It has been projected that by the end of 2030, the tea infuser market value will cross USD 1,250.7 million mark. And the Compound Annual Growth Rate will be 4.60 percent.
Tea infusers, also known as strainers, are widely used to steep tea leaves. While using it, dried leaves are placed in the infuser for brewing in hot water or a teapot. These products are designed to provide the users with the most convenient way to steep broken or loose tea leaves. This is a process using which one can extract flavors of tea into milk or water. The demand for tea infusers is now getting higher due to its rising preference for tea-based beverages.
Different teas, for example, black or green tea, need a perfect infuser to get flavors into the beverages.
These products come in different sizes, designs, and shapes to offer the consumer an easy-to-use experience. All these things will create a major growth opportunity for the Tea Infuser Market during the forecast period.
The Tea infuser market Report offers an accurate evaluation of the market forecast by covering trends and factors that play a great role in the market. For example, restraints, drivers, challenges, market opportunities, and more. Besides, it also offers an outlook on the development of the market during the forecast period.
The COVID-19 outbreak had severely impacted different industries on multiple levels. For example, logistic restrictions, transportation, and border restrictions. It created economic uncertainty. The outbreak affected the production process and import & export process of tea infusers. However, now the condition is good, and during the forecast period, the market will witness perfect growth.
Major Variables of the Market
The major driving factor of the tea infuser market is the rising number of people who love to drink tea. Besides, the major players are now also introducing new products in the market. This will also trigger growth.
The tea infuser market major challenges are poor supply chain management and the unavailability of good products in all the regional markets. These will adversely affect the market growth.
In some regions, such as Asia and North America, the demand for flavored or specialty tea increases. The companies can take advantage of this situation to capture market share.
The rising cost of the products can be a major restraint for the tea infuser market. Another major restraint can be government regulations related to the usage of BPA in tea infusers.
Cumulative Evaluation of the Market
Different market drivers are now supporting the growth of Tea Infuser Market size across the globe. For example, new products, rising demand for tea, launching new companies, and more. Companies are now exploring new opportunities and applying new strategies to deal with the possible challenges.
Market Segments Analysis
This report on the tea infuser market provides regional, country, and global revenue growth by analyzing different segments. The market has been bifurcated into the Material Type segment, Distribution Channels segment, and Type segment.
Based on the type, the market has been segmented into Tea ball infusers, Tea infuser baskets, Infuser teapots, and Travel mugs and tea mugs. The infuser teapots segment will lead the market due to the rising extension and introduction of new products.
Here the market is divided into fiber, silicon, metal, and plastic. The report suggests the metal segment will dominate the market. Most of the manufacturers are now introduction metal-made infusers as they last long.
Based on this, the entire market can be segmented into Manufacturers, Retailers, Distributors, and E-retail. As per the data, the E-retail segment will witness decent growth as people are now buying products from online stores.
Regional Analysis of the Tea Infuser Market
To accurately predict market growth, it is important to analyze different regional markets. For that, the tea infuser market has been segmented into seven major regions. These are South Asia, East Asia, Europe, North America, Latin America, Europe, Middle East & Africa, and Oceania. Well, the demand for quality tea infusers is rising among the customers due to different properties. And this demand can be seen in the Asian market. So, it is forecasted that the Asian regional market will dominate the market throughout the forecast period. The faster adoption of advanced technology and large players in this region are likely to create massive growth opportunities for the market.
On the other hand, the North American market is forecasted to offer some decent opportunities. The global recovery trend is good, and all the market investors are optimistic about the European market. Furthermore, the rising demand for specialty tear and the rising number of organized retail businesses and cafes also support market growth. The new companies are also emerging in this market which will also drive the market growth in the coming years.
Competitive Analysis of The Market
The report suggests the competition level in the tea infuser market is getting tougher with time, which has also increased the level of uncertainty. Well, more people are now consuming tea, and they are also looking for an easy to make their tea flavorful. This is where a tea infuser comes to play. As it offers them an easy-to-make tea, the demand for such products is now rising. Looking at this trend, the key players are also introducing new products to capture a massive portion of the Tea Infuser Market share. Some of the leading market players in the market are:
Apart from these major market players, some local and unorganized players are also projected to contribute to this market during the forecast period. The report on the tea infuse market includes first-hand information and qualitative & quantitative assessment by the top industry analysts. The readers will also get to know about the parent market trends.
Recent Market Development
In May 2021, Lekue introduced its all-new Calm Tea Infuser that comes in an hourglass style. With a unique design, it has two glass jars and a filter. The company says it can be a perfect gift for moms who love experimenting with spices, aromatic, and leaf tea.
House Again Inc recently introduced its loose-leaf tea infuser that comes with a long-handled strainer filter. It also has extra-fine mesh to remove debris from the tea. The product has become very popular among tea lovers.
The market report offers detailed information about different factors that exist in this market. This comprehensive market analysis report offers a qualitative analysis of the market that covers some major market drivers to explain the market and demand's driving factors. The readers will get an idea about various micro and macro factors that can negatively or positively affect the market growth during the forecast period. Besides, the report also talks about the market challenges that may restrict the Tea Infuser Market size. Some of the major market trends that have been detected include the rising consumption of tea around the globe and the easy infusing process. On the other hand, a detailed analysis of the competitive landscape has also been presented in this report. The market report also provides a detailed Porter's Five Forces to help the readers and the users understand and draw a sound business decision.
Major Industrial Segments
By Material Type
By Distribution Channels
Frequently Asked Questions (FAQ) :
Tea infuser market is projected to grow at a 4.60% CAGR between 2020- 2030.
The Asia Pacific is expected to dominate the tea infuser market.
Tea infuser market is predicted to touch USD 769.5 million by 2024.
Convenient steeping method and rising consumption of tea are the key factors driving the tea infuser market.
Notable players profiled in the tea infuser market include True Fabrications, Inc. (US), LoyalTea B.V. (Netherlands), Magic TeaFit LLC (US), Gifbera Inc. (US), Fred & Friends (US), House Again Inc. (US), Shenzhen Milabao Housewares Co. Ltd (China), Bar Brat (US), Lifetime Brands, Inc. (US),and Newell Brands Inc. (US).