[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.
Principal Consultant
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
