[250 Pages Report] Sales of paper cone cups are anticipated to be valued at US$ 2.2 Billion in 2022, forecast to grow at a CAGR of 4.75% to reach US$ 3.5 Billion by the end of the 2022-2032 forecast period. The growth of the paper cone cup market is attributed to its global utilization across the packaging industry.
| Report Attribute | Details |
|---|---|
| Estimated Base Year Value (2021) | US$ 1.0 Billion |
| Expected Market Value (2022) | US$ 2.2 Billion |
| Anticipated Forecast Value (2032) | US$ 3.5 Billion |
| Projected Growth Rate (2022-2032) | 4.75% CAGR |
Paper cone cups are single-use, throwaway cups composed of paper with a plastic or wax coating to prevent liquid spilling or soaking. Because of their durability and sustainability, single-use disposable paper cone cups are becoming increasingly popular. Paper cone cups with tightly rolled rims keep their structural integrity, making them acceptable in vending machines. Additionally, multi-color images can be printed on these cups to provide branding information.
North America is considered to be a dominant region for paper cone cup market, driven primarily with well-established presence of food chains in the US.
The major factor that is expected to propel the growth of the paper cone cup market during the forecast period includes high demand of paper cone cups from institutions such as malls & theatres, and other recreational parks.
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The major factor that is expected to fuel the growth of the paper cone cup market during the forecast period includes the cups’ significant properties, such as easy-to-use, hygienic, safe, and other functionality. The paper cone cups also meet the needs of modern life cost-effectively. In addition, the increasing penetration of coffee chains, such as Starbucks, Costa Coffee, Café Coffee Day, across the globe is another factor that drives the market growth.
Moreover, indications such as the growing demand for short-run custom printed cups are majorly being used by standalone coffee and ice cream shops that need greater volumes and fast deliveries. This factor is anticipated to propel the growth of the Paper Cone Cup market during the forecast period.
Furthermore, the paper cone cups’ market is likely to flourish amid increased in-migration rates and a growing civil population, which has increased the number of vending machines and water coolers globally.
Rising adoption of paper cone cups for packaging of various food products is expected to boost paper cups demand by the end of the forecast period. Growing concerns about waste generation, as well as increased demand for eco-friendly packaging materials, are expected to have a positive impact on the growth of the paper cone cups market. In addition, rising environmental concerns and growing public awareness about eco-friendly packaging are some other driving forces behind the papers cone cup market's rapid growth during the forecast period.
Amid rising concerns about the hygiene and safety of reused packaging during the COVID-19 pandemic, demand for paper cone cups experienced a substantial decline, leading to a temporary demand contraction, especially in the initial quarter of 2020.
Moreover, the traditional paper cups can replace the paper cone cups for many purposes. Traditional paper cups start the table in the disposable cup sector and are expected to hamper the market growth.
In addition, stringent laws put on the deforestation in response to increased environmental concerns, will further halt the growth of the paper cone cup market during the forecast period.
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North America is the largest market for paper cone cups and the trend is expected to continue into the forecast period attributed to the proliferation of fast-food chains and the expanding popularity of portion-controlled intakes in the U.S., which can be attributable to this need. Moreover, increased foot traffic has resulted in a considerable increase in vending machine numbers, which is projected to feed demand for paper cone cups in the region.
As environmental concerns have grown, non-biodegradable plastic cone cups have been phased out in favor of paper cone cups across the region. As a result, overall paper cone cup sales in the region are increasing. Furthermore, rising consumer awareness of health issues has prompted the use of paper cone cups as a more hygienic, reusable alternative to plastic cups. A CAGR of 3% is projected for the paper cone cup industry across North America.
According to Future Market Insights, the Europe is anticipated to witness growth at a lucrative rate over the forecast period, owing to the widespread utilization of Paper Cone Cup Market in France, Germany, and UK, coupled with legislation prohibiting the use of single-use plastics.
