Coffee Filter Paper Market Trend, Share, Growth, Size and Forecast 2030

The market for coffee filter paper was estimated to be worth $600.58 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of over 6.21% from 2023 to 2030, when it is expected to reach $972.51 million.

Global Coffee Filter Paper Market: Overview

The ground and roasted seeds of the tropical evergreen coffee plant, native to Africa, are used to make coffee. It is among the most widely consumed drinks in the world. Everyday coffee filter paper is made of porous, creped paper with a moderate wet strength that may be readily transformed into cone- and basket-shaped filters for use in homes, businesses, and institutions.

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Global Coffee Filter Paper Market: Growth Factors

The market for coffee filter paper is expanding quickly on a global scale. The increasing popularity of coffee as a daily beverage, the rise in millennial demand for coffee filter paper, and the expansion of coffee filter paper merchants and suppliers are some of the major reasons driving the global factor’s growth. Coffee drinkers are picky about the kind of filter they use since it makes a big difference in the brewing process. When opposed to metal filters, coffee paper filters offer a number of advantages. Coffee paper filters are naturally fine, therefore it is easy for them to trap micro-fines and also to capture oils. As a result, the coffee has a brighter flavor and look and is more transparent and delicious.

The elements that are propelling the market’s expansion include also changes in lifestyle and increased purchasing power. Additionally, the global market for coffee filter paper is expanding due to the growing penetration of the retail sector in a number of forms, including specialty shops, hypermarkets, and supermarkets, as well as online sales that support the product. Additionally, during the projected period, increased investment in product innovation may present favorable prospects for the expansion of the worldwide market for coffee filter paper. However, poor sales of coffee filter paper in developing nations and an increase in the demand for low-calorie drinks as people become more conscious of their fitness and overall health may limit the growth of the worldwide coffee filter paper market.

There is a significant decrease in the sales of coffee filter paper in the first half of 2020. Government-imposed severe controls and nationwide lockdowns in several nations caused industrial units to struggle and ultimately resulted in the closure of the retail sector. Additionally, the sales of coffee filter paper have been impacted by the shift in consumer preferences. The market’s growth was adversely affected by all of these variables taken together. Due to the repeated Covid-19 waves in some countries, the impact is anticipated to be minimal in the upcoming years.

Global Coffee Filter Paper Market: Segmentation

The product, end-use, thickness, material type, and region are the main factors that divide the worldwide market for coffee filter paper. The global market for coffee filter paper is split into three segments based on thickness: up to 20 GSM, 20 GSM to 40 GSM, and above 40 GSM. There are two categories in the material type segment: unbleached paper and bleached paper. The goods of the coffee filter paper market include drip bag coffee filters, disc filters, V cone filters, basket filters, cone filters, and others. There are three categories under the end-use segment: commercial, institutional, and domestic.

Global Coffee Filter Paper Market: Regional Analysis

In terms of revenue, North America is thought to hold the biggest proportion of the global market for coffee filter paper. The presence of a sizable population that drinks coffee and the rising demand for coffee filter paper due to its advantages over metal filters are factors driving the market’s growth in this area. Due to rising sales of coffee filter paper in nations like France and Germany, Europe is also expected to contribute significantly to market growth. Asia Pacific is predicted to expand quickly and offer plenty of prospects for the industry as a whole because of the growing trend of drinking coffee at home, changing lifestyles, and rising purchasing power.

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