Report Overview

India Paper Cup Market – Industry Trends & Forecast Report, 2030

India Paper Cup Market size was estimated at USD 594.51 million in 2023. During the forecast period between 2024 and 2030, India Paper Cup Market size is projected to grow at a CAGR of 4.80% reaching a value of USD 800.48 million by 2030. Prominent drivers of the market include the rising application in social and public gatherings, increasing demand for cost-effective and sustainable solutions, and growing environmental concerns. The surge in beverage consumption, particularly in quick service restaurants (QSRs) and fast-food chains, is boosting demand for disposable packaging to reduce leakage and spillage. Additionally, the growing preference for eco-friendly solutions, as paper cups decompose easily and reduce environmental impact, is fueling market growth. The wide availability of paper cups across hypermarkets, supermarkets, and online stores, along with rising demand for customized designs, is creating new growth avenues. Government initiatives promoting sustainability and the increased use of paper cups in hospitals to prevent germ spread are further driving the market's expansion.

Paper Cup – Overview

Paper cups, or disposable cups, are made from bleached virgin paper pulp and coated with plastic, wax, or polyethylene to prevent leaks and maintain durability. These eco-friendly, biodegradable cups save time as they require no cleaning and can be discarded after a single use. Widely used in India for beverages like tea, coffee, and soft drinks at events and gatherings, paper cups are also common in hospitals, cafes, and public spaces to reduce the spread of infections. Their convenience and hygienic benefits make them popular in various settings, including restaurants and hotels.

India Paper Cup Market

Growth Drivers

Booming Food & Beverages Industry

The thriving food & beverages industry across the country is significantly boosting the growth of India Paper Cup Market as the demand for sustainable and convenient packaging solutions rises. With the rapid growth of food delivery platforms like Zomato and Swiggy, which together account for nearly the entire online food delivery market in India, the need for paper cups has surged for hot and cold beverages. In March 2023, Zomato had around 30 million monthly active users, while Swiggy had 24 million, reflecting the expansive growth of online food services. The increasing number of food chains, restaurants, and coffee shops, combined with the convenience of eating at home, has further accelerated the use of paper cups. Additionally, advancements in paper cup manufacturing, such as biodegradable and compostable materials, align with the industry's sustainability goals, making paper cups a preferred choice. As a result, India Paper Cup Market is expected to witness robust growth during the period in analysis.

Challenges

Higher Costs of Paper Cups than Plastic Cups

The higher costs associated with paper cups compared to plastic alternatives may significantly restrain the growth of India Paper Cup Market. Factors such as the rising prices of raw materials like paperboard and specialized coatings contribute to increased manufacturing expenses. This price volatility, largely driven by imports, impacts profit margins for producers and makes paper cups less attractive to cost-sensitive consumers. As a result, many businesses opt for cheaper plastic options, which hampers the market's expansion. The emphasis on sustainability and environmental concerns further complicates the situation, as consumers weigh cost against eco-friendliness in their purchasing decisions.

Impact of Escalating Geopolitical Tensions on India Paper Cup Market

Escalating geopolitical tensions among countries across regions could have a significant impact on the growth of India Paper Cup Market. These tensions can disrupt supply chains, leading to shortages of essential raw materials like paperboard and coatings, which in turn drives up production costs. Additionally, fluctuations in international trade policies and tariffs may hinder imports and exports, further affecting market dynamics. Companies may face uncertainty in sourcing materials and increased operational costs, prompting a shift towards more stable alternatives. Such factors could deter investment and innovation within the industry, ultimately slowing market growth in India.

India Paper Cup Market

Segmental Coverage

India Paper Cup Market – By Cup Type

By cup type, India Paper Cup Market is split into Hot Paper Cups and Cold Paper Cups segments. The hot paper cups segment holds a higher share in India Paper Cup Market by cup type. It can be attributed to the increasing demand for hot beverages worldwide. Additionally, quick-service restaurants and smaller beverage outlets commonly use paper cups for serving hot tea and coffee due to their affordability and the convenience they offer.

India Paper Cup Market – By Wall Type

Based on wall type, India Paper Cup Market is bifurcated into Single Wall Paper Cups and Multiple Wall Paper Cups segments. The single wall paper cups segment holds a higher share in India Paper Cup Market by wall type, primarily due to their cost-effectiveness and lower energy requirements for production compared to double and triple wall cups. They are commonly used in the food and beverage industry for serving drinks like tea and coffee. Additionally, their biodegradable nature supports sustainability efforts within the food service sector.

