DUBLIN--(BUSINESS WIRE)--The "Global Disposable Cups Market By Product (Foam, Plastic and Paper), By End Use (Commercial, Institutional and Household), By Regional Outlook, Industry Analysis Report and Forecast, 2020 - 2026" report has been added to ResearchAndMarkets.com's offering.
The Global Disposable Cups Market size is expected to reach $3.8 billion by 2026, rising at a market growth of 9.5% CAGR during the forecast period. A disposable cup is a substitute for the utensils like glasses, steins, and mugs, which a customer cannot carry with them. There is rising usage of disposable cups in parties, social gatherings, and celebrations, which will contribute to the surging growth of the market in the future.
These cups have a wide range of uses in households. Many households keep some stock of small disposable cups as they use them to serve child-friendly portions to kids and serve adult refreshments like cappuccino and espresso. In addition, disposable cups are also used to prevent the spread of infections and diseases in households when a person is ill. Moreover, these cups are handy which is why they are used in mixing paints, stains, or adhesives for any kind of home-improvement or craft projects. All these aspects are fueling the growth of the global disposable cups market in the forecast years.
Though, there are certain types of disposable cups that are manufactured by using plastic and cause harm to the environment when discarded. In addition to this, the rising concerns of people about environmental issues are estimated to hinder the growth of the market in the future years. There are many benefits offered by disposable cups but they are also harmful to the environment as they are made up of plastic and foam. Plastic takes many years to break down, thus it pollutes the environment, and also harms wildlife. There are several countries around the world, which are framing rules to reduce the usage of single-use plastics and even putting a ban on these kinds of plastics. For example, France formulated a new policy, which had banned disposable, single-use cups, utensils, and plates by the end of August 2019. The substitutes available for reusability of such wasteful single-use plastics are increasing around the world.
Companies Profiled
- Berry Global Group, Inc.
- WestRock Company
- Huhtamaki Oyj
- Dart Container Corporation (Aprinta Group)
- Eco-Products, Inc. (The Waddington Group, Inc.)
- Duni AB
- Genpak, LLC (Great Pacific Enterprises, Inc.)
- SCG Packaging Public Company Limited (Siam Cement Group)
- ConverPack, Inc.
- Bender, Inc.
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Key Topics Covered:
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Global Disposable Cups Market by End Use
3.1 Global Foam Market by Region
3.2 Global Plastic Market by Region
3.3 Global Paper Market by Region
Chapter 4. Global Disposable Cups Market by Product
4.1 Global Commercial Market by Region
4.2 Global Institutional Market by Region
4.3 Global Household Market by Region
Chapter 5. Global Disposable Cups Market by Region
Chapter 6. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/hgqsfa
