Global Paper Cup Market Size 2020, Top Key Players, Share, Demand, Opportunities And Forecasts

31/ott/2020 07:34:38 IMARC Group Contatta l'autore

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According to IMARC Group latest report, By 2025, the global paper cup market is projected to reach a volume of 294 Billion Units, registering a CAGR of 1.8% during 2020-2025. Paper cups are disposable and recyclable cups that are made by the pulping, bleaching and heating of wood chips. The inner surface of these cups is coated with wax or plastic resin to increase their durability and prevent the content from soaking in and yielding flavor. Paper cups are used for serving consumable liquids such as tea, coffee, soft drinks and soups. As they are easily available and cost-effective, they are gaining traction across the globe.

Global Paper Cups Market Trends:

One of the major factors augmenting the sales of paper cups is the increasing focus on environmental degradation and a consequent increase in the demand for biodegradable products made from renewable materials. In addition to this, the inflating income levels and altering food trends that favor convenience are driving the global paper cup industry. Furthermore, owing to the hectic lifestyle and long working hours, consumers are shifting from non-disposable utensils to paper cups that do not require cleaning and can be discarded after usage. Apart from this, these cups are used in social and corporate events owing to their easy availability in attractive colors and prints. Other factors catalyzing the market growth include the growing trend of takeaway services.

Note: As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

View Report TOC, Figures and Tables:

Market Segmentation:

Regional Insights:

North America
South America
Middle East and Africa

Breakup by Cup Type:

Hot Paper Cups
Cold Paper Cups

Breakup by Wall Type:

Single Wall Paper Cups
Double Wall Paper Cups
Triple Wall Paper Cups

Breakup by Application:

Tea and Coffee
Chilled Food and Beverages

Breakup by End Users:

Coffee and Tea Shops
QSR and Other Fast Food Shops
Offices and Educational Institutions
Residential Use

Breakup by Distribution Channel:

Institutional Sales
Retail Sales

Some of the leading paper cup manufacturers are:

  • Benders Paper Cups
  • Huhtamaki
  • International Paper (NYSE: IP)
  • Dart Container
  • Go-Pak

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