Global Hot Drinks Packaging Market Size Study, by Material (Plastic, Glass, Paper), Product (Coffee, Tea), and Regional Forecasts 2022-2032

Description

The Global Hot Drinks Packaging Market, valued at approximately USD 12.55 billion in 2023, is projected to exhibit a steady growth trajectory with a compound annual growth rate (CAGR) of 4.60% during the forecast period 2024-2032, culminating in an estimated market valuation of USD 18.81 billion by 2032. Hot drinks packaging plays a pivotal role in maintaining the quality, flavor, and temperature of beverages while enhancing their visual appeal and convenience. With the rising consumer inclination towards premium beverages and sustainable packaging, the market is witnessing transformative innovations.

The demand for hot drinks packaging is significantly influenced by the booming coffee and tea industries. Consumers' preference for ready-to-drink and on-the-go beverage options has driven the adoption of innovative packaging designs that prioritize portability and user-friendliness. Materials like plastic and paper dominate the market due to their versatility, while glass is gaining traction as an eco-friendly alternative in premium product segments. Furthermore, the advent of recyclable and biodegradable packaging solutions has reshaped the market dynamics, aligning with global sustainability goals.

However, challenges such as fluctuating raw material costs and stringent environmental regulations pose hurdles to market growth. To counter these, industry players are actively investing in advanced technologies and material innovations to develop cost-effective yet sustainable packaging solutions. The integration of smart packaging features, such as QR codes for brand engagement and product traceability, has also emerged as a game-changer in the competitive landscape. Emerging markets in Asia-Pacific and Latin America present untapped potential, driven by expanding middle-class populations and increasing urbanization.

Geographically, North America leads the hot drinks packaging market, fueled by robust coffee culture and the presence of key market players. Europe follows closely, driven by strong consumer demand for tea and strict sustainability mandates. Meanwhile, the Asia-Pacific region is expected to record the fastest growth, propelled by rising disposable incomes, growing urbanization, and the burgeoning middle-class consumer base in countries such as China and India.

Major market players included in this report are:

Amcor Plc
Tetra Pak International S.A.
Ball Corporation
DS Smith Plc
Mondi Group
Crown Holdings, Inc.
Ardagh Group S.A.
Sonoco Products Company
International Paper Company
Smurfit Kappa Group
WestRock Company
Bemis Company, Inc.
Huhtamaki Oyj
Sealed Air Corporation
Packaging Corporation of America

The detailed segments and sub-segments of the market are explained below:

By Material:

Plastic
Glass
Paper

By Product:

Coffee
Tea

By Region:

North America:

U.S.
Canada

Europe:

UK
Germany
France
Spain
Italy
Rest of Europe

Asia-Pacific:

China
India
Japan
Australia
South Korea
Rest of Asia-Pacific

Latin America:

Brazil
Mexico
Rest of Latin America

Middle East & Africa:

Saudi Arabia
South Africa
Rest of Middle East & Africa

Years considered for the study are as follows:

Historical Year - 2022
Base Year - 2023
Forecast Period - 2024 to 2032

Key Takeaways:

Comprehensive market estimates and forecasts spanning a decade from 2022 to 2032.
Regional and segmental revenue analysis, providing actionable insights.
Evaluation of competitive strategies employed by major players.
Exploration of advancements in sustainable and smart packaging solutions.
Detailed segmentation analysis by material and product.
Regional trends and opportunities, emphasizing untapped growth areas.

Chapter 1. Global Hot Drinks Packaging Market Executive Summary

1.1. Global Hot Drinks Packaging Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Material
- 1.3.2. By Product
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Hot Drinks Packaging Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory Frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Hot Drinks Packaging Market Dynamics

3.1. Market Drivers
- 3.1.1. Rising Demand for Premium Beverages
- 3.1.2. Sustainability Initiatives in Packaging
- 3.1.3. Innovations in Packaging Materials
3.2. Market Challenges
- 3.2.1. Fluctuating Raw Material Costs
- 3.2.2. Stringent Environmental Regulations
3.3. Market Opportunities
- 3.3.1. Investment in Recyclable and Biodegradable Packaging
- 3.3.2. Adoption of Smart Packaging Solutions
- 3.3.3. Expansion in Emerging Markets

