Press release
Hot Drinks Packaging Market - Future Demand and Growth Analysis with Forecast 2022
The key drivers contributing to the growth of the global hot drinks packaging market are high efficiency of packaging machines, energy and cost savings due to flexible packaging and increased concern of waste disposal & sustainability. Manufacturers are introducing several innovative packaging methods to preserve the quality of hot drinks like coffee, tea and others. Coffee producers are looking for sustainable packaging materials that aim at reducing recyclability expenses and transportation costs. Companies are investing in materials that are light and cause less environmental impact.
Hot drinks packaging is widely used in coffee, tea and other hot drink products. Roasted and ground coffee contributes highest to the overall growth. The restraining factor towards the growth of the market is the increased concern of coffee staling. Materials such as glass and plastic are used for packaging hot drinks. US contributes largely to the global hot drinks packaging market, majorly due to rising annual foodservice consumption of premium tea & coffee and the increasing number of health-conscious consumers. The global hot beverage packaging market is forecasted to grow at a CAGR of 3.3% by the end of the forecasted period.
Market Segments
Global Hot Drinks Packaging Market can be segmented as follows:
• Segmentation by Material: Plastic, Glass and others.
• Segmentation by Product: Tea, Coffee and others.
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Study Objectives of Hot Drinks Packaging Market
• To provide detailed analysis of the market structure along with forecast for the next 6 years of various segments and sub-segments of the Global Hot Drinks Packaging Market
• To provide insights about factors affecting the market growth
• To analyze the Global Hot Drinks Packaging Market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.
• To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, APAC, and Rest of the World (ROW)
• To provide country level analysis of the market with respect to the current market size and future prospective
• To provide country level analysis of the market for segment by material, product, and regions
• To provide strategic profiling of the key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
• To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global Hot Drinks Packaging Market.
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Key Players:
The key players of global hot drinks packaging market report include-
• Associated British Foods
• Jacobs Douwe Egberts
• Nestle S.A
• Strauss Group Ltd.
• Tata Global Beverages Ltd.
• Unilever
• Apeejay Surrendra Group
• Bettys and Taylors Group Ltd.
• Barry’s Tea
• Cantarella Bros Pty Ltd
• Eight O'Clock Coffee Company
Target Audience
• Manufactures
• Raw Materials Suppliers
• Aftermarket suppliers
• Research Institute / Education Institute
• Potential Investors
• Key executive (CEO and COO) and strategy growth manager
Regional Analysis of Hot Drinks Packaging Market:
North America is the fastest growing region, majorly due to rising annual foodservice consumption of premium tea & coffee and the increasing number of health-conscious consumers. Asian countries, especially India, Japan, and China consume tea on a regular basis with China accounting for the largest market share in the overall tea market.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Akash Anand,
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: akash.anand@marketresearchfuture.com
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