The global wooden cutlery market is experiencing significant growth, with a projected value of US$ 193.2 million in 2023, and expected to reach US$ 308.8 million by 2033, boasting a Compound Annual Growth Rate (CAGR) of 4.8%. The market is witnessing a surge in demand due to shifting consumer preferences towards natural and organic lifestyle choices, driving the adoption of wooden cutlery as a sustainable and eco-friendly dining option.
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Key Trends Driving Market Growth:
The shift towards natural and organic lifestyle choices is a major trend fueling the growth of the wooden cutlery market. Consumers worldwide are increasingly seeking products free from synthetic chemicals, artificial additives, and harmful substances, extending this trend to their dining experience.
Wooden cutlery perfectly aligns with this trend by offering a natural and chemical-free option for dining. Unlike plastic or metal cutlery that may contain potentially harmful substances, wooden cutlery is made from organic materials and does not require the use of synthetic chemicals during production. This aspect appeals to health-conscious individuals prioritizing the purity and safety of the products they use.
Sales Channel Driving Market Traction:
E-Retail is poised to take the lion’s share of the wooden cutlery market, driven by advancements in the e-retail sector and the growing trend for online purchases. E-retail offers discounts, offers, and easy shipping, providing consumers with a wide variety of options. It is expected to capture nearly 43% value share in 2023 in the global market, with a projected CAGR of 4.5% during the forecast period.
How the Growth of Home Delivery and Online Food Service will Propel the Wooden Cutlery Market?
Consumer preference for takeaway or ready-to-eat food is increasing owing to changing lifestyles, growing disposable income, and rapid urbanization, especially in emerging economies.
Moreover, corporate work culture leading to out-of-home food habits is also strengthening the demand for foodservice disposables with single-use cutleries. Furthermore, consumer preference towards cost-effective and convenient food service is the major factor driving the growth of the disposable cutleries market.
Historic and Forecast Market Outlook for Wooden Cutlery
The global wooden cutlery market is estimated to witness significant rise during the forecasted period as online food delivery is showing a positive outlook and is expected to create an excellent opportunity for wooden cutlery manufacturers due to its low-cost and eco-friendly nature.
The wooden cutlery market is projected to rise at 3.9% CAGR during the forecast period in comparison to the 4.8% CAGR during historical period.
Wooden cutleries are popular among end users and buyers of disposable cutleries for the retail market segment. Communities and clubs regularly organize get-togethers and meetings to enhance socialization value among individuals in their organizations
Competitive Landscape
The key manufacturers operating in wooden cutlery market are focusing on increasing their production capacity to meet the increasing demand for wooden cutlery. Moreover, the key players are increasing their product portfolio to cater for the growing wooden cutlery market.
- In April 2021, a company named Swaas has launched biodegradable bamboo cutlery for their retail segment for being eco-friendly and sustainable.
- In October 2021, McDonald’s Canada franchise replaced plastic cutlery with wooden and paper cutlery.
- In May 2020, a company known as BALIISM, has launched bamboo cutlery set to reduce the amount of disposable cutlery garbage.
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Key Companies Profiled
- Huhtamaki Group Oyj
- Eco-gecko Products Inc.
- Dinearth Eco Friendly Tableware
- Greenwood (Dalian) Industrial Co., Ltd.
- Bambu LLC
- Eco-gecko Products Inc.
- Vegware Ltd.
- Biotrem
- Bio Futura B.V.
Wooden Cutlery Market by Category
By Product:
- Spoon
- Fork
- Knife
By End:
- Food Service Outlets
- Hotels
- Restaurants & Cafes
- QSR
- Institutional
- Cinemas
- Catering
- School & Offices
- Hospitals
- Household Use
By Sales:
- Direct Sales
- Distributors
- Retailers
- Hypermarkets
- Supermarkets
- Convenience Stores
- Specialty Store
- Discount Stores
- E-retail
By Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- Middle East and Africa (MEA)
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