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Coffee Packaging Market - Latest Trends and Key Drivers Supporting Growth through 2027

12-07-2018 11:38 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Coffee Packaging Market - Latest Trends and Key Drivers

The global coffee packaging market is expected to see remarkable growth throughout the forecast period, primarily due to the increase in demand for coffee in institutional sales such as hotels, restaurants, office cafeterias, and others. Coffee packaging keeps coffee fresh for longer time and has a direct impact on the taste of the beans. In addition, every coffee producing company needs to distinguish itself from its competitors and packaging is one of the easiest ways to achieve it. The companies are thus striving to introduce innovative, airtight, and attractive coffee packages since recent past.

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Manufacturers in coffee packaging market are inclined more towards making their products user friendly. They are taking efforts in promoting their packaging products in diverse geographies, without any language barrier. In addition, due to the growing concern towards obesity and other health problems, the demand for functional beverages such as ready-to-drink (RTD) coffee is recently gaining popularity worldwide. Owing to its low calorie content, there are increasing chances of bolstering adoption of ready-to-drink coffee in near future.

Major coffee packaging types include pouches, side gusseted bag, block bottom bag, stick pack, bag in box, bottles, cans, containers & boxes, sacks, and others. The pouches segment is further classified into stand up pouches and flat bottom pouches. Among all these segments, sacks and side gusseted bags are the key packaging types. Based on material type, the coffee packaging can be divided into plastic, metal, glass, paper and paper board, and others. The plastic segment is further classified into Polyethylene, Polypropylene, and Polyethylene Terephthalate. On the basis of distribution channel the coffee packaging market is classified into institutional sales and retail sales. Institutional sales segment is expected to dominate the global coffee packaging market by value share of over 62% by 2027 end.

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Paper and paper board is expected to be the fastest growing material type segment during the forecast period. This segment is also expected to dominate the overall global coffee packaging market. Plastic is anticipated to be the second largest material type segment. PET provides a much better packaging solution for the various types of coffee available on the shop shelves such as whole or pre-ground beans as well as soluble coffee powder and granules. The advantages of PET jars include their light weight, virtually unbreakable nature, and re-sealable benefit. They are also available with wide necks for easy pouring and spooning, and the design possibilities are also unending. All these factors are expected to make this segment highly lucrative over the forecast period.

About TMR

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

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