Paper Cups Market Research Report 2016 - 2021
According to new report published by IMARC GROUP, the global paper cups market growing at a CAGR of around 1.7% during 2008-2015 with the global consumption was worth 245 Billion Units. The growing foodservice industry is one of the major factors that is currently driving the growth of the paper cups market globally. To gain deep insights into the market, click here: http://www.imarcgroup.com/paper-cups-manufacturing-plant
According to new report published by IMARC GROUP, the global paper cups market growing at a CAGR of around 1.7% during 2008-2015 with the global consumption was worth 245 Billion Units. The growing foodservice industry is one of the major factors that is currently driving the growth of the paper cups market globally. To gain deep insights into the market, click here: http://www.imarcgroup.com/paper-cups-manufacturing-plant
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Imarc<br />
<strong>Report</strong> Description<br />
www.imarcgroup.com<br />
<strong>Report</strong> Description and Highlights<br />
Growing Foodservice Industry to Be a Major Growth Driver of the <strong>Paper</strong> <strong>Cups</strong> <strong>Market</strong><br />
rowing environmental concerns, awareness about hygiene and sanitisation, rising living standards as well as<br />
the growing foodservice industry are expected to drive the demand of paper cups globally.<br />
<strong>Paper</strong> cups are used all over the world to serve food and beverages like tea, coffee, soft drinks, instant<br />
noodles, sweet corn, etc. Commercially, paper cups are coated with polyethylene to make them liquid<br />
resistant and thus increase their durability. The coating also helps to weld the seams together. There are two<br />
types of paper cups: hot and cold. Cold cups have a waxy coating on both the sides to prevent the paper from<br />
becoming soggy. Hot cups on the other hand, have a coating only on one side and are designed specifically to<br />
withstand the heat. The growing foodservice industry is one of the major factors that is currently driving the<br />
growth of the paper cups market globally. Growing health concerns and the awareness about hygiene and<br />
sanitation have also urged people to utilize paper cups in public places. Moreover, they are convenient to use<br />
and are environment friendly due to their higher biodegradability compared to plastic or foam cups.<br />
According to IMARC’s latest study “<strong>Paper</strong> <strong>Cups</strong> <strong>Market</strong> – Industry Trends, Manufacturing Process, Plant<br />
Setup, Machinery, Raw Materials, Cost and Revenue” the global paper cups consumption was worth 245<br />
Billion Units with the market growing at a CAGR of around 1.7% during 2008-2015. Due to the global<br />
recession in 2009 and a resulting slowdown in food and beverage consumption, the paper cups market<br />
suffered a slow growth. However since 2010, the demand of paper cups have recovered and the market has<br />
witnessed continuous growth.
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