Examine the expanding throwaway cup trend, including its effects on the environment, new inventions, and the move towards sustainable alternatives. Learn how this market is changing to satisfy consumer wants while cutting waste.
The disposable cups market is anticipated to be worth US$ 11.6 billion worldwide. From 2023 to 2033, it is anticipated to surge at a CAGR of 6.2%. By 2033, the market is anticipated to be worth US$ 21.1 billion. In 2023, it is predicted that the top 3 nations would account for 40% to 45% of the market.
Disposable cups have witnessed a surge in popularity due to their convenience and practicality. Whether it’s a morning coffee or a refreshing smoothie, these cups provide a hygienic and easily accessible option for consumers. The disposable cups market has experienced substantial growth in recent years, with increasing demand from various sectors, including foodservice, retail, and hospitality.
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Factors Driving the Disposable Cups Market Growth
The surge in the Disposable Cups Market can be attributed to several factors:
1. Convenience: Embracing the “Grab and Go” Culture
With increasingly busy schedules and an emphasis on convenience, consumers are embracing the “grab and go” culture. Disposable cups offer a hassle-free solution for enjoying beverages on the move, eliminating the need for cleaning or carrying around reusable cups.
2. Hygiene and Safety: A Top Priority
In the wake of the COVID-19 pandemic, hygiene and safety have become paramount. Disposable cups provide a sanitary option, ensuring minimal contact with shared surfaces and reducing the risk of transmission of contagious diseases.
3. Expanding Foodservice Industry: A Catalyst for Growth
The booming foodservice industry, including cafes, restaurants, and fast-food chains, has significantly contributed to the Disposable Cups Market. These establishments rely on disposable cups to serve beverages to a large customer base efficiently.
Competition Landscape: Disposable Cups Market
Key players operating in the global disposable cups market are
- Pactiv LLC,
- Berry Global Group, Inc.,
- Dart Container Corporation,
- Huhtamaki Oyj,
- Detpak (Detmold Group),
- Georgia-Pacific LLC,
- Greiner Packaging International GmbH, and
- Genpak, LLC.
Also, few of the other noticeable players in the market are
- Fuling Plastic USA, Inc.,
- Churchill Container,
- ConverPack Inc.,
- FrugalPac Limited,
- Go-Pak Group,
- Grupo Phoenix Capital Limited,
- CEE Schisler Packaging Solutions,
- F Bender Limited,
- SEDA International Packaging Group S.p.A.,
- Duni Group Global, and
- Stanpac Inc. and
- others.
Tier 1 players in the market hold 15 to 20% in the global disposable cups market.
Key Takeaways from Disposable Cups Market
- Less than 250 ml disposable cups by capacity is projected to hold a substantial disposable cups market share of 52% by 2033.
- By material, the paper disposable cups segment is anticipated to accelerate at a CAGR of 6.0% between 2023 from 2033.
- The beverages segment by application is expected to create an absolute dollar opportunity of US$ 7.0 million during the forecast period.
- Europe followed by South Asia is estimated to generate high demand for disposable cups, accounting for around 44% of share by 2033.
- Australia disposable cups market is projected to exhibit a CAGR of 3.0% from 2023 to 2033.
“Increasing demand for on-the-go snacking is projected to propel sales of tea, coffee, lemonade, and soft drinks worldwide. It is projected to drive disposable cups sales in the next ten years. Key companies are likely to develop new cups with innovative materials to attract a large consumer base,” says a lead Future Market Insights analyst.
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Demand for Sustainable Packaging to Create New Growth Opportunities for Disposable Cups Manufacturers
Innovation is important because it aids businesses in market penetration, the creation of better prospects, and customer engagement. The disposable cup market offers significant potential for innovation to provide high-quality food service goods. Paper cups can help to get around few of the problems with plastic cups. It might also aid in expansion for throwaway cups.
For instance,
- In July 2021, following single-use plastic ban in the European Union, Vegware updated their disposable cups’ design to comply with the single-use plastics directive.
- In June 2021, Novolex launched a new manufacturing line to produce compostable cups from plant-based plastic (polylactic acid) which appears, behaves, and performs just like a traditional plastic cup.
Factors Driving the Disposable Cups Market
Convenience and Portability
Disposable cups offer a convenient way to enjoy beverages on the go. They eliminate the need for washing and maintenance, making them an ideal choice for busy individuals or those seeking convenience. The ease of use and portability of disposable cups have contributed significantly to their growing demand.
Growing Foodservice Industry
The rapid expansion of the foodservice industry, including cafes, restaurants, and quick-service chains, has played a vital role in driving the demand for disposable cups. These establishments rely on disposable cups to cater to their customers’ needs quickly and efficiently, ensuring a seamless experience.
Disposable Cups Market Outlook by Category
By Material Type:
- Paper
- Plastic
- Foam
- Bagasse
By Capacity:
- Less than 250 ml
- 250 to 750 ml
- Above 750 ml
By Application:
- Food
- Spreads
- Sausages & Dressings
- Confectionary
- Dairy
- Ice Cream
- Yogurt
- Drinks
- Beverages
- Hot
- Cold
By Sales Channel:
- Manufacturers (Direct Sales)
- Retail
- Hypermarket
- Supermarket
- Convenience Stores
- Specialty Stores
- Distributors
- Online
By End Use:
- Commercial Use
- Hotels & Cafes
- Full Service Restaurants
- Quick Service Restaurants
- Venues & Catering
- Mobile Food Vendors
- Bakery & Patisserie
- Institutional Use
- Schools & Colleges
- Offices
- Hospitals
- Airports & Railways
- Household Use
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About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
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