Cup Sleeves Market: Global Industry Analysis and Forecast (2024-2030)

  • Cup Sleeves Market size was valued at USD 29.5 Bn. in 2023 and the total Cup Sleeves Market size is expected to grow at a CAGR of 4.15% from 2024 to 2030, reaching nearly USD 39.21 Bn. by 2030.

  • Format : PDF | Report ID : SMR_1871

Cup Sleeves Market Overview

Cup sleeves, also known as coffee sleeves, are roughly cylindrical sleeves that fit tightly over handleless paper coffee cups to insulate the drinker's hands from hot coffee. Coffee sleeves are typically made of textured paperboard and other materials.

 

The report has incorporated several aspects that influenced the market growth such as drivers, opportunities, restraints, challenges, etc.  The advancements in materials science and design technology have enabled the development of innovative cup sleeve solutions including sleeves with improved insulation properties, unique textures, or even interactive elements that engage consumers as a result it has propelled the market growth.

 

The cup sleeve market offers significant opportunities for businesses to innovate, differentiate, and cater to evolving consumer needs, but it also presents challenges that require strategic planning and adaptation. In the Cup Sleeves Market Report, classification based on material type, product type, end-user, and distribution channel reveals a broad spectrum of materials employed in production, each possessing unique attributes that resonate with consumers. The segmentation offers a detailed comprehension of market dynamics, empowering manufacturers to tailor their offerings to meet precise consumer preferences and demands.

 

  • The top 3 exporters of Paper cup sleeves are China followed by Vietnam and South Korea.
  • The top 3 importers of Cup sleeves are the United States followed by India and Turkey.
  • According to the International Franchise Association, franchise outputs in the QSR industry were projected to increase by 2.5% in 2023, boosting the market’s growth.

Cup Sleeves Market

 

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Cup Sleeves Market Dynamics

The Impact of Cup Sleeves on Safety, Insulation, and Branding

The coffee sleeve is an innovation that has profoundly impacted the coffee industry. It is designed to protect consumers’ hands from the heat of a hot cup of coffee, the sleeve has become an essential part of the take-out experience for many coffee drinkers. In addition, Consumers are able to enjoy their coffee without worrying about burns or scalds thanks to the cup sleeve that protects hands from burning. As cup sleeves provide an extra layer of insulation and keep drinks hot for a longer period as a result there is a rise in the demand for the cup sleeves market.

 

Cup Sleeves also provide hand slips as hot paper cups are made of a very smooth material and if hands are sweaty or oily, it lose grip on the cup as a result using a sleeve adds some texture to the cup so it’s easy to hold and prevents a slip. The surge in the branding and marketing of coffee shops has grown owing to the increase in customer interaction that has created brand value for many manufacturers. Branding and marketing over the years in coffee shops, diners, and restaurants have started using their packages to advertise their brand along with the products. While some brand the paper cup itself, it seems to be much more effective to just brand the sleeves because of their material and ease of printing.

Cup Sleeve Market2

Customization and Sustainability Driving Opportunities in the Cup Sleeve Market

The rising branding and customization have created opportunities for the manufacturers of the Cup sleeves market. The younger generation opted for more customization and prefer more branded products than local as a result it has influenced the market growth. As the demand for customization and branding grows, cup sleeves have become a prime canvas for businesses to showcase their brand identity and convey marketing messages.

 

Whether it's promoting a logo, a slogan, or customizing sleeves for special events, the versatility of cup sleeves allows companies to effectively engage with their customers. Additionally, with increasing environmental awareness, there's a growing preference for eco-friendly alternatives to traditional cup sleeves. Companies are seizing this opportunity by offering sleeves made from recycled materials or biodegradable options. By aligning with sustainability initiatives, businesses not only cater to the eco-conscious consumer market but also demonstrate their commitment to environmental responsibility.

