India Paper Cup Market, By Product (Hot Paper Cups and Cold Paper Cups), Capacity (150 to 350 ML, Up to 150 ML, 350 to 500 ML, and Above 500 ML), Wall Type (Single-Wall Paper Cups, Double-Wall Paper Cups, Corrugated Ripple Paper Cups, and Others), Color (Single Colored and Multi-Colored), Product Category (Standard and Customized), Usage (Single Use and Reusable), Pattern (Plain and Printed), Application (Beverages and Food), End-Use (Commercial and Household/Residential), Distribution Channel (Retail Sales and Direct Sales) - Industry Trends and Forecast to 2031.
India Paper Cup Market Analysis and Size
The paper cup market report provides details of market share, new developments, and the impact of domestic and localized market players, analyzes opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario, contact us for an analyst brief. Our team will help you create a revenue-impact solution to achieve your desired goal.
Data Bridge Market Research analyzes that the market is growing with a CAGR of 8.5% in the forecast period of 2024 to 2031 and is expected to reach USD 3,362,609.24 thousand by 2031 from USD 1,771,361.93 thousand in 2023. The growing use of paper cups in various industries has been the major driver for the market.
Report Metric
|
Details
|
Forecast Period
|
2024 to 2031
|
Base Year
|
2023
|
Historic Years
|
2022 (Customizable to 2016-2021)
|
Quantitative Units
|
Revenue in USD Thousand, Volume in Million Units
|
Segments Covered
|
Product (Hot Paper Cups and Cold Paper Cups), Capacity (150 to 350 ML, Up to 150 ML, 350 to 500 ML, and Above 500 ML), Wall Type (Single-Wall Paper Cups, Double-Wall Paper Cups, Corrugated Ripple Paper Cups, and Others), Color (Single Colored and Multi-Colored), Product Category (Standard and Customized), Usage (Single Use and Reusable), Pattern (Plain and Printed), Application (Beverages and Food), End-Use (Commercial and Household/Residential), Distribution Channel (Retail Sales and Direct Sales)
|
Country Covered
|
India
|
Market Players Covered
|
ISHWARA, LEETHA GROUP, Rachana Kraft, Sri Lakshmi Polypack, EGS Industries., Kafkaindia, Neeyog, Paricott India Papercup Pvt Ltd., Arp Cups A Brand Of (Heartbro Hygiene Private Limited), Pinnacle Packs, Sri Vinayaka Scoring, Octane Ecowares Private Limited, SANDEEP PLASTIC INDUSTRIES, Aaradhya Disposal Industries Pvt. Ltd., MrPaperCup, Flamingo Paper Packs, Shri Banke Bihari Polymers, PIRSQ, JALLAN POLYPACK INDIA PVT LTD, Zircon Paperware Pvt. Ltd, ARPAN FP, ITC Limited, and Global Sourcing among others
|
India Paper Cup Market Definition
Paper cups are disposable containers crafted from paperboard, typically coated with a thin layer of plastic or wax, to enhance durability and prevent liquid penetration. These cups serve as convenient, eco-friendly alternatives for beverage consumption at various establishments. Designed for single-use, they find extensive use in events, parties, offices, and food service industries.
India Paper Cup Market Dynamics
This section deals with understanding the market drivers, opportunities, challenges, and restraints. All of this is discussed in detail below:
Drivers
- Stringent Government Regulations and Initiatives Aimed at Reducing Use of Plastics
Restrictions on the production and use of single-use plastics create an atmosphere favorable for alternative eco-friendly items such as paper cups as the government adopts a proactive approach to address environmental problems.
Introducing bans or restrictions on specific plastic items, particularly those linked with food and beverage packaging, encourages firms to look for more sustainable alternatives. Because they are biodegradable and recyclable, paper cups align with regulatory goals of reducing plastic waste and environmental effects. Compliance with these restrictions has become a strategic necessity for businesses, driving them to switch to paper cups to fulfill environmental requirements and avoid penalties.
- Growing Food and Beverage Industry with Rising Number of QSRS
As the need for quick and convenient meal options grows, using disposable and convenient packaging solutions, such as paper cups, becomes increasingly important. India's booming food and beverage industry and an increasing number of Quick Service Restaurants (QSRs) are significant drivers of the paper cup market's expansion.
Businesses in the food and beverage industry are increasingly understanding the necessity of sustainable practices as the industry grows. Paper cups not only match customer expectations for environmentally friendly packaging, but they also align with the company's social responsibility objectives. This dual benefit encourages using paper cups in food and beverage facilities, boosting market growth.
