Paper Cups Market Size is projected to reach USD 17.36 billion by 2031, growing at a CAGR of 3.64%: Straits Research

The paper cups market size was valued at USD 12.58 billion in 2022. It is projected to reach USD 17.36 billion by 2031, growing at a CAGR of 3.64% during the forecast period (2023-2031). North America is the most significant revenue contributor and is expected to grow at a CAGR of 3.68% during the forecast period

| Source: Straits Research Straits Research

New York, United States, Aug. 01, 2023 (GLOBE NEWSWIRE) -- Paper cups are a type of disposable cups used for consuming food and beverages such as tea, coffee, soft drinks, and soups. These cups are coated with polyethylene, the most widely used plastic resin, which improves their performance and toughness by inhibiting flavor-retaining absorption of condensed moisture. Consumers nowadays use paper cups to save time and effort with their hectic lifestyles and busy schedules because they do not need to be cleaned and can be tossed away after use. The growing international trend of takeaway services and ready-to-eat food has also impacted the demand for paper cups.


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Rising Demand for On-The-Go Consumption Beverages Drives the Global Market

With increased active schedules, busy lifestyles, and high expectations, customers are looking for the convenience of single-serve, on-the-go, and functional packaging to complement their refreshment intake patterns. The beverage industry is projected to impact the paper cup carrier market substantially. Various well-known companies are developing paper cup carriers to satisfy the expanding demand for beverages eaten on the go in different regions. Additionally, purchasing beverages for home delivery and takeaway has grown in popularity.

Similarly, cup carriers that are fashionable and strong are in high demand. As mobility improves and more people start traveling again, demand for food categories convenient to consume on-the-go, such as drinks and milkshakes, is growing. These products' sales often depend on customers leaving their homes to purchase single-serve packs, and they significantly correlate with consumption outside the home. A single-cup coffee brewing device will be owned by 40% of American consumers by 2020, up from 29% in 2016, per a National Coffee Association study. The market under consideration should grow more quickly due to these factors.

Recent Innovations Aiding Shelf-Life Creates Tremendous Opportunities 

Disposable Paper cups are anticipated to replace plastic bottles as a common type of packaging since they may prolong the shelf life of products and maintain the freshness of beverage items. As a result, disposable paper cups have gained widespread acceptability as a dependable substitute for other types. It is predicted that demand and customer acceptance will continue to rise. Manufacturers have created new barrier and seal technologies for paper cups and technical advancements to keep food fresh throughout the supply chain in response to the increased beverage consumption.

Using biodegradable composite materials in producing paper cups will drive the market since it will considerably increase the product's shelf life and enable it to be used by various end users. The JcFoodpack Bio paper Soup cup is made of a board of biodegradable kraft, bamboo, or enamel paper with a PE liner. Hot soups, porridge, spaghetti, frozen foods like ice cream or yogurt, and other snacks are frequently used.


Report Scope

Report MetricDetails
Market Size by 2031USD 17.36 billion
Market Size in 2022USD 12.58 billion
CAGR3.64%
Historical Data2020-2021
Base Year2022
Forecast Period2023-2031
Forecast UnitsValue (USD Billion)
Report CoverageRevenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments CoveredCup Type, End-User Industry, Wall Type
Geographies CoveredNorth America, Europe, Asia-Pacific, LAME and Rest of the World
Key Companies Profiled/VendorsGraphic Packaging International, Dart Container Corporation, Konie Cups International Inc, Huhtamaki OYJ, Kap Cones Private Limited, Eco-products Inc, Waddington (North America), Phoenix Packaging Operations LLC, Detmold Group, Benders Paper Cups, Georgia Pacific LLC (Koch Industries Inc)
Key Market OpportunitiesRecent Innovations
Key Market DriversRising Demand for On-The-Go Consumption Beverages

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Regional Analysis 

North America is the most significant revenue contributor and is expected to grow at a CAGR of 3.68% during the forecast period. It is predicted that increasing consumer awareness and supportive government legislation will fuel demand for biodegradable packaging in North America. The U.S. Environmental Protection Agency estimates that the US produces close to 80 million metric tons of packaging waste annually. Food and drink products make up around half of the packaging trash in the US. The organization stated that food companies like Nestle and Unilever produce most plastic garbage.

Additionally, Canada is urging action to reduce plastic waste as it faces a growing plastic waste problem. It has gained popularity in recent years. Furthermore, the International Institute for Sustainable Development claims that Canada's existing system for managing plastic waste results in a loss of nearly CAD 8 billion, which is predicted to rise to over CAD 11 billion by 2030, posing a grave threat to both the economy and the environment. By 2025, Kroger Co. said it would stop using plastic bags in its more than 2,800 company-owned shops. 6 billion single-use bags are distributed annually by the enormous grocery chain. To convince all of its customers to switch to reusable bags over the next seven years, Kroger said it would start by providing paper bags instead of plastic ones and charge between USD 1 and USD 2 per bag, depending on the market.