India Paper Cup Market – By Cup Size

Based on cup size, India Paper Cup Market is divided into Small, Medium-size, and Large segments.

India Paper Cup Market – By End User

On the basis of end user, India Paper Cup Market is divided into Food & Beverages Industry, Institutional Use, and Retail Stores segments. The food & beverages industry segment holds the largest share of India Paper Cup Market by end user. It is primarily due to the significant consumption and increasing demand for paper cups. Paper cups are widely used in quick service restaurants (QSRs), cafes, and various establishments for serving beverages like tea, coffee, soft drinks, and even water. Approximately 80% of paper cups manufactured in India are utilized by the food service sector, reflecting its dominant role in the market. The growing popularity of takeout culture, the expansion of international food chains, and a shift towards eco-friendly products have all contributed to this trend. Additionally, the use of paper cups as a marketing medium further enhances their demand within the food and beverage industry, solidifying their importance as the primary end-user segment in India Paper Cup Market.

India Paper Cup Market – By Distribution Channel

By distribution channel, India Paper Cup Market is divided into Supermarkets & Hypermarkets, Specialty Stores, Direct Sales (B2B), and Online segments.

India Paper Cup Market – By Region

The in-depth research report on India Paper Cup Market covers the market in the country’s major regions: North India, South India, East India, and West India regions.

Competitive Landscape

Major players operating in India Paper Cup Market include Leetha Group, Sri Lakshmi Polypack, Octane Ecowares Pvt Ltd, Neeyog Packaging, Hyper Pack Pvt Ltd, Ashima Paper Products, World Star Packaging Industry, Paricott India Papercup Pvt Ltd, and Bansal Industries. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Recent Developments

• In March 2023 - Leetha Pack Pvt Ltd, a Kochi, Kerala-based exporter of biodegradable paper cups, announced its plans to expand its presence in the India market. The company supplies eco-friendly cups to global brands like Costa Coffee, Guinness, and Costco across 20 countries.

Scope of the Report

By Cup Type

• Hot Paper Cups

• Cold Paper Cups

By Wall Type

• Single Wall Paper Cups

• Multiple Wall Paper Cups

By Cup Size

• Small

• Medium

• Large

By End User

• Food & Beverages Industry

• Institutional Use

• Retail Stores

By Distribution Channel

• Supermarkets & Hypermarkets

• Specialty Stores

• Direct Sales (B2B)

• Online

By Region

• North India

• South India

• East India

• West India

1. Research Framework
   1. Research Objective
   2. Product Overview
   3. Market Segmentation
2. Executive Summary
3. India Paper Cup Market Insights
   1. Industry Value Chain Analysis
   2. DROC Analysis
      1. Growth Drivers
         1. Growing environmental awareness
         2. Booming food and beverage industry
         3. Urbanization and changing lifestyle
      2. Restraints
         1. Higher costs than plastic cups
         2. Limited availability in some regions
         3. Concerns about coating chemicals
      3. Opportunities
         1. Government initiatives to reduce plastic usage
         2. Increasing product innovation
         3. Growing demand for eco-friendly products
      4. Challenges
         1. Competition from alternative materials
         2. Fluctuating raw material prices
   3. Technological Advancements/Recent Developments
   4. Regulatory Framework
   5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
4. India Paper Cup Market: Pricing Analysis
5. India Paper Cup Market: Marketing Strategies
6. India Paper Cup Market Overview
   1. Market Size & Forecast, 2019–2030
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Cup Type
         1. Hot Paper Cups
         2. Cold Paper Cups
      2. By Wall Type
         1. Single Wall Paper Cups
         2. Multiple Wall Paper Cups
      3. By Cup Size
         1. Small
         2. Medium
         3. Large
      4. By End User
         1. Food & Beverages Industry
         2. Institutional Use
         3. Retail Stores
      5. By Distribution Channel
         1. Supermarkets & Hypermarkets
         2. Specialty Stores
         3. Direct Sales (B2B)
         4. Online
      6. By Region
         1. North India
         2. South India
         3. East India
         4. West India
7. North India Paper Cup Market Overview
   1. Market Size & Forecast, 2019–2030
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Cup Type
      2. By Wall Type
      3. By Cup Size
      4. By End User
      5. By Distribution Channel
8. South India Paper Cup Market Overview
   1. Market Size & Forecast, 2019–2030
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Cup Type
      2. By Wall Type
      3. By Cup Size
      4. By End User
      5. By Distribution Channel
9. East India Paper Cup Market Overview
   1. Market Size & Forecast, 2019–2030
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Cup Type
      2. By Wall Type
      3. By Cup Size
      4. By End User
      5. By Distribution Channel
10. West India Paper Cup Market Overview
    1. Market Size & Forecast, 2019–2030
       1. By Value (USD Million)
    2. Market Share & Forecast
       1. By Cup Type
       2. By Wall Type
       3. By Cup Size
       4. By End User
       5. By Distribution Channel
11. India Paper Cup Market: Import & Export
12. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. India Paper Cup Company Market Share Analysis, 2023
    3. Competitive Benchmarking, By Operating Parameters
    4. Key Strategic Development (Mergers, Acquisitions, Partnerships, etc.)
13. Impact of Escalating Geopolitical Tensions on India Paper Cup Market
14. Company Profiles (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
    1. Leetha Group
    2.  Sri Lakshmi Polypack
    3. Octane Ecowares Pvt Ltd
    4. Neeyog Packaging
    5. Hyper Pack Pvt Ltd
    6. Ashima Paper Products
    7. World Star Packaging Industry
    8.  Paricott India Papercup Pvt Ltd
    9. Bansal Industries
    10. Other Prominent Players
15. Key Strategic Recommendations
16. Research Methodology
    1. Qualitative Research
       1. Primary & Secondary Research
    2. Quantitative Research
    3. Market Breakdown & Data Triangulation
       1. Secondary Research
       2. Primary Research
    4. Breakdown of Primary Research Respondents, By Region
    5. Assumption & Limitation

