The Worldwide Biodegradable Cups Industry is Projected to Reach $1 Billion by 2031

DUBLIN, Jan. 12, 2023 /PRNewswire/ -- The "Biodegradable Cups Market By Type, By Application, By Capacity: Global Opportunity Analysis and Industry Forecast, 2021-2031" report has been added to  ResearchAndMarkets.com's offering.

The global biodegradable cups market was valued at $458.1 million in 2021, and is projected to reach $1,046.11 million by 2031, registering a CAGR of 8.5% from 2022 to 2031.

Biodegradable cups are made of compostable bioplastic, based on vegetable starch, called PLA. The eco-friendly disposable cups are strong, flexible, and shatter-proof. Matching lids, plastic-free straws, and inserts are also available in the market.

The global biodegradable cups market is in the introductory phase of industry life cycle and is expected to explore new growth opportunities during the coming years. Some of the basic factors driving the growth of the market include governmental initiatives to eliminate single use plastic cups and strict regulatory outlook against the use of conventional plastic products.

Industry trends are shifting toward biobased products to reduce dependence on conventional plastics cups. Biodegradable plastics degrade easily unlike fossil fuel based plastic products, which may take more than 500 years to degrade completely. Moreover, most of the manufacturers in industries such as packaging, textile and agriculture are shifting toward biobased plastic due to stringent regulations from the government. Such factors are majorly impacting the growth of the global biodegradable cups market.

On the other hand, the growth of the market is restrained by high cost of biodegradable cups over its conventional counterparts. For instance, polylactic acid based bioplastics cups are at least eight times as expensive as the petroleum-based plastics. However, new products such as Fruitplast, a bioplastic cups made from the skins of tropical fruits at a lower price, are expected to provide lucrative growth opportunities in upcoming times.

The global biodegradable cups market is segmented on the basis of type, application, capacity, and region. By type, the biodegradable cups market is fragmented into single walled, double walled and triple walled. By application, the global biodegradable cups market is categorized into food and beverages. By capacity, the market is divided into up to 7 oz, 8-14 oz and 14-20 oz. By region, the biodegradable cups market has been analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, the UK, France, Italy, and rest of Europe), Asia-Pacific (China, India, Japan, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).

The major players profiled in the biodegradable cups market report include Bio Futura, B-V-O International GmbH, Colpac Ltd., Dart Container Corporation, Fabri-Kal, F Bender Limited., Genpak, LLC, Good Start Packaging, Go-Pak Group, Huhtamaki, KONIE CUPS INTERNATIONAL, INC., Lollicur USA Inc., Novolex, Nupik-Flo UK LTD., Pactiv LLC, Scyphus and WorldCentric.com.

Key Benefits

• This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the biodegradable cups market analysis from 2021 to 2031 to identify the prevailing biodegradable cups market opportunities.
• The market research is offered along with information related to key drivers, restraints, and opportunities.
• Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
• In-depth analysis of the biodegradable cups market segmentation assists to determine the prevailing market opportunities.
• Major countries in each region are mapped according to their revenue contribution to the global market.
• Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
• The report includes the analysis of the regional as well as global biodegradable cups market trends, key players, market segments, application areas, and market growth strategies.

Key Topics Covered:

CHAPTER 1: INTRODUCTION

CHAPTER 2: EXECUTIVE SUMMARY

CHAPTER 3: MARKET OVERVIEW
3.1.Market definition and scope
3.2.Key findings
3.2.1.Top investment pockets
3.3.Porter's five forces analysis
3.4.Top player positioning
3.5.Market dynamics
3.5.1.Drivers
3.5.2.Restraints
3.5.3.Opportunities
3.6.COVID-19 Impact Analysis on the market

CHAPTER 4: BIODEGRADABLE CUPS MARKET, BY TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2 Single walled
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 Double walled
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
4.4 Triple walled
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market analysis by country

CHAPTER 5: BIODEGRADABLE CUPS MARKET, BY APPLICATION
5.1 Overview
5.1.1 Market size and forecast
5.2 Food
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 Beverages
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country

CHAPTER 6: BIODEGRADABLE CUPS MARKET, BY CAPACITY
6.1 Overview
6.1.1 Market size and forecast
6.2 Up to 7 oz
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market analysis by country
6.3 8 to 14 oz
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market analysis by country
6.4 14 to 20 oz
6.4.1 Key market trends, growth factors and opportunities
6.4.2 Market size and forecast, by region
6.4.3 Market analysis by country

