Karat Packaging, Inc. manufactures and distributes disposable products for the restaurants and foodservice industry. The company is headquartered in Chino, California and currently employs 778 full-time employees. The company went IPO on 2019-10-16. The firm classifies its customers into four categories. Distributors include national and regional distributors across the United States that purchase its products and provide a channel to offer its products to restaurants, offices, schools, government entities and other end users. National and regional chains include typically fast casual and fast-food restaurants with locations across multiple states. Retail includes primarily regional bubble tea shops, boutique coffee shops and frozen yogurt shops that often purchase its specialty beverage ingredients and related items. E-commerce/Online includes small businesses, such as small restaurants, bubble tea shops, coffee shops, juice bars, smoothie shops and some customers who purchase for personal use.