Global demand for paperboard cups and lids is projected to increase 4.0 percent annually to $10.2 billion in 2022, according to the study "Global Cups & Lids" from The Freedonia Group (freedoniagroup.com), a Cleveland-based industry research firm. Paperboard use will continue to grow, in part because many of the faster growing markets - especially in the Asia/Pacific region -are more reliant on paper cups for foodservice and instant noodle packaging than foam cups, which have more of a market presence elsewhere. Environmental concerns are leading a shift away from specific cup and lid materials, and single-use cups in general, among a variety of regional and foodservice markets. North America will remain the largest regional market - primarily due to the size of the quick service restaurant and coffee/snack segments in the US. Growth in the Africa/Mideast and Central and South America regions will be above average, while the much larger Asia/Pa- cific market will be limited by a slowdown in the instant noodle segment.
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