The vending cups market is estimated at US$ ~2.1 Bn in 2022 and is projected to reach US$ ~2.6 Bn by 2028, at a CAGR of 3.4% from 2022 to 2028.
The vending cups market revenue totaled US$ ~2.05 Bn for 2021, according to FMI. The overall vending cups market is expected to expand 1.3x times the current market value by the end of 2028. The demand for vending cups will accelerate with the top 3 countries anticipated to hold 39.9% of vending cups market share in 2022.
Newly released data from vending cups market analysis shows that global sales of overall paper vending cups market enjoyed year-on-year (YoY) growth of 5.2% in 2021 to total US$ ~1.2 Bn. The paper vending cups segment grew is anticipated to expand at a CAGR of 4.0% during 2022-2028
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