Press Release

Jan, 30 2024

Stringent Government Regulations and Initiatives Aimed at Reducing Use of Plastics is Expected to Drive the Growth of India Paper Cup Market

Restrictions on the production and use of single-use plastics create an atmosphere favorable for alternative eco-friendly items such as paper cups as the government adopts a proactive approach to address environmental problems. Introducing bans or restrictions on specific plastic items, particularly those linked with food and beverage packaging, encourages firms to look for more sustainable alternatives. Because they are biodegradable and recyclable, paper cups align with regulatory goals of reducing plastic waste and environmental effects. Compliance with these restrictions has become a strategic necessity for businesses, driving them to switch to paper cups to fulfill environmental requirements and avoid penalties.

Access Full Report @ https://www.databridgemarketresearch.com/reports/india-paper-cup-market

Data Bridge Market Research analyzes that the India Paper Cup Market is expected to reach USD 3,362,609.24 thousand by 2031 from USD 1,771,361.93 thousand in 2023, growing at a CAGR of 8.5% in the forecast period of 2024 to 2031.

Key Findings of the Study

India Paper Cup Market

Growing Food and Beverage Industry with Rising Number of QSRS

Using disposable and convenient packaging solutions, such as paper cups, becomes increasingly important as the need for quick and convenient meal options grows. India's booming food and beverage industry and an increasing number of Quick Service Restaurants (QSRs) are significant drivers of the paper cup market's expansion. The fast-paced service and on-the-go consumption strategy of the QSR segment drives the demand for disposable containers. Paper cups, adaptable and well-suited for hot and cold beverages, are ideal for QSRs serving diverse beverages. Their lightweight and portable nature appeals to people seeking convenience in their hectic lifestyles.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2024 to 2031

Base Year

2023

Historic Years

2022  (Customizable to 2016-2021)

Quantitative Units

Revenue in USD Thousand, Volume in Million Units

Segments Covered

Product (Hot Paper Cups and Cold Paper Cups), Capacity (150 to 350 ML, Up to 150 ML, 350 to 500 ML, and Above 500 ML), Wall Type (Single-Wall Paper Cups, Double-Wall Paper Cups,  Corrugated Ripple Paper Cups, and Others), Color (Single Colored and Multi-Colored), Product Category (Standard and Customized), Usage (Single Use and Reusable), Pattern (Plain and Printed), Application (Beverages and Food), End-Use (Commercial and Household/Residential), Distribution Channel (Retail Sales and Direct Sales)  

Country Covered

India

Market Players Covered

ISHWARA (India), Leetha Group (India), Rachana Kraft (India), Sri Lakshmi Polypack (India), EGS Industries (India), Kafkaindia (India), Neeyog (India), Paricott India Papercup Pvt Ltd. (India), Arp Cups A Brand Of (Heartbro Hygiene Private Limited) (India), Pinnacle Packs (India), Sri Vinayaka Scoring (India), Octane Ecowares Private Limited (India), SANDEEP PLASTIC INDUSTRIES (India), Aaradhya Disposal Industries Pvt. Ltd. (India), MrPaperCup (India), Flamingo Paper Packs (India), Shri Banke Bihari Polymers (India), PIRSQ (India), JALLAN POLYPACK INDIA PVT LTD (India), Zircon Paperware Pvt. Ltd (India), ARPAN FP (India), ITC Limited (India), and GLOBAL SOURCING (India) among others

Data Points Covered in the Report

In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand

Segment Analysis

The India paper cup market is segmented into ten notable segments based on product, capacity, wall type, color, product category, usage, pattern, application, end-use, and distribution channel.

  • On the basis of product, the market is segmented into hot paper cups and cold paper cups

In 2024, the hot paper cups segment is expected to dominate the India paper cup market 

In 2024, the single-wall paper cups segment is expected to dominate the market with 62.57% market share as these cups offer a hygienic, convenient, and eco-friendly solution for on-the-go hot beverage consumption.

  • On the basis of capacity, the market is segmented into 150 to 350 ML, up to 150 ML, 350 to 500 ML, and above 500 ML

In 2024, the 150 to 350 ML segment is expected to dominate the India paper cup market 

In 2024, the 150 to 350 ML segment is expected to dominate the market with 53.79% market share due to diverse beverage preferences.

  • On the basis of wall type, the market is segmented into single-wall paper cups, double-wall paper cups, corrugated ripple paper cups, and others. In 2024, the single-wall paper cups segment expected to dominate the market with a 62.21% market share
  • On the basis of color, the market is segmented into single colored and multi-colored. In 2024, the single-colored segment is expected to dominate the market with a 65.15% market share
  • On the basis of product category, the market is segmented into standard and customized. In 2024, the standard segment is expected to dominate the market with a 64.77% market share
  • On the basis of usage, the market is segmented into single use and reusable. In 2024, the single use segment is expected to dominate the market with an 89.46% market share
  • On the basis of pattern, the market is segmented into plain and printed. In 2024, the plain segment is expected to dominate the market with a 64.72% market share
  • On the basis of application, the market is segmented into beverages and food. In 2024, the beverages segment is expected to dominate the market with a 75.33% market share
  • On the basis of end-use, the market is segmented into commercial and household/residential. In 2024, the single-wall paper cups segment is expected to dominate the market with a 74.17% market share
  • On the basis of distribution channel, the market is segmented into retail sales and direct sales.  In 2024, the retail sales segment is expected to dominate the market with a 74.64% market share

Major Players

Data Bridge Market Research analyzes ITC Limited (India), Paricott India Papercup Pvt Ltd. (India), EGS Industries (India), LEETHA GROUP (India), Octane Ecowares Private Limited (India) as major market players in the India paper cup market.

India Paper Cup Market

Market Developments

  • In November 2019, Rachana Kraft received "business awards & summit award 2019 for achievement in paper cup manufacturing co. at Baku Azerbaijan. This will help the company enhance its company

As per Data Bridge Market Research analysis:

For more detailed information about the India paper cup market report, click here – https://www.databridgemarketresearch.com/reports/india-paper-cup-market


Client Testimonials