by The Europe biodegradable foodservice disposable market is growing due to rising focus on sustainable packaging solutions and green initiatives to reduce plastic consumption. Biodegradable foodservice disposables such as plates, bowls, cups and cutlery are manufactured using natural fibers like sugarcane, wheat straw, paper and bamboo that are eco-friendly and decompose back into nature after use. They provide an alternative to conventional plastic-based disposables that clog landfills for decades. The growing food delivery and takeaway culture coupled with rising sustainability awareness among consumers is fueling the demand for biodegradable packaging.
Europe biodegradable foodservice disposable market was valued at US$ 1,426.5 Million in 2022, and is expected to exhibit a CAGR of 6.7%, in terms of revenue, over the forecast period (2023-2030), to reach US$ 2,389.2 Million by 2030.
Key Takeaways
Key players operating in the Europe biodegradable foodservice disposable market are Biopac (U.K.) Ltd, Huhtamaki Group, Bionatic GmbH Co. KG, I.L.P.A. S.p.A Group, The Jim Pattison Group, GreenGood USA, Gold Plast S.p.A, Vegware, Eco Guardian, and Bunzl plc. Key players like Huhtamaki Group are focusing on increasing their product portfolio and market presence via partnerships and mergers & acquisitions in the region.
The Europe Biodegradable Foodservice Disposable Market Size is experiencing rising demand driven by growing concerns regarding environmental sustainability across industries. Factors like stringent regulations banning single-use plastics and incentives for biodegradable alternatives are fueling adoption. Additionally, increasing prominence of online food ordering and usage of biodegradable packaging for product deliveries is also contributing to market expansion.
The market is witnessing significant growth opportunities across Europe owing to growing global focus on reducing plastic waste and carbon footprint of packaging. Key players are investing in R&D to develop advanced biodegradable materials and expanding manufacturing and supply chain facilities across countries to leverage the market potential. Partnerships with food delivery companies and QSR chains are also helping boost geographical presence.
Market Key Trends
One of the key trends gaining traction in the Europe biodegradable foodservice disposable market is the adoption of advanced materials like PLA, bagasse and bioplastics for manufacturing products like containers, cups and cutlery. These novel materials exhibit properties comparable to plastic but are derived from renewable plant-based sources making them a sustainable alternative. They ensure high performance in terms of durability, printability and heat resistance. R&D into alternative biomass sources for developing innovative biodegradable materials is expected to drive innovation and growth in the Europe market over the coming years.
Porter’s Analysis
Threat of new entrants: Established distribution channels and branding make market entry difficult.
Bargaining power of buyers: Large retail chains have strong bargaining power over suppliers.
Bargaining power of suppliers: Strong competition among suppliers weakens their bargaining power.
Threat of new substitutes: Technological advances may introduce new biodegradable alternatives.
Competitive rivalry: Intense competition among existing players to gain market share.
The European biodegradable foodservice disposable market is currently concentrated in Western European countries like Germany, UK, France, Italy and Spain as they account for over 60% of the total market value. These countries have stringent regulations regarding single-use plastics and businesses are rapidly adopting biodegradable alternatives.
Eastern European countries like Poland, Russia, Turkey are witnessing the fastest market growth. Growing environmental concerns coupled with economic development is driving demand in these nations. Manufacturers are also increasingly targeting these high potential markets by setting up local production facilities or partnering with regional players to cater to the fast growing demand.
Geographical Regions: Currently, the Europe Biodegradable Foodservice Disposable Market Regional Analysis is concentrated in Western European nations like Germany, UK, France, Italy and Spain as they account for over 60% of the total market value due to stringent regulations regarding single-use plastics. Businesses are rapidly adopting biodegradable alternatives in these countries.
The fastest market growth is seen in Eastern European nations like Poland, Russia and Turkey. Growing environmental awareness coupled with economic development is driving demand in these regions. Manufacturers are targeting these high potential markets by establishing local factories or collaborating with regional players.
*Note:
1. Source: Coherent Market Insights, Public Source, Desk Research
2. We have leveraged AI tools to mine information and compile it.
About Author - Priya Pandey
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