Sugarcane Fiber Bowls Market: An Overview
Sugarcane Fiber bowls are fully compostable, hence they are widely used globally to reduce plastic waste and methane emissions. Sugarcane fiber bowls as the name suggests are made of sugarcane which is a rapid renewable resource. Sugarcane fiber bowls are strong, cut and grease resistant which makes it a great alternative for plastics or polystyrene. Sugarcane fiber bowls are sturdier compare to the paper bowls which makes them a great combination of compostability and performance. This is anticipated to fuel the market demand for sugarcane fiber bowls. Composting helps to divert waste from landfills and reduces the footprint on the environment. Sugarcane fiber bowls are durable and flexible because of the significant amount of starch components involved in the production. These attributes might augment the market demand for sugarcane fiber bowls.
Sugarcane Fiber Bowls Market: Dynamics
Sugarcane fiber bowls are oven-safe, microwavable and freezer safe. This enables their use for many purposes such as hot and cold food. Increase in e-commerce is likely to have an impact on sugarcane fiber bowls market. Since many restaurants provide food or cater to deliveries in foam bowls, which are hazardous for the environment. Thus, online deliveries and take away food culture is likely to boost the market demand for sugarcane fiber bowls. Manufacturers are adapting sugarcane fiber bowls due to its benefits of raw material availability and lower environmental impact which provides a broad range of cost-effective options. In addition, delivery of sugarcane fiber bowls due to e-commerce will enhance the accessibility of the product to reach the masses. Government support to promote the manufacturing of eco-friendly products is providing opportunities to the manufacturers of sugarcane fiber bowls manufacturer. Development in designs of bowls and machinery and equipment for production is likely to increase the market demand for sugarcane fiber bowls.
Moreover, sugarcane fiber bowls are made from the by-product of sugarcane which results in remaining fiber getting processed for tableware products. Thus, it does not require any additional cultivation or maintenance. The sugarcane fiber bowls are 100% compostable which can be used as organic compost. This is anticipated to fuel the growth of sugarcane fiber bowls market.
Sugarcane Fiber Bowls Market: Regional Outlook
The Asia Pacific is likely to lead the global demand for sugarcane fiber bowls market owing to its high consumption and large population. India is one of the largest producers of sugarcane which is likely to fuel the growth of sugarcane fiber bowls, Furthermore, increasing awareness and concerns regarding the environment are expected to rise the market demand for sugarcane fiber bowls. Europe is likely to witness the growth in the sugarcane fiber bowls market due to the population’s awareness regarding plastic hazards. In addition, government regulations such as the ban on single-use plastics are likely to fuel the market demand for greener alternatives.
Sugarcane Fiber Bowls Market: Impact of COVID 19
COVID 19 has led to disruptions in the supply chain globally. The sugarcane fiber bowls market is likely to face challenges due to the change in customer sentiments. Customers have stopped going to restaurants to eat out or takeaways due to safety concerns. Preference for home-cooked meals and grocery has increased and full-service restaurants are heavily affected by the COVID 19 outbreak. However, online deliveries are likely to have prevailing growth for sugarcane fiber bowls. In addition, sugarcane fiber bowls are anticipated to have demand due to their hygienic and disposable features which limit the risk of contamination. The growth of sugarcane fiber bowls market is expected to be hindered in the year 2020 due to the COVID 19 outbreak.
Sugarcane Fiber Bowls Market: Key Players
Key players in the sugarcane fiber bowls market are as follows,
- Eco-products, Inc
- Dine Earth
- Green Paper Products
- Beijing Mercurius Technology Co., Ltd
- Green Home LLC
- Huhtamaki Group
- Natural Tableware
- Green Good USA
Sugarcane Fiber Bowls Market: Segmentation
Sugarcane Fiber Bowls Market can be segmented on the basis of type, size, distribution channel and end-use.
By Type, Sugarcane Fiber Bowls Market can be segmented as
- Classic Bowls
- Coupe Bowls
- Noodle Bowls
By Size, Sugarcane Fiber Bowls Market can be segmented as
- Less than 6 oz
- 6-8 oz
- 9-12 oz
- 13-18 oz
- More than 18 oz
By Distribution Channel, Sugarcane Fiber Bowls Market can be segmented as
- Online channel
- Offline channel
- Retail Stores
- Super markets
- Hyper markets
By End-Use, Sugarcane Fiber Bowls Market can be segmented as
- Food Industry
- Take away
- Quick service restaurants
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