Global Cup Sleeves Market Size – By Material (Paperboard/ Cardboard, Plastic, Foam, Rubber and Others), By Product Type (Shrink Sleeve and Protective Sleeve), By End-use (Food & Beverage Industry, Hotels & Restaurants, Cafes & Kiosks, Quick-Service Restaurants and Canteens) & Region – Global Forecasts 2024 - 2034
- PUBLISHED ON
- 2024-09-06
- NO OF PAGES
- 260
- CATEGORY
- Packaging
Market Overview
The Cup Sleeves market is predicted to develop at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2034, when it is projected to reach USD 47,586.69 Million in 2034, based on an average growth pattern. The market is estimated to reach a value of USD 32,783.74 Million in 2024.
SOURCE: We Market Research
The Global Cup
Sleeves Market refers to the worldwide industry involved in the production,
distribution, and sale of cup sleeves, which are insulating materials used to
cover disposable cups to protect users from heat. These sleeves are primarily
used for hot beverages such as coffee or tea, and they provide a buffer between
the hand and the hot cup, preventing burns while maintaining the drink's
temperature.
The global cup
sleeves market is expected to grow, driven by increasing consumer demand for
hot beverages and the emphasis on sustainability. Biodegradable and recyclable
materials are expected to dominate future innovations. Additionally, regions
like the Asia-Pacific are projected to offer significant growth opportunities
due to expanding urban populations and the proliferation of coffeehouse
culture.
Market Scope
|
Report Attributes |
Description |
|
Market Size in 2024 |
USD 32,783.74 Million |
|
Market
Forecast in 2034 |
USD 47,586.69
Million |
|
CAGR % 2024-2034 |
4.2% |
|
Base
Year |
2023 |
|
Historic Data |
2016-2022 |
|
Forecast
Period |
2024-2034 |
|
Report USP
|
Production,
Consumption, company share, company heatmap, company production capacity,
growth factors and more |
|
Segments
Covered |
By Product
Type, By Material, By End-use and By Region |
|
Regional Scope |
North America,
Europe, APAC, South America and Middle East and Africa |
|
Country
Scope |
U.S.; Canada;
U.K.; Germany; France; Italy; Spain; Benelux; Nordic Countries; Russia;
China; India; Japan; South Korea; Australia; Indonesia; Thailand; Mexico;
Brazil; Argentina; Saudi Arabia; UAE; Egypt; South Africa; Nigeria |
Cup Sleeves Industry:
Dynamics & Restrains
Market opportunity:
We Market
Research: Cup Sleeves Dashboard
Our marketing platform offers a comprehensive dashboard that provides clients with valuable insights into market trends over the years. Included below is a sample image of our dashboard, and specific PDF logins will be furnished to grant access to this insightful tool.
Cup Sleeves Segmentation
Market- By Material Analysis
By Material, the Cup Sleeves market is categories into Paperboard/ Cardboard, Plastic, Foam, Rubber and Others. Paperboard/ Cardboard segments dominate the market with the largest share, accounting for over 65% of the market in 2023. Paperboard/cardboard is the most widely used material for cup sleeves due to its eco-friendliness, biodegradability, recyclability, and cost-effectiveness. It is preferred by companies and consumers alike for its ability to insulate drinks while aligning with sustainability goals. Increasing demand for recyclable and compostable products in response to environmental concerns has further boosted this segment's dominance. The rising trend toward eco-conscious packaging, stringent environmental regulations in regions like Europe and North America, and the shift away from plastic contribute to its high market share.
The
following segments are part of an in-depth analysis of the global Cup Sleeves
market:
|
Market Segments |
|
|
By Material |
·
Paperboard/ Cardboard ·
Plastic ·
Foam ·
Rubber ·
Others |
|
By Product
Type |
·
Shrink Sleeve ·
Protective Sleeve |
|
By End-use |
·
Food & Beverage Industry ·
Hotels & Restaurants ·
Cafes & Kiosks ·
Quick-Service Restaurants ·
Canteens |
Cup Sleeves Industry: Regional Analysis
North America Market Forecast
North America
dominates the global Cup Sleeves market, accounting for around 37% of the
market share in 2023. North America, particularly the United States and Canada,
is the largest market for cup sleeves. This dominance is driven by the high
consumption of coffee and other hot beverages, the presence of major global
coffee chains (e.g., Starbucks, Dunkin' Donuts), and strong consumer demand for
convenience products. Additionally, increasing awareness about sustainability
and a preference for eco-friendly packaging have boosted the use of
paperboard/cardboard cup sleeves.
