Biodegradable cutlery has emerged as a far better alternative to plastics across the world and Indians are early adopters of biodegradable products. all types of plant biomass material such as biogases, rice husk, coconut coir etc. are being utilized for producing eco-friendly cutlery, tableware and packaging products that would see a surge in usage within the coming decade.
Rice husk may be a surprisingly strong material which will withstand significant wear and tear and features a long life. Rice husk tableware is one in every of the foremost durable sorts of biodegradable cutlery which will withstand temperatures of quite 100oC without getting damaged. This reusable tableware features a smooth glossy covering that's 100% natural and derived from the wax present in rice husks. The worldwide biodegradable cutlery market size was accounted for USD 33.9 million, in 2018 and is projected to grow at a major rate of CAGR of 5.9% during the forecast period, 2019 to 2025. The growing awareness about hazardous impacts of non-biodegradable waste is expected to positively affect the market growth. the Govt has formed strict regulations for banning non-biodegradable plastic. Supportive government initiatives alongside growing consumer awareness about side effects of non-biodegradables are projected to spice up the market growth.
Furthermore, increasing demand for eco-friendly products such as cups and plates across the hotels and restaurants is contributing to market growth. Eco-friendly cutlery provides more convenience include cups, plates that can be carried while vacations, family outings. However, the biodegradable item such as spoons and cups costs higher than traditional cutlery. Moreover, during the process of manufacturing biodegradable plastics greenhouse gases are released which affects the environment. This factor may restrain the market growth. Thus, due to demand it is best to invest in this project.