Canada Disposable Tableware Market Size
Study Period | 2020 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2020 - 2022 |
CAGR | > 2.00 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Canada Disposable Tableware Market Analysis
In Canada, the Disposable Tableware Market constantly grew over many years because there are many restaurants and hotels in this region. The potential reason was they preferred to use disposable tableware such as plates, cups, etc., rather than steel or glass material because disposable tableware reduces the labor force by a great margin as washing the tableware was eliminated by using disposal Tableware. And the Disposable Tableware was only for Use and Throw type.
COVID-19 had a serious impact on the Canada Disposable Tableware Market. The shutdown of different food stalls where most of the Disposable Tableware was used. However, disposable tableware items were used for food delivery during the first phase of COVI-19. But due to the disruption in the supply of disposable tableware to the end users directly by different retailers, the demand has drastically decreased.
The disposable tableware market will likely be positively influenced by increasing disposable incomes and introducing innovative products. Trendy lifestyles, increasing implementation of various cooking techniques and presentations and increasing urbanization drive the disposable tableware market. Demand for dinnerware and glassware is rapidly increasing due to various classy designs.
Canada Disposable Tableware Market Trends
This section covers the major market trends shaping the Canada Disposable Tableware Market according to our research experts:
Rising consumer preference for bio-degradable tableware
A surge in environmental awareness worldwide has driven the demand for biodegradable and compostable tableware in the recent past, creating growth prospects for major players and new entrants in the global market. Disposable tableware is usually produced from recycled paper and agricultural residues such as rice husk and sugarcane pulp, which are 100% compostable and environmentally friendly. Unlike plastic tableware, biodegradable tableware decomposes in the soil, releasing important nutrients that aid plant growth.
Increasing Urbanization and Takeaway Restaurants
The Canada Disposable Tableware Market is experiencing substantial growth due to the increase in quick-service restaurants, cafes, and bars. There is a substantial raise in the convenience-seeking customers, which would further drive the demand in the Disposable Tableware Market. The increasing urbanization is also driving the growth of the disposable tableware market. In 2021, nearly 73.7% of Canadians lived in one of Canada's large urban centers. Due to the changing lifestyle of the urban population and the increase in household events, disposable tableware products are also driving the need for Disposable Tableware products.
Canada Disposable Tableware Industry Overview
The Canada Disposable Tableware Market is moderately consolidated in terms of market share. Dart Container Corporation, Huhtamaki Oyj, Pactiv LLC, Natural Tableware, Biotrem, and Dixie are some of the major manufacturers currently dominating the market. The competitive factors that drive the performance of these major companies are pricing, availability, and environmental sustainability.
Canada Disposable Tableware Market Leaders
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Dart Container Corporation
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Huhtamaki
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Pactiv LLC
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Natural Tableware
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Biotrem
*Disclaimer: Major Players sorted in no particular order
Canada Disposable Tableware Market News
In April 2022, Huhtamäki Oyj signed a EUR 250 million term loan facility agreement with two (2) years of maturity. The facility has a one-year extension option at the discretion of the lenders. The facility will be used for refinancing and general corporate purposes of the Group.
In June 2021, Solo launched an initiative that helps support Feeding America, the nation's largest hunger-relief organization. The SOLO/Feeding America partnership offers SOLO fans the opportunity to purchase exclusively branded apparel and lifestyle products and help provide at least 1.5 million meals for needy people over the next two years.
Canada Disposable Tableware Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Value Chain / Supply Chain Analysis
4.5 Porter's Five Forces Analysis
4.5.1 Threat of New Entrants
4.5.2 Bargaining Power of Buyers/Consumers
4.5.3 Bargaining Power of Suppliers
4.5.4 Threat of Substitute Products
4.5.5 Intensity of Competitive Rivalry
4.6 Insights into Technological Advancements in the Industry
4.7 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
5.1 By Product Type
5.1.1 Disposable Cups
5.1.2 Disposable Plates
5.1.3 Disposable Bowls
5.1.4 Disposable Silverware
5.1.5 Other Product Types
5.2 By Application
5.2.1 Residential
5.2.2 Commercial
5.3 By Distribution Channel
5.3.1 Hypermarkets and Supermarkets
5.3.2 Convenience Stores
5.3.3 Online
5.3.4 Others
6. COMPETITIVE LANDSCAPE
6.1 Market Concentration Overview
6.2 Company Profiles
6.2.1 Dart Container Corporation
6.2.2 Huhtamaki Oyj
6.2.3 Pactiv LLC
6.2.4 Natural Tableware
6.2.5 Biotrem
6.2.6 Dixie
6.2.7 Hefty
6.2.8 Chinet
6.2.9 Solo *
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. DISCLAIMER AND ABOUT US
Canada Disposable Tableware Industry Segmentation
Disposable Tableware products are made of coated and plastic resins used in dining, such as drinkware, dishware including cups, plates, bowls, and serving platters designed for one-time use only. Canadian disposable tableware market is segmented by Product Type (Disposable Cups, Disposable Plates, Disposable bowls, Disposable Silverware, and Other Products), by Application (Residential, Commercial), by Distribution channel (Supermarkets and Hypermarkets, Convenience Stores, Online, Others).
Canada Disposable Tableware Market Research FAQs
What is the current Canada Disposable Tableware Market size?
The Canada Disposable Tableware Market is projected to register a CAGR of greater than 2% during the forecast period (2024-2029)
Who are the key players in Canada Disposable Tableware Market?
Dart Container Corporation, Huhtamaki, Pactiv LLC, Natural Tableware and Biotrem are the major companies operating in the Canada Disposable Tableware Market.
What years does this Canada Disposable Tableware Market cover?
The report covers the Canada Disposable Tableware Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Canada Disposable Tableware Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Canada Disposable Tableware Industry Report
Statistics for the 2024 Canada Disposable Tableware market share, size and revenue growth rate, created by ÌÇÐÄvlog´«Ã½â„¢ Industry Reports. Canada Disposable Tableware analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.