Aluminum Coffee Capsules
The aluminum coffee capsule market is estimated to reach a value of US$2.5 billion in 2031, growing at a rate of 7.5% on a yearly basis. This growth is driven by the rising demand for convenient and single-use coffee capsules, as well as the increasing trend of at-home coffee consumption. The market is further driven by the growing availability of aluminum capsules in the market, with a range of sizes and shapes to cater to different needs. Moreover, manufacturers are investing in the production of recycling aluminum capsules to reduce their environmental footprint and help the environment.
YEARLY CONSUMPTION OF COFFEE CAPSULES
According to a 2021 report by Euromonitor, the global retail market for coffee capsules was estimated to be worth $19 billion, with an estimated 40,000 tons of coffee consumed in capsules each year.
Coffee Capsules Recycling
An estimated 39,000 pods are produced every minute around the world with up to 75 percent of those ending their life cycle in landfills.
“It’s a really sad statistic,” said Dr, Bassam Damaj, the Executive Chairman of Recycap Technologies. “With the growing popularity of coffee pods, it’s more important than ever to find a sustainable solution to our packaging waste such as our REcycap Automated Coffee Technology (REACT™️) where used aluminum coffee capsules are automatically recycled in the coffee maker right after their use.”
COFFEE CAPSULE COMSUMPTION
According to the European Coffee, Tea & Soft Drinks Association, global coffee capsule sales have grown by an average of 57% annually since 2011, reaching a total of 8.2 billion capsules in 2020. Assuming that this growth rate has continued since 2020, this would mean that the total number of capsules produced per minute would be around 39,000 capsules.
ESPRESSO COFFEE MACHINES
There were over 65 million espresso machine sold in 2021. Home and office sales of espresso machines are growing at a 4% rate yearly and becoming a cornerstone of households.
This impressive statistic reflects the growing popularity of espresso machines. As consumers become more aware of the convenience, quality, and flavor of espresso, they are increasingly investing in their own machines. The increasing availability of espresso machines at a variety of price points is also making them more accessible to a wider range of consumers. The convenience of a quick and delicious espresso makes these machines a must-have for many households.
As espresso machines become more popular, businesses are responding with a variety of models to meet the needs of consumers. From single-serve machines to traditional Italian-style espresso makers, there is something for everyone. Companies are also developing more automated machines, allowing baristas to craft perfect espressos with minimal effort.
Aluminum Coffee Capsules
The aluminum coffee capsule market is estimated to reach a value of US$2.5 billion in 2031, growing at a rate of 7.5% on a yearly basis. This growth is driven by the rising demand for convenient and single-use coffee capsules, as well as the increasing trend of at-home coffee consumption. The market is further driven by the growing availability of aluminum capsules in the market, with a range of sizes and shapes to cater to different needs. Moreover, manufacturers are investing in the production of recycling aluminum capsules to reduce their environmental footprint and help the environment.
YEARLY CONSUMPTION OF COFFEE CAPSULES
According to a 2021 report by Euromonitor, the global retail market for coffee capsules was estimated to be worth $19 billion, with an estimated 40,000 tons of coffee consumed in capsules each year.
Coffee Capsules Recycling
An estimated 39,000 pods are produced every minute around the world with up to 75 percent of those ending their life cycle in landfills.
“It’s a really sad statistic,” said Dr, Bassam Damaj, the Executive Chairman of Recycap Technologies. “With the growing popularity of coffee pods, it’s more important than ever to find a sustainable solution to our packaging waste such as our REcycap Automated Coffee Technology (REACT™️) where used aluminum coffee capsules are automatically recycled in the coffee maker right after their use.”
COFFEE CAPSULE COMSUMPTION
According to the European Coffee, Tea & Soft Drinks Association, global coffee capsule sales have grown by an average of 57% annually since 2011, reaching a total of 8.2 billion capsules in 2020. Assuming that this growth rate has continued since 2020, this would mean that the total number of capsules produced per minute would be around 39,000 capsules.
ESPRESSO COFFEE MACHINES
There were over 65 million espresso machine sold in 2021. Home and office sales of espresso machines are growing at a 4% rate yearly and becoming a cornerstone of households.
This impressive statistic reflects the growing popularity of espresso machines. As consumers become more aware of the convenience, quality, and flavor of espresso, they are increasingly investing in their own machines.
The increasing availability of espresso machines at a variety of price points is also making them more accessible to a wider range of consumers. The convenience of a quick and delicious espresso makes these machines a must-have for many households.
As espresso machines become more popular, businesses are responding with a variety of models to meet the needs of consumers. From single-serve machines to traditional Italian-style espresso makers, there is something for everyone. Companies are also developing more automated machines, allowing baristas to craft perfect espressos with minimal effort.
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