Press release
Paper Cups Market 2022 | Size, Share, Demand, Latest Insights and Business Opportunities by 2027
According to the latest report by IMARC Group, titled "๐๐๐ฉ๐๐ซ ๐๐ฎ๐ฉ๐ฌ ๐๐๐ซ๐ค๐๐ญ: ๐๐ฅ๐จ๐๐๐ฅ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ซ๐๐ง๐๐ฌ, ๐๐ก๐๐ซ๐, ๐๐ข๐ณ๐, ๐๐ซ๐จ๐ฐ๐ญ๐ก, ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ ๐๐ง๐ ๐ ๐จ๐ซ๐๐๐๐ฌ๐ญ ๐๐๐๐-๐๐๐๐," the global paper cups market reached a volume of 260.2 billion Units in 2021. Looking forward, IMARC Group expects the market to reach 280.8 billion Units by 2027, exhibiting a CAGR of 1.27% during 2022-2027.Year Considered to Estimate the Market Size:
Base Year of the Analysis: 2021
Historical Period: 2016-2021
Forecast Period: 2022-2027
๐๐น๐ผ๐ฏ๐ฎ๐น ๐ฃ๐ฎ๐ฝ๐ฒ๐ฟ ๐๐๐ฝ๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ข๐๐ฒ๐ฟ๐๐ถ๐ฒ๐:
Paper cups stand for disposable cups that are mostly used for consuming tea, soups, coffee, and soft drinks. They are available in numerous types, such as hot beverage cups, single-walled cups, cold beverage cups, double-wall cups, etc. These paper cups are made up of thin cardboard or paper and coated with wax or polyethylene that improves their durability and prevents the liquid from soaking in or leaking out of the paper. They are recyclable, lightweight, and cost-effective. Paper cups do not require cleaning and can be safely and easily discarded post-use. Consequently, they find widespread applications in coffee and tea shops, quick service restaurants (QSR), offices, educational institutions, etc.
๐๐ผ๐๐ป๐น๐ผ๐ฎ๐ฑ ๐ณ๐ฟ๐ฒ๐ฒ ๐๐ฎ๐บ๐ฝ๐น๐ฒ ๐ฏ๐ฟ๐ผ๐ฐ๐ต๐๐ฟ๐ฒ: https://www.imarcgroup.com/paper-cups-manufacturing-plant/requestsample
Global Paper Cups Market Trends and Drivers:
The emerging trend of takeaway restaurant services and ready-to-eat food across countries, on account of the hectic lifestyles and busy schedules of consumers, is primarily driving the paper cups market. Furthermore, the elevating awareness about the damaging environmental effect of using plastic cups is also positively influencing the market growth. In line with this, the implementation of several stringent regulations by government bodies across the globe aimed at preventing the use of plastic and foam-based products to facilitate efficient waste management and lower environmental pollution is acting as another significant growth-inducing factor. Apart from this, the growing focus among leading market players on adopting sustainable manufacturing methods and the inflating investments in research and development (R&D) activities to innovate biodegradable cups are further stimulating the global market. In addition to this, the expanding commercial and institutional areas, especially in developing countries, are anticipated to fuel the paper cups market in the coming years.
๐๐ต๐ฒ๐ฐ๐ธ๐ผ๐๐ ๐ก๐ผ๐: https://www.imarcgroup.com/checkout?id=632&method=1
Paper Cups Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape with Key Players:
The global paper cups industry is highly fragmented with the presence of several small and large manufacturers competing in terms of price and quality.
Some of the leading paper cup manufacturers are:
โข Benders Paper Cups
โข Huhtamaki
โข International Paper
โข Dart Container
โข Go-Pak
Key Market Segmentation:
The report has segmented the global paper cups market on the basis of cup type, wall type, application, end-user, distribution channel and region.
Breakup by Cup Type:
โข Hot Paper Cups
โข Cold Paper Cups
Breakup by Wall Type:
โข Single Wall
โข Double Wall
โข Triple Wall
Breakup by Application:
โข Tea and Coffee
โข Chilled Food and Beverages
โข Others
Breakup by End User:
โข Coffee and Tea Shops
โข QSR and Other Fast-Food Shops
โข Offices and Educational Institutions
โข Residential Use
โข Others
Breakup by Distribution Channel:
โข Institutional Sales
โข Retail Sales
Regional Insights:
โข Asia-Pacific
โข North America
โข Europe
โข South America
โข Middle East and Africa
๐๐ฌ๐ค ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ญ ๐๐จ๐ซ ๐๐% ๐๐ซ๐๐ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/paper-cups-manufacturing-plant
Key Highlights of the Report:
โข Market Performance (2016-2021)
โข Market Outlook (2022-2027)
โข Market Trends
โข Market Drivers and Success Factors
โข Impact of COVID-19
โข Value Chain Analysis
โข 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.
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.
Contact US:
IMARC Group
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Website: https://www.imarcgroup.com/
Email: sales@imarcgroup.com
Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800
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