Market Share of GCC Paper Cup Industry
The market is semiconsolidated, with few major players such as Huhtamaki Group, HotpackPackaging Industries LLC, and more. Companies focus on innovations as part of their business expansion and towards recyclability.
In November 2022, HotpackGlobal opened a manufacturing facility in Qatar. The cutting-edge manufacturing facility is a specialized factory that will create a wide range of Hotpack'spaper products, including folding and corrugated cartons, paper bags, and cups. It is situated in Doha's new industrial region.
In September 2022, Huhtamaki and Stora Enso launched a paper cup recycling initiative. The Cup Collective program aims to recycle used paper cups on an industrial scale and provide consumers and businesses convenient access to used paper cups, which can then be renewed into valuable recycled raw material.
GCC Paper Cup Market Leaders
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ENPI Group
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Huhtamaki OYJ
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Gulf East Paper & Plastic Industries LLC
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Golden Paper Cups Manufacturing LLC
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Maimoon Papers Industry LLC
*Disclaimer: Major Players sorted in no particular order
