Myanmar Tea Market 2024

Description

Insights reveal that the Myanmar tea market is set for a healthy expansion, with an anticipated growth of USD 11.7 million, corresponding to a compound annual growth rate (CAGR) of nearly 8.6% from 2024 to 2029. Myanmar’s tea market thrives on its cultural affinity for tea, with fermented tea leaves remaining a unique aspect of local consumption. Urbanization and rising incomes are boosting demand for packaged teas, while tea exports provide an opportunity for economic growth.

This report provides a thorough assessment of the Myanmar 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 and distribution channel. Through this detailed assessment, the report helps uncover the growth potential of the tea industry.

Market Segmentation

The Myanmar 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, grocery stores, foodservice channels, others

The Myanmar market for tea is divided based on product type, packaging and distribution channel. The categorization of the market by product type includes black tea, fruit & herbal tea, green tea, instant tea, and others. Packaging categories include flexible packaging, paper containers, and others (glass, metal, etc.). Distribution channel segmentation includes convenience stores, supermarkets and hypermarkets, grocery stores, foodservice channels, and others.

Competitive Landscape

The market features leading players such as Ever Sunny Industrial Co. Ltd. and Myanmar Lion Co. 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 Myanmar tea market.
Gain in-depth analysis and forecasts for the key segments of the Myanmar tea market: product type, packaging and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Myanmar tea market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Myanmar tea market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
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Table of Contents

TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Myanmar Tea Market – Product Type Analysis
Myanmar Tea Market – Packaging Analysis
Myanmar Tea Market – Distribution Channel Analysis
Key Players and Market Share
– Ever Sunny Industrial Co., Ltd.
– Myanmar Lion Co., Ltd.
Macroeconomic Data and Forecast
Disclaimer

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

Companies Mentioned

Ever Sunny Industrial Co., Ltd.
Myanmar Lion Co., Ltd.