Global Disposable Lids Market Size study, by Material (Paper, Plastics, Others) by Product (Fully Closed, Directly Drinkable, Indirectly Drinkable) by Application (Cups, Trays, Containers, Tumblers, Buckets & Tubs, Bowls) by Distribution (Offline, Online)

Global Disposable Lids Market Size study, by Material (Paper, Plastics, Others) by Product (Fully Closed, Directly Drinkable, Indirectly Drinkable) by Application (Cups, Trays, Containers, Tumblers, Buckets & Tubs, Bowls) by Distribution (Offline, Online) by End Use Industries (Online Food Retail, Household, Institutional Foodservice Outlets) and Regional Forecasts 2022-2028Global Disposable Lids Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. Disposable Lids are placed on the rim of a drinking cup. Lids features a cover portion, drinking access port and a condiment opening, a rim portion for placement of lid. Disposable Lids are widely used in fast food and beverage outlets to serve drinks to the customers. Growing food & beverages industry and rising focus towards recyclable products are key drivers for the growth of Disposable Lids market. For instance, in March 2021, Jubilant FoodWorks (JFL) has partnered with PLK APAC Pte Ltd (a subsidiary of Restaurant Brands International Inc (RBI)) to launch American multinational chain of fried chicken fast food restaurants 'Popeyes'to India. Apart from India, Jubilant Food works would also operate Popeyes restaurants in other Asian countries like Bangladesh, Nepal, and Bhutan in the coming years. Also, In December 2021, Berry Global, US based global manufacturer and marketer of plastic packaging products launched new closure (Lid) for sauces. The closure is manufactured 100% in polypropylene (PP). Also, with the increasing demand from end use industries and increasing penetration of online food delivery segment in emerging economies, the adoption & demand for Disposable Lids is likely to increase the market growth during the forecast period. However, high cost of research and development and negative impact of covid 19 pandemic on end use industries impede the growth of the market over the forecast period of 2022-2028.

The key regions considered for the Global Disposable Lids Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region across the world in terms of market share owing to presence of leading players and growing fast food & beverages industry in the region. Whereas, Asia-Pacific is anticipated to exhibit highest growth rate over the forecast period 2022-2028. Factors such as growing food and beverages industry would create lucrative growth prospects for the Disposable Lids market across Asia-Pacific region.

Major market player included in this report are:
Huhtamaki Group,
Genpak, LLC,
Berry Global,
Greiner Packaging International GmbH,
Cambro,
Dart Container Corporation,
Carlisle FoodService Products,
Pactiv LLC,
G.E.T. Enterprises, LLC
Medac S.r.l.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Material:
Plastic
Paper
Others
By Product:
Fully closed
Directly drinkable
Indirectly drinkable
By Application:
Cups
Trays
Containers
Tumblers
Buckets & Tubs
Bowls
By Distribution:
Offline
Online
By End Use Industries:
Online Food Retail
Household
Institutional
Foodservice Outlets
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Disposable Lids Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

Huhtamaki Group,
Genpak, LLC,
Berry Global,
Greiner Packaging International GmbH,
Cambro,
Dart Container Corporation,
Carlisle FoodService Products,
Pactiv LLC,
G.E.T. Enterprises, LLC
Medac S.r.l.