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(EstateNewsWire.com, February 07, 2017 ) According to Publisher, the Global Cups and Lids Packaging market is estimated to be $20.89 billion in 2015 and is projected to grow at a Compound Annual Growth Rate (CAGR) of 11.1% to reach $43.82 billion by 2022. Growth will be fueled by the significant role of beverages as revenue generators for restaurants, coupled with the increasing focus on specialty beverages among foodservice vendors. The growing incidence of snacking in place of conventional meals will be beneficial for single portion packaging formats such as cups.
Packaging cup segment will experience fast growth due to ease and portability. There has also been wider use of clear plastic cups, which allow for greater visibility of the beverage. Lid growth is fueled by growing percentage of drinking cups using lids and increased demand for costlier specialty lids. The fastest growth rates are expected in emerging nations of Asia Pacific. In contrast, market saturation in developed nations will moderate overall growth.
For more information at http://www.reportsweb.com/cups-and-lids-packaging-global-market-outlook-2016-2022 .
The key players in the Cups and Lids Packaging market include, Clondalkin Group, Holdings BV, Reynolds Group Holdings Limited, Bemis Company Incorporated, Winpak, International Paper Company, Greiner Holding AG, Printpack Incorporated, Genpak and Airlite Plastics Company.
Materials Covered - Plastic o Polystyrene o Polypropylene o Polyethylene - Paperboard - Foil - Metal Product Types Covered: - Cups o Drinking Cups o Packaging Cups o Food Cups o Portion Cups - Lids o Flexible Lids - Other Product Types Applications Covered: - Hot Beverages - Soft Drinks
Request Sample Copy: http://www.reportsweb.com/inquiry&RW0001583425/sample .
Regions Covered: - North America o US o Canada o Mexico - Europe o Germany o France o Italy o UK o Spain o Rest of Europe - Asia Pacific o Japan o China o India o Australia o New Zealand o Rest of Asia Pacific - Rest of the World o Middle East o Brazil o Argentina o South Africa o Egypt
Make an enquiry: http://www.reportsweb.com/inquiry&RW0001583425/buying .
ReportsWeb.com
Priya Sisodia
+1-646-491-9876
sales@reportsweb.com
Source: EmailWire.Com
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