Chapter 4. Global Hot Drinks Packaging Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Hot Drinks Packaging Market Size & Forecasts by Material 2022-2032

5.1. Segment Dashboard
5.2. Global Hot Drinks Packaging Market: Material Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 5.2.1. Plastic
- 5.2.2. Glass
- 5.2.3. Paper

Chapter 6. Global Hot Drinks Packaging Market Size & Forecasts by Product 2022-2032

6.1. Segment Dashboard
6.2. Global Hot Drinks Packaging Market: Product Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 6.2.1. Coffee
- 6.2.2. Tea

Chapter 7. Global Hot Drinks Packaging Market Size & Forecasts by Region 2022-2032

7.1. North America Hot Drinks Packaging Market
- 7.1.1. U.S. Hot Drinks Packaging Market
  - 7.1.1.1. Material Breakdown Size & Forecasts, 2022-2032
  - 7.1.1.2. Product Breakdown Size & Forecasts, 2022-2032
- 7.1.2. Canada Hot Drinks Packaging Market
  - 7.1.2.1. Material Breakdown Size & Forecasts, 2022-2032
  - 7.1.2.2. Product Breakdown Size & Forecasts, 2022-2032
7.2. Europe Hot Drinks Packaging Market
- 7.2.1. UK Hot Drinks Packaging Market
- 7.2.2. Germany Hot Drinks Packaging Market
- 7.2.3. France Hot Drinks Packaging Market
- 7.2.4. Spain Hot Drinks Packaging Market
- 7.2.5. Italy Hot Drinks Packaging Market
- 7.2.6. Rest of Europe Hot Drinks Packaging Market
7.3. Asia-Pacific Hot Drinks Packaging Market
- 7.3.1. China Hot Drinks Packaging Market
- 7.3.2. India Hot Drinks Packaging Market
- 7.3.3. Japan Hot Drinks Packaging Market
- 7.3.4. Australia Hot Drinks Packaging Market
- 7.3.5. South Korea Hot Drinks Packaging Market
- 7.3.6. Rest of Asia-Pacific Hot Drinks Packaging Market
7.4. Latin America Hot Drinks Packaging Market
- 7.4.1. Brazil Hot Drinks Packaging Market
- 7.4.2. Mexico Hot Drinks Packaging Market
- 7.4.3. Rest of Latin America Hot Drinks Packaging Market
7.5. Middle East & Africa Hot Drinks Packaging Market
- 7.5.1. Saudi Arabia Hot Drinks Packaging Market
- 7.5.2. South Africa Hot Drinks Packaging Market
- 7.5.3. Rest of Middle East & Africa Hot Drinks Packaging Market

Chapter 8. Competitive Intelligence

8.1. Key Company SWOT Analysis
- 8.1.1. Amcor Plc
- 8.1.2. Tetra Pak International S.A.
- 8.1.3. Ball Corporation
8.2. Top Market Strategies
8.3. Company Profiles
- 8.3.1. Amcor Plc
  - 8.3.1.1. Key Information
  - 8.3.1.2. Overview
  - 8.3.1.3. Financial (Subject to Data Availability)
  - 8.3.1.4. Product Summary
  - 8.3.1.5. Market Strategies
- 8.3.2. Tetra Pak International S.A.
- 8.3.3. Ball Corporation
- 8.3.4. DS Smith Plc
- 8.3.5. Mondi Group
- 8.3.6. Crown Holdings, Inc.
- 8.3.7. Ardagh Group S.A.
- 8.3.8. Sonoco Products Company
- 8.3.9. International Paper Company
- 8.3.10. Smurfit Kappa Group
- 8.3.11. WestRock Company
- 8.3.12. Bemis Company, Inc.
- 8.3.13. Huhtamaki Oyj
- 8.3.14. Sealed Air Corporation
- 8.3.15. Packaging Corporation of America

Chapter 9. Research Process

9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes