Disposable Cups Market Analysis, Size, Share and Forecast Report to 2025
26th Feb 2021 - Consistent with the report published by the experts the scope of the global Disposable Cups Market was appreciated at US$ 13.45 billion in 2018. It is estimated to grow at a 6.0% CAGR during the period of forecast and extend up to US$ 20.20 billion by the completion of 2025.
These cups are broadly
utilized to serve cold & hot beverages along with drinking water. Growing
demand for Quick Service Restaurants (QSR) from metropolitan, semi-urban market
and scarcity of water to wash utensils is expected to motivate the development.
Increasing per capita earnings along with altering food tendencies that favor
suitability are expected to additionally motivate the demand.
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Market Report with TOC @ https://www.millioninsights.com/industry-reports/disposable-cups-market
The disposable cup is a
category of one-use tableware. It is utilized for the purpose of serving as
well as packing of the beverage in homes, restaurants, hotels and at various
commercial places. The characteristics of disposable cups for example
lightweight, recyclability and additional physical qualities have prepared them
prominent choice for serving and packing of beverages and foodstuff items. These
cups are proficient of holding together cold as well as hot beverages. This has
augmented their demand in the businesses of food & beverages. Low-slung
price of disposable cups and easily obtainability have prepared them additional
popular between the businesses of food & beverages. On the other hand,
disposable cups are prepared of plastic that has raised up query regarding the
influence on environment due to the discarding of plastic cups.
The global disposable
cups industry is motivated by numerous structures of those cups for example low
price, light weight, recyclability and additional physical characteristics.
These characteristics are likely to increase the demand for these cups during
the close upcoming. Increasing inclination for outdoor eating, growing per
capita earnings, increasing middle class are some most important motivating
factors for the development of global market for disposable cups. Additionally,
arrival of new-fangled food courts and restaurants is anticipated to boost the
global market for disposable cup.
Besides this, tendency
of on the move eating and growing awareness regarding fitness have headed to
the restaurants and food courts to serve their beverages in disposable cups.
Additionally, eye-catching printed disposable cups are likely to drive the
demand for it during nearby prospect. Moreover to this, increasing ingestion of
fast food and inclination for take away food owing to speedy way of life of the
customers are estimated to add to the development of global disposable cup market
during the close future. These cups are prepared of bio-plastic materials and
additional such type of materials. This also expected to boost the demand for
disposable cups during the period of forecast.
Some of the important companies for disposable cups market are: Solo Cup Company, Benders Paper Cups, Dart Container Corporation, Greiner Packaging GmbH and Others. Additional notable companies are James Cropper Plc, Cosmoplast Industries Company, Frugal Pac Limited, Geoclima, Huhtamaki Oyj, Berry Plastics Corporation, ConverPack Paper Cup Company, Pactiv LLC, Churchill Container, Genpak LLC, James Cropper Plc., Frugal Pac limited, Eco Products Inc. and others.
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Disposable Cups Regional Outlook (Revenue, USD Billion, 2015 - 2025)
• North America
• U.S.
• Europe
• France
• Germany
• Asia Pacific
• India
• Central & South America
• Brazil
• Middle East & Africa
• UAE
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