According to a UNEP (United Nations Environment Programme) report, at least 27 nations have now implemented laws prohibiting the use of single-use plastics to some extent. The UNEP report intends to reduce the global consumption of plastic cups, increasing paper cone cups demand, which in turn is expected to accelerate the market growth in the region.
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Shield Emballeurs, AXIS VERSATILE SDN.BHD, ebul Packaging Pty Ltd, LONGYOUXIAN JINlONG PAPER CO., LTD., Kaily Packaging Pte Ltd, Tri Wall Pak. Pvt. Ltd and FORLIT, A.S., among others.
Attributed to the presence of such high number of participants, the market is highly competitive. While global players such as DS Smith, and Smurfit Kappa Group account for a considerable market size, several regional level players are also operating across key growth regions, particularly in the North America.
| Report Attribute | Details |
|---|---|
| Growth Rate | CAGR of 4.75% from 2022 to 2032 |
| Base Year for Estimation | 2021 |
| Historical Data | 2015-2020 |
| Forecast Period | 2022-2032 |
| Quantitative Units | Revenue in USD Million, Volume in Kilotons and CAGR from 2022-2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
| Segments Covered | Product Type, Capacity, End Use, Distribution Channel, Region |
| Regions Covered | North America; Latin America; Europe; South Asia; East Asia; Oceania; Middle East and Africa |
| Key Countries Profiled | USA, Canada, Brazil, Argentina, Germany, UK, France, Spain, Italy, Nordics, BENELUX, Australia & New Zealand, China, India, ASEAN, GCC, South Africa |
| Key Companies Profiled |
DS Smith; Smurfit Kappa Group; YOJ pack-kraft; DNA Packaging Systems; Eltete Malaysia Sdn Bhd; Green Label Packaging; Sonoco; Honey Shield Emballeurs; AXIS VERSATILE SDN.BHD; ebul Packaging Pty Ltd.; LONGYOUXIAN JINlONG PAPER CO., LTD.; Kaily Packaging Pte Ltd.; Tri Wall Pak. Pvt. Ltd.; FORLIT, A.S. |
| Customization | Available Upon Request |
FMI projects the global paper cone cup market to expand at a 4.75% value CAGR by 2032
North America is expected to be the most opportunistic Paper Cone Cup market, expanding at a 3% CAGR
DS Smith, Smurfit Kappa Group, YOJ pack-kraft, DNA Packaging Systems, Eltete Malaysia Sdn Bhd, Green Label Packaging Sonoco, and Honey Shield Emballeurs, among others are some prominent paper cone cup manufacturers
1. Executive Summary 1.1. Global Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Impact of Covid-19 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Macro Factors and Forecast Factors 3.4. Value Chain Analysis 3.4.1. Profit Margin Analysis 3.4.2. Raw Material Suppliers 3.4.3. Manufacturers, Wholesalers and Distributors 3.4.4. End Users/ Customers 3.5. Regional Parent Market Outlook 3.6. Production and Consumption Statistics 3.7. Global Average Pricing Analysis Benchmark 4. Global Paper Cone Cup Market Analysis 2015-2021 and Forecast, 2022-2032 4.1. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis, 2015-2021 4.2. Current and Future Market Size Value (US$ Mn) & Volume (Units) Projections, 2022-2032 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Global Paper Cone Cup Market Analysis 2015–2021 and Forecast 2022–2032, By Coating 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Coating, 2015-2021 5.