Disposable Cups Market By Material (Polypropylene (PP), Polystyrene (PS), Polyethylene Terephthalate (PET), and Polylactic Acid (PLA)), Product Type (Printable and Non-Printable), -Analysis & Forecast 2019-2030.
Report ID : 307 | Published Date : Jul 2020 | Pages : 160 | Region : Global | Report Code : CG-10
Disposable Cups Market Overview and Introduction
Disposable cupsarea type of tableware mainly utilizedtopackageandserve beveragesatcommercial places, hotels, restaurants, and homes, among others. There are different types of disposable cups available in the market including paper cups, plastic cups, and foam cups.These cups are available in a variety of colorsand in different sizes. Many players offer customizable cups according to the customers’ requirements, which may include different prints andnames&logos of organizations forefficient advertising.They are used by various brands as an effectiveadvertisement tool.
The global disposablecup market is driven by the growing adoption of disposable cups in cafes and restaurants to serve hot &cold beverages and the rising inclination of customers toward convenience food, whichhas led to thewide scale adoption of these cups globally.The increasing focus of the key market players onvarious launches and merger&acquisitionstrategieshavefurther contributed to market growth. For instance, in January 2017, Berry Global Inc. acquired AEP Industries Inc. to enhance its foothold in plastic packaging films.
The global disposable cup market can besegmented intomaterial, product type, and region.
Disposable Cups Market By Material
Based on material, the market is segmented into Polypropylene (PP), Polystyrene (PS), Polyethylene Terephthalate (PET), Polylactic acid (PLA), and others. PS is expected to hold the largest market share during the forecast period as it does not soften easily at higher temperatures. It is alsoa preferred option for serving and packaging food &beverages.Its properties such as being lightweight and the ability to hold hot,as well ascold beverages, are fueling the demand of this segment in the disposable cups market.
Disposable Cups Market By Product Type
Based on the product type, the market can besegmented into printable and non-printable. The printable segment is expected todominate the market during the forecast periodas it helps to advertise companybrandsthroughprinted logosanddesigns that can create a long-lasting impact on customers.
Disposable Cups Market By Region
Based on region,the global disposable cupmarket can be segmented into North America, Europe, Asia Pacific, and the Rest of the World (ROW). North America dominated the disposable cupmarket followed by Asia Pacific. The growth in North Americacan be attributed tothe increasing number of delivery-optimized restaurants and takeaway services.
Disposable Cups Market Prominent Players
Some of the prominent players in disposable cup market include Greiner Packaging (Greiner AG), Dart Container Corporation, Berry Global Inc., F Bender Limited, Go-Pak Group, Cosmoplast, James Cropper plc, Huhtamaki Foodservice E-A-O, Frugalpac Limited, and KAP CONES, among others