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International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all regions and industry verticals to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
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Global Paper Cups Market Research Report 2023-2028:
The latest report by IMARC Group, titled “ Paper Cups Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2 028
,” finds that the global paper cups market size reached 263.8 Billion Units in 2022.
Paper cups refer to disposable cups used by individuals for serving food and beverages. They are coated with polyethylene, which helps increase durability and performance by preventing condensed moisture from soaking, spillage, or leakage. Nowadays, paper cups are gaining traction among the masses, especially the working population, due to their eco-friendly nature, cost-effectiveness, ease of handling, and enhanced convenience. Moreover, these cups are also utilized across commercial establishments, such as food joints, restaurants, cafes and educational institutions.
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The market is primarily driven by the increasing environmental concerns among the masses. In addition, the growing focus on sustainable development has impelled individuals to use paper-based alternatives over plastic disposables. Besides this, governments of numerous countries are undertaking various initiatives to impose a ban on plastics and reduce carbon emissions.
This, coupled with the rising product adoption in hotels, restaurants, and cafes (HoReCa) for dine-in serving and takeaway purposes, is positively influencing the market growth. Moreover, the emergence of online food delivery platforms, the inflating disposable incomes of individuals, and continuous product innovations are some of the other factors propelling the market growth.
Looking forward, IMARC Group expects the market volume to reach 283.2 Billion Units by 2028, exhibiting a CAGR of 1.11% during 2023-2028.
View Report TOC, Figures and Tables: https://www.imarcgroup.com/paper-cups-manufacturing-plant
Key Market Segmentation
The research report includes the following segments:
Cup Type Insights:
• Cold Paper Cups
• Hot Paper Cups
Wall Type Insights:
• Single Wall
• Double Wall
• Triple Wall
End User Insights:
• Coffee and Tea Shops
• QSR and Other Fast Food Shops
• Offices and Educational Institutions
• Residential Use
• Others
Application Insights:
• Tea and Coffee
• Chilled Food and Beverage
• Other Food and Beverages
Distribution Channel Insights:
• Institutional Sales
• Retail Sales
Regional Insights:
• Asia Pacific
• North America
• Europe
• South America
• Middle East and Africa
Competitive Landscape with Key Players:
• Benders Paper Cups
• Huhtamaki
• International Paper
• Dart Container
• Go-Pak
1. What was the size of the global paper cups market in 2022?
2. What is the expected growth rate of the global paper cups market during 2023-2028?
3. What are the key factors driving the global paper cups market?
4. What has been the impact of COVID-19 on the global paper cups market?
5. What is the breakup of the global paper cups market based on the cup type?
6. What is the breakup of the global paper cups market based on the wall type?
7. What is the breakup of the global paper cups market based on the application?
8. What is the breakup of the global paper cups market based on the end user?
9. What is the breakup of the global paper cups market based on the distribution channel?
10. What are the key regions in the global paper cups market?
11. Who are the key players/companies in the global paper cups market?
Click here to visit the complete table of content with list of figures and tables: https://www.imarcgroup.com/paper-cups-manufacturing-plant/toc
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