US Paper Cups and Paper Plates Market Report 2021: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2015-2026 – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “US Paper Cups and Paper Plates Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026” report has been added to ResearchAndMarkets.com’s offering.
The US paper cups and paper plates market reached a value of US$ 20 Billion in 2020. Looking forward, the market to exhibit stable growth during 2021-2026.
Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
The market for paper cups and plates in the US is primarily driven by the well-established food and beverage industry in the country. Characterized by a hectic lifestyle of the majority of its population, the US stands as a witness to a steadily increasing fast food consumption. In line with this, the on-the-go coffee culture has led to the expansion of prominent coffee shops, which has provided a boost to the sales of paper cups and plates for serving and packing beverages and snacks.
Moreover, the growing consciousness among consumers regarding the importance of hygiene and sanitation has impelled them to replace reusable utensils with disposables, thereby providing a thrust to the market growth. Furthermore, numerous eminent brands, such as Starbucks, are now replacing plastic packaging with paper cups and plates, owing to the enhanced focus towards sustainable development.
Several market players are also introducing 100% recyclable, biodegradable or compostable paper disposables made with fiber-based raw materials.
Key Questions Answered in This Report:
- How has the US paper cups and paper plates market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the US paper cups and paper plates market?
- What are the major product types in the industry?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the industry and who are the key players?
- What is the degree of competition in the industry?
- How are paper cups and paper plates manufactured?
For more information about this report visit https://www.researchandmarkets.com/r/bvj3kb
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