Portion Cup Market Size worth $1,241.1 Million by 2027 | CAGR: 6.8%: Observes TMR Study

2022-07-24 06:40:01 By : Mr. Eric Yi

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WILMINGTON, Del. , July 15, 2022 /PRNewswire/ -- The value of the global portion cup market was clocked at US$ 832.7 Mn in 2021. The global market is estimated to expand at a CAGR of 6.8% during the forecast period, from 2022 to 2027. Size of portion cup market is estimated to reach value of US$ 1,241.1 million by 2027. The development of strict regulatory framework, the existence of supportive government policies, a shift in consumer inclination toward sustainability, and rising environmental concerns are some of the factors that are predicted to drive the global portion cup market.

The development of portion cups is an important step in recycling plastic consumption for environmental reasons. The use of portion cups made of sustainable materials has a number of advantages, including a smaller environmental impact and simple composting. Such advantages are likely to present high growth opportunities to the portion cup manufacturers during the forecast timeline.

The market for portion cups is strongly impacted by the rise of the ice cream business. Ice cream that has just been scooped is typically preferred over ice cream that has been packaged. Ice cream scoops are frequently served in cups and is expected to account for a portion cup market share. Ice cream sales considerably rise throughout the summer. In order to accommodate rising demand for scooped ice cream, vendors utilize portion cups. Large ice cream manufacturers brand the portion cups with their logos and brand names. This draws people and makes it easier to promote the ice cream brand. In the ice-cream business, the high use of portion cups is anticipated to garner revenue of around US$ 132.9 Mn during the forecast timeline.

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Key Findings of Market Report

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Global Portion Cup Market: Growth Drivers

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Global Portion Cup Market: Key Players

Some of the key market players are

Global Portion Cup Market: Segmentation

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Bag-in-Box Containers Market - Bag-In-Box Container Market is estimated to expand at a CAGR of 5% during the forecast period of 2019-2027.

Inverted Pouches Market - Inverted Pouches Market is expected to reach the value of US$19.3 Mn By the End of 2027, it is Estimated to expand at a CAGR 7% From 2019 – 2027.

Isothermal Bags & Containers Market - Isothermal Bags & Containers Market is projected to exhibit a CAGR 6.0% from 2018 - 2026.

Dual-Ovenable Trays & Containers Market - Dual-Ovenable Trays & Containers Market was worth US$ 1,554.5 Mn and is projected to reach a value of US$ 1,789.4 Mn by the end of 2026.

Rigid Paper Containers Market - Rigid Paper Containers Market was valued at around US$ 275 Bn in 2017. The rigid paper containers market is estimated to expand at a CAGR of 5.5% during the forecast period of 2018-2026.

Hydration Containers Market - Hydration Containers Market has been estimated to be US$ 9.7 Bn in 2019, and is expected to expand at a CAGR of ~ 6% in terms of value throughout the forecast period.

Retort Pouches Market - Retort Pouches Market is expected to reach the value of US$ 1456.8 Mn by the End of 2025, it is estimated to expand at a CAGR 6.5% by 2025.

Molded Fiber Clamshell and Container Market - Molded Fiber Clamshell And Container Market is likely to be valued at more than US$2 bn by the end of 2017 and further rise to US$2.7 bn by the end of the 2017-2022 forecast period. The market is projected to exhibit a 6% CAGR between 2017 and 2022.

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