Bamboo plates are made up of inner wood of bamboos; outer nodes and epidermis are detached and then used for manufacturing bamboo plates. Bamboo plates are extremely fashionable and 100% natural in nature, many people have started eliminating plastic based tableware and started adopting bamboo tableware. Plastic plates are toxic in nature and also harmful for environment whereas bamboo plates are eco-friendly and non-toxic in nature, these bamboo plates are durable in nature and washable and reusable. Bamboo plates are great substitute of paper plates and glass plates as it is easily available and affordable then glass plates. Bamboo plates market has shown a significant growth in last few years, as restaurant are stated shifting to environment conscious business and started adopting bio degradable and environment friendly product. Innovation in bamboo plates and wide adaptation of bamboos plates is major factor in growth of bamboo plates market.
COVID-19 Impact Analysis
- During COVID-19, globally many industries suffered from economic crises. The pandemic hampered the global bamboo plate market.
- To control the spread of coronavirus, lockdowns were imposed that resulted in huge disruption in supply chain of raw material and looming of production cycle of global bamboo plate market.
- Restraints were imposed by government on several restaurants, catering services and cafes who are major users of bamboo plates that led to huge decline in demand of bamboo plates. E-commerce has played significant role in uplifting supply chain of bamboo plate market.
Top Impacting Factors
Bamboo plates are very commonly used in several places such as restaurants, household and parties. Many restaurants are started eliminating plastic products and started adaption of eco-friendly products in way of doing and opting environment conscious business strategies. Bamboo plates looks beauty full and offers aesthetic appearance to dining table decoration of hotels and restaurants. Many catering agencies are started using bamboo plates for to cater food in parties and several ceremonies as it looks creative and helps to offer premium services to its customers. Many people have started using bamboo plates for household purposes as it is reusable and durable in nature
Key player are highly investing in innovation of products and engaged with R&D process, to offers improvised and innovative products to catering demand of it consumers and to compete with competitors and rival products.Key players have introduced new and modern bamboo plates that are available in different design, shapes and shades. Key players have introduced portioned bamboo plates that are also known as diet control plates, these plates are used to keep food in different portions such one for a vegetables section, another section for fruits and cereals.
Now a day consumers are more aware about environmental factor as is also affect quality of life, they have started adapting bamboo plates instead of plastic or other plates as these plates are environmental friendly and get easily decade under soil in some time. Normal plastic plates are polluting the environment and take all most 500 years to decompose, plastic plated release to toxic substances when it comes in contact with stirring hot food which is very harmful for human body. Bamboo plates are 100% eco-friendly and non-toxic in nature, bamboo plates are safe for kids and children also. Rise in awareness among people about environmental and health factor is prominent factor in growth of global bamboo plates market.
Rise in Adaption of Bamboo Plates for Online Food Catering Services
- Many peoples have stared opening cloud kitchen and food delivery service as these business is highly profitable business. Work life of people have become more hectic and people are very busy with their schedules and become more dependent on online food delivery services especially students and bachelors who are living alone. Many food deliver services and agencies are using bamboo plates for delivery foods as these plates are highly durable as compared to paper plates and have strong bases. It also helps to absorb excess moisture from packing and offers premium delivery services to customers. Rise in adaption of bamboo plates in food delivery services is utmost factor in fuelling growth of global bamboo plate market.
Rise in Trend of Using Bamboo Plates by Catering Service Agencies
- Many catering services started using bamboo plates for catering purposes in parties, and ceremonies, as these bamboo plates are offer aesthetic appearance to dining table decoration and helps to deliver premium services experience to consumers. These plates are heat and moisture resistant, whereas papers plates melt very quickly. These plates are eco-friendly and durable in nature is also use in-flight catering services that is foremost factor in boosting growth of global bamboo plate market.
Key Benefits of Report
- This study presents the analytical depiction of the bamboo plate industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the bamboo plate market share.
- The current market is quantitatively analysed to highlight bamboo plate market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides detailed bamboo plate market analysis based on competitive intensity and how the competition will take shape in coming years.
Questions Answered in the Bamboo Plate Market Research Report
- Which are the leading players active in the bamboo plate market?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities of the market?
- What future projections would help in taking further strategic steps?
- What is the ball bamboo plate market prediction in the future?
- Which will be the niches at which players profiling with recent advancements should set a presence?
- What are the current trends and predicted trends?
Bamboo Plate Market Report Highlights
By Product Type
By Price Point
By Distribution Channel
Key Market Players
Highly Pulp Molding Pack., Ltd., Xiamen Ebei Import & Export Co. Ltd, Fuzhou QBeng E-commerce Co. Ltd., Yangzhou Muhe Trading Co. Ltd., Anhui Bochen Eco Co., SanmingXingyuan material trading Co, ZH moulded pulp Co., Ltd., Mumu Houseware Co. Ltd, Jianou Xin Sunshine Bamboo Industry Co., Ltd, Weifang Yunsheng Group Co. Ltd