Evolving packaging market with the introduction of new packaging solutions for the growing food and beverages industry is encouraging packaging manufacturers to develop aesthetic and innovative solutions. The use of disposable cups is increasing in the global food & beverages packaging market owing to increased consumption by food service providers, households, and institutions.
The disposable cups such as paper, plastic, and foam cups are maintaining their prominence in the global food packaging market due to its economy and easy availability. The foam cups keep beverages at their serving temperature inside and outside for a long time, due to which they are ideal for both hot and cold beverages.
Paper vs. Foam Cups
Foam cups contain harmful chemicals such as benzene, which is harmful to animals. The paper cups having only a thin coating of polyethylene and aren’t toxic when consumed on accident. The foam cups are not eco-friendly and less recyclable as compared to the paper cups which reduce the market share of foam cups in global disposable cups market. On the other side, the manufacturing of foam cup requires fewer resources as compared to the paper cups in terms of water, energy, cutting trees and others. The biodegradable or compostable cups are also attributed to be a worthy environmental alternative for foam cups.
Global Foam Cups Market: Key Players
Some of the key players operating in global foam cups market are as follows:
- Genpak, LLC
- Master Containers, Inc.
- Dart Container Corporation
- Huhtamaki Oyj
- CKF Inc
- Dixie Consumer Products LLC
- Megafoam Containers Enterprise Sdn Bhd
- Pactiv LLC
- Lollicup USA, Inc.
- Letica Corporation
- Eco-Products, Inc.
Global Foam Cups Market: Segmentation
The global foam cups market is segmented on the basis of capacity, cup type, sales channel, and end-user as follows:
On the basis of size, the global foam cups market has been segmented into:
- Up to 10 Oz
- 10 to 16 Oz
- 16 to 20 Oz
- 20 to 32 Oz
- More than 32 Oz
On the basis of cup type, the global foam cups market has been segmented into:
- Hot cup type
- Cold cup type
On the basis of the sales channel, the global foam cups market has been segmented into:
- Supermarket/Hypermarket
- Departmental/Speciality/Discount Stores
- Distributors
- Online sales
On the basis of end-user, the global foam cups market has been segmented into:
- Foodservice
- Institutional
- Household
- Catering services
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