The Asia Pacific hot drinks market is expected to experience robust growth, with a projected increase of USD 39.9 billion and a compound annual growth rate (CAGR) of approximately 5.8% throughout the forecast period. The Asia Pacific region is witnessing robust growth in the hot drinks market, largely due to the rising popularity of tea, particularly in countries like China and India. Urbanization, changing lifestyles, and an increasing focus on health benefits associated with various hot beverages are further driving consumer interest.
The report provides a comprehensive analysis of the Asia Pacific hot drinks industry, presenting detailed market data including historical market size, growth rates, and future forecasts. It offers an in-depth examination of various market categories and subcategories, with a particular focus on key factors such as product type, packaging type, distribution channel and country. The insights gained from this evaluation help reveal the growth potential within the hot drinks sector.
Market Segmentation
The segmentation of the Asia Pacific hot drinks market is outlined below:
Product type: coffee, tea, chocolate drinks, malted drinks, flavored powders, others
Packaging type: flexible packaging, glass, metal, paper-based containers, rigid plastic
Distribution channel: convenience stores, forecourt stores, supermarkets and hypermarkets, warehouse clubs, grocery stores, bars & HoReCa, e-commerce, others
Country: Australia, China, India, Indonesia, Japan, Philippines, South Korea, Thailand, Vietnam, others
In Asia Pacific, the hot drinks market is segmented by product type, packaging type, distribution channel and country. The market is classified by product type into coffee, tea, chocolate drinks, malted drinks, flavored powders, and others. Packaging type segments encompass flexible packaging, glass, metal, paper-based containers, and rigid plastic. Distribution channel segments cover convenience stores, forecourt stores, supermarkets and hypermarkets, warehouse clubs, grocery stores, bars & HoReCa, e-commerce, and others. Geographically, the market is segmented into Australia, China, India, Indonesia, Japan, Philippines, South Korea, Thailand, Vietnam, and others.
Competitive Landscape
The Asia Pacific hot drinks market exhibits significant competition. Leading companies within the market include Zhejiang Xiangpiaopiao Co. Ltd., Yunnan Taetea Tea Industry Group Co. Ltd (TaeTea Group), VV Group, Unilever PLC, UCC Ueshima Coffee Co. Ltd., Ten Fu Group, Tata Consumer Products Ltd., Tapal Tea (Pvt.) Ltd., Royal FrieslandCampina N.V., RG Brands AO, PT. Sinar Sosro, PT. SARI INCOFOOD CORPORATION, PT. Mayora Indah Tbk, PT. Kapal Api Global, PT Wings Surya, PT Java Prima Abadi, Nestle S.A., Natural Food International Holding Limited, Mondelez International Inc., M. M. Ispahani Limited, Lipton Teas and Infusions, KEY COFFEE INC, JG Summit Holdings Inc., JDE Peet’s N.V., Ito En Ltd., Gujarat Tea Processors and Packers Limited, Guangdong Strong Group Company Ltd., Dong Suh Foods Corporation, China Tea Co. Ltd. (COFCO Corporation), Beta Gida Sanayi Ve Ticaret AS, Beijing Zhangyiyuan Beverage Co. Ltd., Beijing Xiaoguan Tea Co. Ltd., Beijing Wuyutai Tea Co. Ltd., Bama Tea Co. Ltd., Associated British Foods plc and Ajinomoto Co. Inc.
This report presents an extensive analysis of major entities in the hot drinks market, focusing on their performance from 2019 to 2023. Findings showcase changes in market share, recognizing both long-standing leaders and new challengers.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Asia Pacific hot drinks market.
Gain in-depth analysis and forecasts for the key segments of the Asia Pacific hot drinks market: product type, packaging type, distribution channel and country.
Gain deep insights into the dynamics of the Asia Pacific hot drinks market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Asia Pacific hot drinks 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
Asia Pacific Hot Drinks Market – Product Type Analysis
Asia Pacific Hot Drinks Market – Packaging Type Analysis
Asia Pacific Hot Drinks Market – Distribution Channel Analysis
Asia Pacific Hot Drinks Market – Country Analysis
Key Players and Market Share
– Zhejiang Xiangpiaopiao Co., Ltd.
– Yunnan Taetea Tea Industry Group Co., Ltd (TaeTea Group)
– VV Group
– Unilever PLC
– UCC Ueshima Coffee Co., Ltd.
– Ten Fu Group
– Tata Consumer Products Ltd.
– Tapal Tea (Pvt.) Ltd.
– Royal FrieslandCampina N.V.
…
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Asia Pacific Hot Drinks Market 2019-2029
Chart Asia Pacific Hot Drinks Market, Net Growth, 2019-2029
Chart Asia Pacific Hot Drinks Market, Growth Rates, 2019-2029
Table Asia Pacific Hot Drinks Market by Product Type, 2019-2029
Chart Asia Pacific Hot Drinks Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Asia Pacific Hot Drinks Market by Product Type, 2019-2029
Table Asia Pacific Hot Drinks Market by Packaging Type, 2019-2029
Chart Asia Pacific Hot Drinks Market by Packaging Type, CAGR Historic and Forecast, 2019-2029
Chart Asia Pacific Hot Drinks Market by Packaging Type, 2019-2029
Table Asia Pacific Hot Drinks Market by Distribution Channel, 2019-2029
Chart Asia Pacific Hot Drinks Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Asia Pacific Hot Drinks Market by Distribution Channel, 2019-2029
Table Asia Pacific Hot Drinks Market by Country, 2019-2029
Chart Asia Pacific Hot Drinks Market by Country, CAGR Historic and Forecast, 2019-2029
Chart Asia Pacific Hot Drinks Market by Country, 2019-2029
Table Asia Pacific Hot Drinks Market Share (%), by Companies, 2019-2023
Chart Asia Pacific Hot Drinks Market, by Companies, 2023
Table Asia Pacific Hot Drinks Market Share (%), by Brands, 2019-2023
Chart Asia Pacific Hot Drinks 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 Hot Drinks Market: Spend as a Proportion of GDP (%)
Table Asia Pacific Hot Drinks Market: Consumption per Capita (Population)
Companies Mentioned
Zhejiang Xiangpiaopiao Co., Ltd.
Yunnan Taetea Tea Industry Group Co., Ltd (TaeTea Group)
VV Group
Unilever PLC
UCC Ueshima Coffee Co., Ltd.
Ten Fu Group
Tata Consumer Products Ltd.
Tapal Tea (Pvt.) Ltd.
Royal FrieslandCampina N.V.
RG Brands AO
PT. Sinar Sosro
PT. SARI INCOFOOD CORPORATION
PT. Mayora Indah, Tbk
PT. Kapal Api Global
PT Wings Surya
PT Java Prima Abadi
Nestle S.A.
Natural Food International Holding Limited
Mondelez International Inc.
M. M. Ispahani Limited
Lipton Teas and Infusions
KEY COFFEE INC
JG Summit Holdings, Inc.
JDE Peet’s N.V.
Ito En, Ltd.
Gujarat Tea Processors and Packers Limited
Guangdong Strong Group Company Ltd.
Dong Suh Foods Corporation
China Tea Co., Ltd. (COFCO Corporation)
Beta Gida Sanayi Ve Ticaret AS
Beijing Zhangyiyuan Beverage Co., Ltd.
Beijing Xiaoguan Tea Co., Ltd.
Beijing Wuyutai Tea Co., Ltd.
Bama Tea Co., Ltd.
Associated British Foods plc
Ajinomoto Co., Inc.