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US cup and lid demand to approach $9 billion

CLEVELAND (Aug. 30, 1 p.m. ET) – U.S. demand for cups and lids will increase about 4.1 percent annually to reach $8.9 billion in 2016, according to a new report. Growth drivers include specialty beverages like premium coffee, specialty coffee drinks, iced coffee and smoothies sold by quick-service restaurants.

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