 

Challenges and Strategies in the Cup Sleeve Market

The cup sleeve market is highly competitive, with numerous suppliers vying for business from coffee shops, cafes, and restaurants. To stand out, companies must differentiate themselves through quality, customization options, or innovative features.

 

As there is an increase in the competitive cup sleeve market, numerous suppliers for business are from coffee shops, cafes, and restaurants. To gain an edge, companies are distinguishing themselves through quality, customization options, or innovative features. Though, many businesses, particularly small coffee shops or food outlets, operate on tight budgets and prioritize cost when purchasing cup sleeves. It presents a challenge for suppliers who need to balance affordability with quality and sustainability. While cup sleeves offer practical solutions for heat insulation and branding, it also contribute to single-use waste if not disposed of properly.

 

To address environmental concerns, manufacturers need to offer eco-friendly alternatives and promote responsible disposal practices. In addition, efficient logistics and distribution are crucial for supplying cup sleeves to a diverse range of businesses across various locations as it involves managing inventory, transportation, and delivery logistics to ensure timely and cost-effective distribution. Additionally, consumer preferences and trends in the food and beverage industries change rapidly, impacting the demand for cup sleeves.

 

Cup Sleeves Market Segment Analysis

Based on Material, the Paper and Cardboard Segment dominated the market and is expected to rise through the forecast period with an increasing CAGR owing to customers becoming increasingly environmentally conscious, and sustainability and eco-friendliness becoming a top priority for coffee chains. Various government initiatives and regulations call for reduced carbon footprints, providing a robust push for packaging manufacturers to sell eco-friendly paper cups. As per Stellar Analysis, 6,000 European adults, around 73% and 68% of the population from France and Germany, respectively, gave more importance to sustainable packaging. Consequently, the consumption of paper is also increasing globally to high demand of the consumer.

 

Increasing consumer awareness regarding single-use packaging has also prompted companies to invest in alternatives that minimize environmental impact. Increasing adoption of Key players for paper and cardboard in the manufacturing process has accelerated the market growth.  For Instance, Mondi, a global leader in packaging and paper, has announced that its entire portfolio of kraft papers for packaging has been certified as Mondi's MAP2030 (Mondi Action Plan 2030) sustainability commitment to make 100% of its packaging and paper products reusable, recyclable, or compostable by 2025, ensuring a sustainable end-of-life for all paper and packaging products.

 

Cup Sleeves Market Regional Analysis

Europe dominated the Cup Sleeves Market and is expected to maintain the dominance through the forecast period. Europe is generally known for the industrial diversity that has made the continent a center of trade and commerce for centuries. The rising popularity of coffee shops and the convenience of takeaway beverages have fuelled the demand for insulated cup sleeves. These sleeves provide a comfortable grip and prevent burns from hot beverages, making them an essential accessory for on-the-go consumers.

 

Additionally, The European coffee market is also driven by multiple factors, such as the increasing demand for coffee products, acceptance of single-serve coffee brew systems by consumers, and constant innovation led by the top players in the coffee market have boosted the demand for the Cup Sleeves Market in the region. The tourism market is also growing by leaps and bounds. This prompts the local vendors to enchant more visitors through their cup sleeves bearing their trademarks.

 

North America and Asia Pacific are expected to be the fastest-growing regions and are projected to grow with an increasing CAGR till 2030. North America held the second-largest market share of 31.10 % in 2023 resulting in a strong presence in the Cup Sleeves Market. Asia Pacific has long been the engine of global prosperity driven by its network of industrial supply chains, but two shifts are now changing its growth profile dramatically. First, Asian economies are becoming markets in their own right as their incomes rise. The second is that the ability to deliver products digitally has shifted the principal driver of regional growth from manufacturing to services and has influenced the cup sleeves market growth.

 

  • According to the STELLAR Analysis, The number of branded coffee shops in China increased by 58% over the past 12 months to a record 49,691 outlets.

 

Cup Sleeves Market Competitive Landscape

  • In 2023, Mondi Group, a leading global manufacturer of packaging and paper, announced the launch of its new insulated cup sleeve. The new sleeve is designed to keep hot beverages hot for longer and cold beverages cold for longer.
  • In 2023, Sonoco, a leading global manufacturer of packaging solutions, announced the launch of its new sustainable cup sleeve. The new sleeve is made from 100% recycled materials and is compostable in industrial composting facilities.

Cup Sleeves Market Scope

Market Size in 2023

USD 29.5 Bn.

Market Size in 2030

USD 39.21 Bn.

CAGR (2024-2030)

4.15 %

Historic Data

2018-2022

Base Year

2023

Forecast Period

2024-2030

   Segments

By Material

  • Plastic
  • Paper & Paperboard
  • Rubber
  • Others

By Product Type

  • Shrink Sleeve
  • Protective Sleeve

By End User

  • Cafes
  • Restaurants
  • Canteens
  • Hotels
  • Other

 

By Distribution Channel

  • Online
  • Offline

Regional Scope

North America- United States, Canada, and Mexico

Europe – United Kingdom, France, Germany, Italy, Spain, Sweden, Russia, and Rest of Europe

Asia Pacific – China, India, Japan, South Korea, Australia, ASEAN, Rest of APAC

Middle East and Africa - South Africa, GCC, Egypt, Rest of the Middle East and Africa

South America – Brazil, Argentina, Rest of South America

 

Cup Sleeves Market Key Players

North America

  1. Sabert Corporation
  2. Novolex
  3. HotShot Coffee Sleeves USA
  4. New WinCup Holdings, Inc
  5. WestRock Company
  6. Anchor Packaging
  7. Pacific Paper Eorks
  8. Graphic Packaging International
  9. Genpak, LLC

Europe

  1. Norpol Packaging
  2. Printed Cup Company
  3. Smurfit Kappa Group
  4. Duni AB
  5. Mondi Group
  6. Detpak
  7. Eco-Products Europe

Asia Pacific

  1. Trident Paper Box Industries
  2. Huhtamaki
  3. Coveris Holdings S.A
  4. XXX


Frequently Asked Questions

Innovation and Customization are expected to be the major drivers of the market.

1.    Cup Sleeves Market: Research Methodology 
2.    Cup Sleeves Market: Executive Summary
3.    Cup Sleeves Market: Competitive Landscape
4.    Potential Areas for Investment

4.1. Stellar Competition Matrix
4.2. Competitive Landscape
4.3. Key Players Benchmarking
4.4. Market Structure
4.4.1.    Market Leaders 
4.4.2.    Market Followers
4.4.3.    Emerging Players

4.5. Consolidation of the Market
5.    Cup Sleeves Market: Dynamics
5.1. Drivers
5.2. Restraints
5.3. Opportunities
5.4. Challenges
5.5. Market Trends by Region
5.5.1.    North America
5.5.2.    Europe
5.5.3.    Asia Pacific
5.5.4.    Middle East and Africa
5.5.5.    South America

5.6. Market Drivers by Region
5.6.1.    North America
5.6.2.    Europe
5.6.3.    Asia Pacific
5.6.4.    Middle East and Africa
5.6.5.    South America

5.7. Market Restraints
5.8. Market Opportunities
5.9. Market Challenges
5.10. PORTER’s Five Forces Analysis
5.11. PESTLE Analysis
5.12. Strategies for New Entrants to Penetrate the Market
5.13. Analysis of Government Schemes and Initiatives for the Cup Sleeves Industry
5.14. Regulatory Landscape by Region
5.14.1.    North America
5.14.2.    Europe
5.14.3.    Asia Pacific
5.14.4.    Middle East and Africa
5.14.5.    South America

