The surging trend of single-serve coffee containers, particularly favored by busy professionals and travelers seeking a swift caffeine solution while on the move, is becoming a pivotal driver for the target market.
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.
The rapid and expansive growth of the beverage industry, coupled with the escalating demand for flexible packaging solutions, is anticipated to provide a significant boost to the sales of single-serve coffee containers. This trend underscores the pivotal role that single-serve coffee containers play in offering convenience and quality to consumers in an evolving beverage landscape.
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.
Furthermore, the surging utilization of single-serve coffee containers across commercial sectors, including hotels, restaurants, cafes, and similar establishments, is poised to be a driving force behind market expansion. As the preference for on-the-go and versatile coffee solutions gains momentum, it contributes to the dynamic and robust growth of the single-serve coffee container market.
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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.
Key Factors
The rapid growth of the beverage sector coupled with an increasing demand for flexible packaging is poised to bolster the sales of single-serve coffee containers.
The convenience provided by single-serve coffee containers stands out as a significant driver expected to swiftly propel the target market.
Furthermore, the emergence of eco-friendly options in the form of single-serve coffee containers represents a key trend that is anticipated to further fuel the expansion of the market.
Key Takeaways
- 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.
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For instance,
The adoption of K-cup technology, revolutionizing the preparation of mess-free coffee, has become a noteworthy trend gaining momentum in the single-serve coffee container industry. With approximately 42 percent of American households owning a Keurig, the yearly consumption of K-Cups surpassed 30 billion in 2021.
Notably, NutriBullet’s introduction of the first coffee machine featuring brew sense technology is enhancing user experience by intelligently recognizing whether a pod or filter basket is used. This innovative technology streamlines the coffee brewing process, offering customers increased convenience and efficiency.
Top Key Players in Single Serve Coffee Container Market and Their Winning Strategies:
- 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
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