Europe is expected to grow at a CAGR of 4.58% during the forecast period. According to the Europe Paper Packaging Alliances, paper cups may be recycled and used to create new paper goods all around Europe, making them a part of the circular economy. The EPPA is committed to increasing recycling rates by working with various parties along the value chain. Such government initiatives will encourage the local population to utilize paper cups. A kilogram of coffee makes 130 single-shot coffees, with 35 billion cups used in Europe yearly. This implies that one of the primary factors in the acceptability was the necessity of using paper cups for coffee while driving. To comply with EU regulations, the Dutch intend to stop using plastic coffee cups in 2023. While the packaging of ready-to-eat (RTE) meals will be outlawed in 2024, this will also disrupt the custom of serving RTEs in paper cups. New companies are also entering the market for serving things in biodegradable packaging.

Key Highlights

  • The global paper cups market size is projected to reach USD 17.36 billion by 2031, growing at a CAGR of 3.64% during the forecast period (2023-2031). 
  • Based on cup type, the global paper cups market is bifurcated into hot paper cups and cold paper cups. The hot paper cups segment is the highest contributor to the market and is estimated to grow at a CAGR of 3.82% during the forecast period.
  • Based on the end-user industry, the global paper cups market is bifurcated into quick-service restaurants, institutional, and other end-users. The quick-service restaurants' segment is the highest contributor to the market and is estimated to grow at a CAGR of 4.21% during the forecast period.
  • Based on wall type, the global paper cups market is bifurcated into single wall paper cups, double wall paper cups, and triple wall paper cups. The double wall paper cups segment is the highest contributor to the market and is estimated to grow at a CAGR of 4.05% during the forecast period.
  • North America is the most significant revenue contributor and is expected to grow at a CAGR of 3.68% during the forecast period.

The global paper cups market’s major key players are

  • Graphic Packaging International
  • Dart Container Corporation
  • Konie Cups International Inc.
  • Huhtamaki OYJ
  • Kap Cones Private Limited
  • Eco-products Inc. (Waddington North America)
  • Phoenix Packaging Operations LLC
  • Detmold Group
  • Benders Paper Cups
  • Georgia Pacific LLC (Koch Industries Inc.).


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Global Paper Cups Market: Segmentation

