Biodegradable Cups Market: Global Opportunity Analysis and Industry Forecast, 2020-2027
A08475 | Pages: NA | Feb 2021 | 39 Views | | |
Author(s) : NA | Tables: NA | Charts: NA | Formats*: | |
COVID-19
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Biodegradable Cups Market: Global Opportunity Analysis and Industry Forecast, 2020-2027
Request Now !Biodegradable substances are the materials that are able to decay naturally by the action of microorganisms. The biodegradable cups are made of the PLA coating, sugarcane starch, wheat straws, corn, and paper that can effectively disposed and recycled. The PLA coating is also known as poly-lactic acid that is derived from renewable and biodegradable materials. The manufacturers are improving the value added features of the biodegradable cups such as heat resistance, heat sealing, and water based elements that pose no risk for environment. The biodegradable cups are categorized into two types such as biodegradable paper cups and biodegradable plastic cups.
Market scope and structure
Report Metric | Details |
 Market size available for years |  2019–2027 |
 Base year considered |  2019 |
 Forecast period |  2020–2027 |
 Forecast units |  Value (USD) |
 Segments covered |  Application, type, industry vertical and Region |
 Companies covered | Huhtamaki Oyj, Colpac Ltd., Benders Paper Cup Company, Fabri-Kal, World Centric, Bio Futura B.V., Genpak, LLC, Dart Container Corporation, Pactiv LLC, and Lollicup USA Inc. |
Â
Geographies covered | |||
North America | Europe | Asia Pacific | LAMEA |
US, Canada, and Mexico | Germany, France, UK, Italy and the Rest of Europe | China, Japan, India, South Korea and the Rest of Asia Pacific | Latin America, Middle East, and Africa |
COVID-19 scenario analysis:
- The demand for the biodegradable cups is expected to decrease in 2020 due to lockdown imposed by the government and low demand from Food & beverages industry.
- COVID-19 crisis is likely to affect the biodegradable cups industry negatively, as a result of halted manufacturing and massive reduction in demand for luxury and non-essential services globally.
- COVID-19 crisis had a mixed impact on the packaging industry, mainly due to closure of physical retail stores globally. However, the availability of online retailing has absorbed the high impact of this shutdown.
- The requirement of eCommerce specific packaging is likely to remain strong, although the ecommerce companies would have to focus on protection of goods and sanitization of packages.Â
- In addition, the food packaging industry is on the frontline within the global packaging market, owing to the demand for essential products such as groceries and fresh food mainly from local e-retail sites.Â
- Industrial, transportation, and bulk packaging has faced a sharp decline, owing to decreased demand for non-essential goods during the first two quarters of 2020.Â
- Owing to the lowered disposable income of maximum population and weak demand for packaging from industrial goods, the packaging industry might face significant pressure of reduction in both wholesale as well as retail costs.Â
- Consumers are likely to stay hesitant for consumption of luxury products, travel, and hospitality services, which is expected to hinder the packaging industry growth in the future after the COVID-19 crisis.Â
Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis
The increase in demand for the compact electronic components and semiconductors that reduce the sizes of electronic devices is expected to fuel the growth of the biodegradable cups market. The increase in demand for the eco-friendly solution in the food & beverages packaging has created a positive impact in the biodegradable cups market. The rise in awareness regarding the hazardous effects of plastic cups on the environment has increased the demand for the biodegradable cups owing to their eco-friendly nature. The government stringent regulations to reduce the usage of plastics has led to the increase in consumption for biodegradable cups among the customers. The biodegradable cups are made from paper, corn, sugarcane and wheat straws which are renewable sources in-comparison to the traditional plastic cups that are made of non-renewable sources. Thus, the eco-friendly nature of biodegradable cups drives the growth of the biodegradable cups market. The increase in plastic wastes in the landfills and oceans is expected to boost the demand for biodegradable cups owing to their recyclable and composting properties. The biodegradable plastic cups use 65% of less energy than the traditional oil based plastic cups, which in turn drives the market of biodegradable cups. However, the substantial amount of fertilizers used along with chemical process that turns organic substances into biodegradable plastic cups can hamper the growth of the market. On the other hand, the manufacturers are adopting new technologies and alternatives for the production of biodegradable cups, which in turn provides new pathways to the biodegradable cups market.
