Paper Cups Market, By Cup Type (Hot Paper Cups, Cold Paper Cups), By End User (Quick Service Restaurants, Institutional, Other End Users), By Wall Type (Single-Wall Paper Cups, Double-Wall Paper Cups, Triple-Wall Paper Cups), By (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)- Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030
A paper cup is a disposable cup made of paper, often lined with wax or plastic, to keep liquids from leaking. These cups are widely used around the world. Paper cups are also often made from recycled paper. The environmental impact of these cups is less than those of other types of cups, and they are also an environmentally friendly option. Paper cups became more popular after the Spanish flu epidemic of 1918, which killed fifty-to-one million people.
Market Dynamics:
The growth of paper cups market can be attributed to the growing environmental awareness. Several countries around the world are implementing initiatives to reduce plastic waste and promote sustainable eating. For instance, countries like the U.S. and France have banned the use of single-use plastic cups. Also, increasing number of quick service restaurants and cafes is again expected to foster market growth. Moreover, rising popularity of take-away services in the food and beverage sector is further projected to augment market growth.
On the other hand, concern associated with the recyclability of paper cups as they have plastic coatings is expected to hamper the market growth.
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