Disposable Plates Market Size & Share | Global Industry Report for 2033

ByNiranjan karde

The Global disposable plates market is on a trajectory of robust expansion, poised to grow at an impressive average compound annual growth rate (CAGR) of 6.2% throughout the forecast period. In 2023, it is expected to reach a substantial revenue of US$5.12 billion, with even greater prospects on the horizon as it anticipates crossing the US$9.35 billion mark by 2033. This growth surge in 2023 has been nothing short of remarkable, with a forecast by FMI projecting an incremental opportunity of US$4.23 billion during the forecasted period.

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As of 2021, the disposable plates industry had already amassed a revenue of US$4.5 billion, and it is anticipated to expand 1.3 times its current market value by the end of 2027. Notably, plastic disposable plates have been at the forefront, holding a commanding 62% industry share in 2022. Additionally, the plain design segment is expected to experience significant growth, expanding 1.3 times by 2027.

Regionally, North America and the Asia Pacific are poised to be pivotal players, collectively holding approximately half of the global market share by the end of 2027. The growth in this industry can be attributed to factors such as convenience, cost-effectiveness, and the increasing trend of using disposable tableware, especially in the food service industry.

Disposable plates are a convenient and practical solution for any occasion. Made from eco-friendly materials, these plates are lightweight yet durable, perfect for serving appetizers, main courses, or desserts. With their disposable nature, cleanup becomes a breeze, saving you time and effort.

Whether you’re hosting a backyard barbecue, a birthday party, or a corporate event, disposable plates offer a hygienic and hassle-free dining experience. Available in various sizes, styles, and designs, they add a touch of elegance to any table setting. So, sit back, relax, and enjoy your meal without worrying about the dishes—disposable plates have got you covered.

In 2023, the disposable plate industry expanded profitably. According to a recent prediction by FMI, the market is predicted to generate an additional opportunity worth US$4.23 billion over the expected period. According to FMI, the disposable plate industry generated 4.5 billion US dollars in revenue in 2021. By the end of 2027, the industry as a whole is anticipated to grow by 1.3 times its current market value.

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Disposable Plates Market by Category

By Product Type:

  • Plastic Plates
    • Expanded Polystyrene (Foam)
    • Polypropylene (PP)
    • Polyethylene Terephthalate (PET)
    • Polyethylene (PE)
    • Polylactic Acid (PLA)
    • Polyhydroxyalkanoates  (PHA)
  • Aluminum
  • Paper
    • Laminated
    • Non-Laminates
    • Others

By Design:

  • Compartmental
  • Plain

By Sales Channel:

  • B2B
    • Food Service Outlets
    • Educational Institutes
    • Corporate Offices
    • Healthcare Facilities
  • B2C (Retail)
    • Online
    • Supermarket
    • Hypermarket
    • Convenience Stores
    • Mom & Pop Stores

By Region:

  • North America
  • Latin America
  • Eastern Europe
  • Western Europe
  • Asia Pacific
  • Middle East and Africa (MEA)
  • Japan