Paper Cups Industry in India 2023-2028 Market Analysis By Top Key Players - Leetha Group, Sri Lakshmi Polypack, Octane Ecowares Pvt Ltd., Plus Paper Foodpac Limited, Neeyog Packaging, Swan International, Manohar International Private

According to IMARC Group latest published report, titled "India Paper Cups Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028," that the India paper cups market size reached 22.0 Billion Units in 2022. Looking forward, IMARC Group expects the market to reach 25.7 Billion Units by 2028, exhibiting a growth rate (CAGR) of 2.5% during 2023-2028.

Year Considered to Estimate the Market Size:
Base Year of the Analysis: 2022
Historical Period: 2017-2022
Forecast Period: 2023-2028

Paper cups are a type of disposable cups used for holding food and beverages such as tea, coffee, soft drinks and soups. They are coated with a plastic or wax layer, which prevents the liquids from soaking through or leaking out of the paper. With the growing food industry and the emerging trend of takeaway services in India, the demand for paper cups is increasing.

Covid-19 Impact:

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.

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India Paper Cups Market Trends:

The rising awareness among consumers about cleanliness and hygiene has encouraged them to use disposable paper cups as they are considered safer as compared to their reusable counterparts. These cups undergo extreme heat during the manufacturing process, which kills bacteria and sterilizes the product.

Apart from this, on account of the environmental damage caused by plastics, the Government of India is promoting the use of paper cups as they are biodegradable, recyclable and tend to take lesser time to get decomposed as compared to the plastic or foam cups. Besides this, due to the rapid urbanization and busy lifestyles, people across the country prefer paper cups owing to the several advantages offered by them. They help in saving time and effort, require no premeditation or cleaning, and do not need to be returned as they can be easily discarded after use.

List of Major Key Players:

The major players in the market are Leetha Group, Sri Lakshmi Polypack, Octane Ecowares Pvt Ltd., Plus Paper Foodpac Limited, Neeyog Packaging, Swan International, Manohar International Private

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Market Summary:

Based on the cup type, the market has been segmented into hot and cold paper cups.

On the basis of the wall type, the market has been classified into single, double and triple wall paper cups.

The market has been categorized based on the cup size into small, medium and large.

On the basis of the application, the market has been divided into tea and coffee, chilled food and beverages, and others.

Based on the end user, the market has been segregated into coffee/tea shops, fast food shops/QSRs, offices, educational institutes and multiplexes, supermarkets (food court) and others.

Region-wise, the market has been segmented into Maharashtra, Uttar Pradesh, Tamil Nadu, West Bengal, Gujarat and others.

Browse related reports:

India Corrugated Boxes Market: https://www.imarcgroup.com/india-corrugated-boxes-market

Plastic recycling Market in India: https://www.imarcgroup.com/india-recycled-plastics-market

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