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Market Status and Future Development Trend of Disposable Plastic Cups and Paper Cups
Release time:
2023-10-30
In 2022, the global disposable plastic cups and paper cups market sales reached $1.7 billion, and is expected to reach $1.9 billion in 2029, with a compound annual growth rate (CAGR) of 1.9 (2023-2029). At the regional level, the Chinese market has changed rapidly in the past few years. In 2022, the market size will be one million US dollars, accounting for about% of the world. It is expected to reach one million US dollars in 2029, when the global share will reach%.
At the consumer level, the region is currently the world's largest consumer market, with a market share of% in 2022, followed by% and%, respectively. The region is expected to see the fastest growth in the next few years, with a CAGR of approximately% in the 2023-2029 period.
On the production side, North America and Europe are the two largest production regions, with% and% market share respectively in 2022. It is expected that the regions will maintain the fastest growth rate in the next few years, and the share is expected to reach% in 2029.
In terms of product types, paper cups occupy an important position, and the share is expected to reach% in 2029. At the same time, in terms of applications, the commercial share in 2022 is about%, and the CAGR in the next few years is about%.
From the perspective of manufacturers, the core manufacturers of disposable plastic cups and paper cups worldwide mainly include Huhtamaki, Dart Container, Reynolds, Graphic Packaging and Koch Industries. In 2022, the world's first tier manufacturers mainly include Huhtamaki, Dart Container, Reynolds and Graphic Packaging, with the first tier accounting for about% of the market share. The second tier manufacturers include Koch Industries, Berry Global, Seda Group and Lollicup, with a total share of%.
This report examines the capacity, production, sales, sales, prices and future trends of disposable plastic and paper cups in the global and Chinese markets. Focus on analyzing the product characteristics, product specifications, prices, sales volume, sales revenue and market share of major manufacturers in the global and Chinese markets. Historical data is from 2018 to 2022 and forecast data is from 2023 to 2029.
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