Europe Market Statistics
Europe is the
second-largest market, driven by high consumption of coffee and tea and a
growing focus on sustainability and eco-friendly packaging. Countries like
Germany, the UK, and France have adopted strict regulations on single-use
plastics and non-recyclable materials, leading to higher demand for
biodegradable or recyclable cup sleeves, particularly paperboard/cardboard. The
European market is heavily influenced by government regulations aimed at
reducing plastic waste and promoting circular economies. There is a growing
trend toward reusable cup systems and eco-friendly disposable products in
cafés, restaurants, and fast-food chains.
Asia Pacific Market Forecasts
The Asia-Pacific
region is experiencing rapid growth in the cup sleeves market, fueled by
urbanization, a booming middle class, and a rising coffee culture, particularly
in countries like China, Japan, South Korea, and India. As disposable incomes
increase, so does the demand for takeaway beverages, leading to higher
consumption of cup sleeves. The proliferation of international coffee chains
such as Starbucks and Costa Coffee in major Asian cities has contributed to
market growth. However, the market in this region still has a mix of plastic
and paperboard cup sleeves, with sustainability concerns beginning to gain
momentum, particularly in Japan and South Korea, where environmental
regulations are tightening.
Middle East & Africa Market Statistics
The MEA region is a smaller but growing market for cup sleeves, driven by the increasing presence of international coffee chains and the rise of café culture in urban areas. Countries like the UAE, Saudi Arabia, and South Africa are seeing increased demand for disposable coffee cups and sleeves as more international chains expand in the region.
Key Market Players
The Cup Sleeves Market is dominated by a few large
companies, such as
·
Printed Cup Company
·
Trident Paper Box Industries
·
Graphic Packaging International,
LLC
·
BriteVision Media, LLC
·
HotShot Coffee Sleeves USA
·
LBP Manufacturing LLC
·
Pactiv LLC
·
Novolex
·
Sabert Corporation
·
Starbucks Corporation
·
Other
1.
Global
Cup Sleeves Market Introduction and Market Overview
1.1. Objectives of the Study
1.2. Global Cup Sleeves Market Scope
and Market Estimation
1.2.1. Global Cup Sleeves Overall
Market Size (US$ Bn) and Volume (Units), Market CAGR (%), Market forecast (2024
- 2034)
1.2.2. Global Cup Sleeves Market
Revenue Share (%) and Volume Share (%) and Growth Rate (Y-o-Y) from 2019 - 2034
1.3. Market Segmentation
1.3.1. Material of Global Cup Sleeves
Market
1.3.2. Product Type of Global Cup
Sleeves Market
1.3.3. End-use of Global Cup Sleeves
Market
1.3.4. Region of Global Cup Sleeves
Market
2.
Executive Summary
2.1. Demand Side Trends
2.2. Key Market Trends
2.3. Market Demand (US$ Bn) Analysis
2019 – 2023 and Forecast, 2024 – 2034
2.4. Demand and Opportunity
Assessment
2.5. Market Dynamics
2.5.1. Drivers
2.5.2. Limitations
2.5.3. Opportunities
2.5.4. Impact Analysis of Drivers and
Restraints
2.6. Pricing Trends Analysis &
Average Selling Prices (ASPs)
2.7. Cost Tear Down Analysis
2.8. Key Developments
2.9. Porter’s Five Forces Analysis
2.9.1. Bargaining Power of Suppliers
2.9.2. Bargaining Power of Buyers
2.9.3. Threat of Substitutes
2.9.4. Threat of New Entrants
2.9.5. Competitive Rivalry
2.10. PEST Analysis
2.10.1. Political Factors
2.10.2. Economic Factors
2.10.3. Social Factors
2.10.4. Technology Factors
2.11. Value Chain / Ecosystem Analysis
2.12. Key Regulation
2.13. Production Process Overview
3.
Global Cup Sleeves Market Estimates & Historical Trend Analysis (2019 - 2023)
4.
Global Cup Sleeves Market Estimates & Forecast Trend Analysis, by
Material
4.1. Global Cup Sleeves Market
Revenue (US$ Bn) and Volume (Units) Estimates and Forecasts, by Material, 2019
- 2034
4.1.1. Paperboard/ Cardboard
4.1.2. Plastic
4.1.3. Foam
4.1.4. Rubber
4.1.5. Others
5.
Global Cup Sleeves Market Estimates & Forecast Trend Analysis, by
Product Type
5.1. Global Cup Sleeves Market
Revenue (US$ Bn) and Volume (Units) Estimates and Forecasts, by Product Type, 2019
- 2034
5.1.1. Shrink Sleeve
5.1.2. Protective Sleeve
6.
