Cup Sleeves Market Expected to Reach USD 39.730 Billion by 2032 | Growing at a CAGR of 4.30%

Market Research Future (MRFR) has published a cooked research report on the “Global Cup Sleeves Market” that contains information from 2019 to 2032. The cup sleeves market is estimated to register a CAGR of 4.30% during the forecast period of 2024 to 2032.

MRFR recognizes the following companies as the key players in the global cup sleeves market - BriteVision Media, LLC, Printed Cup Company, LBP Manufacturing LLC, Graphic Packaging International, LLC, Sabert Corporation, Novolex, Trident Paper Box Industries, HotShot Coffee Sleeves USA, Pactiv LLC, and Starbucks Corporation.

Cup Sleeves Market Highlights

The global cup sleeves market is accounted to register a CAGR of 4.30% during the forecast period and is estimated to reach USD 39.730 billion by 2032.

The food service industry's growing trend of using high-quality disposable cups, especially in small eateries and food outlets, is fueling a boom in demand for cup sleeves. The growing trend of switching to biodegradable cups and spoons from plastic ones is another factor propelling the market for cup sleeves. There will likely be new prospects in the cup sleeve market due to the growing demand for cup sleeve personalization.

Segment Analysis

The global cup sleeves market has been segmented into material, product type, and end user.

On the basis of material, the market is segmented into Paper & Paperboard, Plastic, and Rubber. The paper & paperboard segment was attributed to holding the largest market share in 2023. Growing hygienic consciousness is expected to fuel demand for paper and take-out cups, especially in the post-Covid age. Paper and paperboard cup sleeves are becoming increasingly popular as people choose more hygienic and sanitary beverages.

Based on product type, the global cup sleeves market has been segmented into Shrink Sleeve and Protective Sleeve. The protective sleeve segment was expected to hold the largest market share in 2023. Sleeves provide additional protection for fresh fruit trays from physical harm, dust, and other contaminants during handling, transportation, and storage. Because the sleeves help maintain the quality and freshness of the fruits and vegetables, there is less food waste and product deterioration.

Based on end user, the global cup sleeves market has been segmented into Food & Beverage Industry, Cafes & Kiosks, Hotels & Restaurants, Quick-Service Restaurants, and Canteens. The food & beverage industry segment was expected to hold the largest market share in 2023. In the food and beverage industry, cup sleeves are widely sought-after because they offer extra temperature protection for hot food and beverages. Retailers frequently serve hot and cold takeaway beverages in single-wall cups with cup sleeves, a sturdy and insulated choice for presenting unusual liquids.

Regional Analysis

The global cup sleeves market, based on region, has been divided into North America, Europe, Asia-Pacific, and Rest of the World. North America consists of the US and Canada. The Europe cup sleeves market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The cup sleeves market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Cup sleeves market comprises the Middle East, Africa, and Latin America.

The largest market share for cup sleeves was maintained by the North American regional sector. The growing amount of coffee consumed in the area is the main driver of this rise. For many people, coffee has become an essential part of their everyday lives, which has led to an increase in the number of coffee shops, cafés, and quick-service restaurants. Additionally, North America is home to significant market participants who actively support the invention and development of cup sleeve goods, further propelling the market's growth.

Moreover, the Europe market has been persistently growing over the forecast period. The travel and hotel sectors are the main causes of this regional domination. Many visitors travel to European countries, and as a result, there has been a notable increase in the demand for takeout coffee and other beverages. In addition, throughout Europe, hotels, cafés, and dining establishments have adopted the usage of cup sleeves, which provide a comfortable hold on hot and cold beverages to improve the client experience.

Additionally, Asia Pacific is anticipated to experience the quickest growth over the forecast period because people are becoming more conscious of the need to protect the environment and the negative impacts of single-use plastics. Governments and regulatory agencies have begun enforcing more stringent laws regarding the use of throwaway plastic products, such as cups. This change has increased the demand for paper cups and, in turn, environmentally friendly cup sleeves.

Furthermore, the rest of the world's cup sleeves market is divided into the Middle East, Africa, and Latin America. In the upcoming years, the Middle East, Africa, and Latin America may prove to be significant markets for increased sales of cup sleeves. Better sales of cup sleeves would result from citizens' disposable money in those nations' rising economies. Additionally, as customization and personalization have become more popular, cup sleeve producers worldwide have been quick to adjust and offer customized solutions to meet the particular requirements of local organizations.

Key Findings of the Study

• The global cup sleeves market is expected to reach USD 39.730 billion by 2032, at a CAGR of 4.30% during the forecast period.


• The Asia-Pacific region accounted for the fastest-growing global market due to a growing public awareness of the need to preserve the environment and the harmful effects of single-use plastics.


• Based on end user, the food & beverage industry segment was attributed to holding the largest market in 2023.


• BriteVision Media, LLC, Printed Cup Company, LBP Manufacturing LLC, Graphic Packaging International, LLC, Sabert Corporation, Novolex, Trident Paper Box Industries, HotShot Coffee Sleeves USA, Pactiv LLC, and Starbucks Corporation, among others.