About Disposable Paper Cup
Paper cups are made from bleached wood pulp, which is made from wood chips. A Disposable Paper Cup is made out of paper and is lined with plastic or wax to prevent liquid from leakage out or soaking by paper. These types of cups are eco-friendly as they are easily recyclable. The disposable paper cup is capable of holding both hot & cold liquid for a longer time. This paper cup finds extensive use in railways, functions, festivals, hotels, meetings, household appliances, and domestic applications. Disposable paper cups are used and consumed daily all over the world.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
CAGR | 2.86% |
In Disposable Paper Cup Market, it has been observed that most of the companies are upgrading or introducing innovative products. They rely on strategies such as mergers & acquisitions, product development, geographical expansion, technological innovation and sourcing strategies to enhance their market share. Analyst at AMA Research estimates that United States, Europe Vendors will contribute the maximum growth to Global Disposable 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.
Huhtamaki Oyj (Finland), Dart Container Corporation (United States), Reynolds Group Holdings (New Zealand), Graphic Packaging International, Inc. (United States), Koch Industries, Inc. (United States), Letica Corporation (United States), SEDA International Packaging Group (Italy), Lollicup USA, Inc. (United States), Eco-Products (United States), Compagnie Européenne d'Emballage Robert Schisler (France), Groupo Phoenix (United States) and Duni AB (Sweden) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Far East Cup (China), Konie Cups International, Inc. (United States), Jiun Yo Co., Ltd (Taiwan), YesPac (United States), Changzhou Huixin Industrial Co., Ltd. (China) and Medac S.r.l (Itlay).
Segmentation Overview
AMA Research has segmented the market of Global Disposable Paper Cup market by Type (Air Pocket Insulated, Poly-Coated Paper, Post-Consumer Fiber, Renewable Resource and Wax-Coated Paper), Application (Tea and Coffee, Chilled Food and Beverages and Other) and Region.
On the basis of geography, the market of Disposable 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). Asia Pacific region held largest market share in the year 2023. North America, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by End Users, the sub-segment i.e. Commercial {Coffee and Tea Shops, QSR & Fast Food Shops, Offices & Educational Institutions} will boost the Disposable Paper Cup market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Capacity, the sub-segment i.e. 10 ml to 100 ml will boost the Disposable Paper Cup market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Online will boost the Disposable Paper Cup market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Trend Towards Online Beverage Ordering
Market Growth Drivers:
The increasing demand for disposable food service products in restaurant.
Challenges:
Effects the Environment by Adding Up to the Trash
Restraints:
Low-Quality Products May Leak Early
Opportunities:
Wider Use of Disposable Paper Cup in Urban as well as Rural Areas, Sanitation and Hygiene Concerns of Consumer and Increasing Use of Disposable Paper Cup for Promotion
Market Leaders and their expansionary development strategies
In February 2023, AmerCareRoyal (ACR), a prominent provider of disposable foodservice supplies, gloves, and take-out packaging with support from HCI Equity Partners (HCI), acquired Team Three Group (Team Three). This marks ACR's eighth add-on acquisition since HCI's initial investment. HCI is a renowned private equity firm specializing in lower middle market investments and partnering with founder-owned distribution, manufacturing, and B2B service companies.
In March 2022, A&W Canada took the lead as the first major chain to introduce a pilot program for the Zero Cup, an innovative lidless coffee cup that is fully compostable and recyclable. This initiative is being implemented at 14 selected A&W locations in the Toronto area. The Zero Cup, developed by UK-based company ButterflyCup, is constructed with a paper cup featuring a water-based plastic lining for leak prevention, distinguishing it from the petroleum-based plastic linings commonly used in most disposable coffee cups. The design of the Zero Cup allows for use with both hot and cold beverages, eliminating the need for a separate lid or straw.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Disposable Paper Cup Providers, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End Users
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.