Disposable Cups

Global Disposable Cups Market Size, Share & Trends Analysis Report by Material (Paper, Plastic, and Foam) and by Application (Food and Beverages) and Forecast, 2019-2025Global disposable cups market is projected to witness a considerable growth rate by exhibiting a significant CAGR during the forecast period. Disposable cups serve as the replacement of conventional glass-wares and ceramic cups. Changing lifestyle coupled with rising disposable income and rapid urbanization has resulted in the increased demand for takeaway food products. This, in turn, surges the demand for enhanced food and beverage packaging solutions. Factors propelling the growth of disposable cups market includes recyclable attributes and cost-effective solution for the packaging of food products. The rising number of food & beverages outlets across the globe is further escalating the growth of disposable cups, as per the consumer preference for health and hygiene.
The disposable cups market is segmented on the basis of material and application. Based on the material, the market is segmented into paper, plastic, and foam. Among these materials, the paper disposable cups segment is expected to show considerable growth in the market during the forecast period. The stringent regulations towards the use of plastic which have an adverse effect on the environment are one of the prime factors propelling the segmental growth in the market. According to Earth Day Network, the European Union announced to reduce the usage of plastic bags by 80% by 2019. This, in turn, is expected to propel the demand for paper-based disposable cups in the market. Based on application, the market is bifurcated into food and beverages. Beverages contribute a significant share in the disposable cups market during the forecast period as the disposable cups are convenient to use and carry. Growing demand for takeaway coffee is further accelerating the market share of disposable cups for beverages.
Geographically, the global disposable cups market is segmented into North America, Europe, Asia-Pacific, and Rest of the World. North America holds a significant share in the global disposable cups market. The changing lifestyles have led to the adoption of disposable cups in various restaurants and coffee outlets in the US. For instance, according to the study from the National Coffee Association, in the US, the gallons-per-capita consumption kept rising and predicted that the Americans would be drinking 26.8 gallons per person in 2018.
The key players operating in the global disposable cups market include Georgia-Pacific LLC, Huhtamaki Oyj, Berry Global, Inc., Genpak, LLC, Go-Pak Group, Graphic Packaging Holding Co., and Dart Container Corp. These companies are adopting several strategies, such as merger and acquisitions, touchpoint type launches, geographical expansion and collaboration, and partnership to expand market share across the globe.
Research Methodology
The market study of the global disposable cups market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity in our reports.
Secondary Sources Include:
• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.
The report is intended for food & beverage, and dairy industry for overall market analysis and competitive analysis. The report provides in-depth analysis on market size, intended quality of the service preferred by consumers. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation:
1. Global Disposable Cups Market Research and Analysis by Material
2. Global Disposable Cups Market Research and Analysis by Application
The Report Covers:
• Comprehensive research methodology of the global disposable cups market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the global disposable cups market.
• Insights about market determinants which are stimulating the global disposable cups market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.