Global Coffee Filter Papers Market is estimated to grow with the Cagr of more than 4.9% during forecast period. Global Coffee Filter Papers Market is valued approximately USD XX billion in 2020 and is anticipated to grow with a healthy growth rate of more than 4.9 % over the forecast period 2021-2027. A coffee filter is a disposable coffee brewing tool made of paper. This allows the liquid coffee to flow through when the coffee grounds are trapped. Paper filters can remove oily components called diterpenes, which are anti-inflammatory chemicals found in unfiltered coffee. Coffee filter paper sales have increased as the demand for coffee as a daily beverage has grown. In response to the growing number of coffee drinkers, manufacturers are benefiting from increased revenue for coffee filter papers. In 2018, Ahlstrom- Munskj?? Oyj opened a new plant in Madisonville, Tennessee, to expand its high-performance filtering material business with the aim of improving performance materials in engine and commercial processes. The investment has also helped the company expand its packaging business, which includes the production of coffee filter paper. Furthermore, increased product innovation investment is likely to generate profitable growth prospects. Additionally, permanent coffee filters are compatible with all coffee machines and may be cleaned in the dishwasher or even under running water. These filters also provide a number of advantages, including heat resistance, BPA-free construction, and convenience of use. The existence of such an alternate filtering option has a significant effect on coffee filter paper sales. When opposed to metal filters, coffee paper filters offer various advantages. Due to the tiny structure of coffee paper filters, they can easily catch micro-fines as well as oils. This produces a cup of coffee that is brighter in flavor and appearance, as well as more sweet and translucent. Furthermore, when it comes to cleanup, paper filters are the most convenient option. All of these reasons, as well as the presence of various varieties of coffee filter paper, including as disc, V-cone, basket, and cone, are propelling the worldwide coffee filter paper market forward. However, rising demand for low-calorie beverages attributed to the growing inclination for fitness and health, as well as low sales of coffee filter paper in developing nations, may limit the worldwide coffee filter paper industry's growth. Also, other benefits of coffee filter paper include excellent compatibility, environmental friendliness, and recyclability. These reasons have aided the growth of coffee filter paper.
Coffee filter paper demand is expected to rise in the United States in the near future. The demand for caffeine in the United States is mostly driven by teenagers and adults' everyday drinking habits. Furthermore, the increased consumption of coffee in business and institutional settings in the United States is a major driver of the coffee filter paper industry. India has always been a tea-drinking country. Coffee, on the other hand, is getting increasingly popular among customers. The increased popularity of coffee among India's millennials has resulted in a large increase in demand for filtering media, such as coffee filter paper.
Major market player included in this report are:
Ahlstrom-Munksjo Oyj
Riensch & Held GmbH & Co.KG
BV Filtropa
TERRANOVA PAPERS SA
Neu Kaliss Spezialpapier GmbH
Melitta
Glatfelter Corporation
Purico Group Limited
KONOS GmbH
Animo B.V
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type:
Cone Filter
Basket Filter
V Cone Filter
Disc Filter
Drip Filter
Drip Bag Coffee Filter
Others
By Material Type:
Bleached Paper Cloud
Unbleached Paper Cloud
By Thickness:
Up to 20 GSM
20 to 40 GSM
Above 40 GSM
By End-Use Application:
Commercial use
Institutional use
Household use
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027
Target Audience of the Global Coffee Filter Papers Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors