March 21, 2022 10:30 ET | Source: Transparency Market Research Transparency Market Research
Albany, New York, UNITED STATES Paper Coffee Cups With Lids And Sleeves
ALBANY, N.Y., March 21, 2022 (GLOBE NEWSWIRE) -- Businesses in the food service industry are increasingly leaning on reducing their environmental footprint with the adoption of compostable and recyclable packaging solutions, expanding revenue possibilities for packaging companies in the biodegradable cups market. Paper-based beverages packaging have in recent years gained impetus, where ban on single-use plastics in packaging has been attracting regulatory push in several countries. The global biodegradable cups market is projected to reach US$ 578.7 Mn by 2027, from its valuation of US$ 449.7 Mn in 2022.
Advancements in designs and the coating used are unlocking new business value, assert the authors of an in-depth scrutiny on the biodegradable cups market. This has incentivized adoption of biodegradable materials including coating in the packaging products. Both paper and bio-plastics are growing in use for the wide range of products for institutional users and household users.
The need for functional as well as recyclable coating is spurring the trend toward constant spirit of innovation in coatings, such as the water-based compostable coating for cups. These are gaining popularity for different types of beverages. Cafeterias, quick service restaurants, and institutional buyers are keenly adopting PE coated paper cups for ice-creams and hot beverages, thus expanding profitable opportunities for stakeholders in the biodegradable cups market.
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Biodegradable Cups Market: Key Drivers
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Biodegradable Cups Market: Key Players
Some of the key players in the biodegradable bags market are Vegware, Go-Pak UK LTD, Eco-Products, Inc., Lollicup USA, Inc., Pactiv LLC, Dart Container Corporation, Genpak LLC, Bio Futura B.V., Fabri-Kal, Benders Paper Cup Company, and Colpac Ltd.
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Global Biodegradable Cups Market Segmentation Biodegradable Cups Market by Capacity
Biodegradable Cups Market by Material Type
Biodegradable Cups Market by Product Type
Biodegradable Cups Market by Application
Biodegradable Cups Market by End Use
Biodegradable Cups Market by Region
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Biodegradable Coffee Cups Bulk Rohit Bhisey Transparency Market Research State Tower, 90 State Street, Suite 700, Albany NY – 12207 United States USA - Canada Toll Free: 866-552-3453 Email: sales@transparencymarketresearch.com Follow Us: Twitter | LinkedIn Blog: https://tmrblog.com Website: http://www.transparencymarketresearch.com Press Release: https://www.transparencymarketresearch.com/biodegradable-cups-market.html