Global Tea Bag Market Size, Share and Trends Analysis Report by Type (Green Tea, Black Tea, Oolong Tea, and Herbal Tea), and Forecast Period, 2019-2025
The global tea bag market is expected to grow at a CAGR of 5.5% during the forecast period. Teabags are the most convenient form of tea that is consumed as it is a faster and easier way. The factors that fuel the global tea bag industry include the premiumization trend market, which pushes the consumers to invest more in the products that are convenient as well as healthy and natural thus escalating the market revenues over the forecast timeframe. However, the preferences of consumers towards the loose tea in comparison with the tea bag as loose tea is better in taste and even smells better, which is expected to hamper the tea bag market growth during the forecast period.
Tea bags are manufacturers with various materials, which are treated with epichlorohydrin, a compound that is utilized for the production of epoxy resins. Epichlorohydrin is known to cause cancer in animals, suppress the immune system and infertility. To overcome such limitations the key players are continuously contributing towards the market growth and to fulfill the shifting preferences of consumers, such as firstly there were gauze tea bags introduced in the market, next is the cotton tea bags, and later the latest paper tea bags that are heat sealable were introduced. Thus, such an introduction of various formats of tea bags is expected to contribute to market growth.
The expansion of the product portfolio and the increasing marketing activities and advertising by the key market players are projected to offer promising opportunities for the key players of this market segment. Tetley GB Ltd., Celestial Seasonings, Inc., Tata Global Beverages, R.Twining and Co., Ltd., The Republic of Tea, Inc., Nestle S.A., Tata DSM Nutritional Products, Associated British Foods LLC, Unilever Group, Oregon Chai Inc., Northern tea Merchants Ltd., AMORE Pacific Corp., and Numi Organic Tea are the key market players that offer tea bags.
Research Methodology:
The market study of the global tea bag market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. The research team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables the analyst to derive the closest possible figures without any major deviations in the actual number. The analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity in our reports.
Secondary Sources Include:
The report is intended for tea manufactures and private companies for overall market analysis and competitive analysis. The report provides an in-depth analysis on market size, intended quality of the service preferred by consumers. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models.
The Report Covers:
The global tea bag market is expected to grow at a CAGR of 5.5% during the forecast period. Teabags are the most convenient form of tea that is consumed as it is a faster and easier way. The factors that fuel the global tea bag industry include the premiumization trend market, which pushes the consumers to invest more in the products that are convenient as well as healthy and natural thus escalating the market revenues over the forecast timeframe. However, the preferences of consumers towards the loose tea in comparison with the tea bag as loose tea is better in taste and even smells better, which is expected to hamper the tea bag market growth during the forecast period.
Tea bags are manufacturers with various materials, which are treated with epichlorohydrin, a compound that is utilized for the production of epoxy resins. Epichlorohydrin is known to cause cancer in animals, suppress the immune system and infertility. To overcome such limitations the key players are continuously contributing towards the market growth and to fulfill the shifting preferences of consumers, such as firstly there were gauze tea bags introduced in the market, next is the cotton tea bags, and later the latest paper tea bags that are heat sealable were introduced. Thus, such an introduction of various formats of tea bags is expected to contribute to market growth.
The expansion of the product portfolio and the increasing marketing activities and advertising by the key market players are projected to offer promising opportunities for the key players of this market segment. Tetley GB Ltd., Celestial Seasonings, Inc., Tata Global Beverages, R.Twining and Co., Ltd., The Republic of Tea, Inc., Nestle S.A., Tata DSM Nutritional Products, Associated British Foods LLC, Unilever Group, Oregon Chai Inc., Northern tea Merchants Ltd., AMORE Pacific Corp., and Numi Organic Tea are the key market players that offer tea bags.
Research Methodology:
The market study of the global tea bag market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. The research team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables the analyst to derive the closest possible figures without any major deviations in the actual number. The analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity in our reports.
Secondary Sources Include:
- Financial reports of companies involved in the market.
- Whitepapers, research-papers, and news blogs.
- Company websites and their product catalog.
The report is intended for tea manufactures and private companies for overall market analysis and competitive analysis. The report provides an in-depth analysis on market size, intended quality of the service preferred by consumers. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models.
The Report Covers:
- Comprehensive Research Methodology of the global tea bag market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the global tea bag market.
- Insights about market determinants which are stimulating the global tea bag market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
Companies Mentioned
A selection of companies mentioned in this report includes:
- AMORE Pacific Corp.
- Arbor Tea (New World Tea, LLC)
- Associated British Foods, PLC
- Barry's Tea
- Celestial Seasonings, Inc.
- Ceylon Organics, Ltd.
- ITO EN (North America) Inc.
- Tata Global Beverages
- Nestlé S.A.
- Numi, Inc.
- R.Twining and Co., Ltd.
- The Republic of Tea, Inc.
- Starbucks Corp.
- The Hain Celestial Group, Inc.
- Townshend's Tea, Co.
- Unilever Group
