According to the latest report by IMARC Group, titled “Paper Cups Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027,” the global paper cups market reached a volume of 260.2 Billion Units in 2021. Looking forward, IMARC Group expects the market to reach 280.8 Billion Units by 2027, exhibiting a CAGR of 1.27% during 2022-2027.
Paper cups refer to disposable cups used by individuals for serving food and beverages. They are coated with polyethylene, which helps increase durability and performance by preventing condensed moisture from soaking, spillage, or leakage. Nowadays, paper cups are gaining traction among the masses, especially the working population, due to their eco-friendly nature, cost-effectiveness, ease of handling, and enhanced convenience. Moreover, these cups are also utilized across commercial establishments, such as food joints, restaurants, cafes and educational institutions.
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Global Paper Cups Market Trends:
The market is primarily driven by the increasing environmental concerns among the masses. In addition, the growing focus on sustainable development has impelled individuals to use paper-based alternatives over plastic disposables. Besides this, governments of numerous countries are undertaking various initiatives to impose a ban on plastics and reduce carbon emissions. This, coupled with the rising product adoption in hotels, restaurants, and cafes (HoReCa) for dine-in serving and takeaway purposes, is positively influencing the market growth. Moreover, the emergence of online food delivery platforms, the inflating disposable incomes of individuals, and continuous product innovations are some of the other factors propelling the market growth.
Key Market Segmentation:
Breakup by Cup Type:
- Hot Paper Cups
- Cold Paper Cups
Breakup by Wall Type:
- Single Wall
- Double Wall
- Triple Wall
Breakup by Application:
- Tea and Coffee
- Chilled Food and Beverages
- Others
Breakup by End User:
- Coffee and Tea Shops
- QSR and Other Fast Food Shops
- Offices and Educational Institutions
- Residential Use
- Others
Breakup by Distribution Channel:
- Institutional Sales
- Retail Sales
Regional Insights:
- Asia-Pacific
- North America
- Europe
- South America
- Middle East and Africa
Competitive Landscape:
The global paper cups industry is highly fragmented with the presence of several small and large manufacturers competing in terms of price and quality. Some of the leading paper cup manufacturers are:
- Benders Paper Cups
- Huhtamaki
- International Paper
- Dart Container
- Go-Pak
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Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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