Paper Cups Market Size, Share & Analysis Report, 2022-2030
The global paper cups market size was valued at US$ 6.9 billion in 2021 and expected to reach US$ 10.2 billion by 2030, poised to grow at a noteworthy compound annual growth rate (CAGR) of 5.4% from 2022 to 2030..
Growth Factors:
Increasing adoption of disposable cups to serve hot and cold beverages in quick service restaurants is likely to drive their demand in the coming years. In addition, the rising usage of such cups for drinking water in several commercial and residential parties is expected to drive their demand. The use of disposable cups has become quite popular over the past decade. The sense of convenience among consumers is anticipated to drive the product demand. Increasing demand for quick-service restaurants (QSRs) from the urban and semi-urban markets and water shortage to clean utensils are anticipated to drive the market. Rising disposable income, coupled with the changing food trends that favor convenience, is anticipated to further drive the product demand.
Disposable cups are a great alternative to glasses, mugs, and steins, especially if consumers are worried about breaking them or carrying them around. Increasing usage of disposable cups at social gatherings and celebrations is likely to propel their demand in the coming years. Single-serving cups have a multitude of uses in the household. They are perfect for serving beverage samples, dishing out child-friendly portions to kids, and even for serving adult refreshments, such as espresso and cappuccino. Thus, several households across the globe are keeping a supply of small disposable cups in the cabinet to prevent the spread of germs when it’s time to rinse with mouthwash or chase back pill and gel-cap medications. Small cups are also handy when mixing paints, stains, or adhesives for home-improvement or craft projects. These factors are foreseen to fuel the market growth in the coming years.
Report Scope of the Paper Cups Market
|
Report Coverage |
Details |
|
Market Size |
US$ 10.2 Billion by 2030 |
|
Growth Rate |
CAGR of 5.4% from 2022 to 2030 |
|
Largest Market |
Asia Pacific |
|
Fastest Growing Market |
North America |
|
Base Year |
2021 |
|
Forecast Period |
2022 to 2030 |
|
Segments Covered |
Type, Wall Type, End User and Region, |
|
Companies Mentioned |
Kap Cones Pvt. Ltd., International Paper Company, Huhtamaki Oyj, Phoenix Packaging Operations, LLC., Dart Container Corporation, Benders Paper Cups, Shanghai Xinyu Paper Cup Co. Ltd., Konie Cups International, Eco-Products Inc., DongyangKangbao Paper Cups Co. Ltd. |
Type Insights
By type, the hot paper cups segment led the global paper cups market with remarkable revenue share in 2020 and is anticipated to retain its dominance throughout the forecast period. This is attributed to the higher consumption of hot beverages among the global population. Further, the quick service restaurants and smaller beverage serving shops extensively use paper cups to serve hot tea and coffee, owing to its cheaper price and convenience associated with the use of paper cups.
On the other hand, the cold paper cups is estimated to be the most opportunistic market during the forecast period. This can be attributed to the rising popularity of on-the-go consumption of soft drinks, juices, and cold coffee among the busy consumers.
Wall Type Insights
By type, the double walled segment led the global paper cups market with remarkable revenue share in 2020 and is anticipated to retain its dominance throughout the forecast period. The double walled cup has two walls of paper with air pocket in between that facilitates comfortable holding when serving hot beverages like tea and coffee. Therefore, double walled is extensively used for serving hot beverages and the increased consumption of hot beverages is driving the demand for the double walled paper cups.
On the other hand, the single walled segment is expected to grow at a sustainable rate. Single walled paper cups are commonly used for serving and storing both hot and cold beverages across the globe.
End-User Insights
By end-user, the commercial segment led the global paper cups market with remarkable revenue share in 2020 and is anticipated to retain its dominance throughout the forecast period. This is significantly attributed to the increased penetration of quick service restaurants and popular coffee chains across the globe. These two commercial spaces are the highest consumer of paper cups.
On the other hand, the industrial segment is growing at a considerable pace owing to the increasing adoption of disposable paper cups in schools, colleges, and other institutions for serving water and other beverages is a major driver of this segment.
Region Insights
Based on the region, Asia Pacific dominated the global paper cups market in 2020, in terms of revenue and is estimated to sustain its dominance during the forecast period.This is attributable to the factors such as changing food habits of the consumers, rising urban population, and rising penetration of commercial spaces like quick service restaurants, coffee chains, fast casual restaurants, and rapidly growing food and beverages industry in the region. Asia Pacific is characterized by huge population, rising disposable income, and increased demand for various food and beverages products. This is the primary driver of the paper cups market in the region.
On the other hand, North America is estimated to grow at a sustainable rate over the forecast period. The growing awareness regarding hygienic food habits, increased awareness regarding environmental problems, and increased on-the-go consumption of beverage such as cold coffee, juices, and carbonated drinks are the major factors that are accountable for the growth of the paper cups market in North America.
