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Europe Take Away Paper Cup Market Estimated to Reach 64.72 Billion Units By 2027

2022-03-22

According to IMARC Group latest report titled Take Away Paper Cup“ Market in Europe Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on Take Away Paper Cup industry size in Europe. The report also includes competitor and regional analysis, and contemporary advancements in the market. The European Take Away Paper Cup market reached a volume of 56.73 Billion Units in 2021. Looking forward, IMARC Group expects the market to reach 64.72 Billion Units by 2027, exhibiting at a CAGR of 2.07% during 2022-2027.

Take Away Paper Cup is used for consuming food and beverages like coffee, soft drinks, tea, soups, instant noodles, and sweet corn. These cups are durable, lightweight, user-friendly, and biodegradable. As they assist in saving time and eliminating the hassle of cleaning, they are widely used across Europe.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Market Trends:
Hectic schedules and sedentary lifestyles have resulted in the growing on-the-go coffee culture. This, along with the rising awareness among individuals about hygiene, is positively influencing the sales of Take Away Paper Cup in Europe. Apart from this, the ban on plastic cups and the promotion of sustainable and eco-friendly product variants are supporting the growth of the market. Moreover, the expanding business of international coffee outlets is catalyzing the demand for Take Away Paper Cup in the region. Other major factors, including the well-established food and beverage (F&B) industry, rising paper and board production, and the development of recyclable Take Away Paper Cup, are offering lucrative opportunities to market players.

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