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Global Cup Sleeves Market to reach USD XX million by 2028.

Global Cup Sleeves Market Size study, By Product Type (Kraft Paper, Coated Paper); by End-Use (Food Service, Residential, Others), and Regional Forecasts 2022-2028

Product Code: CMP-56393923
Publish Date: 12-07-2022
Page: 200

Global Cup Sleeves Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. The Cup Sleeves can be defined as cylindrical sleeves that fit tightly over handle-less paper coffee cups to protect the drinker’s hands from hot coffee. These sleeves are made with textured paper boards. White or bleached Kraft paper is generally utilized in restaurants and cafes. The growing consumption of hot drinks and increasing adoption of sustainable packaging solutions as well as recent strategic initiatives from leading market players are factors that are accelerating the global market demand. For instance, according to Statista – as of 2022, revenue of global hot drinks market is estimated at USD 672.40 billion, and the market is projected to show CAGR of 7.34% between 2022 & 2025 to reach to USD 831.60 billion by end of 2025. Moreover, leading market players are strategic initiatives including new product launches and collaboration to capitalize the growing demand for sustainable packaging solutions. For instance, in November 2019, Michigan, US based DRANKX, launched an eco-friendly reusable cup sleeve. This fabric-based sleeves are easy to wash, helping cut down on waste cardboard and paper. Furthermore, in August 2020, USA based quick service restaurants chain Dunkin’ in collaboration with PopSockets unveiled PopThirst cup sleeves and PopTops for fans. Also, growing tourism sector in post covid era coupled with rising penetration of fast food and quick service restaurant chains are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, volatile cost of raw materials and stringent government laws over deforestation impede the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Cup Sleeves Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing consumption of caffeinated drinks and presence of leading market players in the region. Whereas, Asia pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as the thriving growth of quick service restaurants and stringent rules and regulations over use of single use plastic products in the region, would create lucrative growth prospects for the global Cup Sleeves Market across the Asia Pacific region.

Major market players included in this report are:
Swan International
Bengaluru Paper Cups
Atharva Packaging
Leepack Industrial Co Ltd
Ganesha Printopack Industries
Ningbo Gold Star International Co. Ltd.
Eco Rev
Sri Ram Enterprises
Brite Vision

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type
Kraft Paper
Coated Paper
By End-Use
Food Service
By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Cup Sleeves Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)
1.2.1. Global Cup Sleeves Market, by Region, 2020-2028 (USD Million)
1.2.2. Global Cup Sleeves Market, by Product Type, 2020-2028 (USD Million)
1.2.3. Global Cup Sleeves Market, by End Use, 2020-2028 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Cup Sleeves Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Cup Sleeves Market Dynamics
3.1. Cup Sleeves Market Impact Analysis (2020-2028)
3.1.1. Market Drivers Growing consumption of hot drinks. Increasing adoption of sustainable packaging solutions. Recent strategic initiatives from leading market players.
3.1.2. Market Challenges Volatile cost of raw materials. Stringent government laws over deforestation.
3.1.3. Market Opportunities Growing tourism sector in post covid era. Rising penetration of fast food and quick service restaurant chains.
Chapter 4. Global Cup Sleeves Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Cup Sleeves Market, by Product Type
6.1. Market Snapshot
6.2. Global Cup Sleeves Market by Product Type, Performance – Potential Analysis
6.3. Global Cup Sleeves Market Estimates & Forecasts by Product Type 2018-2028 (USD Million)
6.4. Cup Sleeves Market, Sub Segment Analysis
6.4.1. Kraft Paper
6.4.2. Coated paper
Chapter 7. Global Cup Sleeves Market, by End Use
7.1. Market Snapshot
7.2. Global Cup Sleeves Market by End Use, Performance – Potential Analysis
7.3. Global Cup Sleeves Market Estimates & Forecasts by End Use 2018-2028 (USD Million)
7.4. Cup Sleeves Market, Sub Segment Analysis
7.4.1. Food Service
7.4.2. Residential
7.4.3. Others
Chapter 8. Global Cup Sleeves Market, Regional Analysis
8.1. Cup Sleeves Market, Regional Market Snapshot
8.2. North America Cup Sleeves Market
8.2.1. U.S. Cup Sleeves Market Product Type estimates & forecasts, 2018-2028 End Use estimates & forecasts, 2018-2028
8.2.2. Canada Cup Sleeves Market
8.3. Europe Cup Sleeves Market Snapshot
8.3.1. U.K. Cup Sleeves Market
8.3.2. Germany Cup Sleeves Market
8.3.3. France Cup Sleeves Market
8.3.4. Spain Cup Sleeves Market
8.3.5. Italy Cup Sleeves Market
8.3.6. Rest of Europe Cup Sleeves Market
8.4. Asia-Pacific Cup Sleeves Market Snapshot
8.4.1. China Cup Sleeves Market
8.4.2. India Cup Sleeves Market
8.4.3. Japan Cup Sleeves Market
8.4.4. Australia Cup Sleeves Market
8.4.5. South Korea Cup Sleeves Market
8.4.6. Rest of Asia Pacific Cup Sleeves Market
8.5. Latin America Cup Sleeves Market Snapshot
8.5.1. Brazil Cup Sleeves Market
8.5.2. Mexico Cup Sleeves Market
8.6. Rest of The World Cup Sleeves Market

Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. DOBI Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
9.2.2. Swan International
9.2.3. Bengaluru Paper Cups
9.2.4. Atharva Packaging
9.2.5. Leepack Industrial Co Ltd
9.2.6. Ganesha Printopack Industries
9.2.7. Ningbo Gold Star International Co. Ltd.
9.2.8. Eco Rev
9.2.9. Sri Ram Enterprises
9.2.10. Brite Vision
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

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