The disposable paper cups market was valued at US$ 8,714.28 million in 2021 and is projected to reach US$ 11,039.14 million by 2028; it is expected to grow at a CAGR of 3.4% from 2021 to 2028.
Disposable paper cups are meant for single-use and are considered highly hygienic. The pandemic created a massive demand for disposable paper cups as consumers find them hygienic and safe. Many fast-food giants such as Dunkin Donuts, McDonald’s, and Starbucks have earlier launched a campaign aimed at weaning off disposable tableware. This campaign also urged consumers to bring their own coffee cups to avoid the use of disposable coffee cups.
However, following the COVID-19 pandemic, public trust in the recyclable and refillable container campaign appeared to have plunged. Therefore, these companies promptly announced the suspension of bring-your-own (BYO) container initiatives. During the pandemic, disposable products are seen as particularly hygienic for food and drink packaging. North America disposable paper cups market share was the largest across the globe, primarily owing to the high adoption of disposable paper cups in the region.
Huhtamaki; Dart Container Corporation; Duni Group; Graphic Packaging International, LLC; F Bender Limited; Seda International Packaging Group; CEE Schisler Packaging Solutions; Grupo Phoenix; SCG PACKAGING; and Reynolds Group Ltd are among the key players operating in the disposable paper cups market.
Moreover, increasing demand for takeaway coffee and other hit beverages in the region is expected to further aid the growth of the disposable paper cups market in the region. Asia Pacific is expected to be the fastest growing region of the global disposable paper cups market. High population and growth of the international coffee chains such as Starbucks, Costa Coffee among others are some of the factors affecting the disposable paper cups market growth. The disposable paper cups market trends are also influenced by the high demand for coffee machines in commercial workspaces and the increasing number of co-working spaces.
The COVID-19 pandemic made it harder for small and medium businesses to operate and sell their products. Moreover, the food service sales suffered significantly during the initial months of the pandemic because of lockdowns and stringent restrictions. The supply chains were completely disrupted due to nationwide lockdown and border restrictions, which affected the production and distribution of various products. However, the pandemic had a mixed impact on the growth of the disposable paper cups market. The raw material supply shortage affected the production of disposable paper cups, coupled with the shutdown of various offices and other institutions. The disposable paper cups market size is expected to return to pre-pandemic levels soon with the resumption of manufacturing and trade activities, supported by the progress of the vaccination drives across the globe.
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