The global paper cups market reached a volume of 244.7 Billion Units in 2020. Paper cups are a type of disposable cups used for consuming food and beverages such as tea, coffee, soft drinks, and soups. These cups are coated with polyethylene, the most common plastic resin, which helps to increase their durability and performance by preventing the condensed moisture from soaking in and retaining flavour. With their hectic lifestyles and busy schedules, consumers nowadays utilize paper cups to save time and effort as these cups do not require cleaning and can be easily discarded after use. The demand for paper cups has also been influenced by the rising trend of takeaway services and ready-to-eat food across the globe.
Global Paper Cups Market Drivers/Constraints:
The environmental damage caused by plastic cups has led various organizations to encourage the utilization of paper cups due to their eco-friendly nature, which has created a positive impact on the global paper cups market. Moreover, on account of increasing awareness about cleanliness and hygiene, consumers consider disposable paper cups to be safer than reusable cups, as they are exposed to high heat during the manufacturing process which kills bacteria and renders the product practically sterile. However, the availability of cheaper substitutes, such as plastic, Styrofoam and glass cups, pose a major threat to the sales of paper cups across the globe. Looking forward, IMARC Group expects the global paper cups market to exhibit moderate growth during the next five years.
IMARC Group provides an analysis of the key trends in each sub-segment of the global paper cups market report, along with forecasts for growth at the global, regional and country-level from 2021-2026. Our report has categorized the market based on region, cup type, wall type, application, end-users, and distribution channel.
Region-wise, Asia Pacific enjoys the leading position in the global paper cups market owing to the increasing health consciousness among consumers which has created a huge demand for paper cups in hospitals, schools and railway stations.
Breakup by Cup Type:
Amongst these, paper cups for hot beverages represent the most popular product type, owing to the continuous rise in the on-the-go consumption of tea and coffee.
Breakup by Wall Type:
Currently, single-wall paper cups dominate the market, accounting for the majority of the market share.
Breakup by Application:
Currently, tea and coffee segment represents the largest application segment. Paper cups are widely utilized to dispense tea and coffee in various cafes and shops as well as in institutional and commercial spaces.
Breakup by End User:
Breakup by Distribution Channel:
Currently, institutional sales represent the largest distribution channel.
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:
This report provides a deep insight into the global 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 entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the global paper cups industry in any manner.
Key Questions Answered in This Report:
The global paper cups market size was 244.7 Billion Units in 2020.
According to the estimates by IMARC Group, the global paper cups market is expected to exhibit moderate growth during the next five years.
With the rising environmental concerns, governments of several countries have banned the usage of single-use plastic disposables. Moreover, numerous organizations are undertaking initiatives to accelerate the recycling rates of plastic-lined paper cups, which is strengthening the market growth.
The growing trend of on-the-go coffee culture, increasing takeaway services and rising consumption of ready-to-eat (RTE) beverages are among the key factors bolstering the market growth.
The spread of the coronavirus disease (COVID-19) and the growing concern of food safety have escalated the demand for single-use, disposable items, such as paper cups, for serving food and beverages across offices, schools, bakeries, cafes and hospitals.
Based on the cup type, the market has been bifurcated into cold and hot paper cups.
On the basis of the wall type, the market is classified into single, double and triple walled paper cups.
The market has been analyzed on the basis of the application into tea and coffee, chilled food and beverages, and other food and beverages.
Based on the end-user, the market has been divided into coffee and tea shops, QSR and other fast food shops, offices and educational institutions, residential use, and others.
On the basis of the distribution channel, the market has been categorized into institutional and retail sales.
Region-wise, the market has been segmented into Asia Pacific, North America, Europe, South America, and Middle East and Africa.
Leading industry players are F Bender Limited, Huhtamäki Oyj, International Paper Company, Dart Container Corporation and Go-Pak Group.
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