* Financial information of non-listed companies will be provided as per availability

**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable

List of Figures

Figure 1       India Paper Cup Market Segmentation

Figure 2       India Paper Cup Market Value Chain Analysis

Figure 3       Company Market Share Analysis, 2023

Figure 4       India Paper Cup Market Size, By Value (USD Million), 2019–2030

Figure 5       India Paper Cup Market Share, By Cup Type, By Value (USD Million), 2019–2030

Figure 6       India Paper Cup Market Share, By Wall Type, By Value (USD Million), 2019–2030

Figure 7       India Paper Cup Market Share, By Cup Size, By Value (USD Million), 2019–2030

Figure 8       India Paper Cup Market Share, By End User, By Value (USD Million), 2019–2030

Figure 9       India Paper Cup Market Share, By Distribution Channel, By Value (USD Million), 2019–2030

Figure 10     India Paper Cup Market Share, By Region, By Value (USD Million), 2019–2030

Figure 11     North India Paper Cup Market Size, By Value (USD Million), 2019–2030

Figure 12     North India Paper Cup Market Share, By Cup Type, By Value (USD Million), 2019–2030

Figure 13     North India Paper Cup Market Share, By Wall Type, By Value (USD Million), 2019–2030

Figure 14     North India Paper Cup Market Share, By Cup Size, By Value (USD Million), 2019–2030

Figure 15     North India Paper Cup Market Share, By End User, By Value (USD Million), 2019–2030

Figure 16     North India Paper Cup Market Share, By Distribution Channel, By Value (USD Million), 2019–2030

Figure 17     South India Paper Cup Market Size, By Value (USD Million), 2019–2030

Figure 18     South India Paper Cup Market Share, By Cup Type, By Value (USD Million), 2019–2030

Figure 19     South India Paper Cup Market Share, By Wall Type, By Value (USD Million), 2019–2030

Figure 20     South India Paper Cup Market Share, By Cup Size, By Value (USD Million), 2019–2030

Figure 21     South India Paper Cup Market Share, By End User, By Value (USD Million), 2019–2030

Figure 22     India Paper Cup Market Share, By Distribution Channel, By Value (USD Million), 2019–2030

Figure 23     East India Paper Cup Market Size, By Value (USD Million), 2019–2030

Figure 24     East India Paper Cup Market Share, By Cup Type, By Value (USD Million), 2019–2030

Figure 25     East India Paper Cup Market Share, By Wall Type, By Value (USD Million), 2019–2030

Figure 26     East India Paper Cup Market Share, By Cup Size, By Value (USD Million), 2019–2030

Figure 27     East India Paper Cup Market Share, By End User, By Value (USD Million), 2019–2030

Figure 28     East India Paper Cup Market Share, By Distribution Channel, By Value (USD Million), 2019–2030

Figure 29     West India Paper Cup Market Size, By Value (USD Million), 2019–2030

Figure 30     West India Paper Cup Market Share, By Cup Type, By Value (USD Million), 2019–2030

