The global paper cups market revenue was around US$ 10 billion in 2022 and is estimated to reach US$ 14.7 billion by 2031, growing at a compound annual growth rate (CAGR) of 4.4% during the forecast period from 2023 to 2031.
Paper cups, such as paper ice cream cups, baking cups, etc. are disposable cups that are made up of paper and coated with wax or plastic to prevent leaks. They are considered to be eco-friendly alternatives for plastic cups that are used in food service and restaurant applications.
Market Driving Factors
Consumers prefer these disposable paper cups due to the cleanliness issue involved, the simplicity of disposing of paper cups, and the growing number of on-the-go consumers across the world. Thus, the rising consumer preference for paper cups drives global market growth.
The increase in the number of working employees resulted in a hectic lifestyle for the consumers. The busy schedule of the consumers boosts them to opt for on-the-go adoption which allows them to save time. This is the main factor that boosts the demand for paper cups among worldwide consumers.
Furthermore, the fast growth of online food delivery and takeaway services has propelled the demand for cups that allow the retailer economical and perfect beverage packaging solutions. As a result, the increasing popularity of the food delivery service is estimated to propel the market.
The increasing demand for bio-degradable paper cups is estimated to fuel the paper cups market in upcoming years. The traditional paper cups are generally coated with plastic. The issue with industrially decomposing synthetic polymer is a major factor accountable for the rising demand for bio-degradable paper cups. Bio-degradable paper cups offer 100% eco-friendly solutions for beverage packaging and have a high demand in developed regions like Europe and North America due to the rising awareness among the population regarding the negative impacts of plastic on the environment.
Regional Analysis
Asia Pacific dominated the market in terms of revenue and is expected to continue its dominance during the projection period. This can be attributed to elements like an increase in urban population, variation in food habits of the consumers, increased penetration of commercial areas like rapid service restaurants, fast casual restaurants, and coffee chains, and an increase in beverages and food firms in the region. Furthermore, this region is distinguished by its enormous population, growing disposable income, and rising demand for a wide range of beverage and food items. This is the main factor driving the market in the region.
North America is expected to dominate the market during the projection period. The rising awareness regarding hygienic food habits, rising awareness about environmental issues, and rising on-the-go consumption of beverages like juices, cold coffee, and carbonated drinks are the main elements that propel the market growth in the region.
Segmentation Insights
Cup Type Insights
The hot beverage cup segment dominated the market in terms of revenue and it is projected that it will continue to do so throughout the forecast period. This is attributed to the increased use of hot beverages by people all over the world. Furthermore, the fast service restaurants and smaller beverage serving shops frequently utilize paper cups to provide hot coffee and tea, owing to their lower cost and convenience related to the use of paper cups.
Prominent Companies
Segmentation Outline
The global paper cups market segmentation focuses on Cup Capacity, Cup Type, Sales Channel, End User, and Region.
By Cup Capacity
By Cup Type
By Sales Channel
By End User
By Region
[TABLE OF CONTENTS]
