Paper Cups and Plates Market Size to Expand at a CAGR of 2% during 2019-2024

1. Global Paper Cups and Plates Market Research Report and Forecast 2024 Report Edition: 2019 Copyright © IMARC Service Pvt Ltd. All Rights Reserved © 2019 IMARC All Rights Reserved

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3. Report Description and Highlights Report Description Global Paper Cups and Plates Market Overview: Paper cups and paper plates refer to disposable cutlery which is lined with plastic or wax in order to prevent liquid from leaking out or soaking through the paper. They have been a significant part of the food and beverage industry for decades. As paper cups and paper plates are effective in preventing germination and transferring of germs, they are highly preferred in public sphere like schools, colleges, workplaces, eating joints, etc. A new research report titled “Paper Cups and Plates Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024” by IMARC Group estimates that the global paper cups and paper plates market was nearly US$ 106 Billion in 2018. The report further anticipates the market to reach around US$ 119 Billion by 2024, exhibiting a CAGR of nearly 2% during 2019-2024. Global Paper Cups and Paper Plates Market Drivers/Constraints: • One of the major factors influencing the market growth of paper cups and paper plates is the rising awareness about hygiene and sanitation amongst consumers. Disposable paper cups and plates are exposed to high heat during the process of manufacturing which leaves the product safe and sterile.

4. Report Description and Highlights Report Description 186.5 181.2 120.2125.5130.8136.1141.4146.7152.0157.3 175.9 170.6 160 180 165.3 160.0 160 140 140 120 In Billion US$ in Billion US$ 120 100 100 80 80 60 60 40 40 20 20 0 0 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 • For controlling the environmental damage caused by plastics, the government of several countries have prohibited the use of plastic cups while promoting the use of eco-friendly products. Request for a free sample report: https://www.imarcgroup.com/paper-cups-and-plates- market/requestsample

5. Report Description and Highlights Report Description • A strong growth in travel and tourism sector which extensively utilises paper cups and paper plates represent another factor that have been proactive in maintaining the growth of the market. Some of the other factors fostering the growth of the global paper cups and paper plates market include easy handling, convenience, biodegradability, recyclability, rising global population and a consistent demand from emerging nations. However, there are a variety of substitutes available for paper cups and paper plates in the market which acts a primary factor impeding the market growth. • • Key Market Segmentation: Paper Cups Market Segmentation by Product Type • • Hot Paper Cups Cold Paper Cups Paper Plates Market Segmentation by Product Type • Heavy-Duty Paper Plates

6. Report Description and Highlights Report Description • Medium-Duty Paper Plates On the basis of type, the paper cups market is segmented as hot paper cups and cold paper cups. Currently, hot paper cups are exhibiting a clear dominance in the market. Whereas, the paper plates market is segregated into heavy-duty paper plates and medium-duty paper plates. Amongst these, heavy duty paper plates represent the biggest segment. For more information, click here: https://www.imarcgroup.com/paper-cups-and-plates-market Paper Cups Market Segmentation by Wall Type • • Single Wall Double Wall Based on wall type, the paper cups market is classified as single wall and double wall. At present, single wall paper cups represent the leading segment with the majority of the market share. Market Segmentation by Region

7. Report Description and Highlights Report Description • • • • • Asia Pacific North America Europe Middle East and Africa Latin America On a geographical front, Asia-Pacific enjoys a leading position in the global paper cups and paper plates market, accounting for the largest market share. Asia-Pacific is followed by North America, Europe, Middle East and Africa, and Latin America. Competitive Landscape: The market is highly fragmented with the presence of different small as well as large manufacturers who are competing against each other in terms of prices and quality. There is a high competition in the market which makes it difficult for small players to survive. Some of the leading players operating in the market are: • Dart Container

8. Report Description and Highlights Report Description • • • • Huhtamaki Pactiv LLC Letica Corporation Georgia Pacific Browse Related Report US Paper Cups and Plates Market Report: https://www.imarcgroup.com/us-paper-cups-plates-market Pallet Market Report: https://www.imarcgroup.com/pallet-market

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11. Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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