The worldwide coffee pouch market is estimated to reach US$ 822.87 million in 2023 and is anticipated to reach US$ 1,450 million by displaying a CAGR of 5.8% from 2023 to 2033. From 2018 to 2022, there was a 4% CAGR growth in the market for coffee pouches. Booming coffee sales, fueled by increased millennial and Gen Z coffee consumption, are a major driver of the coffee pouch market’s expansion. Their growing preference for pouch-form packaging is influencing the direction of market evolution.
Due to its various advantages, such as being flexible, lightweight, and taking up less space, pouches are increasingly in demand in the coffee packaging industry. What’s more, this kind of packaging uses a lot less raw materials. The use of paper coffee pouches will grow significantly with a drive for the use of sustainable packaging options. The paper segment is expected to grow by 1.3x during the projected period, which would help the industry as a whole thrive. Companies in the coffee packaging market are in high demand for paper coffee packaging with windows and valves.
For More Insights on this Market, Get A Sample Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-12964
By owning more than 38.7% of the market by the end of the projection period, North America is expected to dominate. The region’s rise is mostly attributable to elements like increased coffee consumption and the significant presence of businesses like Black Rifle Coffee Company and Colectivo Coffee Roasters in the area.
On the other side, Asia Pacific is anticipated to grow at the quickest CAGR of 5.6% over the projection period. With rising coffee exports from these nations, India and China have become potentially attractive markets. More than half of the market shares in the Asia Pacific region are anticipated to come from emerging economies collectively.
Key Benefits for Coffee Pouch MarketMarket:
• Porter’s five forces analysis helps to analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
• Major countries in each region have been mapped according to their individual revenue contribution to the global market.
• It outlines the current trends and future scenario of the market from 2023 to 2033 to understand the prevailing opportunities and potential investment pockets.
• The profiles of key players along with their key strategic developments are enlisted in the report.
• The key drivers, restraints, and opportunities and their detailed impact analyses are elucidated in the study.
Are you looking for customized information related to the latest trends, drivers, and challenges? @ https://www.futuremarketinsights.com/customization-available/rep-gb-12964
Coffee Pouch Market: Key Players
Some prominent players in the global coffee pouch market are as below:
- Amcor Limited
- WestRock Company
- Bemis Co Inc.
- Mondi PLC
- DS Smith PLC
- ProAmpac LLC
- Graham Packaging Company, L.P.
- Pacific Bag, Inc.
- Crown Holdings Inc.
Coffee Pouch Market: Segmentation
material type:
- Paper and paperboard
- Plastic
- Others
Request for TOC @ https://www.futuremarketinsights.com/toc/rep-gb-12964
pouch type:
- Vacuum pouches & bags
- Stand-up pouches
capacity:
- Up to 100 gms
- 100 to 250 gms
- 250 to 500 gms
- Above 500 gms
About Us:
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
LinkedIn| Twitter| Blogs | YouTube
For Sales Enquiries: sales@futuremarketinsights.com