Market Research Report
Global Disposable Paper Cups Market Research Report-Forecast till 2025
|Global Disposable Paper Cups Market Research Report-Forecast till 2025|
Published: February 27, 2020
Market Research Future
Content info: 100 Pages
Delivery time: 1-2 business days
Global Disposable Paper Cups Market is accounted to exhibit a CAGR of 4.79% and reach USD 10,966.6 Million during the review period. The manufacturing process used for disposable paper cups is thermoforming techniques. There are many types of paper cups available in the market such as poly-coated paper, wax-coated paper, air pocket insulated, post-consumer fiber, and others.
The Global Disposable Paper Cups Market is estimated to register significant growth during the review period due to the increasing adoption of disposable paper cups of the foodservice sector. These disposable paper cups are used in restaurants, cafe, bars, hotels, and corporates to serving chilled food and beverages, tea, coffee, cocktails, mocktails, and other non-alcoholic and alcoholic beverages and others. The major factor driving the growth of the global disposable paper cups market is the expansion of the foodservice sector across the globe. However, the highly unorganized sector is estimated to restrain the growth of the global disposable paper cups market during the assessment period.
The Global Disposable Paper Cups Market is segmented based on Type, application, and distribution channel.
Based on type segment the global market has been segmented into Poly-Coated Paper, Wax-Coated Paper, Air Pocket Insulated, Post-Consumer Fiber, and, others. The poly-coated paper segment is expected to lead the global market and valued at USD 4,462.6 million by the end of 2025 and is accounted to exhibit the highest CAGR of 5.50% during the review period.
By application segment, the market has been categorized into Tea and Coffee, Chilled Food and Beverages, and Others. In terms of Distribution Channel the global disposable paper cups market has been segregated by foodservice and food retail types. The food retail segment has been further classified into Supermarkets and Hypermarkets, Online, Convenience stores, and Others.
North America is contributed to lead the disposable paper cups market with the largest share during the review period. In 2018, the region estimated for 42.70% share of the global market. The regional market is fueled by the growing food service sector and rising consumption of beverages such as cocktails, mocktails, and other non-alcoholic and alcoholic beverages in restaurants, cafe, bars, and hotels. The North American market is expected to drive significant market growth due to the presence of major market players in the region.
Europe is anticipated for the second largest market of the global market owing to supportive government regulations and growing foodservice section in the region.
The Prominent Players in the Global Disposable Paper Cups Market include Huhtamaki (Finland), Dart Container Corporation (US), Reynolds Consumer Products (US), Graphic Packaging International, LLC (US), Seda Group, Inc (Italy), Eco-Products, Inc. (US), Compagnie Europeenne d'Emballage Robert Schisler (France), F Bender Limited (UK), DUNI AB (Sweden), Stanpac Inc (Canada), Geotegrity, Inc (China), Konie Cups International, Inc. (the US), YesPac (US), and Lollicup USA Inc (US).