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Paper Cups Market Trends

  • Report ID: 3486
  • Published Date: Aug 27, 2024
  • Report Format: PDF, PPT

Paper Cups Market Trends

Growth Drivers

  • Increasing Use of Paper Cups in Fast-food Industry
  • Increasing Environmental Awareness Amongst People

Challenges

  • Slow Adoption Rate, especially in Remote Areas
  • Use of Harmful Chemicals in Manufacturing Paper Cups

Paper Cups Market: Key Insights

Base Year

2023

Forecast Year

2024–2036

CAGR

2.8%

Base Year Market Size (2023)

USD 10.31 billion

Forecast Year Market Size (2036)

USD 14.76 billion

Regional Scope
  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Author Credits:  Abhishek Anil


  • Report ID: 3486
  • Published Date: Aug 27, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of paper cups is estimated at USD 10.54 billion.

Paper Cups Market size was valued at USD 10.31 billion in 2023 and is set to exceed USD 14.76 billion by 2036, registering over 2.8% CAGR during the forecast period i.e., between 2024-2036. Eco-friendly nature of paper cups, along with increasing application in food and beverages industry will boost the market growth.

North America is predicted to hold largest revenue share by 2036, owing to growing fast-food industry in the U.S.

The major players in the market are Pactiv Evergreen LLC, Frugalpac Limited, Ecologic Brands Inc., JUST Goods, Inc., Choose Packaging, Nippon Paper Industries Co., Ltd., Genpak, LLC, WestRock Co., Coveris Holding S.A, and others.
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