New product launches to flourish the market
The advanced biodegradable cups that use recyclable material and PLA films has been a replacement for the traditional petroleum based plastic cups. In the past few years, many such products having unique features were launched in the market. In January 2020, one of the global leaders in biodegradable cups, Lavazza Professional, has launched a new KLIX ECO cup. The product is specially designed for the vending machines that serves hot and cold beverages. The use of this product reduces the environment impact by 2/3 in comparison to PE lining plastic cups. The product is made of water soluble coating, which can be easily disposed and recycled.
High demand from applications:
The biodegradable cups are used in the food & beverages industry for the packaging of hot and cold beverages and other food materials. The biodegradable cups are processed in four stages that are gathering materials, producing paperboard, coating PLA film, and manufacturing of paper cup. The manufacturers are introducing new paperboard designs for the biodegradable paper cups that can be effectively recycled. The biodegradable plastic cups have the PLA coating that makes them easy for composting and recyclable than the traditional plastic cups which has PE coating that are not decomposed. The biodegradable plastic coffee cups can be decomposed in the industrial compost where it takes less than 30 days to decay. The biodegradable paperboard cups are decomposed in the industrial compost within 10 days with temperature of 65 degree Celsius. The PLA coated cups are a viable solution to the landfill issues as it is a made of recyclable materials such as corn starch, sugarcane and wheat straws. The biodegradable cold cups are usually made of bio-plastics. The bio-plastics are used in production of crockery, packaging, cutlery, bowls and straws.
Key segments covered:
Segments | Sub-segments |
 Product Type |
|
 Application |
|
 Capacity |
|
Â
Key benefits of the report:
- This study presents the analytical depiction of the biodegradable cups market along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the biodegradable cups market share.
- The current market is quantitatively analyzed from 2020 to 2027 to highlight the biodegradable cups market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.Â
- The report provides a detailed Market analysis based on competitive intensity and how the competition will take shape in coming years.Â
We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:
- Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
- Technologically sophisticated and reliable insights through well audited and veracious research methodology
- Sovereign research proceeds that present a tangible depiction of marketplace
With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.
Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, web-casts and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast
Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develops analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth and forecasts
Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:
- Chief executives and VPs of leading corporations specific to industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)
Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
Access from any device, anywhere
Clients can easily download both quantitative as well as
qualitative reports in PDF and excel formats.
REQUEST TOC/SAMPLE
Purchase Full Report of
Biodegradable Cups Market: Global Opportunity Analysis and Industry Forecast, 2020-2027
- Online Only
-
$3,456$3,110 - Online cloud access only
- Restricted print, copy, paste & download
- Read only
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Data Pack
-
$3,840$3,456 - Restricted to one authorized user
- One print only
- Available in
Excel - Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Single User
-
$5,769$5,192 - Restricted to one authorized user
- One print only
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Five Users
-
$6,450$5,805 - Limited to five authorized users
- Print upto five copies
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
-
Enterprise
License/PDF -
$8,995$8,096 - Unlimited
within
company/enterprise - Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Library Membership
- $ 699/mo
- Published Content
E-access - Company Profiles
E-access - Newly Added Content Access
- 10 PDF
Downloads - 5 Excel Data
Pack Downloads - 250 Company Profiles PDF Downloads
-
Start reading.
Buy Now
This title and over 12,000+ are available on the Avenue Library. T&C*.
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
Why Allied Market Research?
Infallible Methodology
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
Analyst Support
For complete satisfaction
Customization
On-demand customization of scope of the report to exactly meet your needs
TARGETED MARKET VIEW
Targeted market view to provide pertinent information and save time of readers
Featured Reports
Get fresh content delivered
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.
Why Allied Market Research?
Infallible Methodology
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
Analyst Support
For complete satisfaction
Customization
On-demand customization of scope of the report to exactly meet your needs
TARGETED MARKET VIEW
Targeted market view to provide pertinent information and save time of readers