Global Cups and Lids Packaging Market Analysis and Forecast by 2022 - Orbis Research

According to Stratistics MRC, the Global Cups and Lids Packaging market is estimated to be $20.89 billion in 2015 and is projected to grow at a Compound Annual Growth Rate (CAGR) of 11.1% to reach $43.82 billion by 2022. Growth will be fueled by the significant role of beverages as revenue generators for restaurants, coupled with the increasing focus on specialty beverages among foodservice vendors. The growing incidence of snacking in place of conventional meals will be beneficial for single portion packaging formats such as cups.

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Packaging cup segment will experience fast growth due to ease and portability.

There has also been wider use of clear plastic cups, which allow for greater visibility of the beverage. Lid growth is fueled by growing percentage of drinking cups using lids and increased demand for costlier specialty lids. The fastest growth rates are expected in emerging nations of Asia Pacific. In contrast, market saturation in developed nations will moderate overall growth.

The key players in the Cups and Lids Packaging market include, Clondalkin Group, Holdings BV, Reynolds Group Holdings Limited, Bemis Company Incorporated, Winpak, International Paper Company, Greiner Holding AG, Printpack Incorporated, Genpak and Airlite Plastics Company.

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Materials Covered:
Plastic
Polystyrene
Polypropylene
Polyethylene
Paperboard
Foil
Metal

Product Types Covered:
Cups
Drinking Cups
Packaging Cups
Food Cups
Portion Cups
Lids
Flexible Lids
Other Product Types

Applications Covered:
Hot Beverages
Soft Drinks

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Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
France
Italy
UK
Spain
Rest of Europe
Asia Pacific
Japan
China
India
Australia
New Zealand
Rest of Asia Pacific
Rest of the World
Middle East
Brazil
Argentina
South Africa
Egypt

What our report offers:
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