Market Share of Europe Biodegradable Cups Industry
The European biodegradable cups market is moderate, with market incumbents, such as Genpak LLC, Pactiv LLC, BVO International GmbH, Huhtamaki Group, among others, operating in the market. Sustainable competitive advantage can be gained through innovation in design, technology, and application. The market incumbents have been identified to adopt moderate competitive strategies, by partnerships activities, emphasis on R&D, and innovative activities. However, there are many new players that are expanding in the region and might make the market fragmented through the forecast period.
- March 2021 - Luxembourg-based company Capsul'in Pro launched its Zero Impact Nespresso-compatible coffee capsule, that is 100% biobased, certified home compostable and with a high oxygen barrier that protects the flavour and aroma of the coffee. The Zero Impact capsule is completely plant-based and does not contain materials derived from fossil fuels. After use, the capsule can be put in a home compost bin or collected with organic waste.
- November 2020 - East Yorkshire printing and marketing business Just Peel announced that it is planning to launch a range of disposable pint and half pint standardised paper cups for the drinks industry supported by funding from HSBC UK. The company used a six-figure funding package from the bank to purchase specialist machinery to produce fully brandable, PE and PLA plastic free, CE-marked pint and half-pint paper cups.
Europe Biodegradable Cups Market Leaders
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Genpak LLC
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Pactiv LLC
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BVO International GmbH
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Huhtamaki Group
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Go-Pak Limited
*Disclaimer: Major Players sorted in no particular order