1 INTRODUCTION OF GLOBAL PAPER CUPS MARKET
1.1 OVERVIEW OF THE MARKET
1.2 SCOPE OF REPORT
1.3 ASSUMPTIONS
2 EXECUTIVE SUMMARY: PAPER CUPS MARKET
3 RESEARCH METHODOLOGY
3.1 DATA MINING
3.2 VALIDATION
3.3 PRIMARY INTERVIEWS
3.4 LIST OF DATA SOURCES
3.5 ANALYST TOOLS AND MODELS
4 GLOBAL PAPER CUPS MARKET OUTLOOK
4.1 OVERVIEW
4.2 MARKET DYNAMICS AND TRENDS
4.2.1 DRIVERS
4.2.2 RESTRAINTS
4.2.3 OPPORTUNITIES
4.3 PORTERS FIVE FORCE ANALYSIS
4.4 VALUE CHAIN ANALYSIS
4.5 MARKET GROWTH AND OUTLOOK
4.5.1 PRICE TREND ANALYSIS
4.5.2 OPPORTUNITY SHARE
5 GLOBAL PAPER CUPS MARKET, BY CUP CAPACITY
5.1 OVERVIEW
5.2 UP TO 150 ML
5.3 151 TO 350 ML
5.4 351 TO 500 ML
5.5 ABOVE 500 ML
6 GLOBAL PAPER CUPS MARKET, BY CUP TYPE
6.1 OVERVIEW
6.2 COLD BEVERAGE CUP
6.3 HOT BEVERAGE CUP
7 GLOBAL PAPER CUPS MARKET, BY SALES CHANNEL
7.1 OVERVIEW
7.2 SUPERMARKET/HYPERMARKET
7.3 DISTRIBUTOR
7.4 DEPARTMENTAL/SPECIALTY/DISCOUNT STORES
7.5 ONLINE SALES
8 GLOBAL PAPER CUPS MARKET, BY END USER
8.1 OVERVIEW
8.2 FOOD SERVICE
8.3 INSTITUTIONAL
8.4 HOUSEHOLD
9 GLOBAL PAPER CUPS MARKET, BY GEOGRAPHY
9.1 OVERVIEW
9.2 NORTH AMERICA
9.2.1 NORTH AMERICA MARKET SNAPSHOT
9.2.2 U.S.
9.2.3 CANADA
9.2.4 MEXICO
9.3 EUROPE
9.3.1 EUROPE MARKET SNAPSHOT
9.3.2 WESTERN EUROPE
9.3.2.1 THE UK
9.3.2.2 GERMANY
9.3.2.3 FRANCE
9.3.2.4 ITALY
9.3.2.5 SPAIN
9.3.2.6 REST OF WESTERN EUROPE
9.3.3 EASTERN EUROPE
9.3.3.1 POLAND
9.3.3.2 RUSSIA
9.3.3.3 REST OF EASTERN EUROPE
9.4 ASIA PACIFIC
9.4.1 ASIA PACIFIC MARKET SNAPSHOT
9.4.2 CHINA
9.4.3 JAPAN
9.4.4 INDIA
9.4.5 AUSTRALIA & NEW ZEALAND
9.4.6 ASEAN
9.4.7 REST OF ASIA PACIFIC
9.5 MIDDLE EAST & AFRICA
9.5.1 MIDDLE EAST & AFRICA MARKET SNAPSHOT
9.5.2 UAE
9.5.3 SAUDI ARABIA
9.5.4 SOUTH AFRICA
9.5.5 REST OF MEA
9.6 SOUTH AMERICA
9.6.1 SOUTH AMERICA MARKET SNAPSHOT
9.6.2 BRAZIL
9.6.3 ARGENTINA
9.6.4 REST OF SOUTH AMERICA
10 GLOBAL PAPER CUPS MARKET COMPETITIVE LANDSCAPE
10.1 OVERVIEW
10.2 COMPANY MARKET RANKING
10.3 KEY DEVELOPMENT STRATEGIES
10.4 COMPETITIVE DASHBOARD
10.5 PRODUCT MAPPING
10.6 TOP PLAYER POSITIONING, 2022
10.7 COMPETITIVE HEATMAP
10.8 TOP WINNING STRATEGIES
11 COMPANY PROFILES
11.1 BERRY GLOBAL GROUP INC
11.1.1 OVERVIEW
11.1.2 FINANCIAL PERFORMANCE
11.1.3 PRODUCT OUTLOOK
11.1.4 KEY DEVELOPMENTS
11.1.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
11.2 HUHTAMAKI OYJ
11.2.1 OVERVIEW
11.2.2 FINANCIAL PERFORMANCE
11.2.3 PRODUCT OUTLOOK
11.2.4 KEY DEVELOPMENTS
11.2.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
11.3 GORGEIO PACAFIC LLC
11.3.1 OVERVIEW
11.3.2 FINANCIAL PERFORMANCE
11.3.3 PRODUCT OUTLOOK
11.3.4 KEY DEVELOPMENTS
11.3.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
11.4 GENPAK LLC
11.4.1 OVERVIEW
11.4.2 FINANCIAL PERFORMANCE
11.4.3 PRODUCT OUTLOOK
11.4.4 KEY DEVELOPMENTS
11.4.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
11.5 PACTIV LLC
11.5.1 OVERVIEW
11.5.2 FINANCIAL PERFORMANCE
11.5.3 PRODUCT OUTLOOK
11.5.4 KEY DEVELOPMENTS
11.5.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
11.6 DART CONTAINER CORPORATION
11.6.1 OVERVIEW
11.6.2 FINANCIAL PERFORMANCE
