Coffee Packaging Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2027
Albany, NY -- (SBWIRE) -- 10/02/2018 -- 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.
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.
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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.
Key players in the global coffee packaging market include 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., Goglio S.p.A., Novolex Holdings, Inc., Sonoco Products Company, Co Pack, Inc., Sixto Packaging, PBFY Flexible Packaging, Dongguan Min Lee Packaging Materials Co., Ltd, Color Hoyo Paper & Plastic Products Co., Ltd, Dongguan Jmei Packaging Company Limited, Qingdao Dejili Packing Material Co. Limited, Shenzhen Packmate Packaging Co., Ltd. among others.