Paper Cups Market to Grow at a CAGR of 4.0% through 2027

1. Paper Cups Market March 2020 Report Id : REP-GB-7591 Published On : Nov 21,2018 Category : Packaging www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights © 2019 Future Market Insights, All Rights Reserved www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights © 2019 Future Market Insights, All Rights Reserved

2. About Future Market Insights Future Market Insights (FMI) is a premier provider of syndicated research reports, custom research reports, and consulting services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights,aerial view of the competitive framework,and future market trends. We provide research services at a global as well as regional level; key regions include GCC, ASEAN, and BRIC. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology,Healthcare, and Retail. We have a global presence with delivery centers across India specializing in providing global research reports and country research reports. FMI is headquartered out of London, U.K., with a state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning from every corner of the world to distill it to one thing – the perfect solutionfor our client. Research Capabilities Sector Coverage ❑ ❑ ❑ ❑ ❑ ❑ ❑ ❑ ❑ ❑ ❑ ❑ Customized Research Syndicated Research Investment Research Social Media Research Automotive and Transportation Electronics, Semiconductor, and ICT Retail and Consumer Products Industrial Automation and Equipment Chemicals & Materials Food and Beverages Services and Utilities Energy, Mining, Oil, and Gas Customized Research Subscription Information Syndicated Research For detailed subscription information please contact Hari. T (Sr. Manager - Global Business Development) Investment Research T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com Social Media Research www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 2 © 2019 Future Market Insights, All Rights Reserved

3. Research Methodology (1/2) Systematic Research Approach 1 In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc. Research & Intelligence Data Collection Data Filter & Analysis Actionable Insights Business Solution Market profiling 2 FMI formulates a detailed discussion guide to conduct expert and industry interviews ❑ ❑ ❑ ❑ Identifying key opinion leaders Questionnaire design In-depth interviews Coverage across value chain Formulating discussion guide 3 A FMI develops a list of industry players (manufacturers), distributors, retailers and industry experts Primary Research ❑ ❑ ❑ ❑ ❑ ❑ Key industry experts Channel study Developments Market dynamics Products Conclusions Developing list of respondents B 4 FMI conducts interviews with industry experts, industry players, distributors and retailers SOLUTION Desk Research Data collection ❑ ❑ ❑ ❑ ❑ Market participants Key strengths Product portfolio Mapping as per value chain Key focus segments C Company Analysis Data is validated by triangulation method, wherein secondary, primary and FMI analysis contribute to the final data 5 Data validation 6 Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry Data analysis Primary Research# Secondary Research # Paid Publications# ❑ ❑ ❑ ❑ ❑ ❑ ❑ ❑ ❑ ❑ Linkedin Zoominfo Salesforce Avention Company websites Company annual reports White papers Financial reports Factiva GBI Genios Meltwater 7 FMI delivers industry insights and information in the required format (PDF) Insights ❑ ❑ # includes sources of databases www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 3 © 2019 Future Market Insights, All Rights Reserved

4. Paper Cups Market Analysis Anticipated to reach a valuation of approximately US$ 8.4 Billion in 2019 and representing a moderate year-on-year growth rate, the global landscape for paper cups is expected to flourish, considering the ‘environment-friendly’ status because of its decomposable and biodegradable nature. Moreover, government regulations favoring environmental benefits will fuel the widespread adoption of paper cups, predicts Future Market Insights in its recent study on the global paper cups market. “While the global sales revenue of paper cups is anticipated to witness a modest 4.1% year-on-year growth, the market study by FMI also estimates total volume consumption of paper cups to reach approximately 309,890 units in 2019,” a senior research analyst elaborates. Foodservice Sector Goes ‘Green’ The foodservice sector is expected to witness lucrative investment and innovation opportunities, amidst the ‘go-green’ trend, wherein switching to environmentally conscious serving options are more than a blind business strategy. Manufacturers and brands are not just simply replacing foam and plastic lining with plant-based products or bioplastics; it is also being used as a way to be build brands. For instance, Smart Planet Technologies’ new coating formulation called EarthCoating for its new ‘reCUP’ is anticipated to remain fully compatible with conventional paper recycling systems. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 4 © 2019 Future Market Insights, All Rights Reserved

5. Paper Cups Market Analysis “A visible paradigm shift to sustainability, combined with government initiatives and regulations calling for reduced carbon footprint, is providing a robust push to the sales of eco-friendly paper cups”, explains the senior analyst Key Insights from the Report on Global Paper Cups Market 1. North America and Western Europe paper cups market are expected to remain the most attractive through the forecast period of 2018-2027, considering elevating demand in institutes and public places. 2. Public places are anticipated to be the key revenue generators for the global paper cups market. Moreover, increased installations of intelligent vending machines in such public places will continue to drive paper cups market. Technologically advanced paper cups vending machines, also equipped with smart interaction options are projected to gain traction in North America, Europe, and Asia Pacific. 3. Regulations resonating with banning single-use plastic products, including the new French law demanding disposable tableware made of a least 50% biologically-sourced materials that can be composted at home, could slow down the sales revenue of paper cups, considering plastic still accounts for over 27% of the global paper cups market, by material. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 5 © 2019 Future Market Insights, All Rights Reserved

