Packaged Tea Market, By Type (Iced Tea, Green Tea, Organic Tea and Others), By Packaging (Plastic Containers, Paperboards, Aluminum Tins and Tea Bags), By Application (Residential and Commercial), By Distribution Channel (Supermarkets & Hypermarkets, Specialty Stores, Online Stores and Others) and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Trends, Analysis, and Forecast till 2030

Report Code: PMI467921 | Publish Date: August 2023 | No. of Pages: 168

Global Packaged Tea Market Overview

Tea is an aromatic beverage commonly prepared by pouring hot or boiling water and has stimulated effects in human, primarily due to caffeine content. Drinking tea has become fashion among youngsters and old aged people, so tea needs to be preserved, stored and packed properly in order to retain its freshness, taste as well as its aroma. Packaging of tea preserves it from all external conditions such as any infectious contaminators or climatic change thus ensuring the quality of tea. Black tea and green tea are most popular due to its health benefits while herbal tea is gaining popularity. Black tea shares the major market share revenue due to its benefit. Many gym trainers recommend green tea intake because it is consider as a fat cutter. The Global Packaged Tea Market accounted for US$ 195 billion in 2020 and is estimated to be US$ 297.1 billion by 2030 and is anticipated to register a CAGR of 4.8%.

Impact of Covid-19 pandemic on market

Due to Covid-19 the market of packaged tea has increased due to avoid public rushes and to avoid any contamination such as infections or climatic changes. People prefer packaged tea over traditional tea which boost the market of packaged tea.

Global Packaged Tea Market Drivers & Restraints

Attractive and innovative packaging

Key players of packaged tea are continuously investing in production and increasing their revenue source by innovating the product. For instance manufacturers have launched low calories content with different flavors to meet their rising demand for functional tea.

In response of COVID-19, the growing demand forced the key player to come up with wide range of tea flavors, which may boost the immunity of the individual.

Growing consumer awareness about health and wellness is driving the demand for functional beverages.

Tea is a good material for our drinking source. People really like it because tea has lots of health benefits. Tea is the most used as drinking source, exclude the coffee. The materials that used for the tea packaging are the paper wrap per material, the plastic sachet material, the plastic bottle material and paper box material where each material has the own advantages of their usage in the tea packaging. Good quality product with awesome packaging attracts people to buy from any store.

Fluctuating prices of raw material and health concern might hampers the market of packaged tea.

Global Packaged Tea Market Segmentations & Regional Insights

The Global Packaged Tea Market size is segmented based on type, packaging, application, distribution channel and region.

On the basis of Type, the Global Packaged Tea Market is segmented into iced tea, green tea, organic tea and others. Based on Packaging, the target market is segmented into plastic containers, paperboards, aluminum tins and tea bags. On the basis of application, the target market is segmented into residential and commercial. On the basis of distribution channel, the target market is segmented into supermarkets & hypermarkets, specialty stores, online stores and others.

Regional Insights:

On region the Global Packaged Tea Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia-Pacific and Europe are the two dominating region which shares highest share of packaged tea market due to high growth of supply chain activities and development of packaging solutions. In addition, due to the development of cold chain system to cater perishable goods and government regulations on packaging disposal are also increasing demand for tea packaging in the regions. Middle East region has strong market potential during the forecast period.

Attribute

Details

Base year for estimation

2020

Forecast period

2020 – 2030

Market representation

Revenue in USD Million & CAGR from 2020 – 2030

Market Segmentation

By Type- Iced Tea, Green Tea, Organic Tea and Others

By Packaging– Plastic Containers, Paperboards, Aluminum Tins and Tea Bags

By Application– Residential and Commercial

By Distribution Channel- Supermarkets & Hypermarkets, Specialty Stores, Online Stores and Others

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2030. For the purpose of this study, has segmented the Global Packaged Tea Market report based on type, packaging, application, distribution channel and region.

Global Packaged Tea Market, By Region:

  • North America
    • Middle East & Africa
      • GCC
      • Israel
      • South Africa
      • Rest of Middle East & Africa
    • Latin America
      • Brazil
      • Mexico
      • Rest of Latin America
    • Asia Pacific
      • China
      • India
      • Japan
      • South Korea
      • Rest of Asia Pacific
    • Europe
      • Germany
      • UK
      • France
      • Russia
      • Italy
      • Rest of Europe
    • U.S.
    • Canada

Global Packaged Tea Market Competitive Landscape & Key Players

The key players operating in the Global Packaged Tea Market include Associated British Foods Plc, DAVIDsTEA, Inc., Hain Celestial Group, ITO EN, Ltd, Tata Consumer Products Ltd, Unilever Group.

Global Packaged Tea Market Recent News

In January 2024, Chai Sutta Bar, a global tea chain, announced the launch of its tea brand, Maatea. The company expanded its reach to provide tea lovers all over the world with a distinctive handcrafted tea experience. The company guarantees the highest standards of quality with its state-of-the-art packaging facility, which is furnished with iron and fiber segregators. The company's packaging procedure, which has minimal human interface, preserves the quality of the tea leaves and offers consumers the best possible tea-drinking experience.

Global Packaged Tea Market Company Profile

FAQs

The Global Packaged Tea Market is segmented based on type, packaging, application, distribution channel and region.

High growth of supply chain activities and development of packaging solutions are key for growth in market.

Asia Pacific and Europe are the two dominating regions which constitute highest share of packaged tea market.

The key players operating in the Global Packaged Tea Market include Associated British Foods Plc, DAVIDsTEA, Inc., Hain Celestial Group, ITO EN, Ltd, Tata Consumer Products Ltd, Unilever Group.