The hot drinks packaging market is expected to grow from USD 16.63 billion in 2026 to USD 25.14 billion by 2035, with a steady annual growth rate of 4.7%. This growth is mainly driven by the increasing popularity and wider variety of hot beverages being consumed around the world.
Recent Developments in Hot Drinks Packaging Market
- In December 2024, Celebration Packaging introduced festive red and green double‑walled hot drink cups that are both compostable and recyclable, made from FSC‑certified paper with a plant‑based lining for better insulation and sustainability.
- In May 2024, Faerch launched a sustainable hot‑drinks lid composed of up to 85% recycled PET, designed to be fully recyclable back into food‑grade packaging, reinforcing circular economy efforts in beverage packaging.
Key Players
- Amcor plc (Switzerland/USA)
- Tetra Pak International S.A. (Switzerland)
- Mondi Group (UK)
- Berry Global, Inc. (USA)
- Huhtamaki Oyj (Finland)
- Sonoco Products Company (USA)
- Crown Holdings, Inc. (USA)
- Ball Corporation (USA)
- Stora Enso Oyj (Finland)
- DS Smith Plc (UK)
- Sealed Air Corporation (USA)
- WestRock Company (USA)
- Graham Packaging Company (USA)
- O-I Glass, Inc. (USA)
- Printpack Inc. (USA)