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Customized Tea Packaging Market a Comprehensive Analysis | Key Players – Solaris Tea, Blue Ridge Tea & Herb Company Ltd., Clipper Tea Co., THE CUSTOM PACKAGING, Roastar, SWISS PACK PVT LTD

customized tea packaging

customized tea packaging

Packaging of food items play an important role in increasing the shelf life of packaged food products by preserving the food items from external environment such as changes in climatic conditions or microbial contaminations. Various novel packaging solutions are used to attract consumer base as well as to provide sustainable packaging solutions such as active, smart, interactive, and intelligent packaging technologies.

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Various properties of plastic, enable it to deliver superior performance compared with alternative packaging materials such as glass, paper, and metals. Plastics are easily molded into any desirable shapes and sizes that resulted in packaging innovation and creation of consumer friendly packaging, which is expected to increase its demand in the customized tea packaging market.

However, owing to problems associated with disposal of plastic, various government authorities are focusing to ban plastic use. The National Green Tribunal (NGT) is considering to impose a ban in order to restrict the use of plastics for packaging of all non-essential items in FMCG sector. Therefore, as conventional plastic are non-biodegradable, other sustainable packaging options such as bio-degradable plastics are expected to drive demand during the forecast period.

The global customized tea packaging market was valued at US$ 1.96 billion in 2017, and is expected to register a CAGR of 3.1% in terms of revenue, over the forecast period (2018 – 2026), to reach US$ 2.52 billion by 2026.

Asia Pacific is expected to be the fastest growing region in customized tea packaging market, owing to increasing consumer preference towards packaged food items. According to India Brand Equity Foundation Report on Agriculture and Allied Industries, published in June 2018, packaged food industry in India is expected to cross US$ 65 billion by 2020.

Major players operating in the global customized tea packaging market include Solaris Tea, Blue Ridge Tea & Herb Company Ltd., Clipper Tea Co., THE CUSTOM PACKAGING, Roastar, SWISS PACK PVT LTD, Salazar Packaging, Inc., Pacific Bag, Custom Co-Pak, LYNNPAK PACKAGING LTD., and Scholle IPN.

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Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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