To improve the website's functionality, we use cookies, including third-party cookies. Read our Privacy Policy for more information
I AgreeAnalysis of PET Cups market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
The PET cups market is gaining traction due to growing demand for packaged food and beverages in countries categorized by rising per capita expenditure and increasing consumer disposable income. Moreover, the growing food and beverages market across developed as well as developing markets will act as a catalyst for the growth of the global PET cups market. Manufacturers operating in the PET cups market are being constantly challenged by growing penetration of alternative packaging solutions, such as bottles, flexible pouches, etc. PET cups offer printing capabilities – their surface can be printed on, and hence, they help in branding and promotion. PET cups find applications in ice cream packaging and fruits & vegetable packaging, among others. The global PET cups market is anticipated to witness moderate growth over the forecast period.
The global PET Cups has been categorized on the basis of closure type, distribution channel, application and end use industry.
On the basis of closure type, the global PET Cups market has been segmented as:
On the basis of distribution channel, the global PET Cups market has been segmented as:
On the basis of application, the global PET Cups market has been segmented as:
On the basis of end use, the global PET Cups market has been segmented as:
The global market for PET cups is anticipated to grow against the backdrop of increasing consumption of packaged food & beverage products among consumers. Keeping in mind the busy lifestyle of consumers, packaging manufacturers are focusing on the manufacturing of consumer friendly and convenient packaging solutions. The global PET cups market is being primarily driven by the growing demand for packaging solutions for beverages and dairy products. Manufacturers, these days, produce PET cups in a variety of sizes. PET cups are commonly used in cafes, restaurants, foodservice outlets and quick service outlets. PET cups make a better barrier to moisture, air and aroma and keep packaged products fresh. However, there are some factors that might hamper the growth of the PET cups market globally. For instance, stringent government rules and regulations regarding the use of plastic based packaging products may hamper the growth of the PET cups market during the forecast period.
Along with this, easy availability of alternative solutions, such as paper cups and PLA cups, is another factor that might hamper the growth of the PET cups market during the forecast period. Due to product evolution and technological advancements, PET cups have emerged as an efficient and cost-effective packaging option for the food and beverage packaging manufacturers and are now much preferred over traditional polyethylene based packaging. However, paper cups are expected to overtake the market of PET cups during the forecast period.
Don't Need a Global Report?
Save 40% on Country & Region specific reports
Globally, the PVC market is divided into seven key regions - North America, Western Europe, Latin America, Eastern Europe, the Asia Pacific excluding Japan, Middle East & Africa, and Japan. Asia Pacific excluding Japan market for PET cups is expected to grow at an above average growth rate during the forecast period. North America and Europe regions are anticipated to witness sluggish growth over the forecast period.
More Insights, Lesser Cost (-50% off)
Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR
Some of the key players operating in the PET Cups market are Ningbo Yi Sheng Plastic Co., Ltd., Huhtamaki Oyj, NNZ Group, Macpac S.A., Sonoco Products Company, Temma Shiki Co., Ltd., among others.
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 in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with PET cups market attractiveness as per segments. The report also maps the qualitative impact of various market factors on PET cups market segments and geographies.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Fact.MR
- Let's Connect -
- Quick Contact -
- Get Started -
Get insights that lead to new growth opportunities
Pre BookGet A Special pricing for start-ups and universities
Enquiry Before Buying- Humble, Yet Honored -
- Related Reports -
The valuation of the PET cups market stands at US$ 419.2 million.
The market is estimated to grow at a CAGR of 8% owing to the increasing consumption of packaged food & beverage products.
Manufacturers are likely to find the most opportunities in Asia Pacific Excluding Japan.