Press release
US Paper Cups And Paper Plates Market 2022: Size, Share, Industry Trends and Analysis by 2027
According to the latest report by IMARC Group, titled "US Paper Cups and Paper Plates Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," the US paper cups and paper plates market size reached a value of US$ 21.45 Billion in 2021. Looking forward, the market is expected to reach a value of US$ 21.92 Billion by 2027.Paper cups and paper plates are single-use, eco-friendly, disposable containers that are made from various paper-based materials. These products are coated or lined with low-density polyethylene or wax that helps prevent leakage, thus enhancing durability and maintaining product quality. Apart from this, paper cups and paper plates are cost-effective, lightweight, convenient to use, durable, leakproof, recyclable, biodegradable, and hygienic. Consequently, they are extensively used across restaurants, educational institutions, and commercial complexes in varying sizes and designs to serve various food items and beverages, including tea, coffee, and soda.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Get a Free Sample Copy of this Report: https://www.imarcgroup.com/us-paper-cups-plates-market/requestsample
US Paper Cups and Paper Plates Market Trends:
The increasing need for disposable commodities and the extensive consumption of ready-to-eat (RTE) meals and ready-to-drink (RTD) beverages has intensified the adoption of paper cups and paper plates across the food and beverage (F&B) industry. Moreover, the rising environmental concerns and the implementation of green initiatives by the Federal Government of the United States of America to ban single-use plastics are fuelling the demand for paper cups and plates to mitigate carbon footprints. Furthermore, the introduction of recyclable or compostable paper products made from several fiber-based raw materials with enhanced heat resistance and oven-friendly features is favoring the market's growth. Furthermore, increasing preference for disposable over Styrofoam reusable utensils due to the rising consumer consciousness regarding hygiene and sanitation is aiding the market expansion. Other factors, such as the ongoing product innovations by key players to enhance product efficacy, and the proliferation of quick-service restaurants and coffee chains, are stimulating market growth.
Key Market Segmentation:
The report has segmented the US paper cups and paper plates market on the basis of product type and wall type.
US Paper Cups Market:
Breakup by Product Type:
• Hot Paper Cups
• Cold Paper Cups
Breakup by Wall Type:
• Single Wall
• Double Wall
US Paper Plates Market:
Breakup by Product Type:
• Heavy-Duty
• Medium-Duty
Ask Analyst for Customization and Explore Full Report With TOC & List of Figures: https://www.imarcgroup.com/us-paper-cups-plates-market
Key Highlights of the Report:
• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.US Paper Cups And Paper Plates Market
Browse More Related Reports:
Paper Cups and Paper Plates Market: https://bit.ly/3Ugdp7i
Paper Cups Market: https://bit.ly/3NwZ0Q9
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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