Analysis of One-off Chopsticks market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Chopsticks are among the oldest forms of cutleries used to eat Chinese cuisines and have been witnessing traction as a tool to show the stylish and aesthetic sensibilities of individuals. One-off chopsticks are composed of different kinds of materials and hues as they portray distinctive implications.
Shifting consumer interest towards Chinese cuisine, especially among children has been driving the demand for different forms of cutlery, such as one-off chopsticks. Numerous benefits associated with using one-off chopsticks to eat food continue to create lucrative opportunities for the stakeholders.
One-off chopsticks force individuals to eat slowly and deliberately by taking smaller mouthfuls of food, and prompt resting in between bites that gives the stomach adequate time to tell the brain that it is getting full. Such benefits of using these this traditional cutlery to eat meals especially in today’s fitness- and the diet-conscious world are likely to fuel growth in the one-off chopsticks market.
Growing environment-concerns coupled with the rising trend of using throwaway cutlery is driving manufacturers and companies to create greener one-off chopsticks. However, wood-based one-off chopsticks add considerably to the deforestation due to which manufacturers continue to struggle in finding biodegradable-raw material that complies with the existing environmental regulations.
Manufacturers in the one-off chopsticks market are focusing on developing unbreakable yet stylish one-off chopsticks to curb the practice of tossing chopsticks after one use. Reusing environment-harming cutlery, especially in Chinese restaurants, is anticipated to become a significant trend in the one-off chopsticks market in the forthcoming years. These factors are likely to underpin steady changes in the one-off chopsticks market.
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One-off chopsticks are used as a traditional way of eating food in many countries. This tradition has being practiced since ancient times and holds and form an integral part of kitchen utensils and tableware. It is also used to stir and mix food while cooking. Consumption of fast food among children and youth directly affects the demand of one off chopsticks in food joints and restaurant thus, increasing the global demand for one-off chopstick market.
Chopsticks are one of the oldest forms of cutleries used for eating Chinese cuisines. Therefore their demand in Asian countries is the highest. However, the spread of the cuisine across the globe and its increased popularity have led to the spread of chopsticks all around the world. With people adopting this style of eating in different regions in the world, demand for chopstick is likely to experience a steady rise in the near future.
The market is also driven due to the rising demand for chopsticks from hobbyists who want to learn the art of eating food with chopsticks. The trend of fast food has spread across globe with higher chance of chopsticks being utilized with fast foods.
Since past several years, chopsticks are being used for eating purposes in East Asia. Chopsticks were initially used in China and later the trend of using chopsticks spread across other Asian countries such as Vietnam, Japan, Singapore, Korea, Malaysia and Laos. One-off chopsticks are pair of chopsticks that are joined at one end with a view to facilitate ease and convenience while eating. One-off chopsticks are made of wood, bamboo, stainless steel or even plastic. There is a typical method to use one-off chopsticks. They are held in the dominant hand and with the help of thumb and other fingers they are used to pick up food, usually noodles.
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Increasing need for throwaway chopsticks, especially made of aspen is anticipated to boost the one-off chopsticks market growth. Increasing interest in Chinese, especially among kids is also one of the important aspects fuelling the growth of the one-off chopsticks market. Chopsticks are used in many Asian countries, which is creating a positive impact on the growth of the one-off chopsticks market.
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The factors restraining the growth of the one-off chopsticks market include government’s regulation against de-forestation.
Asia-pacific region is expected to capture a large revenue share in the one-off chopsticks market owing to increasing use of one-off chopsticks in this region coupled with increasing number of key players involved in the manufacturing of one-off chopsticks in the Asian countries. However, North America region is forecasted to be the fastest growing market in the coming years. Local government in China has restricted the use of throwaway utensils such as chopsticks, which is compelling the manufacturers to shift to North America region for the production of one-off chopsticks.
Due to presence of various local and micro-local level manufacturers, the one-off chopsticks market is fragmented. Local manufacturers are providing several products at a cheap price thus increasing the intensity of competition within the industry. Key players in one-off chopsticks market are looking after end-users with customized requirements. Some of the key players functioning in this market are Dom Agri Products, Nanchang Sanyou Industrial Co. Ltd., Pacific East Company, and Ngoc Chau Enterprise Pte., Bamboo Forever Co., Ltd., and Nine Zero Trade & Development Limited (Panda).
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The one-off chopsticks market is likely to record a CAGR of 7.9% during the forecast period.
The one-off chopsticks market has high growth potential due to shifting consumer interest toward Chinese cuisines.
The manufacturers of the one-off chopsticks industry are likely to find the most opportunities in the Asia Pacific region.
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