The Cups & Lids Market is valued at USD 17.16 billion in 2024 and is expected to grow at a CAGR of 3.4 % during the forecast period (2024-2029) to become USD 20.29 billion by 2029.
The cups and lids market is highly competitive due to the presence of many large and small players in the market, supplying their products in the domestic and international markets. Major players in the market are adopting strategies like product innovation and mergers and acquisitions to increase their market offerings and stay competitive in the market landscape. Some of the major players in the market are Reynolds Consumer Products, Huhtamäki Oyj, Greiner Holding AG, and Solo Cup Operating Corporation, among others.
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