Disposable Cups Market size was valued at USD 12.59 Billion in 2023 and is anticipated to reach USD 29.38 Billion by the end of 2036, registering around 6.7% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of disposable cups is assessed at USD 13.4 Billion.The growth of the market is primarily attributed to the good thermal properties of disposable cups which make them ideal to serve hot and cold beverages. For instance, since, plastic, paper, and foam all have low thermal effusively and relatively low thermal conductivity, which make them perfect for retaining hot beverages as they remain cold to the touch even when packed with boiling hot liquid.
Disposable cups are environmentally friendly and minimize the risk of foodborne diseases and infections. Disposable cups have grown in popularity in recent years. Consumers' desire for convenience is expected to drive the demand for disposable cups over the forecast period. For instance, each year approximately 51 billion coffee cups are being used and thrown away in the United States. Besides, the rising consumption of tea, coffee, and fruit juices according to the season, growing food trucks, institutions and organizations are expected to fuel the disposable paper cups market growth.
Author Credits: Abhishek Anil
Copyright © 2024 Research Nester. All Rights Reserved
FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.
Have questions before ordering this report?