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Plastic will still be the main market for the cup cover material

paper glass cover machine A recent American cup cover market development steady, the demand for plastic strength is increasing. The report pointed out that in recent years the plastic cup cover the future will still be the most popular on the market of the material, and will increase at a steady rate of 4%. The plastic cup cover market is expected in 2018 is expected to exceed $10 billion mark, to $11 billion 100 million.
Plastic cup cover market will still be the main material
paper glass cover machine

paper glass cover machine

Freedonia Group said that the future will become the field of container demand growth pushed up the main driving force of plastic cup cover Market trends. In recent years, open the container and disposable plastic packing box for preventing children and much sought after market, these containers selling directly to the plastic cup cover Market demand. At the same time, the research institutions, some non cover packaging products such as aluminium cans, cover plate package will also appear in restricting the rapid development of plastic industry, the cup cover.
The report said, the next few years, various restaurants and retail shops will be the plastic cup cover two terminal application market. Because of these two major areas of beverage sales concentrated area.
Market analysts pointed out that in addition to the traditional carbonated beverages, are increasingly expanding the scope of application of plastic cup cover in yogurt, Instant Coffee, tea and other special drinks in. In the market of plastic beverage bottle, the proportion increased year by year, and has the potential to replace the metal material. Data show that in 2013 accounted for 49% of plastic cup cover, metal cup cover accounted for 48%. 2017 plastic cup cover market share is expected to reach 52%.
For the materials, the next few years, the cup cover mainly thermoplastic resin based. Among them, the use of PP and PET will be more than PS. Moreover, during the period of 2014-2018 plastic cup cover the fastest growing countries will be India and Chinese, followed by Indonesia, Russia, Brazil and Mexico.

Kevin Luo
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