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Global Market for Disposable Cups Poised to Reach US$ 21.2 Bn by 2026 End: Future Market Insights

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Future Market Insights

11 Apr, 2017, 14:30 GMT

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VALLEY COTTAGE, New York, April 11, 2017 /PRNewswire/ --

Recyclability, lightweight, and other physical attributes of disposable cups will continue to make them the foremost choice of packaging food products and beverages. Disposable cups are designed to hold both, hot and cold, substances, which further propels their applicability in global food & beverage industry. However, a majority of disposable cups are made from plastic materials to reduce chances of food contamination. This raises concerns regarding impact of such plastic cups on the environment, whether in terms of rising production or from dumping waste plastic disposable cups.

     (Logo: http://photos.prnewswire.com/prnh/20161020/430874LOGO )

The breakthrough for disposable cup manufacturers in tackling such stringent hurdles is the advent of biodegradable materials in production of disposable cups. Disposable cups made from bioplastics or other such materials is predicted to garner surplus demand in the years to come. Such favourable consumer preferences, coupled with rising consumption of fast foods and on-the-go beverages in the world, will also continue consolidating the growth of global disposable cups market. Future Market Insights' latest report on global market for disposable cups projects that by the end of 2026, more than US$ 21.2 Bn worth of disposable cups will be sold globally.

Request a Sample Report with Table of Contents: http://www.futuremarketinsights.com/reports/sample/rep-gb-2639

The report estimates the market's current value at a little less than US$ 12 Bn, and anticipates it to register a value CAGR of 5.9% for the forecast period, 2016-2026. According to the report, more than 500 Bn units of disposable cups were sold across the globe in 2016. The global sales of disposable cups is expected to surge steadily at 5.1% CAGR, procuring revenues from sales of over 850 Bn units towards the end of 2026.

Key highlights of the report, titled "Disposable Cups Market: Global Industry Analysis and Opportunity Assessment, 2016-2026," include:

  • Based on moulding technologies, demand for thermoformed moulding is projected to gain traction, procuring over 70% share of global market revenues
  • Paper will continue to be the most sought-after material for production of disposable cups, revenues from which are projected to soar at 6.3% CAGR
  • By 2026-end, more than 280 Bn units of plastic disposable cups are projected to get sold across the globe; registering higher sales of disposable cups made from polyethylene terephthalate (PET), polypropylene (PP) and polyethylene (PE) materials.
  • Throughout the forecast period, over 700 Bn units of printable disposable cups will sold globally, while non-printable disposable cups will register a relatively sluggish revenue growth
  • Owing to their higher applicability in packaging beverages, disposable cups with 200 to 400 ml capacity will remain in great demand, accounting for nearly half of global market revenues towards the end of 2026
  • Over two-third of revenues emanating from global sales of disposable cups will be accounted by dairy and beverage applications, with the latter procuring higher share
  • On the same lines, the market is projected to witness higher contribution from food retail companies as end-users of disposable cups

Preview Analysis on Global Disposable Cups Market Segmentation By Moulding Technology - Thermoformed Moulding, Injection Moulding, By Material Type - Paper, Plastic (PE, PP, PET, PS, PLA), Foam; By Product Type - Printable, Non printable; By Application- Food (Spreads, Sauces & Dressings, Confectionary, Others), Dairy(Yogurt, Drinks), Beverages (Hot, Cold), Ice cream; By End Use - Foodservice (Restaurants, Commercials & Establishments), Food Retail (Hypermarkets, Supermarkets, Convenience Stores): http://www.futuremarketinsights.com/reports/disposable-cups-market

The report further reveals that North America is likely to be procure a little over one-fourth share of global disposable cup revenues through 2026. During this period, the Asia-Pacific region will dominate the market by closing in on 30% revenue share. The region's dominance is being continued by active participation of China-based disposable cup manufacturers such as Hong Er Plastic Manufacture Limited, Zhejiang Hongsu Plastic Co., Ltd., UNHONG Corp., Zhejiang KaiJia Plastics Co., Ltd., and Changsha Yuhao Imports & Exports Co. Ltd. The report has also profiled leading manufacturers of disposable cups in the world, which include, Berry Plastics Corporation, Pactiv LLC, Huhtamaki OYJ, Solo Cup Company, Greiner Packaging GmbH, Genpak LLC, Dart Container Corporation, ConverPack, Eco-Products Inc., Cosmoplast Ind. Co. (LLC) and Churchill Container.

More from FMI's Cutting-edge Intelligence: 

  • Filament Tapes Market Segmentation by Filament Type - Single and Double Sided Tapes, By Backing Adhesive Type - Plastic Film, Paper, Fabric, Foam; By Adhesive Type - Rubber Based, Acrylic Based, Hot Melt Adhesive; By Application - Bundling, Strapping, Insulation, Carton Sealing, Sealing; By End-use - Shipping & Logistics, Building & Construction, Food & Beverages, Electrical Electronics, Automotive, Healthcare & Hygiene, Printing, Metalworking, Oil & Gas, General Industrial, Consumer Goods: http://www.futuremarketinsights.com/reports/filament-tapes-market
  • North America Silo Bags Market Segmentation By Length Type - 60 Meters, 75 Meters, 90 Meters; By Material Type - Polyethylene (PE) (Low-Density Polyethylene (LDPE), High-Density Polyethylene (HDPE)), Polypropylene (PP); By Application - Grains (Dry Grains, Wet/Humid Grains, Rolled Grains), Forages, Fertilisers, Dried Fruits and Others: http://www.futuremarketinsights.com/reports/north-america-silo-bags-market
  • Protective Packaging Market Segmentation By Material Type - Foamed Packaging, Paper and Plastic; By Product Type - Foam Protective Packaging, Flexible Protective Packaging and Rigid Protective Packaging; By Function Type - Wrapping, Void Fill, Cushioning, Insulation, Blocking and Bracing: http://www.futuremarketinsights.com/reports/protective-packaging-market

About Us 

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends.

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