Global Recyclable Cups Market Set to Reach USD 974.2 Million by 2034, Driven by Growing Sustainability Efforts | Future Market Insights, Inc. [Yahoo! Finance]
Karat Packaging Inc. (KRT)
Company Research
Source: Yahoo! Finance
This trend, supported by governmental regulations, is fostering a growing preference for eco-friendly packaging solutions, including paper cups with biodegradable coatings. Innovations such as PHA (polyhydroxyalkanoate)-coated cups align with this shift, offering a more sustainable alternative without compromising performance. NEWARK, Del, Nov. 13, 2024 (GLOBE NEWSWIRE) -- The global recyclable cups market is poised for significant growth, with an estimated value of USD 578 million in 2024. The market is expected to expand at a CAGR of 5.3% , reaching USD 974.2 million by 2034. This growth is largely driven by the increasing global focus on sustainability and the efforts of businesses, particularly within the food and beverage sector, to reduce their carbon footprint. As sustainability becomes a key priority for businesses worldwide, companies are increasingly adopting recyclable cups to not only reduce their environmental impact but also enhance their brand image. These eco-frien
Show less
Read more
Impact Snapshot
Event Time:
KRT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
KRT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
KRT alerts
High impacting Karat Packaging Inc. news events
Weekly update
A roundup of the hottest topics
KRT
News
- Karat Packaging Inc. (NASDAQ: KRT) had its price target raised by analysts at Stifel Nicolaus from $32.00 to $36.00. They now have a "buy" rating on the stock.MarketBeat
- Two Reasons to Watch KRT and One to Stay Cautious [Yahoo! Finance]Yahoo! Finance
- Karat Packaging's (NASDAQ:KRT) Conservative Accounting Might Explain Soft Earnings [Yahoo! Finance]Yahoo! Finance
- Q3 Earnings Highs And Lows: Karat Packaging (NASDAQ:KRT) Vs The Rest Of The Specialty Equipment Distributors Stocks [Yahoo! Finance]Yahoo! Finance
- Karat Packaging Inc (KRT) Q3 2024 Earnings Call Highlights: Strong Sales Growth and Ecofriendly ... [Yahoo! Finance]Yahoo! Finance
KRT
Earnings
- 11/7/24 - Miss
KRT
Analyst Actions
- 12/11/24 - Stifel
KRT
Sec Filings
- 11/20/24 - Form 4
- 11/8/24 - Form 10-Q
- 11/7/24 - Form 8-K
- KRT's page on the SEC website