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COVID-19
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Market Overview:
The US paper cups and paper plates market reached a value of US$ 20 Billion in 2020. Looking forward, IMARC Group expects the market to reach a value of US$ 22.1 Billion by 2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Paper cups and plates are eco-friendly and leak-proof disposables that are made out of recycled paper. These disposables are lined with wax or plastic, which prevent leaking or soaking of liquid through the paper, thus improving the durability of the cups and plates. Widely available in a variety of sizes and shapes, they are extremely lightweight, convenient to use and carry, recyclable and safer to use as compared to plastic or Styrofoam variants. They are extensively utilized for serving food and beverages, including tea, coffee, soft drinks, instant noodles, pastries, cutlets and sweet corn across both commercial and institutional establishments, such as cafes, canteens, schools, offices, bakeries, hospitals and other commercial spaces.
The market for paper cups and plates in the US is primarily driven by the well-established food and beverage industry in the country. Characterized by a hectic lifestyle of the majority of its population, the US stands as a witness to a steadily increasing fast food consumption. In line with this, the on-the-go coffee culture has led to the expansion of prominent coffee shops, which has provided a boost to the sales of paper cups and plates for serving and packing beverages and snacks. Moreover, the growing consciousness among consumers regarding the importance of hygiene and sanitation has impelled them to replace reusable utensils with disposables, thereby providing a thrust to the market growth. Furthermore, numerous eminent brands, such as Starbucks, are now replacing plastic packaging with paper cups and plates, owing to the enhanced focus towards sustainable development. Several market players are also introducing 100% recyclable, biodegradable or compostable paper disposables made with fiber-based raw materials.
IMARC Group provides an analysis of the key trends in each sub-segment of the US paper cups and paper plates market, along with forecasts at the period 2021-2026. Our report has categorized the market based on product type and wall type.
US Paper Cups Market:
Breakup by Product Type:
The market is dominated by hot paper cups, followed by cold paper cups.
Breakup by Wall Type:
Single wall represents the largest wall type in the market, followed by double wall.
US Paper Plates Market:
Breakup by Product Type:
The market is dominated by heavy-duty paper plates, followed by medium-duty paper plates.
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
The US paper cups and paper plates market was valued at US$ 20 Billion in 2020.
The rising on-the-go consumption of food and beverages based on hectic work schedules and sedentary lifestyles of the consumers is primarily catalyzing the US paper cups and paper plates market.
In the US, sudden outbreak of the COVID-19 pandemic has led to an increasing utilization of disposable paper cups and paper plates across numerous food service channels for reducing the risk of coronavirus infection through reusable cutlery.
Based on the product type, the US paper cups market can be segmented into hot paper cups and cold paper cups. Currently, hot paper cups hold the majority of the total market share.
Based on the product type, the US paper plates market has been segregated into heavy-duty and medium-duty, where heavy-duty paper plates currently represent the largest segment.
Based on the wall type, the US paper cups market can be categorized into single wall and double wall. Currently, single walled paper cups exhibit a clear dominance in the market.
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