Karat By Lollicup

What Karat By Lollicup does

Karat Packaging Inc., doing business as Karat By Lollicup, is a United States-based packaging products company focused on the food service industry. Founded in 2000, the company supplies disposable food packaging products, including eco-friendly options, to food service customers on a nationwide basis. Operations are conducted through its wholly-owned subsidiary Lollicup USA Inc., which relocated its headquarters from Chino, California to Rockwall, Texas in October 2025 to improve operational efficiency and better serve customers nationwide.

The company operates a horizontal distribution-led model across the food service packaging category, with management priorities centered on supply chain diversification and market share growth. It is led by co-founder and Chief Executive Officer Alan Yu, alongside co-founder and Vice President Marvin Cheng, and is reported to be a publicly traded entity under the Karat Packaging Inc. corporate umbrella, with 501-1000 employees. In Q3 2025, Karat Packaging Inc. reported record net sales of $124.5 million, reflecting the company's scale and ongoing commercial momentum in disposable and eco-friendly food service packaging.

Karat By Lollicup's business model is anchored in physical product distribution rather than technology or software. Revenue mechanics are not publicly disclosed in detail, and no specific pricing model, go-to-motion segmentation, or technology stack is described in the available source material. The company's stated emphasis on supply chain diversification suggests deliberate investment in sourcing and logistics capabilities as the primary lever for competitive positioning, while its relocation to Texas indicates a strategic re-platforming of its physical operating footprint.

Name

Karat By Lollicup

Legal name

Karat Packaging Inc.

Website

https://karatpackaging.com

Company type

Public

Founded year

2000

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Karat By Lollicup (Karat Packaging Inc.) is a US food service packaging company supplying disposable and eco-friendly packaging products nationwide through its wholly-owned subsidiary Lollicup USA Inc., now headquartered in Rockwall, Texas.

Ownership category

akta.pro rank

Product category

Foodservice Disposable Packaging

NAICS

Glass Container Manufacturing (327213)

SIC

Glass Containers (3221), Food And Kindred Products (2000)

akta.pro primary industry

Foodservice/To-Go Packaging (Cups, Clamshells, Cutlery) (IMALAHAM)

akta.pro secondary industry

Disposables & Single-Use Foodservice Products Wholesale (AFAIALAC)

Keywords

• Disposable food packaging
• Foodservice supplies
• Eco-friendly packaging
• Beverage containers
• Paper packaging products

Headquarters

HQ city

Chino

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Others

Core offering

Karat by Lollicup manufactures and distributes disposable food packaging products, including eco-friendly options, for the U.S. foodservice industry. Products are sold through its wholly owned subsidiary, Lollicup USA Inc., serving restaurants, cafes, and other food-and-beverage operators nationwide.

Product overview

Karat Packaging Inc., operating as Karat By Lollicup, is a packaging products company. The company operates as a subsidiary of Lollicup USA Inc., which was relocated from Chino, California to Rockwall, Texas in October 2025. Based on the financial results showing record net sales of $124.5 million in Q3 2025, the company focuses on packaging products with an emphasis on supply chain diversification and market expansion. No specific product catalog or product listings were accessible from the source material provided.

Differentiator

Problem solved

Functional benefit

Products and services

• Disposable food packaging products Disposable cups, containers, lids, straws, and related single-use packaging items sold to U.S. foodservice businesses including restaurants, cafes, and other food-and-beverage operators.
• Eco-friendly food packaging products Environmentally focused disposable food packaging products offered to U.S. foodservice operators seeking sustainable single-use alternatives.

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators2 records

Recent moves4 records

Expansion highlights3 records

Broad incumbents

• Pactiv Evergreen: One of the largest North American foodservice and beverage packaging manufacturers, offering cups, containers, cutlery and cartons. Direct overlap with Karat By Lollicup's core product categories, but at materially greater scale and with vertically integrated manufacturing.
• Huhtamaki: Global foodservice packaging manufacturer supplying cups, plates, containers, and folding cartons to QSR and foodservice operators. Comparable to Karat By Lollicup in product mix and customer base, with significantly larger geographic reach and R&D resources.
• Berry Global Group: Diversified global packaging manufacturer with a substantial foodservice packaging division. Overlaps with Karat By Lollicup's product portfolio but operates across many end markets including healthcare, beauty, and industrial.
• Novolex: Large North American packaging company producing paper, plastic, and compostable foodservice products under multiple brands including Eco-Products. Direct competitor at scale in the same categories Karat serves.

Direct peers

• Dart Container Corporation: Major U.S. manufacturer of disposable foodservice products including cups, lids, containers, and tableware. Closely matches Karat By Lollicup's product offering and foodservice customer base, with a strong focus on national distribution.
• Sabert Corporation: Manufacturer of sustainable and conventional foodservice packaging including clamshells, bowls, trays, and lids. Comparable mid-sized competitor focused on the same QSR, foodservice, and retail deli channels that Karat serves.
• Genpak: North American manufacturer of disposable foodservice packaging, including plastic and fiber-based containers, cups, and lids. Directly comparable product portfolio and target foodservice customers.
• Anchor Packaging: Manufacturer of rigid plastic and polypropylene foodservice packaging, including hinged containers, clamshells, and deli containers. Comparable product mix and target customers in the foodservice and supermarket deli channels.
• Eco-Products (Novolex): Pioneer in compostable and recycled-content foodservice packaging, now part of Novolex. Directly comparable to Karat By Lollicup's eco-friendly product line and competes for the same environmentally conscious foodservice accounts.
• WinCup: Manufacturer of disposable cups, lids, and straws for foodservice and retail. Directly comparable product offering with similar target customers, including growing presence in compostable and bio-based cups.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks4 records

Key highlights6 records

Customer concentration

• Xx.com/KaratbyLollicup
• Facebookfacebook.com/KaratbyLollicup
• LinkedInlinkedin.com/company/lollicup-usa-inc

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Karat By Lollicup