Get the latest insights on price movement and trend analysis of Paper Cups in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Paper Cups Price Trend for H2 of 2022
The worldwide commerce of goods related to forests has been negatively impacted by the current economic and political dynamics. The price of pulp and consequently, products related to paper, reached previously unheard-of heights as a result of double-digit inflation, rising operating costs, and the approaching prospect of a recession.
Paper cups' costs increased along with a rise in demand as a result of India's impending ban on single-use plastics. Paper cups are 50% more expensive than single-use plastic cups. At the beginning of the third quarter, the prices saw an exponential rise. As a result, throughout the aforementioned time, the price trends for paper cups remained on the stronger side of the scale.
Given the current market dynamics the prices of paper cups are expected to increase in the coming months. The rise in demand for paper cups in the market is the major driver of the prices.
For the First Half of 2022
With the current economic and political dynamics, the international trade of forest-related products has been affected adversely. The double-digit inflation amid the surging operating costs and the looming threat of recession caused the pulp prices and thus, paper-related products to reach unprecedented highs. The prices of hardwood pulp averaged 6986 RMB/MT (April) in the Chinese domestic market.
With the upcoming single-use plastic ban in India, the prices of paper cups shot up with an increase in demand. The price of paper cups is 50% costlier than single-use plastic cups. One pack of 50 paper cups which cost 120 INR at the beginning of June surged to 150 INR at the end of the month. Hence, the price trends of paper cups remained on the stronger side of the scale throughout the said period.
Procurement Resource provides latest prices of Paper Cups. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
Paper cups are disposable cups made of paper, often coated with wax to prevent the water from leaking. Paper cups are primarily designed for single use and disposal as very little recycled paper is used to make paper cups because of strict health guidelines and contamination concerns. Since most paper cups are coated with polyethene, separating the coating is difficult during the recycling process. Only a few dedicated facilities can do so; hence, a major portion of paper cups are taken to landfills or incinerated.
|Product Name||Paper Cups|
|Industrial Uses||Food and Beverages|
|Supplier Database||Dart Container Corporation, Pactiv LLC, Letica Corporation, Georgia-Pacific LLC|
|Region/Countries Covered||Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
North America: United States and Canada
Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
|Currency||US$ (Data can also be provided in local currency)|
|Supplier Database Availability||Yes|
|Customization Scope||The report can be customized as per the requirements of the customer|
|Post-Sale Analyst Support||360-degree analyst support after report delivery|
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
The food-grade paperboard is turned into reels, printed, and cut into cup sidewall blanks, also called cup boards. These blanks or boards are inserted into the cup-forming machines, and the seams are heated to make the cups liquid-proof.
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
Procurement Resource is a one-stop solution for businesses aiming at the best industry insights and market evaluation in the arena of procurement. Our team of market leaders covers all the facets of procurement strategies with its holistic industry reports, extensive production cost and pre-feasibility insights, and price trends dynamics impacting the cost trajectories of the plethora of products encompassing various industries. With the best analysis of the market trends and comprehensive consulting in light of the best strategic footstep, Procurement Resource got all that it takes.
Procurement Resource has made a mark for itself in terms of its rigorous assistance to its clientele. Our experienced panel of experts leave no stone unturned in ensuring the expertise at every step of our clients' strategic procurement journey. Our prompt assistance, prudential analysis, and pragmatic tactics considering the best procurement move for industries are all that sets us apart. We at Procurement Resource value our clients, which our clients vouch for.
Expertise, judiciousness, and expedience are the crucial aspects of our modus operandi at Procurement Resource. Quality is non-negotiable, and we don't compromise on that. Our best-in-class solutions, elaborative consulting substantiated by exhaustive evaluation, and fool-proof reports have led us to come this far, making us the ‘numero uno' in the domain of procurement. Be it exclusive qualitative research or assiduous quantitative research methodologies, our high quality of work is what our clients swear by.