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The proposed Disposable Paper Cups Market report will encompass all the qualitative & quantitative aspects including the market size, market estimates, growth rates & forecasts & hence will give you a holistic view of the market. The study also includes detailed analysis of market drivers, restraints, technological advancements & competitive landscape along with various micro & macro factors influencing the market dynamics.
The disposable paper cups market was valued at US$ 8,714.28 million in 2021 and is projected to reach US$ 11,039.14 million by 2028, it is expected to grow at a CAGR of 3.4% from 2021 to 2028.
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Leading Disposable Paper Cups Market Players: Huhtamaki, Dart Container Corporation, Duni Group, Graphic Packaging International, LLC, F Bender Limited, Seda International Packaging Group, CEE Schisler Packaging Solutions, Grupo Phoenix, SCG PACKAGING, and Reynolds Group Ltd.
The COVID-19 pandemic made it harder for small and medium businesses to operate and sell their products. Moreover, the food service sales suffered significantly during the initial months of the pandemic because of lockdowns and stringent restrictions. The supply chains were completely disrupted due to nationwide lockdown and border restrictions, which affected the production and distribution of various products. However, the pandemic had a mixed impact on the growth of the disposable paper cups market. The raw material supply shortage affected the production of disposable paper cups, coupled with the shutdown of various offices and other institutions. The disposable paper cups market size is expected to return to pre-pandemic levels soon with the resumption of manufacturing and trade activities, supported by the progress of the vaccination drives across the globe.
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Disposable paper cups are meant for single-use and are considered highly hygienic. The pandemic created a massive demand for disposable paper cups as consumers find them hygienic and safe. Many fast-food giants such as Dunkin Donuts, McDonald’s, and Starbucks have earlier launched a campaign aimed at weaning off disposable tableware.
Increasing concerns about environmental sustainability and rising hygiene concerns among the consumers are some of the crucial factors impelling manufacturers to launch eco-friendly and recyclable products. For instance, Huhtamäki Oyj, a Finland-based food packaging manufacturer, introduced a range of biodegradable paper cups named Bioware Impresso under the existing brand Bioware. Bioware Impresso is a double-walled hot cup with bubble emboss, which improves the insulation and provides rigidity. It is made of 100% Programme for the Endorsement of Forest Certification (PEFC) certified paperboard and has a certified biodegradable plant lining.
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Progressive industry trends in the disposable paper cups market to help players develop effective long-term strategies
Business growth strategies adopted by developed and developing markets
Quantitative analysis of the disposable paper cups market from 2019 to 2028
Estimation of global demand for disposable paper cups
PEST analysis to illustrate the efficacy of buyers and suppliers operating in the industry
Recent developments to understand the competitive market scenario
Market trends and outlook as well as factors driving and restraining the growth of the disposable paper cups market
Assistance in the decision-making process by highlighting market strategies that underpin commercial interest, leading to the market growth
The size of the disposable paper cups market size at various nodes
Detailed overview and segmentation of the market, as well as the disposable paper cups industry dynamics
Size of the disposable paper cups market in various regions with promising growth opportunities
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