Press release
Europe Paper Cups Market Estimated to Reach 64.9 Billion Units By 2028 | CAGR of 1.8%
According to IMARC Group latest report titled "Paper Cups Market in Europe: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", offers a comprehensive analysis of the industry, which comprises insights on Europe Paper Cups Market. The report also includes competitor and regional analysis, and contemporary advancements in the market. The European paper cups market size reached 57.9 Billion Units in 2022. Looking forward, IMARC Group expects the market to reach 64.9 Billion Units by 2028, exhibiting a growth rate (CAGR) of 1.8% during 2023-2028.Paper cups are disposable cups used widely for hot and cold beverages, such as tea, coffee, soft drinks, iced tea, cold coffee, ice creams, and yogurts. It is lined with plastic or wax to boost its durability and performance by preventing the liquid from leaking or soaking through the paper. These cups are cheap, eco-friendly, and very hygienic. These cups are a great alternative to glasses, mugs, and steins, especially if consumers are worried about breaking them or carrying them around.
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Market Trends:
The market in Europe is primarily driven by increasing demand in quick service restaurants. In line with this, the rising usage of such cups for drinking water in several commercial and residential parties is positively influencing the market. Furthermore, a sense of convenience among consumers is catalyzing product demand. Apart from this, inflating disposable income and changing food trends that favor convenience are propelling the market. Moreover, a growing number of coffee chains is strengthening the market across the region. With an increasing number of consumers opting for take-away or home delivery services, many restaurants are considering disposable products, such as cups, plates, and cutlery, for serving and packaging. These paper cups are considered highly hygienic when it comes to packaging food and drinks, thereby augmenting the product demand. Additionally, drinking water from shared glasses in public places, such as schools and colleges, leads to growing concerns over public health, thus providing a boost to the demand for paper cups.
View Full Report with TOC & List of Figure: https://www.imarcgroup.com/europe-paper-cups-market
Europe Paper Cups Market Segmentation:
Our report has categorized the market based on region, cup type, wall type, application, end users and distribution channel.
Breakup by Country:
• Germany
• France
• United Kingdom
• Italy
• Spain
• Russia
• Others
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 Beverage
• Others
Breakup by End Users:
• 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
Key highlights of the report:
• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
We are updating our reports, If you want latest primary and secondary data (2023-2028) with Cost Module, Business Strategy, Competitive landscape, etc. Click request free sample report, the report will be delivered to you in PDF format via email within 24 to 48 hours after the payment confirmation.
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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.
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