Paper Cups Market will reach at a CAGR of 4.0% from 2018 to 2027 - PowerPoint PPT Presentation

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Paper Cups Market will reach at a CAGR of 4.0% from 2018 to 2027


Detailed profiles of companies are also included in the global paper cups market report to evaluate their strategies, key product offerings, and recent developments. Key players operating in the global paper cups market include Georgia-Pacific LLC, Dart Container Corporation, Huhtamaki Oyj, – PowerPoint PPT presentation

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Title: Paper Cups Market will reach at a CAGR of 4.0% from 2018 to 2027

Paper Cups Market
  • March 2020

Report Id REP-GB-7591 Published On Nov
21,2018 Category Packaging
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Paper Cups Market Analysis
Anticipated to reach a valuation of approximately
US 8.4 Billion in 2019 and representing a
moderate year-on-year growth rate, the global
landscape for paper cups is expected to flourish,
considering the environment-friendly status
because of its decomposable and biodegradable
nature. Moreover, government regulations favoring
environmental benefits will fuel the widespread
adoption of paper cups, predicts Future Market
Insights in its recent study on the global paper
cups market. While the global sales revenue of
paper cups is anticipated to witness a modest
4.1 year-on-year growth, the market study by FMI
also estimates total volume consumption of paper
cups to reach approximately 309,890 units in
2019, a senior research analyst elaborates.
Foodservice Sector Goes Green The
foodservice sector is expected to witness
lucrative investment and innovation
opportunities, amidst the go-green trend,
wherein switching to environmentally conscious
serving options are more than a blind business
strategy. Manufacturers and brands are not just
simply replacing foam and plastic lining with
plant-based products or bioplastics it is also
being used as a way to be build brands. For
instance, Smart Planet Technologies new coating
formulation called EarthCoating for its new
reCUP is anticipated to remain fully compatible
with conventional paper recycling systems.
Paper Cups Market Analysis
  • A visible paradigm shift to sustainability,
    combined with government initiatives and
    regulations calling for reduced carbon footprint,
    is providing a robust push to the sales of
    eco-friendly paper cups, explains the senior
  • Key Insights from the Report on Global Paper Cups
  • North America and Western Europe paper cups
    market are expected to remain the most attractive
    through the forecast period of 2018-2027,
    considering elevating demand in institutes and
    public places.
  • Public places are anticipated to be the key
    revenue generators for the global paper cups
    market. Moreover, increased installations of
    intelligent vending machines in such public
    places will continue to drive paper cups market.
    Technologically advanced paper cups vending
    machines, also equipped with smart interaction
    options are projected to gain traction in North
    America, Europe, and Asia Pacific.
  • Regulations resonating with banning single-use
    plastic products, including the new French law
    demanding disposable tableware made of a least
    50 biologically-sourced materials that can be
    composted at home, could slow down the sales
    revenue of paper cups, considering plastic still
    accounts for over 27 of the global paper cups
    market, by material.

Paper Cups Market Analysis
Questions over recyclability of paper cups,
especially those lined with Polyethylene (PE)
continue to loom large, considering its complex
production process. Moreover, most coffee cups,
contaminated with liquid, end up not being
recycledcalling for special recycling plants.
However, manufacturers of paper cups are
increasingly replacing PE with Poly Lactic Acid
(PLA)a bioplastics, making paper cups completely
bio-degradable. On the basis of cup type, hot
beverage cups, holding nearly 60 percent of the
total market share, considering increasing demand
for beverages including tea and coffee.
Georgia-Pacific LLC, for instance, introduced a
double-walled paper cup for with air pockets, for
its hot beverages, to provide effective thermal
insulation to users. Hot paper cups with sleeves
are an emerging trend, to keep the users hands
well insulated. Moreover, brands are also using
hot paper cups sleeves, made of textured
paperboard, as an effective advertising tool in
the form of designs and logos. In terms of cup
capacity, 150 to 350 ml represents the largest
segment, representing nearly 47 percent of the
total market share.
Paper Cups Market Analysis
Key Trends Spotted in the Global Paper Cups
Market Consumer Convenience and On-the-Go Cups
continue to be critical growth driver.
Manufacturers of paper cups are increasingly
investing in expanding their product portfolios
to cater to the growing demand from on-the-go
consumer generation, with a visible shift in
designing, further resonating with consumer who
craves portability and convenience. Steady
development of vending machine technologies have
paved way for on-the-go cups, specifically for
coffee beverages. Manufactures are racing ahead
to enhance the aesthetic appeal of the paper cups
with increased emphasis on printed vending cups.
For instance, Huhtamaki recently developed a new
paper cup concept, which enhances its existing
line of premium paper cups. Multi-color printing,
increased focus on high quality printed designs,
and engraving are anticipated to drive the paper
cups consumption. Manufacturers are increasingly
adopting smart technologies including labels
and QR codes. For instance, Huhtamaki Oyj
launched a disposable paper cup called Adtone
cuphaving heat activated thermo chromic label
and a QR code.
Paper Cups Market Analysis
Competitive Landscape Analysis Forward Market
Strategy Analysis The global paper cups market
represents a highly fragmented landscape, with
tier-3 players including Genpack, LLC, Coveris
Holdings S.A, Lollicup USA, Inc, among,
contributing nearly 80-90 percent revenue to the
global paper cups market, superseding tier-1 and
tier-2 companies, contributing 5-10 percent
revenue share, each. As the intensity of
competition in the global paper cups market
remains high, manufacturers are projected to make
efforts to expand their product offering to set
their products apart from the competitors. Apart
from strategic collaborations, capacity expansion
is the key forward market strategy adopted by key
companies in global paper cups market. In August
2017, Dart Container Corporation invested over
US 40 Mn in Michigan U.S. for its new innovation
center, employing 136 people. Georgia-Pacific LL
is expanding its lumber production capacity along
with paper recycling capability to reduce
dependency on external supply of lumber for
converting into consumer products.
Paper Cups Market Analysis
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Paper Cups Market Analysis
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