Global Tea Packaging Market, By Material Type (Polymer and Plastic, Paper and Paperboard, Glass and Metal), Product Type (Pouches, Sachet, Bags, Rigid Box, Bottles, Tin Packaging and Others), Packaging Type (Flexible Tea Packaging and Rigid Tea Packaging), Application (Commercial and Industrial), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights: Global Tea Packaging Market
Data Bridge Market Research analyses that the tea packaging market will project a CAGR of 5.50% for the forecast period of 2021-2028. Rising focus on the packaging product innovations by the manufacturers, growth and expansion of packaging industry especially in the developing economies and increased personal disposable income are the factors driving the growth of tea packaging market. Therefore, the market value, which was USD 8,100 million in 2020, will rocket up to USD 12,430.96 million by 2028.
Tea is one of the most widely consumed non-alcoholic beverages. Derived from Camellia Sinensis plant, tea is an aromatic beverage and is available in a wide range of varieties such as black tea, green tea, oolong tea, herbal tea and so on. And since, tea is a beverage, it requires a specific packaging solution to prevent spilling and protect it from getting contaminated by the external environment.
Rising demand for sustainable packaging solutions is driving the growth in the market value. Growing demand for aromatic beverages and growth and expansion of the food and beverages industry especially in the developing economies will further induce growth in the market value. Rising proliferation of e-commerce industry especially in the developing economies, growing demand for packaged products from the retailers, increasing westernization, modernization, urbanization, ever-rising global population, growing awareness about the benefits of herbal tea, rising health consciousness and increasing personal disposable income are some other indirect factors that will also promote the market growth rate.
However, fluctuations in the prices of packaging materials will create hindrances for the market growth rate. Rising costs of innovative packaging solutions will further dampen the market growth rate. Also, infrastructural challenges in developing countries will hamper the market growth rate.
This tea packaging market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on tea packaging market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Tea Packaging Market Scope and Market Size
Global tea packaging market is segmented on the basis of material type, product type, packaging type and application. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of material type, the tea packaging market is segmented into polymer and plastic, paper and paperboard, glass and metal.
- On the basis of product type, the tea packaging market is segmented into pouches, sachet, bags, rigid box, bottles, tin packaging and others.
- Based on packaging type, the tea packaging market is segmented into flexible tea packaging and rigid tea packaging. Flexible tea packaging is further sub segmented into stand up pouches such as foiled stand up pouches, foil gusseted bags, sachets, and paper stand up pouches. Rigid tea packaging is sub segmented into cartons and corrugated boxes.
- On the basis of application, the tea packaging market is segmented into commercial and personal.
Tea Packaging Market Country Level Analysis
The global tea packaging market is analysed and market size insights and trends are provided by country, material type, product type, packaging type and application as referenced above.
The countries covered in the tea packaging market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific region dominates the tea packaging market and will continue to flourish its trend of dominance during the forecast period owing to rising demand for packaged food and beverages. Availability of raw materials, low manufacturing costs in emerging economies like India and China, rising urbanisation, ever-rising population, growing demand for lifestyle products and increasing personal disposable income are some important market growth determinants.
The country section of the tea packaging market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Tea Packaging Market Share Analysis
The tea packaging market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to tea packaging market.
The major players covered in the tea packaging market report Pacific Bag, LLC., Custom-Pak, Inc., Swiss Pack, Blue Ridge Tea & Herb Company Ltd., Salazar Packaging, Inc., Solaris Tea, Roaster, clipper teas, FPC Flexible Packaging, Cascades inc., Hankuk Package, Aero-pack Industries, Inc., Detmold Group, Oji Foodservice Packaging Solutions (AUS) Pty Ltd, BERICAP, CANPACK, HANIL CAN COMPANY LTD., Mondi, Amcor plc, ProAmpac., Crown and Ardagh Group S.A. among other global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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