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Disposable Cups Market Material Type (Plastic Cups, Polystyrene Foam Cups) Design Outlook (Printed Disposable Cups, Non-printed Disposable Cups) Molding Technology (Thermoformed Molding, Injection Molding) Capacity (Less than 200 ml, 200 to 400 ml, 400 to 600 ml, 600 to 1000 ml, More than 1000 ml) Application (Cold Drinks, Ice-creams, Hot Beverages, Dairy, Others) : Global Opportunity Analysis and Industry Forecast, 2020-2027

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Aug 2020 | 141 Views
 
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A disposable cup is a type of utensil used for beverage serving or packaging. It is a type of tableware that is made from paper, plastic, or foam. Disposable cups have become a leading choice for packaging and serving food and beverages because of their features like recyclability, lightweight, and other physical attributes. These disposable cups are meant for use and throw or recycle after a single-use. They are capable of holding both hot as well as cold beverage products, which has increased their demand in the market. These cups are becoming rapidly popular across the world because they are eco-friendly and reduces foodborne infections and diseases. The demand for disposable cups come from food canteens, industrial canteen, restaurants, coffee or tea shop, fast food, IT companies, educational institutions, supermarkets, health clubs, and event organizers. Every year more than 500 billion disposable cups are used all over the globe.

 

Market scope and structure analysis:

                   Report Metric

                                            Details

  Market size available for years

  2020–2027

  Base year considered

  2019

  Forecast period

  2021–2027

  Forecast units

  Value ($US)

  Segments covered

Material Type, Design Outlook, Molding Technology, Capacity, Application, End User, and Region

  Regions covered

North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Malaysia, Thailand, Indonesia, and Rest of Asia-Pacific), LAMEA (Middle East, Brazil, and Rest of LAMEA)

  Companies covered

Eco Products Inc., Berry Plastics Corporation, Dart Container Corporation, Solo Cup Company, Pactiv LLC, Churchill Container, Geoclima, Greiner Packaging GmbH, ConverPack Paper Cup Company, Benders Paper Cups, FrugalPac Limited, James Cropper Plc., Huhtamaki Oyj and Genpak LLC, Cosmoplast industries Co. (LLC), Kap Cones, and Lollicup.

 

COVID-19 Scenario Analysis: 

  • COVID-19 has decreased the growth of the market of disposable cups.
  • Disposable cups were highly used by hotels, restaurants, food retails, bars, railways, and airlines. The demand from all these end-users is witnessing a major downfall because of the lockdown situation.
  • Social events and gatherings like parties, and weddings demand disposable cups on a large scale, but the restriction on social gathering has hampered this demand.

Top Impacting Factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis

The key driver of the global disposable cup market is the combination of “throw-away” and “takeaway” culture in the foodservice and associated sectors. In addition, rise in purchasing power, increase in disposable income, surge in per capita income, rapid urbanization, and changes in lifestyle & eating habits of people drive the market growth of the global disposable cups. In the ever-increasing busy schedule and hectic lifestyle of people, takeaway services are trending, which further increases the demand for new and improved disposable cups. Along with this, the easy availability of disposable cups in different sizes and colors drive its demand in marriages and other corporate events.

However, environmental concerns can be a reason for the sluggish growth of the global disposable cups market. 

Many companies coming with different variants of disposable cups, have started to develop disposable cups that are suitable for both hot and cold beverages. Also, global and regional players are investing in the
market, which is creating tremendous opportunities for the global disposable cups market.

The global disposable cup market trends are as follows:

Increase in Demand for Sustainability

Disposable cups manufacturing companies have started to look for alternatives to achieve sustainability in their business operations because of the environmental concerns and increase in stringent regulations set by the government regarding the use of plastic. This has increased the use of biopolymers in manufacturing disposable cups due to which the market is expected to gain traction. 

Key Segments Covered:

                 Segments

                                       Sub-segments

  Material Type

  • Plastic Cups
  • Polystyrene Foam Cups

  Design Outlook

  • Printed Disposable Cups
  • Non-printed Disposable Cups

  Molding Technology

  • Thermoformed Molding
  • Injection Molding

  Capacity

  • Less than 200 ml
  • 200 to 400 ml
  • 400 to 600 ml
  • 600 to 1000 ml
  • More than 1000 ml

  Application

  • Cold Drinks
  • Ice-creams
  • Hot Beverages
  • Dairy
  • Others

  End User

  • Hotels
  • Restaurants
  • Households
  • Food Retails
  • Offices
  • Bars
  • Railways and Airlines
  • Others

 

Key Benefits of the Report:

  • This study presents the analytical depiction of the global disposable cups industry 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 global disposable cups market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the global disposable cups market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed global disposable cups market analysis based on competitive intensity and how the competition will take shape in the coming years. 

Questions Answered in the Disposable Cups Market Research Report:

  • What are the leading market players active in the disposable cups market?
  • What the current trends will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What future projections would help in taking further strategic steps?
 
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