Market Share of Paper Cups Industry
The paper cups market is semi-consolidated, leading to several small players entering the emerging markets. However, the market remains relatively consolidated in developed economies compared to developing economies. The key players operating in the paper cups market include Huhtamaki oyj, Kap Cones Private Limited, Graphic Packaging International LLC, Dart Container Corporation, and Converpack Inc.
- In January 2024, Go-Pak Group, a manufacturer of paper cups and other food service packaging products, announced a three-year strategic partnership with H&M Distribution, marking a pivotal milestone in enhancing customer service by prioritizing delivery efficiency, bolstering reliability, and actively reducing carbon emissions.
- In September 2023, Graphic Packaging International announced its plans to build a facility in Waco, Texas, to produce recycled paperboard, a responsible packaging alternative. The plant is slated to ramp up production in 2026. The Waco facility will leverage the industry's modern technology to produce recycled paperboard to package standard products ranging from cereal to pasta. When complete, the cutting-edge facility is anticipated to recycle fiber from about 15 million paper cups daily, increasing the company's capacity to provide high-quality recycled paperboard to customers across the United States.
Paper Cups Market Leaders
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Huhtamaki oyj
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Kap Cones Private Limited
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Graphic Packaging International LLC
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Dart container corporation
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Converpack Inc.
*Disclaimer: Major Players sorted in no particular order
