Triangle Tea Bag Packaging Machinery Market Research Report - Global Forecast till 2030

Triangle Tea Bag Packaging Machinery Market, Information: by Capacity (Less than 1,800 bags/hour, 1,800 to 3,000 bags/hour and others), Type (Horizontal and Vertical), Application (Green Tea, Black Tea, Coffee) and Region - Forecast till 2030

ID: MRFR/IA - E/6203-CR | April 2019 | Region: Global | 147 Pages         

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Triangle Tea Bag Packaging Machinery Market

Triangle Tea Bag Packaging Machinery Market Size is expected to cross USD $68 billion by 2030 at a CAGR of 4.43% during the forecast period 2022-2030

Segmentation
By Capacity Less than 1 800 bags/hour 1 800 to 3 000 bags/hour others
By Type Horizontal Vertical
By Application Green Tea Black Tea Coffee
Key Players
Companies Profiled   CAMA (LuoYang) Electromechanic Co. Ltd.    dph International GmbH (Germany)    E.C. Packtech Machines Pvt. Ltd (India)    Grace Food Processing & Packaging Machinery    Fuso International (Japan)    SELO (The Netherlands)    Sidsam Group (India)    Tecpacking Group (Tianjin) Co. Ltd (China)    Vista Technopack Machines (India)    Xiamen Sengong Packing Equipment Co. Ltd (China)
Drivers
Market Driving Forces   New product launches and R&D Amongst major key Players    Growing demand for lightweight and easily transportable packaging.
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The Triangle tea bag packaging machinery market will grow at 4.43% CAGR during the gauge time frame.


Triangle Tea Bag Packaging Machinery Market Overview


The worldwide triangle tea sack bundling hardware market is supposed to observe significant development during the estimated time frame. Europe is an unmistakable area in the triangle tea sack bundling hardware market because of the developing interest in lightweight and effectively movable bundling. Alongside this, the shift of purchaser inclinations from customary tea to speciality tea and interest in natural tea in Asia-Pacific and North America are a portion of the variables that are supposed to drive the triangle tea sack bundling apparatus market during the estimated time frame.


In 2017, Asia-Pacific held the second biggest piece of the pie in the worldwide triangle tea sack bundling hardware market. The district has the top purchasers of tea that incorporate China, India, and Japan and has the most elevated tea delivering nations sent out across the globe, which will build the interest for the triangle tea sack bundling apparatus.


The solid promoting procedures are one of the main considerations that can assume a critical part in forming the next few years for the triangle tea sack apparatus market. Advertising divisions have effectively given the tea a picture change. From being a dependence for some, it has now arisen as one of the well-being drinks that can help in weight decrease and detoxification.


Triangle Tea Bag Packaging Machinery Market Key Competitors:


The key players of global triangle tea bag packaging machinery market are CAMA (LuoYang) Electromechanic Co., Ltd. (China), dph International GmbH (Germany), E.C. Packtech Machines Pvt. Ltd (India), Grace Food Processing & Packaging Machinery (India), Fuso International (Japan), SELO (The Netherlands), Sidsam Group (India), Tecpacking Group (Tianjin) Co., Ltd (China), Vista Technopack Machines (India), Xiamen Sengong Packing Equipment Co., Ltd (China).


Recent Developments:


The Year 2020


Avocado Leaf Tea LLC, as of late, reported their aim to send off five new flavours, Chamomile, Black, Lemon, and Peach, alongside unadulterated normal Avocado Leaf. The initial four items are supposed to be accessible with a mix of avocado flavours. Their bundling style has taken the triangle structure to a 3D level. Boxes of flavours accompany 15 pyramid-formed tea sacks that can be utilized two times.


Triangle Tea Bag Packaging Machinery Market Segmentation


The global triangle tea bag packaging machinery market is segmented based on capacity, type, and application. On the basis of capacity the global triangle tea bag packaging technology market is segmented into less than 1,800 bags/hour, 1,800 to 3,000 bags/hour, 3,000 to 4,800 bags/hour, and more than 4,800 bags/hour. Less than 1,800 bags/hour segment is expected to dominate the market, owing to the increased demand by various industries for packaging purposes.


On the basis of type, the global triangle tea bag packaging machinery market is divided into horizontal and vertical. The vertical segment is expected to hold the maximum market share, owing to the high packaging speeds and flexibility.


On the basis of application, the global triangle tea bag packaging machinery market is divided into green tea, black tea, coffee, and others. The green tea segment is expected to hold the maximum market share, due to the rising health awareness and the growing focus of consumers on a healthy lifestyle.


