The global tea packaging market is likely to capture a CAGR of 4.6% during the forecast period. The market is anticipated to reach US$ 6.69 billion in 2023 and is expected to cross US$ 10.5 billion by 2033.
Customers' demand for convenient packaging options is driving growth in the global food and beverage packaging market. The tea packaging industry is one of the most competitive and arduous markets in terms of both product and packaging.
| Attribute | Details |
|---|---|
| Tea Packaging Market Size (2023) | US$ 6.69 billion |
| Tea Packaging Market Size (2033) | US$ 10.5 billion |
| Tea Packaging Market CAGR | 4.6% |
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
According to Future Market Insights (FMI), the market for tea packaging recorded a CAGR of nearly 3.0% from 2018 to 2022 due to increased tea consumption. Moreover, market expansion, product differentiation, and the demand for convenient and functional packaging solutions.
Looking ahead, the forecast from 2023 to 2033 indicates a more promising growth trajectory with a CAGR of 4.6%.
The higher CAGR of 4.6% projected for the tea packaging industry from 2023 to 2033 indicates a significant growth opportunity for the industry.
This upsurge can be attributed to various factors that are driving the demand for tea packaging. One prominent trend contributing to this growth is the increasing consumer preference for sustainable and eco-friendly packaging solutions.
As environmental consciousness continues to rise, consumers are actively seeking tea products that come in recyclable or biodegradable packaging.
Principal Consultant
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
| Countries | Value Share (2022) |
|---|---|
| The United States of America | 14.1% |
| Germany | 5.5% |
| Japan | 10.1% |
| South Korea | 1.0% |
The European tea packaging market captured a 24.1% tea packaging market share for 2022, owing to increased disposable income and economic growth in this region.
The market for tea packaging in the United Kingdom is expected to move ahead at a growth rate of 3.2% from 2023 to 2033.
The supremacy of the Europe tea packaging industry is expected to be influenced by two key factors. Firstly, the increasing tea consumption in Europe plays a pivotal role. With rising awareness of the health benefits and cultural significance of tea, European consumers are embracing tea as a favored beverage. This growing demand for tea products creates a favorable market environment for the tea packaging industry to thrive.
Secondly, the emphasis on sustainability in Europe contributes to the industry's dominance. European consumers are increasingly conscious of environmental issues and actively seek eco-friendly packaging options. This has driven tea packaging companies in Europe to adopt sustainable practices and materials, such as biodegradable packaging solutions.
The North America market has grasped a market share of 16.9% in 2022. North America is expected to grow steadily due to rising consumer demand for ready-to-drink tea. Innovative tea packaging is also expected to boost the market in North America.
As per the FMI study, the tea packaging industry in the United States amassed a value share of 14.1% in 2022, influenced by ready-to-drink (RTD) tea beverages.
The popularity of RTD teas, including bottled iced teas and tea-based beverages, has soared in the United States market. This trend creates a distinct opportunity for tea packaging companies to develop specialized packaging solutions tailored to the specific requirements of RTD tea products, such as convenience features, branding elements, and sustainable packaging options for on-the-go consumption.
In accordance with the FMI analysis, the paper sub-segment is poised to emerge as a prominent sub-segment on the basis of material type, with a 32.3% value share in 2022.
Increasing environmental concerns and the shift towards sustainability have propelled the demand for eco-friendly packaging materials. Paper, being biodegradable, renewable, and recyclable, aligns well with these preferences.
Advancements in paper manufacturing technologies have led to the development of robust and versatile paper packaging solutions that can meet the requirements of diverse industries.
Bags and sacks offer versatile and flexible packaging solutions that can accommodate various product sizes and shapes. This adaptability makes them suitable for a wide range of industries, including food, agriculture, chemicals, and construction.
As per the FMI study, this sub-segment captured a value share of about 22.4% in 2022 as they provide efficient and convenient packaging options, allowing for easy filling, transportation, and storage. Their lightweight nature and stackability enable cost-effective logistics and distribution, catering to a wide range of customers.
Start-ups in the market have paved the way for new companies to enter the industry. Start-ups are aware of this and are driving positive change in the tea packaging market key trends and opportunities. The infusion of new energy generates new ideas, which can lead to more disruption and innovation in the industry.
To spike the sales of tea packaging, leading players in the tea packaging industry are investing in promotional strategies. To gain a competitive advantage in the market for tea packaging, they are launching lightweight and cost-effective products.
Key Players
Recent Developments:
The plant-based raw material holds high revenue potential.
