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cups & lids

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Bharatbook.com announces a new report on "cups & lids", US demand for cups and lids is projected to reach $10.0 billion in 2018, with growth driven by above average gains for food packaging cups and an improved outlook for foodservice revenue growth relative to the 2008-2013 period. – PowerPoint PPT presentation

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Title: cups & lids


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Cups Lids
One-Stop Shop for Business Information
2
Summary
US cup lid demand to reach 10 billion in
2018 US demand for cups and lids is projected to
reach 10.0 billion in 2018, with growth driven
by above average gains for food packaging cups
and an improved outlook for foodservice revenue
growth relative to the 2008-2013 period. In
particular, cup and lid demand will be propelled
by the important role of beverages in restaurants
and stores as revenue generators, along with the
growing focus on specialty beverages among
foodservice operators as a means of offsetting
declining consumption of carbonated soft
drinks. Packaging cups to be fastest growing
products While drinking cups will continue to
dominate, the fastest gains are anticipated in
the packaging cup segment due to favorable
consumption trends in a number of applications,
along with advantages of convenience,
portability, and portion control.
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The growing pattern of snacking in place of
traditional meals and a widening definition of
snack foods will be advantageous for single
portion packaging formats such as cups. Among
drinking cup materials, paper cups will
experience the fastest growth, reflecting a shift
in the competitive landscape stemming from
environmental concerns about foam cups, growing
restrictions on polystyrene foam disposables,
increasing pressure from environmental groups,
and switches from foam to paper cups by
McDonalds and other high volume foodservice
providers. Recent and/or planned major expansions
in paper cup capacity are being undertaken by key
suppliers to meet the expected upswing in US
foodservice paper cup demand. In addition,
plastic cups will capture some share of hot drink
applications as a result of the commercialization
of recyclable insulated plastic cups.
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Lid demand to outpace cups Lid demand growth will
outpace that of cups, fueled by expanding
carryout food and beverage sales from restaurants
and retail stores, an increasing percentage of
drinking cups utilizing lids, heightened demand
for costlier specialty lids, and healthy
increases for single serving packaging cups, all
of which have some type of lid or flexible
lidding. Growth in the level of drinking cups
with lids will reflect an increasing volume of
beverages purchased for offsite consumption,
consumer tendencies to drink beverages on the go
(e.g., in cars), and a growing focus on coffee in
quick service restaurants, coffee and snack
shops, and convenience stores. Foodservice to
remain dominant market The foodservice market,
which represented 67 percent of demand in 2013,
will remain by far the largest cup and lid
market.
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 Among trends driving growth for cups and lids
are the increased focus on specialty beverage
offerings in quick service and other restaurants,
the growing presence of innovative fountain drink
dispensers that enable custom flavor
combinations, and the popularity of menu items
that use cups, such as ice cream, frozen yogurt,
oatmeal, and fruit cups. Solid gains in the food
and beverage packaging market will be driven by
favorable consumption trends for various products
commonly packaged in cups, such as yogurt, and
coffee and tea for single cup brewing systems. In
addition, the growing prominence of snacks as
alternatives to meals and rising interest in
healthy foods and snack options will support
heightened demand in a variety of applications
that can be packaged in a small sized format such
as a cup.
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Study coverage This Freedonia industry study,
Cups Lids, presents historical demand data for
2003, 2008 and 2013, plus forecasts for 2018 and
2023 by product and market. The study also
considers market environment factors, evaluates
company market share and profiles 35 US industry
competitors.
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Table Of Content
  • EXECUTIVE SUMMARY
  • MARKET ENVIRONMENT
  •  PRODUCTS
  • MARKETS
  • INDUSTRY STRUCTURE

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  • To know more
  • Cups Lids

Contact Us-Call India 91-22-27810772/73 Call
USA/Canada (Toll Free) 1-866-279-8368 Email id
info_at_bharatbook.com
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