Press release
Disposable Paper Cup Market Revenue, Industry Growing Demand, Top Companies, Regional Outlook Up to 2028
The global disposable paper cup market is anticipated to grow at a CAGR of 5.0% during the forecast period (2022-2028).A disposable cup is a type of tableware and disposable food packaging. A disposable cup is made out of paper and often lined or coated with plastic or wax to prevent liquid from leaking out or soaking through the paper. It may be made of recycled paper and is widely used across the globe. Apart from being biodegradable in nature, paper cups are gaining huge popularity owing to a wide range of shapes and sizes and also companies manufacturing paper cups are focused on making their products more attractive.
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A full report of Global Disposable Paper Cup Market is available at: https://orionmarketreports.com/disposable-paper-cup-market/107115/
The increasing use of disposable cups over other types of cups as disposable paper cups are safer for consumption, is in turn, driving the growth of the market. Additionally, the environmental damage caused by plastic cups and their bad impact on nature has encouraged people to make use of disposable paper cups which are eco-friendly and can also be recycled. The people are getting more aware of the environmental impact and the government is also playing a huge role in making people more aware of not using non-biodegradable products. These are some factors accelerating the growth of the market. However, some manufacturers of disposable paper cups use a substantial amount of fluorescent whiting agent to present a whiter look to the cup. These whiting agents are capable of mutating the cells, thus having a harmful impact on the human body and can restrain the growth of the global disposable paper cups market.
Some major players in the market include Huhtamaki Oyj, Berry Global Group Inc., and Dart Container Corp., among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, new product launches, and collaborations, to stay competitive in the market. For instance, in December 2020, BrandBase created the Jungle Cup, the world's first plastic-free disposable coffee cup that biodegrades in 12 weeks without the use of industrial processing. The Jungle Cup is named for the fact that for every cup sold, money is contributed to the Rainforest Trust, an international conservation group, to protect 1 hectare of threatened rainforest.
Market Coverage
• The market number available for - 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Type
o By End-User
o By Distribution Channel
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- Huhtamaki, Dart Container Corp., and Berry Global Group Inc, among others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Disposable Paper Cup Market Report by Segment
By Type
• Air Pocket Insulated
• Poly-Coated Paper
• Wax-Coated Paper
• Others
By End-User
• Residential
• Commercial
By Distribution Channel
• Online
• Offline
Media Contact:
Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404
About Us:
Orion Market Reports (OMR) endeavors to provide an exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and the most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.
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