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Coating, 2022-2032 5.3.1. Wax-coated 5.3.2. Wax-free 5.4. Y-o-Y Growth Trend Analysis By Coating, 2015-2021 5.5. Absolute $ Opportunity Analysis By Coating, 2022-2032 6. Global Paper Cone Cup Market Analysis 2015–2021 and Forecast 2022–2032, By Capacity 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Capacity, 2015-2021 6.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Capacity, 2022-2032 6.3.1. Less than 2 OZ 6.3.2. 2-5 OZ 6.3.3. More than 5 OZ 6.4. Y-o-Y Growth Trend Analysis By Capacity, 2015-2021 6.5. Absolute $ Opportunity Analysis By Capacity, 2022-2032 7. Global Paper Cone Cup Market Analysis 2015–2021 and Forecast 2022–2032, By End-user 7.1. Introduction / Key Findings 7.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By End-user, 2015-2021 7.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By End-user, 2022-2032 7.3.1. Commercial 7.3.2. Households 7.4. Y-o-Y Growth Trend Analysis By End-user, 2015-2021 7.5. Absolute $ Opportunity Analysis By End-user, 2022-2032 8. Global Paper Cone Cup Market Analysis 2015–2021 and Forecast 2022–2032, by Region 8.1. Introduction / Key Findings 8.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Region, 2015-2021 8.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Region, 2022-2032 8.3.1. North America 8.3.2. Latin America 8.3.3. Europe 8.3.4. East Asia 8.3.5. South Asia 8.3.6. Oceania 8.3.7. Middle East and Africa (MEA) 8.4. Market Attractiveness Analysis, by Region 9. North America Paper Cone Cup Market Analysis 2015–2021 and Forecast 2022–2032, By Country 9.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2015-2021 9.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032 9.2.1. By Country 9.2.1.1. U.S. 9.2.1.2. Canada 9.2.2. By Coating 9.2.3. By Capacity 9.2.4. By End-user 9.3. Market Attractiveness Analysis 9.3.1. By Country 9.3.2. By Coating 9.3.3. By Capacity 9.3.4. By End-user 9.4. Key Takeaways 10. Latin America Paper Cone Cup Market Analysis 2015–2021 and Forecast 2022–2032, By Country 10.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2015-2021 10.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032 10.2.1. By Country 10.2.1.1. Brazil 10.2.1.2. Mexico 10.2.1.3. Argentina 10.2.1.4. Chile 10.2.1.5. Peru 10.2.1.6. Rest of Latin America 10.2.2. By Coating 10.2.3. By Capacity 10.2.4. By End-user 10.3. Market Attractiveness Analysis 10.3.1. By Country 10.3.2. By Coating 10.3.3. By Capacity 10.3.4. By End-user 10.4. Key Takeaways 11. Europe Paper Cone Cup Market Analysis 2015–2021 and Forecast 2022–2032, By Country 11.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2015-2021 11.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032 11.2.1. By Country 11.2.1.1. Germany 11.2.1.2. Italy 11.2.1.3. France 11.2.1.4. U.K. 11.2.1.5. Spain 11.2.1.6. BENELUX 11.2.1.7. Nordic 11.2.1.8. Russia 11.2.1.9. Poland 11.2.1.10. Rest of Europe 11.2.2. By Coating 11.2.3. By Capacity 11.2.4. By End-user 11.3. Market Attractiveness Analysis 11.3.1. By Country 11.3.2. By Coating 11.3.3. By Capacity 11.3.4. By End-user 11.4. Key Takeaways 12. East Asia Paper Cone Cup Market Analysis 2015–2021 and Forecast 2022–2032, By Country 12.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2015-2021 12.