The report forecasts the hot drinks packaging market in the US to grow at a CAGR of 2.93% during the period 2016-2020. Coffee exports in the US are estimated to be worth $4 billion in 2016, with Americans consuming 400 million cups of coffee every day, making them the leading consumers of coffee in the world.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
According to the report, increased concern of source reduction and sustainability will be a key driver for market growth. Innovative flexible packaging like using metalized sealant films has helped vendors cut down source reduction by 30% and has reduced coffee package size from 8 pounds to 5 pounds. Coffee producers in the US are looking for sustainable packaging materials that aim at reducing transportation and recyclability costs. Packaging companies are investing in materials that are light and cause less environmental impact. Freshly roasted coffee is primarily packaged in containers with barrier properties to protect it from becoming stale.
Further, the report states that susceptibility of ethylene vinyl alcohol (EVOH) to oxygen and moisture poses a challenge for coffee packaging.
- Graham Packaging
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by material type
PART 07: Market segmentation by product type
PART 08: Key drivers
PART 09: Impact of drivers
PART 10: Key challenges
PART 11: Impact of drivers and challenges
PART 12: Key trends
PART 13: Vendor landscape
PART 14: Key vendor analysis
PART 15: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/dj6qtc/hot_drinks.