Melamine is mainly used in the industries of wood processing, plastics, coatings, paper, textiles, leather, electrical, pharmaceutical etc. It has been very popular in Europe, North America, South America, Southeast Asia, Africa and other countries and regions.
Melamine products have been accepted by consumers around the world, and the demand for melamine tableware is growing. After the development in recent years, with the continuous improvement of the technical level of melamine molding powder industry, product quality is also continuously improved. The market size of the melamine tableware industry has also maintained a continuous upward trend.
However, COVID-19 has led to significant downtime worldwide. Many restaurants cannot be opened or even closed. The promotion of disposable cutlery led to a sharp decline in the market.
Figure1. Global Melamine Tableware Market Size, (US$ Million), 2015 VS 2020 VS 2026
As people stay at home or cook their own meals due to COVID-19, the market for melamine products used in residential buildings has grown significantly.
Today, Huafu Company will share with you the forecast data of the global melamine tableware market. From the data, we will see that the global melamine tableware market CAGR in 2015-2019 was 6.2% and is expected to reach 7.97% by the end of 2026 and will reach US$1135.77 million.
Figure2. Global Melamine Tableware Market Size 2015-2026 (US$ Million)
Therefore, as a practical necessity in people's daily life, the development of melamine tableware will show a trend of stable development.
As a raw material production expert specializing in the production of the melamine compound, Huafu Chemicals suggests that tableware manufacturers can make full preparations for the melamine tableware market next year. 100% purie melamine molding powder with qualified certification SGS& Intertek will be a good choice to help you remain invincible in the market.
Huafu Chemicals has been specialized in the melamine industry for more than 20 years, with Taiwan technology and working team, annual output up to 12,000 tons stable.
Post time: Sep-09-2020