Latin America Biodegradable Tableware Market Size & Outlook
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Latin America biodegradable tableware market highlights
- The Latin America biodegradable tableware market generated a revenue of USD 1,197.9 million in 2023.
- The market is expected to grow at a CAGR of 7.7% from 2024 to 2030.
- In terms of segment, plates/trays was the largest revenue generating type in 2023.
- Cutlery is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Argentina is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 1,197.9 million |
| Market revenue in 2030 | USD 2,008.8 million |
| Growth rate | 7.7% (CAGR from 2023 to 2030) |
| Largest segment | Plates/trays |
| Fastest growing segment | Cutlery |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Plates/Trays, Bowls, Drinkware, Cutlery |
| Key market players worldwide | Pactiv Evergreen Inc Ordinary Shares, Reynolds Consumer Products Inc Ordinary Shares, Huhtamäki Oyj, Genpak, Bionatic, BioPak, Apollo Global Management Inc Class A, Biotrem, Dart Container Corporation, PAPSTAR |
Other key industry trends
- In terms of revenue, Latin America region accounted for 7.8% of the global biodegradable tableware market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 8,200.0 million by 2030.
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Biodegradable Tableware Market Scope
Biodegradable Tableware Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| PAPSTAR | View profile | 1001-5000 | Kall, Nordrhein-Westfalen, Germany, Europe | https://www.papstar.com |
| Dart Container Corporation | View profile | 10001+ | Mason, Ohio, United States, North America | https://www.dartcontainer.com |
| Biotrem | View profile | 11-50 | Warszawa, Mazowieckie, Poland, Europe | http://biotrem.pl/en/ |
| Reynolds Consumer Products Inc Ordinary Shares | View profile | 6000 | 1900 W. Field Court, Lake Forest, IL, United States, 60045 | https://www.reynoldsconsumerproducts.com |
| BioPak | View profile | 101-250 | Bondi, New South Wales, Australia, Oceania | https://www.biopak.com.au/ |
| Genpak | View profile | 1001-5000 | Charlotte, North Carolina, United States, North America | http://www.genpak.com |
| Bionatic | View profile | 11-50 | Bremen, Bremen, Germany, Europe | https://bionatic.com/ |
| Apollo Global Management Inc Class A | View profile | 4945 | 9 West 57th Street, 42nd Floor, New York, NY, United States, 10019 | https://www.apollo.com |
| Pactiv Evergreen Inc Ordinary Shares | View profile | 15000 | 1900 West Field Court, Lake Forest, IL, United States, 60045 | https://www.pactivevergreen.com |
| Huhtamäki Oyj | View profile | 17868 | Revontulenkuja 1, Espoo, Finland, 02100 | https://www.huhtamaki.com |
Latin America biodegradable tableware market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to biodegradable tableware market will help companies and investors design strategic landscapes.
Plates/trays was the largest segment with a revenue share of 35.5% in 2023. Horizon Databook has segmented the Latin America biodegradable tableware market based on plates/trays, bowls, drinkware, cutlery covering the revenue growth of each sub-segment from 2018 to 2030.
- Latin America Biodegradable Tableware Type Outlook (Revenue, USD Million, 2018-2030)
- Plates/Trays
- Bowls
- Drinkware
- Cutlery
- Others
- Latin America Biodegradable Tableware Raw Material Outlook (Revenue, USD Million, 2018-2030)
- Wood
- Bamboo
- Paper
- Bioplastic
- Bagasse
- Others
- Latin America Biodegradable Tableware Application Outlook (Revenue, USD Million, 2018-2030)
- Household
- Commercial
- Full Service Restaurants
- Quick Service Restaurants
- Catering
- Others (Canteen, Cafes, Lounges, Picnics and Barbecues etc.)
- Institutional
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Target buyers of Latin America biodegradable tableware market databook
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Our clientele includes a mix of biodegradable tableware market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America biodegradable tableware market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America biodegradable tableware market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America biodegradable tableware market size, by country, 2018-2030 (US$M)
Latin America Biodegradable Tableware Market Outlook Share, 2023 & 2030 (US$M)
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