According to IMARC Group latest published report, The paper cups market size in India reached a volume of 21.3 Billion Units in 2021. Looking forward, IMARC Group expects the market to reach 25.1 Billion Units by 2027, exhibiting a CAGR of 2.8% during 2022-2027.
Year Considered to Estimate the Market Size:
Base Year of the Analysis: 2021
Historical Period: 2016-2021
Forecast Period: 2022-2027
Paper cups are disposable cups that are used to contain food and liquids such tea, coffee, soft drinks, and soups. They have a plastic or wax coating that keeps liquids from soaking through or leaking out of the paper. The need for paper cups is rising in India, thanks to the burgeoning food business and the growing trend of takeaway services.
Download free sample of the report: https://www.imarcgroup.com/indian-paper-cups-market/requestsample
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
India Paper Cups Market Trends:
The rising awareness among consumers about cleanliness and hygiene has encouraged them to use disposable paper cups as they are considered safer as compared to their reusable counterparts. These cups undergo extreme heat during the manufacturing process, which kills bacteria and sterilizes the product. Apart from this, on account of the environmental damage caused by plastics, the Government of India is promoting the use of paper cups as they are biodegradable, recyclable and tend to take lesser time to get decomposed as compared to the plastic or foam cups. Besides this, due to the rapid urbanization and busy lifestyles, people across the country prefer paper cups owing to the several advantages offered by them. They help in saving time and effort, require no premeditation or cleaning, and do not need to be returned as they can be easily discarded after use.
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Market Summary:
Based on the cup type, the market has been segmented into hot and cold paper cups.
On the basis of the wall type, the market has been classified into single, double and triple wall paper cups.
The market has been categorized based on the cup size into small, medium and large.
On the basis of the application, the market has been divided into tea and coffee, chilled food and beverages, and others.
Based on the end user, the market has been segregated into coffee/tea shops, fast food shops/QSRs, offices, educational institutes and multiplexes, supermarkets (food court) and others.
Region-wise, the market has been segmented into Maharashtra, Uttar Pradesh, Tamil Nadu, West Bengal, Gujarat and others.
The competitive landscape of the market has also been examined, with some of the key players being: Leetha Group, Sri Lakshmi Polypack, Octane Ecowares Pvt Ltd., Plus Paper Foodpac Limited, Neeyog Packaging, Swan International, Manohar International Private
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