Plastic Cutlery Market Demand Embellished from Fast Food Service Industry: Expected to Reach at a US$ 1.9 Billion by 2034, with a CAGR of 2.80% | Future Market Insights Inc. [Yahoo! Financ...
Karat Packaging Inc. (KRT)
Company Research
Source: Yahoo! Finance
Development of quick service restaurants such as Applebee's, Chili's, Outback Steakhouse, and TGI Fridays is impacting sales of plastic cutlery in the United States. NEWARK, Del, April 02, 2024 (GLOBE NEWSWIRE) -- The global plastic cutlery market is expected to develop a CAGR of from 2024 to 2034, according to Future Market Insights. The market is projected to increase from US$ 1.5 billion in 2024 to US$ 1.9 billion by 2034, owing to the emergent competition and the introduction of new players offering affordable options to meet consumer demand. The demand for plastic cutlery is rising due to its cost-effectiveness, durability, and convenience, making it a popular choice in restaurants, catering, and fast-food businesses. Single-use plastic cutlery, in particular, is gaining popularity due to its flexibility, eco-friendliness, and cost-effectiveness. Manufacturers offer a wide range of disposable options, including forks, spoons , and knives. The demand for plastic cutlery has gr
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KRT
News
- Karat Packaging to Report 2024 First Quarter Financial Results and Host Conference Call on Thursday, May 9, 2024 [Yahoo! Finance]Yahoo! Finance
- Karat Packaging to Report 2024 First Quarter Financial Results and Host Conference Call on Thursday, May 9, 2024GlobeNewswire
- What Is Karat Packaging Inc.'s (NASDAQ:KRT) Share Price Doing? [Yahoo! Finance]Yahoo! Finance
- Karat Packaging Inc. (NASDAQ: KRT) had its "buy" rating re-affirmed by analysts at Stifel Nicolaus. They now have a $32.00 price target on the stock, up previously from $30.00.MarketBeat
- Karat Packaging Inc. (NASDAQ: KRT) had its price target raised by analysts at Truist Financial Co. from $24.00 to $33.00. They now have a "buy" rating on the stock.MarketBeat
KRT
Earnings
- 3/14/24 - Miss
KRT
Sec Filings
- 4/26/24 - Form ARS
- 4/26/24 - Form DEF
- 3/15/24 - Form 10-K
- KRT's page on the SEC website