Global Cup Sleeves Market Estimates & Forecast Trend Analysis, by
End-use
6.1. Global Cup Sleeves Market
Revenue (US$ Bn) and Volume (Units) Estimates and Forecasts, by End-use, 2019 -
2034
6.1.1. Food & Beverage Industry
6.1.2. Hotels & Restaurants
6.1.3. Cafes & Kiosks
6.1.4. Quick-Service Restaurants
6.1.5. Canteens
7.
Global Cup Sleeves Market Estimates & Forecast Trend Analysis,
by Region
7.1. Global Cup Sleeves Market
Revenue (US$ Bn) and Volume (Units) Estimates and Forecasts, by Region, 2019 -
2034
7.1.1. North America
7.1.2. Western Europe
7.1.3. Eastern Europe
7.1.4. Asia Pacific
7.1.5. Middle East & Africa
7.1.6. Latin America
8.
North
America Cup Sleeves Market: Estimates & Forecast Trend Analysis
8.1.
North
America Cup Sleeves Market Assessments & Key Findings
8.1.1. North America Cup Sleeves Market
Introduction
8.1.2. North America Cup Sleeves Market
Size & Volume Estimates and Forecast (US$ Billion & Units) (2019 - 2034)
8.1.2.1. By Material
8.1.2.2. By Product Type
8.1.2.3. By End-use
8.1.2.4. By Country
8.1.2.4.1. The U.S.
8.1.2.4.2. Canada
8.1.2.4.3. Mexico
9.
Western
Europe Cup Sleeves Market: Estimates & Forecast Trend Analysis
9.1. Western Europe Cup Sleeves
Market Assessments & Key Findings
9.1.1. Western Europe Cup Sleeves
Market Introduction
9.1.2. Western Europe Cup Sleeves
Market Size & Volume Estimates and Forecast (US$ Billion & Units) (2019
- 2034)
9.1.2.1. By Material
9.1.2.2. By Product Type
9.1.2.3. By End-use
9.1.2.4.
By
Country
9.1.2.4.1.
Germany
9.1.2.4.2.
Italy
9.1.2.4.3.
U.K.
9.1.2.4.4.
France
9.1.2.4.5.
Spain
9.1.2.4.6.
Benelux
9.1.2.4.7.
Nordics
9.1.2.4.8. Rest
of W. Europe
10. Eastern Europe Cup
Sleeves Market: Estimates &
Forecast Trend Analysis
10.1. Eastern Europe Cup Sleeves
Market Assessments & Key Findings
10.1.1. Eastern Europe Cup Sleeves
Market Introduction
10.1.2. Eastern Europe Cup Sleeves
Market Size & Volume Estimates and Forecast (US$ Billion & Units) (2019
- 2034)
10.1.2.1. By Material
10.1.2.2. By Product Type
10.1.2.3. By End-use
10.1.2.4. By Country
10.1.2.4.1.
Russia
10.1.2.4.2.
Hungary
10.1.2.4.3.
Poland
10.1.2.4.4.
Balkan & Baltics
10.1.2.4.5. Rest of E. Europe
11. Asia Pacific Cup
Sleeves Market: Estimates &
Forecast Trend Analysis
11.1. Asia Pacific Market Assessments
& Key Findings
11.1.1. Asia Pacific Cup Sleeves Market
Introduction
11.1.2. Asia Pacific Cup Sleeves Market
Size & Volume Estimates and Forecast (US$ Billion & Units) (2019 - 2034)
11.1.2.1. By Material
11.1.2.2. By Product Type
11.1.2.3. By End-use
11.1.2.4. By Country
11.1.2.4.1. China
11.1.2.4.2. Japan
11.1.2.4.3. India
11.1.2.4.4. Australia & New Zealand
11.1.2.4.5. South Korea
11.1.2.4.6. ASEAN
11.1.2.4.7. Rest of Asia Pacific
12. Middle East & Africa Cup
Sleeves Market: Estimates & Forecast
Trend Analysis
12.1. Middle East & Africa Market
Assessments & Key Findings
12.1.1. Middle
East & Africa Cup
Sleeves Market Introduction
12.1.2. Middle
East & Africa Cup
Sleeves Market Size & Volume Estimates and Forecast (US$ Billion & Units)
(2019 - 2034)
12.1.2.1. By Material
12.1.2.2. By Product Type
12.1.2.3. By End-use
12.1.2.4. By Country
12.1.2.4.1. UAE
12.1.2.4.2. Saudi
Arabia
12.1.2.4.3. Turkey
12.1.2.4.4. South
Africa
12.1.2.4.5. Rest of
MEA
13. Latin America
Cup Sleeves Market: Estimates &
Forecast Trend Analysis
13.1. Latin America Market Assessments
& Key Findings
13.1.1. Latin America Cup Sleeves Market
Introduction
13.1.2. Latin America Cup Sleeves Market
Size & Volume Estimates and Forecast (US$ Billion & Units) (2019 - 2034)
13.1.2.1. By Material
13.1.2.2. By Product Type
13.1.2.3. By End-use
13.1.2.4. By Country
13.1.2.4.1. Brazil
13.1.2.4.2. Argentina
13.1.2.4.3. Colombia
13.1.2.4.4. Rest of
LATAM
14. Country Wise Market: Introduction
15. Competition Landscape
15.1. Global Cup Sleeves Market Product
Mapping
15.2. Global Cup Sleeves Market
Concentration Analysis, by Leading Players / Innovators / Emerging Players /
New Entrants
