The global sales of polycoated cup stock market are estimated to be worth USD 469.9 million in 2021 and are anticipated to reach a value of USD 712.5 million by 2031. Sales are projected to rise at a CAGR of 4.3% over the forecast period between 2021 and 2031. The revenue generated by polycoated cup stock market in 2020 was USD 450 million.
Growth in demand for disposable cups, primarily from food-service and beverage industries for take-away products, drives the market for polycoated cup stock. A higher trend towards convenience products, such as take-away beverages and fast foods, further extends the demand for sturdy and leak-proof polycoated cups. New coating technologies include biodegradable and environmentally friendly coating options that may help address concerns regarding environmental sustainability and regulatory pressures.
Besides, the shift towards sustainable packaging solutions drives more innovation in recyclable and compostable materials for cup stock. In addition, growth can be seen on the demand side, where there are more global food chains and coffee shops opening their branches around many parts of the world. Growing e-commerce also means an increased number of food delivery services, where polycoated cup stock would form a critical part in the delivery of food in liquid states.
Global Polycoated Cup Stock Industry Assessment
| Attributes | Key Insights |
|---|---|
| Historical Size, 2020 | USD 450 million |
| Estimated Size, 2021 | USD 469.9 million |
| Projected Size, 2031 | USD 712.5 million |
| Value-based CAGR (2021 to 2031) | 4.3% |
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Food packaging such as food wrappers, paper cups, tray mats, grocery bags, containers, bowls, meal boxes, and fast-food containers are made from these polycoated cup stock paper. The polyethylene coating on various types of paper protects the product from moisture, oil, and grime while also providing heat selability. As a result, the product will have a longer shelf life and be more sanitary. The paper is extremely easy to print on.
Polycoated cup stock are highly hygienic, have low heat transfer, and are comfortable to hold beverages for longer periods of time.
During the forecast period, the polycoated cup stock market in North America will grow at a significant rate. According to estimates from the paper and recycling industries, the United States and Canada utilise between 600,000 and 800,000 tons of single-use paper cups every year.
Hot and cold beverage paper cups are composed of solid bleached sulphate paperboard with a waterproofing poly coating. Paper cups are made up of a variety of materials, although most are made up of at least 90% paper fibre. Initially, clay or wax linings were employed for waterproofing; but, when polyethylene (PE) became more widely available, plastic linings and coatings became almost universally adopted.
Using PE and similar materials for lining improves performance while eliminating the unpleasant odours and tastes associated with clay and wax. All these properties are rising the demand for polycoated cup stock in USA and Canadian markets.
Principal Consultant
Europe is predicted to hold a significant share of the polycoated cup stock market in the forecasted period. Although the cups are frequently lined with polyethylene coating to provide the required limited-term hot liquid, fatty acid, or oil-resistant barrier functionalities, along with maintaining cup integrity and preserve coffee aroma for the ultimate customer experience, the packaging uses sustainable and sometimes recycled wood fibre to make paperboard cupstock.
Some key manufacturers operating the business in the polycoated cup stock market globally include
Evergreen Packaging offers bio-based polyethylene, which is used to make a totally renewable cup stock. This cup stock was one of the first of its kind, and it was designed to be used both hot and cold.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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Polycoated Cup Stock Market
