About Paper Cup
The paper cup is a disposable cup made out of special paper and coated in a way to prevents the leaking of liquid. Generally, such cups are made up of recycled paper and are mostly used in the food and beverage industry. United States accounts for over 16 Billion of paper cups consumption annually and demand is expected to increase in the forecast period in developing countries as well. In the past few years global paper cup market has significantly grown.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The rising number of players expected to enter the global market is predicted to enhance the competition level as well as encourage the growth of the overall market in the near future. Players are anticipated to focus on the development of new compounds, which is likely to encourage the growth of the global market throughout the forecast period. Analyst at AMA Research estimates that Chinese and United States Vendors will contribute the maximum growth to Global Paper Cup market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
International Paper [United States], DART [United States], Konie Cups [United States], Huhtamaki [Finland], Koch Industries [United States], Lollicup USA [United States], Kap Cones [India], Letica [United States], Eco-Products [United States], Swastik Paper Convertors [India], Grupo Phoenix [United States], Hxin [China], JIALE PLASTIC [China], Kangbao Paper Cup [China], Far East Cup [China], Zhongfu [China], Xinyu Paper Cup [China], Anbao Paper [China], JIAZHIBAO [China], Huixin [China] and Haoyuan Cups [China] are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Dixie [United States], Go-Pak [United Kingdom], Georgia-Pacific [United States], Nippon Paper Group, Inc [Japan], Huhtamäki [Finland], WestRock [United States], Lollicup Coffee & Tea [Taiwan], Pactiv [United States] and Graphic Packaging International, Inc [United States].
Segmentation Overview
AMA Research has segmented the market of Global Paper Cup market by Type (Air Pocket Insulated, Poly-Coated Paper, Post-Consumer, Sustainable and Wax-Coated Paper), Application (Residential and Commercial) and Region.
On the basis of geography, the market of Paper Cup has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Serving Type, the sub-segment i.e. Hot Drinks will boost the Paper Cup market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Focus on Developing Recyclable of Paper Cups and Rising Use of Plastic Cups in Various Institutions Owing to Growing Self Serving Culture
Market Growth Drivers:
Growing Use of Paper Cups in Food and Beverage Industry and Advancement in Printing Technology Helps Improve the Adoption Rate
Challenges:
Hygiene and Safety
Restraints:
Availability of Alternatives Such as Plastic Cups and Metal Cups and Unsuitable and Non-durable for All drinks Types
Opportunities:
Eco-friendly Design of Paper Cups to Increase Adaptability and Increasing Product Portfolios to Boost Demand
Market Leaders and their expansionary development strategies
In December 2023, Georgia-Pacific announced its plans to acquire Czech paper cup manufacturer Solo Cup Czech Republic. This acquisition enhances Georgia-Pacific's European presence and provides access to Solo Cup's innovative production capabilities.
In September 2023, Solo Cup introduced its new PlantPlus line of cups made with bioplastic and recycled paper. These cups offer a more sustainable alternative to traditional paper cups.
Key Target Audience
Paper Cup Manufacturers, Government Agencies, Research Institutes, Government Agencies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.