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Report Overview
The global paper cups market was aided by the growing consumption of the product. In 2023, global consumption reached more than USD 10.80 Billion in 2023 and is expected to increase in the forecast period of 2024-2032 to reach above USD 14.72 Billion by 2032, with consumption growing at a CAGR of 3.50% in the forecast period of 2024-2032.
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Paper Cups Market Share
Hot paper cups are aiding the market expansion of paper cups due to the rising global consumption of tea and coffee.
The hot paper cups segment holds a substantial share of the market as these cups are preferred for serving hot beverages like coffee and tea due to their insulating properties and anti-blocking PE resin covering. On the other hand, the cold paper cups segment also commands a considerable disposable paper cup market share, driven by its lightweight nature and affordability compared to hot cups. Moreover, the continual usage of single-wall products in serving milk-based beverages and flavoured dairy drinks is expected to fuel growth in this segment.
Single-wall paper cups segment dominates the market share due to their cost-effectiveness.
As per paper cups market analysis, single wall cups hold a significant market share, known for their cost-effectiveness and eco-friendly appeal. Companies like BioPak are producing premium single-wall BioCup products made from plant-based bioplastic, reducing carbon emissions, and appealing to environmentally conscious consumers. Additionally, double-wall cups are gaining traction, especially in cafes and coffee shops, where they are used to serve hot beverages like coffee and tea, offering enhanced insulation and a premium image for brands.
Paper Cups Market Report Snapshots
*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 global paper cups market attained a value of nearly USD 10.80 Billion.
The market is projected to grow at a CAGR of 3.50% between 2024 and 2032.
The market is estimated to witness healthy growth in the forecast period of 2024-2032, reaching a value of around USD 14.72 Billion by 2032.
The major drivers of the market include the rising demand for disposable cups, growing fast food culture, and the increasing consumer concern about sanitation and hygiene.
Key trends aiding market expansion include the government policies incentivising the recycling of papers cups, rise in home delivery services, growing emphasis on eco-friendly packaging, and growing popularity of coffee shops and fast-food outlets.
The market is broken down into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
By cup type, the market is divided into hot paper cups and cold paper cups.
The wall types include single, double, and triple walled cups.
The dominant application sector of the product is tea and coffee.
The competitive landscape consists of Dart Container Corporation, F Bender Limited, Jiangsu Yinwang New Material Technology Co., Ltd, Huhtamäki Oyj, Georgia-Pacific Consumer Products LP, Pactiv LLC, Go-Pak Group, Konie Cups International, Inc., Graphic Packaging International, LLC, and Grupo Phoenix, among others.
Based on end use, the market is broken down into quick service restaurants, institutional, household, and others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124