Brew Coffee Paper Market REPORT OVERVIEW
- Request Free Sample PDF learn more about this report
The global brew coffee paper market size was USD 478.9 Million in 2022 and market projected to touch USD 658.38 Million by 2031, at a Compound Annual Growth Rate (CAGR) of 3.6% from 2022 to 2031.
Brew coffee paper is a specialty-grade paper widely used as a filter when brewing coffee. Coffee filter paper offers exceptional properties such as high porosity, smooth & firm folding, great strength, high dimensional stability, heat-seal ability, and low weight, which are not possible in conventional papers.
Increasing demand for coffee globally is anticipated to surge market growth. Growing innovation in developing products is projected to drive market growth. Rising demand to enhance drinking patterns is predicted to fuel market progress. The huge availability of paper is projected to boost the market growth. Changing lifestyles and increased consumer preference towards health-conscious beverages are estimated to expand market growth. Growing awareness about several benefits of the product such as improved metabolism, appetite control, and others is predicted to fuel market growth over the forecast period. Increased shifting inclination toward eco-friendly filtering products is anticipated to surge market growth. High demand for rich and aroma coffee is predicted to expand market growth. However, the high cost of the product is expected to hamper the market growth.
COVID-19 Impact: Closure of All Cafes and Institutional Centers to Hamper the Market Growth
Closure of all cafes and institutional centers to hamper the market growth. Trade barriers affected the supply and chain. The shutdown of the production of coffee in several places restricted the market growth. Lack of demand for the product due to the shutdown of commercial sectors hamper market growth during the pandemic period.
LATEST TRENDS
"Increased Preference for Low-Calorie Drinks to Incite Market Growth"
The growing preference of consumers for health-conscious beverages is predicted to surge market growth. Increased demand for coffee worldwide is projected to drive market growth. Changing lifestyle and increased awareness about the benefits of the product is anticipated to accelerate market growth. Increased coffee consumption is anticipated to accelerate market growth. Consumption of coffee offers several benefits such as improved metabolism, appetite control, and others. Coffee is a good drink consumed on daily basis. These factors are responsible to boost the brew coffee paper market growth over the forecast period.
Brew Coffee Paper Market SEGMENTATION
- Request Free Sample PDF learn more about this report
- By Type
Based on type, the market is divided into non-heat-sealable and heat-sealable.
Non-heat-sealable is estimated to be the leading part of type segmentation.
- By Application
Based on application, the market is classified into commercial, office, and household.
The commercial is estimated to be the leading part of application segmentation.
DRIVING FACTORS
"Inclination Towards Eco-Friendly Filtering Method to Surge Market Growth "
Increasing demand for eco-friendly filtering methods is expected to fuel market growth. Growing demand for paper-based filter solutions is anticipated to accelerate market growth. Increased demand for easy-to-use filtering solutions is predicted to surge market growth. The high consumption rate of coffee and growth in the food and beverage sector is anticipated to fuel market growth. Increased innovation in developing effective filter paper is predicted to surge market growth. Increased disposable income and growing awareness about the benefit of the product are estimated to fuel market performance. Easy availability of the product is anticipated to fuel the brew coffee paper market growth in the forthcoming years.
"Growth in Food and Beverage Sector to Accelerate Market Growth "
Increasing demand for food and beverage worldwide is predicted to expand market growth. The filter paper offers a rich aroma and flavor to the coffee. The product is highly recyclable in nature and coffee is the most popular drink worldwide. Such factors are responsible to fuel market growth. The product has amazing wet strength and high efficiency and is predicted to surge market growth. Growing demand for food services is anticipated to surge market growth. An increased number of cafes and restaurants is estimated to propel market growth in the forecast period. Growing manufacturing operations and rapid adoption of the product in residential and commercial areas are anticipated to accelerate brew coffee paper market growth.
RESTRAINING FACTORS
The high cost of the product is expected to hamper the market growth in the forthcoming years.
Brew Coffee Paper Market REGIONAL INSIGHTS
- Request Free Sample PDF learn more about this report
"Increased Popularity of Coffee in Asia Pacific to Drive Market Share "
Asia Pacific is anticipated to account largest brew coffee paper market share owing to the increased popularity of coffee. Growing innovation in developing products is projected to drive market growth. Rising demand to enhance drinking patterns is predicted to fuel market progress. The huge availability of paper is projected to boost the market growth. Changing lifestyles and increased consumer preference towards health-conscious beverages are estimated to expand market growth. Growing awareness about several benefits of the product such as improved metabolism, appetite control, and others is predicted to fuel market growth over the forecast period. Increased shifting inclination toward eco-friendly filtering products is anticipated to surge brew coffee paper market growth.
KEY INDUSTRY PLAYERS
"Leading Players Adopt Strategies to Stay Competitive"
The report covers information about the list of market players and their latest development in the Industry. The information includes mergers, partnerships, acquisitions, technological developments, and production lines. Other aspects examined for this market include complete research on companies producing and introducing the latest products, regions they conduct their operations in, automation, technology adoption, generating the most revenue, and making a difference with their products.
List of Market Players Profiled
- Glatfelter (U.S.)
- Ahlstrom-Munksjö (Finland)
- Terranova Papers (Miquel y Costas) (Spain)
- Purico (U.K.)
- Twin Rivers Paper (U.S)
- Thomas & Green (U.K.)
- Shawano Paper Mill (Little Rapids) (U.S.)
- Dunn Paper (U.S.)
- Hebei Amusen Filter Paper (China)
- Xingchang New Materials (China)
- Hangzhou Kebo Paper (China)
REPORT COVERAGE
This research profiles a report with general studies that explain the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by examining the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, and others. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 478.9 Million in 2022 |
Market Size Value By |
US$ 658.38 Million by 2031 |
Growth Rate |
CAGR of 3.6% from 2022 to 2031 |
Forecast Period |
2024-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Type and Application |
Frequently Asked Questions
-
What value is the Brew Coffee Paper Market expected to touch by 2031?
The global brew coffee paper market is expected to reach USD 658.38 million by 2031.
-
What CAGR is the Brew Coffee Paper Market expected to exhibit by 2031?
The Brew Coffee Paper Market is expected to exhibit a CAGR of 3.6% by 2031.
-
What are the driving factors of the Brew Coffee Paper Market?
Drivers of this Brew Coffee Paper Market are inclination towards eco-friendly filtering methods and growth in the food and beverage sector.
-
Which are the top companies operating in the Brew Coffee Paper Market?
Glatfelter, Ahlstrom-Munksjo, Terranova Papers (Miquel y Costas), Purico, Twin Rivers Paper, Thomas & Green, Shawano Paper Mill (Little Rapids), Dunn Paper, Hebei Amusen Filter Paper, Xingchang New Materials, and Hangzhou Kebo Paper.