Lucintel’s latest market report analyzed that paper cup provides attractive opportunities in the commercial, industrial, and household markets. The paper cup market is expected to reach $12.3 billion by 2028 with a CAGR of 3.6%. In this market, hot paper cup is the largest segment by product type, whereas commercial is largest by end use industry.
Based on, the paper cup market is segmented into hot paper cups and cold paper cups. The hot paper cup segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to the significant demand for hot cups at fast service restaurants and smaller beverage serving places that sell hot tea and coffee, owing to their affordable cost and convenience.
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The Paper Cup Market is marked by the presence of several big and small players. Some of the prominent players offering paper cup include International Paper Company, Huhtamaki Oyj, Dart Container, Benders Paper Cups, and Konie Cups.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.
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Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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