The global Tea Bag Paper market was valued at US$ 417.8 million in 2019 and is expected to reach US$ 484.2 million by the end of 2026, growing at a CAGR of 3.0% during 2021-2026.
A tea bag is a small porous bag or envelope that holds tea or herbs. This bag is dipped into hot water and allowed to steep. It can then be removed to keep the tea free of loose leaves. Most tea bags are made out of a paper fibre.
Tea bag paper is made primarily from abaca hemp, a product of a Philippine banana tree that is also known as Manila hemp. This hemp is bleached and processed. The tea bags are then treated with a heat-sealable thermoplastic such as PVC or polypropylene on the inside.
According to the Segmentation of types, all the market of Tea Bag Paper can be divided as follows: Heat-sealable Tea Bag Paper and Non-heat-sealable Tea Bag Paper. Heat-sealable Tea Bag Paper holds a comparatively larger share in global market, which accounts for about 2/3 of the market in 2019. The following is Non-heat-sealable Tea Bag Paper took 32.87% market share in 2019.
Tea Bag Papers main application area is Black Tea. In 2019, this sector hold a market share of 48.50%. Then followed by the Green Tea which account for 38.27%.
Glatfelter, Ahlstrom-Munksjö, Purico, Hebei Amusen Filter Paper, Pelipaper (Vezirkopru) are the key players in the global Tea Bag Papers market. Top 5 took up about 65% of the global market in 2019.
From the view of region, APAC have a larger consumption market share in 2019 which account for 51.05% volume share and will witness a stable growth in following years. Europe hold about 1/4 of the market. North America shares 15.28% market value share in 2019. South America and Middle East and Africa are also play important role in Global market.
Global Tea Bag Paper Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Tea Bag Paper Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Glatfelter, Ahlstrom-Munksjö, Purico, Twin Rivers Paper, Pelipaper (Vezirkopru), Terranova Papers (Miquel y Costas), Nippon Paper Papylia, Yamanaka Industry, Puli Paper, Zhejiang Kan Special Material, Xingchang New Materials, Hangzhou Xinhua Paper, Hebei Amusen Filter Paper, Hangzhou Kebo Paper and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Find more details at: https://www.themarketreports.com/report/global-tea-bag-paper-market-research-report
Segment by Type
- Heat-sealable Tea Bag Paper
- Non-heat-sealable Tea Bag Paper
Segment by Application
- Black Tea
- Green Tea
Table of Content:
1 Tea Bag Paper Market Overview
2 Tea Bag Paper Market Competition by Manufacturers
3 Tea Bag Paper Retrospective Market Scenario by Region
4 Global Tea Bag Paper Historic Market Analysis by Type
5 Global Tea Bag Paper Historic Market Analysis by Application
6 Key Companies Profiled
7 Tea Bag Paper Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Tea Bag Paper Market Dynamics
10 Global Tea Bag Paper Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta