The consumption of paper cup is further projected to grow in the forecast period of 2019-2024 at a CAGR of 1.8% to attain about 290 billion units in 2024.

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The global paper cup industry is being driven by the robustly growing food and beverage industry, especially in the emerging economies. The projected GDP growth at 3.5% in the forecast period and the growing urban population is providing further impetus to the food and beverage industry growth. China, the leading food and beverage market in the Asia Pacific is expected to grow by 10.7% per annum till 2020 while the food and beverage sales in India is projected to witness an annual growth of 13.1% till 2020. The projected healthy growth of the industry in the Asia Pacific is also aiding the growth of the paper cup industry. The region is the leading market for paper cup accounting for over a third of the global paper cup consumption. The regional paper cup market is also being aided by the healthy growth of the overall paper industry in Asia due to the expansion of the sector within the continent. Currently, China and Japan, along with the US account for over half the total paper consumption, globally.

With growing environmental concerns, major brands are promoting the recycling and sustainability of paper cups. In 2006, Starbucks developed paper cups produced using 10% post-consumer recycled fibre, which was the first such food packaging approved by the FDA (Food and Drug Administration) in the US. Major players in the paper cup industry like Go-Pak UK Ltd and F Bender Limited have partnered with various environmental platforms to promote the recycling of paper cups. F Bender also attains the raw materials for its paper cups from sustainable sources, where every tree felled to manufacture its paper cup is replaced with 3-4 saplings.

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Market Analysis by Types, Applications, and Regions:

* Paper cups, polystyrene foam, and plastic cups are the types of disposable cups commonly available in the market.
* Paper cups can be bifurcated into hot and cold paper cups.
* According to the thickness of the wall, they can also be categorised as single walled and double walled cups.
* Paper cups can be used to hold tea and coffee, along with chilled food and beverages, among others.
* Region-wise, the global disposable cups market, as well as the global paper cup market, can be divided into North America, Europe, Asia Pacific, LATAM, and Middle East and Africa regions.

Key Findings of the Report:

* Currently, the paper cup market is dominated by hot paper cups, which account for more than 65% of the market.
* Tea and coffee account for almost 45% of the paper cup applications, globally.
* The paper cups market is aided by the growth of the disposable cups market with 495 billion units of disposable cups consumed in 2018.
* Rising demand from emerging economies and increasing standards of living are driving the industry growth.
* The growing trend towards online food ordering and home food delivery services are expected to provide further impetus to the paper cup market.
* Sanitation and hygiene concerns are driving the consumer demand for disposable paper cups.
* The biodegradable paper cups are being preferred by the increasingly environmentally conscious consumers.

Key Offerings of the Report:

* The EMR report provides the historical (2014-2018) and forecasted (2019-2024) consumption of disposable cups.
* The report also offers the regional markets for disposable cups for the past (2014-2018) and future (2019-2024) periods.
* It gives the markets for the types of disposable cups as well as paper cups for the periods (2014-2018) and (2019-2024).
* It looks into the historical (2014-2018) and future (2019-2024) demand for paper cups according to their various applications.
* The report by EMR analyses the regional consumption and price trends of paper cups for the periods (2014-2018) and (2019-2024).

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