Triangle Tea Bag Packaging Machinery Market Regional Analysis


On the basis of region, the global triangle tea bag packaging machinery market is segmented into North America, Europe, Asia-Pacific (APAC), and the rest of the World.


Global Triangle Tea Bag Packaging Machinery Market, by Regions


Triangle Tea Bag Packaging Machinery Market, by Region


Source: MRFR Analysis


Europe is one of the regions where the tea is a widely consumed beverage next to water. As tea is not commercially grown in the region apart from one garden in Cornwall, UK, it is imported from other countries. According to the European Coffee Federation (ECF), the total tea imported in to the region was 238,224.30 tons in 2016. The companies that are affiliated to the ECF represent a total import volume of about 40 million bags, which is approximately 40% of the world trade volume. In addition, the growing demand for lightweight and easily transportable packaging raises the demand for triangle tea bag packaging machinery.


Germany is one of the major consumers of beverages in Europe. According to the German Tea Association eV, the country has a total tea imports of 53,544 tons from 63 countries and exports accounted 25,021 tons to more than 100 countries in 2017. In addition, the consumption of coffee per capita in 2017 was 162 liters in the country. The growing coffee and tea consumption coupled with changing consumer needs for convenience and easy to use packaging, drives the triangle tea bag packaging machinery market.


Triangle Tea Bag Packaging Equipement Market Synopsis


The global triangle tea bag packaging machinery market has been segmented on the basis of capacity, type, application, and region. On the basis of capacity the global triangle tea bag packaging technology market is segmented into less than 1,800 bags/hour, 1,800 to 3,000 bags/hour, 3,000 to 4,800 bags/hour, and more than 4,800 bags/hour. Less than 1,800 bags/hour segment is expected to dominate the market, due to increased demand by various industries for packaging purposes.


Triangle Tea Bag Packaging Technology Market Segmentation


By Capacity – Less than 1,800 bags/hour, 1,800 to 3,000 bags/hour, 3,000 to 4,800 bags/hour, and More than 4,800 bags/hour By Type – Horizontal and Vertical By Application – Green Tea, Black Tea, Coffee, and Others

Key Questions Addressed by the Report



  • What was the historic market size (2017)?

  • Which segmentation (Capacity/Type/Application is driving market?

  • What will be the growth rate by 2023?

  • How are the key players in this market?

  • What are the strategies adopted by key players?



Report Scope:

Report Attribute/Metric Details
  Market Size   2030: Significant Value
  CAGR   4.43% CAGR (2022-2030)
  Base Year   2021
  Forecast Period   2022-2030
  Historical Data   2019 & 2020
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Capacity , Type and Application
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   CAMA (LuoYang) Electromechanic Co., Ltd. (China), dph International GmbH (Germany), E.C. Packtech Machines Pvt. Ltd (India), Grace Food Processing & Packaging Machinery (India), Fuso International (Japan), SELO (The Netherlands), Sidsam Group (India), Tecpacking Group (Tianjin) Co., Ltd (China), Vista Technopack Machines (India), Xiamen Sengong Packing Equipment Co., Ltd (China).
  Key Market Opportunities   New product launches and R&D Amongst major key Players
  Key Market Drivers   Growing demand for lightweight and easily transportable packaging.


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Frequently Asked Questions (FAQ) :

The global triangle tea bag packaging machinery market is expected to expand at 4.43% CAGR during the forecast period.

A number of companies are striving to make a lasting impression on the global triangle tea bag packaging machinery market, by adopting strategies that include merger, acquisition, product launch, and others.

The global triangle tea bag packaging machinery market is segmented based on capacity, type, and application.

The global triangle tea bag packaging machinery market is segmented into North America, Europe, Asia-Pacific (APAC), and the rest of the World (RoW).

Europe is one of the regions where the tea is a widely consumed beverage next to water. The growing coffee and tea consumption coupled with changing consumer needs for convenience and easy to use packaging, drives the triangle tea bag packaging machinery market in the region.

CAMA (LuoYang) Electromechanic Co., Ltd. (China), dph International GmbH (Germany), E.C. Packtech Machines Pvt. Ltd (India), Grace Food Processing & Packaging Machinery (India), Fuso International (Japan), SELO (The Netherlands), Sidsam Group (India), Tecpacking Group (Tianjin) Co., Ltd (China), Vista Technopack Machines (India), Xiamen Sengong Packing Equipment Co., Ltd (China).