Posted on 29 Nov 2018
Paper cups refer to cups made out of paper which have a coating of plastic or wax so as to make them liquid-resistant. As they are convenient, paper cups are used excessively in the consumption of food and beverages like tea, coffee, soft drinks, instant noodles, sweet corn, etc. According to a new report by Expert Market Research, global paper cups consumption reached 263 Billion units in 2018 and is further expected to reach 274 Billion units by 2024.
The global paper cups market is currently gaining momentum due to a number of factors. Paper cups are used extensively all over the world because they are environment-friendly, easy to use and have a higher biodegradability as compared to their plastic and polystyrene foam counterparts. Moreover, growing foodservice industry and rising health and hygiene consciousness among the consumers are also stimulating the growth of the paper cups market.
Key findings from the report:
Expert Market Research has analysed the global paper cups market according to type, end-use, major regions and top players:
Market breakup by Cup Type
Market breakup by End-use
Market breakup by Region
Expert Market Research (EMR) is a market research and consultancy firm providing syndicated and custom research along with consultancy services to a wide clientele base which includes Fortune 1000 companies as well as small and medium enterprises. With our tailored approach, the clients gain valuable and unbiased insights that help to improve their competitive edge and realize sustainable growth.
With a keen focus on the qualitative aspect as well as accuracy of the reports, we align our resources and services as per the client’s requirement and offer a flexible engagement model that best suits their needs. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical & Materials, Energy & Mining, Packaging and Agriculture.
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