About Biodegradable Cup
Biodegradable cups are made of materials that can be decomposed by the action of living organisms, usually microbes, into the water, carbon dioxide, and biomass. These are gaining popularity in the light of worldwide awareness regarding eco-friendly practices. With growing environmental concerns, major brands are promoting the recycling and sustainability of paper cups.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Biodegradable 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), Eco-Products (United States), Fabri-Kal (United States), Dart Container Corporation (United States), BioPak (Australia), Vegware (United Kingdom), Lollicup USA (United States), AmerCareRoyal (United States), Biodegradable Food Service (United States) and Biopac (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Biodegradable Cup market by Type (Paper-coated Product and Thermoforming Product), Application (Food, Beverages and Icecream) and Region.
On the basis of geography, the market of Biodegradable 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 End User, the sub-segment i.e. Food Service Outlet will boost the Biodegradable Cup market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Continuous Research and Development on Biodegradable Cup
Market Growth Drivers:
Rising Pollution Worldwide and its Dangerous Impacts on the Environment and Demand for the Eco-friendly Biodegradable Cup in various Application
Challenges:
Problem with the Decomposition Process of Biodegradable Cup
Restraints:
Prices Fluctuation in the Production of Biodegradable Cup
Opportunities:
Strict Government Guidelines on the Use of Biodegradable Cup and Surging Demand for the Biodegradable Cup for Developing Nation
In June 2019, Colpac Ltd achieved ISO certification 14001:2015 by driving internal initiatives that reduced the environmental footprint. In April 2019, Colpac collaborated with ZA, a brand launched by Pizza Express, to create a sustainable packaging solution that can be easily recycled by consumers
Key Target Audience
Biodegradable Cup Manufacturers, Biodegradable Cup International Traders, Biodegradable Cup Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies 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.