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Report Overview
The global plastic cups market is projected to grow from an estimated value of USD 14.75 Billion in 2024 to USD 32.74 Billion by 2034. In the forecast period of 2025-2034, the market is expected to grow at a CAGR of 8.30%.
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Plastic Cups Market Competitive Landscape
The report analyses the following key players in the global plastic cups market, covering their capacities, market share, and latest developments like capacity expansions, plant turnarounds, and mergers, acquisitions, and investments:
- Huhtamäki Oyj
- Georgia-Pacific Consumer Products LP.
- Dart Container Corporation
- Greiner Packaging International GmbH
- Berry Global Inc.
- Cosmoplast Ind. Co. (L.L.C.)
- Day Young Enterprise Co., Ltd.
- Others
The report by EMR assesses the market dynamics of the industry by looking into the key demand and price indicators, along with analysing the market based on SWOT and Porter’s Five Forces models.
Plastic 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
The global plastic cups market is projected to grow from an estimated value of USD 14.75 Billion in 2024.
In the forecast period of 2025-2034, the market is expected to grow at a CAGR of 8.30%.
By 2034, the market is estimated reach a value of USD 32.74 Billion.
The rising disposable incomes, the expansion of quick service restaurants (QSRs) and cafes, and the growing consumption of processed and convenient food and beverage products are driving the market growth.
The key trends guiding the market include the introduction of recyclable cups, the growing popularity of heat sensitive labels, increasing working population, and innovations in designs of plastic cups.
The major regions in the market are North America, the Asia Pacific, Latin America, Europe, and the Middle East and Africa.
Disposable, non disposable, and recyclable are the various segments based on the nature of plastic cups.
The leading types of plastic cups are heavy duty, hard wall, heavy duty, flexible, and thin wall, among others.
Polylactic Acid (PLA), polypropylene (PP), polystyrene (PS), polyethylene terephthalate (PET), and poly vinyl chloride (PVC), among others, are the significant raw materials of plastic cups in the market.
The major applications of plastic cups include chilled food and beverages and hot food and beverages, among others.
The major end-use segments in the market are ice cream industry, QSR and other fast food shops, offices and educational institutions, and residential use, among others.
The various distribution channels in the market are institutional and retail.
The key players in the market are Huhtamäki Oyj, Georgia-Pacific Consumer Products LP., Dart Container Corporation, Greiner Packaging International GmbH, Berry Global Inc., Cosmoplast Ind. Co. (L.L.C.), and Day Young Enterprise Co., Ltd., among others.
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