Global Paper Cups Market: By Type: Paper Cups, Polystyrene Foam, Plastic Cups; By Application: Tea and Coffee, Other Food & Beverages, Chilled Food & Beverages; By Region: North America, Europe, Asia Pacific, LATAM, Middle East & Africa; Historical Supply and Demand (2014-2018); Supply and Demand Forecast (2019-2024); Competitive Landscape and Supplier Analysis;

Global Paper Cup Market Key Insights:

Market Outlook

The global paper cup market was aided by the growing consumption of paper cups. In 2018, the global consumption stood at 260 billion units. The global paper cup market is expected to increase in the forecast period of 2019-2024 to reach 290 billion units by 2024 with consumption growing at a CAGR of 1.8% in the period.

Paper cups are used widely as carriers for hot and cold beverages like tea, coffee, soft drinks, iced tea, cold coffee, ice creams, and yoghurts, among others. Currently, paper cups used to hold hot beverages and food dominate the market with a share of over 65%. On the basis of application, they are used mostly as containers for tea and coffee, accounting for nearly 45% of the application globally. Chilled food and beverages were the second largest application sector.

The industry is aided by the growth in the paper industry which has been witnessing a steady growth, especially in Asia and South America. Paper usage has been increasing annually and exceeded 400 million tonnes of annual consumption recently. China, USA, and Japan account for over 50% of its rising consumption, followed by Europe which occupies a quarter of the market based on consumption. Each person consumes about 55 kg of paper annually on an average. Currently, North America leads in the per person consumption with each person consuming 215 kg of paper annually. Western Europe is also a leading per capita consumer with an average consumption of 147 kg per person. While its consumption is declining slowly in North America, it is witnessing a healthy growth in Asia, especially with planned expansions within the industry.

The growth in this industry in Asia is reflected in the global paper cup market with Asia Pacific representing the leading market. The Asia Pacific region currently accounts for over one-third of the total global consumption of paper cups. The Asia Pacific was followed by North America and Europe as the leading consumers.

Properties and Applications

Disposable cups can be made from paper, polystyrene foam, and plastic, among other similar materials. It is often lined with wax or plastic to prevent the leakage of the liquid contents and prevent the contents from soaking through the container. Paper cups are being utilised extensively across the world for consuming food and beverage items like coffee, tea, and soft drinks, among others.

Based on whether the paper cup is suited for hot or cold food and beverage items, it can be bifurcated into the Hot and Cold types and can be either single walled or double walled. The EMR report analyses the regional markets like North America, Europe, Asia Pacific, LATAM, and Middle East and Africa.

Market Analysis

The global paper cup market is being driven by the growth in the global disposable cups industry as a whole. In 2018, 495 billion units of disposable cups were consumed, globally. The global consumption of disposable cups is expected to grow further in the forecast period of 2019-2024.

The global paper cup market is being aided by a rising demand, especially from emerging economies. The growing demand for foodservice disposables due to the rise in online food ordering and home delivery services is also driving the market globally. The thriving fast food culture along with a rising demand for hot and cold beverages has further aided the market growth.

The rising standard of living in the world is expected to drive the industry growth. The growing consumer concern about sanitation and hygiene has been a major propellant of the industry. Being disposable, lightweight and portable, consumers are increasingly seeking paper cups for on-the-go food and beverages. With the consumer becoming increasingly environmentally conscious, they are choosing these biodegradable cups over disposable container made of non-biodegradable materials like plastic. Government policies incentivising the recycling of papers cups is giving the industry a further boost.

Competitive Landscape

The report analyses the following key players in the global paper cup market, looking into their capacity, and latest developments like mergers and acquisitions, capacity expansions, and plant turnarounds:

• F Bender Limited
• Huhtamäki Oyj 
• Dart Container Corporation
• Dixie Consumer Products LLC
• Go-Pak UK LTD
• Others

The EMR report gives an in-depth insight into the global paper cup market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces.