Morning cup of Joe, driving demand for cups and lids?

A new market study from The Freedonia Group anticipates world demand for cups and lids is projected to rise 5% per year to nearly $26 billion in 2017. Specifically, increases are fueled by growth in the quick service restaurant industry, which will remain the primary user of disposable cups and lids.

The foodservice industry accounts for more than three-fifths of overall market value through 2017. Several trends are bolstering cup and lid demand, which include expanded beverage offerings in quick service and other restaurants, and the significant growth potential in countries with underdeveloped foodservice industries.

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