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WILMINGTON, Del. , Aug. 22, 2022 /PRNewswire/ -- Various coffee packaging types are utilized in bags and pouches that have been widely used for coffee packaging. The demand for high-performance barrier-coated paper has gathered traction in the coffee packaging market. The global market is forecast to advance at a CAGR of 4.7% from 2022 to 2027, and surpass value of US$ 991.6 Mn by the end of 2027.
In various industrialized nations, rise in sales of ready-to-drink (RTD) coffee has steered revenue generation in the coffee packaging market. Packaging companies are leaning on developing cost-efficient sustainable packaging materials. Of note, coffee packaging companies aim to capture profits from rapidly increasing adoption of paper packaging to coffee brands.
Rise in inclination of stakeholders notably consumers to adopt recyclable packaging has reduced the use of conventional plastics. Many players have garnered value-grab opportunity here. On the other hand, the demand for metals and paper combined is expected to stay lucrative during the forecast period.
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Key Findings of Coffee Packaging Market Study
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Coffee Packaging Market: Key Drivers
Coffee Packaging Market: Regional Growth Dynamics
Coffee Packaging Market: Key Players
Some of the key players in the coffee packaging market are Syntegon, Huhtamäki Oyj, Swiss Pack, Glenroy, Inc., PBFY Flexible Packaging, Goglio Spa, Winpack Ltd., Novolex Holdings, Inc., Sonoco Products Company, ProAmpac LLC, DS Smith plc, Mondi plc, and Amcor plc.
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Mulch Films Market - Mulch Films Market was valued at US$ 5 Bn in 2021 It is estimated to expand at a CAGR of 5.9% from 2022 to 2026
Rigid Plastic Packaging Market - Rigid Plastic Packaging Market was valued at US$ 174.3 Bn in 2021. It is estimated to expand at a CAGR of 4.7% from 2022 to 2029
Dicing Tapes Market - dicing tapes market was valued at US$ 1 Bn in 2021. It is estimated to expand at a CAGR of 6.5% from 2022 to 2026
Vials Market - vials market was valued at US$ 7.1 Bn in 2021. It is estimated to expand at a CAGR of 5.4% from 2022 to 2029
Protective Cases Market - protective cases market was valued at US$ 1.8 Bn in 2022. It is estimated to expand at a CAGR of 4.6% from 2022 to 2027
Poly Coated Paper Market - Poly Coated Paper Market is expected to cross the value of US$ 29.9 Bn by the end of 2031, estimated to expand at a CAGR of 4.4% from 2021 to 2031.
Folding Cartons Market - Folding Cartons Market is expected to reach the value of US$ 105 Bn by the end of 2031, It is estimated to expand at a CAGR of 4.7% from 2021 to 2031
Paper & Paperboard Trays Market - Paper And Paperboard Trays Market is projected to rise from a valuation of US$4,444.3 Mn in 2017 to reach a valuation of US$5,893.9 Mn by 2022 end. The market is forecast to clock a CAGR of 5.8% from 2017 to 2022.
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