This site uses cookies, including third-party cookies, that help us to provide and improve our services.

Privacy Policy
- Global Locations -
Headquarters
Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive, Suite 401, Newark, Delaware - 19713, United States
T: +1-845-579-5705
MEA
Market Access DMCC
1602-6 Jumeirah Bay X2 Tower, Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
Americas
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
Europe
Future Market Insights
3rd Floor, 207 Regent Street,
London W1B 3HH
United Kingdom
T: + 44 (0) 20 8123 9659
D: +44 (0) 20 3287 4268
APAC
Future Market Insights
Office No. 401-A, 4th Floor,
VANTAGE 9, S.No. 36/1/1,
Baner, Pune 411045 India

Cup Sleeves Market

Cup Sleeves Market By Material Type (Kraft paper, Coated paper), Capacity (12 OZ Cups, 16 OZ Cups, 20 OZ Cups, 22 OZ Cups, 24 OZ Cups), End Uses (Food & Beverages Industry, Restaurants and Hotel Industry, Household & Offices) & Region - Forecast 2022-2032

Market Insights on Cup Sleeves covering sales outlook, demand forecast & up-to-date key trends

Cup Sleeves Market Overview

The cup sleeves market is likely to register a CAGR of 4% during the forecast period, and is anticipated to reach a market share of US$ 45.82 Bn in 2032, from US$ 28.62 Bn in 2020, due to the swift progress of significant economies due to globalization in contemporary years.

Attributes

Details

Cup Sleeves Market CAGR

4%

Cup Sleeves Market Size (2020)

US$ 28.62 Bn

Cup Sleeves Market Size (2032)

US$ 45.82 Bn

Users of paper disposable cups have increased at a rising rate in recent years, as people's spending power has increased, resulting in an increase in demand for cup sleeves, as disposable coffee cups and cup sleeves are substitutes.

Moreover, the need for sanitary beverages has risen, boosting the sales of cup sleeves. Users are becoming more cautious about the tableware they choose for any meal. Partially restrictions on plastics are being proposed by international regulatory authorities.

This phase indicates that disposable cups are being used more frequently, which will increase demand for cup sleeves. In the next few years, there will be a new market for attractive designs which enhance the sales of cup sleeves, particularly for gifting purposes during the festive seasons.

Customers prefer personalized cup sleeves for their use, and demand for cup sleeves made of wool, leather, and a variety of other materials is much higher. This is anticipated to have a positive impact on cup sleeves market share.

Customize this Report

Let us know your requirement to get
100% FREE customization

What Contributes to the Growth of Cup Sleeves Market?

Due to the rapid advancement of significant economies as a result of globalization in recent years, there has been an increase in sales of cup sleeves throughout the hospitality industry.

The growing tourism market is leading to the advancement of various dependent sectors, which will ultimately lead to the growth of the cup sleeves market share in the coming years.

How does Income Impact the Cup Sleeves Market?

An increase in an individual's disposable income leads to increased spending on high-quality provided food, particularly beverages, which increases the demand for cup sleeves. Visitors/tourists, in particular, enjoy hygienic meals and beverages when traveling, encouraging the sales of cup sleeves.

Furthermore, one of the key factors in the cup sleeves market might see significant growth on a global scale, due to the rising need for biodegradable disposable products and a shift away from plastic disposables.

Ismail Sutaria
Principal Consultant
LinkedIn
Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

Talk to Analyst

What is the Regional Outlook of the Cup Sleeves Market?

Due to developing economies and the ability to purchase a high-end product, countries in the Asia Pacific region are likely to represent significant potential prospects for the cup sleeves market.

North America, followed by Western Europe, is likely to generate significant incremental demand for the cup sleeves market, owing to the region's high per capita consumption, particularly during travel and eating out. Africa and Latin America could be important markets for better sales of cup sleeves in the next few years.

The disposable income of people from the emerging economies of the countries would lead to better sales of the cup sleeves. In the following years, the overall cup sleeves market is predicted to have a positive outlook and grow at a strong CAGR.

How Competition Intensifies the Cup Sleeves Market?

Some of the key players operating in the cup sleeves market are DOBI Ltd, Xuancheng Bo Site Commodity Co, and many local and unorganized players are expected to contribute to the global cup sleeves market share in recent years to come.

  • Companies are coming up with the idea of advertising on coffee cup sleeves; this provides them with various benefits for promoting their brand, including cost effectiveness, lengthy exposure time, and broad reach, as well as the ability to check user counts via QR codes on cup sleeves, exploring the demand for cup sleeves.
  • Sales of customized cup sleeves are on the rise in industrialized nations, while sales of personalized cup sleeves in emerging economies are expected to skyrocket in the coming years.
Become a MarketNgage Insider

An unified Market Research Subscription Platform, built for today’s disparate research needs.

Report Scope

Report Attribute

Details

Growth rate

CAGR of 4% from 2022 to 2032

Base year for estimation

2021

Historical data

2015 - 2020

Forecast period

2022 - 2032

Quantitative units

Revenue in USD billion, volume in kilotons, and CAGR from 2022 to 2032

Report coverage

Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis,

Segments covered

Material type, capacity, end uses, region

Regional scope

North America; Western Europe, Eastern Europe, Middle East, Africa, ASEAN, South Asia, Rest of Asia, Australia and New Zealand

Country scope

U.S.; Canada; Mexico; Germany; U.K.; France; Italy; Spain; Russia; Belgium; Poland; Czech Republic; China; India; Japan; Australia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; Iran; South Africa

Key companies profiled

DOBI, Xuancheng Bo Site Commodity Co., Ltd.

Customization scope

Free report customization (equivalent to up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs.

Frequently Asked Questions

The cup sleeves market is anticipated to register a CAGR of 4% during the forecast period.

The cup sleeves market share is anticipated to reach US$ 45.82 Bn in 2032.

Demand for cup sleeves is likely to rise, due to the swift progress of significant economies due to globalization in contemporary years.

Table of Content
Customize this Report

Let us know your requirement to get
100% FREE customization

List of Tables
Ismail Sutaria
Principal Consultant
LinkedIn
Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

Talk to Analyst
List of Charts

Need specific information?

Request Customization

Explore Packaging Insights

View Reports

Recommendations

Packaging

Insulated Cup Sleeves Market

Published : July 2021

Packaging

Paper Cone Cup Market

Published : October 2019

Packaging

Molded Fiber Cup Market

Published : November 2018

Packaging

Volumetric Cup Fillers Market

Published : January 2017

Google translate