According to a new research report by Precedence Research, The Paper Cups Market size is forecast to exceed US$ 5.5 billion by 2030 from USD 4.4 billion in 2020 and is expected to grow at the highest CAGR of 4.4% from 2021-2030. The report offers an up-to-date analysis regarding the current market scenario, latest trends, key drivers, potential challenges, profitability graph and the overall market environment.
Crucial factors accountable for market growth are:
- Rising penetration of coffee chains and quick service restaurants
- Changing lifestyle of the consumers
- Busy and hectic schedule of the consumers
- Rising penetration of home delivery platforms
- Rapidly growing food and beverages industry
- Increasing government initiatives to reduces plastic wastes
- Rising consumer awareness regarding health and hygiene
- Development of organic, compostable, and bio-degradable paper cups
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Report Highlights
- By type, the cold paper cups segment is estimated to be the most opportunistic market owing to the rising demand and consumption of soft drinks in the major Asia countries like India. The Varun Beverages forecasted the consumption of soft drinks to be doubled in 2021 from 2019.
- By wall type, the double walled segment dominated the market in 2020. This is attributed to the double wall used in the paper cup that facilitates comfortable grip to the consumers while serving hot temperature drinks like hot chocolate, tea, and coffee. The increased consumption of hot beverages in the large market like Asia Pacific has significantly contributed to the segment growth.
- By end-user, the institution segment is expected to grow at the fastest rate owing to the rising development of various institutions like schools and colleges in the underdeveloped and developing nations. Paper cups are extensively used for serving drinkable water and other beverages to the students in the institutions.
Scope of the Paper Cups Market Report
| Report Coverage | Details |
| Market Size | US$ 5.5 billion in 2020 |
| Growth Rate | CAGR of 4.4% from 2021 to 2030 |
| Latest Market | Asia Pacific |
| Fastest Growing Market | North America |
| Companies Mentioned | International Paper Company, Huhtamaki Oyj, Phoenix Packaging Operations, LLC., Kap Cones Pvt. Ltd., Benders Paper Cups, Shanghai Xinyu Paper Cup Co. Ltd., Dart Container Corporation, Konie Cups International, Eco-Products Inc. |
Regional Snapshots
Based on the region, the Asia Pacific was the dominating paper cups market in 2020. The Asia Pacific region is the home to the largest global population that gradually fosters the demand for the various food and beverages products among the population. Further, the increased consumption of hot beverages like tea and coffee is positively impacting the consumption of paper cups in the region. The rising penetration of coffee chains like Starbucks is boosting the paper cups consumption in the region. The revenues of the Starbucks quadrupled in the Asia Pacific region in the past decade. The consumption of soft drinks is estimated to rise in the region. According to Varun Beverages, bottling partner of PepsiCo in India, the consumption of soft drinks is estimated to be doubled by the end of 2021 as compared to the consumption in the year 2019. Hence, Asia Pacific is estimated to be a fastest-growing market during the forecast period.
North America is the second largest market for the paper cups. This is due to the increased penetration of fast-food chains such as Subway, KFC, and Domino’s that commonly offers soft drinks in its daily affordable meal. Furthermore, the on-the-go consumption of beverages is growing in the region owing to rise in the number of employment that leads to a busy and hectic schedule of the consumers.
Some of the prominent players in the paper cups market include:
- International Paper Company
- Huhtamaki Oyj
- Dart Container Corporation
- Benders Paper Cups
- Konie Cups International
- Eco-Products Inc.
- Kap Cones Pvt. Ltd.
- DongyangKangbao Paper Cups Co. Ltd.
- Phoenix Packaging Operations, LLC.
- Shanghai Xinyu Paper Cup Co. Ltd.
Market Segmentation
By Type
- Hot Paper Cups
- Cold Paper Cups
By Wall Type
- Single Walled
- Double Walled
By End User
- Commercial
- Industrial
- Household
By Geography
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- France
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of the World
TABLE OF CONTENT
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, 2021-2030
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, 2021-2030
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, 2021-2030
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
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