Boston, MA -- (ReleaseWire) -- 07/21/2014 -- Increasing consumption of fresh coffee ground pods boosted the demand for other metal. According to trade press, the demand for machines that use coffee capsules was expected to increase by 117% in the first quarter of 2012 compared to the same period in 2011 and represented 20% of total sales of coffee machines. This implies strong growth in the consumption of pods in Argentina, where the brand Nespresso stands out.
According to industry sources, in the forecast period the number of coffee machines that use capsules will increase significantly because they were still some way from meeting their full potential as of 2012. This will boost sales of fresh ground coffee pods, which is expected to see a 25% CAGR in the forecast period.
Discover the latest market trends and uncover sources of future market growth for the Hot Drinks Packaging industry in Argentina with research from Euromonitor's team of in-country analysts.
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The Hot Drinks Packaging in Argentina market research report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volumes in units and filled volumes
- Five year forecasts of market trends and market growth
- Robust and transparent market research methodology, conducted in-country
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Product coverage: Other Hosiery, Socks, Tights.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
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