Packaging / Advertising & Office

According to market forecasts, by 2027, the global paper cup market will be valued at about US$14.32 billion, with a compound growth rate of about 3.63% from 2022 to 2027.

Key Factors Driving Market Growth

According to Watson & Band data, one of the main factors driving the growth of the paper cup market is that with the rising consumption of beverages, the market demand for paper cups is also rising.

According to the import and export data, with the development of urbanization, the consumption level of residents continues to increase, which increases the demand for convenient and time-saving products.

At the same time, beverages ordered for takeaway and home delivery are also becoming more popular. Accordingly, there is a great demand for cups that are both durable and attractive.

According to the import and export data, it is also observed that with the new crown pneumonia pandemic, people's increasing concerns about food hygiene have objectively had a beneficial impact on the paper cup business and increased the market demand for disposable plates, cups and bowls .

Brand manufacturers start paper cup recycling projects

From January 2021, my country will ban single-use and non-biodegradable plastics in restaurants.

The move is aimed at encouraging people to use eco-friendly products and lifestyles, and the government is also encouraging paper recycling. These factors are creating a promising paper cup market.

According to the observation of import and export data, food packaging brand Huhtamaki Pule launched the first paper cup recycling pilot project in China. Within half a year of the pilot, the paper cups used in the relevant parks in Shanghai were collected, sorted into recyclables, and then handed over. Processed by professional recyclers.

According to the import and export data, the recycled fiber materials will be reused to manufacture other non-food contact paper products, thus realizing the closed-loop utilization of fiber materials.