Global Tea Bag Market Growth 2023-2029

Global Tea Bag Market Growth 2023-2029

Product Code:452921

Published Date: Feb 08,2023

Pages: 116

Region: Global

Category: Food & Beverages

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Tea bag is a small, porous, sealed bag containing dried plant material, which is immersed in boiling water to make a hot drink. Classically these are tea leaves, but the term is also used for herbal teas (tisanes) made of herbs or spices. Tea bags are commonly made of filter paper or food-grade plastic, or occasionally of silk. The bag contains the tea leaves while the tea is steeped, making it easier to dispose of the leaves, and performs the same function as a tea infuser. Some tea bags have an attached piece of string with a paper label at the top that assists in removing the bag while also displaying the brand or variety of tea.

LPI (LP Information)' newest research report, the “Tea Bag Industry Forecast” looks at past sales and reviews total world Tea Bag sales in 2022, providing a comprehensive analysis by region and market sector of projected Tea Bag sales for 2023 through 2029. With Tea Bag sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Tea Bag industry.

This Insight Report provides a comprehensive analysis of the global Tea Bag landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Tea Bag portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Tea Bag market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Tea Bag and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Tea Bag.

The global Tea Bag market size is projected to grow from US$ 14920 million in 2022 to US$ 18360 million in 2029; it is expected to grow at a CAGR of 18360 from 2023 to 2029.

Top 3 players which are Lipton (Unilever), Twinings (Associated British Foods), Tetley (Tata Global Beverages) take about 35% of the market.

This report presents a comprehensive overview, market shares, and growth opportunities of Tea Bag market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Black Tea
    Green Tea
    Flavor Tea
    Herbal Tea
    Others

Segmentation by application
    Commercial
    Individual Consumption
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Twinings (Associated British Foods)
    Lipton (Unilever)
    Celestial Seasonings(Hain Celestial Group)
    Tazo (Unilever)
    Dilmah
    Bigelow
    Tetley (Tata Global Beverages)
    Yogi Tea
    The Republic of Tea
    Yorkshire Tea (Bettys & Taylors Group)
    Harney & Sons
    Mighty Leaf Tea(‎Peet’s Coffee & Tea)
    Stash Tea
    Teavana (Starbucks‎)
    Luzianne(Reily Foods Company)
    Numi Tea
    Red Rose(Harris Tea Company)
    Taetea Group
    ChaLi

Key Questions Addressed in this Report
What is the 10-year outlook for the global Tea Bag market?
What factors are driving Tea Bag market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Tea Bag market opportunities vary by end market size?
How does Tea Bag break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?