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032 12.2.1. By Country 12.2.1.1. China 12.2.1.2. Japan 12.2.1.3. South Korea 12.2.2. By Coating 12.2.3. By Capacity 12.2.4. By End-user 12.3. Market Attractiveness Analysis 12.3.1. By Country 12.3.2. By Coating 12.3.3. By Capacity 12.3.4. By End-user 12.4. Key Takeaways 13. South Asia Paper Cone Cup Market Analysis 2015–2021 and Forecast 2022–2032, By Country 13.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2015-2021 13.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032 13.2.1. By Country 13.2.1.1. India 13.2.1.2. Thailand 13.2.1.3. Malaysia 13.2.1.4. Indonesia 13.2.1.5. Rest of South Asia 13.2.2. By Coating 13.2.3. By Capacity 13.2.4. By End-user 13.3. Market Attractiveness Analysis 13.3.1. By Country 13.3.2. By Coating 13.3.3. By Capacity 13.3.4. By End-user 13.4. Key Takeaways 14. Oceania Paper Cone Cup Market Analysis 2015–2021 and Forecast 2022–2032, By Country 14.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2015-2021 14.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032 14.2.1. By Country 14.2.1.1. Australia 14.2.1.2. New Zealand 14.2.2. By Coating 14.2.3. By Capacity 14.2.4. By End-user 14.3. Market Attractiveness Analysis 14.3.1. By Country 14.3.2. By Coating 14.3.3. By Capacity 14.3.4. By End-user 14.4. Key Takeaways 15. Middle East & Africa Paper Cone Cup Market Analysis 2015–2021 and Forecast 2022–2032, By Country 15.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2015-2021 15.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032 15.2.1. By Country 15.2.1.1. GCC Countries 15.2.1.2. Turkey 15.2.1.3. Northern Africa 15.2.1.4. South Africa 15.2.1.5. Rest of MEA 15.2.2. By Coating 15.2.3. By Capacity 15.2.4. By End-user 15.3. Market Attractiveness Analysis 15.3.1. By Country 15.3.2. By Coating 15.3.3. By Capacity 15.3.4. By End-user 15.4. Key Takeaways 16. Country wise Paper Cone Cup Market Analysis 16.1. United States (U.S.) 16.1.1. Market Share Analysis, 2022 16.1.2. By Coating 16.1.3. By Capacity 16.1.4. By End-user 16.2. Canada 16.2.1. Market Share Analysis, 2022 16.2.2. By Coating 16.2.3. By Capacity 16.2.4. By End-user 16.3. Brazil 16.3.1. Market Share Analysis, 2022 16.3.2. By Coating 16.3.3. By Capacity 16.3.4. By End-user 16.4. Mexico 16.4.1. Market Share Analysis, 2022 16.4.2. By Coating 16.4.3. By Capacity 16.4.4. By End-user 16.5. Germany 16.5.1. Market Share Analysis, 2022 16.5.2. By Coating 16.5.3. By Capacity 16.5.4. By End-user 16.6. Italy 16.6.1. Market Share Analysis, 2022 16.6.2. By Coating 16.6.3. By Capacity 16.6.4. By End-user 16.7. France 16.7.1. Market Share Analysis, 2022 16.7.2. By Coating 16.7.3. By Capacity 16.7.4. By End-user 16.8. Spain 16.8.1. Market Share Analysis, 2022 16.8.2. By Coating 16.8.3. By Capacity 16.8.4. By End-user 16.9. U.K. 16.9.1. Market Share Analysis, 2022 16.9.2. By Coating 16.9.3. By Capacity 16.9.4. By End-user 16.10. Russia 16.10.1. Market Share Analysis, 2022 16.10.2. By Coating 16.10.3. By Capacity 16.10.4. By End-user 16.11. China 16.11.1. Market Share Analysis, 2022 16.11.2. By Coating 16.11.3. By Capacity 16.11.4. By End-user 16.12. Japan 16.12.1. Market Share Analysis, 2022 16.12.2. By Coating 16.12.3. By Capacity 16.12.4. By End-user 16.13. India 16.13.1. Market Share Analysis, 2022 16.13.2. By Coating 16.13.3. By Capacity 16.13.4. By End-user 16.14. GCC Countries 16.14.1. Market Share Analysis, 2022 16.14.2. By Coating 16.14.3. By Capacity 16.14.4. By End-user 16.15. Australia 