Tea Packaging Market Forecast Revised in a New Future

Market Insights Report as COVID-19 Projected to Hold a

Massive Impact on Sales in 2020 (2017-2027)
August 2020 Report Id : REP-GB-4007
Status: Ongoing
Category : Packaging
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Tea Packaging Market Analysis

Global food and beverage packaging market is growing steadily owing to an augmenting
demand for convenience packaging options by customers. Tea market is one of the most
competitive and grueling markets regarding both the product as well as packaging. Tea
provides numerous health benefits and is gaining immense popularity across the globe.
Manufacturers along with tea production are more focused on the packaging of the product
to attract more customers. Tea manufacturers are aiming at sustainable packaging material to
reduce the cost involved in recycling as well as logistics. There has been an up surging
demand for tea packaging that maintains the freshness and aroma of the tea leaves over a
period. The rising number of cardiovascular diseases and other weight related diseases has
led to a growing demand for tea attributed to its antioxidant properties and is likely to
increase the global tea packaging demand over the forecast period.

Tea Packaging: Market Dynamics

Global tea packaging market is driven by the rise in the disposable income of individuals of
the middle class population. Moreover, consumers are keen on buying packaged products
from retail shopkeepers which is further driving the growth of the global tea packaging
market.

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Tea Packaging Market Analysis

Demand for tea packaging intended for single use is a key factor fuelling the growth of the
global tea packaging market. Rising concern among individuals about the health benefits of
tea is driving both the tea as well as the tea packaging market. The fluctuating cost of raw
materials used for tea packaging is a restraining factor for the global tea packaging
market. Also, the more innovative the packaging gets, it adds up to the cost of the product
making it priced higher than usual which is an inhibitory factor for the global tea packaging
market. Packaging type which is recyclable and reusable in nature is a key trend prevailing in
the global tea packaging market..

Tea Packaging: Market Segmentation

Global tea packaging market is segmented on the basis of product type, packaging type, and
geography. On the basis of product type, the global tea packaging market is segmented into
tea bags, pouches, and tea pods.

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Tea Packaging Market Analysis

On the basis of product type, the global tea packaging market is segmented into tea bags,
pouches, and tea pods. On the basis of packaging type, the global tea packaging market is
segmented into flexible 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. Stand up pouches are the most preferred packaging type among
consumers and are anticipated to continue their dominance over the forecast period.

Tea Packaging Market: Regional Outlook

On the basis of geography, the global tea packaging market is segmented into Asia Pacific,
North America, Middle East & Africa, Latin America, and Europe. Currently, the Asia Pacific
region leads the global tea packaging market owing to its large population base as well as the
significant quantity exports from countries like India and Sri Lanka all over the globe. The
increasing disposable income and the economic growth of these countries is also expected to
drive the growth of this market over the forecast period. Rapid urbanization and increasing
preference for lifestyle products are also fuelling the tea packaging market in Asia Pacific
region. North America is expected to witness steady growth owing to an increasing demand
for ready to drink tea by consumers. Innovative tea packaging is also likely to boost the tea
packaging market in North America.

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Tea Packaging Market Analysis

Tea Packaging Market: Key players

Some of the key players of the global tea packaging market are Fpc Flexible Packaging
Corporation, CascadesInc., Hankuk Package Co Ltd., Aero-pack Industries Inc., Detmold
Group, Oji Fibre Solutions Food Service Packaging, Bericap Sarl, Can-Pack SA, Hood Packaging
Corporation, and Hanil Can Co Ltd.

The report is a compilation of first-hand information, qualitative and quantitative assessment

by industry analysts, inputs from industry experts and industry participants across the value
chain. The report provides in-depth analysis of parent market trends, macro-economic
indicators and governing factors along with market attractiveness as per segments. The
report also maps the qualitative impact of various market factors on market segments and
geographies.

So on..

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Tea Packaging Market Analysis

Tea Packaging Market: Segmentation

By Product type

• tea bags,

• pouches,

• tea pods

By Packaging type

• flexible

• rigid tea packaging.

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