Global Reusable Coffee Cup Market Overview
According to SPER Market Research, the Global Reusable Coffee Cup Market is estimated to reach USD 28.58 billion by 2033 with a CAGR of 6.06%.
A reusable coffee cup is a product that may be used repeatedly to consume coffee or other liquids. Instead of using single-use disposable cups, a reusable cup is a more sustainable solution because it reduces waste and helps to safeguard the environment. A wonderful method to help the environment and minimize your environmental footprint is to use a reusable coffee cup. So, if you enjoy drinking coffee or other hot beverages, think about getting a reusable cup right away. By using a reusable coffee cup, you can reduce the waste you generate and contribute to environmental protection. Also worth mentioning is the fact that many coffee shops give discounts to patrons who bring their own reusable cups, which can result in sizable savings over time.
Exploring the Growth Drivers of the Global Reusable Coffee Cup Market.
Over the forecast period, the market for reusable coffee cups is anticipated to expand at a CAGR of 6.06%. At the end of 2019, the market had revenue of about USD 13,000 million, and by the end of 2031, it is anticipated to have revenues of almost USD 25,000 million. The market is expected to rise as a result of factors including rising tourism around the world and rising use of reusable cups. Additionally, the market for reusable cups is anticipated to grow as a result of the growing need to reduce plastic waste production.
What challenges does the Global Reusable Coffee Cup Market face?
Due to increased concerns about environmental sustainability, the reusable coffee cup business has grown in popularity in recent years. However, the market remains to face certain challenges. One of the most significant challenge is a lack of consumer knowledge. Many people are unaware of the negative environmental effects of single-use coffee cups, such as the amount of garbage they generate and the use of non-renewable resources. This may reduce demand for reusable cups and disrupt the market's growth. Furthermore, convenience is a significant factor that can influence consumer behaviour. Carrying a reusable cup wherever you go may be troublesome for some people, especially if you don't have access to facilities to wash and store the cup.
In what ways has the COVID-19 pandemic affected Global Reusable Coffee Cup Market?
The epidemic of COVID-19 has had a major impact on the reusable coffee cup market. because of fears about the virus's potential spread, many coffee shops and cafes have temporarily stopped taking reusable cups. This is due to the possibility that the virus will survive on the surface of the cups and spread to others. As a result, many consumers have returned to using disposable coffee cups. This has increased demand for single-use cups, which has resulted in an increase in waste. There have been allegations of an increase in trash caused by abandoned disposable cups in some regions.
Scope of the Report:
Report Metric | Details |
Market size available for years | 2019-2033 |
Base year considered | 2022 |
Forecast period | 2023-2033 |
Segments covered | By Material Type, By Application, By Distribution Channel, By End User
|
Regions covered | Asia-Pacific, Europe, Middle East and Africa, North America, Latin America
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Companies Covered | Circular&Co, Ecoffee Cup, Frank Green, GlobalWAKEcup, Joco Cups, Keepcup, Keurig Green Mountain Inc, Klean kanteen, Tefai, Thermo L.L.C, Tread Light ltd, YETI Coolers LLC.
|
Key Target Audience
- Environmentally Conscious Consumers
- Coffee drinkers
- Health Conscious Consumers
- Businesses and organizations
Global Reusable Coffee Cup Market Segmentation:
1. By Material Type:
- Global Reusable Coffee Cup Market Value Share and Forecast, By Material Type, 2023-2033
- Bamboo
- Ceramic
- Glass
- Plastic
- Recycled paper
- Stainless Steel
- Others
2. By Applications:
- Global Reusable Coffee Cup Market Value Share and Forecast, By Applications, 2023-2033
- Hospital
- Office
- Residential
- Travelling
- Others
3. By Distribution Channel:
- Global Reusable Coffee Cup Market Value Share and Forecast, By Distribution Channel, 2023-2033
- Aggregator Websites
- Company Websites
- Franchise Retail Outlets
- Hypermarkets/Supermarkets
4. By End User:
- Global Reusable Coffee Cup Market Value Share and Forecast, By End User, 2023-2033
- Domestic
- Commercial
5. By Region:
- Asia-Pacific
- Europe
- Middle East & Africa
- North America
- Latin America
Key Topics Covered in the Report:
- Global Reusable Coffee Cup Market Size (FY’2023-FY’2033)
- Overview of Global Reusable Coffee Cup Market
- Segmentation of Global Reusable Coffee Cup Market By Material Type (Bamboo, Ceramic, Glass, Plastic, Recycled Paper, Stainless Steel, Others)
- Segmentation of Global Reusable Coffee Cup Market By Application (Hospital, Office, Residential, Travelling, Others)
- Segmentation of Global Reusable Coffee Cup Market By Distribution Channel ( Aggregator Websites, Company Websites, Franchise Retail Outlets, Hypermarkets/Supermarkets)
- Segmentation of Global Reusable Coffee Cup Market By End-User (Domestic, Commercial )
- Statistical Snap of Global Reusable Coffee Cup Market
- Growth Analysis of Global Reusable Coffee Cup Market
