Product ID: SQSG15Q2002
Global Disposable Cups Market Size, Share, Growth Analysis, By Product(Paper, Plastic), By End-User(Commercial, Institutional) - Industry Forecast 2024-2031
Report ID:
SQSG15Q2002 |
Region:
Global |
Published Date: February, 2024
Pages:
165
|
Tables:
63 |
Figures:
75
Global Disposable Cups Market Insights
Global Disposable Cups Market size was valued at USD 10.29 billion in 2019 and is poised to grow from USD 10.61 billion in 2023 to USD 13.96 billion by 2031, growing at a CAGR of 3.1% in the forecast period (2024-2031).
The use of disposable cups lessens exposure to illnesses and viruses that are spread through contaminated food. The industrial canteen, food canteens, IT companies, coffee or tea shops, educational institutions, restaurants, fast food chains, supermarkets, event planners, and health clubs are the biggest consumers of these disposable cups. There are many various types, shapes, and sizes of disposable cups. They work well for serving hot or cold beverages since they are moisture-resistant.
Disposable cups are practical and affordable. Some are even insulated to maintain the temperature of hot drinks and cold drinks for long periods of time. Due to growing health and hygiene concerns as well as the need to prevent the transmission of infection, single-use disposable cups are currently selling more. The tamper-proof packaging of the disposable cup guards against food contamination while it is being transported. Biodegradable cups are ones that can decompose spontaneously and be absorbed back into the environment by microorganisms like bacteria or fungi.
People are increasingly adopting the disposable cup habit. The demand for throwaway cups has grown as people all around the world show a growing preference for ready-to-drink beverages. For consumers who are worried about damaging or carrying around glasses, mugs, and steins, disposable cups are a great substitute. Demand is anticipated to rise in the upcoming years due to disposable cups' rising popularity at celebrations and social gatherings. There are numerous uses for single-serving cups around the house. They are perfect for serving adult beverages like espresso and cappuccino as well as beverage samples and portion-controlling out child servings.
Numerous environmentally friendly designs of disposable plastic cups made of PLA plant starch and corn plastic are offered. Cups that are entirely compostable, sustainable, and disposable are produced with less energy than conventional paper cups and are constructed from renewable resources. Other factors anticipated to propel market growth include quick urbanization, rising per capita income, expanding purchasing power of the populace, and shifting dietary preferences of the populace. The global disposable cups market is also predicted to increase as a result of rising consumer awareness of hygienic products.
US Disposable Cups Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Disposable Cups Market Report Snapshots
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