A small pad used to hold beverages is known as a coaster. As a result of a beverage being stored in a glass, cup, bowl, or other container, a beverage coaster stops a surface, such as a table, from becoming warm or dirty. Due to a rise in customer preferences for coffee shops, pubs, lounges, and other establishments where beverages are the most popular food items served, there is a great need for beverage coasters nowadays.
Paper or foam beverage coasters are used to protect the surface of tables by absorbing excess water from beverage cups, beer mugs, and other similar containers. Even drink coasters are used to promote and safeguard the trademarks of different companies. Drink coasters are frequently made of paperboard, tissue paper, foam, and other materials, all of which are expected to see considerable growth between 2022 and 2032.
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The use of beverage coasters in the hospitality sector has led to a major increase in the market for them in recent years. Glass drinking coasters with logos from companies, sports teams, and commercials are gaining popularity. Also, the use of beverage coasters is growing globally as a result of improved consumer lifestyles and rising beverage consumption.
Also, the use of drinking coasters as ornamental pieces is becoming more and more common. Also, the beverage coaster market is being restricted as a result of severe competition from regional manufacturers around the globe. Comparing markets in other regions, the North American market for beverage coasters is projected to continue to lead in terms of revenue growth. In terms of revenue, the beverage coaster market in China and India is expected to grow rapidly.
Global Beverage Coaster Market
Key players:
Few of the key players in the beverage coaster market are The Katz Group Americas, Inc., Cangnan Worldwide Gifts Co., Ltd., Coaster Factory, Yangjiang Zhixiang Industry & Trade Co., Ltd., Guangzhou Artgift Trading Ltd., Shenzhen Longgang Jinweixin Silicone Product Factory, etc.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
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Global Beverage coaster – Market Segmentation
The global beverage coaster market can be segmented by the material type, by printing technology, and by end user base.
On the basis of material type, the global beverage coater market is segmented into –
- Paper
- Paperboard
- Tissue Paper
- Foam
- Glass
- Others
On the basis of printing technology, the global beverage coater market is segmented into –
- Digital printing
- Offset printing
- Flexography printing
- Gravure printing
- Screen printing
- Others (Letterpress, etc.)
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On the basis of end use, the global beverage coaster market is segmented into –
- Food Service Outlets
- Pubs & Lounges
- Restaurants
- Hotels
- Fast Food Joints
- Offices
- Household
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