One-off Chopsticks Market Size And Trend Report

One-off Chopsticks Market Size And Trend Analysis By Product (Aspen, Bamboo), By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) And Segment Forecasts, 2014 - 2025

Published: February 2017  |  55 Pages  |  Format: PDF  |  Report ID: GVR-1-68038-379-9

Industry Insights

The global one-off chopsticks market size was valued at USD 13.94 billion in 2015 and is expected to witness a significant growth, owing to its surging espousal as a basic necessity for eating food, in the Asian countries. Furthermore, recyclability is a major driver that is expected to spur their sales over the projected period.

Chopsticks serve several functions apart from being tableware. Chopsticks exhibit the aesthetic and artistic sensibilities of people. Traditionally, use of different materials and colors for chopsticks depicted different meanings. They may depict a user’s position, treasure, luck, and other factors. Gifting a pair of chopsticks to friends & relatives is a common tradition observed in the Asian countries. People customize these gifts and add emotional aspects to them.

Global one-off chopsticks market, 2014 - 2025 (USD Million)

Global one-off chopsticks market

Product Insights

The bamboo segment accounted for the highest market share in 2015. However, the aspen wood segment is projected to witness the highest growth over the forecast period, owing to its benefits and widespread espousal, across the globe.

Aspen wood is the most dominant material used to make chopsticks. Apart from aspen, bamboo, birch, and many other materials are used in producing one-off chopsticks. Majority of the chopsticks are crafted from different varieties of wood and then coated with paint, oil, or lacquer. Other typical woods used to make chopsticks are pine, cherry, cedar, sandalwood, and paulownia. Wood, used as raw material, needs to be hard and water-resistant. The grain & color of the wood is vital in maintaining the quality of one-off chopsticks.

Global one-off chopsticks market by product, 2015 (USD Million)

One-off chopsticks market

Regional Insights

The Asia Pacific region held the largest market share in 2015 and accounted for over 60% of the industry share. However, North America is projected to be the fastest growing market and is anticipated to grow at a CAGR of over 10% from 2016 to 2025. The rise in the number of manufacturing plants coupled with the high availability of aspen in this region is anticipated to drive the regional one-off chopsticks market. Furthermore, with the surging government regulations pertaining to deforestation, in China and other Asian countries, manufacturers are gradually shifting their focus toward the North American region.

Manufacturers would have to face local government restrictions, in China and other Asian countries, to reduce the usage of throwaway utensils including chopsticks. The Chinese government is taking efforts to safeguard its national forests by commending inhabitants for using reusable chopsticks.

Competitive Insights

The one-off chopsticks industry is highly unorganized, owing to the presence of several local purveyors dominating the market. However, few key players are adopting strategies of expansion to grab a considerable market share in the near future. Price competition is intense, owing to the presence of several local players, who offer a variety of products. The chief players are undertaking technological advancements and catering the customized requirements of the end-users.

At present, there are a few global players holding significant position in the market, such as Pacific East Company, Ngoc Chau Enterprise Pte, Nanchang Sanyou Industrial Co., Ltd., among others.

Report Scope

Attribute

Details

Base year for estimation

2015

Actual estimates/Historical data

2014 - 2015

Forecast period

2016 - 2025

Market representation

Revenue in USD Million & CAGR from 2016 to 2025

Regional scope

North America, Europe, Asia Pacific, Latin America, and MEA

Country scope

U.S., Canada, UK, Germany, India, Japan, Taiwan, China, Brazil, and Mexico

Report coverage             

Revenue forecast, company share, competitive landscape, growth factors, and trends

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Segments Covered in the Report

This report forecasts revenue growth on global, regional, and country levels and provides an analysis of the industry trends in each of the sub-segments from 2014 to 2025. For the purpose of this study, Grand View Research has segmented the one-off chopsticks market based on product and regions:

  • Product Outlook (Revenue, USD Million; 2014 - 2025)

    • Aspen

    • Bamboo

    • Others

  • Regional Outlook (Revenue, USD Million; 2014 - 2025)

    • North America

      • U.S.

      • Canada

    • Europe

      • UK

      • Germany

    • Asia Pacific

      • China

      • India

      • Japan

      • Taiwan

    • Latin America

      • Brazil

      • Mexico

    • The Middle East & Africa (MEA)

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