-- Increasing alertness regarding the adverse effects of plastic, constant efforts by governments to reduce the use of non-biodegradable packaging and constant efforts of manufacturers to introduce advanced biodegradable cups are the factors driving the market growth. However, the high costs associated with biodegradable cups as compared to the traditional disposables may hinder the market growth.
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Biodegradable cups are those made of materials that can be decomposed by the action of living organisms, usually microbes, into water, carbon dioxide, and biomass. These are gaining popularity in the light of worldwide awareness regarding eco friendly practises.
By Material, Bio-plastics segment is likely to have a huge demand during the forecast period due its wide range of applications. Among bio-plastics, the scope of Polybutylene Succinate (PBS) is growing rapidly. It decomposes naturally into water and carbon dioxide.
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Based on geography, North America is going to have a lucrative growth during the forecast period owing to the stringent law implications by the government and consumer concern over health and hygiene.
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Materials Covered:
• Bio-plastics
• Paper
Capacities Covered:
• Above 20 oz.
• 15 - 20 oz.
• 8 - 14 oz.
• Up to 7 oz.
Products Covered:
• Double Wall
• Single Wall
Applications Covered:
• Beverages
• Food
End Users Covered:
• Food Service Outlets
• Household
• Institutional
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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