Press release
Hot Drinks Packaging Market : North America is the Fastest Growing Region, Through 2022
Market Synopsis of Hot Drinks Packaging Market
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.
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Regional Analysis of Global 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.
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 & Taylors Group Ltd., Barry’s Tea, Cantarella Bros Pty Ltd and Eight O'Clock Coffee Company.
BRIEF TOC:
1. EXECUTIVE SUMMARY
2. RESEARCH METHODOLOGY
3. MARKET DYNAMICS
4. GLOBAL MARKET SEGMENTATION
5. REGIONAL MARKET ANALYSIS
6. COMPETITIVE ANALYSIS
7. CONCLUSION
8. LIST OF TABLES
9. LIST OF FIGURES
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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.
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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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Market Research Future
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