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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 2032


ID: MRFR/IA - E/6203-CR | 147 Pages | Author: Tejas Chaudhary| April 2019

Triangle Tea Bag Packaging Machinery Market Overview


Triangle Tea Bag Packaging Machinery Market Size was valued at USD 2,041.0 Million in 2023. The Triangle Tea Bag Packaging Machinery Market industry is projected to grow from USD 2,106.3 Million in 2024 to USD 2,992.0 Million by 2032, exhibiting a compound annual growth rate (CAGR) of 4.5% during the forecast period (2024 - 2032).

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.


Triangle Tea Bag Packaging Machinery Market Overview


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

Report Attribute/Metric Details
Market Size 2023          USD 2,041.0 Million
Market Size 2024          USD 2,106.3 Million
Market Size 2032          USD 2,992.0 Million
  CAGR  4.5% CAGR
  Base Year 2023
  Forecast Period 2024-2032
  Historical Data 2019 & 2022
  Forecast Units Value (USD Million)
  Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered Orientation, Dimension, End-Use
  Geographies Covered North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors Robert Bosch Packaging Technology GmbH (Germany), Omori Machinery Co., Ltd (Japan), Molins PLC (UK), ROVEMA GmbH (Germany), EconoCorp Inc. (US), PMI Cartoning, Inc. (US), Langley Holdings PLC (UK), ADCO Manufacturing (US), Tetra Pak International S.A. (Switzerland), and Marchesini Group (Italy)
  Key Market Opportunities Increased automationSpace efficient packaging
  Key Market Drivers Growing demand for packaged food items, sundry goods, cosmetic products, confectionery and food items
 

Frequently Asked Questions (FAQ) :

The global triangle tea bag packaging machinery market is expected to expand at 4.5% 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).

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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