Figure 31     West India Paper Cup Market Share, By Wall Type, By Value (USD Million), 2019–2030

Figure 32     West India Paper Cup Market Share, By Cup Size, By Value (USD Million), 2019–2030

Figure 33     West India Paper Cup Market Share, By End User, By Value (USD Million), 2019–2030

Figure 34     West India Paper Cup Market Share, By Distribution Channel, By Value (USD Million), 2019–2030

List of Tables

Table 1      India Paper Cup Market Size, By Value (USD Million), 2019–2030

Table 2      India Paper Cup Market Share, By Cup Type, By Value (USD Million), 2019–2030

Table 3      India Paper Cup Market Share, By Wall Type, By Value (USD Million), 2019–2030

Table 4      India Paper Cup Market Share, By Cup Size, By Value (USD Million), 2019–2030

Table 5      India Paper Cup Market Share, By End User, By Value (USD Million), 2019–2030

Table 6      India Paper Cup Market Share, By Distribution Channel, By Value (USD Million), 2019–2030

Table 7      India Paper Cup Market Share, By Region, By Value (USD Million), 2019–2030

Table 8      North India Paper Cup Market Size, By Value (USD Million), 2019–2030

Table 9      North India Paper Cup Market Share, By Cup Type, By Value (USD Million), 2019–2030

Table 10    North India Paper Cup Market Share, By Wall Type, By Value (USD Million), 2019–2030

Table 11    North India Paper Cup Market Share, By Cup Size, By Value (USD Million), 2019–2030

Table 12    North India Paper Cup Market Share, By End User, By Value (USD Million), 2019–2030

Table 13    North India Paper Cup Market Share, By Distribution Channel, By Value (USD Million), 2019–2030

Table 14    South India Paper Cup Market Size, By Value (USD Million), 2019–2030

Table 15    South India Paper Cup Market Share, By Cup Type, By Value (USD Million), 2019–2030

Table 16    South India Paper Cup Market Share, By Wall Type, By Value (USD Million), 2019–2030

Table 17    South India Paper Cup Market Share, By Cup Size, By Value (USD Million), 2019–2030

Table 18    South India Paper Cup Market Share, By End User, By Value (USD Million), 2019–2030

Table 19    South India Paper Cup Market Share, By Distribution Channel, By Value (USD Million), 2019–2030

Table 20    East India Paper Cup Market Size, By Value (USD Million), 2019–2030

Table 21    East India Paper Cup Market Share, By Cup Type, By Value (USD Million), 2019–2030

Table 22    East India Paper Cup Market Share, By Wall Type, By Value (USD Million), 2019–2030

Table 23    East India Paper Cup Market Share, By Cup Size, By Value (USD Million), 2019–2030

Table 24    East India Paper Cup Market Share, By End User, By Value (USD Million), 2019–2030

Table 25    East India Paper Cup Market Share, By Distribution Channel, By Value (USD Million), 2019–2030

Table 26    West India Paper Cup Market Size, By Value (USD Million), 2019–2030

Table 27    West India Paper Cup Market Share, By Cup Type, By Value (USD Million), 2019–2030

Table 28    West India Paper Cup Market Share, By Wall Type, By Value (USD Million), 2019–2030

Table 29    West India Paper Cup Market Share, By Cup Size, By Value (USD Million), 2019–2030

Table 30    West India Paper Cup Market Share, By End User, By Value (USD Million), 2019–2030

Table 31    West India Paper Cup Market Share, By Distribution Channel, By Value (USD Million), 2019–2030

Table 32    Leetha Group Company Overview

Table 33    Leetha Group Financial Overview

Table 34    Sri Lakshmi Polypack Company Overview

Table 35    Sri Lakshmi Polypack Financial Overview

Table 36    Octane Ecowares Pvt Ltd Company Overview

Table 37    Octane Ecowares Pvt Ltd Financial Overview

Table 38    Neeyog Packaging Company Overview

Table 39    Neeyog Packaging Financial Overview

Table 40    Hyper Pack Pvt Ltd Company Overview

Table 41    Hyper Pack Pvt Ltd Financial Overview

Table 42    Ashima Paper Products Company Overview

Table 43    Ashima Paper Products Financial Overview

Table 44    World Star Packaging Industry Company Overview

Table 45    World Star Packaging Industry Financial Overview

Table 46    Paricott India Papercup Pvt Ltd Company Overview

Table 47    Paricott India Papercup Pvt Ltd Financial Overview

Table 48    Bansal Industries Company Overview

Table 49    Bansal Industries Financial Overview