5.15. Cup Sleeves Market Size and Forecast by Segments (by Value Units)
5.15.1.    Cup Sleeves Market Size and Forecast, by Material (2023-2030)
5.15.1.1.    Plastic
5.15.1.2.    Paper & Paperboard
5.15.1.3.    Rubber
5.15.1.4.    Others
5.15.2.    Cup Sleeves Market Size and Forecast, by Product Type (2023-2030)
5.15.2.1.    Shrink Sleeve
5.15.2.2.    Protective Sleeve
5.15.3.    Cup Sleeves Market Size and Forecast, by End User (2023-2030)
5.15.3.1.    Cafes
5.15.3.2.    Restaurants
5.15.3.3.    Canteens
5.15.3.4.    Hotels 
5.15.3.5.    Other 
5.15.4.    Cup Sleeves Market Size and Forecast, by Distribution Channel (2023-2030)
5.15.4.1.    Online 
5.15.4.2.    Offline
5.15.5.    Cup Sleeves Market Size and Forecast, by Region (2023-2030)
5.15.5.1.    North America
5.15.5.2.    Europe
5.15.5.3.    Asia Pacific
5.15.5.4.    Middle East and Africa
5.15.5.5.    South America

6.    North America Cup Sleeves Market Size and Forecast (by value Units)
6.1. North America Cup Sleeves Market Size and Forecast, by Material (2023-2030)
6.1.1.    Plastic
6.1.2.    Paper & Paperboard
6.1.3.    Rubber
6.1.4.    Others 

6.2. North America Cup Sleeves Market Size and Forecast, by Product Type (2023-2030)
6.2.1.    Shrink Sleeve
6.2.2.    Protective Sleeve

6.3. North America Cup Sleeves Market Size and Forecast, by End User (2023-2030)
6.3.1.    Cafes
6.3.2.    Restaurants
6.3.3.    Canteens
6.3.4.    Hotels 
6.3.5.    Other 

6.4. North America Cup Sleeves Market Size and Forecast, by Distribution Channel (2023-2030)
6.4.1.    Online 
6.4.2.    Offline

6.5. North America Cup Sleeves Market Size and Forecast, by Country (2023-2030)
6.5.1.    United States
6.5.2.    Canada
6.5.3.    Mexico

7.    Europe Cup Sleeves Market Size and Forecast (by Value Units)
7.1. Europe Cup Sleeves Market Size and Forecast, by Material (2023-2030)
7.1.1.    Plastic
7.1.2.    Paper & Paperboard
7.1.3.    Rubber
7.1.4.    Others 

7.2. Europe Cup Sleeves Market Size and Forecast, by Product Type (2023-2030)
7.2.1.    Shrink Sleeve
7.2.2.    Protective Sleeve

7.3. Europe Cup Sleeves Market Size and Forecast, by End User (2023-2030)
7.3.1.    Cafes
7.3.2.    Restaurants
7.3.3.    Canteens
7.3.4.    Hotels 
7.3.5.    Other 

7.4. Europe Cup Sleeves Market Size and Forecast, by Distribution Channel (2023-2030)
7.4.1.    Online 
7.4.2.    Offline

7.5. Europe Cup Sleeves Market Size and Forecast, by Country (2023-2030)
7.5.1.    UK
7.5.2.    France
7.5.3.    Germany
7.5.4.    Italy
7.5.5.    Spain
7.5.6.    Sweden
7.5.7.    Russia
7.5.8.    Rest of Europe

8.    Asia Pacific Cup Sleeves Market Size and Forecast (by Value Units)
8.1. Asia Pacific Cup Sleeves Market Size and Forecast, by Material (2023-2030)
8.1.1.    Plastic
8.1.2.    Paper & Paperboard
8.1.3.    Rubber
8.1.4.    Others 

8.2. Asia Pacific Cup Sleeves Market Size and Forecast, by Product Type (2023-2030)
8.2.1.    Shrink Sleeve
8.2.2.    Protective Sleeve

