The small "disposable tableware" has become a big deal on the market.
With the accelerated pace of life, changes in living habits and consumer culture, ordering takeout has become a part of the daily life of many consumers. In particular, the demand for convenient catering services from young consumer groups such as the "post-90s" and "post-00s" has promoted the takeout business. The booming development of disposable tableware has also promoted the rapid growth of the disposable tableware market.
Recently, disposable tableware manufacturer Ningbo Changya New Materials Technology Co., Ltd. (hereinafter referred to as "Changya Shares") updated its prospectus and responded to the review inquiry letter. The replies mainly included main business income, Issues such as suppliers and procurement, sales expenses and gross profit margin. This means that the company is one step closer to being officially listed. Behind this leading company in the segmented industry is a couple from Ningbo.
The prospectus shows that the company’s tableware, lunch boxes, straws, cups and plates and other products are used in domestic and foreign chain brand stores such as KFC, Burger King, and Haidilao.
Overseas sales accounted for 96.95%, and 80% of the revenue came from the US market.
The market size of disposable tableware is relatively large and it is widely used in daily scenarios such as catering, food packaging, household use, outdoor travel and public services. The products are fast-moving consumables and have a broad market space.
According to the prospectus, Changya Co., Ltd. is a leading enterprise in the domestic disposable tableware industry, specializing in the research, development, production and sales of plastic tableware, biodegradable tableware and paper tableware. They are fast-moving consumables and are widely used in daily scenarios such as catering, food packaging, household daily necessities, outdoor travel and public services.
Post time: Apr-28-2024
