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The United States paper cups and paper plates market is being driven by the rising demand for environmentally-friendly products and the growing focus on reducing single-use plastics in the region. The thriving food and beverages industry is the major factor driving the regional industry growth. Further, escalating disposable incomes, improved living standards, and favourable government initiatives are significantly contributing to the industry growth. In the United States, many valuable collaborations, and growing research and development activities are leading the initiatives around greener cups, further making significant, tangible progress toward a greener future, which is further propelling the market growth. Some of the major players in the industry include Dart Container Corporation, and Graphic Packaging International, LLC.
The growing consumer preference for sustainable products that promote the circular economy and do not harm the environment is resulting in the development of enhanced variants by manufacturers, which is expected to aid the paper cups and paper plates industry in the United States further.
In March 2020, Starbucks Corporation (NASDAQ: SBUX), a leading chain of coffeehouses headquartered in Seattle, Washington, announced that the company is investing in the development of an alternative paper cup through its NextGen Cup Challenge, and will be testing several designs in select cities around the world. Through this initiative, the testing of compostable and recyclable cups will be held at five locations, that is, London, New York, San Francisco, Seattle, and Vancouver. Such developments are expected to aid the paper cups and paper plates market in the United States over the forecast period.
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The major players in the United States paper cups and paper plates market are Dart Container Corporation, Graphic Packaging International, LLC, and Georgia-Pacific LLC, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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