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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Coffee Cup Market Analysis by Region
North America accounts for a significant portion of the market share and is poised to grow robustly in the forecast period due to the wide presence of major food service establishments like Starbucks, McDonald's, and Taco Bell, among others. North America, particularly the United States and Canada, has a strong coffee culture, with a large proportion of the population consuming coffee daily. This high level of consumption drives the demand for coffee cups, both in commercial settings like cafes and restaurants (the HoReCa sector) and within homes and offices. There is a growing trend towards convenience in North America, with many individuals preferring quick and easy solutions for their coffee needs which has led to a significant demand for disposable coffee cups, especially for people commuting or those who prefer to take their coffee to go from coffee shops.
Meanwhile, substantial growth of the coffee cup market is anticipated in the Asia Pacific region, driven by a burgeoning young and working-class population and an increasing interest in flavoured coffee. Rapid urbanisation and the adoption of Western lifestyles have also led to increased coffee consumption in urban areas and busy lifestyles and the convenience of grab-and-go coffee options are contributing to higher demand for disposable coffee cups in particular. The surging number of coffee chains in emerging economies like India, Indonesia, and China, among others, is further aiding the market.
Coffee Cup Market Report Snapshots
Coffee Cup Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 2.44 billion.
The market is projected to grow at a CAGR of 4.5% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 3.63 billion by 2032.
The major market drivers include the availability of coffee cups in different designs and varieties, the rising coffee consumption, and increasing e-commerce penetration.
Increasing demand for recyclable materials and eco-friendly products as well as innovation in design and customisation of the cups are the key trends aiding the market.
North America, the Asia Pacific, Europe, Latin America, and the Middle East and Africa, among others, are the major regional markets for coffee cups.
Porcelain along with Ceramic are key products for the coffee cup materials in the market due to their wide range of applications along with single-use plastic regulations, and growing awareness of environmental impacts, among others.
The major players in the market are Hamilton Housewares Pvt. Ltd., Dixie Consumer Products LLC., Shandong Silver Phoenix Co., Ltd, Dart Container Corporation, Dunoon Ceramics Ltd., Tupperware Brands Corporation, Thermos L.L.C, Ember Technologies, Inc., Borosil Limited, and Chumbak Design Pvt. Ltd., among others.
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