The Paper Cups & Container Forming Equipment Market size is estimated at USD 10.80 billion in 2024, and is expected to reach USD 13.20 billion by 2029, growing at a CAGR of 4.10% during the forecast period (2024-2029).
Paper cups and containers, lined or coated with plastic to prevent leaks, are disposable products. Machinery for forming these cups is crucial for industries relying heavily on paper cups. The rising popularity of paper cups and containers as a sustainable option for food packaging is catering to the growth of the paper cup and container-forming machinery market.
The paper cups and container forming market is fragmented, with major players such as Paper Machinery Corporation, Nessco India, and Horauf America LLC, among others, vying to increase their market share by introducing new products, showcasing their equipment in expos and trade shows, expanding their operations, and entering strategic mergers and acquisitions.
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