PUBLISHER: The Business Research Company | PRODUCT CODE: 1706096
PUBLISHER: The Business Research Company | PRODUCT CODE: 1706096
Polyethylene terephthalate (PET) cups are transparent, food-safe containers crafted from a lightweight thermoplastic polymer known as polyethylene terephthalate. These cups are widely used for cold beverages, offering recyclability and effective barrier properties against gases and moisture.
The primary types of PET cups include clear PET cups, opaque PET cups, and printed PET cups. Clear PET cups are transparent, single-use containers made from polyethylene terephthalate plastic, ideal for serving cold beverages while allowing visibility of their contents. These cups are distributed through various channels such as hypermarkets, supermarkets, department stores, e-commerce platforms, and direct sales. They cater to diverse end users including food services, beverage industries, restaurants, and other sectors.
The polyethylene terephthalate (PET) cups market research report is one of a series of new reports from The Business Research Company that provides polyethylene terephthalate (PET) cups market statistics, including polyethylene terephthalate (PET) cups industry global market size, regional shares, competitors with a polyethylene terephthalate (PET) cups market share, detailed polyethylene terephthalate (PET) cups market segments, market trends, and opportunities, and any further data you may need to thrive in the polyethylene terephthalate (PET) cups industry. This polyethylene terephthalate (PET) cups research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The polyethylene terephthalate (PET) cups market size has grown strongly in recent years. It will grow from $0.99 billion in 2024 to $1.06 billion in 2025 at a compound annual growth rate (CAGR) of 7.5%. The growth in the historic period can be attributed to increasing adoption in quick-service restaurants, increasing focus on hygiene and food safety, increasing investment in recycling infrastructure, increasing consumer preference for transparent packaging, and increasing popularity of takeaway and delivery services.
The polyethylene terephthalate (PET) cups market size is expected to see strong growth in the next few years. It will grow to $1.4 billion in 2029 at a compound annual growth rate (CAGR) of 7.1%. The growth in the forecast period can be attributed to increasing demand from the food and beverage industry, growing online market for disposable packaging solutions, rising awareness of environmental issues, growing consumer preferences for eco-friendly packaging options, and growing demand for on-the-go food and beverages. Major trends in the forecast period include lightweight packaging, the adoption of reclosable PET cup designs, personalization, antimicrobial and barrier coatings, and smart packaging integration.
The growing demand from the food and beverage sector is expected to drive the expansion of the polyethylene terephthalate (PET) cup market in the coming years. The food and beverage industry includes all stages from agricultural production and food manufacturing to distribution, retail, and hospitality services. PET cups are increasingly sought after in this sector due to the rise in takeout and food delivery services. These cups are strong, resistant to cracking and breaking, and relatively affordable. PET cups are favored in the food and beverage industry for their lightweight, shatterproof nature, recyclability, and environmentally friendly characteristics, making them a convenient choice that meets both consumer preferences and regulatory requirements. For example, in October 2024, the National Restaurant Association, a U.S.-based organization for the restaurant industry, reported a 3.7% increase in sales at eating and drinking establishments between September 2023 and September 2024. Thus, the growing demand from the food and beverage industry is contributing to the growth of the PET cup market.
Key players in the PET cups market are innovating by introducing recyclable takeaway cups to maintain their market position. Recyclable takeaway cups are designed for serving beverages on-the-go and can be processed and reused to create new products through recycling initiatives. For instance, Faerch Group, a Denmark-based manufacturer specializing in sustainable food packaging solutions, launched the Tumbler range of recyclable takeaway cups in February 2024. These cups, incorporating 30% PCR content, prioritize environmental responsibility while ensuring durability and functionality. They support the circular economy by being fully recyclable into new food packaging, maintaining high standards of food safety and quality across various lid designs and capacities to suit diverse food service needs.
In January 2024, Koninklijke Paardekooper Group, a Netherlands-based packaging supplier, acquired a stake in Circular PET to advance the circular recycling of plastic cups and trays at Dutch events, aligning with the European Commission's Single Use Plastic Directive. Circular PET specializes in manufacturing disposable PET plastic cups in the Netherlands.
Major companies operating in the polyethylene terephthalate (PET) cups market are Amcor plc, Berry Global Inc., Sonoco Products Company, Huhtamaki Oyj, Dart Container Corporation, Ningbo Yi Sheng Plastic Co. Ltd., Solo Cup Company, RPC Group Limited, Genpak LLC, Fabri-Kal Corporation, Pretium Packaging LLC, Macpac, Printpack Inc., Silgan Plastics Corporation, Anchor Packaging Inc., Placon Corporation, Alpha Packaging, NNZ Group, Airlite Plastics Company, CKF Inc., Cup Print, Temma Shiki Co. Ltd., Megafoam Containers Enterprise Sdn Bhd
North America was the largest region in the polyethylene terephthalate (PET) cups market in 2024. The regions covered in the polyethylene terephthalate (PET) cups market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the polyethylene terephthalate (PET) cups market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The polyethylene terephthalate (PET) cups market consists of sales of cold drink cups, dessert cups, portion cups, salad cups, takeout containers, and shaker cups. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Polyethylene Terephthalate (PET) Cups Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on polyethylene terephthalate (pet) cups market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for polyethylene terephthalate (pet) cups ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The polyethylene terephthalate (pet) cups market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.