By Cup Type

  • Hot Paper Cups
  • Cold Paper Cups

By End-User Industry

  • Quick Service Restaurants
  • Institutional
  • Other End-Users

By Wall Type

  • Single Wall Paper Cups
  • Double Wall Paper Cups
  • Triple Wall Paper Cups

By Regions

  • North America
  • Europe
  • Asia-Pacific
  • LAMEA


TABLE OF CONTENT

  1. EXECUTIVE SUMMARY
  2. RESEARCH SCOPE & SEGMENTATION
    1. Research Objectives
    2. Market Definition
    3. Limitations & Assumptions
    4. Market Scope & Segmentation
    5. Currency & Pricing Considered
  3. MARKET OPPORTUNITY ASSESSMENT
    1. Emerging Regions / Countries
    2. Emerging Companies
    3. Emerging Applications / End Use
    4. Investment Landscape
    5. New Business Models / Revenue Streams
    6. TAM
  4. MARKET TRENDS
    1. Drivers
    2. Market Warning Factors
    3. Latest Macro Economic Indicators
    4. Geopolitical Impact
    5. Human Factors
    6. Technology Factors
  5. MARKET ASSESSMENT
    1. Porters Five Forces Analysis
    2. Value Chain Analysis
    3. Raw Material Analysis
    4. Sales And Distribution Channel Analysis
    5. Trade Analysis
    6. Patent Analysis
    7. M & A Agreements & Collabration Analysis
    8. Export Import Analysis
    9. Cost Structure Analysis
  6. ESG TRENDS
  7. GLOBAL PAPER CUPS MARKET SIZE ANALYSIS
    1. Global Paper Cups Market Introduction
    2. By Cup Type
      1. Introduction
        1. Cup Type By Value
      2. Hot Paper Cups
        1. By Value
      3. Cold Paper Cups
        1. By Value
    3. By End-User Industry
      1. Introduction
        1. End-User Industry By Value
      2. Quick Service Restaurants
        1. By Value
      3. Institutional
        1. By Value
      4. Other End-Users
        1. By Value
    4. By Wall Type
      1. Introduction
        1. Wall Type By Value
      2. Single Wall Paper Cups
        1. By Value
      3. Double Wall Paper Cups
        1. By Value
      4. Triple Wall Paper Cup
        1. By Value
  8. NORTH AMERICA MARKET ANALYSIS
    1. Introduction
    2. By Cup Type
      1. Introduction
        1. Cup Type By Value
      2. Hot Paper Cups
        1. By Value
      3. Cold Paper Cups
        1. By Value
    3. By End-User Industry
      1. Introduction
        1. End-User Industry By Value
      2. Quick Service Restaurants
        1. By Value
      3. Institutional
        1. By Value
      4. Other End-Users
        1. By Value
    4. By Wall Type
      1. Introduction
        1. Wall Type By Value
      2. Single Wall Paper Cups
        1. By Value
      3. Double Wall Paper Cups
        1. By Value
      4. Triple Wall Paper Cup
        1. By Value
    5. U.S.
      1. By Cup Type
        1. Introduction
          1. Cup Type By Value
        2. Hot Paper Cups
          1. By Value
        3. Cold Paper Cups
          1. By Value
      2. By End-User Industry
        1. Introduction
          1. End-User Industry By Value
        2. Quick Service Restaurants
          1. By Value
        3. Institutional
          1. By Value
        4. Other End-Users
          1. By Value
      3. By Wall Type
        1. Introduction
          1. Wall Type By Value
        2. Single Wall Paper Cups
          1. By Value
        3. Double Wall Paper Cups
          1. By Value
        4. Triple Wall Paper Cup
          1. By Value
    6. Canada
  9. EUROPE MARKET ANALYSIS
    1. Introduction
    2. By Cup Type
      1. Introduction
        1. Cup Type By Value
      2. Hot Paper Cups
        1. By Value
      3. Cold Paper Cups
        1. By Value
    3. By End-User Industry
      1. Introduction
        1. End-User Industry By Value
      2. Quick Service Restaurants
        1. By Value
      3. Institutional
        1. By Value
      4. Other End-Users
        1. By Value
    4. By Wall Type
      1. Introduction
        1. Wall Type By Value
      2. Single Wall Paper Cups
        1. By Value
      3. Double Wall Paper Cups
        1. By Value
      4. Triple Wall Paper Cup
        1. By Value
    5. U.K.
      1. By Cup Type
        1. Introduction
          1. Cup Type By Value
        2. Hot Paper Cups
          1. By Value
        3. Cold Paper Cups
          1. By Value
      2. By End-User Industry
        1. Introduction
          1. End-User Industry By Value
        2. Quick Service Restaurants
          1. By Value
        3. Institutional
          1. By Value
        4. Other End-Users
          1. By Value
      3. By Wall Type
        1. Introduction
          1. Wall Type By Value
        2. Single Wall Paper Cups
          1. By Value
        3. Double Wall Paper Cups
          1. By Value
        4. Triple Wall Paper Cup
          1. By Value
    6. Germany
    7. France
    8. Spain
    9. Italy
    10. Russia
    11. Nordic
    12. Benelux
    13. Rest Of Europe
  10. APAC MARKET ANALYSIS
    1. Introduction
    2. By Cup Type
      1. Introduction
        1. Cup Type By Value
      2. Hot Paper Cups
        1. By Value
      3. Cold Paper Cups
        1. By Value
    3. By End-User Industry
      1. Introduction
        1. End-User Industry By Value
      2. Quick Service Restaurants
        1. By Value
      3. Institutional
        1. By Value
      4. Other End-Users
        1. By Value
    4. By Wall Type
      1. Introduction
        1. Wall Type By Value
      2. Single Wall Paper Cups
        1. By Value
      3. Double Wall Paper Cups
        1. By Value
      4. Triple Wall Paper Cup
        1. By Value
    5. China
      1. By Cup Type
        1. Introduction
          1. Cup Type By Value
        2. Hot Paper Cups
          1. By Value
        3. Cold Paper Cups
