Anticipated to reach a substantial valuation of US$ 11.6 billion in 2023, the global disposable cups market is poised for significant growth, with a projected Compound Annual Growth Rate (CAGR) of 6.2% from 2023 to 2033. Forecasts indicate that by 2033, the market is expected to soar to a robust US$ 21.1 billion. This upward trajectory highlights the persistent demand for disposable cups and suggests a sustained expansion trend over the next decade. The market’s resilience is attributed to factors driving increased usage and a shift in consumer preferences towards convenient and eco-friendly packaging solutions, fostering its continual upward momentum.
Various environmentally conscious alternatives for disposable plastic cups, including polylactic acid, plant starch, and maize starch, have emerged, promoting eco-friendly choices. The production of 100% compostable, sustainable, and disposable cups requires significantly less energy, further emphasizing the ecological benefits of these options. The escalating consumer preference for compostable and recyclable cups, suitable for both hot and cold beverages, is expected to drive an upsurge in disposable cup sales. This growing inclination towards sustainable solutions reflects a broader shift towards environmentally responsible practices in response to increasing environmental concerns and a desire for greener alternatives.
Experiencing a Compound Annual Growth Rate (CAGR) of 3.1% in the past, the global disposable cups market displayed steady progress. Beginning at a worth of US$ 8.6 billion in 2014, it climbed to US$ 11.0 billion by 2022. Recognized for their cost-effectiveness and environmentally sustainable attributes, disposable cups serve as economical and eco-friendly packaging alternatives.
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As they are unbreakable, time-saving, and easy to clean, paper or disposable plastic cups are preferred by food service operators over glass ones. Numerous fast food restaurants, cafeterias, and food malls use disposable cups as a dependable, safe, and simple packaging solution. These can be delivered to clients quickly, which would expand the disposable cups market.
Key Takeaways from Disposable Cups Market
- Less than 250 ml disposable cups by capacity is projected to hold a substantial disposable cups market share of 52% by 2033.
- By material, the paper disposable cups segment is anticipated to accelerate by 1.8 times its present market value.
- The beverages segment by application is expected to create an absolute dollar opportunity of US$ 7.0 million during the forecast period.
- Europe followed by South Asia is estimated to generate high demand for disposable cups, accounting for around 44% of share by 2033.
- Australia disposable cups market is projected to exhibit a CAGR of 3.0% from 2023 to 2033.
Market Drivers:
- Convenience and Portability:
- Disposable cups offer convenience and portability, catering to the on-the-go lifestyle of consumers.
- Rise in Foodservice Industry:
- The growth of the foodservice industry, including cafes, restaurants, and fast-food chains, boosts the demand for disposable cups.
- Increased Takeout and Delivery Services:
- The rise of takeout and food delivery services contributes to the demand for disposable cups as they are often used for beverages and soups.
- Changing Consumer Lifestyles:
- Busy lifestyles and an increasing number of people opting for quick meals and snacks contribute to the demand for disposable food and beverage containers.
- Customization and Branding:
- Disposable cup manufacturers often offer customization options, allowing businesses to brand their cups, contributing to increased demand.
- Environmental Concerns:
- Environmentally friendly materials and designs in disposable cups, such as biodegradable or compostable options, can drive market growth as consumers become more conscious of their environmental impact.
- Innovation in Materials:
- Research and development in materials science lead to innovations in lightweight, durable, and eco-friendly materials for disposable cups.
Market Restraints:
- Environmental Impact:
- The environmental impact of disposable cups, particularly those made from non-biodegradable materials, can lead to regulatory challenges and consumer backlash.
- Growing Preference for Reusables:
- Increasing awareness of environmental issues may drive a shift in consumer preferences toward reusable options, impacting the demand for disposable cups.
- Stringent Regulations:
- Governments and regulatory bodies may implement stricter regulations on the production and disposal of disposable cups, affecting the market.
