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The global "PET Cup Lid market" was valued at USD 1.21 billion in 2023 and is projected to reach USD 1.65 billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 4.4% during the forecast period (2024-2030).

A PET cup lid is a type of disposable lid made from polyethylene terephthalate (PET) plastic. It is designed to fit securely on cups, commonly used for beverages such as coffee, tea, and soft drinks. PET cup lids are clear, durable, and resistant to cracking, providing a reliable and convenient way to prevent spills and maintain the temperature of the drink. Additionally, PET is recyclable, making these lids a more environmentally friendly choice compared to some other plastics.

Material Type: PET (Polyethylene Terephthalate) Cup Lids are widely used in the food and beverage industry for covering disposable cups, offering convenience and hygiene benefits.

Market Segmentation: The market serves various sectors including fast food chains, cafes, convenience stores, and other food service establishments where single-use beverage containers are common.

Drivers of Growth: Growth is driven by the increasing consumption of on-the-go beverages, rising preference for convenience packaging solutions, and strict hygiene standards in food service industries.

Environmental Concerns: There is a growing shift towards recyclable and eco-friendly PET materials, driven by consumer awareness and regulatory pressures to reduce plastic waste.

Regional Insights: Market growth is influenced by trends in North America, Europe, Asia-Pacific, and other regions with significant food and beverage consumption and takeaway culture.

Technological Advancements: Innovations in lid design and manufacturing processes, aimed at enhancing usability, safety, and sustainability, are driving market expansion.

Challenges: Challenges include regulatory restrictions on single-use plastics, fluctuating raw material costs, and competition from alternative materials such as paper and biodegradable plastics.

Opportunities: Opportunities exist in developing lightweight and cost-effective PET lid solutions, expanding product offerings to emerging markets, and collaborating with beverage manufacturers to customize packaging solutions.

The global key manufacturers of PET Cup Lid include Dart Container Corporation, Pactiv Evergreen, Berry Global, Genpak, Amhil, Cosmoplast, Airlite Plastics, Reynolds Packaging Group and Huhtamaki Group, etc. in 2023, the global top five players have a share approximately % in terms of revenue.

This report aims to provide a comprehensive presentation of the global market for PET Cup Lid, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding PET Cup Lid. This report contains market size and forecasts of PET Cup Lid in global, including the following market information:

• Global PET Cup Lid Market Revenue, 2019-2024, 2025-2030, ($ millions)
• Global PET Cup Lid Market Sales, 2019-2024, 2025-2030, (K Units)
• Global top five PET Cup Lid companies in 2023 (%)

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the PET Cup Lid manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:

• 78mm
• 89mm
• 95mm
• 107mm
• 115mm

• Restaurant
• Hotel
• Milk Tea Shop
• Office
• Household

• North America (United States, Canada, Mexico)
• Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
• The Middle East and Africa (Middle East, Africa)
• South and Central America (Brazil, Argentina, Rest of SCA)

• Key companies PET Cup Lid revenues in global market, 2019-2024 (Estimated), ($ millions)
• Key companies PET Cup Lid revenues share in global market, 2023 (%)
• Key companies PET Cup Lid sales in global market, 2019-2024 (Estimated), (K Units)
• Key companies PET Cup Lid sales share in global market, 2023 (%)

• Dart Container Corporation
• Pactiv Evergreen
• Berry Global
• Genpak
• Amhil
• Cosmoplast
• Airlite Plastics
• Reynolds Packaging Group
• Huhtamaki Group
• Homelink Eco-iTech
• Fuling Plastic
• Zhongli Plastic
• Yisheng Technology
• Honghai Plastics
• Accum Packaging

Chapter 1: Introduces the definition of PET Cup Lid, market overview.
Chapter 2: Global PET Cup Lid market size in revenue and volume.
Chapter 3: Detailed analysis of PET Cup Lid manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of PET Cup Lid in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global PET Cup Lid capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.