The global plastic cutlery market size accounted for USD 1,600 million in 2024 and is expected to exceed around USD 2,130 million by 2034, growing at a CAGR of 2.9% from 2024 to 2034.
The plastic cutlery market refers to the production, distribution, and use of this cutlery, which is made for disposable use and is frequently used outdoors for camping, excursions, and barbecues, for instance. It is also commonly used at fast food or takeaway outlets and provided with airline meals in economy class. This cutlery offers significant convenience, versatility, cost-effectiveness, and hygiene benefits. It is lightweight and easy to carry, making it an ideal choice for outdoor events like camping trips, barbecues, and picnics. There is a high demand for this cutlery in online sales, convenience stores, hypermarkets, supermarkets, and direct sales, which is driving the growth of the plastic cutlery market.
However, the risk factors of the market include high competition, market saturation, consumer shift to eco-friendly options, changing raw material prices, regulatory pressures, and environmental concerns that can slow down the growth of the market. The future scope of the market includes the adoption of food delivery services, e-commerce growth, customization & personalization, expansion in the emerging market, and innovation in biodegradable materials, which will help the growth of the plastic cutlery market.
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| Stats ID: | 7567 |
| Format: | Databook |
| Published: | January 2025 |
| Delivery: | Immediate |
| Price | US$ 1550 |
The concept of artificial intelligence (AI) has evolved significantly over the past few decades. Initially, AI was limited to simple rule-based systems, but with advances in machine learning and neural networks, AI has begun to mimic human cognition in increasingly complex ways. This has led to AI being applied across a wide range of fields, from healthcare to finance, and even creative industries. As AI technology continues to advance, ethical considerations regarding its use, such as data privacy and decision-making transparency, have become a critical area of focus.
| Stats ID: | 7567 |
| Format: | Databook |
| Published: | January 2025 |
| Delivery: | Immediate |
| Price | US$ 1550 |
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