Will Paper Cups Market Rebound in 2021? Know about the future growth scenarios and changing dynamics.
The Paper Cups market report from Stratview Research is an in-depth study of the market dynamics across the globe. The study will cover the market intelligence and information for a period of 12 years from 2016 to 2026. The base year for the study is 2020.
Paper Cups Market Forecast:
Post pandemic, the market is expected to rebound from 2021 onwards posting a modest CAGR till 2026. (Include the market forecast numbers, if given in the RD) The market forecast is arrived at after conducting scenario analysis. The global forecast will include market size for three different scenarios: Pessimistic, Most-likely, and Optimistic. The scenario analysis will help the stakeholders and market players to plan their market spending and budgeting for the short- to medium-term strategy period.
The report also covers analyst opinions and prospects, competitive landscapes, and key regions from both a regional and a global perspective. The report also examines several factors, including driving factors and challenges.
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Analysis of Paper Cups Market Key Manufacturers:
According to the report, the Paper Cups Market includes suppliers, product manufacturers, and OEMs. Following is a list of the Key Players in this market.
• International Paper Company
• Dart Container Corporation
• Konie Cups International Inc.
• Huhtamaki OYJ
• Kap Cones Private Limited
• Eco-Products, Inc.
• Phoenix Packaging Operations, LLC
• Shanghai Xinyu Paper Cup Co., Ltd.
• DONGYANG KANGBAO Paper Cups CO., Ltd
• Benders Paper Cup.
Growth drivers and Market Value:
This report, from Stratview Research, studies Paper Cups Market value and growth drivers over the trend period of 2021-26. According to the report –
Paper cups market is likely to witness a promising CAGR of 3.1% during the forecast period. The prime factor that is contributing to the demand for paper cups is the growing fast-food market coupled with busy lifestyle of the current era.
Based on by End-User Type:
Based on the end-user type, the market is segmented as quick service restaurants, institutional, and others. The quick service restaurants segment held the largest share by end-user type in 2019 and is expected to maintain its vanguard owing to the rising trend of takeaway food coupled with regulatory guidelines to replace plastic disposable cups with paper cups in various countries.
Based on Regional:
In terms of regions, Asia-Pacific is estimated to contribute for the largest market share over the forecast period. The Asia-Pacific market is expected to grow with a lucrative CAGR due to growing disposable incomes and rising urbanization coupled with huge demand for coffee and tea in the region. North America is expected to account for a significant market share owing to ban on single use plastics for disposable cups.
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Research Methodology & Features –
This report offers in-depth insights and is the result of detailed research methodology through secondary research, extensive primary interviews with industry key players, and statistical tools. The report provides vital information related to the market dynamics and enables strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
- Market structure: Overview, industry life cycle analysis, supply chain analysis
- Market environment analysis: Growth drivers and constraints
- Market trend and forecast analysis
- Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
- Attractive market segments and associated growth opportunities
- Emerging trends
- Key success factors & more.
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