The global Paper Cups market reached a volume of about USD 267.47 billion in 2021. The industry is projected to grow at a CAGR of around 1.7% in the forecast period of 2022-2027 to reach a volume of about USD 295.94 billion by 2027.
The global Paper Cups industry report gives a comprehensive analysis of the industry, including key segments, trends, drivers, restraints, the competitive landscape, and other essential market aspects. The extensive product application in the food and beverage industry is driving the market growth. The Asia Pacific is the highest category spender by region, driving the Paper Cups industry demand.
The cardboard used to make the paper cups makes them disposable. It is frequently coated with plastic or wax to increase its strength and effectiveness by keeping the liquid from escaping or soaking through the paper. Paper cups are disposable cups that include a synthetic or bioplastic polymer lining or coating to keep fluid from seeping through the paper. Paper cups are frequently used as containers for hot and cold beverages, including yoghurt, ice cream, iced tea, coffee, soft drinks, and tea with ice. The Paper Cups industry report comprises segments by Type (Paper Cups, Polystyrene Foam, Plastic Cups, Hot Paper Cups, and Cold Paper Cups), Wall Type (Single Walled Cups, Double Walled Cups), Application (Tea and Coffee, Food and Beverage, and Others) and Region (North America, Europe, Asia Pacific, the Middle East, and Africa, and South America).
The Asia Pacific holds a significant share in the industry as the population in the region is growing steadily, which increases the demand for various food and beverage goods. Additionally, the region's use of paper cups is benefiting from the rising use of hot beverages like tea and coffee. Other factors, including an increase in the urban population, shifting food consumption patterns, rising disposable income, and the development of several foreign food chain restaurants and shops, further aid the market's expansion.
The industry is propelling owing to the use of paper cups as a container for cold food and beverages. Due to their properties like saving time and effort, disposable, light, and convenient for food and beverages are gaining traction furthering the market's expansion. These biodegradable cups are preferred over throwaway containers made of non-biodegradable materials like plastic by consumers who are growing more ecologically concerned, thus resulting in increased demand. Other crucial factors, including rising living standards and raising concerns about sanitation and hygiene, further boost the market growth. Also, the ever-increasing government initiatives to encourage the recycling of paper cups will likely impact the industry positively.
However, cheaper alternatives like plastic cups will likely hinder market growth
The global Paper Cups industry report by Procurement Resource gives an in-depth analysis of the best buying practices followed by major global Paper Cups regions, such as engagement models, contract terms, and buyer and supplier negotiation levers.
The reels made from the foodservice paperboard are printed, measured, and cut into cup sidewall blanks. The blanks are placed inside cup-forming equipment, which wraps them into the shape of cups and adds the bottom. Heat is applied to the cup seams to make them liquid-proof. The machine cuts the cups to give them their final, rounded form.
The industry is being aided by the significant increase in the spread of meal delivery services due to the clients' busy schedules and stressful lifestyles. In addition, an increase in online meal ordering and home delivery services are augmenting the industry's development. The growing popularity of organic paper cups due to rising consumer awareness of environmental, health, and hygiene problems is bolstering the market demand. Furthermore, the industry is expected to be supported by increasing urban and semi-urban demand for quick-service restaurants (QSRs) and a lack of water for washing utensils.
The regional markets for the industry can be divided into North America, South America, Europe, the Middle East and Africa, and the Asia Pacific.
There are many minor and significant producers vying for customers in the worldwide paper cup market, which is highly fragmented in terms of both price and quality. In contrast to developing nations, the market in industrialised countries is still highly concentrated. Additionally, the market includes small-to-midsized firms that mainly cater to local clients and have a narrow variety of items. These competitors stand out for having a wide range of products and an extensive distribution network. They have a substantial market share and cater to clients worldwide. Many industry participants are implementing tactics like creative and environmentally friendly product releases to solidify their positions and increase revenue growth.
