The global one-off chopsticks market is expected to reach USD
41.1 billion by 2025, according to a new research conducted by Grand View
Research, Inc. The growing need for disposable chopsticks, particularly made of
aspen, is projected to spur the market growth over the forecast period. The
fact that chopsticks form an integral part of tableware & kitchen utensils,
particularly in the Asian countries, is expected to remain a key driver.
The one-off chopsticks market is
anticipated to witness moderate growth over the forecast period, globally. This
can be accredited to the use of aspen for producing chopsticks as compared to
other materials such as bamboo, birch, and cottonwood, among others.
Furthermore, manufacturers are gradually shifting their plants to North America
and other regions, owing to the surging government regulations pertaining to
deforestation and availability of aspen in these regions. However, the
environmental impact and surging health concerns, due to the adoption of
one-off chopsticks, are the key factors challenging the market growth.
Browse full research report on One-off Chopsticks Market:
http://www.grandviewresearch.com/industry-analysis/one-off-chopsticks-market
Further key findings from
the report suggest:
- The bamboo chopsticks segment captured over 50% of
the total revenue in 2015. However, aspen chopsticks are projected to
witness high growth at a CAGR exceeding 11% from 2016 to 2025, owing to
the surging espousal in Asian countries and better life span against their
counterparts.
- The Asia Pacific region dominated the market in 2015
with a market share of over 60%. However, North America is projected to
emerge as the fastest growing market and is expected to witness a healthy
CAGR of over 8%, primarily due to the rising aspen chopsticks
manufacturing activities in the region.
- The key purveyors in this industry comprise Pacific
East Company, Ngoc Chau Enterprise Pte, Nanchang Sanyou Industrial Co.,
Ltd., Nine Zero Trade & Development Limited, Dom Agri Products, and
Bamboo Forever Co., Ltd.
Grand View Research has segmented the global one-off
chopsticks market based on product and region:
One-off Chopsticks Product Outlook (Revenue, USD Million;
2014 - 2025)
- Aspen
- Bamboo
- Others
One-off Chopsticks Regional Outlook (Revenue, USD
Billion; 2014 - 2025)
- North
America
- U.S.
- Canada
- Europe
- UK
- Germany
- Asia
Pacific
- China
- India
- Japan
- Taiwan
- Latin
America
- Brazil
- Mexico
- The
Middle East & Africa
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
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