(Food-Beverage-News.Com, March 20, 2018 ) Publisher’s market research analyst predicts the hot drinks packaging market in the US to grow at a moderate CAGR of around 3% during the forecast period. Owing to the growing need to preserve the quality of hot drinks like coffee, improve their shelf appeal and maintain freshness and aroma, manufacturers are introducing several innovative packaging methods. Coffee producers in the US are looking for sustainable packaging materials that aim at reducing transportation and recyclability expenses. Several packaging companies are investing in materials that are light and cause less environmental impact. They are increasingly using metalized sealants or plastic films that can be easily recycled and protect the freshness of the product. Stand-up pouches with gas valves and reclosable zippers are the most used packaging products by coffee vendors in the US. Moreover, to increase their manufacturing production, several US vendors in the coffee industry are also using vertical packaging equipment due to its excellent packing abilities and high operational efficiency. These vertical form fill sealing (VFFS) machines exhibit speeds up to 50 cycles per minute, which will further augment the growth prospects for this market in the coming years.
This market analysis observes the projected rise of private labels in the US hot drinks market who are offering a wide range of coffee products at affordable prices compared to branded products. These private label coffee producers are focusing on innovative packaging designs to boost their sales and increase brand loyalty for their products compared with big coffee labels. Private-label coffee manufacturers in the US like K&F Coffee and Specialty Java are paying more attention to the packaging of coffee products. They are custom designing the products as per the needs of the customers. Specialty Java provides a wide variety of packaging including fractional and single-serve. It offers packaging that is flushed with nitrogen to provide long-term freshness to the packaged coffee.
The hot drinks market in the US is highly fragmented with the presence of many small and private-label packaging vendors catering to the market. The growing preferences for hot drinks in the US is contributing to the demand for coffee products with convenient and innovative packaging that come with increased shelf life. This increase in consumers’ demand has intensified competition in the market, where the players are constantly contending in terms of price, quality, sustainability, and product differentiation to gain traction in the market.
Leading vendors in the market are -
Amcor
Ball Corporation
Bemis
Graham
Mondi
Owens-Illinois
Printpack
Other prominent vendors in the hot drinks packaging market in the US include Silgan Holdings, All American Containers, Aptar Group, Crown Holdings, and Mead Westvaco.
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