16.15.1. Market Share Analysis, 2022 16.15.2. By Coating 16.15.3. By Capacity 16.15.4. By End-user 17. Market Structure Analysis 17.1. Competition Dashboard 17.2. Competition Benchmarking 17.3. Market Share Analysis of Top Players 17.3.1. By Region 17.3.2. By Product Portfolio 18. Competition Analysis 18.1. Competition Deep Dive 18.1.1. KONIE CUPS INTERNATIONAL, INC. 18.1.1.1. Overview 18.1.1.2. Product Portfolio 18.1.1.3. Profitability by Market Segments (Product/Channel/Region) 18.1.1.4. Sales Footprint 18.1.1.5. Strategy Overview 18.1.1.5.1. Marketing Strategy 18.1.1.5.2. Product Strategy 18.1.1.5.3. Channel Strategy 18.1.2. Dart Container Corporation 18.1.2.1. Overview 18.1.2.2. Product Portfolio 18.1.2.3. Profitability by Market Segments (Product/Channel/Region) 18.1.2.4. Sales Footprint 18.1.2.5. Strategy Overview 18.1.2.5.1. Marketing Strategy 18.1.2.5.2. Product Strategy 18.1.2.5.3. Channel Strategy 18.1.3. Georgia-Pacific 18.1.3.1. Overview 18.1.3.2. Product Portfolio 18.1.3.3. Profitability by Market Segments (Product/Channel/Region) 18.1.3.4. Sales Footprint 18.1.3.5. Strategy Overview 18.1.3.5.1. Marketing Strategy 18.1.3.5.2. Product Strategy 18.1.3.5.3. Channel Strategy 18.1.4. ConverPack 18.1.4.1. Overview 18.1.4.2. Product Portfolio 18.1.4.3. Profitability by Market Segments (Product/Channel/Region) 18.1.4.4. Sales Footprint 18.1.4.5. Strategy Overview 18.1.4.5.1. Marketing Strategy 18.1.4.5.2. Product Strategy 18.1.4.5.3. Channel Strategy 18.1.5. Genpak, LLC 18.1.5.1. Overview 18.1.5.2. Product Portfolio 18.1.5.3. Profitability by Market Segments (Product/Channel/Region) 18.1.5.4. Sales Footprint 18.1.5.5. Strategy Overview 18.1.5.5.1. Marketing Strategy 18.1.5.5.2. Product Strategy 18.1.5.5.3. Channel Strategy 18.1.6. Sonoco Products Company 18.1.6.1. Overview 18.1.6.2. Product Portfolio 18.1.6.3. Profitability by Market Segments (Product/Channel/Region) 18.1.6.4. Sales Footprint 18.1.6.5. Strategy Overview 18.1.6.5.1. Marketing Strategy 18.1.6.5.2. Product Strategy 18.1.6.5.3. Channel Strategy 18.1.7. Rachana Kraft 18.1.7.1. Overview 18.1.7.2. Product Portfolio 18.1.7.3. Profitability by Market Segments (Product/Channel/Region) 18.1.7.4. Sales Footprint 18.1.7.5. Strategy Overview 18.1.7.5.1. Marketing Strategy 18.1.7.5.2. Product Strategy 18.1.7.5.3. Channel Strategy 18.1.8. Shanghai Dayuan Industrial Co., Ltd. 18.1.8.1. Overview 18.1.8.2. Product Portfolio 18.1.8.3. Profitability by Market Segments (Product/Channel/Region) 18.1.8.4. Sales Footprint 18.1.8.5. Strategy Overview 18.1.8.5.1. Marketing Strategy 18.1.8.5.2. Product Strategy 18.1.8.5.3. Channel Strategy 18.1.9. Seow Khim Polythelene Co Pte Ltd 18.1.9.1. Overview 18.1.9.2. Product Portfolio 18.1.9.3. Profitability by Market Segments (Product/Channel/Region) 18.1.9.4. Sales Footprint 18.1.9.5. Strategy Overview 18.1.9.5.1. Marketing Strategy 18.1.9.5.2. Product Strategy 18.1.9.5.3. Channel Strategy 18.1.10. Freshening Industries Pte Ltd 18.1.10.1. Overview 18.1.10.2. Product Portfolio 18.1.10.3. Profitability by Market Segments (Product/Channel/Region) 18.1.10.4. Sales Footprint 18.1.10.5. Strategy Overview 18.1.10.5.1. Marketing Strategy 18.1.10.5.2. Product Strategy 18.1.10.5.3. Channel Strategy 19. Assumptions and Acronyms Used 20. Research Methodology
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Paper Cone Cup Market
