Market Trends of United States Disposable Tableware Industry
This section covers the major market trends shaping the US Disposable Tableware Market according to our research experts:
Rising Demand for Disposable Tableware in Foodservice Industry is Driving the Market
Disposable tableware is majorly driven by the foodservice industry in the United States. Food delivery apps registered a revenue of USD 26.5 billion in 2020, with rising demand for home deliveries and takeaways boosting the demand for disposal plate segments. The surging demand for on-the-go meals from millennial consumers also boosted the growth of the disposable tableware industry. The United States is witnessing growth in the fast-food and delivery industries, which may indirectly fuel the demand for disposable tableware products in the market. The United States is witnessing a steady increase in fast-food consumption owing to the hectic lifestyles of the majority of the population.
Rising Commercial and Residential Demand for Disposable Tableware is Anticipated to Drive the Market's Growth
Commercial places like hotels and restaurants are major drivers that account for a significant market share in the disposable tableware industry. The growing employment opportunities are leading to hectic lifestyles among the population, thus resulting in an increased preference for eating at commercial places like restaurants than cooking at home. This trend may create more demand for disposable tableware. In 2021, during the pandemic, residential places saw a major rise in the usage of disposable tableware. Factors such as increasing disposable income, product innovations, modern lifestyles, increased use of varied cooking techniques, and rising urbanization are driving the US disposable tableware market.
