The United States and Canada are experiencing a promising outlook for their coffee filter paper businesses, driven by a surge in coffee consumption. In the United States, the growing daily coffee-drinking habit among both the youth and adults is fueling demand. Additionally, coffee consumption in commercial and institutional settings is on the rise, with substantial coffee imports recorded. Canada, on the other hand, boasts coffee as the most consumed beverage among adults, with significant growth in coffee imports from various nations. This surge in coffee consumption in Canada, with an average of around 15 pounds per person annually, presents a lucrative opportunity for global coffee filter paper manufacturers to strengthen their market presence in the region.
The global coffee filter paper market is poised for substantial growth, projected to reach US$ 1,006.0 million by 2033, reflecting a robust 5.3% compound annual growth rate (CAGR) between 2023 and 2033. With a current valuation of US$ 600.2 million in 2023, the industry’s expansion is evident.
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Driven by the escalating demand for coffee as a daily ritual, the coffee filter paper sector has witnessed consistent demand from manufacturers. This trend is not confined to mature markets like Europe and North America but is also prominent in the rapidly growing markets of South and East Asia.
Urbanization, increasing disposable income, and a surge in worldwide coffee consumption stand as primary catalysts for market growth throughout the projection period. The pivotal role of coffee filter paper’s high air permeability, enhancing the aromatic richness and flavor of coffee, contributes to its demand. Moreover, its recyclability augments market expansion prospects, while the exceptional wet strength guarantees stability and efficiency across coffee grind sizes, even under high temperatures. These factors collectively drive the anticipated expansion of the coffee filter paper market.
“Prominent manufacturers are increasingly targeting emerging economies across the Asia-Pacific and South America, given their heightened global coffee production volumes, generating highly lucrative revenue pools for the upcoming forecast period,” remarks an FMI analyst.
Key Segments|:
Product Type
- Cone Filter
- Basket Filter
- V Cone Filter
- Disc Filter
- Drip Bag Coffee Filter
- Others
Material Type
- Bleached Paper
- Unbleached Paper
Thickness
- Up to 20 GSM
- 20 to 40 GSM
- Above 40 GSM
End-Use
- Commercial Use
- Institutional Use
- Household Use
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Key Takeaways:
- By product type, cone and basket coffee filters to generate half of the total revenue
- 20 to 40 GSM coffee filter papers to expand nearly twofold throughout the forecast period
- High uptake is expected across institutional frameworks, generating over US$ 100 Mn incremental opportunity
- Preference for unbleached coffee filters is expected to register a significant incline
- US to account for over four out of five coffee filter paper sales across North America
- Growing number of specialty coffee shops to fuel sales across the UK
- Brazil to remain the global coffee filter paper powerhouse, given its lucrative share in global coffee production
Prominent Drivers:
- Increasing demand for paper-based packaging to promote sustainability is heightening sales
- Easy availability attributed to the widening development of organized retail is increasing coffee filter paper penetration
- Emerging markets such as Brazil & India are expected to emerge as key coffee filter paper manufacturing hubs, attributed to increased coffee production
Key Restraints:
- Preference for low-calorie beverage is limiting global coffee consumption, leading to dwindling coffee filter paper sales
- Availability of substitutes such as automatic and semi-automatic filter machine to pose a significant challenge
Competitive Landscape
Prominent coffee filter paper manufacturers in FMI’s analysis include Ahlstrom-Munskjö Oyj., Riensch & Held GmbH & Co. KG, BV Filtropa, TERRANOVA PAPERS SA, Neu Kaliss Spezialpaper GmbH, Melitta, Glatfelter Corporation, Purico Group Limited, KONOS GmbH, Animo B.V., Rockline Industries, Twin Rivers Paper Company and Thomas & Green. Offering sustainable packaging solutions remains the core marketing strategy of a majority of these manufacturers.
In 2018, Ahlstrom- Munskjö Oyj inaugurated a new plant in Madisonville, US, for furthering its high-performance filtration material business, in a growing response to demand for high-performance material across engine and industrial applications. The investment has also proven beneficial for furthering the company’s packaging business, including coffee filter paper manufacturing.
Also, with regard to sustainable product offering, Riensch & Held manufactures the Finium® range of biodegradable paper tea and coffee filters. These unbleached paper filters are made of cellulose, manufactured without addition of adhesives or other binding agents.
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What to Expect in Our Report?
(1) A complete section of the Global Coffee Filter Paper market report is dedicated for market dynamics, which include influence factors, market drivers, challenges, opportunities, and trends.
(2) Another broad section of the research study is reserved for regional analysis of the Global Coffee Filter Paper market where important regions and countries are assessed for their growth potential, consumption, market share, and other vital factors indicating their market growth.
(3) Players can use the competitive analysis provided in the report to build new strategies or fine-tune their existing ones to rise above market challenges and increase their share of the Global Coffee Filter Paper market.
(4) The report also discusses competitive situations and trends and sheds light on company expansions and merger and acquisitions taking place in the Global Coffee Filter Paper market. Moreover, it brings to light the market concentration rate and market shares of the top three and five players.
(5) Readers are provided with findings and conclusions of the research study provided in the Global Coffee Filter Paper Market report.
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.
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