The distinguishing eco-friendly composition of bagasse plates is a key factor driving the bagasse plates market, says a TMR study. The growing demand for disposable tableware to serve the new-age consumers and to be in line with the mindset for responsibility for the environment is expected to prove favorable for the growth of bagasse plates market.
The sturdy attribute of bagasse plates in comparison with the commonly used polystyrene and plastic disposable tableware attracts demand for the product. Thus, manufacturers in the bagasse plates market are strengthening supply chains through eCommerce and mobile shopping apps that are increasingly becoming retail channels of purchase of modern consumers. In addition, manufacturers in the bagasse plates market are working to improve the moisture and temperature, withstanding threshold of bagasse tableware.
Due to these factors, along with the slowdown in the demand for disposable tableware from the hospitality industry during the COVID-19 pandemic, the bagasse plates market is expected to be valued at US$ 322 Mn by 2029.
Far East·GeoTegrity has been deeply involved in the pulp molding industry for 30 years, and is committed to bringing China’s environmentally friendly tableware to the world. Our pulp tableware is 100% biodegradable, compostable and recyclable. From nature to nature, and have zero burden on the environment. Our mission is to be a promoter of a healthier lifestyle.