8.3. Asia Pacific Cup Sleeves Market Size and Forecast, by End User (2023-2030)
8.3.1.    Cafes
8.3.2.    Restaurants
8.3.3.    Canteens
8.3.4.    Hotels 
8.3.5.    Other 

8.4. Asia Pacific Cup Sleeves Market Size and Forecast, by Distribution Channel (2023-2030)
8.4.1.    Online 
8.4.2.    Offline

8.5. Asia Pacific Cup Sleeves Market Size and Forecast, by Country (2023-2030)
8.5.1.    China
8.5.2.    S Korea
8.5.3.    Japan
8.5.4.    India
8.5.5.    Australia
8.5.6.    ASEAN
8.5.7.    Rest of Asia Pacific

9.    Middle East and Africa Cup Sleeves Market Size and Forecast (by Value Units)
9.1. Middle East and Africa Cup Sleeves Market Size and Forecast, by Material (2023-2030)
9.1.1.    Plastic
9.1.2.    Paper & Paperboard
9.1.3.    Rubber
9.1.4.    Others 

9.2. Middle East and Africa Cup Sleeves Market Size and Forecast, by Product Type (2023-2030)
9.2.1.    Shrink Sleeve
9.2.2.    Protective Sleeve

9.3. Middle East and Africa Cup Sleeves Market Size and Forecast, by End User (2023-2030)
9.3.1.    Cafes
9.3.2.    Restaurants
9.3.3.    Canteens
9.3.4.    Hotels 
9.3.5.    Other 

9.4. Middle East and Africa Cup Sleeves Market Size and Forecast, by Distribution Channel (2023-2030)
9.4.1.    Online 
9.4.2.    Offline

9.5. Middle East and Africa Cup Sleeves Market Size and Forecast, by Country (2023-2030)
9.5.1.    South Africa
9.5.2.    GCC
9.5.3.    Egypt
9.5.4.    Rest of ME&A

10.    South America Cup Sleeves Market Size and Forecast (by Value Units)
10.1. South America Cup Sleeves Market Size and Forecast, by Material (2023-2030)
10.1.1.    Plastic
10.1.2.    Paper & Paperboard
10.1.3.    Rubber
10.1.4.    Others 

10.2. South America Cup Sleeves Market Size and Forecast, by Product Type (2023-2030)
10.2.1.    Shrink Sleeve
10.2.2.    Protective Sleeve

10.3. South America Cup Sleeves Market Size and Forecast, by End User (2023-2030)
10.3.1.    Cafes
10.3.2.    Restaurants
10.3.3.    Canteens
10.3.4.    Hotels 
10.3.5.    Other 

10.4. South America Cup Sleeves Market Size and Forecast, by Distribution Channel (2023-2030)
10.4.1.    Online 
10.4.2.    Offline

10.5. South America Cup Sleeves Market Size and Forecast, by Country (2023-2030)
10.5.1.    Brazil
10.5.2.    Argentina
10.5.3.    Rest of South America

11.    Company Profile: Key players
11.1. Sabert Corporation
11.1.1.    Company Overview
11.1.2.    Financial Overview
11.1.3.    Business Portfolio
11.1.4.    SWOT Analysis
11.1.5.    Business Strategy 
11.1.6.    Recent Developments

11.2. Novolex
11.3. HotShot Coffee Sleeves USA
11.4. New WinCup Holdings, Inc
11.5. WestRock Company
11.6. Anchor Packaging
11.7. Pacific Paper Eorks
11.8. Graphic Packaging International
11.9. Genpak, LLC
11.10. Norpol Packaging
11.11. Printed Cup Company
11.12. Smurfit Kappa Group
11.13. Duni AB
11.14. Mondi Group
11.15. Detpak
11.16. Eco-Products Europe
11.17. Trident Paper Box Industries
11.18. Huhtamaki
11.19. Coveris Holdings S.A
12.    Key Findings
13.    Industry Recommendation

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