Tea and Coffee Packaging Market – Introduction:
Global food and beverage packaging market is growing gradually due to the rising demand for convenient packaging solutions. Tea and coffee market is one of the most competitive and demanding markets in terms of product as well as packaging. Tea and coffee market is gaining massive popularity across the globe. Tea and coffee manufacturers are focusing on innovative packaging of the product to attract more consumers. Tea and coffee packaging manufacturers are continuing to provide various sustainable packaging material to reduce the recycling cost as well as the cost involved in logistics. Consumers demand tea and coffee packaging solution that maintains the freshness and aroma of the product over the long period of time. A better packaging protects the tea and coffee from humidity, spillage, temperature, etc. Tea and coffee packaging also helps the packaged material from direct contact of moisture which can create the harmful microorganisms and can reduce the flavor of products.
Tea and Coffee Packaging Market – Dynamics:
Extensive consumption of tea and coffee across the globe has led tea and coffee packaging manufacturers to develop innovative packaging solutions. The tea and coffee packaging market is anticipated to grow at significant rate during the forecast period. Rapid urbanization and industrialization are some of the major aspects responsible for active growth of tea and coffee packaging market. Tea and coffee packaging is measured to be a sustainable packaging solution which can fulfill the consumers demand across the globe. The rising number of weight related diseases has led to a growing demand for tea and coffee attributed to its antioxidant properties and are likely to increase the global tea and coffee packaging demand over the forecast period.
Demand for tea and coffee packaging supplied for single use is a key factor driving the growth of the global tea and coffee packaging market. Tea and coffee can be packaged in various packaging solutions such as stand-up pouches, side gusseted bags, flat bottom bags, bag in box, restraining factors for global tea and coffee packaging market.
Tea and Coffee Packaging Market – Segmentation:
The global market for tea and coffee packaging is segmented on the basis of material type, by packaging type and by capacity.
On the basis of material type the global market for tea and coffee packaging is segmented as follows:
- Paper & Paperboard
On the basis of packaging type the global market for tea and coffee packaging is segmented as follows:
- Vacuum pouches & bags
- Stand-up pouches
- Side gusseted bags
- Flat bottom bags
- Bag in box
On the basis of capacity the global market for tea and coffee packaging is segmented as follows:
- Up to 100 gms
- 100 to 250 gms
- 250 to 500 gms
- Above 500 gms
Tea and Coffee Packaging Market – Regional Outlook:
On the basis of geography, global tea and coffee packaging market region is divided into Latin America, North America, Eastern Europe, Western Europe, Asia Pacific excluding Japan (APEJ), Middle East & Africa (MEA), and Japan. Among all the above region, the market for tea and coffee packaging is largely dominated in by North America, and is expected to grow during the forecast period. Along with North America, APEJ region is anticipated to witness highest growth. The Middle East and Africa and Latin America region are anticipated to witness above average growth during the forecast period 2017-2027.
Tea and Coffee Packaging Market – Major Players:
Some of the prominent players operating in the global tea and coffee packaging market include Amcor Ltd, Mondi PLC, Graham Packaging Company, DS Smith PLC, Bemis Co Inc, ProAmpac LLC, L.P., Cascades Inc., Pacific Bag, Inc., Fpc Flexible Packaging Corporation, Hankuk Package Co Ltd., and Aero-pack Industries Inc.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.