Asia Pacific Tea Market 2024

$1,400.00

Description


Projected growth in the Asia Pacific tea market includes an incremental increase of USD 13.9 billion, with a compound annual growth rate (CAGR) of nearly 4.8% through 2029. Asia Pacific remains a global powerhouse in the tea market, driven by its historical significance and the increasing adoption of functional teas. Rapid urbanization and growing disposable incomes, particularly in emerging economies, are propelling demand for premium and convenient tea products. Rising awareness of the health benefits of green and herbal teas further solidifies the region’s dominant position.

This report provides a thorough assessment of the Asia Pacific tea industry, presenting key market data including historical performance, growth trends, and future outlooks. It delves into various market segments and sub-segments, with a focus on important factors like product type, packaging, distribution channel and country. Through this detailed assessment, the report helps uncover the growth potential of the tea industry.


Market Segmentation


The Asia Pacific tea market is categorized into the following segments:
Product type: black tea, fruit & herbal tea, green tea, instant tea, others
Packaging: flexible packaging, paper containers, others (glass, metal, etc.)
Distribution channel: convenience stores, supermarkets and hypermarkets, food & drinks stores, grocery stores, foodservice channels, e-commerce, others
Country: Australia, China, India, Indonesia, Japan, Philippines, South Korea, Thailand, Vietnam, others

The Asia Pacific tea market is categorized by product type, packaging, distribution channel and country. In terms of product type, the market is segmented into black tea, fruit & herbal tea, green tea, instant tea, and others. Packaging segmentation includes flexible packaging, paper containers, and others (glass, metal, etc.). Distribution channel segmentation includes convenience stores, supermarkets and hypermarkets, food & drinks stores, grocery stores, foodservice channels, e-commerce, and others. Geographically, the market spans Australia, China, India, Indonesia, Japan, Philippines, South Korea, Thailand, Vietnam and others.


Competitive Landscape


Key players dominating the tea market include Unilever PLC, Tata Consumer Products Ltd., Yunnan Taetea Tea Industry Group Co. Ltd (TaeTea Group), Lipton Teas and Infusions, Zhejiang Xiangpiaopiao Co. Ltd., Tapal Tea (Pvt.) Ltd., Bama Tea Co. Ltd., Ito En Ltd., Guangdong Strong Group Company Ltd., China Tea Co. Ltd. (COFCO Corporation), Beijing Zhangyiyuan Beverage Co. Ltd., Gujarat Tea Processors and Packers Limited, M. M. Ispahani Limited, Ten Fu Group, Beta Gida Sanayi Ve Ticaret AS, Beijing Wuyutai Tea Co. Ltd., Beijing Xiaoguan Tea Co. Ltd., RG Brands AO, Associated British Foods plc, PT. Sinar Sosro, Greenfield Tea Ltd., Yichang Xiaoshi Tea Group Co. Ltd., Xiamen Huaxiangyuan Industrial Co. Ltd., Azersun Holding MMC, Mitsui Norin Co. Ltd., Abul Khair Consumer Products Ltd., Vital Group (VG), PT. TANG MAS, The Salim Group, Yunnan Xiaguan Tuocha (Group) Co. Ltd., PRIMA DISTRIBUTION LLP, Ahmad Tea Ltd., Sichuan Emei Shan Bamboo Leaf Green Tea Co Ltd and Inter Tea Pvt. Ltd.

This comprehensive report analyzes the performance of leading companies in the tea sector from 2019 to 2023. The findings highlight shifts in market share, revealing both established market leaders and emerging competitors.


Why Buy This Report?


Obtain precise statistical data and forecasts for the Asia Pacific tea market.
Gain in-depth analysis and forecasts for the key segments of the Asia Pacific tea market: product type, packaging, distribution channel and country.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Asia Pacific tea market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Asia Pacific tea market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
A single unlimited user license within the same organization, with no additional charges for extra users.


