Triangle Tea Bag Packaging Machinery Market Research Report - Global Forecast till 2027

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 2027

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

Triangle Tea Bag Packaging Machinery Market Overview


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


The global triangle tea bag packaging machinery market is expected to witness substantial growth during the forecast period. Europe is expected to be a prominent region in the triangle tea bag packaging machinery market due to the growing demand for lightweight and easily transportable packaging. Along with this, the shift of consumer preferences from traditional tea to specialty tea and demand for organic tea in Asia-Pacific and North America are some of the factors that are expected to drive the triangle tea bag packaging machinery market during the forecast period.


In 2017, Asia-Pacific held the second largest market share in the global triangle tea bag packaging machinery market. The region has the top consumers of tea that include China, India, and Japan and has highest tea producing countries that are exported, across the globe, which will increase the demand for triangle tea bag packaging machinery.


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 machinery 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.


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.


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).


Global Triangle Tea Bag Packaging Machinery Market, by Region, 2017


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.


Industry Related News


Avocado Leaf Tea LLC recently announced their intention to launch five new flavors like Chamomile, Black, Lemon, and Peach, along with pure natural Avocado Leaf. The first four products are expected to be available with a blend of avocado flavor. Their packaging style has taken the triangle form to a 3D level. Boxes of flavors come with 15 pyramid-shaped tea bags that can be used twice.


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 machinery 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.


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   2027: Significant Value
  CAGR   4.43% CAGR(2020-2027)
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  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.


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.