Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 5.72 Billion | USD 8.57 Billion | 5.20% | 2022 |
FrequentlyAsked Questions
Plastic paper plates are a type of disposable plate made from a combination of paper and plastic. They are typically made from a paperboard core that is coated with a layer of plastic. This gives the plates their strength and durability, while also making them waterproof and grease-resistant.
The primary factor projected to drive the plastic paper plate market is convenience and cost-effectiveness. Plastic plates offer a convenient solution for serving food or snacks for a variety of occasions, such as parties, dinners, outdoor dining, or even everyday use. By eliminating the need to clean and wash traditional dishes, they reduce the time and effort required to clean dishes after a meal.
According to the report, the global plastic paper plate market size was worth around USD 5.72 billion in 2022 and is predicted to grow to around USD 8.57 billion by 2030.
The global Plastic Paper Plate Market is expected to grow at a CAGR of 5.20% during the forecast period.
The global Plastic Paper Plate Market growth is expected to be driven by North America. due to its high disposable income, busy lifestyle, and widespread adoption of convenience-focused products.
The global Plastic Paper Plate market is dominated by players like Dart Container Corporation, Georgia-Pacific LLC, Huhtamaki Oyj, International Paper Company, Duni AB, Pactiv LLC, Genpak LLC, Lollicup USA Inc., Polar Plastic Ltd., Go-Pak UK Ltd.
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