earth falls inherently on all humans. In recent times, awareness towards this responsibility has increased, resulting in major manufacturing industries working towards the sustainability goal. The global paper industry is fulfilling this responsibility through the conception and adoption of biodegradable tableware. Biodegradable tableware is a range of eco-friendly, compostable tableware products manufactured primarily from agricultural waste like bagasse and renewable resources like bamboo. The biodegradable tableware industry is providing the world with an ecological solution to a crucial issue, utilizing the waste that previously harmed the planet and turning it into valuable packaging.

The product range is vast, ranging from bowls, plates, forks, spoons, container boxes, cups, straws, molded products and others. Biodegradable tableware has various attractive properties like being ovenable, microwaveable, freezable and recyclable. However, one of the most vital features of biodegradable tableware is that it is compostable, as the products naturally break down into organic materials by microorganisms like bacteria and fungi. Since they are made from agricultural residue or any plant-based renewable materials, they improve the quality of soil by re-entering the ground, thus contributing in creating a circular economy. In addition to this, the safety of food is maintained as unlike plastic, this tableware is made out of natural, biodegradable materials, making it toxin-free.

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Due to its positive impact on the environment, the biodegradable tableware industry has witnessed large-scale growth in recent years. Governments across the world viewed the post covid time as an opportunity to restructure major sectors which could facilitate the transition to low-emission, climate-resilient, and resource-efficient economies. According to the Central Pollution Control Board (CPCB), a ban on single-use plastic products, along with its sale, stocking, distribution and export was imposed from 1st July, 2022. As a result of this significant decision, the demand for the biodegradable tableware industry skyrocketed. Reports from Verified Market Research exhibit that the biodegradable tableware market size was valued at USD 2,754.9 million in 2018 and is projected to reach USD 4,355.1 million by 2026, growing at a CAGR of 6.01% from 2019 to 2026.

There are multiple factors favoring this growth including the rise in awareness among eco-conscious consumers regarding the numerous benefits of eco-friendly tableware in comparison to the detrimental plastic tableware, the rigid regulations and laws imposed by governments in various countries in order to achieve the aim of minimizing carbon emissions as well as increasing adoption of non-toxic and petroleum free products. Moreover, the growing consumption of processed and ready-to-eat (RTE) food products and the increasing use of online food delivery applications have a positive influence on this market. This is because online food delivery applications collaborate with the HoReCa industry, which primarily focuses on food and beverage preparing, packaging and catering.

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Following the expeditious growth in the industry, Paper Mart conducted interviews with the companies on the forefront of the Indian biodegradable tableware market, where they shared their contributions to the market through their manufacturing operations and product lines as well as their takes on the current and upcoming trends in the biodegradable tableware market.