Cupcake liners, also known as muffin liners are papers used to contain batter poured into muffin tins. It is made of paper or foil, and are usually corrugated and sometimes decorative. The major types of material used for manufacturing cupcake liners are glasine and paper. The manufacturers of cupcake liners use biodegradable form of plastic in order to reduce the environmental impact of plastic waste on nature. Cupcake liners also possess advantage of being molded to any size and giving an attractive look to the product owing to the use of glassine and paper.
MARKET SCOPE
The "Global Cupcake Liners Market Analysis to 2028" is a specialized and in-depth study of the consumer goods industry with a special focus on the global market trend analysis. The report aims to provide an overview of the cupcake liners market with detailed market segmentation by material, packaging format, end use industry, and geography. The report provides key statistics on the market status of the leading cupcake liners market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on material type, the global cupcake liners market is segmented into paper, glassine, and others.
- Based on end user industry, the global cupcake liners market is segmented into food processors, independent bakeries, household, and others.
MARKET DYNAMICS
Drivers
- Increasing demand for cupcakes as a convenience food has increased the demand for cupcake liners
- Increase in demand for hygienic packaging,
- The compact size and ease of production aids the market growth.
- Rising R&D activities drive the cupcake liners market.
Restraints
- Relatively high price of the material.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The cupcake liners market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the cupcake liners market in these regions.
IMPACT OF COVID-19 ON cupcake liners MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The consumer goods industry is one of the major industries suffering serious disruptions, such as supply chain breaks, technology events cancellations, and office shutdowns, as a result of this pandemic. The shutdown of various plants and factories in leading regions such as North America, Europe, Asia Pacific, South America, and the Middle East & Africa has affected the global supply chain and negatively impacted the manufacturing, delivery schedules, and sales of various goods. Furthermore, various companies have already announced possible delays in product deliveries and slump in future sales of their products.
MARKET PLAYERS
The report covers key developments in the cupcake liners market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from cupcake liners market are anticipated to witness lucrative growth opportunities in the future with the rising demand for cupcake liners in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the cupcake liners market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Novacart USA
- Rockline Industries
- Dress My Cupcake
- Sweets & Treats Boutique
- Temmashiki Co., Ltd
- Sun America, LLC
- Yiwu Ju Ang Craft Co., Ltd
- Hangzhou Hony Technology Co., Ltd
- Zhejiang Junwang Paper Product Co., Ltd
- Foshan Yuguitang Gifts Packing Co., Ltd.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.