Global Paper Cup Market – Industry Trends and Forecast to 2030

Paper Cup Market Analysis and Size

The trend of utilizing environmentally friendly and biodegradable products is increasing as more people worldwide become conscious of environmental issues. Nowadays, it's common to see people prefer paper cups to ones made with plastic components. Businesses such as quick-service restaurants, cafeterias, and other catering service providers are using more paper cups as a result of this customer trend. In addition, the busy lifestyle of a significant portion of the global population is driving up demand for simple products, such as paper cups.

Data Bridge Market Research analyses that the paper cup market is expected to reach USD 13.55 billion by 2030, which is USD 10.61 billion in 2022, registering a CAGR of 3.10% during the forecast period of 2023 to 2030. 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.     

Paper Cup Market Scope and Segmentation

Market Definition

Paper cups, which can be used to sip soup, tea, coffee, soft drinks, and other foods, are disposable. The most popular plastic resin, polyethylene, is used to cover these cups, enhancing their performance and longevity by preventing the lowered moisture from absorbing and retaining taste. Customers typically utilize paper cups to save time and effort due to their hectic lifestyles and busy schedules. These cups do not require washing and can be immediately discarded after use. The growing trend of ready-to-eat food and services around the world has also had an impact on the demand for paper cups.

Paper Cup Market Dynamics

Drivers

• Increasing demand for on-the-go consumption of beverages

The global beverage business is expanding and becoming more dynamic in the global market and is projected to considerably influence the paper cup carrier market. To meet the growing demand for beverages to be consumed on-the-go in various regions, some well-known businesses are offering variety of paper cup carriers. Furthermore, the availability of ordering beverages for delivery to homes and takeout has become more popular. Similar to this, cup carriers that are both stylish and durable seem to be in high demand. Therefore, increasing demand for on-the-go consumption of beverages is anticipated to drive the market's growth rate.

• Stringent government policies about the usage of plastic packaging

Stringent government rules and policies regarding the usage of plastic packaging, growing paper recycling activities and availability of leading fast food chain will increase the consumption of paper cups all around the globe. According to the U.S. Environmental Protection Agency’s report, more than 292 million tons of municipal solid waste was produced in 2018. Approximately 69 million tons of total produced municipal solid waste was recycled and 25 million tons were composted. Moreover, increasing government initiatives towards reducing municipal solid waste such as banning plastic packaging in the food industry and increasing awareness about the importance of paper cups will boost the sales during the forecast period.

Opportunities

• Increasing awareness regarding negative effects of plastics

Increasing awareness regarding the negative effects of plastics on the environment among consumers plays a dynamic role in buying behaviour. Corn starch is the most commonly used alternative for plastic packaging among other. Moreover, prominent online food delivery systems are also substituting to corn starch packaging to promote an environment-friendly brand image. For instance, Shiva Food Packaging which is an Indian company, provides better quality Corn starch Clamshell Food Container, which is extensively used to serve food products on numerous occasions. This food Container is manufactured at its production facility by using corn starch raw material, which is environment-friendly in nature. The company also deliveries packaging products to all suppliers and wholesalers all around the globe in numerous sizes and shapes. It also claims to be an environment-friendly product that is 100% compostable and biodegradable. Thus, a potential opportunity for the market growth has opened up in the wake of current trends.

Restraints/ Challenges

• High cost  and side effects associated paper cup

Some industrialists or manufacturers add a significant amount of fluorescent whitener to the cup to make it appear whiter. The ability of these whiting compounds to change cells is harmful to the human body. Additionally, a lack of quality standards could soon impede industry expansion. These are the main market restraint that will slow the growth rate of the market.

This paper cup market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growth  application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the paper cup market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Development

• In 2021, Chobani announced the introduction of yoghurt in paper cups. Paper packaging solutions are now available for other dairy goods such as cold brew coffee, oat milk, and coffee creamers. The company promises to keep looking for alternatives to plastic packaging made of paper.
• In 2021, The "Garda Embossed Insulated Cup" was introduced, according to Bender Paper Cups. The product line offers many different hot mugs. The cup's design is stunning and one-of-a-kind, and its swirl pattern allows for exceptional print quality and excellent insulation.

Global Paper Cup Market Scope

The paper cup market is segmented on the basis of cup capacity, cup type, wall type, end-user and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Cup Capacity

• Up to 150 ml
• 150 to 350 ml
• 350 to 500 ml
• Above 500 ml

Cup Type

• Cold Beverage Cup
• Hot Beverage Cup

 Wall Type

• Single Wall Paper Cups
• Double Wall Paper Cups
• Triple Wall Paper Cups

 End-User

• Coffee and Tea Shop
• QSR and Other Fast Food Shops
• Offices and Educational Institutions
• Residential Use
• Others

 Distribution Channel

• Institutional Sales
• Retail Sales

Paper Cup Market Regional Analysis/Insights

The paper cup market is analyzed and market size insights and trends are provided by country, cup capacity, cup type, wall type, end-user and distribution channel as referenced above.

The countries covered in the paper cup market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa.

Asia-Pacific dominates the paper cup market in terms of market share and revenue. This is attributable to growing requirement for paper cups. Moreover, China leading in terms of manufacturing and consumption of disposable paper cup. China dominates the Asia-Pacific paper cup market owing to the simplicity with which disposable paper cups may be formed.

North America is expected to be the fastest developing region during the forecast period of 2023-2030  due to growing demand for disposable paper cups in industrial and commercial sectors in this region.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Paper Cup Market Share Analysis

The paper cup market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to paper cup market.

Some of the major players operating in the paper cup market are:

• Huhtamaki (Finland)
• Konie Cups International, Inc (U.S.)
• Genpak, LLC (U.S.)
• Conver Pack, Inc (U.S.)
• Dart Container Corporation (U.S.)
• Georgia-Pacific (U.S.)
• F Bender limited (U.K.)
• Graphic Packaging International LLC (U.S.)
• Kap Cones Pvt. Ltd. (India)
• Grupo phoenix (U.S.)
• Jiangsu Xinyu Bio-Tech Co., Ltd. (China)
• Eco-Products Inc (U.S.)
• International Paper (U.S.)
• Detmold (Australia)

SKU-53210