Market Analysis and Insights: Global Portion Cups Market
Portion cups are the type of medium sized containers that are used for storage and packaging of various foodstuff. It is generally made up of materials such as plastics, aluminium, aluminium foil and others.
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The portion cups market is expected to rise in demand due to the rapid growth of the food and beverages industry. Also, the high disposable income level, large number of foodservice outlets all across the globe along with rapid change in the lifestyle of the people are also projected to impact the growth of the portion cups in the forecast period of 2021 to 2028. The rise in number of hotels and restaurants across the globe is also anticipated to flourish the demand of the portion cups market owing to the above-mentioned reasons and is also is projected to grow substantially during the forecast period. Furthermore, the rise in usage of portion cups across various applications and low costs of raw materials are also expected to push the growth of portion cups market in the above-mentioned forecast period.
The major factor which actively drives the demand of portion cups market is the easy availability of these cups in various storage capacities and materials. Likewise, the rapid increase in awareness of cross-cultural cuisines and the rise in popularity of fast food among the youth population will further offer various growth opportunities for the growth of portion cups market over the forecast period of 2021 to 2028.
However, the strict regulations of government authorities and regulatory bodies regarding usage of plastics are expected to impede the growth of the portion cups market in the above-mentioned forecast period, whereas the reduced demand for packaged condiments can challenge the growth of the portion cups market.
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Global Portion Cups Market Scope and Market Size
On the basis of material type, the portion cups market is segmented into plastic, paper, aluminum foil, sugarcane and others. Plastic has further been segmented into polypropylene (PP) polyethylene (PE), polyamide (PA), bioplastics, polyethylene terephthalate (PET) and polystyrene (PS). Polyethylene (PE) has further been sub-segmented into high-density polyethylene (HDPE) and low-density polyethylene (LDPE). Bioplastics has further been sub-segmented into polylactic acid (PLA), polyhydroxyalkanoates (PHA) and starch blends.
On the basis of capacity, the portion cups market is segmented into up to 1oz, 1-2oz, 2-3oz, 3-4oz, 4-5oz, 5-6oz and above 6oz.
Based on application, the portion cups market is segmented into tomato sauce, bbq sauce, guacamole, hummus, soups, dressings/toppings, bakery, dairy, ice creams and others.
On the basis of end user, the portion cups market is segmented into food service outlets, institutional and households. Food service outlets have further been segmented into full-service restaurants, quick service restaurants and ice cream vendors. Institutional have further been segmented into cinemas, airlines and railways, schools and offices and hospitals.
The distribution channel segment for portion cups market is segmented into retailers, e-retail and direct sales. Retailers have further been segmented into supermarkets, hypermarkets, specialty stores, discount stores and convenience stores.
Portion Cups Market Country Level Analysis
The portion cups market is analyzed and market size, volume information is provided by country, material type, capacity, application, end user and distribution channel as referenced above.
The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific leads the portion cups market because of the strong population base, rapid urbanization, industrialization, economic growth, along with rapid rise in food and beverage sector. North America is expected to expand at a significant growth of the over the forecast of 2021 to 2028 due to rise in consumption of ready-to-eat food items such as bakery items and dairy products.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Portion Cups Market Share Analysis
The portion cups market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to portion cups market.
The major players covered in the portion cups market report are
· Dart Container Corporation
· Sabert Corporation
· Graphic Packaging International, LLC
· Georgia-Pacific Consumer Products LP
· WINPAK LTD.
· D&W Fine Pack
· Eco-Products, Inc.
· Sonoco Products Company
· Pactiv LLC
· Amhil Enterprises
· Dot It Restaurant Fulfillment
· POLAR PAK COMPANY
· London Bio Packaging
· Berry Global Inc.
· NatureWorks LLC
· International Paper
among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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