Global Paper Cups Market Size, Share, and COVID-19 Impact Analysis, By Type (Hot Paper Cups, Cold Paper Cups), By Wall Type (Single Wall Paper Cups, Multiple Wall Paper Cups), By End-User (Households, Quick Service Restaurants (QSR), Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2022 – 2032

Industry: Consumer Goods

RELEASE DATE Nov 2023
REPORT ID SI3024
PAGES 200
REPORT FORMAT PathSoft

Global Paper Cups Market Insights Forecasts to 2032

  • The Global Paper Cups Market Size was valued at USD 10.8 Billion in 2022
  • The Market Size is growing at a CAGR of 3.6% from 2022 to 2032
  • The Worldwide Paper Cups Market Size is expected to reach USD 15.5 Billion by 2032
  • North America Market is expected to grow the fastest during the forecast period

Global Paper Cups Market

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The Global Paper Cups Market Size is expected to reach USD 15.5 Billion by 2032, at a CAGR of 3.6% during the forecast period 2022 to 2032.

 

A paper cup is a disposable cup that is made up of paper and lined or coated with plastic or wax, which helps to prevent liquid leakage from it. Paper cups can be found in different sizes and colors. Polyethylene, the most common plastic resin, is used to paint the cups, which improves their performance and durability by preventing condensed moisture from soaking in and retaining flavor. Customers nowadays use paper cups to save time and cope with their hectic lifestyles and busy schedules. These cups do not require cleaning and can be easily discarded after use. The demand for paper cups has also had an impact on the global trend of takeaway benefits and ready-to-eat food. Cafes and restaurants use disposable paper cups to quickly serve their customers coffee, tea, soup, and other beverages. They prefer custom-printed disposable food service products to promote their brand and increase restaurant sales. The rising need for paper cups, plates, trays, spoons, and other disposable food service products in restaurants drives the paper cup market forward.

 

Global Paper Cups Market Report Coverage

Report CoverageDetails
Base Year:2022
Market Size in 2022:USD 10.8 Billion
Forecast Period:2022-2032
Forecast Period CAGR 2022-2032 :3.6%
2032 Value Projection:USD 15.5 Billion
Historical Data for:2019-2021
No. of Pages:200
Tables, Charts & Figures:110
Segments covered:By Type, By Wall Type, By End-User, By Region
Companies covered:: Graphic Packaging International, LLC., Dart Container Corporation, Georgia-Pacific Consumer Products LP, THE PRINTED CUP COMPANY, Jiangsu Yinwang New Material Technology Co., Ltd., Huhtamäki Oyj, Pactiv LLC., Greiner Packaging International GmbH, Hotpack Packaging Ind. LLC., Genpak LLC., Konie Cups International Inc., Grupo Phoenix Capital Limited, Bender Limited, and Other Key Vendors.
Pitfalls & Challenges:COVID-19 Empact,Challenges, Future, Growth, & Analysis

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Driving Factors

Paper cups are becoming increasingly popular across all end-use industries. The primary factor, according to both customers and manufacturers, is the use of biodegradable materials in the production of cups such as paper coffee cups, paper tea cups, cupcake paper cups, paper baking cups, paper ice cream cups, and so on. Furthermore, paper cups are thought to be far more practical to use than other types of cups. They are single-use, and after use, disposal is simple. As more people become aware of the many environmental issues, the demand for biodegradable and eco-friendly products grows worldwide. It is now commonplace to see that consumers prefer paper cups over plastic cups, particularly paper coffee and tea cups. Because of their increasing popularity, cafeterias, quick-service restaurants, and hotels are expected to use paper ice cream cups, paper coffee cups, paper tea cups, cupcake paper cups, and paper baking cups. A busy and chaotic lifestyle is another important factor expected to drive up demand for paper cups over the forecast period.

 

Restraining Factors        

The availability of disposable cups made of materials other than paper and paperboard, such as foam, plastic, ceramic, and stainless steel, may hamper market growth during the forecast period. Also, some industrialists or manufacturers use a significant amount of fluorescent whitener to make the cup appear whiter. The ability of these whitening compounds to change cells is detrimental to the human body. Furthermore, a lack of quality standards may soon stifle industry growth. These are the main market restraints that will hamper the market's growth.

 

Market Segmentation

By Type Insights

The cold paper cups segment dominates the market with the largest revenue share over the forecast period.

Based on type, the global paper cup market is segmented into hot paper cups and cold paper cups. Among these, the cold paper cups segment is dominating the market with the largest revenue share over the forecast period, owing to the growing consumption of soft drinks and juice worldwide. To dispense the soft drink from the vending machine, the company uses paper cups. As a result, the growth in overall production capacity is projected to augment the adoption of paper cup packaging across the world. With the lightweight and affordability of such products over their counterparts, the cold segment exhibited a significant market share. Furthermore, the preference of restaurant and hospitality clients for low-cost cold beverageware is accelerating segmental growth during the forecast period.

