Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 27.63 Billion | USD 54.32 Billion | 7.8% | 2023 |
According to a report from Zion Market Research, the global One-off Chopsticks Market was valued at USD 27.63 Billion in 2023 and is projected to hit USD 54.32 Billion by 2032, with a compound annual growth rate (CAGR) of 7.8% during the forecast period 2024-2032. This report explores market strengths, weakness, opportunities, and threats. It also provides valuable insights into the market's growth drivers, challenges, and the future prospects that may emerge in the One-off Chopsticks industry over the next decade.
Chopsticks demonstrate style and aesthetic appeal while serving guests in hotels, restaurants, and households. One-off chopsticks are one of the types of chopsticks and are utilized mostly by the Chinese, Japanese, and Mongolian population as a part of their tradition. In fact, a one-off chopstick is a pair of same length and is utilized for eating in kitchen or dining room.
A "one-off" chopstick refers to disposable chopsticks, typically made from wood or bamboo, that are used only once before being discarded. These chopsticks are commonly found in restaurants, takeout meals, and food stalls, especially in Asian countries like Japan and China. They are often packaged in paper sleeves for hygiene purposes and offer convenience for businesses and consumers. However, one-off chopsticks contribute significantly to waste, leading to environmental concerns over deforestation and pollution. As a result, there is a growing movement toward promoting reusable chopsticks or more eco-friendly, biodegradable alternatives to reduce the environmental impact.
Massive demand for Chinese food, as well as fast food among the teenage population, is predicted to accelerate one-off chopsticks market revenue over the forthcoming years. Today, instant noodles have become popular not only among the children, but also among the youths, adults, and the elderly population. This has triggered the expansion of one-off chopsticks market across the globe. Globally, the one-off chopsticks market is expected to see moderate growth over the forecast period. As opposed to other materials such as bamboo, birch, and cottonwood, among others, this can be accredited to the use of aspen for the manufacture of chopsticks.
Nonetheless, the use of the product requires extensive practice, as well as the organization and its utility, is restricted to a diet including pan-fried diet, noodles, and rice cakes. In addition, the use of one-off chopsticks is impacted by the etiquettes that can sometimes injure a person while consuming the diet.
The one-off chopsticks market can be classified into raw material and application.
Based on raw material, the one-off chopsticks market is divided into plastic, aspen, bamboo, stainless, and wood.
Application wise, the one-off chopsticks market is sectored into pan fried, noodles, and rice cakes.
Report Attributes | Report Details |
---|---|
Report Name | One-off Chopsticks Market |
Market Size in 2023 | USD 27.63 Billion |
Market Forecast in 2032 | USD 54.32 Billion |
Growth Rate | CAGR of 7.8% |
Number of Pages | 110 |
Key Companies Covered | Pacific East Company, Agri-Dom, Ngoc Chau Enterprise Pte., Besta Bamboo Machine Company Limited, Blooming Wave Co., Senior Care Innovation Limited, Nanchang Sanyou Industrial Company Limited, Nine Zero Trade & Development Limited, and ForeverBamboo |
Segments Covered | By Raw Material, By Application And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Based on the region, the one-off chopsticks market can be divided into five main regions: North America, Latin America, Asia Pacific, Europe, and the Middle East and Africa. One-off chopsticks industry in the Asia Pacific is anticipated to dominate the overall market share in the forthcoming years. The expansion can be credited to an increase in the intake of rice in the diet across the APAC countries such as Vietnam. China being the major manufacturer of the product will contribute largely towards the market revenue in the Asia Pacific. With the product recyclability, their sales in the region might increase over the coming period.
The European market is projected to leverage the global one-off chopsticks industry, subject to thriving fast food industry in the region. France is predicted to be the major regional revenue contributor to the market in Europe.
Moreover, with the U.S. being the biggest importer of instant noodles as a result of busy work schedule and preference for less cooking activities, it has been forecast that the country will optimistically influence the market size. Furthermore, the United States of America has large Chinese immigrants and this will further enhance the business space in the country.
Few of the main participants in one-off chopsticks market are
Global One-off Chopsticks Market: Raw material Segment Analysis
Global One-off Chopsticks Market: Application Segment Analysis
Global One-off Chopsticks Market: Regional Segment Analysis
FrequentlyAsked Questions
A "one-off" chopstick refers to disposable chopsticks, typically made from wood or bamboo, that are used only once before being discarded. These chopsticks are commonly found in restaurants, takeout meals, and food stalls, especially in Asian countries like Japan and China. They are often packaged in paper sleeves for hygiene purposes and offer convenience for businesses and consumers. However, one-off chopsticks contribute significantly to waste, leading to environmental concerns over deforestation and pollution. As a result, there is a growing movement toward promoting reusable chopsticks or more eco-friendly, biodegradable alternatives to reduce the environmental impact.
Massive demand for Chinese food, as well as fast food among the teenage population, is predicted to accelerate one-off chopsticks market revenue over the forthcoming years.
According to a report from Zion Market Research, the global One-off Chopsticks Market was valued at USD 27.63 Billion in 2023 and is projected to hit USD 54.32 Billion by 2032.
The global one-off chopsticks market is expected to grow at a CAGR of 7.8% during the forecast period.
One-off chopsticks industry in the Asia Pacific is anticipated to dominate the overall market share in the forthcoming years.
Few of the main participants in one-off chopsticks market are Pacific East Company, Agri-Dom, Ngoc Chau Enterprise Pte., Besta Bamboo Machine Company Limited, Blooming Wave Co., Senior Care Innovation Limited, Nanchang Sanyou Industrial Company Limited, Nine Zero Trade & Development Limited, and ForeverBamboo.
The global one-off chopsticks market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTEL analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five force analysis, and value chain analysis.
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