Tea Capsule Market Report 2023

Tea Capsule Global Market Report 2023 – By Product Type (Red Tea Capsules, Oolong Tea Capsules, Black Tea Capsules, Yellow Tea Capsules, Other Product Types), By Distribution Channel (Hypermarkets & Supermarkets, Specialty Stores, Online Stroes, Convenience Stores, Other Distribution Channels), By Application (Residential, Commercial) – Market Size, Trends, And Global Forecast 2023-2032

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Tea capsules are encapsulated tea leaves that contain ingredients similar to an ordinary cup of tea. Tea capsules offer convenience and comfort when making tea at home, in public places, or even when traveling.

The tea capsules market covered in this report is segmented by product type into red tea capsules, oolong tea capsules, black tea capsules, yellow tea capsules, others. It is also segmented by distribution channel into hypermarkets & supermarkets, specialty stores, online stores, convenience stores, and others, and by application into residential and commercial.

The tea capsules market covered in this report is segmented by product type into red tea capsules, oolong tea capsules, black tea capsules, yellow tea capsules, others. It is also segmented by distribution channel into hypermarkets & supermarkets, specialty stores, online stores, convenience stores, and others, and by application into residential and commercial.

The tea capsules research report is one of a series of new reports from The Business Research Company that provides tea capsules statistics, including tea capsules industry global market size, regional shares, competitors with tea capsules share, detailed tea capsules segments, market trends and opportunities, and any further data you may need to thrive in the tea capsules industry. This tea capsules research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The global tea capsule market will grow from $1.49 billion in 2022 to $1.68 billion in 2023 at a compound annual growth rate (CAGR) of 12.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global tea capsule market is expected to grow to $2.72 billion in 2027 at a CAGR of 12.7%.

Increasing consumption of tea is predicted to boost demand for tea capsules over the forecast period. According to the International Institute of Sustainable Development (IISD), tea has become the second most popular beverage, with 3 billion cups consumed every day across the globe. According to a World Atlas report published in September 2020, China produces more than 2 million tonnes of tea, making it the world's leading manufacturer of tea, and India ranks second on the list with a tea production rate of 1.2 million tonnes. Furthermore, according to the Global Dubai Tea Forum, per capita consumption of tea is projected to increase to 37.7 litres by the end of 2021. Growing per capita consumption is likely to drive the demand for tea capsules in the near future.

High prices of tea capsules are projected to hinder the growth of the market. In addition to this, changing consumer preferences towards healthy options in hot beverages such as almond & maple hot chocolate, warm spiced coconut-almond milk, hot lemon water, apple cider with cinnamon, and others are likely to hamper the demand for tea capsules in the forecast period. Additionally, the rising price of tea is anticipated to have an adverse effect on the tea market, including powder tea and capsule tea. For instance, in April 2021, according to commodity market outlook report, published by world bank, the average tea price $/kg increased to $3.09/kg in Q3, 2020 from $2.57/kg in Q2, 2020.

The players engaged in the manufacturing and selling of tea capsules are adopting various strategies, such as mergers and acquisitions, new product launches, and plant capacity expansion, in order to maintain their position in the competitive business environment. For instance, in October 2020, Melitta Single Portions, a Florida-based beverage company is collaborating with SABIC's TRUCIRCLE™ range of solutions and services to develop its ground-breaking new premium organic tea capsules made from certified circular polypropylene (PP) that employs recycled plastic feedstock. The launch signified an innovative use of recycled, transparent plastic tea capsules in the industry, as well as an exciting step toward a more sustainable future with items that are easier to recycle and contribute to the creation of a circular economy for plastics.

In December 2020, Layn Natural Ingredients Corp., a China-based ingredients supplier specialising in natural extracts and other solutions, acquired Wagott Bio-tech for an undisclosed amount. The purpose of this equity acquisition is to integrate and leverage resources, combining intellectual property and advantages in management, products, processes, and relationships to deliver increasing compelling value to customers. Wagott Bio-tech is a USA-based manufacturer of green tea caffeine, green tea extracts, and other herbal extracts.

Major players in the tea capsules market are Dualit Limited, Teespresso, Nestle Nespresso, Lipton, Corsini, Bonini S.r.l., and Red Espresso.

