The future growth of the coffee filter paper market appears promising, poised to escalate at a CAGR of 5.3% from 2023 to 2033, reaching an estimated value of US$ 1,006.0 million by 2033. The surge in demand for coffee as a daily ritual has been a primary driver, not only in mature markets like Europe and North America but also in burgeoning markets in South and East Asia.
Factors influencing this growth include urbanization, increasing disposable incomes, and a notable uptick in global coffee consumption. The market is propelled by the high air permeability of coffee filter paper, enhancing aroma and flavor, and its recyclability, contributing to a positive industry outlook. The remarkable wet strength of coffee filter paper, ensuring stability and efficiency under high temperatures, further reinforces its potential for expansion in the coming years.
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Key Takeaways:
- By product type, cone and basket coffee filters to generate half of the total revenue
- 20 to 40 GSM coffee filter papers to expand nearly twofold throughout the forecast period
- High uptake is expected across institutional frameworks, generating over US$ 100 Mn incremental opportunity
- Preference for unbleached coffee filters is expected to register a significant incline
- US to account for over four out of five coffee filter paper sales across North America
- Growing number of specialty coffee shops to fuel sales across the UK
- Brazil to remain the global coffee filter paper powerhouse, given its lucrative share in global coffee production
Driven by the escalating demand for coffee as a daily ritual, the coffee filter paper sector has witnessed consistent demand from manufacturers. This trend is not confined to mature markets like Europe and North America but is also prominent in the rapidly growing markets of South and East Asia.
Urbanization, increasing disposable income, and a surge in worldwide coffee consumption stand as primary catalysts for market growth throughout the projection period. The pivotal role of coffee filter paper’s high air permeability, enhancing the aromatic richness and flavor of coffee, contributes to its demand. Moreover, its recyclability augments market expansion prospects, while the exceptional wet strength guarantees stability and efficiency across coffee grind sizes, even under high temperatures. These factors collectively drive the anticipated expansion of the coffee filter paper market.
“Prominent manufacturers are increasingly targeting emerging economies across the Asia-Pacific and South America, given their heightened global coffee production volumes, generating highly lucrative revenue pools for the upcoming forecast period,” remarks an FMI analyst.
Key Segments|:
Product Type
- Cone Filter
- Basket Filter
- V Cone Filter
- Disc Filter
- Drip Bag Coffee Filter
- Others
Material Type
- Bleached Paper
- Unbleached Paper
Thickness
- Up to 20 GSM
- 20 to 40 GSM
- Above 40 GSM
End-Use
- Commercial Use
- Institutional Use
- Household Use
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Prominent Drivers:
- Increasing demand for paper-based packaging to promote sustainability is heightening sales
- Easy availability attributed to the widening development of organized retail is increasing coffee filter paper penetration
- Emerging markets such as Brazil & India are expected to emerge as key coffee filter paper manufacturing hubs, attributed to increased coffee production
Key Restraints:
- Preference for low-calorie beverages is limiting global coffee consumption, leading to dwindling coffee filter paper sales
- Availability of substitutes such as automatic and semi-automatic filter machine poses a significant challenge
Author
Ismail Sutaria (Lead Consultant, Packaging and Materials) has over 8 years of experience in market research and consulting in the packaging & materials industry. Ismail’s strength lies in identifying key challenges faced by the client and offering logical and actionable insights to equip the clients with strategic decision-making power.
Ismail has been an instrumental part of several transformational consulting assignments. His key skills include competitive benchmarking, opportunity assessment, macroeconomic analysis, and business transformation advisory. Ismail is an MBA holder in Marketing and has a Bachelor’s Degree in Mathematics.
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