Paper Cups and Containers Market to Grow at 2.54% CAGR to 2021: Analysis of Key Players, Trends, Drivers, & Challenges

Paper Cups and Containers Market is Projected to grow at 2.54% CAGR during the period 2017-2021. Network Consulting Industry research report also provides granular analysis of the market share, segmentation, revenue forecasts and geographic regions of the market.

About Paper Cups and Containers market

Marketsizeforecasters.com adds new global paper cups and containers market report that lists top active companies as Dart Container, Huhtamaki, Industrial Development Company, and International Paper.

Other Prominent Vendors in the market are: ACE UK, Detpak, Eco-Products, Fold-Pak, Georgia-Pacific, Magnum Packaging, Mondi, Smurfit Kappa, STORA ENSO, VaioPak, and WCP Solutions.

Research analysts forecast the global paper cups and containers market to grow at a CAGR of 2.54% during the period 2017-2021.

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Commenting on the report, an analyst team said: ?One trend in market is growing concern toward sustainability. Environmental sustainability is one of the major concerns for all the major paper manufacturing companies. The need to reduce pollution and reduce carbon footprint has led manufacturers and companies to focus on the development of sustainable packaging that are recyclable and biodegradable. Companies focus on innovative methods in developing packaging materials that can be recycled and are moisture and heat resistant. Paper manufacturing industries use recycled paper to manufacture specialty paper to reduce the dependence on wood pulp. Paper packaging products are more sustainable than other forms of packaging as they emit less carbon dioxide and consume less energy during production.

The listed pricing for this Paper Cups and Containers Market report starts at $ 3500.
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According to the report, one driver in market is increased use of paper in bakery packaging. The increase in the consumption of bakery goods has increased the demand for paper and paperboard containers in the bakery service sectors. Paper and paperboard containers are primarily used for take-out packaging and making disposable products like wraps, bakery sheets, cake boxes, and cups. The types of paper used for packaging bakery products include parchment paper, cooking paper, butter paper, and waxed paper. Parchment paper, also known as bakery paper, is a greaseproof paper that is used to wrap cookies, cakes, and other confectionaries as it provides heat resistance and a non-sticky surface. Waxed paper is used for cooking and packaging bakery products as it is moisture resistant and has non-stick properties. Butter paper is widely used for packaging sandwiches and other moist foods.

Further, the report states that one challenge in market is lack of quality and high costs of raw materials. The global wood pulp prices will increase at a rate of 1.8% annually during the forecast period. The rising prices of pulp can be attributed to the high demand for pulp from the emerging markets such as Asia, Africa, and the Middle East. The high demand for pulp and depleting forest resources put high pressure on paper mills that are unable to meet the demands of the paper manufacturers. The procurement cost of pulp by the manufacturers will be high due to the annual increase in pulp prices by 1.8%. The majority of the specialty paper manufacturers take money from the operating costs or take a loan to pay the high prices. The manufacturers often increase the price of the end-products by 7%-12% to recover the cost spent on procuring raw materials.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Browse full table of contents and data tables For Paper Cups and Containers Market Report of 70 pages https://marketsizeforecasters.com/global-paper-cups-and-containers-market

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