Asia-Pacific was the largest region in the tea capsules market in 2022. Western Europe was the second-largest region in the global tea capsules market. The regions covered in the global tea capsules market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Major players in the tea capsules market are Dualit Limited, Teespresso, Nestle Nespresso, Lipton, Corsini, Bonini S.r.l., and Red Espresso.

Asia-Pacific was the largest region in the tea capsules market in 2022. Western Europe was the second-largest region in the global tea capsules market. The regions covered in the global tea capsules market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

The countries covered in the tea capsules market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The tea capsule market consists of sales of red tea capsules, oolong tea capsules, black tea capsules, yellow tea capsules, and other tea capsules. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The global tea capsule market is segmented -

1) By Product Type: Red Tea Capsules, Oolong Tea Capsules, Black Tea Capsules, Yellow Tea Capsules, Other Product Types

2) By Distribution Channel: Hypermarkets & Supermarkets, Specialty Stores, Online Stroes, Convenience Stores, Other Distribution Channels

3) By Application: Residential, Commercial

    Table Of Contents

    1. Executive Summary

    2. Tea Capsule Market Characteristics

    3. Tea Capsule Market Trends And Strategies

    4. Tea Capsule Market – Macro Economic Scenario

    4.1 COVID-19 Impact On Tea Capsule Market

    4.2 Ukraine-Russia War Impact On Tea Capsule Market

    4.3 Impact Of High Inflation On Tea Capsule Market

    5. Tea Capsule Market Size And Growth

    5.1. Global Tea Capsule Historic Market, 2017-2022, $ Billion

    5.1.1. Drivers Of The Market

    5.1.2. Restraints On The Market

    5.2. Global Tea Capsule Forecast Market, 2022-2027F, 2032F, $ Billion

    5.2.1. Drivers Of The Market

    5.2.2. Restraints On the Market

    6. Tea Capsule Market Segmentation

    6.1. Global Tea Capsule Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    Red Tea Capsules

    Oolong Tea Capsules

    Black Tea Capsules

    Yellow Tea Capsules

    Other Product Types

    6.2. Global Tea Capsule Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    Hypermarkets & Supermarkets

    Specialty Stores

    Online Stroes

    Convenience Stores

    Other Distribution Channels

    6.3. Global Tea Capsule Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    Residential

    Commercial

    7. Tea Capsule Market Regional And Country Analysis

    7.1. Global Tea Capsule Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    7.2. Global Tea Capsule Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    8. Asia-Pacific Tea Capsule Market

    8.1. Asia-Pacific Tea Capsule Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Tea Capsule Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    9. China Tea Capsule Market

    9.1. China Tea Capsule Market Overview

    9.2. China Tea Capsule Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion

    10. India Tea Capsule Market

    10.1. India Tea Capsule Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    11. Japan Tea Capsule Market

    11.1. Japan Tea Capsule Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    12. Australia Tea Capsule Market

    12.1. Australia Tea Capsule Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    13. Indonesia Tea Capsule Market

    13.1. Indonesia Tea Capsule Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    14. South Korea Tea Capsule Market

    14.1. South Korea Tea Capsule Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    15. Western Europe Tea Capsule Market

    15.1. Western Europe Tea Capsule Market Overview

    15.2. Western Europe Tea Capsule Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    16. UK Tea Capsule Market

    16.1. UK Tea Capsule Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    17. Germany Tea Capsule Market

    17.1. Germany Tea Capsule Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    18. France Tea Capsule Market

    18.3. France Tea Capsule Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    19. Eastern Europe Tea Capsule Market

    19.1. Eastern Europe Tea Capsule Market Overview

    19.2. Eastern Europe Tea Capsule Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    20. Russia Tea Capsule Market

    20.1. Russia Tea Capsule Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    21. North America Tea Capsule Market

    21.1. North America Tea Capsule Market Overview

    21.2. North America Tea Capsule Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    22. USA Tea Capsule Market

    22.1. USA Tea Capsule Market Overview

    22.2. USA Tea Capsule Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    23. South America Tea Capsule Market

    23.1. South America Tea Capsule Market Overview

    23.2. South America Tea Capsule Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    24. Brazil Tea Capsule Market

    24.1. Brazil Tea Capsule Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    25. Middle East Tea Capsule Market

    25.1. Middle East Tea Capsule Market Overview

    25.2. Middle East Tea Capsule Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    26. Africa Tea Capsule Market

    26.1. Africa Tea Capsule Market Overview

    26.2. Africa Tea Capsule Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    27. Tea Capsule Market Competitive Landscape And Company Profiles