          1. By Value
      2. By End-User Industry
        1. Introduction
          1. End-User Industry By Value
        2. Quick Service Restaurants
          1. By Value
        3. Institutional
          1. By Value
        4. Other End-Users
          1. By Value
      3. By Wall Type
        1. Introduction
          1. Wall Type By Value
        2. Single Wall Paper Cups
          1. By Value
        3. Double Wall Paper Cups
          1. By Value
        4. Triple Wall Paper Cup
          1. By Value
    6. Korea
    7. Japan
    8. India
    9. Australia
    10. Taiwan
    11. South East Asia
    12. Rest Of Asia-Pacific
  11. MIDDLE EAST AND AFRICA MARKET ANALYSIS
    1. Introduction
    2. By Cup Type
      1. Introduction
        1. Cup Type By Value
      2. Hot Paper Cups
        1. By Value
      3. Cold Paper Cups
        1. By Value
    3. By End-User Industry
      1. Introduction
        1. End-User Industry By Value
      2. Quick Service Restaurants
        1. By Value
      3. Institutional
        1. By Value
      4. Other End-Users
        1. By Value
    4. By Wall Type
      1. Introduction
        1. Wall Type By Value
      2. Single Wall Paper Cups
        1. By Value
      3. Double Wall Paper Cups
        1. By Value
      4. Triple Wall Paper Cup
        1. By Value
    5. UAE
      1. By Cup Type
        1. Introduction
          1. Cup Type By Value
        2. Hot Paper Cups
          1. By Value
        3. Cold Paper Cups
          1. By Value
      2. By End-User Industry
        1. Introduction
          1. End-User Industry By Value
        2. Quick Service Restaurants
          1. By Value
        3. Institutional
          1. By Value
        4. Other End-Users
          1. By Value
      3. By Wall Type
        1. Introduction
          1. Wall Type By Value
        2. Single Wall Paper Cups
          1. By Value
        3. Double Wall Paper Cups
          1. By Value
        4. Triple Wall Paper Cup
          1. By Value
    6. Turkey
    7. Saudi Arabia
    8. South Africa
    9. Egypt
    10. Nigeria
    11. Rest Of MEA
  12. LATAM MARKET ANALYSIS
    1. Introduction
    2. By Cup Type
      1. Introduction
        1. Cup Type By Value
      2. Hot Paper Cups
        1. By Value
      3. Cold Paper Cups
        1. By Value
    3. By End-User Industry
      1. Introduction
        1. End-User Industry By Value
      2. Quick Service Restaurants
        1. By Value
      3. Institutional
        1. By Value
      4. Other End-Users
        1. By Value
    4. By Wall Type
      1. Introduction
        1. Wall Type By Value
      2. Single Wall Paper Cups
        1. By Value
      3. Double Wall Paper Cups
        1. By Value
      4. Triple Wall Paper Cup
        1. By Value
    5. Brazil
      1. By Cup Type
        1. Introduction
          1. Cup Type By Value
        2. Hot Paper Cups
          1. By Value
        3. Cold Paper Cups
          1. By Value
      2. By End-User Industry
        1. Introduction
          1. End-User Industry By Value
        2. Quick Service Restaurants
          1. By Value
        3. Institutional
          1. By Value
        4. Other End-Users
          1. By Value
      3. By Wall Type
        1. Introduction
          1. Wall Type By Value
        2. Single Wall Paper Cups
          1. By Value
        3. Double Wall Paper Cups
          1. By Value
        4. Triple Wall Paper Cup
          1. By Value
    6. Mexico
    7. Argentina
    8. Chile
    9. Colombia
    10. Rest Of LATAM
  13. COMPETITIVE ASSESSMENT
    1. Adoption Matrix
    2. Paper Cups Market Share By Manufacturers
    3. Paper Cups Market Ranking By Revenue For Manufacturers
    4. Average Price By Manufacturers
    5. Vendor Footprint Analysis
  14. MARKET PLAYERS ASSESSMENT
    1. Graphic Packaging International
      1. Overview
      2. Business Information
      3. Revenue
      4. ASP
      5. Gross Margin
      6. Swot Analysis
      7. Recent Developmments
    2. Dart Container Corporation
    3. Konie Cups International Inc
    4. Huhtamaki OYJ
    5. Kap Cones Private Limited
    6. Eco-Products Inc
    7. Waddington (North America)
    8. Phoenix Packaging Operations LLC
    9. Detmold Group
    10. Benders Paper Cups
    11. Georgia Pacific LLC (Koch Industries Inc)
  15. RESEARCH METHODOLOGY
    1. Research Data
      1. Secondary Data
        1. Major Secondary Sources
        2. Key Data From Secondary Sources
      2. Primary Data
        1. Key Data From Primary Sources
        2. Breakdown Of Primaries
      3. Secondary And Primary Research
        1. Key Industry Insights
    2. Market Size Estimation
      1. Bottom-Up Approach
      2. Top-Down Approach
      3. Market Projection
    3. Research Assumptions
      1. Assumptions
    4. Limitations
    5. Risk Assessment
  16. APPENDIX
    1. Discussion Guide
    2. Customization Options
    3. Related Reports
  17. DISCLAIMER


Table of Content and Figure @ https://straitsresearch.com/report/paper-cups-market/toc 


Market News

  • In September 2022, Huhtamaki and Stora Enso launched an industrial-scale recycling program for paper cups in Europe.
  • In November 2022, Graphic Packaging International provided boost to pharma industry with advanced pack serialization solutions.


News Media

Global Specialty Pulp and Paper Chemicals Market Grows Steadily at a CAGR of 4.12%


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Mot-clé

Paper Cups Market Size disposable cups Packing paper cups Paper Cups Market Share Paper Cups Market Growth Paper Cups Market

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