To uncover the general market conditions and tendencies, Portion Cups Market research report acts as a perfect source. This report helps in planning by providing precise and state-of-the-art information about the consumer’s demands, preferences, attitudes and their changing tastes about the specific product. The Portion Cups Market report is a window to the Materials & Packaging industry which explains what market definition, classifications, applications, engagements and market trends are. The numerical data of this report is mainly backed up by two statistical tools such as SWOT analysis and Porter’s Five Forces Analysis. The Portion Cups Market report plays key role in keeping hold of reputation of the firm and its products.Portion Cups Market market research report also directs the manufacturer about planning of advertising and sales promotion efforts and makes it more effective.
Portion cups are specialised packaging products that are provided as containers to the end-users utilized in the food & beverages industry for the consumption of a single serving. These cups are generally medium-size but size can vary depending on their usage and applications. The materials utilized to make these packaging products are plastic, paper, aluminum foil, even sugarcane or some other biodegradable materials.
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Global portion cups market is expected to rise to an estimated value of USD 1181.38 million by 2026, register a substantial CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the rise in the quantity of food service restaurants & outlets globally and their increased usage by the population.
Few of the major competitors currently working in the global portion cups market are Dart Container Corporation; Placon; Sabert Corporation; BSIbio; Huhtamaki; Graphic Packaging International, LLC; Georgia-Pacific; Winpak Ltd.; D&W Fine Pack; Eco-Products, Inc.; Fabri-Kal; Sonoco Products Company; Pactiv LLC; Amhil Enterprises; Dot It Restaurant Fulfillment; POLAR PAK COMPANY; London Bio Packaging; Berry Global Inc.; worldcentric.com; NatureWorks LLC; International Paper; The Waddington Group and Lollicup USA, Inc.
Segmentation: Global Portion Cups Market
By Material Type
- Polypropylene (PP)
- Polyethylene (PE)
- High-Density Polyethylene (HDPE)
- Low-Density Polyethylene (LDPE)
- Polyamide (PA)
- Polylactic Acid (PLA)
- Polyhydroxyalkanoates (PHA)
- Starch Blends
- Polyethylene Terephthalate (PET)
- Polystyrene (PS)
- Aluminum Foil
- Up to 1Oz
- Above 6Oz
- Tomato Sauce
- BBQ Sauce
- Ice Creams
By Distribution Channel
- Specialty Stores
- Discount Stores
- Convenience Stores
- Direct Sales
- Food Service Outlets
- Full Service Restaurants
- Quick Service Restaurants
- Ice Cream Vendors
- Airlines & Railways
- Schools & Offices
- North America
- South America
- Rest of South America
- United Kingdom
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- South Africa
- Saudi Arabia
- United Arab Emirates
- Rest of Middle East & Africa
Key Developments in the Market:
- In February 2018, Dot It Restaurant Fulfillment announced the launch of several products to their product portfolio. The products designed in partnership with Eatery Essentials include disposable cups, lids and containers will be available on Dot It’s website. The product lines are specially designed for single-use and are meant to be disposed due to the growing trend of takeaway services and food delivery systems. These products are also available as branded alternatives on demand.
- In August 2017, Dart Container Corporation announced that they will invest USD 40 million for the establishment of a new technical and innovation center situated in Michigan, United States. This facility will enable for enhanced levels of quality to their products. The plans for the facility includes constructing a new 250,000-square foot facility adjacent to Dart’s existing corporate office with 80,000-square feet provided to offices and the remaining for the enhancement & production of prototype products. Improvements of the existing areas are also planned to improve organizations’ tooling and machine production operations so that the area allocated expands from 215,000 square feet to 330,000 square feet.
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Competitive Analysis: Global Portion Cups Market
Global portion cups market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of portion cups market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
- Low costs of raw materials resulting in low cost products for end-consumption is one of factors driving the growth of the market
- Changes in lifestyle resulting in increased consumption of fast-food services is expected to positively affect the growth of the market
- Transformation of trends shifting the popularity of take-away services requiring packaging products and services is expected to drive the growth of the market
- Reduced demand for packaged condiments, gravies & sauces provided in portion cups is expected to restrain the growth of the market growth
- Complications in usage of certain portion cups made out of paper, certain plastics and sugarcane are factors expected to restrain the market growth
- Presence of strict compliances from the authorities regarding the usage of plastics globally is expected to restrain the growth of the market
Research Methodology: Global Portion Cups Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.
The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Key Insights in the report:
- Complete market analysis and forecasting
- Market definition, understanding the concept of portion cups
- Market drivers and restraints of the industry
- Market segmentations and market share divided amongst them
- Key players in the market and their analysis
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