Table of Contents


TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Asia Pacific Tea Market – Product Type Analysis
Asia Pacific Tea Market – Packaging Analysis
Asia Pacific Tea Market – Distribution Channel Analysis
Asia Pacific Tea Market – Country Analysis
Key Players and Market Share
– Unilever PLC
– Tata Consumer Products Ltd.
– Yunnan Taetea Tea Industry Group Co., Ltd (TaeTea Group)
– Lipton Teas and Infusions
– Zhejiang Xiangpiaopiao Co., Ltd.
– Tapal Tea (Pvt.) Ltd.
– Bama Tea Co., Ltd.
– Ito En, Ltd.
– Guangdong Strong Group Company Ltd.

Macroeconomic Data and Forecast
Disclaimer

FIGURES AND TABLES
Table Asia Pacific Tea Market 2019-2029
Chart Asia Pacific Tea Market, Net Growth, 2019-2029
Chart Asia Pacific Tea Market, Growth Rates, 2019-2029
Table Asia Pacific Tea Market by Product Type, 2019-2029
Chart Asia Pacific Tea Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Asia Pacific Tea Market by Product Type, 2019-2029
Table Asia Pacific Tea Market by Packaging, 2019-2029
Chart Asia Pacific Tea Market by Packaging, CAGR Historic and Forecast, 2019-2029
Chart Asia Pacific Tea Market by Packaging, 2019-2029
Table Asia Pacific Tea Market by Distribution Channel, 2019-2029
Chart Asia Pacific Tea Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Asia Pacific Tea Market by Distribution Channel, 2019-2029
Table Asia Pacific Tea Market by Country, 2019-2029
Chart Asia Pacific Tea Market by Country, CAGR Historic and Forecast, 2019-2029
Chart Asia Pacific Tea Market by Country, 2019-2029
Table Asia Pacific Tea Market Share (%), by Companies, 2019-2023
Chart Asia Pacific Tea Market, by Companies, 2023
Table Asia Pacific Tea Market Share (%), by Brands, 2019-2023
Chart Asia Pacific Tea Market, by Brands, 2023
Table Asia Pacific – Population (Millions) and Forecast
Table Asia Pacific – Consumer Price Index (CPI) and Forecast
Table Asia Pacific – Gross Domestic Product and Forecast
Table Asia Pacific Tea Market: Spend as a Proportion of GDP (%)
Table Asia Pacific Tea Market: Consumption per Capita (Population)


Companies Mentioned


Unilever PLC
Tata Consumer Products Ltd.
Yunnan Taetea Tea Industry Group Co., Ltd (TaeTea Group)
Lipton Teas and Infusions
Zhejiang Xiangpiaopiao Co., Ltd.
Tapal Tea (Pvt.) Ltd.
Bama Tea Co., Ltd.
Ito En, Ltd.
Guangdong Strong Group Company Ltd.
China Tea Co., Ltd. (COFCO Corporation)
Beijing Zhangyiyuan Beverage Co., Ltd.
Gujarat Tea Processors and Packers Limited
M. M. Ispahani Limited
Ten Fu Group
Beta Gida Sanayi Ve Ticaret AS
Beijing Wuyutai Tea Co., Ltd.
Beijing Xiaoguan Tea Co., Ltd.
RG Brands AO
Associated British Foods plc
PT. Sinar Sosro
Greenfield Tea Ltd.
Yichang Xiaoshi Tea Group Co., Ltd.
Xiamen Huaxiangyuan Industrial Co., Ltd.
Azersun Holding MMC
Mitsui Norin Co., Ltd.
Abul Khair Consumer Products Ltd.
Vital Group (VG)
PT. TANG MAS
The Salim Group
Yunnan Xiaguan Tuocha (Group) Co., Ltd.
PRIMA DISTRIBUTION LLP
Ahmad Tea Ltd.
Sichuan Emei Shan Bamboo Leaf Green Tea Co Ltd
Inter Tea, Pvt. Ltd.


Additional information

Product Type

Industry Statistics

Region

Asia Pacific

Published Date

2024

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