Everywhere, it seems, people are drinking coffee — at home, in the office, in their cars and at restaurants. Consumers are estimated to drink approximately 1.4 billion cups per day. Consequently, it’s not surprising that coffee reportedly is the most widely used product in the world after oil.
The rise in coffee consumption continues to grow, according to Felipe Sixto, sales director at Sixto Packaging. And with the growth in consumption, the market for coffee packaging also is flourishing. A recent study by Marketresearch.biz forecasts that the global coffee packaging market is expected to grow at a compounded annual rate of 6.8 percent through 2026. Sixto points to dramatic growth for packaging in the retail and food service channels, with growing demand from restaurants, hotels and office cafeterias. Many retailers also are developing their own private brands.