Reusable Coffee Cup Market Trends

  • Report ID: 2525
  • Published Date: Sep 03, 2024
  • Report Format: PDF, PPT

Reusable Coffee Cup Market Trends

Growth Drivers

  • Increased Penetration of Tourist Across the World - The practices of sustainable tourism have prompted the use of reusable cups in hotels, café and even by tourist themselves. Rising tourism is to increase the sales of reusable cups. According to UNWTO World Tourism Barometer, approximately 250 million tourist arrivals are reported in the first five months of 2022.
  • Rising Use of Reusable Cups - Increased demand of reusable cups has been the most prominent trend in recent years. People have developed sensitivity towards environment and many have opted customized reusable cups. The United States, massive coffee chain Starbucks have reported nearly 157% rise in usage of reusable cups in various stores in London.
  • Higher Prevalence of Online Delivery Services - With the rising popularity of online food delivery, people are ordering food at their convenience and consuming re-usable utensils including plates, cups, forks and others at their place. Nearly 2,600 million people are expected to order food online by 2027.
  • Growing Need to Curb the Plastic Waste Pressure on Earth - Plastic waste has drastically increased in past few years. To control the more use of plastic is imperative to save the environment. Substituting plastic cups with re-usable cups is a prominent step to save nature. According to UN Environment Programme statistics, every year, 400 million tons of plastic waste is generated every year.
  • Higher Number of People Consuming Coffee - The growing obsession of people with coffee is expected to propel the reusable coffee cup market. In 2018, UK’s consumption of coffee was nearly 95 million cups a day.

Challenges

  • Uncertain Price of Raw Material Required for Making Reusable Cup
  • Rising Need for Safety During COVID-19 Pandemic
  • Few People Find It Difficult to Carry Around or to Wash It Every Time After Using

    During pandemic, single-use cups were used most, to prevent the risk of contamination by using the re-usable cups used by somebody else. Even restaurants and café were providing utensils for only one-time use. Therefore, fear of contamination is to hamper the reusable coffee cup market growth.

Reusable Coffee Cup Market: Key Insights

Base Year

2023

Forecast Year

2024–2036

CAGR

5.8%

Base Year Market Size (2023)

USD 16.25 billion

Forecast Year Market Size (2036)

USD 33.82 billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Browse Key Market Insights with Data Illustration:


Author Credits:  Parul Atri


  • Report ID: 2525
  • Published Date: Sep 03, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of reusable coffee cup is evaluated at USD 17 billion.

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. Higher number of coffee consumers, rise in reusable cups, increased tourism and rising need to reduce plastic waste will fuel the market growth.

Europe is anticipated to hold highest industry share of 37% by 2036, attributed to increasing number of coffee shops in the region.

The major players in the market are Thermos L.L.C., GlobalWAKEcup, KeepCup, Circular&Co., Frank Green, Ecoffee Cup, Tread Light Ltd., Klean Kanteen, Tefal, Joco Cups, Keurig Green Mountain, Inc., and YETI COOLERS, LLC.
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