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Paper Cups Market 2022 | Size, Share, Demand, Latest Insights and Business Opportunities by 2027

11-18-2022 07:42 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Paper Cups Market 2022 | Size, Share, Demand, Latest Insights

According to the latest report by IMARC Group, titled "๐๐š๐ฉ๐ž๐ซ ๐‚๐ฎ๐ฉ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ: ๐†๐ฅ๐จ๐›๐š๐ฅ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐“๐ซ๐ž๐ง๐๐ฌ, ๐’๐ก๐š๐ซ๐ž, ๐’๐ข๐ณ๐ž, ๐†๐ซ๐จ๐ฐ๐ญ๐ก, ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ ๐š๐ง๐ ๐…๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ-๐Ÿ๐ŸŽ๐Ÿ๐Ÿ•," 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

๐—š๐—น๐—ผ๐—ฏ๐—ฎ๐—น ๐—ฃ๐—ฎ๐—ฝ๐—ฒ๐—ฟ ๐—–๐˜‚๐—ฝ๐˜€ ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—ข๐˜ƒ๐—ฒ๐—ฟ๐˜ƒ๐—ถ๐—ฒ๐˜„:

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.

๐——๐—ผ๐˜„๐—ป๐—น๐—ผ๐—ฎ๐—ฑ ๐—ณ๐—ฟ๐—ฒ๐—ฒ ๐˜€๐—ฎ๐—บ๐—ฝ๐—น๐—ฒ ๐—ฏ๐—ฟ๐—ผ๐—ฐ๐—ต๐˜‚๐—ฟ๐—ฒ: 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.

๐—–๐—ต๐—ฒ๐—ฐ๐—ธ๐—ผ๐˜‚๐˜ ๐—ก๐—ผ๐˜„: 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:

โ€ข Benders Paper Cups
โ€ข Huhtamaki
โ€ข International Paper
โ€ข Dart Container
โ€ข 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:

โ€ข Hot Paper Cups
โ€ข Cold Paper Cups

Breakup by Wall Type:

โ€ข Single Wall
โ€ข Double Wall
โ€ข Triple Wall

Breakup by Application:

โ€ข Tea and Coffee
โ€ข Chilled Food and Beverages
โ€ข Others

Breakup by End User:

โ€ข Coffee and Tea Shops
โ€ข QSR and Other Fast-Food Shops
โ€ข Offices and Educational Institutions
โ€ข Residential Use
โ€ข Others

Breakup by Distribution Channel:

โ€ข Institutional Sales
โ€ข Retail Sales

Regional Insights:

โ€ข Asia-Pacific
โ€ข North America
โ€ข Europe
โ€ข South America
โ€ข Middle East and Africa

๐€๐ฌ๐ค ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ญ ๐Ÿ๐จ๐ซ ๐Ÿ๐ŸŽ% ๐Ÿ๐ซ๐ž๐ž ๐œ๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐ž๐ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/paper-cups-manufacturing-plant

Key Highlights of the Report:

โ€ข Market Performance (2016-2021)
โ€ข Market Outlook (2022-2027)
โ€ข Market Trends
โ€ข Market Drivers and Success Factors
โ€ข Impact of COVID-19
โ€ข Value Chain Analysis
โ€ข 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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