US Triangle Tea Bag Packaging Machinery Market
ID: MRFR/IA - E/11350-US | 100 Pages | Author: Garvit Vyas| December 2023
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In North America, the United States is the third-largest buyer of tea globally, following Russia and Pakistan. According to TeaUSA, the tea industry in the US was worth about USD 12.5 billion in 2017. Among tea-importing countries, the US is unique because it has been growing both in terms of buying and consuming tea. This growth is fueled by several factors, including having a wide variety of tea options, the convenience of tea consumption, health benefits, sustainability, easy availability, ongoing innovations in flavors, and the popularity of high-end specialty teas. Furthermore, as people in the US prefer convenient packaging and have more money to spend, there is an increased demand for machinery that can pack tea bags in a triangle shape. Looking at different capacities of tea bag packaging machinery, the segment for machines that can pack less than 1,800 bags per hour was the most popular in 2017. It made up 42.94% of the market, with a value of USD 6.85 million. This segment is expected to keep growing at a rate of 3.30% during the forecast period. The second-largest market in 2017 was the segment for machines that can pack between 1,800 to 3,000 bags per hour. This segment was valued at USD 4.3 million and is expected to grow at a rate of 4.43%. However, the segment for machines that can pack between 3,000 to 4,800 bags per hour is predicted to grow the fastest, with a high rate of 4.47%.
In simpler terms, the United States is one of the biggest tea buyers in the world, and in North America, it comes after Russia and Pakistan. According to TeaUSA, the tea industry in the US was worth about USD 12.5 billion in 2017, and it's unique because it's growing both in buying and consuming tea. This growth is because people in the US like having many options for tea, find it convenient, and appreciate the health benefits and sustainability of tea. They also like trying new flavors and enjoy high-end specialty teas. As more people in the US prefer easy-to-use tea packaging and have more money to spend, there is a higher demand for machinery that can pack tea bags in a triangle shape. When we look at the different capacities of tea bag packaging machinery, the machines that can pack less than 1,800 bags per hour were the most popular in 2017. This segment is expected to keep growing at a rate of 3.30%. The second most popular segment was for machines that can pack between 1,800 to 3,000 bags per hour. This segment is expected to grow at a rate of 4.43%. However, the segment for machines that can pack between 3,000 to 4,800 bags per hour is predicted to grow the fastest, with a high rate of 4.47%.
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