The worldwide utilization of eco-friendly tea packaging remained at around US$ 6.2 Bn in 2021 and is scheduled to increment at a CAGR of 4.5% to arrive at a valuation of US$ 10.0 Bn by 2032.
Eco-friendly tea packaging solutions that keep the freshness and odor of the product over time are in high demand. The range of more durable tea packaging is launched to maintain the aromatic smell of the product, moisture, and temperature. Antibacterial tea packaging also protects packaged items from direct contact, which can lead to bacterial contamination and infections.
Eco-friendly tea packaging is considered a sustainable packaging alternative that can meet customer demand across the globe. Increasing incidence of weight-related ailments has led to an increase in tea demand because of its antioxidant benefits, which are expected to boost the market over the forecast period.
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In comparison to many other materials like plastic or glass, which are more expensive than paper packaging, the paper segment will develop faster due to its low cost and environmental sustainability. The density, gloss-coating, and opacity of the paper can all be used to assess its quality. Tea is packaged in paper because it has a lower impact on the environment than any type of packaging because it contains no chemicals or undergoes chlorine treatment. As a result, the paper industry will expand at a faster rate.
“Growing preference for biodegradable packaging solutions across the globe, along with growing consumption of organic teas in emerging economies will fuel sales in the market over the forecast period,” says an FMI analyst.
Key Takeaways:
- Based on material, the paper segment is expected to account for 33% of the total market share in 2022.
- In terms of packaging format, sales of bags & sacks will increase at a 3.9% CAGR over the assessment period.
- The U.S. eco-friendly tea packaging market will reach a valuation of US$ 900 Mn in 2022.
- During the forecast period, the Indian eco-friendly tea packaging market is expected to grow at a CAGR of 6.1%.
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Eco-friendly Tea Packaging Market by Category
By Material:
- Plastic
- Metal
- Paper
- Glass
- Others
By Distribution Channel:
- Online
- Offline
By Packaging Format:
- Pouches
- Bags & Sacks
- Stick Pack & Sachets
- Bottles
- Cans
- Containers & Boxes
By Region:
- North America
- Latin America
- Europe
- Middle East and Africa
- East Asia
- South Asia
- Oceania
Competitive Landscape
Leading players in the global eco-friendly tea packaging market are investing in promotional strategies to improve sales. They are launching lightweight and cost-effective products to gain a competitive edge in the market.
Some of the key players in the market include Amcor Plc, DS Smith PLC, ProAmpac LLC, WestRock Company, Mondi PLC, Crown Holdings, Inc, Sonoco Products Company, Graham Packaging Company, Novolex Holdings, Inc, Pacific Bag, Inc., Goglio SpA, Co-Pack Inc., Dongguan Min Lee Packaging Materials Co, Ltd., Shenzhen Color Hoyo Paper & Plastic Products Co, Ltd., Dongguan Jmei Packaging Company Limited, Shenzhen Packmate Packaging Co., Ltd., PBFY Flexible Packaging, Sixto Packaging, Qingdao Dejili Packing Material Co. Ltd., and Color Hoyo Paper & Plastic Products Co., Ltd
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Some of the key developments include:
- Amcor Plc is attempting to improve its manufacturing processes to lower its carbon footprint and develop sustainable eco-friendly tea packaging.
- WestRock Company is planning to expand its paper-based line to replace plastic packaging in e-commerce with a recyclable solution created from socially sourced renewable materials.
Eco-friendly Tea Packaging Market Report
Future Market Insights, in its new report, offers an unbiased analysis of the global market for eco-friendly tea packaging market by material (plastic, metal, paper, glass, others (wood, fabric, etc.)), by distribution channel (online, and offline), by packaging format (pouches, bags & sacks, stick pack & sachets, bottles, cans, and containers & boxes) & region.
Table of Content
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
3.2. Scenario Forecast
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.6. Value Chain Analysis
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