CHAPTER 7: BIODEGRADABLE CUPS MARKET, BY REGION

CHAPTER 8: COMPANY LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Key developments

CHAPTER 9: COMPANY PROFILES
9.1 Benders Paper Cup Company
9.1.1 Company overview
9.1.2 Company snapshot
9.1.3 Operating business segments
9.1.4 Product portfolio
9.1.5 Business performance
9.1.6 Key strategic moves and developments
9.2 Bio Futura B.V.
9.2.1 Company overview
9.2.2 Company snapshot
9.2.3 Operating business segments
9.2.4 Product portfolio
9.2.5 Business performance
9.2.6 Key strategic moves and developments
9.3 B-V-O International GmbH
9.3.1 Company overview
9.3.2 Company snapshot
9.3.3 Operating business segments
9.3.4 Product portfolio
9.3.5 Business performance
9.3.6 Key strategic moves and developments
9.4 Colpac Ltd.
9.4.1 Company overview
9.4.2 Company snapshot
9.4.3 Operating business segments
9.4.4 Product portfolio
9.4.5 Business performance
9.4.6 Key strategic moves and developments
9.5 Dart Container Corporation
9.5.1 Company overview
9.5.2 Company snapshot
9.5.3 Operating business segments
9.5.4 Product portfolio
9.5.5 Business performance
9.5.6 Key strategic moves and developments
9.6 Eco-Products, Inc.
9.6.1 Company overview
9.6.2 Company snapshot
9.6.3 Operating business segments
9.6.4 Product portfolio
9.6.5 Business performance
9.6.6 Key strategic moves and developments
9.7 Fabri-Kal
9.7.1 Company overview
9.7.2 Company snapshot
9.7.3 Operating business segments
9.7.4 Product portfolio
9.7.5 Business performance
9.7.6 Key strategic moves and developments
9.8 Genpak, LLC
9.8.1 Company overview
9.8.2 Company snapshot
9.8.3 Operating business segments
9.8.4 Product portfolio
9.8.5 Business performance
9.8.6 Key strategic moves and developments
9.9 Go-Pak UK LTD
9.9.1 Company overview
9.9.2 Company snapshot
9.9.3 Operating business segments
9.9.4 Product portfolio
9.9.5 Business performance
9.9.6 Key strategic moves and developments
9.10 Good Start Packaging
9.10.1 Company overview
9.10.2 Company snapshot
9.10.3 Operating business segments
9.10.4 Product portfolio
9.10.5 Business performance
9.10.6 Key strategic moves and developments
9.11 Huhtamaki Oyj
9.11.1 Company overview
9.11.2 Company snapshot
9.11.3 Operating business segments
9.11.4 Product portfolio
9.11.5 Business performance
9.11.6 Key strategic moves and developments
9.12 konie cups international, inc.
9.12.1 Company overview
9.12.2 Company snapshot
9.12.3 Operating business segments
9.12.4 Product portfolio
9.12.5 Business performance
9.12.6 Key strategic moves and developments
9.13 Leetha Group
9.13.1 Company overview
9.13.2 Company snapshot
9.13.3 Operating business segments
9.13.4 Product portfolio
9.13.5 Business performance
9.13.6 Key strategic moves and developments
9.14 Lollicup USA Inc.
9.14.1 Company overview
9.14.2 Company snapshot
9.14.3 Operating business segments
9.14.4 Product portfolio
9.14.5 Business performance
9.14.6 Key strategic moves and developments
9.15 Pactiv LLC
9.15.1 Company overview
9.15.2 Company snapshot
9.15.3 Operating business segments
9.15.4 Product portfolio
9.15.5 Business performance
9.15.6 Key strategic moves and developments
9.16 Scyphus
9.16.1 Company overview
9.16.2 Company snapshot
9.16.3 Operating business segments
9.16.4 Product portfolio
9.16.5 Business performance
9.16.6 Key strategic moves and developments
9.17 World Centric
9.17.1 Company overview
9.17.2 Company snapshot
9.17.3 Operating business segments
9.17.4 Product portfolio
9.17.5 Business performance
9.17.6 Key strategic moves and developments

For more information about this report visit https://www.researchandmarkets.com/r/dgs2da

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