The coffee bags market is anticipated to expand its roots at an average CAGR of 5.2% between 2023 and 2033. The market is expected to have a market share of US$ 1022.8 million by 2033 while it is likely to be valued at US$ 616.1 million in 2023
- The advanced packaging solutions, easy-to-use, and easy-to-store packets are flourishing in the market growth. Furthermore, the rising awareness around the health benefits of coffee for fitness enthusiasts is expected to garner market growth.
- The special market for different flavors such as mocha, hazelnut, Irish cream, and plain coffee is likely to propel the market growth. Alongside this, affordable coffee pouches are an active element of the urban office lifestyle.
Request a Sample Report! https://www.futuremarketinsights.com/reports/sample/rep-gb-13691
- Customized coffee bags with any design possible along with the new drip bags are gaining traction in the market. Many people traveling to remote places also carry coffee bags to survive the wild.
- Tea and green tea bags did exist before, but coffee filled in a bag helps the end user consume caffeine anywhere, anytime. The increased number of players in the market with different ideas is increasing the competition, increasing the quality of the coffee and packaging.
- An increasing number of cafes and restaurants along with movie and seminar halls are projected to add value to the market.
Key Points
- The United States market leads the coffee bags market in terms of market share in North America. The United States region held a market share of 13% in 2022. The growth in this region is attributed to the expanding corporate culture, new experimental brands, and higher imports. North American region held a market share of 15.4% in 2022.
- Germany’s market is another important market in the Europe region. The market thrived at a market share of 5.3% in 2022. The growth is attributed to coffee being a cultural drink, several café and restaurants serving coffee, and an increasing number of tourists visiting Germany and other cities of Eastern Europe. Europe Region held a leading market share of 34.9% in 2022.
- China’s coffee bags market thrives at a CAGR of 5.9% during the forecast period. The growth is caused by rising corporate culture and a higher coffee-consuming generation.
- India’s market thrives at a CAGR of 4.8% between 2023 and 2033.
- Based on material type, the paper and paperboard segment lead the market as it held a significant share of 43.2% in 2022.
- Based on the product type, the standup and flat coffee segment leads the market as it held a leading market share of 37.9% in 2022.
Get in Touch with Our Sales Team to Secure Your Copy of the Report Now! https://www.futuremarketinsights.com/checkout/13691
Competitive Landscape
The key vendors focus on delivering high-quality coffee with secure, presentable, and customizable coffee. Key competitors also merge, acquire, and partner with other companies to increase their supply chain and distribution channel.
Recent Market Developments
- Based out of China, TedPack Company Limited has launched its hand-crafted rose rock coffee. The packaging is customizable with a quote custom print service within 24 hours.
- Polymerall has introduced its coffee bags of different shapes and sizes with superior oxygen & moisture barrier, convenient re-selling features, degassing valves, and high-definition flexographic printing.
Key Segments Covered
By Product Type:
- Side Gusseted Bag
- Block Bottom Bag
- Stand up and Flat Pouch
- Tin Tie Paper Bag
- Bag-in-Box
By Material:
- Plastic
- Paper and Paperboard
- Metal
By Distribution Channel:
- Retail Sales
- Institutional Sales
Key Regions Covered:
- North America
- The United States
- Canada
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Europe
- Germany
- The United Kingdom
- France
- Spain
- Russia
- Rest of Europe
- Japan
- Asia Pacific Excluding Japan
- China
- India
- Malaysia
- Singapore
- Australia
- Rest of Asia Pacific Excluding Japan (APEJ)
- The Middle East and Africa
- GCC Countries
- Israel
- South Africa
- The Middle East and Africa (MEA)
About Future Market Insights Inc. (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube