Reusable Coffee Cup Market size was over USD 16.25 billion in 2023 and is poised to cross USD 33.82 billion by 2036, growing at more than 5.8% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of reusable coffee cup is evaluated at USD 17 billion.
The reusable coffee cup market is primarily driven by critical need to control pollution caused by plastic, world is swiftly to re-usable products including coffee cups. According to OECD database, the global plastic waste has amounted to 353 million tonnes, which has increased more than double between 2000 to 2019. Moreover, every year, nearly 3 billion coffee cups has been used and discarded away in United Kingdom, and only 1 in 400 cups is recycled.
Higher consumption of tea and coffee worldwide, is to fuel the growth of market. The total global coffee consumption is totaled to nearly 167 million 60kg coffee bags between the year 2020-2021. Furthermore, rising tourist visits and rise in number of people using online beverage delivery is expected to augment the growth of reusable coffee cup market.
Author Credits: Parul Atri
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