Growth in the global market for cups and lids will average 5.2% annually through 2019], exceeding $30 billion. Gains will be driven by the continued expansion of the food processing and foodservice industries in China and other developing nations. While the quick service restaurant (QSR) segment is fairly mature in the large US market, it continues to register strong advances in South America, Asia, and Africa.
This report segments the global cups and lids industry by product, materials, and markets. Data is provided in US dollars.
Due to their use in food processing, other cups will remain the largest product segment through 2019, accounting for nearly half of demand. However, faster growth is expected for the much smaller lids segment, driven by patrons’ more frequent use of drive-through and carryout services, as well as greater use of value-added lids, such as those that allow for greater product visibility for frozen treats and specialty coffees.
Major materials include:
Plastic products accounted for about two-thirds of demand in 2014. It will also be the fastest growing material type through 2019, although the differences in growth between the categories is not significant. Plastic’s growth will be attributable in part to its growing use in specialty lids.
Among the key markets are:
Food & Beverage Packaging
Food and beverage packaging was the largest market in 2014. Going forward, the foodservice market will see the above average advances, benefiting from the continued expansion of QSR outlets in developing regions.
World regions and countries covered in the study include:
North America (US, Canada, Mexico)
Western Europe (France, Germany, Italy, Netherlands, Spain, UK)
Asia/Pacific (Australia, China, India, Indonesia, Japan, South Korea, Taiwan)
Central & South America (Brazil)
Eastern Europe (Russia)
The Asia/Pacific region will see the strongest advances among world regions through 2019, due to continued growth in China, which has already become home to a significant QSR industry. Growth in the large US market will be sustained by continued growth in the specialty coffee segment of the foodservice market.
The report also discusses market share information. The global cup and lid industry is fragmented. Most industry participants are small, and serve local or regional customer bases. However, some major multinational companies are active in the global cup and lid market. Among the suppliers of cups and lids are Bemis, Berry Plastics Dart Container, Fabri-Kal, Genpak (Jim Pattison Group), Georgia-Pacific (Koch Industries), Grupo Phoenix, Huhtamaki, International Paper, New WinCup, Reynolds Group, and Waddington Group. China has become one of the largest outlets for cups and lids, but the industry there is very fragmented.