Some of the prominent players in the Paper Cups Market include:
Segments Covered in the Report
This research report offers market revenue, sales volume, production assessment and prognoses by classifying it on the basis of various aspects. Further, this research study investigates market size, production, consumption and its development trends at global, regional, and country level for the period of 2017 to 2030 and covers subsequent region in its scope:
By Type
By Wall Type
By End User
By Geography
North America
Europe
Asia Pacific
Latin America
Middle East & Africa (MEA)
Key Points Covered in Paper Cups Market Study:
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and End User Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Paper Cups Market, By Type
7.1. Paper Cups Market, by Type, 2020-2030
7.1.1. Hot Paper Cups
7.1.1.1. Market Revenue and Forecast (2019-2030)
7.1.2. Cold Paper Cups
7.1.2.1. Market Revenue and Forecast (2019-2030)
Chapter 8. Global Paper Cups Market, By Wall
8.1. Paper Cups Market, by Wall, 2020-2030
8.1.1. Single Walled
8.1.1.1. Market Revenue and Forecast (2019-2030)
8.1.2. Double Walled
8.1.2.1. Market Revenue and Forecast (2019-2030)
Chapter 9. Global Paper Cups Market, By End User
9.1. Paper Cups Market, by End User, 2020-2030
9.1.1. Commercial
9.1.1.1. Market Revenue and Forecast (2019-2030)
9.1.2. Industrial
9.1.2.1. Market Revenue and Forecast (2019-2030)
9.1.3. Household
9.1.3.1. Market Revenue and Forecast (2019-2030)
Chapter 10. Global Paper Cups Market, Regional Estimates and Trend Forecast
10.1. North America
10.1.1. Market Revenue and Forecast, by Type (2019-2030)
10.1.2. Market Revenue and Forecast, by Wall (2019-2030)
10.1.3. Market Revenue and Forecast, by End User (2019-2030)
10.1.4. U.S.
10.1.4.1. Market Revenue and Forecast, by Type (2019-2030)
10.1.4.2. Market Revenue and Forecast, by Wall (2019-2030)
10.1.4.3. Market Revenue and Forecast, by End User (2019-2030)
10.1.5. Rest of North America
10.1.5.1. Market Revenue and Forecast, by Type (2019-2030)
10.1.5.2. Market Revenue and Forecast, by Wall (2019-2030)
10.1.5.3. Market Revenue and Forecast, by End User (2019-2030)
10.2. Europe
10.2.1. Market Revenue and Forecast, by Type (2019-2030)
10.2.2. Market Revenue and Forecast, by Wall (2019-2030)
10.2.3. Market Revenue and Forecast, by End User (2019-2030)
10.2.4. UK
10.2.4.1. Market Revenue and Forecast, by Type (2019-2030)
10.2.4.2. Market Revenue and Forecast, by Wall (2019-2030)
10.2.4.3. Market Revenue and Forecast, by End User (2019-2030)
10.2.5. Germany
10.2.5.1. Market Revenue and Forecast, by Type (2019-2030)
10.2.5.2. Market Revenue and Forecast, by Wall (2019-2030)
10.2.5.3. Market Revenue and Forecast, by End User (2019-2030)
10.2.6. France
10.2.6.1. Market Revenue and Forecast, by Type (2019-2030)
10.2.6.2. Market Revenue and Forecast, by Wall (2019-2030)
10.2.6.3. Market Revenue and Forecast, by End User (2019-2030)
10.2.7. Rest of Europe
10.2.7.1. Market Revenue and Forecast, by Type (2019-2030)
10.2.7.2. Market Revenue and Forecast, by Wall (2019-2030)
10.2.7.3. Market Revenue and Forecast, by End User (2019-2030)
10.3. APAC
10.3.1. Market Revenue and Forecast, by Type (2019-2030)
10.3.2. Market Revenue and Forecast, by Wall (2019-2030)
10.3.3. Market Revenue and Forecast, by End User (2019-2030)
10.3.4. India
10.3.4.1. Market Revenue and Forecast, by Type (2019-2030)
10.3.4.2. Market Revenue and Forecast, by Wall (2019-2030)
10.3.4.3. Market Revenue and Forecast, by End User (2019-2030)
10.3.5. China
10.3.5.1. Market Revenue and Forecast, by Type (2019-2030)
10.3.5.2. Market Revenue and Forecast, by Wall (2019-2030)
10.3.5.3. Market Revenue and Forecast, by End User (2019-2030)
10.3.6. Japan
10.3.6.1. Market Revenue and Forecast, by Type (2019-2030)
