Biodegradable Cups - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global Biodegradable Cups Market is expected to grow at a CAGR of 6.0% during the forecast period. Increasing alertness regarding the adverse effects of plastic, constant efforts by governments to reduce the use of non-biodegradable packaging and constant efforts of manufacturers to introduce advanced biodegradable cups are the factors driving the market growth. However, the high costs associated with biodegradable cups as compared to the traditional disposables may hinder the market growth.
Biodegradable cups are those made of materials that can be decomposed by the action of living organisms, usually microbes, into water, carbon dioxide, and biomass. These are gaining popularity in the light of worldwide awareness regarding eco friendly practises.
By Material, Bio-plastics segment is likely to have a huge demand during the forecast period due its wide range of applications. Among bio-plastics, the scope of Polybutylene Succinate (PBS) is growing rapidly. It decomposes naturally into water and carbon dioxide. Based on geography, North America is going to have a lucrative growth during the forecast period owing to the stringent law implications by the government and consumer concern over health and hygiene.
Some of the key players profiled in the Biodegradable Cups Market include Genpak, Pactiv LLC, Lollicup USA Inc, Huhtamaki Oyj, The Cup Folk, Benders Paper Cup Company, Biopak Pty Ltd , Bio Futura B.V, Fabri-Kal, Dart Container Corporation, Good Start Packaging, Colpac Ltd, BVO International GmbH, Go-Pak UK LTD, and Scyphus Limited.
• Above 20 oz.
• 15 - 20 oz.
• 8 - 14 oz.
• Up to 7 oz.
• Double Wall
• Single Wall
End Users Covered:
• Food Service Outlets
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
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- Market share assessments for the regional and country-level segments
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- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
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- Supply chain trends mapping the latest technological advancements
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