The North America paper cups market reached a volume of 63 Billion Units in 2018. A paper cup is a disposable cup which is generally coated with wax or plastic to prevent liquid from leaking out or soaking through the paper. It is exposed to high heat during the manufacturing process for killing harmful bacteria and making it sterile. On account of hectic lifestyles and long working hours, consumers are shifting towards paper cups as they save their time. This, along with the rising trend of takeaway services, is catalyzing the demand for paper cups in North America.
The North America paper cups market is currently being driven by several factors. The rising environmental concerns have replaced the non-biodegradable plastic cups with the paper cups across the region. Consequently, the overall sales of paper cups are increasing in the region. Moreover, the escalating health awareness among consumers has stimulated the utilization of paper cups as a hygienic reusable option than their counterparts such as plastic and foam. Looking forward, the market is expected to witness a stable growth during 2019-2024.
IMARC Group’s latest report provides a deep insight into the North America paper cups market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the North America paper cups market in any manner.
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