Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 600.58 million | USD 972.51 million | 6.21% | 2022 |
The global Coffee Filter Paper market size was evaluated at $600.58 million in 2022 and is slated to hit $972.51 million by the end of 2030 with a CAGR of nearly 6.21% between 2023 and 2030.
Coffee is a beverage that is brewed from ground and roasted seeds of the tropical evergreen coffee plant of African origin. It’s one of the most popular beverages across the world. The coffee filter paper that are used for coffee preparation & filtration on daily basis are porous, creped paper that has moderate wet strength and can be easily converted into cone and basket-style coffee filters for institutional, retail, and home use.
The global coffee filter paper market is growing at a rapid rate. Some of the key factors that are augmenting the growth of the global factor include rise in use of coffee as a beverage of daily routine, increase in demand for coffee filter paper from millennial, and growing number of retailers & suppliers of coffee filter paper. The coffee drinkers are very selective while choosing the filter type as it definitely matters while brewing coffee. Coffee paper filter provides several benefits as compared to metal filters. As coffee paper filters are fine in nature, they can easily trap the micro-fines and also capture the oils. This results in a brighter cup of coffee both in flavor & appearance and is more sweet & translucent. In addition to this, paper filters are the easy way out as far as the cleanup goes. All these factors coupled with availability of several types of coffee filter paper including disc, V-cone, basket, and cone are fueling the growth of the global coffee filter paper market.
In addition to this, change in lifestyle and rise in purchasing power are also the factors that are spurring the growth of the market. Moreover, increase in penetration of retail sectors in several forms such as specialty stores, hypermarkets, and supermarkets coupled with online sales supporting the sales of coffee filter paper is also fostering the growth of the global market. Furthermore, increase in investment for product innovation may generate good opportunities for the growth of the global coffee filter paper market during the forecast period. However, increase in demand for low calorie drinks due to growing preference towards fitness & health well-being and low sales of coffee filter paper in under developed countries may restrain the growth of the global coffee filter paper market.
In the first half of the year 2020, the sale of coffee filter paper decline considerably. Nationwide lockdown and strict regulations imposed by the government in most of the countries hampered the manufacturing units and also led to shutdown of the retail sectors. Also, the change in consumer preference has impacted the sales of the coffee filter paper. All these factors combinedly had a negative impact in the market growth. In forthcoming years, the impact is expected to be moderate due to the consecutive waves of Covid-19 in some countries.
Report Attributes | Report Details |
---|---|
Report Name | Coffee Filter Paper |
Market Size in 2022 | USD 600.58 Million |
Market Forecast in 2030 | USD 972.51 Million |
Growth Rate | CAGR of 6.21% |
Number of Pages | 212 |
Key Companies Covered | Ahlstrom-Munksjö Oyj, Animo B.V, KONOS GmbH, Purico Group Limited, Glatfelter Corporation, Melitta, Neu Kaliss Spezialpapier GmbH, TERRANOVA PAPERS SA, BV Filtropa, and Riensch & Held GmbH & Co.KG |
Segments Covered | By Product Type, By End-User, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2023 - 2030 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The global coffee filter paper market is segregated based on thickness, material type, product, end-use, and region.
Based on the thickness, the global coffee filter paper market is divided into up to 20 GSM, 20 GSM to 40 GSM, and above 40 GSM.
The material type segment is split into unbleached paper and bleached paper. Drip bag coffee filter, disc filter, V cone filter, basket filter, cone filter, and others are the products of coffee filter paper market.
The end-use segment is divided into household use, institutional use, and commercial use.
Regionally, North America is estimated to account for the largest share in terms of revenue in the global coffee filter paper market. Factors that are boosting the growth of the market in this region are presence of large volume of coffee drinking population and growing demand for coffee filter paper owing to its benefits over metal filters. Europe is also projected to register a significant amount to the growth of the market due to increase in sales of coffee filter paper in countries like France and Germany. Asia Pacific is expected to grow rapidly and provide ample opportunities for the overall market growth due to rise in preference towards coffee owing to changing lifestyle, increase in purchasing power, and growing trend of drinking coffee at food outlets & offices to socialize.
By Product Type
By end-users
By Region
FrequentlyAsked Questions
Some of the key factors that are augmenting the growth of the global factor include rise in use of coffee as a beverage of daily routine, increase in demand for coffee filter paper from millennial, and growing number of retailers & suppliers of coffee filter paper. Furthermore, increase in investment for product innovation may generate good opportunities for the growth of the global coffee filter paper market during the forecast period.
Ahlstrom-Munksjö Oyj, Animo B.V, KONOS GmbH, Purico Group Limited, Glatfelter Corporation, Melitta, Neu Kaliss Spezialpapier GmbH, TERRANOVA PAPERS SA, BV Filtropa, and Riensch & Held GmbH & Co.KG are some of the key participants that are operating in the global coffee filter paper market.
Regionally, North America is estimated to account for the largest share in terms of revenue in the global coffee filter paper market. Factors that are boosting the growth of the market in this region are presence of large volume of coffee drinking population and growing demand for coffee filter paper owing to its benefits over metal filters.
HappyClients
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed