Growing Foodservice Industry to Be a Major Growth Driver of the Paper Cups Market

Posted July 12, 2016 by imarcgroup1

Growing environmental concerns, awareness about hygiene and sanitisation, rising living standards as well as the growing foodservice industry are expected to drive the demand of paper cups globally.

Paper cups are used all over the world to serve food and beverages like tea, coffee, soft drinks, instant noodles, sweet corn, etc. Commercially, paper cups are coated with polyethylene to make them liquid resistant and thus increase their durability. The coating also helps to weld the seams together. There are two types of paper cups: hot and cold. Cold cups have a waxy coating on both the sides to prevent the paper from becoming soggy. Hot cups on the other hand, have a coating only on one side and are designed specifically to withstand the heat. The growing foodservice industry is one of the major factors that is currently driving the growth of the paper cups market globally. Growing health concerns and the awareness about hygiene and sanitation have also urged people to utilize paper cups in public places. Moreover, they are convenient to use and are environment friendly due to their higher biodegradability compared to plastic or foam cups.

According to IMARC’s latest study “Paper Cups Market – Industry Trends, Manufacturing Process, Plant Setup, Machinery, Raw Materials, Cost and Revenue” the global paper cups consumption was worth 245 Billion Units with the market growing at a CAGR of around 1.7% during 2008-2015. Due to the global recession in 2009 and a resulting slowdown in food and beverage consumption, the paper cups market suffered a slow growth. However since 2010, the demand of paper cups have recovered and the market has witnessed continuous growth. The report has segmented the market on the basis of cup type, application and region. On the basis of cup type, paper cups for hot and cold beverages together accounted for more than half of the global cups consumed in 2015. Paper cups were followed by plastic cups and polystyrene foam cups. Based on applications, tea/coffee represented the biggest end use market for paper cups in 2015, followed by other foods/beverages and chilled foods/beverages.

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The study has also segmented the market on the basis of region. Currently, North America dominates the global paper cups consumption, followed by China, Asia Pacific (excluding China), South America, Western Europe, Russia/Eastern Europe, Africa/Middle East and Central Europe. The key manufacturers in the global paper cups market are Benders Paper Cups, Huhtamaki, International Paper, Dart Container, Dixie and Go-Pak.

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Last Updated July 12, 2016