According to the report, global demand for One-off Chopsticks market was valued at approximately USD 22.4 billion in 2019, and is expected to generate revenue of around USD 42.2 billion by end of 2026, growing at a CAGR of around 10.2 % between 2020 and 2026.
According to the report, global demand for One-off Chopsticks market was valued at approximately USD 22.4 billion in 2019, and is expected to generate revenue of around USD 42.2 billion by end of 2026, growing at a CAGR of around 10.2 % between 2020 and 2026.
Global One-off Chopsticks Market: Overview
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.
Global One-off Chopsticks Market: Growth Factors
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.
Global One-off Chopsticks Market: Segmentation
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.
Global One-off Chopsticks Market: Regional Analysis
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.
Global One-off Chopsticks Market: Competitive Players
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 report segments the Global One-off Chopsticks market as follows:
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
List of Figures
1. Market research process
2. Market research methodology
3. Global One-off Chopsticks Market, 2016–2026 (USD Billion)
4. Porter’s Five Forces Analysis
5. Global One-off Chopsticks Market attractiveness, By Raw material
6. Global One-off Chopsticks Market attractiveness, By Application
7. Global One-off Chopsticks Market attractiveness, By Region
8. Global One-off Chopsticks Market share, By Raw material, 2019 and 2026
9. Global One-off Chopsticks Market by Aspen, 2016–2026 (USD Billion)
10. Global One-off Chopsticks Market by Plastic,2016–2026 (USD Billion)
11. Global One-off Chopsticks Market by Bamboo,2016–2026 (USD Billion)
12. Global One-off Chopsticks Market by Stainless,2016–2026 (USD Billion)
13. Global One-off Chopsticks Market by Wood,2016–2026 (USD Billion)
14. Global One-off Chopsticks Market share, By Application, 2019 and 2026
15. Global One-off Chopsticks Market by Pan Fried, 2016–2026 (USD Billion)
16. Global One-off Chopsticks Market by Noodles, 2016–2026 (USD Billion)
17. Global One-off Chopsticks Market by Rice cakes, 2016–2026 (USD Billion)
18. Global One-off Chopsticks Market share, by Region, 2019 and 2026
19. North America One-off Chopsticks Market, 2016–2026 (USD Billion)
20. Europe One-off Chopsticks Market, 2016–2026 (USD Billion)
21. Asia Pacific One-off Chopsticks Market, 2016–2026 (USD Billion)
22. Latin America One-off Chopsticks Market, 2016–2026 (USD Billion)
23. The Middle East and Africa One-off Chopsticks Market, 2016–2026 (USD Billion)
List of Tables
1. Global One-off Chopsticks Market: snapshot
2. Drivers of the One-off Chopsticks Market: impact analysis
3. Restraints of the One-off Chopsticks Market: impact analysis
4. North America One-off Chopsticks Market revenue, By Raw material,2016–2026 (USD Billion)
5. North America One-off Chopsticks Market revenue, By Application, 2016–2026 (USD Billion)
6. U.S. One-off Chopsticks Market revenue, By Raw material,2016–2026 (USD Billion)
7. U.S. One-off Chopsticks Market revenue, By Application, 2016–2026 (USD Billion)
8. Rest of North America One-off Chopsticks Market revenue, By Raw material,2016–2026 (USD Billion)
9. Rest of North America One-off Chopsticks Market revenue, By Application, 2016–2026 (USD Billion)
10. Europe One-off Chopsticks Market revenue, By Raw material,2016–2026 (USD Billion)
11. Europe One-off Chopsticks Market revenue, By Application, 2016–2026 (USD Billion)
12. U.K. One-off Chopsticks Market revenue, By Raw material,2016–2026 (USD Billion)
13. U.K. One-off Chopsticks Market revenue, By Application, 2016–2026 (USD Billion)
14. France One-off Chopsticks Market revenue, By Raw material,2016–2026 (USD Billion)
15. France One-off Chopsticks Market revenue, By Application, 2016–2026 (USD Billion)
16. Germany One-off Chopsticks Market revenue, By Raw material,2016–2026 (USD Billion)
17. Germany One-off Chopsticks Market revenue, By Application, 2016–2026 (USD Billion)
18. Rest of Europe One-off Chopsticks revenue, By Raw material,2016–2026 (USD Billion)
19. Rest of Europe One-off Chopsticks revenue, By Application, 2016–2026 (USD Billion)
20. Asia Pacific One-off Chopsticks Market revenue, By Raw material,2016–2026 (USD Billion)
21. Asia Pacific One-off Chopsticks Market revenue, By Application, 2016–2026 (USD Billion)
22. China One-off Chopsticks Market revenue, By Raw material,2016–2026 (USD Billion)
23. China One-off Chopsticks revenue, By Application, 2016–2026 (USD Billion)
24. Japan One-off Chopsticks revenue, By Raw material,2016–2026 (USD Billion)
25. Japan One-off Chopsticks Market revenue, By Application, 2016–2026 (USD Billion)
26. India One-off Chopsticks Market revenue, By Raw material,2016–2026 (USD Billion)
27. India One-off Chopsticks Market revenue, By Application, 2016–2026 (USD Billion)
28. Rest of Asia Pacific One-off Chopsticks Market revenue, By Raw material,2016–2026 (USD Billion)
29. Rest of Asia Pacific One-off Chopsticks Market revenue, By Application, 2016–2026 (USD Billion)
30. Latin America One-off Chopsticks Market revenue, By Raw material,2016–2026 (USD Billion)
31. Latin America One-off Chopsticks Market revenue, By Application, 2016–2026 (USD Billion)
32. Brazil One-off Chopsticks Market revenue, By Raw material,2016–2026 (USD Billion)
33. Brazil One-off Chopsticks Market revenue, By Application, 2016–2026 (USD Billion)
34. Rest of Latin America One-off Chopsticks Market revenue, By Raw material,2016–2026 (USD Billion)
35. Rest of Latin America One-off Chopsticks Market revenue, By Application, 2016–2026 (USD Billion)
36. The Middle East and Africa One-off Chopsticks Market revenue, By Raw material,2016–2026 (USD Billion)
37. The Middle East and Africa One-off Chopsticks Market revenue, By Application, 2016–2026 (USD Billion)
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