Europe Disposable Cups Market By Product (Foam, Plastic and Paper), By End Use (Commercial, Institutional and Household), By Country, Growth Potential, Industry Analysis Report and Forecast, 2020 - 2026
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Get in-depth analysis of the COVID-19 impact on the Europe Disposable Cups Market
Market Report Description
The Europe Disposable Cups Market would witness market growth of 9.2% CAGR during the forecast period (2020-2026). With the rising adoption of disposable cups to serve hot and cold beverages in quick-service restaurants, the demand for disposable cups is anticipated to grow in the future years. Additionally, the increasing utilization of disposable cups in various commercial and residential parties for drinking water is estimated to propel the market demand.
In the last few years, the disposable cups market gained traction due to its convenience for serving among people. Factors like growing demand for quick-service restaurants (QSRs) from the urban & semi-urban markets and the scarcity of water to clean utensils are likely to fuel the growth of the market. Along with that increasing disposable income among the population along with the shifting food trends as per convenience, will further spur the demand for the product.
The COVID-19 pandemic has created the need to make sure about the safety & sanitation of the employees & consumers in food servicing organizations around the world. Due to the pandemic, disposable products gained popularity as they are considered to be more hygienic in case of packaging food and drinks. So, many other small & big food companies are opting for disposable products as several operators are restricted to take-out or delivery only. With the ongoing pandemic, it is expected that the demand for disposable cups will rise over the upcoming years.
The Paper market dominated the Russia Disposable Cups Market by End Uses in 2019, thereby, achieving a market value of $113.5 million by 2026. The Plastic market is exhibiting a CAGR of 10% during (2020 - 2026).
Based on Product, the market is segmented into Foam, Plastic and Paper. Based on End Use, the market is segmented into Commercial, Institutional and Household. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Berry Global Group, Inc., WestRock Company, Huhtamaki Oyj, Dart Container Corporation (Aprinta Group), Eco-Products, Inc. (The Waddington Group, Inc.), Duni AB, Genpak, LLC (Great Pacific Enterprises, Inc.), SCG Packaging Public Company Limited (Siam Cement Group), ConverPack, Inc., and Bender, Inc.
Scope of the Study
Market Segments Covered in the Report:
By End Use
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Berry Global Group, Inc.
- WestRock Company
- Huhtamaki Oyj
- Dart Container Corporation (Aprinta Group)
- Eco-Products, Inc. (The Waddington Group, Inc.)
- Duni AB
- Genpak, LLC (Great Pacific Enterprises, Inc.)
- SCG Packaging Public Company Limited (Siam Cement Group)
- ConverPack, Inc.
- Bender, Inc.
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