15.3. Global Cup Sleeves Market Tier
Structure Analysis
15.4. Global Cup Sleeves Market
Concentration & Company Market Shares (%) Analysis, 2023
16. Company Profiles
16.1. Printed Cup
Company
16.1.1. Company Overview & Key Stats
16.1.2. Financial Performance & KPIs
16.1.3. Product Portfolio
16.1.4. SWOT Analysis
16.1.5. Business Strategy & Recent
Developments
* Similar details would be provided
for all the players mentioned below
16.2. Trident Paper
Box Industries
16.3. Graphic
Packaging International, LLC
16.4. BriteVision
Media, LLC
16.5. HotShot Coffee
Sleeves USA
16.6. LBP
Manufacturing LLC
16.7. Pactiv LLC
16.8. Novolex
16.9. Sabert
Corporation
16.10. Starbucks
Corporation
16.11. Others
17. Research
Methodology
17.1. External Transportations /
Databases
17.2. Internal Proprietary Database
17.3. Primary Research
17.4. Secondary Research
17.5. Assumptions
17.6. Limitations
17.7. Report FAQs
18. Research
Findings & Conclusion
Quality Assurance Process
- We Market Research’s Quality Assurance program strives to deliver superior value to our clients.
We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.
Market Research Process
We Market Research monitors 3 important attributes during the QA process- Cost, Schedule & Quality. We believe them as a critical benchmark in achieving a project’s success.
To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
- Project kickoff meeting with client
- Conduct frequent client communications
- Form project steering committee
- Assign a senior SR executive as QA Executive
- Conduct internal editorial & quality reviews of project deliverables
- Certify project staff in SR methodologies & standards
- Monitor client satisfaction
- Monitor realized value post-project
Case Study- Automotive Sector
One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).
Solution
The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research
The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.
Market Estimates and Forecast
In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.
Case Study- ICT Sector
Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.
Business Solution
An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.
Conclusion
The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.
Frequently Asked Questions
What is the market size of Cup Sleeves Market in 2024?
Cup Sleeves Market was valued at USD 32,783.74 Million in 2024.
What is the growth rate for the Cup Sleeves Market?
Cup Sleeves Market size will increase at approximate CAGR of 4.2% during the forecasted period.
Which are the top companies operating within the market?
Major companies operating within the market are Printed Cup Company, Trident Paper Box Industries, Graphic Packaging International, LLC, BriteVision Media, LLC, HotShot Coffee Sleeves USA, LBP Manufacturing LLC, Pactiv LLC, Novolex, Sabert Corporation, Starbucks Corporation and others.
Which region dominates the Cup Sleeves Market?
North America dominates the market with an active share of 37%.
}})
Select a license type that suits your business needs
US $3499
Only Three Thousand Four Hundred Ninety Nine US dollar
- 1 User access
- 15% Additional Free Customization
- Free Unlimited post-sale support
- 100% Service Guarantee until achievement of ROI
US $4499
Only Four Thousand Four Hundred Ninety Nine US dollar
- 5 Users access
- 25% Additional Free Customization
- Access Report summaries for Free
- Guaranteed service
- Dedicated Account Manager
- Discount of 20% on next purchase
- Get personalized market brief from Lead Author
- Printing of Report permitted
- Discount of 20% on next purchase
- 100% Service Guarantee until achievement of ROI
US $5499
Only Five Thousand Four Hundred Ninety Nine US dollar
- Unlimited User Access
- 30% Additional Free Customization
- Exclusive Previews to latest or upcoming reports
- Discount of 30% on next purchase
- 100% Service Guarantee until achievement of ROI