Disposable Cups Market to Grow with a CAGR of 7.9% through 2028
Increasing adoption of disposable cups and rising usage for drinking
water in several commercial and residential parties are factors driving the
global disposable cups market in the forecast period 2024-2028.
According to the TechSci Research report, “Disposable Cups Market – Global Industry Size, Share, Trends, Competition,
Opportunity, and Forecast, 2018-2028F”, the Global Disposable Cups
Market stood at USD12.59 billion in 2022 and is anticipated to grow with a CAGR
of 7.9% in the forecast period, 2024-2028. The global disposable cups market
has been a dynamic and evolving sector, driven by changing consumer habits,
environmental concerns, technological advancements, and economic factors.
Sustainability has emerged as a central theme in the disposable cups
market. Increasing environmental awareness and concerns over plastic pollution
have led to a surge in demand for eco-friendly alternatives. Biodegradable
materials like PLA (polylactic acid) and paper cups with plant-based coatings
have gained traction. As consumers prioritize sustainability, businesses are
adapting by offering green packaging options, aligning with global sustainability
goals.
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Disposable cups are evolving into smart and interactive packaging
solutions. QR codes, NFC (Near Field Communication), and temperature-sensitive
inks are integrated into cups to engage consumers. These features provide
access to interactive content, such as product information, promotions, and
augmented reality experiences. Smart cups can even change color to indicate
beverage temperature, enhancing safety and user experience. People are
increasingly looking for convenient ways to enjoy food and beverages, and
disposable cups are a convenient option. This is especially true in urban
areas, where people are often on the go. Disposable cups are also popular for
events and parties, as they allow people to easily serve.
The global disposable cups market is poised for further transformation
as sustainability becomes increasingly central. Businesses that adapt to the
demand for eco-friendly materials and practices are likely to thrive.
Innovations in smart packaging and digital integration will continue to enhance
consumer experiences.
Regulatory changes and bans on single-use plastics will necessitate
further innovation in materials and production processes. The market will also
see increased efforts in anti-counterfeiting measures to protect brands and
consumers. Subscription services and circular economy initiatives are expected
to gain momentum as consumers and businesses prioritize sustainability.
However, challenges related to cost-efficiency, performance, and competition
will persist and require ongoing solutions.
The growth of the market is expected to be driven by the increasing
demand for convenience and on-the-go food and beverages, the growing popularity
of coffee shops and other foodservice businesses, the rising disposable income,
government initiatives to promote the use of sustainable packaging materials,
and technological advancements. The global disposable cups market is in a state
of flux, driven by evolving consumer preferences, sustainability concerns, and
technological advancements. Adapting to these changes while addressing
challenges is essential for the industry's continued growth and relevance in a
rapidly evolving market landscape.
The global Disposable Cups market is segmented based on type, end use,
application, capacity, sales channel, and region.
Based on type, with the biggest market share in 2022, paper disposable
cups are anticipated to grow at the quickest CAGR over the projected period.
This is explained by their optimal ability to provide consumers who are on the
go with hot and cold beverages. Paper cups are often regarded as being
recyclable, environmentally benign, and composed primarily of natural
materials.
Based on region, the market is segmented into North America, Europe,
Asia Pacific, Middle East & Africa, and South America. In 2022, Asia
Pacific dominated the market by accounting for largest market share in 2022 and
is expected to expand at the fastest growth rate over the forecast period. This
is attributed to the increasing urban population, changing food eating habits,
growing disposable income, and opening of various international food chain
restaurants and outlets.
Major companies operating in the global disposable cups market are:
- Huhtamäki Oyj
- Dart Container
Corporation
- Berry Global Group Inc.
- Pactiv LLC
- DUNI AB
- WestRock Company
- Genpak, LLC
- Go-Pak UK Ltd.
- ConverPack Inc.
- Benders Paper
Cups
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“The global disposable cup market has experienced robust growth in
recent years, driven by changing consumer lifestyles, convenience-driven
trends, and the proliferation of takeaway culture. Increased urbanization, a
rising middle class, and the expansion of the foodservice industry have fueled
demand for single-use cups. Moreover, growing awareness of environmental
concerns has led to the development of eco-friendly alternatives, adding a
sustainable dimension to the market's growth. As a result, the global
disposable cup market continues to expand, offering diverse opportunities for
manufacturers and businesses worldwide.” said Mr. Karan Chechi, Research
Director with TechSci Research, a research-based global management consulting
firm.
“Disposable Cups Market By Type
(Paper, Plastic, Foam, Others), By End Use (Commercial, Institutional,
Household), By Capacity (Less than 250 ml, 250 – 750 ml, Above 750 ml), By
Application (Food, Beverages), By Sales Channel (Hypermarkets/Supermarkets,
Convenience Stores, Specialty Stores, Online, Others), By Region, By
Competition Forecast & Opportunities, 2018-028F, has evaluated the future growth potential of
the disposable cups market globally and provides statistics and information on
market structure, size, share, and future growth. The report provides
cutting-edge market intelligence and helps decision-makers to make sound investment
decisions. Besides, the report also identifies the emerging trends along with
essential drivers, challenges, and opportunities present in the market of disposable
cups globally.
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