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Disposable Cups Market : Global Demand Analysis & Opportunity Outlook 2024

  • Report ID: 367

Disposable Cups Market Overview

 A disposable cup is a type of disposable utensils used for beverage packaging and beverage serving in hotels, restaurants, commercial places and at homes. Features of disposable cups such as recyclability, lightweight and other physical attributes have made them leading choice for packaging and serving food and beverages. These cups are capable of holding both hot and cold beverage products which has increased their demand in food and beverages industries. Low cost of disposable cups and easy availability have made disposable cups more popular among food and beverages industries. However, disposable cups are made of plastic which has raised question about impact of plastic cups disposal on the environment.

Market Size & Forecast

Global disposable cups market is expected to flourish at a compound annual growth rate (CAGR) of 6.1% over the forecast period 2017-2024. Global disposable cups market stood at a valuation of near about USD 12.1 Billion in 2016.Further, global disposable cups market is projected to reach at a valuation about USD 20.5 Billion by the end of 2024 owing to the factors such as population growth and emergence of new food & beverages industries.

disposable cups

Geographically, global disposable cups market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa Region. In terms of value, Asia Pacific region is anticipated to flourish at fastest compound growth rate (CAGR) of 6.5% over the forecast period. Population growth and increasing disposable income are some major factors which are expected to make Asia Pacific fastest growing region for the disposable cups market. Further, China is a major contributor to the growth of disposable cups market in Asia Pacific region due to presence of major disposable cup manufacturing industries. Further, Asia Pacific region is expected to behold this positive growth in near future.

In terms of market share, North America region is projected to capture around 26% market share of the global disposable cups market and is expected to witness remarkable growth during the forecast period. Printed type disposable cups are dominating the global disposable cups market with share more than 45% in 2016 and are expected to continue their dominance in near future. Moreover, Europe region is also projected to witness a satisfactory growth rate during forecast period.

Market Segmentation

Our-in depth analysis of the global disposable cups market includes the following segments:

By Material Type

  • Plastic Cups
  • Polystyrene Foam Cups

By Design Outlook

  • Printed Disposable Cups
  • Non-Printed Disposable Cups

By End User

  • Restaurants
  • Hotels
  • Bars
  • Offices
  • Railways and Airlines
  • Others

By Application

  • Hot Beverages
  • Ice-creams
  • Cold Drinks
  • Others

By Region

Global disposable cup market is further classified on the basis of region as follows:

  • North America (United States, Canada), Market size, Y-O-Y growth Market size, Y-O-Y growth & Opportunity Analysis, Future forecast & Opportunity Analysis
  • Latin America (Brazil, Mexico, Argentina, Rest of LATAM), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Sweden, Finland), Poland, Russia, Rest of Europe), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis

Growth Drivers & Challenges

Global disposable cups market is driven by various features of disposable cups such as recyclability, light weight, low cost and other physical attributes. These features are expected to foster the demand for disposable cups in near future. Rising preference of outside dining, increasing disposable income, growing middle class, are some major drivers to the growth of global disposable cups market. Further, emergence of new restaurants and food courts is envisioned to bolster the global disposable cup market.

Apart from this, eating on the go trend and rising health consciousness have led to the food courts and restaurants to serve their drinks in disposable cups. Further, attractive printed disposable cups are expected to impel the demand for disposable cups in near future. In addition to this, rising consumption of fast food and take away food trend due to fast life style of the consumers are expected to contribute to the growth of global disposable cups market in near future. Disposable cups made of bio-plastic materials and other such material products are also anticipated to propel the demand for disposable cups over the forecast period.

However, some kind of disposable cups are made of plastic and causing harm to the environment from disposing waste plastic disposable cups and increasing production of plastic disposable cups. Further, such factors are expected to hinder the growth of global disposable cups market during the forecast period.  

Key Players

  • Berry Plastics Corporation
    • Company Overview
    • Key Product Offerings
    • Business Strategy
    • SWOT Analysis
    • Financials
  • Pactiv LLC
  • Huhtamaki OYJ
  • Solo Cup Company
  • Greiner Packaging GmBh
  • Genpak LLC
  • Dart Container Corporation
  • ConverPack
  • Eco-products Inc.
  • Cosmoplast industries Co. (LLC)
  • Churchill Container
  • Geoclima

Scope & Context

Overview of the Parent Market

Analyst View

Segmentation

The global disposable cups market is segmented as follows:

  • By Material Type Market Size & Y-O-Y Growth Analysis
  • By Design Outlook Market Size & Y-O-Y Growth Analysis
  • By End User Market Size & Y-O-Y Growth Analysis
  • By Application Market Size & Y-O-Y Growth Analysis
  • By Region Market Size & Y-O-Y Growth Analysis

Market Dynamics

Supply & Demand Risk

Competitive Landscape

Porter’s Five Force Model

Geographical Economic Activity

Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio

Recent Trends and Developments

Industry Growth Drivers and Challenges

Key Information for Players to establish themselves in current dynamic environment

 

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