Global Disposable Paper Cup Markets, 2021-2028: Growing Development of Plastic-Free and 100% Recyclable Paper Cups – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Disposable Paper Cups Market Forecast to 2028 – Impact of COVID-19 and Global Analysis by Material (Insulated Air Pocket, Poly Coated Paper, Wax Coated Paper and Others) and End User (Food Service, retail and institutional and industrial)” report has been added to from ResearchAndMarkets.com offer.

Disposable Paper Cups Market was valued at USD 8,714.28 Million in 2021 and is projected to reach USD 11,039.14 Million by 2028; it is expected to grow at a CAGR of 3.4% from 2021 to 2028.

Growing preference for take-out services and online food delivery services, due to convenience and an increase in internet penetration, is driving the restaurant industry. This, in turn, is propelling the growth of the disposable paper cups market in both developed and developing countries.

In recent years, there has been a growing trend towards on-the-go beverages and on-the-go beverages like coffee, sodas, and thick shakes, due to changing customer eating habits. A significant number of people prefer to have coffee or tea with breakfast, after lunch and in the evening to recharge their batteries. People in companies who work long hours largely prefer to have tea or coffee during their working hours.

Due to these factors, the demand for takeaway coffee and tea has increased significantly. Therefore, with the growing number of tea and coffee lovers, the demand for disposable paper cups is increasing rapidly.

The COVID-19 pandemic has restricted the operations of many industries and hampered several businesses around the world. However, the pandemic has had a positive impact on the disposable paper cups market and has accelerated the demand for disposable tableware including plates, cups and bowls due to rising hygiene concerns among the population. .

People have been limited to sharing belongings with others, including food, to avoid COVID-19 infections. However, the shortage of raw material supply had affected the production of disposable paper cups. Additionally, government shutdowns and the increasing shift to working from home have significantly affected the demand for disposable paper cups.

Huhtamaki; Dart Container Corporation; Duni Group; Graphic Packaging International, LLC; F Bender Limited; Seda International Packing Group; CEE Schisler Packaging Solutions; Phoenix Group; SCG PACKAGING; and Reynolds Group Ltd are some of the key players operating in the disposable paper cups market.

Key market dynamics

Market factors

  • Growing demand from the catering sector

  • Regulations to promote the use of paper-based solutions

Market constraints

  • Disposable paper cup recyclability issues

Market opportunities

  • Growing hygiene concerns due to the ongoing COVID-19 pandemic

Future trends

  • Growing development of plastic-free and 100% recyclable paper cups

Company Profiles

  • Huhtamaki

  • Dart Container Corporation

  • Duni Group

  • International Graphic Packaging, LLC

  • F Bender Limited

  • Seda International Packaging Group

  • EWC Schisler Packaging Solutions

  • Phoenix Group

  • CGS PACKAGING

  • Reynolds Group Ltd.

For more information on this report, visit https://www.researchandmarkets.com/r/g7pu15

Sara H. Byrd