Market Overview:
The global cup carrier packaging market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for convenience food and beverages, rising disposable income, and growing urbanization. In terms of type, the paper & paperboard segment is expected to lead the global cup carrier packaging market during the forecast period. This can be attributed to its low cost as compared to other types of materials used for manufacturing cup carriers such as molded fiber, metal, plastic, and others. In terms of application, coffee shops are expected to lead the global cup carrier packaging market during the forecast period owing to an increase in coffee consumption across different parts of the world.
Product Definition:
Cup Carrier Packaging is a type of container that is used to hold and transport cups. This type of packaging is important because it helps to protect the cups from damage and prevents them from being spilled.
Paper & Paperboard:
Paper & paperboard is a thin material made from cellulose fibers, which is derived from natural sources like wood pulp. Cellulose fibers are extracted from the plant and processed to make paper & paperboard. Paper &paperboards are used in various end-use industries including packaging, printing, writing materials etc. The Cup Carrier Packaging market has been witnessing strong growth over the past few years on account of increasing demand for packaged beverages such as juices, milk etc.
Molded Fiber:
Molded fiber is a type of plastic that has been processed to form shapes including sheets, tubes and bags. It can be used as an alternative to thermoformed plastics due to properties such as the ability to be colored or textured. The material is gaining popularity in packaging applications owing its cost-effectiveness, moldability and recyclability among others.
Application Insights:
The market is segmented by application into coffee shops, food retail outlets, restaurants and other eateries, movie halls and sports stadiums. The restaurants and other eateres segment held the largest share in 2017 owing to increasing number of quick service restaurants (QSRs) globally. A growing number of QSRs has resulted in increased usage of packaging solutions that help preserve food quality until the customer reaches home.
The coffee shops segment is expected to grow at a significant rate over the forecast period due to rising consumer preference for specialty coffee produced using various flavors and ingredients coupled with high consumption rates among working professionals globally. Furthermore, increasing consumption rates among millennials has driven demand for packaged goods such as cakes & pastries which are sold through cafes & bakery stores worldwide.
Regional Analysis:
North America dominated the global cup carrier packaging market in 2017 owing to the high demand for coffee and ready-to-drink beverages. The U.S., being a developed economy, has a well-established logistics infrastructure that enables quick delivery of products to consumers’ doorstep. Moreover, companies such as Starbucks Corporation; Dunkin Doughnuts LLC; and Peet's Coffee & Tea Inc.; have revolutionized the retail coffee industry by introducing innovative products such as instant coffee, ready-to-drink beverages, and muffins baked using organic ingredients like whole grains and fresh fruits. These factors are expected to drive regional growth over the forecast period.
Asia Pacific is projected to be one of the fastest growing regions during 2018 - 2030 due to increasing consumer spending on food items from supermarkets including hypermarkets like Big C Mart (China) Ltd.
Growth Factors:
- Increasing demand for convenience foods and ready-to-eat meals
- Rising disposable income of consumers
- Proliferation of ecommerce and online food delivery services
- Growing popularity of takeout and home meal delivery services
- Advances in cup carrier packaging technology
Scope Of The Report
Report Attributes
Report Details
Report Title
Cup Carrier Packaging Market Research Report
By Type
Paper & Paperboard, Molded Fiber, Metal, Plastic, Others
By Application
Coffee Shops, Food Retail Outlets, Restaurants, Movie Halls, Sports Stadium, Others
By Companies
Southern Champion Tray, Cellulopack, The Brenmar Company, The Paper Cup Company, Hangzhou Longquan Industrial, The VaioPak Group, E-Package Creation & Solution Manufacturing, Shenzhen CyGedin Printing & Packaging
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
136
Number of Tables & Figures
96
Customization Available
Yes, the report can be customized as per your need.
Global Cup Carrier Packaging Market Report Segments:
The global Cup Carrier Packaging market is segmented on the basis of:
Types
Paper & Paperboard, Molded Fiber, Metal, Plastic, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Coffee Shops, Food Retail Outlets, Restaurants, Movie Halls, Sports Stadium, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Southern Champion Tray
- Cellulopack
- The Brenmar Company
- The Paper Cup Company
- Hangzhou Longquan Industrial
- The VaioPak Group
- E-Package Creation & Solution Manufacturing
- Shenzhen CyGedin Printing & Packaging
Highlights of The Cup Carrier Packaging Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Paper & Paperboard
- Molded Fiber
- Metal
- Plastic
- Others
- By Application:
- Coffee Shops
- Food Retail Outlets
- Restaurants
- Movie Halls
- Sports Stadium
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cup Carrier Packaging Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cup carrier packaging is a type of packaging that is used to store and transport cups. The cups are placed in a box or bag, and the box or bag is then sealed.
Some of the key players operating in the cup carrier packaging market are Southern Champion Tray, Cellulopack, The Brenmar Company, The Paper Cup Company, Hangzhou Longquan Industrial, The VaioPak Group, E-Package Creation & Solution Manufacturing, Shenzhen CyGedin Printing & Packaging.
The cup carrier packaging market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cup Carrier Packaging Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Cup Carrier Packaging Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Cup Carrier Packaging Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Cup Carrier Packaging Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Cup Carrier Packaging Market Size & Forecast, 2020-2028 4.5.1 Cup Carrier Packaging Market Size and Y-o-Y Growth 4.5.2 Cup Carrier Packaging Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Paper & Paperboard
5.2.2 Molded Fiber
5.2.3 Metal
5.2.4 Plastic
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Coffee Shops
6.2.2 Food Retail Outlets
6.2.3 Restaurants
6.2.4 Movie Halls
6.2.5 Sports Stadium
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cup Carrier Packaging Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cup Carrier Packaging Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Paper & Paperboard
9.6.2 Molded Fiber
9.6.3 Metal
9.6.4 Plastic
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Coffee Shops
9.10.2 Food Retail Outlets
9.10.3 Restaurants
9.10.4 Movie Halls
9.10.5 Sports Stadium
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Paper & Paperboard
10.6.2 Molded Fiber
10.6.3 Metal
10.6.4 Plastic
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Coffee Shops
10.10.2 Food Retail Outlets
10.10.3 Restaurants
10.10.4 Movie Halls
10.10.5 Sports Stadium
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Paper & Paperboard
11.6.2 Molded Fiber
11.6.3 Metal
11.6.4 Plastic
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Coffee Shops
11.10.2 Food Retail Outlets
11.10.3 Restaurants
11.10.4 Movie Halls
11.10.5 Sports Stadium
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Paper & Paperboard
12.6.2 Molded Fiber
12.6.3 Metal
12.6.4 Plastic
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Coffee Shops
12.10.2 Food Retail Outlets
12.10.3 Restaurants
12.10.4 Movie Halls
12.10.5 Sports Stadium
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Paper & Paperboard
13.6.2 Molded Fiber
13.6.3 Metal
13.6.4 Plastic
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Coffee Shops
13.10.2 Food Retail Outlets
13.10.3 Restaurants
13.10.4 Movie Halls
13.10.5 Sports Stadium
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cup Carrier Packaging Market: Competitive Dashboard
14.2 Global Cup Carrier Packaging Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Southern Champion Tray
14.3.2 Cellulopack
14.3.3 The Brenmar Company
14.3.4 The Paper Cup Company
14.3.5 Hangzhou Longquan Industrial
14.3.6 The VaioPak Group
14.3.7 E-Package Creation & Solution Manufacturing
14.3.8 Shenzhen CyGedin Printing & Packaging