    27.1. Tea Capsule Market Competitive Landscape

    27.2. Tea Capsule Market Company Profiles

    27.2.1. Dualit Limited

    27.2.1.1. Overview

    27.2.1.2. Products and Services

    27.2.1.3. Strategy

    27.2.1.4. Financial Performance

    27.2.2. Teespresso

    27.2.2.1. Overview

    27.2.2.2. Products and Services

    27.2.2.3. Strategy

    27.2.2.4. Financial Performance

    27.2.3. Nestle Nespresso

    27.2.3.1. Overview

    27.2.3.2. Products and Services

    27.2.3.3. Strategy

    27.2.3.4. Financial Performance

    27.2.4. Lipton

    27.2.4.1. Overview

    27.2.4.2. Products and Services

    27.2.4.3. Strategy

    27.2.4.4. Financial Performance

    27.2.5. Corsini

    27.2.5.1. Overview

    27.2.5.2. Products and Services

    27.2.5.3. Strategy

    27.2.5.4. Financial Performance

    28. Key Mergers And Acquisitions In The Tea Capsule Market

    29. Tea Capsule Market Future Outlook and Potential Analysis

    30. Appendix

    30.1. Abbreviations

    30.2. Currencies

    30.3. Historic And Forecast Inflation Rates

    30.4. Research Inquiries

    30.5. The Business Research Company

    30.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2017-2022, $ Billion
  • Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
  • Table 3: Global Tea Capsule Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 4: Global Tea Capsule Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 5: Global Tea Capsule Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 6: Global Tea Capsule Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 7: Global Tea Capsule Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 8: Asia-Pacific, Tea Capsule Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 9: China, Tea Capsule Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 10: India, Tea Capsule Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 11: Japan, Tea Capsule Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 12: Australia, Tea Capsule Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 13: Indonesia, Tea Capsule Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 14: South Korea, Tea Capsule Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 15: Western Europe, Tea Capsule Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 16: UK, Tea Capsule Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 17: Germany, Tea Capsule Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 18: France, Tea Capsule Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 19: Eastern Europe, Tea Capsule Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 20: Russia, Tea Capsule Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 21: North America, Tea Capsule Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 22: USA, Tea Capsule Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 23: South America, Tea Capsule Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 24: Brazil, Tea Capsule Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 25: Middle East, Tea Capsule Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 26: Africa, Tea Capsule Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 27: Dualit Limited Financial Performance
  • Table 28: Teespresso Financial Performance
  • Table 29: Nestle Nespresso Financial Performance
  • Table 30: Lipton Financial Performance
  • Table 31: Corsini Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2017-2022, $ Billion
  • Figure 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
  • Figure 3: Global Tea Capsule Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 4: Global Tea Capsule Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 5: Global Tea Capsule Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 6: Global Tea Capsule Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 7: Global Tea Capsule Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 8: Asia-Pacific, Tea Capsule Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 9: China, Tea Capsule Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 10: India, Tea Capsule Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 11: Japan, Tea Capsule Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 12: Australia, Tea Capsule Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 13: Indonesia, Tea Capsule Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 14: South Korea, Tea Capsule Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 15: Western Europe, Tea Capsule Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 16: UK, Tea Capsule Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 17: Germany, Tea Capsule Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 18: France, Tea Capsule Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 19: Eastern Europe, Tea Capsule Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 20: Russia, Tea Capsule Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 21: North America, Tea Capsule Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 22: USA, Tea Capsule Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 23: South America, Tea Capsule Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 24: Brazil, Tea Capsule Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 25: Middle East, Tea Capsule Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 26: Africa, Tea Capsule Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 27: Dualit Limited Financial Performance
  • Figure 28: Teespresso Financial Performance
  • Figure 29: Nestle Nespresso Financial Performance
  • Figure 30: Lipton Financial Performance
  • Figure 31: Corsini Financial Performance
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