China, Japan, Germany and India is estimated to dominate the global market.
The market is forecast to register a CAGR of 8.7% through 2033.
During 2018 to 2022, the market registered a CAGR of 8.7%.
The rising demand for nutritional value food are the current market trends.
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer’s
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033
4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2018 to 2022
4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2023 to 2033
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Materials Type
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Materials Type, 2018 to 2022
5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Materials Type, 2023 to 2033
5.3.1. Tea Bags
5.3.2. Pouches
5.3.3. Tea Pots
5.4. Y-o-Y Growth Trend Analysis By Materials Type, 2018 to 2022
5.5. Absolute $ Opportunity Analysis By Materials Type, 2023 to 2033
6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Packaging Type
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Packaging Type, 2018 to 2022
6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Packaging Type, 2023 to 2033
6.3.1. Flexible
6.3.2. Rigid
6.4. Y-o-Y Growth Trend Analysis By Packaging Type, 2018 to 2022
6.5. Absolute $ Opportunity Analysis By Packaging Type, 2023 to 2033
7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
7.1. Introduction
7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Region, 2018 to 2022
7.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Region, 2023 to 2033
7.3.1. North America
7.3.2. Latin America
7.3.3. Western Europe
7.3.4. Eastern Europe
7.3.5. South Asia and Pacific
7.3.6. East Asia
7.3.7. Middle East and Africa
7.4. Market Attractiveness Analysis By Region
8. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
8.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
8.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
8.2.1. By Country
8.2.1.1. The USA
8.2.1.2. Canada
8.2.2. By Materials Type
8.2.3. By Packaging Type
8.3. Market Attractiveness Analysis
8.3.1. By Country
8.3.2. By Materials Type
8.3.3. By Packaging Type
8.4. Key Takeaways
9. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
9.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
9.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
9.2.1. By Country
9.2.1.1. Brazil
9.2.1.2. Mexico
9.2.1.3. Rest of Latin America
9.2.2. By Materials Type
9.2.3. By Packaging Type
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Materials Type
9.3.3. By Packaging Type
9.4. Key Takeaways
10. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
10.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
10.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
10.2.1. By Country
10.2.1.1. Germany
10.2.1.2. United Kingdom
10.2.1.3. France
10.2.1.4. Spain
10.2.1.5. Italy
10.2.1.6. Rest of Western Europe
10.2.2. By Materials Type
10.2.3. By Packaging Type
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Materials Type
10.3.3. By Packaging Type
10.4. Key Takeaways
11. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
11.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
11.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
11.2.1. By Country
11.2.1.1. Poland
11.2.1.2. Russia
11.2.1.3. Czech Republic
11.2.1.4. Romania
11.2.1.5. Rest of Eastern Europe
11.2.2. By Materials Type
11.2.3. By Packaging Type
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Materials Type
11.3.3. By Packaging Type
11.4. Key Takeaways
12. South Asia and Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
12.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
12.2.1. By Country
12.2.1.1. India
12.2.1.2. Bangladesh
12.2.1.3. Australia
12.2.1.4. New Zealand
12.2.1.5. Rest of South Asia and Pacific
12.2.2. By Materials Type
12.2.3. By Packaging Type
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Materials Type
12.3.3. By Packaging Type
