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Hot Drinks Packaging Market Is Expected to Grow at a CAGR of 3.3 % by 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

 

Pune, India -- (SBWIRE) -- 06/21/2017 -- Market Research Future published a half cooked research report on global hexagonal boron nitride market. The market for global hot drinks packaging market is expected to grow over the CAGR of around 3.3% during the period 2016 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.

Global Hot Drinks Packaging Market By Product in 2015 (%)

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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