Opportunity
- Increasing Preference for Customization and Personalization of Cups
Customizing and personalizing cups have become integral components of the modern consumer experience. This trend involves tailoring the design, appearance, and sometimes even functionality of cups to meet individual preferences, brand identity, or specific occasions. Customization allows brands to distinguish themselves in a crowded market. Companies can create distinct designs, logos, and messaging on paper cups, strengthening their brand identity and making their products easily recognizable. Customized cups are ideal for event marketing and promotional activities. Businesses can leverage specific themes, seasonal designs, or event-related branding to attract attention and create a sense of exclusivity around their products.
Challenges/Restraints
- Cost and Price Sensitivity Associated with Paper Cups
A significant cause of stress is the cost of producing paper cups, which includes raw materials, manufacturing procedures, and disposal options. The principal material for these cups, paper, is vulnerable to price variations, which affects the overall production cost. Furthermore, the technology and equipment necessary for manufacturing contribute to the costs, perhaps making paper cups more expensive than their plastic equivalents.
In price-sensitive countries such as India, consumers frequently prioritize affordability, which may limit their willingness to pay a premium for sustainable options. Businesses with low-profit margins, particularly those in the food and beverage industry, can be hesitant to accept increasing packaging costs, perhaps passing them on to customers.
- Limited Heat Resistance and Durability
Although paper cups are appreciated for their environmentally friendly qualities, their inherent heat resistance and durability limits can limit their potential for specific applications, particularly in a market with various consumer requirements and preferences.
Furthermore, the reduced durability of paper cups compared to alternatives such as plastic or foam cups may limit their use in cases requiring sturdy and long-lasting packaging. The fragility of paper cups may result in a suboptimal consumer experience and increased operational issues for businesses in busy environments such as large-scale events, outdoor catering, or fast-food places, where cups may be prone to intense operations.
Recent Development
- In November 2019, Rachana Kraft has received "business awards & summit award 2019 for achievement in paper cup manufacturing co. at Baku Azerbaijan
India Paper Cup Market Scope
The India paper cup market is segmented into ten notable segments based on product, capacity, wall type, color, product category, usage, pattern, application, end-use, and distribution channel. The growth amongst these segments will help you analyze major growth segments in the industries and provide the users with a valuable market overview and market insights to make strategic decisions to identify core market applications.
Product
- Hot Paper Cups
- Cold Paper Cups
On the basis of product, the market is segmented into hot paper cups and cold paper cups.
Capacity
- 150 to 350 ML
- Up to 150 ML
- 350 to 500 ML
- Above 500 ML
On the basis of capacity, the market is segmented into 150 to 350 ML, up to 150 ML, 350 to 500 ML, and above 500 ML.
Wall Type
- Single-Wall Paper Cups
- Double-Wall Paper Cups
- Corrugated Ripple Paper Cups
- Others
On the basis of wall type, the market is segmented into single-wall paper cups, double-wall paper cups, corrugated ripple paper cups, and others.
Color
- Single Colored
- Multi-Colored
On the basis of color, the market is segmented into single colored and multi-colored.
Product Category
- Standard
- Customized
On the basis of product category, the market is segmented into standard and customized.
Usage
- Single Use
- Reusable
On the basis of usage, the market is segmented into single use and reusable.
Pattern
- Plain
- Printed
On the basis of pattern, the market is segmented into plain and printed.
Application
- Beverages
- Food
On the basis of application, the market is segmented into beverages and food.
End-Use
- Commercial
- Household/Residential
On the basis of end-use, the market is segmented into commercial and household/residential.
Distribution Channel
- Retail Sales
- Direct Sales
On the basis of distribution channel, the market is segmented into retail sales and direct sales.
India Paper Cup Market: Competitive Landscape and Share Analysis
The paper cup market competitive landscape provides details by competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to the market.
Some of the major market players operating in India paper cup market are ISHWARA, LEETHA GROUP, Rachana Kraft, Sri Lakshmi Polypack, EGS Industries., Kafkaindia, Neeyog, Paricott India Papercup Pvt Ltd., Arp Cups A Brand Of (Heartbro Hygiene Private Limited), Pinnacle Packs, Sri Vinayaka Scoring, Octane Ecowares Private Limited, SANDEEP PLASTIC INDUSTRIES, Aaradhya Disposal Industries Pvt. Ltd., MrPaperCup, Flamingo Paper Packs, Shri Banke Bihari Polymers, PIRSQ, JALLAN POLYPACK INDIA PVT LTD, Zircon Paperware Pvt. Ltd, ARPAN FP, ITC Limited, Global Sourcing and among others.
SKU-