12.4. Key Takeaways
13. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
13.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
13.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
13.2.1. By Country
13.2.1.1. China
13.2.1.2. Japan
13.2.1.3. South Korea
13.2.2. By Materials Type
13.2.3. By Packaging Type
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Materials Type
13.3.3. By Packaging Type
13.4. Key Takeaways
14. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
14.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
14.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
14.2.1. By Country
14.2.1.1. GCC Countries
14.2.1.2. South Africa
14.2.1.3. Israel
14.2.1.4. Rest of MEA
14.2.2. By Materials Type
14.2.3. By Packaging Type
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By Materials Type
14.3.3. By Packaging Type
14.4. Key Takeaways
15. Key Countries Market Analysis
15.1. USA
15.1.1. Pricing Analysis
15.1.2. Market Share Analysis, 2022
15.1.2.1. By Materials Type
15.1.2.2. By Packaging Type
15.2. Canada
15.2.1. Pricing Analysis
15.2.2. Market Share Analysis, 2022
15.2.2.1. By Materials Type
15.2.2.2. By Packaging Type
15.3. Brazil
15.3.1. Pricing Analysis
15.3.2. Market Share Analysis, 2022
15.3.2.1. By Materials Type
15.3.2.2. By Packaging Type
15.4. Mexico
15.4.1. Pricing Analysis
15.4.2. Market Share Analysis, 2022
15.4.2.1. By Materials Type
15.4.2.2. By Packaging Type
15.5. Germany
15.5.1. Pricing Analysis
15.5.2. Market Share Analysis, 2022
15.5.2.1. By Materials Type
15.5.2.2. By Packaging Type
15.6. United Kingdom
15.6.1. Pricing Analysis
15.6.2. Market Share Analysis, 2022
15.6.2.1. By Materials Type
15.6.2.2. By Packaging Type
15.7. France
15.7.1. Pricing Analysis
15.7.2. Market Share Analysis, 2022
15.7.2.1. By Materials Type
15.7.2.2. By Packaging Type
15.8. Spain
15.8.1. Pricing Analysis
15.8.2. Market Share Analysis, 2022
15.8.2.1. By Materials Type
15.8.2.2. By Packaging Type
15.9. Italy
15.9.1. Pricing Analysis
15.9.2. Market Share Analysis, 2022
15.9.2.1. By Materials Type
15.9.2.2. By Packaging Type
15.10. Poland
15.10.1. Pricing Analysis
15.10.2. Market Share Analysis, 2022
15.10.2.1. By Materials Type
15.10.2.2. By Packaging Type
15.11. Russia
15.11.1. Pricing Analysis
15.11.2. Market Share Analysis, 2022
15.11.2.1. By Materials Type
15.11.2.2. By Packaging Type
15.12. Czech Republic
15.12.1. Pricing Analysis
15.12.2. Market Share Analysis, 2022
15.12.2.1. By Materials Type
15.12.2.2. By Packaging Type
15.13. Romania
15.13.1. Pricing Analysis
15.13.2. Market Share Analysis, 2022
15.13.2.1. By Materials Type
15.13.2.2. By Packaging Type
15.14. India
15.14.1. Pricing Analysis
15.14.2. Market Share Analysis, 2022
15.14.2.1. By Materials Type
15.14.2.2. By Packaging Type
15.15. Bangladesh
15.15.1. Pricing Analysis
15.15.2. Market Share Analysis, 2022
15.15.2.1. By Materials Type
15.15.2.2. By Packaging Type
15.16. Australia
15.16.1. Pricing Analysis
15.16.2. Market Share Analysis, 2022
15.16.2.1. By Materials Type
15.16.2.2. By Packaging Type
15.17. New Zealand
15.17.1. Pricing Analysis
15.17.2. Market Share Analysis, 2022
15.17.2.1. By Materials Type
15.17.2.2. By Packaging Type
15.18. China
15.18.1. Pricing Analysis
15.18.2. Market Share Analysis, 2022
15.18.2.1. By Materials Type
15.18.2.2. By Packaging Type
15.19. Japan
15.19.1. Pricing Analysis
15.19.2. Market Share Analysis, 2022
15.19.2.1. By Materials Type
15.19.2.2. By Packaging Type
15.20. South Korea
15.20.1. Pricing Analysis
15.20.2. Market Share Analysis, 2022
15.20.2.1. By Materials Type
15.20.2.2. By Packaging Type
15.21. GCC Countries
15.21.1. Pricing Analysis
15.21.2. Market Share Analysis, 2022
15.21.2.1. By Materials Type
15.21.2.2. By Packaging Type
15.22. South Africa
15.22.1. Pricing Analysis
15.22.2. Market Share Analysis, 2022
15.22.2.1. By Materials Type
15.22.2.2. By Packaging Type
15.23. Israel
15.23.1. Pricing Analysis
