Paper Cups Market 2023: Size, Growth, Industry Overview, Analysis and Forecast to 2028

According to the latest report by IMARC Group, titled "𝗣𝗮𝗽𝗲𝗿 𝗖𝘂𝗽𝘀 𝗠𝗮𝗿𝗸𝗲𝘁: 𝗚𝗹𝗼𝗯𝗮𝗹 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗧𝗿𝗲𝗻𝗱𝘀, 𝗦𝗵𝗮𝗿𝗲, 𝗦𝗶𝘇𝗲, 𝗚𝗿𝗼𝘄𝘁𝗵, 𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝘆 𝗮𝗻𝗱 𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁 𝟮𝟬𝟮𝟯-𝟮𝟬𝟮𝟴", the global paper cups market size reached 263.8 Billion Units in 2022. Looking forward, IMARC Group expects the market to reach 283.2 Billion Units by 2028, exhibiting a growth rate (CAGR) of 1.11% during 2023-2028.

𝗬𝗲𝗮𝗿 𝗖𝗼𝗻𝘀𝗶𝗱𝗲𝗿𝗲𝗱 𝘁𝗼 𝗘𝘀𝘁𝗶𝗺𝗮𝘁𝗲 𝘁𝗵𝗲 𝗠𝗮𝗿𝗸𝗲𝘁 𝗦𝗶𝘇𝗲:

Base Year of the Analysis: 2022

Historical Period: 2017-2022

Forecast Period: 2023-2028

𝗚𝗹𝗼𝗯𝗮𝗹 𝗣𝗮𝗽𝗲𝗿 𝗖𝘂𝗽𝘀 𝗠𝗮𝗿𝗸𝗲𝘁 𝗢𝘃𝗲𝗿𝘃𝗶𝗲𝘄:

Paper cups refer to a type of disposable cups used for consuming food and beverages, including tea, coffee, soft drinks, and soups. These cups are coated with polyethylene, the most common plastic resin, which aids in increasing their durability and performance by preventing the condensed moisture from soaking in and retaining flavor. Paper cups are segregated into single, double, and triple walls.

𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝗳𝗿𝗲𝗲 𝘀𝗮𝗺𝗽𝗹𝗲 𝗯𝗿𝗼𝗰𝗵𝘂𝗿𝗲: https://www.imarcgroup.com/paper-cups-manufacturing-plant/requestsample

𝗚𝗹𝗼𝗯𝗮𝗹 𝗣𝗮𝗽𝗲𝗿 𝗖𝘂𝗽𝘀 𝗠𝗮𝗿𝗸𝗲𝘁 𝗧𝗿𝗲𝗻𝗱𝘀:

The widespread adoption of disposable cups to save time and effort, as these cups do not require cleaning and can also be easily discarded after use, on account of hectic lifestyles and busy schedules, is primarily augmenting the paper cups market. Furthermore, the escalating demand for online food delivery platforms, the inflating disposable income levels of the masses, and the rising product innovations are positively influencing the global market. Apart from this, the increasing environmental damage caused by plastic cups has encouraged numerous organizations in the growing usage of paper cups, owing to their eco-friendly nature, is acting as another significant growth-inducing factor. Moreover, on account of the rising awareness about cleanliness and hygiene, there is the inflating demand for disposable cups among consumers to be safer than reusable cups, as they are exposed to high heat during the manufacturing process that also kills bacteria and renders the product practically sterile, which is also bolstering the market growth. Besides this, the increasing product utilization in hotels, restaurants, and cafes (HoReCa) for dine-in serving and takeaway purposes is expected to drive the paper cups market in the coming years.

𝗖𝗵𝗲𝗰𝗸𝗼𝘂𝘁 𝗡𝗼𝘄: https://www.imarcgroup.com/checkout?id=632&method=1

𝗣𝗮𝗽𝗲𝗿 𝗖𝘂𝗽𝘀 𝗠𝗮𝗿𝗸𝗲𝘁 𝟮𝟬𝟮𝟯-𝟮𝟬𝟮𝟴 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:

• Benders Paper Cups
• Huhtamaki
• International Paper
• Dart Container
• 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:

• Hot Paper Cups
• Cold Paper Cups

𝗕𝗿𝗲𝗮𝗸𝘂𝗽 𝗯𝘆 𝗪𝗮𝗹𝗹 𝗧𝘆𝗽𝗲:

• Single Wall
• Double Wall
• Triple Wall

𝗕𝗿𝗲𝗮𝗸𝘂𝗽 𝗯𝘆 𝗔𝗽𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻:

• Tea and Coffee
• Chilled Food and Beverages
• Others

𝗕𝗿𝗲𝗮𝗸𝘂𝗽 𝗯𝘆 𝗘𝗻𝗱 𝗨𝘀𝗲𝗿:

• Coffee and Tea Shops
• QSR and Other Fast Food Shops
• Offices and Educational Institutions
• Residential Use
• Others

𝗕𝗿𝗲𝗮𝗸𝘂𝗽 𝗯𝘆 𝗗𝗶𝘀𝘁𝗿𝗶𝗯𝘂𝘁𝗶𝗼𝗻 𝗖𝗵𝗮𝗻𝗻𝗲𝗹:

• Institutional Sales
• Retail Sales

𝗕𝗿𝗲𝗮𝗸𝘂𝗽 𝗯𝘆 𝗥𝗲𝗴𝗶𝗼𝗻:

• Asia-Pacific
• North America
• Europe
• South America
• Middle East and Africa

𝗔𝘀𝗸 𝗔𝗻𝗮𝗹𝘆𝘀𝘁 𝗳𝗼𝗿 𝟭𝟬% 𝗳𝗿𝗲𝗲 𝗰𝘂𝘀𝘁𝗼𝗺𝗶𝘇𝗲𝗱 𝗿𝗲𝗽𝗼𝗿𝘁: https://www.imarcgroup.com/paper-cups-manufacturing-plant

𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀 𝗼𝗳 𝘁𝗵𝗲 𝗥𝗲𝗽𝗼𝗿𝘁:

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• 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.

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:

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This release was published on openPR.