The latest report by IMARC Group, titled “Paper Cups Market in Europe: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, evaluates that the European paper cups market reached a volume of around 57 Billion Units in 2017. Paper cups are a type of disposable cups which are widely used in hospitals, schools and offices for consuming foods and beverages like instant noodles, soups, tea and coffee. These cups are made up of food grade paper and are coated or lined with wax or plastic so as to prevent any leakage or spoilage. The liquid resistant property of paper cups is one of the chief reasons for their popularity across Europe. Apart from this, paper cups are user-friendly, light-weight, non-toxic and recyclable. At present, Europe is the third-largest market for paper cups after Asia Pacific and North America.
Browse full report with TOC: https://www.imarcgroup.com/europe-paper-cups-market
Market Trends:
The popularity of the on-the-go coffee culture is increasing day-by-day, especially in the countries of Western Europe, owing to the hectic lifestyle led by the working population. This trend has given a boost to the growth of the paper cups market in the region. Additionally, rising concerns about cleanliness and sanitation have resulted in a decline in the consumption of reusable cups which, in turn, has propelled the demand for use-and-throw paper cups. Further, consumers favor paper cups over plastic cups due to the growing awareness about the environmental risks posed by plastic products. The bio-degradable nature coupled with the easy availability of paper cups is further bolstering the growth of the industry across Europe. Due to these factors, the market is anticipated to register a CAGR of more than 1% during 2018-2023, reaching a volume of nearly 61 Billion Units by 2023.
Get 10% FREE Customization on this Report Study
European Paper Cups Market Summary:
Market Breakup by Cup Type
1. Hot Paper Cups
2. Cold Paper Cups
Based on cup type, the market has been bifurcated into hot paper cups and cold paper cups. Currently, hot paper cups hold the largest share of the European paper cups market.
Market Breakup by Wall Type
1. Single Wall
2. Double Wall
On the basis of wall type, the market has been segmented into single wall paper cups and double wall paper cups. Amongst these, single wall paper cups account for the majority of the total market share.
Get a free sample for this market study here
Market Breakup by Application
1. Tea and Coffee
2. Chilled Food and Beverage
3. Other Food and Beverage
Based on applications, paper cups are majorly used for tea and coffee, holding the dominant share. Other application segments of paper cups include chilled food and beverages, and other food and beverages.
Market Breakup by Key Regions
1. Western Europe
2. Southern Europe
3. Northern Europe
4. Eastern Europe
On a geographical front, Western Europe is the biggest market of paper cups, exhibiting a clear dominance in the market. Other regions include Southern Europe, Northern Europe and Eastern Europe.
Browse similar report by IMARC Group
Global Food Packaging Market Report: https://www.imarcgroup.com/food-packaging-market
Global Smart Labels Market Report: https://www.imarcgroup.com/smart-labels-market
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Media Contact
Company Name: IMARC Group
Contact Person: Richard Lewis
Email: Send Email
Phone: +1-631-791-1145
Country: United States
Website: https://www.imarcgroup.com/