- Rising Raw Material Costs:
- Fluctuations in the prices of raw materials, such as plastics, can impact the production costs of disposable cups and potentially lead to increased prices.
- Competition from Alternatives:
- The availability of alternative packaging solutions, such as edible packaging or innovative reusable options, can pose a challenge to the disposable cups market.
- Health and Safety Concerns:
- Growing awareness of health and safety issues related to certain materials used in disposable cups, such as concerns about chemical leaching, may impact consumer choices.
- Cultural Shifts:
- Cultural shifts and changing consumer attitudes towards single-use items may influence purchasing decisions and impact the disposable cups market.
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Competition Landscape: Disposable Cups Market
Key players operating in the global disposable cups market are
- Pactiv LLC
- Berry Global Group, Inc.
- Dart Container Corporation
- Huhtamaki Oyj
- Detpak (Detmold Group)
- Georgia-Pacific LLC
- Greiner Packaging International GmbH
- Genpak, LLC.
Also, few of the other noticeable players in the market are Fuling Plastic USA, Inc., Churchill Container, ConverPack Inc., FrugalPac Limited, Go-Pak Group, Grupo Phoenix Capital Limited, CEE Schisler Packaging Solutions, F Bender Limited, SEDA International Packaging Group S.p.A., Duni Group Global, and Stanpac Inc. and others. Tier 1 players in the market hold 15 to 20% in the global disposable cups market.
“Increasing demand for on-the-go snacking is projected to propel sales of tea, coffee, lemonade, and soft drinks worldwide. It is projected to drive disposable cups sales in the next ten years. Key companies are likely to develop new cups with innovative materials to attract a large consumer base,” says a lead Future Market Insights analyst.
For instance,
- In July 2021, following single-use plastic ban in the European Union, Vegware updated their disposable cups’ design to comply with the single-use plastics directive.
- In June 2021, Novolex launched a new manufacturing line to produce compostable cups from plant-based plastic (polylactic acid) which appears, behaves, and performs just like a traditional plastic cup.
Plastic Ban in Significant Regions is Expected to Deter Disposable Cup Sales
Single-use plastic damages wildlife, flora, and fauna. It also pollutes the environment and uses up vital natural resources in its production. Due to the massive amount of plastic waste in landfills and the ocean, several nations have outlawed single-use plastics.
Around 15 million metric tonnes of plastic debris are dumped into the ocean annually, according to Oceana Inc. Every minute, around two trucks worth of plastic trash are produced and dumped into the ocean. More than any other nation, the USA produces a substantial amount of plastic waste. Devastating effects may result from the rapid increase in terms of plastic manufacturing.
Expanded polystyrene products are no longer available and are even prohibited in Europe. Purpose of this new rule named Single-Use-Plastics (SUP), is to lessen negative effects that plastic has on both human health and the aquatic environment.
The order was incorporated into national law and became effective on July 3, 2021. Any nation that violates these duties will pay a price. Numerous countries are imposing restrictions on single-use plastics, which is impeding expansion of the disposable cup business.
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Key Segmentations:
By Material Type:
- Paper
- Plastic
- Foam
- Bagasse
By Capacity:
- Less than 250 ml
- 250 to 750 ml
- Above 750 ml
By Application:
- Food
- Spreads
- Sausages & Dressings
- Confectionary
- Dairy
- Ice Cream
- Yogurt
- Drinks
- Beverages
- Hot
- Cold
By Sales Channel:
- Manufacturers (Direct Sales)
- Retail
- Hypermarket
- Supermarket
- Convenience Stores
- Specialty Stores
- Distributors
- Online
By End Use:
- Commercial Use
- Hotels & Cafes
- Full Service Restaurants
- Quick Service Restaurants
- Venues & Catering
- Mobile Food Vendors
- Bakery & Patisserie
- Institutional Use
- Schools & Colleges
- Offices
- Hospitals
- Airports & Railways
- Household Use
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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