In 2023, the global degassing valve market is estimated at approximately $146 million. This market segment accounts for 4 to 6% of the entire global coffee packaging market, according to FMI. The continuous adoption of degassing valves within the food and beverage sector is expected to drive a steady 5% compound annual growth rate (CAGR) until 2033. This growth trajectory positions the market’s value to reach an impressive $237.8 million by 2033.
Degassing valves play a vital role in preserving the quality of various commodities within packaging bags and pouches. They enable effective storage, shipping, and distribution processes, particularly for products like coffee. Consequently, even small-scale food industries are actively embracing one-way degassing valves due to their manifold advantages.
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Primarily employed in premium food packaging, such as coffee bags and upmarket pouches, one-way degassing valves ensure proper degassing mechanisms. These valves are now increasingly accessible through supermarkets and local stores, amplifying their domestic use.
Traditionally associated with commercial entities using vacuum degassing techniques for coffee powder preparation, the retail sector has swiftly emerged as a significant distribution channel for degassing valve machines, marking an evolution in market dynamics.
Key Takeaways from the Degassing Valves Market Study Report
- Sales of degassing valves are projected to expand up to 1.5x of the current market value in the next ten years.
- Higher consumption of all types of coffee products in the United States makes it the leading user of degassing valves. Currently, it accounts for nearly 13.5% of the total revenue generated by the one-way degassing valves market globally.
- Many European countries now follow the United States in the consumption of coffee-based beverages that are imported and locally produced. Germany is the prominent country for the production of coffee bag degassing valves with a global market share of 5.1%.
- The demand for degassing valves in the United Kingdom is growing at a faster rate. According to the FMI report, the sales of degassing valves in this country are projected to grow at 3.7% through 2033.
- In the Asia Pacific region, China is the leading country for the production of vacuum degassing valves. With a strong base for manufacturing industries, the Chinese degassing valves market is predicted to follow a 6.9% CAGR through 2033.
- The popularity and quantity of coffee consumed in India are growing perceivably owing to having a favorable demographic advantage. During the forecast years, the demand for degassing valves is predicted to progress at an above-average rate of 5.3%.
- Australia is notably known for its higher demand for coffee-based products and drinks globally. As per the FMI survey report, currently, it holds a market share of 4.2% while Japan contributes only 2.8%.
- Based on product type, the filter-integrated degassing valves are the dominant segment with a 73.6% market share. In the year 2022, the net worth of revenue accrued from sales of degassing valves with the integrated filter was around US$ 103.5 million.
- The one-way degassing valves are still prominently used for packaging roasted coffee beans and powder. As per the FMI, this end-user segment contributes almost 70.9% of the revenue generated by the global market.
Key Companies Profiled
- CCL Industries
- Syntegon Technology GmbH
- FLAIR Flexible Packaging Corporation
- Goglio SpA
- Amcor plc
- Plitek Valves Inc.
- TricorBraun Flex
- Wipf Holding AG
- Tungyi Hardware Co., Ltd
- Fres-co System USA
- UrthPact, LLC
Degassing Valve Market By Category
Product Type:
- Filter Integrated Valves
- Non-Filter Integrated Valves
Material:
- PE Valves
- PP Valves
- Bio-based
- Silicone
Packaging Format:
- Bags
- Pouches
End Use:
- Coffee
- Dairy
- Pet Food
- Fermented Food
Competition Landscape
CCL Industries, Goglio SpA, Fres-co System USA, Inc are the top players operating in the global degassing valve market. Furthermore, TricorBraun Flex, Plitek Valves Inc., Syntegon Technology GmbH, FLAIR Flexible Packaging Corporation, Layfield Group. Ltd., Amcor plc are among the leading players operating in the market.
The Tier 3 players in the market hold 35-45% in the global degassing valve market. In conclusion, key players contribute almost 55-65% of the global degassing valve market.
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Leading players operating in the global degassing market are investing in research and development to develop flexible packaging solutions for coffee and other products. In addition to this, players are investing in mergers, acquisitions, and collaborations to gain a competitive edge in the market.
Key Questions Answered in the Report:
(1) What are the growth opportunities for the new entrants in the Global Degassing Valves industry?
(2) Who are the leading players functioning in the Global Degassing Valves marketplace?
(3) What are the key strategies participants are likely to adopt to increase their share in the Global Degassing Valves industry?
(4) What is the competitive situation in the Global Degassing Valves market?
(5) What are the emerging trends that may influence the Global Degassing Valves market growth?
(6) Which product type segment will exhibit high CAGR in future?
(7) Which application segment will grab a handsome share in the Global Degassing Valves industry?
(8) Which region is lucrative for the manufacturers?
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