Market Overview:
The global black tea market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for black tea from emerging markets, increasing awareness about the health benefits of black tea, and growing popularity of iced tea. In terms of volume, the loose tea segment is expected to dominate the global black tea market during the forecast period. However, in terms of value, the plastic containers segment is expected to grow at a higher rate than other segments during the forecast period.
Product Definition:
Black tea is a type of tea that is more oxidized than oolong, green, and white teas. Black tea is generally stronger in flavor and contains more caffeine than the less oxidized teas.
Plastic Containers:
Plastic Containers are used for packaging of tea leaves, it's also used to store other dry goods like flour, sugar and others. It helps in keeping the goods fresh for a longer period and prevents them from moisture. Plastic containers can be single or multi-layered depending upon the quantity required by the manufacturer. The different types of plastic containers available in the market include trays & sachets, tetra packs & pouches among many others.
Loose Tea (Packets and Pouches):
Loose tea is the raw material used for manufacturing black and green tea. It is made from leaves plucked from the plant at full maturity, just before they are ready to fall. The process of making loose tea does not involve any processing or drying like that of other types of teas; it remains in its original form, which includes amino acids and minerals such as iron, magnesium, potassium and calcium among others.
Application Insights:
The supermarkets segment held the largest share of over 70.0% in 2017. The application of black tea is increasing at supermarkets as it is a healthy product with antioxidant properties, which helps to maintain heart health and reduce blood pressure. Moreover, the growing preference for organic products among consumers has driven demand from this application segment.
Specialist retailers accounted for over 11% share in 2017 owing to their focus on offering premium quality products through direct sourcing from plantations to ensure high-quality and consistency across offerings by these retailers globally. These players are also focusing on developing new product formulations that can cater to consumer requirements globally while maintaining profitability margins within acceptable levels for long-term business operations (more than 5 years).
Regional Analysis:
Asia Pacific is expected to be the largest and fastest-growing regional market over the forecast period. The region accounted for a share of more than 50% in 2017 owing to high product consumption in countries, such as India, Sri Lanka, and Japan. Furthermore, increasing health awareness among consumers is anticipated to fuel demand for organic products over the next eight years.
North America emerged as one of the major consumers due to growing consumer preference towards specialty tea beverages across U.S., Canada, and Mexico. Moreover, rising number of retail stores specialized in selling healthy food products will have a positive impact on industry growth during the forecast period from 2018 to 2030 (estimated CAGR of XX%).
Growth Factors:
- Increasing demand for Black Tea from the young population in developing countries due to its health benefits.
- Rising disposable income of the middle-class population in developing countries which will lead to an increase in the demand for Black Tea.
- Growing popularity of tea culture among people around the world will result in an increase in demand for black tea products
Scope Of The Report
Report Attributes
Report Details
Report Title
Black Tea Market Research Report
By Type
Plastic Containers, Loose Tea (Packets and Pouches), Paper Boards, Aluminum Tin
By Application
Supermarkets, Specialist Retailer, Convenience Stores, Online Retailers, Others
By Companies
Unilever, Betjeman & Barton, Basilur Tea, Tata Global Beverages, Celestial Seaonings, Twinnings, Bigelow, Yogi Tea, Adagio Tea, Tea Leaves AUST Pty Ltd, Unilever, Barry's Tea, ITO EN Inc, The Republic of Tea
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
171
Number of Tables & Figures
120
Customization Available
Yes, the report can be customized as per your need.
Global Black Tea Market Report Segments:
The global Black Tea market is segmented on the basis of:
Types
Plastic Containers, Loose Tea (Packets and Pouches), Paper Boards, Aluminum Tin
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Supermarkets, Specialist Retailer, Convenience Stores, Online Retailers, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Unilever
- Betjeman & Barton
- Basilur Tea
- Tata Global Beverages
- Celestial Seaonings
- Twinnings
- Bigelow
- Yogi Tea
- Adagio Tea
- Tea Leaves AUST Pty Ltd
- Unilever
- Barry's Tea
- ITO EN Inc
- The Republic of Tea
Highlights of The Black Tea Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Plastic Containers
- Loose Tea (Packets and Pouches)
- Paper Boards
- Aluminum Tin
- By Application:
- Supermarkets
- Specialist Retailer
- Convenience Stores
- Online Retailers
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Black Tea Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Black tea is a type of tea that is made from the leaves of the Camellia sinensis plant. Black teas are typically darker in color than other types of teas, and they have a stronger flavor than other types of teas.
