Disposable Cups Market Size & Forecast Report, 2015 - 2025

Synopsis:

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 markets 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 is expected to additionally motivate the demand.

The disposable cup is a category of one-use tableware. It is utilized to serve as well as pack 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 choices for serving and packing beverages and foodstuff items. These cups are proficient in holding together cold as well as hot beverages. This has augmented their demand in the businesses of food & beverages. The low-slung price of disposable cups and easily obtainability have prepared them additional popularity between the businesses of food & beverages. On the other hand, disposable cups are prepared of plastic that has raised the query regarding the influence on the environment due to the discarding of plastic cups.

Drivers:

The global disposable cups industry is motivated by numerous structures of those cups for example low price, lightweight, recyclability, and additional physical characteristics. These characteristics are likely to increase the demand for these cups during the close upcoming. An increasing inclination for outdoor eating, growing per capita earnings, the increasing middle class are some most important motivating factors for the development of the global market for disposable cups. Additionally, the arrival of new-fangled food courts and restaurants is anticipated to boost the global market for disposable cups.

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 them during nearby prospects. Moreover to, increasing ingestion of fast food and inclination for taking away food owing to the speedy way of life of the customers are estimated to add to the development of the global disposable cup market during the close future. These cups are prepared of bio-plastic materials and additional such types of materials. This is also expected to boost the demand for disposable cups during the period of forecast.

Restraints:

On the other hand, some categories of disposable cups are manufactured using plastic and producing harm to the surroundings by way of disposing left-over plastic cups and growing manufacture of these plastic cups. Additionally, these issues are estimated to obstruct the development of the global disposable cups industry for the period of forecast.

Classification:

The global disposable cups market can be classified by End-Use, Material, Size, Design, and Region. By End Use, it can be classified as Food & Beverage Outlets, Restaurants, Residential & Corporate Parties, Household Purposes, Airlines and Railways, Bars, Offices, Coffee & Tea Market, Ice Creams and Others. By Material, it can be classified as Foam, Paper, and Plastic. By Size, it can be classified as: > 1000ml, 600 ml to 1000 ml, 400 ml to 600 ml, 200 ml to 400 ml and < 200ml. By Design, it can be classified as Non-Printed Cups, Printed Cups.

Regional Lookout:

By Region, the global disposable cup industry can be classified as North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa. Due to the growing number of coffee shoppers within the region, North America was projected to be the biggest market in 2018. During that year the U.S.A. detained the biggest share of the market, which was almost 90.0%. Altering way of life and increasing awareness regarding fitness is expected to boost the market. The increasing figure of food chains and cafes in the nation is fascinating billions of clienteles to drink coffee and additional beverages on the move. There are over 32000 coffee shops in the only U.S.A. that produce waste of around 25 billion coffee cups.

The Asia Pacific is expected to observe a speedy development during the period of forecast. Growing metropolitan residents, altering practices of food consumption, increasing per capita earnings and inaugural of numerous chain restaurants and channels for intercontinental food are some of the most important reasons motivating the provincial development of the market for disposable cups.

Companies:

Some of the important companies for the 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.

Market Segment:

Disposable Cups Material Outlook (Revenue, USD Billion, 2015 - 2025)
    • Paper
    • Plastic
    • Foam

Disposable Cups End-Use Outlook (Revenue, USD Billion, 2015 - 2025)
    • Corporate & Residential Parties
    • Restaurants & Food Outlets
    • Others

Disposable Cups Regional Outlook (Revenue, USD Billion, 2015 - 2025)
    • North America
        • U.S.
    • Europe
        • France
        • Germany
    • the Asia Pacific
        • India
    • Central & South America
        • Brazil
    • Middle East & Africa
        • UAE