Automatic Tea Bag Packaging Equipment Market Size

Statistics for the 2023 & 2024 Automatic Tea Bag Packaging Equipment market size, created by Mordor Intelligence™ Industry Reports. Automatic Tea Bag Packaging Equipment size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Automatic Tea Bag Packaging Equipment Industry

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Automatic Tea Bag Packaging Equipment Market Size
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 4.90 %
Fastest Growing Market Asia Pacific
Largest Market Europe
Market Concentration Medium

Major Players

Automatic Tea Bag Packaging Equipment Market Key Players

*Disclaimer: Major Players sorted in no particular order

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Automatic Tea Bag Packaging Equipment Market Analysis

The automatic tea bag packaging equipment market is expected to register a CAGR of over 4.9% during the forecast period (2021 to 2026). According to FAO Intergovernmental Group (IGG), growing consumption of tea is driven by the increasing awareness of it's antioxidant, inflammatory, and weight loss effects.

  • Global tea production and consumption are anticipated to keep rising over the next decade, driven by the robust demand from emerging economies of China and India among others, owing to higher incomes and efforts to diversify production to include specialty items, such as herbal teas, fruit fusions, and flavored gourmet teas.
  • Sustainability is also one of the primary concerns in the tea bag packaging industry. As a result, packaging equipment manufacturers are increasingly adopting automation in their production line and adhering to Sustainable Trade Initiatives throughout the globe.
  • The RTD (Ready-to-Dink) tea and instant tea market are burgeoning across the world, with Asia-Pacific, the United States, and Europe as the largest consumers of RTD products. These teas are convenient and offer a healthy alternative to other ready-to-drink beverages. The RTD market for tea has witnessed strong growth with several entrants looking to tap this opportunity. For instance, in 2018, 8th Wonder Tea, a US-based company launched ready-to-drink teas to meet the rising demand for high-quality teas on-the-go.

Automatic Tea Bag Packaging Machinery Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)