Disposable Paper Cup – Introduction
- Disposable paper cups are the cups/glasses made of renewable sources such as paper and then lined with wax or liquid to prevent leakage
- These cups are made of food grade raw materials, which are hygienic in nature. Disposable paper cups are capable of holding hot as well as cold beverages for a long time.
- Disposable paper cups are widely used across the globe; rapid changes in lifestyle are anticipated to push the usage of these paper cups in the household sector
- When compared to paper cups made of other material such as plastic, the usage of paper cups hold several inherent advantages, eco-friendliness being one of them.
- Extensive use of paper cups in catering and events is likely to drive its demand during the forecast period
Benefits of Paper Cups over Other Alternatives to Fuel its Demand in the Global Market
- Disposable paper cups are biodegradable; thus they are considered more eco-friendly than other disposable paper cups such as the plastic ones
- Also, plastic paper cups are likely to contaminate its hot containments, whereas paper cups are considered more safe for consumption of hot beverages
- In addition, paper cups are available in numerous shapes and sizes, and also in customizable designs, and this makes them more attractive in the market
- These factors are likely to drive the overall market for disposable paper cups
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Increasing Use of Organic Components in Paper Cups Manufacturing to Create Demand Opportunities
- Disposable paper cups manufacturers have been considering the demand for eco-friendly and completely biodegradable disposable paper cups, thus focusing on product innovation and diversification by adopting sustainable manufacturing methods.
- The opportunity in the market lies amidst the rising demand for biodegradable paper cups from cafeterias, quick service restaurants, and other catering service providers.
Asia Pacific to Hold Leading Share of the Global Disposable Paper Cup Market
- In terms of geography, the global disposable paper cup market can be divided into five regions: North America, Europe, Asia Pacific, Middle East & Africa, and South America
- Country and sub-region level analysis of North America features the U.S., Canada, and Rest of North America. Analysis and forecast of the disposable paper cup market in Europe includes markets across the U.K., Germany, France, and Rest of Europe. Similarly, Asia Pacific includes India, China, Japan, and Rest of Asia Pacific. Middle East & Africa includes the market analysis and forecast of GCC, South Africa, and Rest of Middle East & Africa. The disposable paper cup market in South America is segmented into Brazil and Rest of South America.
- Asia Pacific dominated the global market in 2018, attributed to presence of large scale manufacturers and availability of low cost raw materials. In addition, constantly rising population in Asia as well as North America are driving the disposable paper cups market in their respective regions.
- The market in Asia Pacific is projected to expand at a rapid pace, followed by North America and Europe during the forecast period
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Key Players Operating in the Disposable Paper Cup Market
The global disposable paper cup market is highly competitive, owing to the presence of several global and regional players. Major players are adopting various strategies such as regional expansion and product portfolio expansion to consolidate their position in the market. A few key players operating in the global disposable paper cup market are:
- Dart Container
- Koch Industries
- Graphic Packaging
- Seda Group
- Groupo Phoenix
- AR Packaging
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