Press release
Hot Drinks Packaging Market Demand, Trends and Global Forecast to 2022
Market Highlights:The rising demand of hot drinks in emerging countries has become the reason for the growth of the global hot drinks packaging market. Plastic pouches contribute largest to the market share in terms of material. Coffee and Tea industries extensively use hot drinks packaging. Manufacturers are introducing several innovative packaging methods to preserve the quality of hot drinks like coffee, tea and others. Companies are investing in materials that are light and cause less environmental impact. North America is the fastest growing region, majorly due to the increasing number of health-conscious consumers. The global hot drinks packaging market is projected to grow at a CAGR of approximately 3.3% in the forecasted period.
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Key Players of Hot Drinks Packaging Market:
• Associated British Foods
• Jacobs Douwe Egberts
• Nestle S.A
• Strauss Group Ltd.
• Tata Global Beverages Ltd.
• Unilever
• Apeejay Surrendra Group
• Bettys & Taylors Group Ltd.
• Barry’s Tea
• Cantarella Bros Pty Ltd
• Eight O'Clock Coffee Company
Market Research Analysis:
The market is highly application based. The key factors 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 source reduction & sustainability. The global hot drinks packaging market is expected to have higher growth rate as compared to the previous years. The growth of industry is further augmented by the demand from the regions of United States, India and China. North America is the largest growing region for the hot drinks packaging market, followed by Asia-Pacific and Europe. The main reasons for the growth in the region include increasing disposable income, changing lifestyle, rising annual foodservice consumption of premium tea & coffee and the increasing number of health-conscious consumers.
Brief TOC:
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Five Forces Analysis
4.1.1 Threat Of New Entrants
4.1.2 Bargaining power of buyers
4.1.3 Threat of substitutes
4.1.4 Segment rivalry
4.2 Value Chain of Global Hot Drinks Packaging Market
5 Industry Overview of Global Hot Drinks Packaging Market
5.1 Introduction
5.2 Growth Drivers
5.3 Impact analysis
5.4 Market Challenges
5.5 Impact analysis
Continue…
Scope of the Report:
This study provides an overview of the global hot drinks packaging market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific, and Rest of the World. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global hot drinks packaging market as material and product. On the basis of material it is segmented as Plastic, Glass and others. On the basis of products it is widely used in Tea, Coffee and other hot drink products.
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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.
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