Global One-Off Chopsticks Market - 2022-2029

Global One-Off Chopsticks Market - 2022-2029

Market Overview

Chopsticks are pairs of equal length sticks used for eating and cooking purposes, across the globe. They are majorly used in the Asian countries and form a significant part of the day-to-day eating routines of Koreans, Chinese, Taiwanese, Japanese, and other Asians. The demand for disposable chopsticks made specifically of aspen is expected to rise, leading to a growth in the global market for one-off chopsticks. The rise in interest in Chinese, particularly among young people, is one of the major factors anticipated to propel the growth of the global market for one-off chopsticks. The expansion of the global market for one-off chopsticks is facilitated by the widespread use of chopsticks in Asian countries.

The global One-Off Chopsticks market was valued at USD YY million in 2021. It is forecasted to reach USD YY million by 2029, growing at a CAGR of 4.6% during the forecast period (2022-2029).

Market Dynamics: Growing popularity of Chinese cuisine across the world

The demand for one-off chopsticks is expected to rise in the coming years due to the demand for Chinese foods over the previous four to five years. In addition, Meituan-Dianping, China's largest on-demand service platform, reported over 600,000 Chinese restaurants worldwide. In addition to Chinese food, noodles and magi have also increased the demand for unique chopsticks. Noodles and magi are consumed by adults, young children, and senior citizens. As a result, the market for unique chopsticks has grown significantly worldwide. Businesses in the food sector are constantly aligning themselves with consumer opinion to establish themselves as key players in domestic and international markets.

The market for one-off chopsticks has seen new growth opportunities as producers and distributors concentrate on adjusting to changing consumer tastes. For instance, Japanese scientists have created computerized chopsticks that enhance salty tastes, which may be helpful for people who need to reduce their sodium intake. The chopsticks, created in collaboration with beverage manufacturer Kirin Holdings Co. (2503.T) and Meiji University professor Homei Miyashita, enhance flavors through electrical stimulation and a wristband-mounted minicomputer. The demand for high-quality products at competitive prices will be a barrier to market expansion in the upcoming years. Manufacturing of unique chopsticks must adapt to the shifting market conditions and factors.

Market Segmentation: Bamboo product type segment accounted for the highest share in the global one-off chopsticks market

Due to its advantages, including being less expensive, easily accessible, ready to split, heat-resistant, and odor- and taste-free, bamboo held a dominant market share in 2021. Because they are free of pesticides and other pollutants and are good for the environment, bamboo chopsticks are one of the most economical options for eating or cooking utensils. Bamboo is strong, flexible, and long-lasting. Additionally, the International Trade Centre reports that in 2021, China exported 291.75 million USD worth of bamboo chopsticks and sticks. 20 to 25 billion disposable chopsticks, or 200 pairs for every person, are used annually in Japan. Chopsticks made of bamboo are an environmentally friendly alternative to wooden ones because bamboo is a fast-growing, highly renewable resource. Both reusable and disposable bamboo chopsticks are available. Both varieties are lightweight and convenient to use.

Geographical Penetration: Asia Pacific is the dominating region during the forecast period.

In 2021, Asia-Pacific had a disproportionately large market share compared to its rivals. Sales of reusable chopsticks should rise as Chinese foods like noodles become more well-known. The region's high aspen supply and the expansion of industrial facilities are expected to increase the demand for reusable chopsticks. To discourage the use of disposable cutlery like chopsticks, local governments in China and other Asian countries would also impose restrictions on manufacturers. To protect its national forests, the Chinese government encourages its citizens to use reusable chopsticks, pressuring manufacturers to move the production of single-use chopsticks to North America.

Competitive Landscape:

The market for one-off chopsticks is fragmented due to numerous local and micro-local level manufacturers. Local producers are offering a variety of goods at low prices, escalating the level of competition in the market. Key market participants in the one-off chopsticks segment cater to end users with specialized needs. Dom Agri Products and Nanchang Sanyou Industrial Co. are two of the major players in this market. Ltd., Bamboo Forever Co., Ltd., Nine Zero Trade & Development Limited, Pacific East Company, and Ngoc Chau Enterprise Pte (Panda). In April 2021, Consumer co-ops in the Tohoku region, Japan have started selling disposable chopsticks through their co-op store in January 2020. This is a new product of the ""Cocon-Tohoku"" a brand that aims to support the recovery from the Great East Japan Earthquake and promote the regional economy in the Tohoku region. It contains 51% scallop shell powder from Aomori Prefecture. The product is eco-friendly ""washable and reusable"" chopsticks as an alternative to wooden disposable ones.

COVID-19 Impact: Positive impact on the global one-off chopsticks market

Following the pandemic, the market is expected to grow due to an increase in demand for wrapped disposable one-off chopsticks solutions due to the health and hygiene risks generally associated with distributed cutlery. Aside from that, manufacturers are including disposable chopsticks in dispensers to aid in the efficient dispensing of one-off chopsticks. Eco-Products, a Novolex Company, launched a range of biodegradable cutlery in 2019 as well as a revolutionary dispenser that gives clients one one-off chopsticks at a time. Also, The Linden Portable Cutlery Set, a new eco-friendly cutlery set, will be released on November 27, 2020. A fork, knife, two spoons of various sizes, a pair of chopsticks, and two spoons are included. This handy package comes with everything needed to eat practically any meal outside of the house. These advances point to a bright future for the economy.

The global one-off chopsticks market report would provide access to approximately 61 market data tables, 55 figures and 170 pages.