The latest report by IMARC Group, titled “Paper Cups Market in Europe: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, evaluates that the European paper cups market reached a volume of around 57 Billion Units in 2017. Paper cups are a type of disposable cups which are widely used in hospitals, schools and offices for consuming foods and beverages like instant noodles, soups, tea and coffee. These cups are made up of food grade paper and are coated or lined with wax or plastic so as to prevent any leakage or spoilage. The liquid resistant property of paper cups is one of the chief reasons for their popularity across Europe. Apart from this, paper cups are user-friendly, light-weight, non-toxic and recyclable. At present, Europe is the third-largest market for paper cups after Asia Pacific and North America.
The popularity of the on-the-go coffee culture is increasing day-by-day, especially in the countries of Western Europe, owing to the hectic lifestyle led by the working population. This trend has given a boost to the growth of the paper cups market in the region. Additionally, rising concerns about cleanliness and sanitation have resulted in a decline in the consumption of reusable cups which, in turn, has propelled the demand for use-and-throw paper cups. Further, consumers favor paper cups over plastic cups due to the growing awareness about the environmental risks posed by plastic products. The bio-degradable nature coupled with the easy availability of paper cups is further bolstering the growth of the industry across Europe. Due to these factors, the market is anticipated to register a CAGR of more than 1% during 2018-2023, reaching a volume of nearly 61 Billion Units by 2023.
- Based on cup type, the market has been bifurcated into hot paper cups and cold paper cups. Currently, hot paper cups hold the largest share of the European paper cups market.
- On the basis of wall type, the market has been segmented into single wall paper cups and double wall paper cups. Amongst these, single wall paper cups account for the majority of the total market share.
- Based on applications, paper cups are majorly used for tea and coffee, holding the dominant share. Other application segments of paper cups include chilled food and beverages, and other food and beverages.
- On a geographical front, Western Europe is the biggest market of paper cups, exhibiting a clear dominance in the market. Other regions include Southern Europe, Northern Europe and Eastern Europe.
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