Cups and Lids Market Updates

Global Cups and Lids Market size was valued at USD 19.83 Billion in 2023 and is poised to grow from USD 22.09 Billion in 2024 to USD 54.25 Billion by 2032, growing at a CAGR of 11.9% in the forecast period (2025-2032).

The global cups and lids industry is highly competitive, with numerous players adopting various strategies to maintain market leadership, focus on sustainability, and innovate product offerings. Major companies like Berry Global Inc., Huhtamäki Oyj, and Greiner AG dominate the market due to their extensive product portfolios, strong manufacturing capabilities, and commitment to eco-friendly solutions. These industry giants are increasingly focusing on sustainable product development, with Huhtamäki leading the charge with biodegradable cups and lids launched in 2024, responding to the growing demand for environmentally friendly packaging. 'Huhtamäki Oyj', 'BioPak Pty Ltd.', 'Greiner AG', 'Berry Global Inc.', 'WinCup Inc.', 'Graphic Packaging International Inc.', 'Reynolds Consumer Products', 'Eco-Products Europe', 'Dart Container Corporation', 'Chengdu Anbao Paper Products Co. Ltd.', 'Printpack Inc.', 'Solo Cup Operating Corporation'

The growing pace of urban life and consumer preference for convenience have significantly boosted the demand for takeaway beverages. This lifestyle trend, especially prominent among working professionals and younger consumers, continues to fuel sales of disposable cups and lids. In 2024, Starbucks reported a 14% rise in mobile orders globally, leading to increased consumption of to-go beverage packaging. The expansion of quick-service restaurants (QSRs), convenience stores, and delivery platforms like Uber Eats and DoorDash has further accelerated this cups and lids market trend. Secure, spill-proof lids and sturdy cup structures are now essential not just for hot drinks but also for cold beverages and blended options.

Rise of Reusable and Returnable Cup Programs: To reduce reliance on disposables, major foodservice brands are piloting reusable cup initiatives. In 2024, McDonald’s UK partnered with Loop, a circular packaging company, to roll out a reusable cup system in select locations. Customers pay a deposit for the reusable cup and can return it at kiosks for cleaning and reuse. This model is also being tested by other chains like Costa Coffee and Pret a Manger, as part of their long-term sustainability strategies. These initiatives are gaining traction in environmentally aware regions and among Gen Z consumers.

How Is the Cups and Lids Market Evolving in North America?