Market Research Report Store Global Bioplastic Utensils Market Research Report
Market Research Report Store adds"Global Bioplastic Utensils Market Research Report 2017"
to its research database.The Report consists of players, region, type and application.The research
analysts also provide an elaborate description of sales, market share,revenue and forecast until
2022.
Description
The bioplastic utensils are mainly made from PLA resin, CPLA (modified PLA), and Starch Blends.
And in general, the plant starch utensils are made from 70% renewable resources and 30% fillers like
polypropylene and talc.
In 2016, the global bioplastic utensils sales was 845 million pieces, and it will be 1274 million pieces
in 2022; while the revenue of bioplastic utensils was 31.9 million USD in 2016 and predicted to reach
43.9 million USD in 2022, with a CAGR of 5.5% between 2016 and 2022.
United States and Europe and dominating the bioplastic utensils market, due more and more consumers
have strong environmental protection consciousness, high consumption levels and perfect sales channel
(e.g. organic food stores and on-line shopping). Shortly, United and Europe will keep the market
position and pioneering advantages. Asia-Pacific also in an important market, but the bioplastic utensils
develops slowly, because of the weak environmental awareness, and the high price.
Compared to the conventional utensils (made from petrochemical plastics), the price of bioplastic
utensils is too high, its too hard to expand massively, and most of the retailers are reluctant to stock
(purchase) bioplastic utensils due to low demand, especially in the countries with low consumption
levels, like China, Southeast Asia, India and South America.
Currently, the market is dominated by the players from US and Europe, like Biopak, Eco-Products, Inc,
Trellis Earth, BioMass Packaging, World Centric, Bionatic GmbH, GreenGood, Better Earth,