Paper Cups Market Impelled by Flourishing Beverage Industry

As per the latest report by IMARC Group, titled “Paper Cups Market in Europe: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the paper cups market in Europe reached a volume of 56.73 Billion Units in 2021. Paper cups are made up of food grade paper and are coated or lined with wax or plastic to prevent the liquid from soaking through or leaking out of the cup. These cups are user-friendly, light-weight, non-toxic and recyclable in nature. As a result, they are widely utilized across cafes, canteens, offices, schools, colleges, hospitals and restaurants for serving food and beverage items such as tea, coffee, soups and instant noodles.

Market Trends:

The thriving beverage industry is a key factor driving the market growth. Owing to factors such as increasing working population along with their hectic lifestyle, high disposable incomes and changing dietary patterns, there has been a significant rise in the takeaway coffee culture across the continent. This, along with the escalating sales of drinks including milkshakes and iced tea, is boosting the demand for paper cups. Several international coffee chains are expanding their business by opening outlets across Europe which, in turn, is driving the demand for paper cups in this region. Moreover, the potential risk of being exposed to germs through the usage of reusable cups coupled with the environmental threat posed by the use of plastic cups have led the consumers to make a shift toward sustainable use-and-throw cups, thereby augmenting the sales of paper cups across the continent. Furthermore, the declaration of a complete ban on single-use plastic cups by 2030 by the European Commission is another major growth-inducing factor for the market. On account of the aforementioned factors, the European paper cups market size is anticipated to grow at a CAGR of 2.07% during 2022-2027, reaching a volume of 64.72 Billion Units by 2027.

Market Summary:

• Based on the cup type, the market has been bifurcated into hot and cold paper cups. Amongst these, hot paper cups represent the most popular segment.
• On the basis of the wall type, the market has been classified into single wall, double wall and triple wall paper cups. At present, single wall paper cups exhibit a clear dominance in the market.
• Based on the application, the tea and coffee segment accounts for majority of the market share. Other major segments include chilled food and beverages, and other food and beverages.
• On the basis of the end user, the market has been segmented into coffee and tea shops, QSR and other fast food shops, offices and educational institutions, residential use and others.
• Based on the distribution channel, the market has been segregated into retail and institutional sales.
• On the geographical front, the market has been categorized into Germany, France, United Kingdom, Italy, Spain, Russia and Others.
• The competitive landscape of the market has also been analyzed in the report with the detailed profiles of the key players operating in the market.

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