Global Tea Capsule Market 2023 | Industry Analysis, Trends, And Forecasts
The Business Research Company’s Tea Capsule Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Tea Capsule Global Market Report 2023 evaluates tea capsule market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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%.
The tea capsule
market segments in the report are:
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
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