- Problems and Challenges in Global Reusable Coffee Cup Market
- Competitive Landscape in the Global Reusable Coffee Cup Market
- Impact of COVID-19 and Demonetization on Global Reusable Coffee Cup Market
- Details on Recent Investment in Global Reusable Coffee Cup Market
- Competitive Analysis of Global Reusable Coffee Cup Market
- Key Players in the Global Reusable Coffee Cup Market
- SWOT Analysis of Global Reusable Coffee Cup Market
- Global Reusable Coffee Cup Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Reusable Coffee Cup Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Reusable Coffee Cup Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Reusable Coffee Cup Market
7. Global Reusable Coffee Cup Market, By Material Type (USD Million)
7.1. Global Reusable Coffee Cup Market Value Share and Forecast, By Material Type, 2023-2033
7.2. Bamboo
7.3. Ceramic
7.4. Glass
7.5. Plastic
7.6. Recycled paper
7.7. Stainless Steel
7.8. Others
8. Global Reusable Coffee Cup Market, By Applications (USD Million)
8.1. Global Reusable Coffee Cup Market Value Share and Forecast, By Applications, 2023-2033
8.2. Hospital
8.3. Office
8.4. Residential
8.5. Travelling
8.6. Others
9. Global Reusable Coffee Cup Market, By Distribution Channel (USD Million)
9.1. Global Reusable Coffee Cup Market Value Share and Forecast, By Distribution Channel, 2023-2033
9.2. Aggregator Websites
9.3. Company Websites
9.4. Franchise Retail Outlets
9.5. Hypermarkets/Supermarkets
10. Global Reusable Coffee Cup Market, By End User (USD Million)
10.1. Global Reusable Coffee Cup Market Value Share and Forecast, By End User, 2023-2033
10.2. Domestic
10.3. Commercial
11. Global Reusable Coffee Cup Market Forecast, 2019-2033 (USD Million)
11.1. Global Reusable Coffee Cup Market Size and Market Share
12. Global Reusable Coffee Cup Market, By Material Type, 2019-2023 (USD Million)
12.1. Global Reusable Coffee Cup Market Size and Market Share By Material Type (2019-2026)
12.2. Global Reusable Coffee Cup Market Size and Market Share By Material Type (2027-2033)
13. Global Reusable Coffee Cup Market, By Application, 2019-2023 (USD Million)
13.1. Global Reusable Coffee Cup Market Size and Market Share By Application (2019-2026)
13.2. Global Reusable Coffee Cup Market Size and Market Share By Application (2027-2033)
14. Global Reusable Coffee Cup Market, By Distribution Channel, 2019-2023 (USD Million)
14.1. Global Reusable Coffee Cup Market Size and Market Share By Distribution Channel (2019-2026)
14.2. Global Reusable Coffee Cup Market Size and Market Share By Distribution Channel (2027-2033)
15. Global Reusable Coffee Cup Market, By End User, 2019-2023 (USD Million)
15.1. Global Reusable Coffee Cup Market Size and Market Share By End User (2019-2026)
15.2. Global Reusable Coffee Cup Market Size and Market Share By End User (2027-2033)
16. Global Reusable Coffee Cup Market, By Region, 2019-2023 (USD Million)
16.1. Global Reusable Coffee Cup Market Size and Market Share By Region (2019-2026)
16.2. Global Reusable Coffee Cup Market Size and Market Share By Region (2027-2033)
16.3. Asia-Pacific
16.3.1. Australia
16.3.2. China
16.3.3. India
16.3.4. Japan
16.3.5. South Korea
16.3.6. Rest of Asia-Pacific
16.4. Europe
16.4.1. France
16.4.2. Germany
16.4.3. Italy
16.4.4. Spain
16.4.5. United Kingdom
16.4.6. Rest of Europe
16.5. Middle East and Africa
16.5.1. Kingdom of Saudi Arabia
16.5.2. United Arab Emirates
16.5.3. Rest of Middle East & Africa
16.6. North America
16.6.1. Canada
16.6.2. Mexico
16.6.3. United States
16.7. Latin America
16.7.1. Argentina
16.7.2. Brazil
16.7.3. Rest of Latin America
17. Company Profile17.1. Circular&Co.
17.1.1. Company details
17.1.2. Financial outlook
17.1.3. Product summary
17.1.4. Recent developments
17.2. Ecoffee Cup
17.2.1. Company details
17.2.2. Financial outlook
17.2.3. Product summary
17.2.4. Recent developments
17.3. Frank Green
17.3.1. Company details
17.3.2. Financial outlook
17.3.3. Product summary
17.3.4. Recent developments
17.4. GlobalWAKEcup
17.4.1. Company details
17.4.2. Financial outlook
17.4.3. Product summary
17.4.4. Recent developments
17.5. Joco Cups
17.5.1. Company details
17.5.2. Financial outlook
17.5.3. Product summary
17.5.4. Recent developments
17.6. Keepcup
17.6.1. Company details
17.6.2. Financial outlook
17.6.3. Product summary
17.6.4. Recent developments
17.7. Keurig Green Mountain Inc.
17.7.1. Company details
17.7.2. Financial outlook
17.7.3. Product summary
17.7.4. Recent developments
17.8. Keurig Green Mountain Inc.
17.8.1. Company details
17.8.2. Financial outlook
17.8.3. Product summary
17.8.4. Recent developments
17.9. Klean kanteen
17.9.1. Company details
17.9.2. Financial outlook
17.9.3. Product summary
17.9.4. Recent developments
17.10. Tefai
17.10.1. Company details
17.10.2. Financial outlook
17.10.3. Product summary
17.10.4. Recent developments
17.11. Thermo L.L.C
17.11.1. Company details
17.11.2. Financial outlook
17.11.3. Product summary
17.11.4. Recent developments
17.12. Tread Light Ltd.
17.12.1. Company details
17.12.2. Financial outlook
17.12.3. Product summary
17.12.4. Recent developments
17.13. YETI Coolers LLC.
17.13.1. Company details
17.13.2. Financial outlook
17.13.3. Product summary
17.13.4. Recent developments
18. List of Abbreviations
19. Reference Links
20. Conclusion
21. Research Scope