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Paper Cups and Paper Plates Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Paper Cups and Paper Plates Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

  • August 2021
  • 107 pages
  • ID: 5175317
  • Format: PDF
  • IMARC Group

Summary

Table of Contents

The global paper cups and paper plates market reached a value of US$ 114.6 Billion in 2020. Looking forward, the analyst expects the market to exhibit stable growth during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end-use industries. These insights are included in the report as a major market contributor.

Paper cups and paper plates are made from paper-based materials and are often coated or lined with plastic or wax to prevent the contents from soaking through the paper. As consumers are nowadays becoming more sanitation and hygiene conscious, they prefer disposables over the reusable utensils. They are extensively used for serving food and beverages like tea, coffee, soft drinks, instant noodles and sweet corn. Currently, there is a wide variety of different paper cups and plates available in the market, which vary in size, form and texture.

On account of their lightweight, cost-effectiveness, biodegradability, and ability to provide air resistance, internal strength and stiffness, paper cups and paper plates are extensively being utilized in the food and beverage industry. Also, they do not require cleaning and can be easily discarded after use. Apart from this, there has been a rise in the influence of westernization and increasing fast food consumption in developing regions. This has led to an escalated demand for paper disposables for packing food and beverages. Besides this, paper cups and plates are significantly more biodegradable as compared to plastic and foam counterparts and tend to take lesser time to get decomposed. Moreover, manufacturers are also coming up with new strategies, such as advanced substrate technology, to prevent the contamination of packaged food items by grease and oxygen. This is projected to further augment the demand for paper cups and paper plates globally.

Global Paper Cups Market Breakup:
Product Type
Hot Paper Cups
Cold Paper Cups

Currently, hot paper cups exhibit a clear dominance in the market, holding the largest market share.

Wall Type
Single Wall
Double Wall

At present, single walled paper cups represent the leading segment with the majority of the market share.

Global Paper Plates Market Breakup:
Product Type
Heavy-duty paper plates
Medium-duty paper plates

Amongst these, heavy duty paper plates are the most popular product type across the globe.

Regional Insights:
Asia Pacific
North America
Europe
Middle East and Africa
Latin America

Region-wise, Asia Pacific enjoys the leading position in the market, accounting for the largest market share.

Competitive Landscape:
The market is highly fragmented in nature with the presence of numerous small and large manufacturers who compete in terms of prices and quality. Some of the leading players operating in the market are:

Huhtamäki Oyj
Benders Paper Cup Company
The International Paper Company
Dart Container Corporation
Go-Pak UK Ltd.

Key Questions Answered in This Report:
How has the global paper cups and paper plates market performed so far and how will it perform in the coming years?
What are the key regional markets in the industry?
What has been the impact of COVID-19 on the global paper cups and paper plates industry?
What are the major types of paper cups and paper plates?
What are the popular wall types of paper cups?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the industry and who are the key players?
What is the degree of competition in the industry?
How are paper cups and paper plates manufactured?
What are the various unit operations involved in a paper cups and paper plates manufacturing plant?

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