6. Paper Cups Market Analysis Questions over recyclability of paper cups, especially those lined with Polyethylene (PE) continue to loom large, considering its complex production process. Moreover, most coffee cups, contaminated with liquid, end up not being recycled—calling for special recycling plants. However, manufacturers of paper cups are increasingly replacing PE with Poly Lactic Acid (PLA)—a bioplastics, making paper cups completely bio-degradable. On the basis of cup type, hot beverage cups, holding nearly 60 percent of the total market share, considering increasing demand for beverages including tea and coffee. Georgia-Pacific LLC, for instance, introduced a double-walled paper cup for with air pockets, for its hot beverages, to provide effective thermal insulation to users. Hot paper cups with sleeves are an emerging trend, to keep the user’s hands well insulated. Moreover, brands are also using hot paper cups sleeves, made of textured paperboard, as an effective advertising tool in the form of designs and logos. In terms of cup capacity, 150 to 350 ml represents the largest segment, representing nearly 47 percent of the total market share. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 6 © 2019 Future Market Insights, All Rights Reserved

7. Paper Cups Market Analysis Key Trends Spotted in the Global Paper Cups Market Consumer Convenience and ‘On-the-Go’ Cups continue to be critical growth driver. Manufacturers of paper cups are increasingly investing in expanding their product portfolios to cater to the growing demand from ‘on-the-go’ consumer generation, with a visible shift in designing, further resonating with consumer who craves portability and convenience. Steady development of vending machine technologies have paved way for ‘on-the-go’ cups, specifically for coffee beverages. Manufactures are racing ahead to enhance the aesthetic appeal of the paper cups with increased emphasis on printed vending cups. For instance, Huhtamaki recently developed a new paper cup concept, which enhances its existing line of premium paper cups. Multi-color printing, increased focus on high quality printed designs, and engraving are anticipated to drive the paper cups consumption. Manufacturers are increasingly adopting ‘smart’ technologies including labels and QR codes. For instance, Huhtamaki Oyj launched a disposable paper cup called Adtone cup—having heat activated thermo chromic label and a QR code. Click here to Order a free sample www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 7 © 2019 Future Market Insights, All Rights Reserved

8. Paper Cups Market Analysis Competitive Landscape Analysis: Forward Market Strategy Analysis The global paper cups market represents a highly fragmented landscape, with tier-3 players including Genpack, LLC, Coveris Holdings S.A, Lollicup USA, Inc, among, contributing nearly 80-90 percent revenue to the global paper cups market, superseding tier-1 and tier-2 companies, contributing 5-10 percent revenue share, each. As the intensity of competition in the global paper cups market remains high, manufacturers are projected to make efforts to expand their product offering to set their products apart from the competitors. Apart from strategic collaborations, capacity expansion is the key forward market strategy adopted by key companies in global paper cups market. In August 2017, Dart Container Corporation invested over US$ 40 Mn in Michigan U.S. for its new innovation center, employing 136 people. Georgia-Pacific LL is expanding its lumber production capacity along with paper recycling capability to reduce dependency on external supply of lumber for converting into consumer products. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 8 © 2019 Future Market Insights, All Rights Reserved

9. Paper Cups Market Analysis Request for covid19 Impact Analysis: https://www.futuremarketinsights.com/covid19/ REP-GB- 7591 Press Release Source: https://www.globenewswire.com/news- release/2019/08/28/1907664/0/en/Paper-Cups-Market-to-Grow-at-a-CAGR-of-4-0-in-terms-of- value-during-2018-to-2027-Future-Market-Insights.html More from FMI’s Packaging Market Intelligence: 1. 2. 3. Temperature Controlled Packaging Solutions for Pharmaceuticals Market Carbon black for Packaging market UV Stabilized Films Market www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 9 © 2019 Future Market Insights, All Rights Reserved

10. Paper Cups Market Analysis About Future Market Insights (FMI) Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India. FMI’s largest market research reports and industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition. Contact Mr. Abhishek Budholiya Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A, Jumeirah Lakes Towers, Dubai, United Arab Emirates MARKET ACCESS DMCC Initiative For Sales Enquiries: sales@futuremarketinsights.com For Media Enquiries: press@futuremarketinsights.com Future Market Insights www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 10 © 2019 Future Market Insights, All Rights Reserved

11. To know more about us, please visit our website: www.futuremarketinsights.com For sales queries or new topics email us on: sales@futuremarketinsights.com For media queries, contact the press office at press@futuremarketinsights.com For other queries contact: Hari. T (Sr. Manager - Global Business Development) Future Market Insights: 3rd Floor, 207 Regent Street, London W1B 3HH T: +44 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com Future Market Insights Global & Consulting Private Limited (FMI) Thank You www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 11 © 2019 Future Market Insights, All Rights Reserved