11.6.3 PRODUCT OUTLOOK
11.6.4 KEY DEVELOPMENTS
11.6.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
11.7 FRUGALPAC LIMITED
11.7.1 OVERVIEW
11.7.2 FINANCIAL PERFORMANCE
11.7.3 PRODUCT OUTLOOK
11.7.4 KEY DEVELOPMENTS
11.7.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
11.8. GRUPO PHOENIX CAPITAL LIMITED
11.8.1 OVERVIEW
11.8.2 FINANCIAL PERFORMANCE
11.8.3 PRODUCT OUTLOOK
11.8.4 KEY DEVELOPMENTS
11.8.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
11.9 F BENDER LIMITED
11.9.1 OVERVIEW
11.9.2 FINANCIAL PERFORMANCE
11.9.3 PRODUCT OUTLOOK
11.9.4 KEY DEVELOPMENTS
11.9.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
11.10 CONVER PACK INC.
11.10.1 OVERVIEW
11.10.2 FINANCIAL PERFORMANCE
11.10.3 PRODUCT OUTLOOK
11.10.4 KEY DEVELOPMENTS
11.10.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
11.11 STANPAC INC
11.11.1 OVERVIEW
11.11.2 FINANCIAL PERFORMANCE
11.11.3 PRODUCT OUTLOOK
11.11.4 KEY DEVELOPMENTS
11.11.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
11.12 BIOPAK UK. LTD
11.12.1 OVERVIEW
11.12.2 FINANCIAL PERFORMANCE
11.12.3 PRODUCT OUTLOOK
11.12.4 KEY DEVELOPMENTS
11.12.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
11.13 BIO FUTURA B.V
11.13.1 OVERVIEW
11.13.2 FINANCIAL PERFORMANCE
11.13.3 PRODUCT OUTLOOK
11.13.4 KEY DEVELOPMENTS
11.13.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
11.14 NATURAL TABLEWARE
11.14.1 OVERVIEW
11.14.2 FINANCIAL PERFORMANCE
11.14.3 PRODUCT OUTLOOK
11.14.4 KEY DEVELOPMENTS
11.14.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
11.15 ECOWARE BIODEGRADABLES INC.
11.15.1 OVERVIEW
11.15.2 FINANCIAL PERFORMANCE
11.15.3 PRODUCT OUTLOOK
11.15.4 KEY DEVELOPMENTS
11.15.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
11.16 PACKNWOOD
11.16.1 OVERVIEW
11.16.2 FINANCIAL PERFORMANCE
11.16.3 PRODUCT OUTLOOK
11.16.4 KEY DEVELOPMENTS
11.16.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
11.17 GREENWOOD (DALIAN) INDUSTRIAL CO. LTD
11.17.1 OVERVIEW
11.17.2 FINANCIAL PERFORMANCE
11.17.3 PRODUCT OUTLOOK
11.17.4 KEY DEVELOPMENTS
11.17.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
11.18 HENDGA INDUSTRIES CO. LTD
11.18.1 OVERVIEW
11.18.2 FINANCIAL PERFORMANCE
11.18.3 PRODUCT OUTLOOK
11.18.4 KEY DEVELOPMENTS
11.18.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
11.19 DOPLA S.P.A
11.19.1 OVERVIEW
11.19.2 FINANCIAL PERFORMANCE
11.19.3 PRODUCT OUTLOOK
11.19.4 KEY DEVELOPMENTS
11.19.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
11.20 ITTERRA
11.20.1 OVERVIEW
11.20.2 FINANCIAL PERFORMANCE
11.20.3 PRODUCT OUTLOOK
11.20.4 KEY DEVELOPMENTS
11.20.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
11.21 DETPAK
11.21.1 OVERVIEW
11.21.2 FINANCIAL PERFORMANCE
11.21.3 PRODUCT OUTLOOK
11.21.4 KEY DEVELOPMENTS
11.21.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
11.22 GREENWEIMO
11.22.1 OVERVIEW
11.22.2 FINANCIAL PERFORMANCE
11.22.3 PRODUCT OUTLOOK
11.22.4 KEY DEVELOPMENTS
11.22.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
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