Market Share of Cups And Lids Industry
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.
- November 2022 - Huhtamaki, a packaging supplier for the food and consumer goods industries, introduced paperboard cups with moisture-resistant inner and exterior lining to the United States yogurt market at PACK EXPO International.
- September 2022 - Huhtamaki and StoraEnso launched a paper cup recycling initiative. The Cup Collective program aims to recycle used paper cups on an industrial scale and provide consumers and businesses convenient access to used paper cups, which can then be renewed into valuable recycled raw material.
Cups and Lids Market Leaders
Solo Cup Operating Corporation
Huhtamäki Oyj
WinCup Inc.
Clondalkin Group Holdings
Georgia Pacific
*Disclaimer: Major Players sorted in no particular order
