Paper Cone Cup Market Overview (2022-2032)

[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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Which are Some Prominent Drivers Spearheading Paper Cone Cup Market Growth?

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.

What are the Challenges Faced by the Paper Cone Cup Industry?

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.

Ismail Sutaria
Ismail Sutaria

Principal Consultant

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How is North America Emerging as an Opportunistic Paper Cone Cup Market?

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.

How is Europe Contributing to Growth of the Paper Cone Cup Market?

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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Market Competition

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.

Scope Of Report

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.

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Key Segments Profiled in the Paper Cone Cup Industry Survey

Product:

  • Rolled Paper Cone Cup Rims
  • Straight Paper Cone Cup Rims
  • Funnel Paper Cone Cups

Capacity:

  • 4 Oz Paper Cone Cups
  • 4.5 Oz Paper Cone Cups
  • 5 Oz Paper Cone Cups

Application:

  • Paper Cone Cups for Foodservice Outlets
  • Paper Cone Cups for Quick Service Restaurants
  • Paper Cone Cups for Cafes
  • Paper Cone Cups for Institutional Applications
  • Paper Cone Cups for Offices
  • Paper Cone Cups for Households
  • Paper Cone Cups for Theaters and Malls

Distribution Channel:

  • Paper Cone Cups Sales via Offline Channels
  • Hypermarkets
  • Supermarkets
  • Convenience Stores
  • Others
  • Paper Cone Cups Sales via Online Channels

Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East & Africa

Frequently Asked Questions

What is the anticipated growth of the paper cone cup market until 2032?

FMI projects the global paper cone cup market to expand at a 4.75% value CAGR by 2032

Which region is forecast to be the most lucrative for paper cone cup market growth?

North America is expected to be the most opportunistic Paper Cone Cup market, expanding at a 3% CAGR

Which are some prominent players operating in the paper cone cup market?

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

Table of Content
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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