Global Portions Cup Market is expected to grow at a compound annual growth rate of 5.23% to reach a market value of US$1,599.223 million by 2024 from US$1,177.800 million in 2018. Portion cups are used for consuming food and beverages. These cups are durable and ideal for eatable items. The key material type of the portion cups are plastics, paper, polyamide, sugarcane, and others. a growing number of restaurants coupled with portion cups use in household activities is expected to drive the portion cups market. In addition, the increasing demand for cups made with paper or sugarcane is gaining attraction owing to their easily disposable properties which are further expected to create growth opportunities for the market in the coming future. The key industries driving the market for portions cups are the food service outlets, households, and other institutions such as airlines, cinemas, etc. However, the environmental concerns regarding the Non-disposable property of plastic are expected to hinder the market growth.
DRIVERS
- Increasing preference for biodegradable portion cups
- Growing food and beverage industry
RESTRAINTS
- Environment concerns due to difficult recycling
The major players profiled in the portions cup market include Amhil Enterprises, Berry Global Inc., Genpack LLC, Sonoco Products Company, Placon Corporation, Dart Container Corporation, Eco-Products Inc., Sabert Corporation, BSI Biodegradable Solutions, Polar Pak Company
Segmentation
The portion cups market has been analyzed through the following segments:
By Material
- Plastic
- Aluminum
- Paper
- Sugarcane
- Others
By Distribution Channel
- Retailers
- E- retail
By Application
- Dairy Products
- Bakery and Confectionary
- Soups
- Sauces
By Geography
- North America
- USA
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Europe
- Germany
- France
- United Kingdom
- Spain
- Middle East and Africa
- Saudi Arabia
- Israel
- Asia Pacific
- China
- Japan
- South Korea
- India
Table of Contents
Companies Mentioned
- Amhil Enterprises
- Berry Global Inc.
- Genpack LLC
- Sonoco Products Company
- Dart Container Corporation
- Eco-Products Inc.
- BSI Biodegradable Solutions
- Polar Pak Company
Methodology
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