PROSPECTS AND OPPORTUNITIES
Paper refill packs to become increasingly popular, boosted by consumption at home
Total hot drinks packaging volumes in Singapore are forecast to grow at a compound annual growth rate (CAGR) of 2% over the forecast period, reaching 99 million units. This growth will be underpinned by several key factors, including shifting consumer preferences, heightened sustainability initiatives, and the introduction of innovative packaging solutions.
Smaller packs likely to be in focus as brands innovate with new, more sustainable products
Amidst the escalating demand for sustainable practices, brand owners are presented with a unique opportunity to underscore their commitment to environmental stewardship. This growing trend serves as a platform for brands to showcase their dedication to eco-conscious initiatives, hoping to resonate with environmentally-conscious consumers.
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Overview:
Understand the latest market trends and future growth opportunities for the Hot Drinks Packaging industry in Singapore with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Hot Drinks Packaging industry in Singapore, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Hot Drinks Packaging in Singapore report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Hot Drinks Packaging in Singapore?
- Which are the major pack types and how are they performing in Singapore?
- Have there been any packaging legislative changes in the past 12 months?
- How are consumption trends impacting the packaging landscape?
- What are the key trends and latest product developments in packaging?
- How important are sustainability and recycling to consumers in Singapore?
- Where is future growth expected to be most significant?
Hot Drinks Packaging in Singapore
KEY DATA FINDINGS
Only low growth, as rising commodity prices put pressure on packaging volumes
Brands move towards sustainable and more convenient packaging options
Folding cartons is an increasingly popular pack type, aligning with sustainability demands
Paper refill packs to become increasingly popular, boosted by consumption at home
Smaller packs likely to be in focus as brands innovate with new, more sustainable products
DISCLAIMER
The following categories and subcategories are included:
Hot Drinks Packaging
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- Fresh Coffee Beans
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- Fresh Ground Coffee Pods
- Standard Fresh Ground Coffee
- Instant Coffee
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- Black Tea
- Green Tea
- Fruit/Herbal Tea
- Instant Tea
- Other Tea
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- Flavoured Powder Drinks
- Other Plant-based Hot Drinks
Hot Drinks Packaging
This is the aggregation of coffee, tea and other hot drinks.
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Hot Drinks Packaging research and analysis database.
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