The global disposable cups market size was valued at USD 11.88 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 7.2% from 2021 to 2028. Increasing adoption of disposable cups to serve hot and cold beverages in quick service restaurants is likely to drive their demand in the coming years. In addition, the rising usage of such cups for drinking water in several commercial and residential parties is expected to drive their demand. The use of disposable cups has become quite popular over the past decade.
Disposable cups are a great alternative to glasses, mugs, and steins, especially if consumers are worried about breaking them or carrying them around. Increasing usage of disposable cups at social gatherings and celebrations is likely to propel their demand in the coming years. Single-serving cups have a multitude of uses in the household. They are perfect for serving beverage samples, dishing out child-friendly portions to kids, and even for serving adult refreshments, such as espresso and cappuccino. Thus, several households across the globe are keeping a supply of small disposable cups in the cabinet to prevent the spread of germs when it’s time to rinse with mouthwash or chase back pill and gel-cap medications.
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With the ongoing outbreak of COVID-19, several food service companies across the globe have taken extra measures to ensure the safety and hygiene of their employees and consumers. For instance, fast food giants like Starbucks, Dunkin’, and McDonald’s brands have swiftly announced the suspension of bring-your-own (BYO) container programs in the wake of the pandemic. Amid the pandemic, disposable products are considered to be highly hygienic when it comes to the packaging of food and drinks.
Key Player Mentioned:
- Huhtamäki Oyj
- Dart Container Corporation
- Berry Global Group Inc.
- Pactiv LLC
- DUNI AB
- WestRock Company
- Genpak, LLC
- Go-Pak UK Ltd.
- ConverPack Inc.
- Benders Paper Cups
Product Segment Analysis:
- Paper
- Plastic
- Foam
Despite the positive outlook, disposable cups made of plastic or foam materials are quite harmful to our planet. Even though they are quite convenient, the use of such disposable cups also implies serious problems. As plastic takes an extraordinary length of time to break down, pollutes the environment, and harms wildlife. Across the globe, more and more countries are pushing back on single-use plastics with fees and even sometimes outright bans on these plastics. For instance, at the end of August 2019, France introduced a new policy that would ban disposable, single-use utensils, cups, and plates.
Regional Segment Analysis: North America, Europe, Asia Pacific, Latin America, and Mideast and Africa.
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The market for disposable cups is characterized by the presence of various well-established players. These players are characterized by a diverse product portfolio along, with a vast distribution network. They account for a significant market share and serve their customers across the globe. Besides, the market comprises small-to-mid-sized players, which have a selected range of products and mostly serve local customers.
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