The global plastic cups market is primarily being supported by the rising global disposable cups industry, which reached a value of USD 14.2 billion in 2019. The growth in the industry is expected to be driven by the increased demand for quick service restaurants (QSR) from the urban markets. Increased disposable incomes, as well as changing food trends, are also expected to increase the demand for plastic cups in the coming years. Due to the rising beverage industry, the Asia Pacific is expected to see a rapid growth in the next few years. Metropolitan areas are the main drivers of the plastic cups market growth in the region owing to the massive penetration of cafés and restaurants and the global fast-food chains in tier 1 as well as tier 2 and 3. The key drivers of growth in the Asia Pacific industry are countries such as China, Japan, and India, who are supported by their economic growth as well as the rising workforce.
The market is also being driven by the rising product diversification by the key players in the market. In the year 2018, Dart Container Corporation, one of the key players, added a wide range of plastic cups to their collection. This new addition included MicroGreen™? PET insulated cups and Solo®? Ultra Clear™? New 12 oz Squat PET Cup. Plastic cups are also widely available on Amazon (NASDAQ: AMZN) and Walmart (NYSE: WMT), among other major distribution channels, further aiding the market growth.
Global Plastic Cups Market by Nature:
1. Disposable
2. Non Disposable
3. Recyclable
Global Plastic Cups Market by Type:
1. Heavy Duty, Hard Wall
2. Heavy Duty, Flexible
3. Thin Wall
4. Others
Get a PDF Sample for more detailed market insights @ https://www.expertmarketresearch.com/reports/plastic-cups-market/requestsample
Global Plastic Cups Market by Raw Material:
1. Polylactic Acid (PLA)
2. Polypropylene (PP)
3. Polystyrene (PS)
4. Polyethylene Terephthalate (PET)
5. Poly Vinyl Chloride (PVC)
6. Others
Global Plastic Cups Market by Distribution Channel:
1. Institutional
2. Retail
Global Plastic Cups Market by Application:
1. Chilled Food and Beverages
2. Hot Food and Beverages
3. Others
Global Plastic Cups Market by End Use:
1. Ice Cream Industry
2. QSR and Other Fast Food Shops
3. Offices and Educational Institutions
4. Residential Use
4. Others
Browse full report with detailed TOC and list of figures and tables @ https://www.expertmarketresearch.com/reports/plastic-cups-market
Global Plastic Cups Market by Region:
1 North America
1.1 United States of America
1.2 Canada
2 Europe
2.1 Germany
2.2 United Kingdom
2.3 France
2.4 Italy
2.5 Others
3 Asia Pacific
3.1 China
3.2 Japan
3.3 India
3.4 ASEAN
3.5 Others
4 Latin America
4.1 Brazil
4.2 Argentina
4.3 Mexico
4.4 Others
5 Middle East & Africa
5.1 Saudi Arabia
5.2 United Arab Emirates
5.3 Nigeria
5.4 South Africa
5.5 Others
Porter’s Five Forces Analysis
1 Overview
2 Buyer’s Power
3 Supplier’s Power
4 New Entrants
5 Degree of Rivalry
6 Substitutes
Competitive Landscape & Supplier Analysis:
Huhtamäki Oyj (HEL: HUH1V), Georgia-Pacific Consumer Products LP., Dart Container Corporation, Greiner Packaging International GmbH, Berry Global Inc. (U.S.: NYSE), Cosmoplast Ind. Co. (L.L.C.), Day Young Enterprise Co., Ltd. and others are the major key players of the global plastic cups market.
Note: For a snapshot of the primary and secondary data of the market (2015-2025), along with business strategies and detailed market segmentation, please click on request sample report. The sample report shall be delivered to you within 24 hours.
Impact of COVID-19 on Global Paper Cups and Paper Plates Market:
https://www.expertmarketresearch.com/reports/paper-cups-and-paper-plates-market-report
About Us:
Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.
At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.
We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking. Our currrent customers include Unilever UL, -3.22%, Nestle S.A. (otcmkts:NSRGY), L’Oreal (otcmkts:LRLCY).
Media Contact
Company Name: Expert Market Research
Contact Person: Matt Johnson
Email: Send Email
Phone: +1-415-325-5166
Address:138 Duane Street
City: New York City
State: NY
Country: United States
Website: www.expertmarketresearch.com