Tea Bag Packaging Market

1. Tea Bag Packaging Market Highlights The global tea bag packaging market is expected to reach USD 9,205.7 million by 2030 and register a CAGR of 4.50% during the forecast period of 2022 to 2030. The growth of the global tea bag packaging market is expected to be driven by factors such as the awareness regarding the health benefits of tea consumption and rising per capita disposable income in developing countries. Moreover, the shifting preference towards plastic-free tea bags is expected to create opportunities for players operating in the global tea bag packaging market during the forecast period. However, high machinery costs might hamper the growth of the global tea bag packaging market. Get sample copy of report at:https://www.marketresearchfuture.com/sample_request/10815 Segment Analysis The global tea bag packaging market is mainly segmented into tea bag type, outer paper envelope, application, and filter type. On the basis of tea bag type, the tea bag packaging market has been sub- segmented into single chamber and double chamber. On the basis of outer paper envelop, the tea bag packaging market has been segmented into naked bags, crimped, and heat-sealed. On the basis of application, the tea bag packaging market has been segmented into green tea and black tea. On the basis of filter type, the tea bag packaging market has been segmented into paper with pla fiber, paper with plastic fiber paper, non-woven fabric made of plastic, non-woven fabric, and pure paper. Regional Analysis The global tea bag packaging market has been segmented on the basis of region into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. The North American market is further divided into the US, Canada, and Mexico. The European tea bag packaging market has been segmented into Germany, France, the UK, Russia, Poland, and the rest of Europe. The tea bag packaging market in Asia-Pacific has been segmented into China, India, Japan, Southeast Asia, South Korea, and the rest of Asia-Pacific. The Middle East & Africa tea bag packaging market includes the UAE, Saudi Arabia, South Africa, and Rest of Middle East & Africa. The South America tea bag packaging market includes Brazil, Argentina, and Rest of South America. Europe dominated the global tea bag packaging market in 2019. Europe is one of the regions where tea is a widely consumed beverage next to water. According to the European Coffee Federation (ECF), the total tea imported into the region was 228,869.10 tons in 2018. In addition, the growing demand for lightweight and easily transportable packaging raises the demand for tea bag packaging market. The region has been segmented into the UK, Germany, France, Poland, Russia, and the rest of Europe. North America held the second position in the global tea bag packaging market. According to TeaUSA, tea is one of the widely consumed beverages in the region. In 2018, the population in the region consumed more than 84 billion servings of tea. Additionally, more than 84% of the black tea was consumed in 2018 in the region followed by 15% green tea and 1% others. The increasing demand for different flavours of tea is one of the key factors driving tea bag packaging market in the region. Additionally, the rising awareness regarding the benefits that help manage heart problems, cancer, and weight also fuel the growth of the market. Moreover, the portability of tea bags also attracts the consumers toward the use of tea bags. Speak to analyst: https://www.marketresearchfuture.com/ask_for_schedule_call/10815 Key Findings of the Study • The global tea bag packaging market is expected to reach USD 9,205.7million by 2025 at a CAGR of 4.85 % during the forecast period. Europe accounted for the largest market share of 48.24% in 2019, with a market value of USD 3,341.90 million. Based on tea bag type, the double chamber segment is expected to register a CAGR of 5.12% during the forecast period. On the baisis of filter type, the paper with PLA fiber dominated the market with a share of 30.81% in 2019. By outer paper envelope, the naked bags segment is anticipated to register a CAGR of 5.13% during the forecast period. Based on application, the black tea segment accounted for the largest market share of 46.63% in 2019. • • • • •

2. • Some of the key players operating in the tea bag packaging market are Twining and Company Limited (UK), Harney & Sons Fine Teas (US), Celestial Seasonings, Inc (US), Unilever PLC (UK), Tetley (UK), Dilmah Ceylon Tea Company Plc (Sri Lanka), Bigelow Tea (US), F.T. Short Limited (UK), Yorkshire Tea (UK), and Fate House Pte Ltd (Singapore) among others. Access full report @ https://www.marketresearchfuture.com/reports/tea-bag-packaging- market-10815 Key Market Players: MRFR recognizes the following companies as the key players in the global tea bag packaging market— R. Twining and Company Limited (UK), Harney & Sons Fine Teas (US), Celestial Seasonings, Inc (US), Unilever PLC (UK), Tetley (UK), Dilmah Ceylon Tea Company Plc (Sri Lanka), Bigelow Tea (US), F.T. Short Limited (UK), Yorkshire Tea (UK), and Fate House Pte Ltd (Singapore). About Market Research Future: At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. Contact: Market Research Future® 99 Hudson Street,5Th Floor New York, New York 10013 United States of America Phone: +1 628 258 0071(US) +44 2035 002 764(UK) Email: sales@marketresearchfuture.com Website: https://www.marketresearchfuture.com