Global Tea Pods and Capsules Market, By Product (Pods and Capsules), Types (Soft Tea Pods, Tea Capsules, Hard Tea Pods), Tea Capsules Type (Red Tea Capsules, Green Tea Capsules, Oolong Tea Capsules, Black Tea Capsules, Yellow Tea Capsules), Material (Conventional Plastic, Bio Plastics, Fabric, Others), Application (Residential, Commercial), Distribution Channels (Supermarket/Hypermarket, Convenience Store, Online Retailing, Others), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights: Global Tea Pods and Capsules Market
The tea pods and capsules market is expected to witness market growth at a rate of 8.00% in the forecast period of 2021 to 2028 and is expected to reach USD 7.88 billion by 2028. Data Bridge Market Research report on tea pods and capsules market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the number of tea drinkers globally is escalating the growth of tea pods and capsules market.
Tea pods refer to a sealed, small filter pouches containing tea inside, much like a tea bag. These products are round which are specially designed for brewing a perfect cup of tea. Tea capsules are referred to as encapsulated tea leaves containing ingredients similar to an ordinary cup of tea. These capsules provide comfort and convenience while preparing tea at home, public places and even while travelling.
The increase in demand for single-serve tea pods for both out-of-home and at-home purposes, acts as one of the major factors driving the growth of tea pods and capsules market. The continuous developments to meet with the changing consumer preferences encouraging vendors to introduce novel packaging and product innovations and easier accessibility through online retailing accelerate the market growth. The increase in the preferences towards non-alcoholic beverages along with rise in consumption of tea and coffee among the youth population and growing popularity of the tea pods and capsules owning to their comfort and convenience further influence the market. Additionally, urbanization, growth of e-commerce sector, rise in the online sales, increase in awareness regarding tea benefits and surge in disposable income of people positively affect the tea pods and capsules market. Furthermore, the rise in demand for biodegradable and compostable products among consumers extends profitable opportunities to the market players in the forecast period of 2021 to 2028.
- On the other hand, wide availability of alternatives such as coffee pods and preference for coffee is expected to obstruct the market growth. The pre-immunization trend is projected to challenge the tea pods and capsules market in the forecast period of 2021-2028.
This tea pods and capsules market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on tea pods and capsules market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Tea Pods and Capsules Market Scope and Market Size
The tea pods and capsules market is segmented on the basis of product, types, tea capsules type, material, application and distribution channel. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of product, the tea pods and capsules market is segmented into pods and capsules.
- On the basis of types, the tea pods and capsules market is segmented into soft tea pods, tea capsules and hard tea pods.
- On the basis of tea capsule type, the tea pods and capsules market is segmented into red tea capsules, green tea capsules, oolong tea capsules, black tea capsules and yellow tea capsules.
- On the basis of tea material, the tea pods and capsules market is segmented into conventional plastic, bio plastics, fabric and others.
- On the basis of tea application, the tea pods and capsules market is segmented into residential and commercial.
- On the basis of tea distribution channel, the tea pods and capsules market is segmented into supermarket/hypermarket, convenience store, online retailing and others.
Global Tea Pods and Capsules Market Country Level Analysis
The tea pods and capsules market is analyzed and market size, volume information is provided by country, product, types, tea capsules type, material, application and distribution channel as referenced above.
The countries covered in the global tea pods and capsules market report are the U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific dominates and will continue to foster the tea pods and capsules market because of the high consumption of tea and rise in the working population in the region.
The country section of tea pods and capsules market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Tea Pods and Capsules Market Share Analysis
The tea pods and capsules market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to tea pods and capsules market.
The major players covered in the tea pods and capsules market report are Unilever, Gourmesso, International Coffee & Tea, LLC, Harney & Sons Fine Teas, Dualit, Nestlé, Dilmah Ceylon Tea Company PLC., Kusmi E-Commerce LLC, Caffè Vergnano, Tata Consumer Products, Twinings North America, red espresso USA, Bonini Srl, among others. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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