The changing customer preference from normal to innovative cup sleeves also results in rising customized cup sleeves. This attracts more customers and hence uplifts the growth of the Global Cup Sleeves Market.
According to MarkNtel Advisors study, The Global Cup Sleeves Market size was valued at around USD 30.3 billion in 2023 & is estimated to grow at a CAGR of around 4.2% during the forecast period, i.e., 2024-30.
The growing economy gives hype in changing lifestyles, such as busier schedules, and reliance on online delivery & takeaway orders, especially for on-the-go beverages. Here, cup sleeves play an important role in this changing trend. Owing to its insulating capacity, cup sleeves are mostly used in takeaway orders. Also, cup sleeves allow customers to conveniently travel with beverages. This led to flourishing the requirement for cup sleeves and hence driving the growth & expansion of the Cup Sleeves Industry.
✅In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2025 to 2030, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.
Download Free Sample Copy @ https://www.marknteladvisors.com/query/request-sample/cup-sleeves-market.html
Key Findings in Cup Sleeves Market:
Historical Years |
2019-2022 |
Base Years |
2023 |
Forecast Years |
2024-2030 |
Key Report Highlights |
· Market Dimensions & Projections
· Pricing Evaluation, · Recent Strategic Moves by Companies, · Primary Stakeholders, · Analysis of Import and Export Trends, · Competitive Landscape Assessment, · Emerging Opportunities, · Market Trends and Indicators |
Reports Delivery Format
|
Market research studies from MarkNtel Advisors are offered in PDF, Excel and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address. |
Cup Sleeves Market Key Players:
BriteVision Media, LLC, Printed Cup Company, Graphic Packaging International, LLC, Trident Paper Box Industries, LBP Manufacturing, LLC, Sabert Corporation, Novolex, HotShot Coffee Sleeves USA, BioPak, Ganesha PrintoPack Industries, Pactiv LLC, Starbucks Corporation, New WinCup Holdings, Inc, WestRock Company, Anchor Packaging, and others
Market Segmentation Overview:
By Product Type
-Shrink Sleeve
-Protective Sleeve
By Material
-Paper & Paperboard
-Plastic
-Rubber
-Others
The paper & paperboard segment holds the largest market share and is expected to hold the highest demand in forthcoming years. The reason behind this is the increasing concern towards the betterment of the environment. This inclination toward an eco-friendly environment results in prioritizing paper cup sleeves over plastic and other material cup sleeves and hence increases the demand for paper cup sleeves. Moreover, various government initiatives and regulations for reducing carbon emissions, also give a push to leading market players to manufacture paperboard cup sleeves. These cups can easily be recyclable and facilitate reduced carbon footprints thus, augmenting the revenue growth of this segment
By Distribution Channel
-Offline
–Direct Sales
–Distributors and Wholesalers
-Online Retail
By End User
-Food & Beverage Industry
-Cafes & Kiosks
-Hotels & Restaurants
-Quick-Service Restaurants
-Canteens
-Others
Read Full Report @ https://www.marknteladvisors.com/research-library/cup-sleeves-market.html
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
The Cup Sleeves Industry Recent Development:
In 2024: Novolex announced a strategic investment in Rhode Island-based reusable system and container brand OZZI. This provides a circular solution for the food industry and accelerates the growth of the environment.
About MarkNtel Advisors:
MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.
We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.
Being one of the most efficient market research companies in India, our specialized team of experienced & efficient market research professionals is capable of grasping every minute and valuable information & data of the market to offer our clients with satisfactory details. Our company has served the biggest market research firms in India at leading positions and is proficient in managing all types of market research projects.
Have an Any Query,
Call Us – US Office: +1 628 895 8081
Email – sales@marknteladvisors.com
Address Sales Office: 564 Prospect St, B9, New Haven, Connecticut, USA-06511
Address Corporate Office: Office No.109, H-159, Sector 63, Noida, Uttar Pradesh-201301, India
More Stories
Mastering Estimation Services: Your Guide to Accurate Project Planning
Triple A Construction Company: AAA NY Contracting Corp
What to Look for When Hiring a Heating and Cooling Company?