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Portion Cups Market 2020 : Competitive Analysis and Top Profiling Forecasts Till 2026. Top Growing Companies are Dart Container Corporation, Placon; Sabert Corporation, BSIbio; Huhtamaki, Graphic Packaging International, LLC
Portion Cups market report is a window to the industry which gives explanation about what market definition, classifications, applications, engagements and market trends are. It also gives details regarding the actions of major players such as product launches, joint ventures, developments, mergers and acquisitions and respective effects in terms of sales, import, export, revenue and CAGR values for the industry. This industry analysis report is a significant document for every market enthusiast, policymaker, investor, and market player. Global Portion Cups market document is a great source of getting information for the major happenings and industry insights which helps succeed in this competitive age.Portion Cups business report consists of basic, secondary and advanced information associated with the global status, recent trends, market size, sales volume, market share, growth, future trends analysis, segment and forecasts from 2020 - 2026. The report is prepared by taking into consideration the client's requirements with respect to the market type, size of the organization, accessibility on-premises and the end-users' organization type, and availability at global level in areas such as North America, South America, Europe, Asia-Pacific, Middle East and Africa. Portion Cups market research report supports in adjusting the production depending on the conditions of demand in the market which avoids the wastage of goods.
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Key Market Competitors: Global Portion Cups Market :
Few of the major competitors currently working in the global portion cups market are Dart Container Corporation; Placon; Sabert Corporation; BSIbio; Huhtamaki; Graphic Packaging International, LLC; Georgia-Pacific; Winpak Ltd.; D&W Fine Pack; Eco-Products, Inc.; Fabri-Kal; Sonoco Products Company; Pactiv LLC; Amhil Enterprises; Dot It Restaurant Fulfillment; POLAR PAK COMPANY; London Bio Packaging; Berry Global Inc.; worldcentric.com; NatureWorks LLC; International Paper; The Waddington Group and Lollicup USA, Inc.
Market Analysis: Global Portion Cups Market :
Global portion cups market is expected to rise to an estimated value of USD 1181.38 million by 2026, register a substantial CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the rise in the quantity of food service restaurants & outlets globally and their increased usage by the population.
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Market Definition: Global Portion Cups Market :
Portion cups are specialised packaging products that are provided as containers to the end-users utilized in the food & beverages industry for the consumption of a single serving. These cups are generally medium-size but size can vary depending on their usage and applications. The materials utilized to make these packaging products are plastic, paper, aluminum foil, even sugarcane or some other biodegradable materials.
Portion Cups Market Drivers:
Low costs of raw materials resulting in low cost products for end-consumption is one of factors driving the growth of the market
Changes in lifestyle resulting in increased consumption of fast-food services is expected to positively affect the growth of the market
Transformation of trends shifting the popularity of take-away services requiring packaging products and services is expected to drive the growth of the market
Portion Cups Market Restraints:
Reduced demand for packaged condiments, gravies & sauces provided in portion cups is expected to restrain the growth of the market growth
Complications in usage of certain portion cups made out of paper, certain plastics and sugarcane are factors expected to restrain the market growth
Presence of strict compliances from the authorities regarding the usage of plastics globally is expected to restrain the growth of the market
Segmentation: Global Portion Cups Market :
Portion Cups Market : By Material Type
Plastic
Paper
Aluminum Foil
Sugarcane
Others
Portion Cups Market : By Capacity
Up to 1Oz
1-2Oz
2-3Oz
3-4Oz
4-5Oz
5-6Oz
Above 6Oz
Portion Cups Market : By Application
Tomato Sauce
BBQ Sauce
Guacamole
Hummus
Soups
Dressings/Toppings
Bakery
Dairy
Ice Creams
Others
Portion Cups Market : By Distribution Channel
Retailers
e-Retail
Direct Sales
Portion Cups Market : By End-Users
Food Service Outlets
Institutional
Households
Portion Cups Market : By Geography
North America:
U.S.
Canada
Mexico
South America:
Brazil
Argentina
Rest of South America
Europe:
Germany
United Kingdom
Italy
France
Spain
Russia
Turkey
Belgium
Netherlands
Switzerland
Rest of Europe
Asia-Pacific:
Japan
China
South Korea
India
Australia
Singapore
Thailand
Malaysia
Indonesia
Philippines
Rest of Asia-Pacific
Middle East & Africa:
South Africa
Egypt
Saudi Arabia
United Arab Emirates
Israel
Rest of Middle East & Africa
Key Developments in the Portion Cups Market:
In February 2018, Dot It Restaurant Fulfillment announced the launch of several products to their product portfolio. The products designed in partnership with Eatery Essentials include disposable cups, lids and containers will be available on Dot It's website. The product lines are specially designed for single-use and are meant to be disposed due to the growing trend of takeaway services and food delivery systems. These products are also available as branded alternatives on demand.
In August 2017, Dart Container Corporation announced that they will invest USD 40 million for the establishment of a new technical and innovation center situated in Michigan, United States. This facility will enable for enhanced levels of quality to their products. The plans for the facility includes constructing a new 250,000-square foot facility adjacent to Dart's existing corporate office with 80,000-square feet provided to offices and the remaining for the enhancement & production of prototype products. Improvements of the existing areas are also planned to improve organizations' tooling and machine production operations so that the area allocated expands from 215,000 square feet to 330,000 square feet.
Competitive Analysis: Global Portion Cups Market :
Global portion cups market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of portion cups market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Research Methodology: Global Portion Cups Market :
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.
The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Key Insights in the report:
Complete market analysis and forecasting
Market definition, understanding the concept of portion cups
Market drivers and restraints of the industry
Market segmentations and market share divided amongst them
Key players in the market and their analysis
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About Data Bridge Market Research:
Data Bridge Market Research is a versatile market research and consulting firm with over 500 analysts working in different industries. We have catered more than 40% of the fortune 500 companies globally and have a network of more than 5000+ clientele around the globe. Our coverage of industries include Medical Devices, Pharmaceuticals, Biotechnology, Semiconductors, Machinery, Information and Communication Technology, Automobiles and Automotive, Chemical and Material, Packaging, Food and Beverages, Cosmetics, Specialty Chemicals, Fast Moving Consumer Goods, Robotics, among many others.
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Growing demand for convenience: Busy lifestyles and on-the-go consumption are fueling the popularity of portion cups, offering easy and disposable solutions for snacks, dips, condiments, desserts, and more.
Portion control awareness: Consumers are increasingly conscious of portion sizes, and portion cups help manage calorie intake and prevent overindulgence.
Sustainability efforts: Manufacturers are developing eco-friendly portion cups made from recycled materials or compostable bioplastics, catering to environmentally conscious consumers.
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