Our latest research report entitled Disposable Cup Market (by material type (plastic cups and polystyrene foam cups), design outlook (printed disposable cups and non-printed disposable cups), end-user (restaurants, hotels, bars, offices, railways and airlines and others) and application (hot beverages, ice-creams, cold drinks and others)) provides complete and deep insights into the market dynamics and growth of disposable cup.
The latest information on market risks, industry chain structure disposable cup cost structure and opportunities are offered in this report. The past, present and forecast market information will lead to investment feasibility by studying the essential disposable cup growth factors. According to the report the global disposable cup market is projected to grow at a CAGR of 6.9% over the forecast period of 2018-2024.
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A disposable cup is a type of disposable utensils used for beverage packaging and beverage serving in hotels, restaurants, commercial places, and at homes. A disposable cup is a type of tableware and disposable food packaging cup. Disposable cup types include paper cups, plastic cups and foam cups. Expanded polystyrene is used to manufacture foam cups, and polypropylene is used to manufacture plastic cups. As they are produced for single-use, disposable cups and other similar disposable products constitute a major source of packaging material.
Disposable Cup Market is Showing a Positive Trend of Development Around the Globe
The global disposable cup market is showing a positive trend of development around the globe. There are many factors which are indicating a positive outlook of the market for medium and long term. The global disposable cup market is basically driven by various features of the disposable cup such as recyclability, low cost, lightweight and other physical features. They are generally used for individual servings in parties, functions, marriages, chat, tea & food etc. Disposable cups are non-toxic in nature.
Disposable paper cups can also be custom printed with an outlet’s logo, brand punch line or advertising message. These cups are used in many countries by people as it is easy to use, hygienic and eco-friendly. Hence, per capital consumption has increased and the demand for it is recognized. Further, awareness of hygienic products also fosters the growth of the global disposable cups market and this particular trend has led various companies to recognize the business opportunity in this market.
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North America has Dominated the Global Disposable Market
On the basis of region, the global disposable cup market is segmented into North America, Europe, Asia, and the Rest of the World (RoW). North America has dominated the global disposable market followed by China, Asia Pacific, South America, and Europe due to its industrial and corporate culture. Asia region is expected to grow at the highest CAGR during the forecast period of 2018-2024 due to the growing trend of festival celebration, changing lifestyle, food consumption habit and so on. The continuous increase of disposable income and the increasing influence of corporate culture would help to increase the market in long term.
The report on the global disposable cup market covers segments such as, by material type, design outlook, end-user and application. On the basis of by material type, the global disposable cup market is categorized into plastic cups and polystyrene foam cups. On the basis of design outlook the global disposable cup market is categorized into printed disposable cups and non-printed disposable cups. On the basis of end-user the global disposable cup market is categorized into restaurants, hotels, bars, offices, railways and airlines, and others. On the basis of application, the global disposable cup market is categorized into hot beverages, ice-creams, cold drinks and others.
Major Key Players Mentioned in this Premium Report
The report provides profiles of the companies in the global disposable cup market such as, Berry Plastics Corporation, Pactiv LLC, Huhtamaki OYJ, Solo Cup Company, Greiner Packaging GmBh, Genpak LLC, Dart Container Corporation, ConverPack, Eco-products Inc. and Cosmoplast industries Co. (LLC).
Browse Detailed TOC, Description, and Companies Mentioned in Report @ https://www.infiniumglobalresearch.com/consumer-goods-packaging/global-disposable-cup-market
The report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the global disposable cup market. Moreover, IGR-Growth Matrix analysis given in the report brings an insight on the investment areas that existing or new market players can consider.
The report provides insights into the market using analytical tools such as Porter’s five forces analysis and DRO analysis of disposable cup market. Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the disposable cup market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight on the market share of the leading players. This report will help manufacturers, suppliers and distributors of the disposable cup market to understand the present and future trends in this market and formulate their strategies accordingly.