- Future Market Insights delves into the popularity of single-serve coffee containers, encompassing coffee capsules, sachets, stick packs, and tubes/vials/jars, across prominent coffee-consuming nations.
- Discover the key factors driving the widespread adoption of these convenient and customizable coffee solutions, reshaping consumer preferences and market dynamics worldwide.
NEWARK, Del., Sept. 21, 2023 /PRNewswire/ -- Future Market Insights (FMI) states that the global single-serve coffee container market will reach US$ 779.6 million in 2023. Over the assessment period from 2023 to 2033, global sales of single-serve coffee containers are projected to rise at a 7.5% CAGR. By 2033, the total market value is projected to reach US$ 1,613.7 million.
Demand is expected to remain high for single-serve coffee sachets globally. As per Future Market Insights (FMI), the sachets segment will likely progress at a 4.6% CAGR during the assessment period.
Download a Sample Report Summary: https://www.futuremarketinsights.com/reports/sample/rep-gb-13007
The demand for single-serve coffee containers is driven by various factors, including the convenience they provide and the growing popularity and appreciation for coffee culture globally.
Single-serve coffee containers make a single cup of coffee quickly and easily, making them ideal for on-the-go consumption. They can cut brewing time and simplify the process by eliminating the need to measure quantities, flavorings, and ingredients from enormous bulk containers.
The disposable nature of single-serve coffee containers is also a significant industry development driver. Another potential driver is the growing demand for specialty coffee and single-serve methods.
Product innovation is predicted to support the growth of the single-serve coffee containers industry, as are changes in consumer behavior, such as a rising desire for convenience and on-the-go consumption.
The growing popularity of single-serve coffee makers, which enable quick and easy brewing of a single cup of coffee, is also an important market driver.
High adoption of active packaging is another key factor expected to boost the global single-serve coffee container industry.
Active packaging technologies are designed to lengthen the shelf life of food and beverage products and increase the time the food remains fresh. Active packaging technologies include chemical, physical, or biological actions that alter interactions between a product, package, and/or package headspace to achieve a desirable outcome.
Key Takeaways from the Global Single Serve Coffee Container Market Report
- By product type, sachets are anticipated to create an incremental opportunity of US$ 183.6 million through 2033.
- Based on material, plastic containers are expected to comprise 58.6% market share by 2023.
- By end use, food service outlets are projected to create an incremental opportunity of US$ 472.2 million through 2033.
- The United States single-serve coffee containers industry to offer an incremental opportunity of US$ 98.24 million.
- Single-serve coffee container demand in the United Kingdom will likely rise at 5.7% CAGR through 2033.
Access Comprehensive Market Knowledge: Regional Insights and Key Player Breakdown: https://www.futuremarketinsights.com/checkout/13007
"The growing popularity of coffee culture globally contributes to the increasing demand for single-serve coffee containers. Increasing demand for certified coffee products is set to create lucrative growth opportunities for manufacturers." - says a lead FMI analyst.
Top Key Players in Single Serve Coffee Container Market and Their Winning Strategies:
Following are the prominent single-serve coffee container manufacturers listed in the report. The Tier 1 players in the market hold 15% to 18% share in the global single serve coffee container industry.
- Faerch Group
- Amcor Plc.
- Constantia Flexibles Group
- Sealed Air Corporation
- CCL Industries Inc.
- Berry Global Group, Inc.
- Uflex Ltd.
- Printpack Inc.
- Capsule Pack Pty Ltd.
- ProAmpac LLC.
- Geriner Packaging
- Tipa Compostable Packaging Ltd.
- Multi-Pak Corporation
- Sonic Packaging Industries Inc.
- Alupak AG
- Aluflexpack AG
- Kimac Industries
Key companies are employing a wide variety of strategies to increase their revenues and expand their presence. These include new product launches, acquisitions, partnerships, and alliances. For instance,
- In June 2023, CCL Industries acquired Pouch Partner AG to expand its business across Europe.
Global Single Serve Coffee Container Market Report
In its new report, Future Market Insights (FMI) offers an unbiased analysis of the global single serve coffee container industry, analyzing historical demand from 2018 to 2022 and forecast statistics for 2023 to 2033.
The study reveals growth projections on the global single serve coffee container market based on product type (coffee capsules, sachets, stick packs, and tubes/vials/jar), material (plastic, paper, fabric, and aluminum), size/capacity (0.5ml to 5ml, 5.1ml to 15ml, and above 15ml), end use (food service outlets, institutional, and household), and region.
About the Packaging Division at Future Market Insights (FMI)
The packaging division at Future Market Insights (FMI) provides an in-depth historical analysis and projections for the next ten years and covers the competition landscape through a unique dashboard view. Ranging from packaging materials, packaging machinery to packaging designs & formats, Future Market Insights (FMI) has an exhaustive database for these industry verticals, serving clients with unique research offerings and strategic recommendations. With a repository of 1,000+ reports, the team has analyzed the packaging industry comprehensively in 50+ countries. The team evaluates every node of the value chain and provides end-to-end research and consulting services; reach out to explore how we can help.
About the Author
Ismail Sutaria (Lead Consultant, Packaging and Materials) has over 8 years of experience in market research and consulting in the packaging & materials industry. Ismail's strength lies in identifying key challenges faced by the client and offering logical and actionable insights to equip the clients with strategic decision-making power.
Ismail has been an instrumental part of several transformational consulting assignments. His key skills include competitive benchmarking, opportunity assessment, macroeconomic analysis, and business transformation advisory. Ismail is an MBA holder in Marketing and has a Bachelor's Degree in Mathematics.
Ismail is a regular at industry conferences and expos and has been widely covered in electronic and print media. He is a Speaker at our upcoming Talk show - Rise of the Intelligent Packaging. Ismail has been quoted in leading publications, including the European Pharmaceutical Review and the European Adhesive Tape Association.
Explore FMI's Extensive Coverage in Packaging Domain
Coffee Capsules Market: The global market is projected to be valued at US$ 243.3 million in 2023 and is expected to rise to US$ 396.3 million by 2033. The sales of coffee capsules are predicted to expand at a significant CAGR of 5.0% during the forecast period.
Coffee Filter Paper Market: The global market is bound to grow on a reverberating note between 2023 and 2033, reaching US$ 1,006.0 million by the year 2033, at a CAGR of 5.3%. The global coffee filter paper industry is valued at US$ 600.2 million in 2023.
Coffee Bottles Market: The global market is expected to be valued at US$ 12.8 billion in 2023 and is anticipated to expand at a CAGR of 3.9%. Owing to the advances in the packaging market, the market is likely to surpass a valuation of US$ 18.7 billion by 2033.
Coffee Pouch Market: The global market is anticipated to accumulate a market value of US$ 822.87 million in 2023 and is expected to garner a valuation of US$ 1,450 million by exhibiting a CAGR of 5.8% in the forecast period 2023 to 2033.
Coffee Bags Market: The global market is anticipated to flourish at an average CAGR of 5.2% between 2023 and 2033. The market is expected to hold a market share of US$ 1022.8 million by 2033 while the market is likely to reach a value of US$ 616.1 million in 2023.
About Future Market Insights (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 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us
Nandini Singh Sawlani
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
Logo:https://mma.prnewswire.com/media/1197648/3531122/FMI_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/single-serve-coffee-container-market-to-total-us-1-613-7-million-by-2033-future-market-insights-inc-301934551.html
Voltar noticias em Inglês