Disposable Cups Market Segmentation:
Material Type Segment Analysis
The paper segment in the disposable cups market is anticipated to grow at a significant rate over the forecast period. The growth of the segment is impelled by rising awareness in people for following sustainable practices. Also, there is a huge availability of paper making it an appropriate raw material for the disposable cup’s generation. For instance, according to data published by Business Waste Management, the world produces more than 414 million metric tons of paper every year.
Application Segment Analysis
Based on disposable cups market applications, the hot beverages segment is expected to register rapid revenue growth through 2035. The segment growth is due to the rising preference of people for drinking hot beverages such as coffee, tea, or green tea. According to the International Coffee Organization, in 2023 world coffee production reached 168.2 million bags in the 2022-2023 financial year. Other than this, the UK Tea and Infusions Associations estimated total global consumption of 6,209 million kilogram in 2023.
Our in-depth analysis of the disposable cups market includes the following segments:
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