A paper cup is a disposable cup made of paper, often lined with wax or plastic, to keep liquids from leaking. These cups are widely used around the world. Paper cups are also often made from recycled paper. The environmental impact of these cups is less than those of other types of cups, and they are also an environmentally friendly option. Paper cups became more popular after the Spanish flu epidemic of 1918, which killed fifty-to-one million people.
Market Dynamics:
The growth of paper cups market size can be attributed to the growing environmental awareness. Several countries around the world are implementing initiatives to reduce plastic waste and promote sustainable eating. For instance, countries like the U.S. and France have banned the use of single-use plastic cups. Also, increasing number of quick service restaurants and cafes is again expected to foster market growth. Moreover, rising popularity of take-away services in the food and beverage sector is further projected to augment market growth.
On the other hand, concern associated with the recyclability of paper cups as they have plastic coatings is expected to hamper the market growth.
Key features of the study:
- This report provides in-depth analysis of the global paper cups market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2022-2030), considering 2021 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global paper cups market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Graphic Packaging International, Dart Container Corporation, Konie Cups International Inc., Huhtamaki OYJ, Kap Cones Private Limited, Eco-products Inc. (Waddington North America), Phoenix Packaging Operations LLC, Detmold Group, Benders Paper Cups, Georgia Pacific LLC (Koch Industries Inc.), Go-Pak UK Ltd, and Genpak LLC (Great Pacific Enterprises Inc.)
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global paper cups market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global paper cups market
Detailed Segmentation:
Global Paper Cups Market, By Cup Type:
- Hot Paper Cups
- Cold Paper Cups
Global Paper Cups Market, By End User:
- Quick Service Restaurants
- Institutional
- Other End Users
Global Paper Cups Market, By Wall Type:
- Single-Wall Paper Cups
- Double-Wall Paper Cups
- Triple-Wall Paper Cups
Global Paper Cups Market, By Geography:
- North America
- Europe
- Asia-Pacific Latin America
- Middle East & Africa
Company Profiles:
- Graphic Packaging International
- Dart Container Corporation
- Konie Cups International Inc.
- Huhtamaki OYJ
- Kap Cones Private Limited
- Eco-products Inc. (Waddington North America)
- Phoenix Packaging Operations LLC
- Detmold Group
- Benders Paper Cups
- Georgia Pacific LLC (Koch Industries Inc.)
- Go-Pak UK Ltd
- Genpak LLC (Great Pacific Enterprises Inc.)
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