The global coffee packaging market is expected to reach an estimated value of ~USD 7000 Million by 2033. By expanding at a CAGR of ~5%. The market further generated revenue of ~USD 1000 Million in the year 2022.
Major key factors propelling the growth of the coffee packaging market worldwide are the increasing use of Coffee. In Skincare Products and the rising demand for coffee because of its health benefits.
Market Definition of Coffee Packaging
Coffee has a unique aroma and taste. A variety of quite a special packaging has been developed by coffee processing companies. In order to keep all of the coffee’s vitalizing characteristics. All the way from the roasting facility to the coffee cup. The goal of packaging coffee is to protect roasted coffee from sunlight, moisture, and oxygen by enclosing it (whole bean or ground) to preserve its flavor and aroma, as well as to contain it in controlled quantities for easy distribution.
In addition to vacuum-sealed bags or jars for whole-bean coffee and freshly ground coffee, instant coffee is often packaged in airtight containers such as cans or jars.
Global Coffee Packaging Market:
Growth Drivers
The growth of the global coffee packaging market can majorly be attributed to the increase in coffee production and consumption. It was observed that nearly 350 thousand metric tons of coffee were produced in India alone by 2022. Its energy-boosting and health-promoting properties have made coffee a popular beverage throughout the world. A cup of coffee contains caffeine and other powerful active compounds that can reduce inflammation, improve mood, and help prevent illnesses.
As well as preventing type 2 diabetes, it can also prevent heart and liver diseases. Hence, such high consumption of coffee is expected to propel the demand for coffee packaging during the forecast period.
Furthermore, the availability of packaging technologies for coffee among key manufacturers is anticipated to drive market growth over the forecast period. For instance, a Swedish coffee manufacturer, Arvid Nordquist, purchased vacuum packaging technology from Syntegon Technology GmbH. CO2 emissions and petroleum-based packaging films can be reduced through this technology.
The global coffee packaging market is also estimated to grow majorly on account of the following:
- Increase in tourists worldwide
- Convenient recycling of coffee cups
- Growing awareness of caffeine’s health benefits
- Upsurge in export of coffee
- Rapid development of international coffee chains
Global Coffee Packaging Market:
Restraining Factor
Raw materials are more expensive and coffee packaging machines require a more initial investment. Hence this factor is expected to be the major hindrance to the growth of the global coffee packaging market during the forecast period.
Global Coffee Packaging Market Segmentation
The residential segment, amongst all the other segments, is anticipated to garner the largest revenue by the end of 2033. The growth of the segment can be attributed to the increase in coffee consumption at home among the global population. It was observed that global consumption of coffee was estimated to be 150 million bags weighing 60 kilograms in 2021, with approximately 75% of Indians drinking coffee during breakfast. Moreover,ready-to-drink (RTD) coffee is becoming increasingly popular among households and fitness enthusiasts owing to its calorie-free composition and growing obesity concerns. Hence, this factor is anticipated to drive segment growth over the forecast period.
- By Packaging Type (Bags & Pouches, Stick, Cans, Containers & Boxes, Sacks, and Others)
- By Material (Glass, Plastic, Metal, Paper & Paperboard, and Others)
- By Distribution Channel (Retail and Institutional Sales)
- By Region
The Europe coffee packaging market is anticipated to hold the largest market share by the end of 2033 among the market in all the other regions on account of an increasing number of coffee shops and tourists visiting Europe are driving the growth of the coffee shop industry in European countries. It was observed that the number of cafes and coffee shops operating in Europe was estimated at nearly 25,000 in 2019.
Moreover, an increase in government initiatives aimed at increasing the demand for coffee, strong demand for coffee, and a rise in personal disposable income is expected to drive the regional market during the forecast period.
The market research report on global coffee packaging also includes the market size, market revenue, Y-o-Y growth, and key player analysis applicable for the market in North America (U.S., and Canada), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), and Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa).
Key Market Players Featured
Global Coffee Packaging Market
Some of the key players in the global coffee packaging market are YETI COOLERS, LLC., Thermos L.L.C., Keurig Dr Pepper Inc., KeepCup, Crown Holdings, Inc., Syntegon Technology GmbH, DS Smith plc, ProAmpac LLC, Mondi plc, Winpack Ltd., and others.
Read More News
