The demand for these items will increase at a value compound annual growth rate (CAGR) of 6% from 2021 to 2031 and reach millions of units by that year, according to findings from a market analysis of beverage cups that were recently published.
Sales of beverage cups are expected to increase dramatically by 2031 as a result of consumers’ growing preference for ordering ready-to-eat meals, quick delivery, and throwaway packaging.
For More Insights on this Market, Get A Sample Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-13743
Competitive Landscape
Key players such as
- Huhtamäki Oyj
- Cosmoplast Industrial Company (L.L.C.)
- BioPak
- Genpak
- LLC
- Dart Container Corporation
- DOPLA PAP a.s.
- Berry Global Inc. and others
Speak to Our Analyst @ https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-13743
are actively involved in beverage cups market for different applications.
Key Asian players such as
- Nippon Paper Industries Co.Ltd.
- Anbao
- Xiamen Weihao Eco-Friendly Tech Co.Ltd
- Dongguan City
- Chun Fu Mold Co.Ltd
- Nisuma and WBS
others are actively involved in beverage cups market for different applications.
Get 20% Discount @ https://www.futuremarketinsights.com/request-discount/rep-gb-13743
Beverage Cups Market: Market Outlook
In today’s fast-developing market, cutthroat competition is almost every part of life, including the packaging industry. It becomes crucial for companies to increase productivity by using sustainable and eco-friendly materials and adopting innovative technology. The novel food packaging is now designed according to the consumer’s needs, priorities, and preferences.
The beverage cup is a drink carrier or a top-open cup for drinking, pouring, and holding liquid beverage items. The beverage cups are mainly made of glass, paper and, plastic material, whereas polypropylene is used to manufacture plastic cups. The beverage cups are widely used for drinking hot coffee, tea, fruit juices, cold drinks, soups, and other liquid beverage products.
Also, these beverage cups are disposable or recyclable designed and available in different sizes, shapes, styles, and colours as per functions and applicability.
What Are the Key Market Drivers Impacting the Growth of Beverage Cups Market?
Beverage cups have become trendy due to rising consumer’s convenience and single-use consumption patterns. The consumers are aware of health, hygiene, and cleanliness.
Thus, they prefer the safest, reliable and convenient packaging solution. Most public places, restaurants, offices, and significant family events like weddings, parties, get-togethers, and beverage cups are used to serve soft drinks, hot or cold drinks, and water.
The paper or plastic beverage cups are primarily applicable for single-use purposes, which creates the safety of spreading the contamination and hand and oral infection. The beverage cups are also safe for drinking any food liquid products. It retains the food quality, flavour, taste, and hygiene and protects the contents from outside pollution and dust particles. All these factors will augment the growth of the beverage cups market.
Competitive Landscape
Key players such as
- Huhtamäki Oyj
- Cosmoplast Industrial Company (L.L.C.)
- BioPak
- Genpak
- LLC
- Dart Container Corporation
Key Segments of Beverage Cups Market Covered in the Report
Based on Material:
- Plastic
- Paper
- Foam
- Glass
- Metal
Based on Capacity:
- Up to 150 ml
- 151 – 350 ml
- 351 – 500 ml
- Above 500 ml
Based on End Use:
- Household
- Institutional
- Corporates
- Foodservice
Based on the Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
About Us:
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years
Contact Us:
Future Market Insights Inc.
Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
Dubai
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
Browse all Reports: https://www.futuremarketinsights.com/reports