Cup Carriers Market Size, Share, and Analysis, By Material (Paper, Plastic, Wood, Metal, Molded Pulp), By Number of Packs (Single Cup, 2 Cups, 4 Cups, Above 4 Cups), By End User Industry (Pharmaceuticals, Institutional, Food and Beverages, Cosmetics and Personal care and Others) and Regional Forecasts, 2022-2032
PRODUCT OVERVIEW
Global Cup Carriers Market size was USD 3,994 million in 2021 and projected to grow from USD 4,405.2 million in 2023 to USD 6,897.3 million by 2032, exhibiting a CAGR of 5.2% during the forecast period.
Cup carriers are designed to hold and transport cups or beverages, and are usually used in restaurants, cafes, and other food and beverage establishments. Cup carriers are provided with ergonomic handling. They are available in a variety of materials like Paper, Plastic, Wood, Metal, Molded Pulp and can hold anywhere from 1 to 6 cups at once. They provide a practical solution for take away options like fast food centers, restaurants or coffee outlets. The demand for cup carriers is increasing, and the key players are focusing on new designs and innovations which is expected to boost the growth of global cup carriers’ market.
MARKET HIGHLIGHTS
Global Cup Carriers Market is expected to reach USD 6,897.3 million, growing at a CAGR of 5.2% during forecast period owing to the rising demand for takeaway options and the increment of food and beverage industry. The customization and innovative options of manufacturers to meet the needs and demands of customers is boosting the growth of the market. The development of novel improved cup carrier designs with increased visual appearance, more functionality and durability are expected to boost the growth of the market.
Cup Carriers Market Segments:

  • Material
  • ·Paper
  • ·Plastic
  • ·Wood
  • ·Metal
  • ·Molded Pulp
  • Number of Packs
  • ·Single Cup
  • ·2 Cups
  • ·4 Cups
  • ·Above 4 Cups
  • End User Industry
  • ·Pharmaceuticals
  • ·Institutional
  • ·Food and Beverages
  • ·Cosmetics and Personal care
  • ·Others



MARKET DYNAMICS
Growth Drivers
Increasing Government Regulations is Expected to Boost the Growth of the Market
Growing Demand for Food and Beverage Industry is Expected to Boost the Growth of the Market
Restraint
Increasing Concerns on Environment May Hamper the Growth of the Market

Key Players

  • MULTIPAP
  • Pactiv Green Paper Products, LLC
  • Graphic Packaging International, LLC
  • Huhtam?ki Oyj
  • Sabert Corporation
  • Colpac Ltd
  • MULTI-WAYS PACKAGING
  • Georgia-Pacific Consumer Products LP
  • PakTech
  • WestRock Company
  • Cascades Inc


Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)


Global Laboratory Temperature Control Units Market is further segmented by region into:

  • North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
  • Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
  • Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
  • Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
  • Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA




Reasons to Purchase this Report

  • Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
  • Provision of market value (USD Billion) data for each segment and sub-segment
  • Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
  • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
  • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
  • The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
  • Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
  • Provides insight into the market through Value Chain
  • Market dynamics scenario, along with growth opportunities of the market in the years to come
  • 3-month post-sales analyst support.