Some of the major companies in the black tea market are Unilever, Betjeman & Barton, Basilur Tea, Tata Global Beverages, Celestial Seaonings, Twinnings, Bigelow, Yogi Tea, Adagio Tea, Tea Leaves AUST Pty Ltd, Unilever, Barry's Tea, ITO EN Inc, The Republic of Tea.
The black tea market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Black Tea Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Black Tea Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Black Tea Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Black Tea Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Black Tea Market Size & Forecast, 2018-2028
4.5.1 Black Tea Market Size and Y-o-Y Growth
4.5.2 Black Tea Market Absolute $ Opportunity
Chapter 5 Global Black Tea Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Black Tea Market Size Forecast by Type
5.2.1 Plastic Containers
5.2.2 Loose Tea (Packets and Pouches)
5.2.3 Paper Boards
5.2.4 Aluminum Tin
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Black Tea Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Black Tea Market Size Forecast by Applications
6.2.1 Supermarkets
6.2.2 Specialist Retailer
6.2.3 Convenience Stores
6.2.4 Online Retailers
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Black Tea Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Black Tea Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Black Tea Analysis and Forecast
9.1 Introduction
9.2 North America Black Tea Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Black Tea Market Size Forecast by Type
9.6.1 Plastic Containers
9.6.2 Loose Tea (Packets and Pouches)
9.6.3 Paper Boards
9.6.4 Aluminum Tin
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Black Tea Market Size Forecast by Applications
9.10.1 Supermarkets
9.10.2 Specialist Retailer
9.10.3 Convenience Stores
9.10.4 Online Retailers
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Black Tea Analysis and Forecast
10.1 Introduction
10.2 Europe Black Tea Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Black Tea Market Size Forecast by Type
10.6.1 Plastic Containers
10.6.2 Loose Tea (Packets and Pouches)
10.6.3 Paper Boards
10.6.4 Aluminum Tin
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Black Tea Market Size Forecast by Applications
10.10.1 Supermarkets
10.10.2 Specialist Retailer
10.10.3 Convenience Stores
10.10.4 Online Retailers
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Black Tea Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Black Tea Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Black Tea Market Size Forecast by Type
11.6.1 Plastic Containers
11.6.2 Loose Tea (Packets and Pouches)
11.6.3 Paper Boards
11.6.4 Aluminum Tin
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Black Tea Market Size Forecast by Applications
11.10.1 Supermarkets
11.10.2 Specialist Retailer
11.10.3 Convenience Stores
11.10.4 Online Retailers
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Black Tea Analysis and Forecast
12.1 Introduction
12.2 Latin America Black Tea Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Black Tea Market Size Forecast by Type
12.6.1 Plastic Containers
12.6.2 Loose Tea (Packets and Pouches)
12.6.3 Paper Boards
12.6.4 Aluminum Tin
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Black Tea Market Size Forecast by Applications
12.10.1 Supermarkets
12.10.2 Specialist Retailer
12.10.3 Convenience Stores
12.10.4 Online Retailers
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Black Tea Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Black Tea Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Black Tea Market Size Forecast by Type
13.6.1 Plastic Containers
13.6.2 Loose Tea (Packets and Pouches)
13.6.3 Paper Boards
13.6.4 Aluminum Tin
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Black Tea Market Size Forecast by Applications
13.10.1 Supermarkets
13.10.2 Specialist Retailer
13.10.3 Convenience Stores
13.10.4 Online Retailers
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Black Tea Market: Competitive Dashboard
14.2 Global Black Tea Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Unilever
14.3.2 Betjeman & Barton
14.3.3 Basilur Tea
14.3.4 Tata Global Beverages
14.3.5 Celestial Seaonings
14.3.6 Twinnings
14.3.7 Bigelow
14.3.8 Yogi Tea
14.3.9 Adagio Tea
14.3.10 Tea Leaves AUST Pty Ltd
14.3.11 Unilever
14.3.12 Barry's Tea
14.3.13 ITO EN Inc
14.3.14 The Republic of Tea