 

By Wall Type Insights

The single wall segment is witnessing significant CAGR growth over the forecast period.

Based on wall type, the global paper cup market is segmented into single wall paper cups and multiple wall paper cups. Among these, the single wall segment is witnessing significant CAGR growth over the forecast period. This is due to the use of less energy and paper to produce. Thus, they are more environmentally friendly. According to BioPak Company, because of the lighter weight and smaller carton size of a single-wall cup, transportation-related emissions will be reduced as well, resulting in around 55% reduction in paper board, around 44% in paperweight, around 29% reduction in carton size, and around 20% reduction in carbon print. Furthermore, the rising consumption of flavored dairy beverages, as well as the continued use of single-wall products in serving milk-based beverages in restaurants and cafes, will likely drive segment growth.

 

By End-User Insights

The quick-service restaurants segment is expected to hold the largest share of the global paper cups market during the forecast period.

Based on the end-user the global paper cups market is classified into households, quick-service restaurants, and others. Among these, the quick-service restaurant segment is expected to hold the largest share of the paper cups market during the forecast period. The significant share of quick-service restaurants can be attributed to the significant consumption of disposable cups during dine-in and takeaway food service activities in these settings. Furthermore, the rising demand for printed food service disposables in fast food and quick-service restaurant settings is boosting segmental growth.

 

Regional Insights

Asia Pacific dominates the market with the largest market share over the forecast period.

Asia Pacific

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Asia Pacific is dominating the largest market share over the forecast period. In terms of revenue, it is expected to drive the market during the forecast period. This is owing to factors such as changing consumer food habits, a rising urban population, and a greater acceptance of commercial spaces such as quick service restaurants, coffee chains, fast casual restaurants, and the region's rapidly growing food and beverage industry. Asia Pacific is distinguished by a large population, rising disposable income, and increased demand for a wide range of food and beverage products. As a result, these factors driving the global paper cup market during the forecast period.

 

North America, on the contrary, is expected to grow the fastest during the forecast period. Growing consumer awareness and supportive government legislation are expected to drive demand for biodegradable packaging in North America. Also, growing awareness of sanitary food habits, increased awareness of environmental issues, and increased on-the-go consumption of beverages such as cold coffee, juices, and carbonated drinks are the primary factors driving the growth of the paper cups market in North America.

 

List of Key Market Players

  • Graphic Packaging International, LLC.
  • Dart Container Corporation
  • Georgia-Pacific Consumer Products LP
  • THE PRINTED CUP COMPANY
  • Jiangsu Yinwang New Material Technology Co., Ltd.
  • Huhtamäki Oyj
  • Pactiv LLC.
  • Greiner Packaging International GmbH
  • Hotpack Packaging Ind. LLC.
  • Genpak LLC.
  • Konie Cups International Inc.
  • Grupo Phoenix Capital Limited
  • Bender Limited
  • Others

 

Key Market Developments

  • In May 2023, Manjushree Packtek Pvt. Ltd. acquired Jallan Polypack, an Indian sustainable paper cup packaging company, to expand its portfolio of technology-based packaging solutions in India.

 

  • In March 2023, WinCup, Inc., an Atlanta-based foodservice disposable manufacturer, introduced a line of plastic-coated paper cups made from canola oil in the United States.

 

  • In June 2022, Tea Time, an Indian tea franchise outlet network, collaborated with ScrapQ Hub, a scrap aggregator company, to recycle and reuse scrap material to produce plastic-lined paper cups.

 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2032. Spherical Insights has segmented the global paper cups market based on the below-mentioned segments:

 

Paper Cups Market, Type Analysis

  • Hot Paper Cups
  • Cold Paper Cups

 

Paper Cups Market, Wall Type Analysis

  • Single Wall Paper Cups
  • Multiple Wall Paper Cups

 

Paper Cups Market, End-User Analysis

  • Households
  • Quick Service Restaurants (QSR)
  • Others

 

Paper Cups Market, Regional Analysis

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • Uk
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of the Middle East & Africa

Frequently Asked Questions (FAQ)

  • 1. What is the CAGR of the paper cup market over the forecast period?
    The paper cup market is projected to expand at a CAGR of 3.6% during the forecast period.
  • 2. What is the projected market size & growth rate of the paper cup market?
    Paper cup market was valued at USD 10.8 Billion in 2022 and is projected to reach USD 15.5 Billion by 2032, growing at a CAGR of 3.6% from 2022 to 2032.
  • 3. Which region is expected to hold the highest share in the paper cup market?
    The Asia Pacific region is expected to hold the highest share in the paper cup market.

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