Press release
Rising Trends and Demand for Hot Drinks Packaging Market in the Global Market: Research Insights by MRFR
Market Research Future published a research report on “Global Hot Drinks Packaging Market Research Report- Forecast 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.Global Hot Drinks Packaging Market Information by Material (Plastic, Glass and others), by Product (Tea, Coffee and others), and by Region – Forecast to 2022
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 are some of the prominent players at the forefront of competition in the global Hot Drinks packaging market and are profiled in MRFR Analysis.
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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.
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.
Global Hot Drinks Packaging Market - Competitive Analysis
Hot Drinks packaging industry has seen significant growth in last few years due to its demand from all income groups, and supportive government policies on food safety. The market is expected to show similar growth in coming time due to various technological advancement along with increased awareness about packaging and its harmful effects.
Amcor receives gold for Vento coffee packaging at DuPont Awards 2017. The global packaging company received a gold award in the Technological Advancement and Responsible Packaging categories for its Vento coffee packaging; silver for the 20-ounce Vitaminwater bottle in the Responsible Packaging category; and – in partnership with Crown Holdings Inc. – a gold award for Peelfit in the Technological Advancement and Responsible Packaging categories.
In Jan 2018, created through a partnership between Gosport Borough Council and paper cup manufacturer Huhtamaki, the scheme will pilot a collection and recycling service for used coffee cups for residents and businesses. It will provide dedicated cup recycling bins at sites across Gosport including the ferry port (used by commuters as well as tourists) and council-owned premises such as the town hall and the leisure centre, with plans to extend collection points to main high street locations, local offices and transport providers in the future.
In July 2017, following the successful launch of the Draft Latte, a distinctive crafted coffee drink using Crown’s InnoValve technology, La Colombe Coffee Roasters and CROWN Beverage Packaging North America, a business unit of Crown Holdings Inc., have partnered again to bring another unique experience to coffee lovers everywhere. The MiniVault, a pre-portioned single-use can, delivers café quality ground coffee to consumers in a vessel that is both convenient for at-home use and extends the shelf life up to five times.
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Global Hot Drinks Packaging Market - Segments
Global Hot Drinks Packaging Market is segmented in to 3 Key dynamics for an easy grasp and enhanced understanding.
Segmentation By Material : Comprises – Plastic, Glass and others
Segmentation By Product : Comprises – Tea, Coffee and others
Segmentation By Regions : Comprises Geographical regions - North America, Europe, APAC and Rest of the World
Global Hot Drinks Packaging Market - Regional Analysis
APAC accounts for the largest market share in the Hot Drinks packaging market. It is expected to experience the fastest growth during the forecasted period due to the economic growth of China and India. The region offers flourishing market for such technological advanced packaging solutions. The increasing dependency on store bought Hot Drinkss, and the changing consumption patter along with the increasing demand of packaged food and beverages in countries like China and India has spiked the market growth.
Furthermore the growing awareness towards food safety and harmful effects of the packaging material used for food & beverages has induced the growth in aseptic type of packaging in Asia Pacific region. The governments have also seen promoting the food safety regulations.
North America has witnessed increased investment in the R&D and product innovation as far as packaging is concerned. Furthermore, the stringent food safety policies in the countries of the U.S. and Canada drives the demand of Hot Drinks Packaging in the beverage sector.
The report for Global Hot Drinks Packaging Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
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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
6 Market Trends
6.1 Introduction
6.2 Growth Trends
6.3 Impact Analysis
7. Global Hot Drinks Packaging Market By Region
8. Global Hot Drinks Packaging Market By Material
9. Global Hot Drinks Packaging Market By Product
10. Company Profiles
About Us:
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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