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Disposable Paper Cup Market 2017 Growth Analysis By Key Players - Pactiv LLC, Eco Products Inc., Greiner Packaging GmBh, Solo Cup Company, ConverPack Paper Cup Company, Dart Container Corporation, Berry Plastics Corporation and FrugalPac limited
Disposable Paper Cup Market
A disposable cup is a type of crockery that includes paper cups, plastic cups, and foam cups. Expanded polystyrene is used to make foam cups and the plastic cup is made of polypropylene. Basically, they are made for a single use, disposable cups and similar disposable products are an important source of household and consumer waste such as paper waste and plastic waste.
The Disposable Paper Cup Market is predicted to be valued at valued at USD 5100 million in 2016 and anticipated to reach USD 5980 million by the end of 2021, growing at an adequate CAGR of 2.83% during the forecast period 2016 to 2021.
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Drivers and Restraints:
The global market for disposable cups is mainly based on several characteristics of disposable cups, such as recycling capacity, low cost, lightness and other physical characteristics. They are commonly used for individual portions at parties, receptions, weddings, discussions, assemblies for tea and food, etc. Disposable paper cups can also be customized with a point-of-sale logo, a brand-name piercing line or an advertisement. These cups are used in many countries by the population because they are easy to use, hygienic and ecological. As a result, capital consumption has increased and the demand for capital is recognized. In addition, knowledge of hygienic products is also driving the growth of the global market for disposable cups, and this particular trend has led several companies to recognize market opportunities in the Disposable Paper Cup market.
Geographic Insights:
Global Disposable Paper Cup Market is segmented into regions such as North America, Europe, Latin America, Middle East and Africa, and Asia Pacific. North America is expected to dominate the disposable paper cups market due to higher demand from café, and other beverage vending shops like coffee shops. North America region is followed by Europe. The factor that there is an increased consumption of coffee house products increases the demand for the vending cups in these regions. Asia Pacific region is estimated to be growing at higher pace due to increasing demand from the countries such as China and India, consumer’s interest in hygiene and growing number of refreshment drink shops like coffee stores, tea shops and other food chains in the region.
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Key Players of Disposable Paper Cup market
Pactiv LLC, Eco Products Inc., Greiner Packaging GmBh, Solo Cup Company, ConverPack Paper Cup Company, Dart Container Corporation, Berry Plastics Corporation, FrugalPac limited, Huhtamaki Oyj and Genpak LLC, James Cropper Plc., Churchill Container,Geoclima, Cosmoplast industries Co. (LLC), are the prominent players of the Global Disposable Paper Cup Market among others.
Scope of the report:
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.
The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided.
The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.
What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.
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