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OVERVIEW OF AGRI FIBER PULP MOLDED PRODUCTS
Agri pulp molded fiber be it Bagasse, Rice/Wheat Straw or Bamboo is remoulded to a kind of paper that is used to make plates, cups, trays & food boxes. Recyclability, lightweight, and other physical attributes of disposable tableware will continue to make them the foremost choice of packaging food products. Disposable tableware are designed to hold both, hot and cold substances, which further propels their applicability in global food & beverage industry. However, a majority of disposable are made from Plastic or Styrofoam. This raises concerns regarding the impact of such products on the environment, whether in terms of rising production or from dumping waste plastic disposable.
ADVANTAGE OF GREEN PRODUCTS MADE FROM BIODEGRADABLE, COMPOSTABLE AGRI PULP FIBRE
- Biodegradable carry out containers
- Tough enough for oil based sauces
- Impermeable and non-toxic
- Green food service products
- Non toxic & Petroleum Free
- Microwave, refrigerator and freezer safe
- Helps protect the environment and reduce greenhouse gases
Sugarcane or Rice is a very fast renewable resource for which no trees have to be cut down. As a by-product of the sugar or staples (Wheat, Rice) production, they do not require additional cultivation areas and has no impact on the area of forests. Also the Agri Pulp Fibre based production consumes much less energy.
Indian Context:
After latest UN Climate Action Summit held on 23rd September 2019 in N.Y. , PM of India Mr. Narender Modi committed the world for India to get rid of single use plastic and announced a ban on it with effect from 2nd Oct, 2019. Covid19 situation had crumbled these plans execution temporarily but again Indian Government has come up with very stringent guidelines to ban single plastic to be effective from Jul 2022. This is a dynamic shift and an exemplary action by Government of India. This further strengthens our believe to bring such world class product into market to suffice the increased demand. On one hand where we are helping to bring in self reliance on the other hand bringing Green products from sustainable resources at very competitive rates directly to consumers. This is possible due to direct bridge between manufacturing and consumer.
Growth will be driven by the increased options and convenience of meals prepared or consumed away from home. Demand will also be supported by a shift toward the use of higher value products featuring sustainable & compostable materials.
Global Context:
Disposable tableware made from such materials is predicted to garner surplus demand in the years to come. Such favourable consumer preferences, coupled with rising consumption of fast in the world, will also continue consolidating the growth of global disposable market. The overall value of the international market of disposable tableware was 27 billion USD in 2016. By the end of 2020, it has reached up to 30 billion US dollars. The growth has happened at a CAGR of 2% in the past 4 years.
The main regions responsible for the growth of the biodegradable tableware market are the countries of Pacific and South-East Asia, Central Europe, and the North American countries. The main countries from the specific region are –
Asia-Pacific: India, Vietnam, Malaysia, Korea, Indonesia, Philippines, Japan, Australia, Thailand
Europe: Germany, Turkey, Russia UK, France, Italy
North America: United States, Canada, Mexico
South America: Brazil
The Middle East and Africa: Egypt, & other gulf countries
The above graph represents the growth of the disposable tableware market from the previous four years i.e. 2017 to 2020.
The growth of the tableware market is calculated with the growth of sell and purchase orders of the tableware.
Today, the market is growing a conscience. With plastic bans in various cities across Globe and an increase in awareness of the dangers of plastic, people are accepting more of biodegradable materials.
Latin America is expected to have the largest shares in global bagasse plates market, Brazil is the largest producer of sugarcane in world resulted with largest producer of bagasse plates.
Emerging economies like India from APAC to have maximum shares in this segment.