According to the latest report by IMARC Group, titled “US Paper Cups and Paper Plates Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the US paper cups and paper plates market size reached a value of US$ 21.45 Billion in 2021. Paper cups and paper plates are eco-friendly, disposable cutlery that are made up of cardboard and other paper-based materials. They are lined with wax or plastic and an extra insulating layer to prevent leakage of the liquid through the paper. This coating aids in retaining the heat, moisture, and flavor, thereby increasing product performance and durability. In order to meet the hygiene requirements, paper cups and plates are manufactured using non-recycled materials that can easily be decomposed to form nutrient-rich compost. As compared to its Styrofoam counterpart, they are more lightweight, convenient to use, and safer. Commercially available in a variety of sizes and shapes, paper cups and plates are extensively used for serving food and beverages across several establishments.
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.
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US Paper Cups and Paper Plates Market Trends:
One of the key factors driving the US paper cups and paper plates market growth is a significant expansion in the food service sector. Additionally, increasing home delivery services of food and beverages due to the advent of online food service platforms is acting as another growth-inducing factor. In line with this, rapid establishment of cafes and quick service restaurants (QSRs) and the trend of on-the-go beverage culture are also inflating the sales of paper disposables in the country. Apart from this, increasing health awareness is encouraging consumers to adopt sanitary and hygienic products, such as paper cups and paper plates, which is catalyzing the market growth. Moreover, rising environmental concerns has prompted The Federal Government of the United States (US Federal Government) to formulate policies that ban the usage of plastic products and promote its biodegradable and compostable alternatives. This, in turn, is creating a positive outlook for the market. Besides this, manufacturers are investing considerably in research and development (R&D) activities to introduce new strategies, such as advanced substrate technology, that manipulates grease and oxygen to prevent content contamination. This is projected to drive the market toward growth further. Looking forward, the market is expected to reach a value of US$ 21.92 Billion by 2027.
US Paper Cups Market:
- Based on the product type, the market has been bifurcated into hot and cold paper cups. Amongst these, hot paper cups dominate the market.
- On the basis of the wall type, the market has been divided into single and double wall. Currently, single wall represents the largest wall type in the market.
US Paper Plates Market:
- Based on the product type, the market is dominated by heavy-duty paper plates, followed by medium-duty paper plates.
- The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Market Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
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