10.3.6.2. Market Revenue and Forecast, by Wall (2019-2030)
10.3.6.3. Market Revenue and Forecast, by End User (2019-2030)
10.3.7. Rest of APAC
10.3.7.1. Market Revenue and Forecast, by Type (2019-2030)
10.3.7.2. Market Revenue and Forecast, by Wall (2019-2030)
10.3.7.3. Market Revenue and Forecast, by End User (2019-2030)
10.4. MEA
10.4.1. Market Revenue and Forecast, by Type (2019-2030)
10.4.2. Market Revenue and Forecast, by Wall (2019-2030)
10.4.3. Market Revenue and Forecast, by End User (2019-2030)
10.4.4. GCC
10.4.4.1. Market Revenue and Forecast, by Type (2019-2030)
10.4.4.2. Market Revenue and Forecast, by Wall (2019-2030)
10.4.4.3. Market Revenue and Forecast, by End User (2019-2030)
10.4.5. North Africa
10.4.5.1. Market Revenue and Forecast, by Type (2019-2030)
10.4.5.2. Market Revenue and Forecast, by Wall (2019-2030)
10.4.5.3. Market Revenue and Forecast, by End User (2019-2030)
10.4.6. South Africa
10.4.6.1. Market Revenue and Forecast, by Type (2019-2030)
10.4.6.2. Market Revenue and Forecast, by Wall (2019-2030)
10.4.6.3. Market Revenue and Forecast, by End User (2019-2030)
10.4.7. Rest of MEA
10.4.7.1. Market Revenue and Forecast, by Type (2019-2030)
10.4.7.2. Market Revenue and Forecast, by Wall (2019-2030)
10.4.7.3. Market Revenue and Forecast, by End User (2019-2030)
10.5. Latin America
10.5.1. Market Revenue and Forecast, by Type (2019-2030)
10.5.2. Market Revenue and Forecast, by Wall (2019-2030)
10.5.3. Market Revenue and Forecast, by End User (2019-2030)
10.5.4. Brazil
10.5.4.1. Market Revenue and Forecast, by Type (2019-2030)
10.5.4.2. Market Revenue and Forecast, by Wall (2019-2030)
10.5.4.3. Market Revenue and Forecast, by End User (2019-2030)
10.5.5. Rest of LATAM
10.5.5.1. Market Revenue and Forecast, by Type (2019-2030)
10.5.5.2. Market Revenue and Forecast, by Wall (2019-2030)
10.5.5.3. Market Revenue and Forecast, by End User (2019-2030)
Chapter 11. Company Profiles
11.1. International Paper Company
11.1.1. Company Overview
11.1.2. Product Offerings
11.1.3. Financial Performance
11.1.4. Recent Initiatives
11.2. Huhtamaki Oyj
11.2.1. Company Overview
11.2.2. Product Offerings
11.2.3. Financial Performance
11.2.4. Recent Initiatives
11.3. Dart Container Corporation
11.3.1. Company Overview
11.3.2. Product Offerings
11.3.3. Financial Performance
11.3.4. Recent Initiatives
11.4. Benders Paper Cups
11.4.1. Company Overview
11.4.2. Product Offerings
11.4.3. Financial Performance
11.4.4. Recent Initiatives
11.5. Konie Cups International
11.5.1. Company Overview
11.5.2. Product Offerings
11.5.3. Financial Performance
11.5.4. Recent Initiatives
11.6. Eco-Products Inc.
11.6.1. Company Overview
11.6.2. Product Offerings
11.6.3. Financial Performance
11.6.4. Recent Initiatives
11.7. Kap Cones Pvt. Ltd.
11.7.1. Company Overview
11.7.2. Product Offerings
11.7.3. Financial Performance
11.7.4. Recent Initiatives
11.8. DongyangKangbao Paper Cups Co. Ltd.
11.8.1. Company Overview
11.8.2. Product Offerings
11.8.3. Financial Performance
11.8.4. Recent Initiatives
11.9. Phoenix Packaging Operations, LLC.
11.9.1. Company Overview
11.9.2. Product Offerings
11.9.3. Financial Performance
11.9.4. Recent Initiatives
11.10. Shanghai Xinyu Paper Cup Co. Ltd.
11.10.1. Company Overview
11.10.2. Product Offerings
11.10.3. Financial Performance
11.10.4. Recent Initiatives
Chapter 12. Research Methodology
12.1. Primary Research
12.2. Secondary Research
12.3. Assumptions
Chapter 13. Appendix
13.1. About Us
13.2. Glossary of Terms
Cross-segment Market Size and Analysis for
Mentioned Segments
Additional Company Profiles (Upto 5 With No Cost)
Additional Countries (Apart From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market DynamicsRegion Level Market Share Import Export AnalysisProduction AnalysisOthers