Customized Tea Packaging market Is Projected To Grow At A Cagr Of 3.1% Upto 2026 | Solaris Tea, Blue Ridge Tea & Herb Company Ltd., Clipper Tea Co.

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. Customized packaging is a type of packaging where overall packaging or printing on the packet is personalized as per the requirements of the customer.

Among packaging types, flexible packaging segment in customized tea packaging market is expected to possess significant market share during the forecast period, owing to ease of packaging tea powder in pouches and bags with custom requirements. According to ‘Flexible Packaging Industry Overview’ published by Flexible Packaging Association, the flexible packaging industry had US$ 31.1 billion of sales in the U.S. in 2015. Moreover, flexible packaging uses fewer natural resources, less energy in manufacturing, and creates fewer greenhouse gas emissions. Therefore, such advantages offered by flexible packaging are expected to boost demand of the segment during the forecast period.

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Detailed Segmentation:

Global Customized Tea Packaging Market, By Packaging Material:
Polymer & Plastic
Paper and Paperboard
Glass
Metal

Global Customized Tea Packaging Market, By Packaging Type:
Flexible
Pouches
Sachet
Bags

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.

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Players operating in the global customized tea packaging market are adopting various growth strategies such as mergers and acquisitions to cater to increasing demand for customized tea packaging. For instance, in November 2018, Montagu Private Equity firm, announced its plans to acquire the Flexographic packaging division of the Eastman Kodak Company, which is a leading provider of graphics solutions for global packaging printing. Kodak’s Flexo business unit is one of the world’s leading providers of imaging technologies for the graphics customization of printed packaging materials.

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