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
7 Industry Opportunities and Challenges
8 Global Disposable Cups Market Analysis
8.1 Key Industry Highlights
8.2 Global Disposable Cups Historical Market (2017-2021)
8.3 Global Disposable Cups Market Forecast (2022-2027)
8.4 Global Disposable Cups Market by Type
8.4.1 Paper Cups
220.127.116.11 Market Share
18.104.22.168 Historical Trend (2017-2021)
22.214.171.124 Forecast Trend (2022-2027)
8.4.2 Polystyrene Foam
126.96.36.199 Market Share
188.8.131.52 Historical Trend (2017-2021)
184.108.40.206 Forecast Trend (2022-2027)
8.4.3 Plastic Cups
220.127.116.11 Market Share
18.104.22.168 Historical Trend (2017-2021)
22.214.171.124 Forecast Trend (2022-2027)
9 Global Paper Cups Market Analysis
9.1 Key Industry Highlights
9.2 Global Paper Cups Historical Market (2017-2021)
9.3 Global Paper Cups Market Forecast (2022-2027)
9.4 Global Paper Cups Market by Type
9.4.1 Hot Paper Cups
126.96.36.199 Market Share
188.8.131.52 Historical Trend (2017-2021)
184.108.40.206 Forecast Trend (2022-2027)
9.4.2 Cold Paper Cups
220.127.116.11 Market Share
18.104.22.168 Historical Trend (2017-2021)
22.214.171.124 Forecast Trend (2022-2027)
9.5 Global Paper Cups Market by Wall Type
9.5.1 Single Walled Cups
126.96.36.199 Market Share
188.8.131.52 Historical Trend (2017-2021)
184.108.40.206 Forecast Trend (2022-2027)
9.5.2 Double Walled Cups
220.127.116.11 Market Share
18.104.22.168 Historical Trend (2017-2021)
22.214.171.124 Forecast Trend (2022-2027)
9.6 Global Paper Cups Market by Application
9.6.1 Tea and Coffee
126.96.36.199 Market Share
188.8.131.52 Historical Trend (2017-2021)
184.108.40.206 Forecast Trend (2022-2027)
9.6.2 Food and Beverage
220.127.116.11 Market Share
18.104.22.168 Historical Trend (2017-2021)
22.214.171.124 Forecast Trend (2022-2027)
9.7 Global Paper Cups Market by Region
9.7.1 Market Share
126.96.36.199 North America
188.8.131.52 Asia Pacific
184.108.40.206 Latin America
220.127.116.11 Middle East and Africa
10 Regional Analysis
10.1 North America
10.1.1 Historical Trend (2017-2021)
10.1.2 Forecast Trend (2022-2027)
10.1.3 Breakup by Country
10.1.3.1 United States of America
10.2.1 Historical Trend (2017-2021)
10.2.2 Forecast Trend (2022-2027)
10.2.3 Breakup by Country
10.2.3.1 United Kingdom
10.3 Asia Pacific
10.3.1 Historical Trend (2017-2021)
10.3.2 Forecast Trend (2022-2027)
10.3.3 Breakup by Country
10.4 Latin America
10.4.1 Historical Trend (2017-2021)
10.4.2 Forecast Trend (2022-2027)
10.4.3 Breakup by Country
10.5 Middle East and Africa
10.5.1 Historical Trend (2017-2021)
10.5.2 Forecast Trend (2022-2027)
10.5.3 Breakup by Country
10.5.3.1 Saudi Arabia
10.5.3.2 United Arab Emirates
10.5.3.4 South Africa
11 Market Dynamics
11.1 SWOT Analysis
11.2 Porter’s Five Forces Analysis
11.2.1 Supplier’s Power
11.2.2 Buyer’s Power
11.2.3 Threat of New Entrants
11.2.4 Degree of Rivalry
11.2.5 Threat of Substitutes
11.3 Key Indicators for Demand
11.4 Key Indicators for Price
12 Value Chain Analysis
13 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 F Bender Limited
18.104.22.168 Company Overview
22.214.171.124 Product Portfolio
126.96.36.199 Demographic Reach and Achievements
13.2.2 Huhtamäki Oyj
188.8.131.52 Company Overview
184.108.40.206 Product Portfolio
220.127.116.11 Demographic Reach and Achievements
13.2.3 Dart Container Corporation
18.104.22.168 Company Overview
22.214.171.124 Product Portfolio
126.96.36.199 Demographic Reach and Achievements
13.2.4 Graphic Packaging International, LLC
188.8.131.52 Company Overview
184.108.40.206 Product Portfolio
220.127.116.11 Demographic Reach and Achievements
18.104.22.168 Company Overview
22.214.171.124 Product Portfolio
126.96.36.199 Demographic Reach and Achievements
13.2.6 Go-Pak UK LTD
188.8.131.52 Company Overview
184.108.40.206 Product Portfolio
220.127.116.11 Demographic Reach and Achievements
14 Industry Events and Developments
Additional Customisations Available
1 Manufacturing Process
1.2 Detailed Process Flow
1.3 Operation Involved
2 Project Requirement and Cost Analysis
2.1 Land, Location and Site Development
2.3 Plant Machinery
2.4 Cost of Raw Material
2.9 Other Capital Investment
The global Paper Cups market size was volumed at 267.47 billion in 2021.
In the forecast period of 2022-2027, the market is projected to grow at a CAGR of 1.7%.
The significant demand for sustainable products is one of the essential drivers of the Paper Cups market growth.
F Bender Limited, Huhtamäki Oyj, Dart Container Corporation, Graphic Packaging International, LLC, Dixie, Go-Pak UK LTD, and others are some of the key companies in the market.
The Asia Pacific region of the Paper Cups industry holds a significant share in the market.
The global Paper Cups market attained a volume of USD 267.47 billion in 2021, driven by paper cups as a container for cold food and beverages. Other crucial factors, including growing living standards and increased concerns about sanitation and hygiene, further boost the market growth. Aided by the significant increase in the spread of meal delivery services, an increase in online meal ordering and home delivery services, the growing popularity of organic paper cups due to rising consumer awareness of environmental, health, and hygiene problems and rising urban and semi-urban demand for quick-service restaurants (QSRs) the market is expected to witness further growth in the forecast period of 2022-2027, growing at a CAGR of 1.7%. The market is projected to reach USD 295.94 billion by 2027. Some of the leading players in the industry are F Bender Limited, Huhtamäki Oyj, Dart Container Corporation, Graphic Packaging International, LLC, Dixie, Go-Pak UK LTD, and Others.
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