15.23.2. Market Share Analysis, 2022
15.23.2.1. By Materials Type
15.23.2.2. By Packaging Type
16. Market Structure Analysis
16.1. Competition Dashboard
16.2. Competition Benchmarking
16.3. Market Share Analysis of Top Players
16.3.1. By Regional
16.3.2. By Materials Type
16.3.3. By Packaging Type
17. Competition Analysis
17.1. Competition Deep Dive
17.1.1. Fpc Flexible Packaging Corporation
17.1.1.1. Overview
17.1.1.2. Product Portfolio
17.1.1.3. Profitability by Market Segments
17.1.1.4. Sales Footprint
17.1.1.5. Strategy Overview
17.1.1.5.1. Marketing Strategy
17.1.1.5.2. Product Strategy
17.1.1.5.3. Channel Strategy
17.1.2. Cascades Inc.
17.1.2.1. Overview
17.1.2.2. Product Portfolio
17.1.2.3. Profitability by Market Segments
17.1.2.4. Sales Footprint
17.1.2.5. Strategy Overview
17.1.2.5.1. Marketing Strategy
17.1.2.5.2. Product Strategy
17.1.2.5.3. Channel Strategy
17.1.3. Hankuk Package Co Ltd.
17.1.3.1. Overview
17.1.3.2. Product Portfolio
17.1.3.3. Profitability by Market Segments
17.1.3.4. Sales Footprint
17.1.3.5. Strategy Overview
17.1.3.5.1. Marketing Strategy
17.1.3.5.2. Product Strategy
17.1.3.5.3. Channel Strategy
17.1.4. Aero-pack Industries Inc.
17.1.4.1. Overview
17.1.4.2. Product Portfolio
17.1.4.3. Profitability by Market Segments
17.1.4.4. Sales Footprint
17.1.4.5. Strategy Overview
17.1.4.5.1. Marketing Strategy
17.1.4.5.2. Product Strategy
17.1.4.5.3. Channel Strategy
17.1.5. Detmold Group
17.1.5.1. Overview
17.1.5.2. Product Portfolio
17.1.5.3. Profitability by Market Segments
17.1.5.4. Sales Footprint
17.1.5.5. Strategy Overview
17.1.5.5.1. Marketing Strategy
17.1.5.5.2. Product Strategy
17.1.5.5.3. Channel Strategy
17.1.6. Oji Fibre Solutions Food Service Packaging
17.1.6.1. Overview
17.1.6.2. Product Portfolio
17.1.6.3. Profitability by Market Segments
17.1.6.4. Sales Footprint
17.1.6.5. Strategy Overview
17.1.6.5.1. Marketing Strategy
17.1.6.5.2. Product Strategy
17.1.6.5.3. Channel Strategy
17.1.7. Bericap Sarl, Can-Pack SA
17.1.7.1. Overview
17.1.7.2. Product Portfolio
17.1.7.3. Profitability by Market Segments
17.1.7.4. Sales Footprint
17.1.7.5. Strategy Overview
17.1.7.5.1. Marketing Strategy
17.1.7.5.2. Product Strategy
17.1.7.5.3. Channel Strategy
17.1.8. Hood Packaging Corporation
17.1.8.1. Overview
17.1.8.2. Product Portfolio
17.1.8.3. Profitability by Market Segments
17.1.8.4. Sales Footprint
17.1.8.5. Strategy Overview
17.1.8.5.1. Marketing Strategy
17.1.8.5.2. Product Strategy
17.1.8.5.3. Channel Strategy
17.1.9. Hanil Can Co Ltd
17.1.9.1. Overview
17.1.9.2. Product Portfolio
17.1.9.3. Profitability by Market Segments
17.1.9.4. Sales Footprint
17.1.9.5. Strategy Overview
17.1.9.5.1. Marketing Strategy
17.1.9.5.2. Product Strategy
17.1.9.5.3. Channel Strategy
17.1.10. Amcor Plc
17.1.10.1. Overview
17.1.10.2. Product Portfolio
17.1.10.3. Profitability by Market Segments
17.1.10.4. Sales Footprint
17.1.10.5. Strategy Overview
17.1.10.5.1. Marketing Strategy
17.1.10.5.2. Product Strategy
17.1.10.5.3. Channel Strategy
17.1.11. DS Smith PLC
17.1.11.1. Overview
17.1.11.2. Product Portfolio
17.1.11.3. Profitability by Market Segments
17.1.11.4. Sales Footprint
17.1.11.5. Strategy Overview
17.1.11.5.1. Marketing Strategy
17.1.11.5.2. Product Strategy
17.1.11.5.3. Channel Strategy
17.1.12. ProAmpac LLC
17.1.12.1. Overview
17.1.12.2. Product Portfolio
17.1.12.3. Profitability by Market Segments
17.1.12.4. Sales Footprint
17.1.12.5. Strategy Overview
17.1.12.5.1. Marketing Strategy
17.1.12.5.2. Product Strategy
17.1.12.5.3. Channel Strategy
17.1.13. WestRock Company
17.1.13.1. Overview
17.1.13.2. Product Portfolio
17.1.13.3. Profitability by Market Segments
17.1.13.4. Sales Footprint
17.1.13.5. Strategy Overview
17.1.13.5.1. Marketing Strategy
17.1.13.5.2. Product Strategy
17.1.13.5.3. Channel Strategy
18. Assumptions & Acronyms Used
19. Research Methodology
Explore Packaging Insights
View Reports
Tea Packaging Market
