World demand to rise 5% annually through 2017 Worldwide demand for cups and lids is projected to rise 5.0 percent per year to nearly $26 billion in 2017. Advances will be driven by above average gains for food and beverage packaging cups as well as a favorable outlook for global foodservice revenues. In particular, increases will be fueled by growth in the quick service restaurant industry, which will remain the main user of disposable cups and lids. Other factors contributing to rising cup and lid demand include an upsurge in world food and beverage processing output, increased consumer spending on …
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