Projected to undergo a minor increase, the Hong Kong hot drinks market size is anticipated to grow from USD 1,556.7 million in 2023 to USD 1,935.9 million by 2029, reflecting a CAGR of 3.7% from 2024 to 2029. In Hong Kong, the hot drinks market is characterized by a blend of traditional tea culture and a burgeoning coffee scene. The increasing demand for premium tea and specialty coffee, driven by health trends and lifestyle changes, is fueling market growth.
This report presents a detailed overview of the Hong Kong hot drinks industry, including key data on historical market size, growth rates, and future trends. It offers an in-depth analysis of different market segments, paying close attention to factors like product type, packaging type and distribution channel. This detailed analysis supports the identification of growth opportunities within the hot drinks industry.
Market Segmentation
The Hong Kong hot drinks market is structured as follows:
Product type: coffee, tea, chocolate drinks, malted drinks
Packaging type: flexible packaging, glass, metal, paper-based containers, rigid plastic
Distribution channel: convenience stores, forecourt stores, supermarkets and hypermarkets, grocery stores, bars & HoReCa, e-commerce, others
The Hong Kong hot drinks market is categorized by product type, packaging type and distribution channel. In terms of product type, the market is segmented into coffee, tea, chocolate drinks, and malted drinks. Packaging type segmentation includes flexible packaging, glass, metal, paper-based containers, and rigid plastic. Distribution channel segments consist of convenience stores, forecourt stores, supermarkets and hypermarkets, grocery stores, bars & HoReCa, e-commerce, and others.
Competitive Landscape
The competitive landscape of the hot drinks market features leading companies such as White Cafe Sdn. Bhd., Unilever PLC, UCC Ueshima Coffee Co. Ltd., Tsit Wing Coffee Co. Ltd., Nestle S.A., Multipak Limited, Mondelez International Inc., Moevenpick Holding AG, Melitta Unternehmensgruppe Bentz KG, Massimo Zanetti Beverage Group S.p.A., Luigi Lavazza S.p.A., Lipton Teas and Infusions, Kampery Development Limited, JDE Peet’s N.V., Illycaffe S.p.A., Conagra Brands Inc., CAFEDIRECT PLC, Birmingham Food Products Ltd. and Associated British Foods plc.
The report provides a detailed assessment of prominent companies within the hot drinks market, tracking their performance from 2019 to 2023. Insights reveal fluctuations in market share, highlighting both veteran leaders and emerging players.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Hong Kong hot drinks market.
Gain in-depth analysis and forecasts for the key segments of the Hong Kong hot drinks market: product type, packaging type and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Hong Kong hot drinks market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Hong Kong 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
Hong Kong Hot Drinks Market – Product Type Analysis
Hong Kong Hot Drinks Market – Packaging Type Analysis
Hong Kong Hot Drinks Market – Distribution Channel Analysis
Key Players and Market Share
– White Cafe Sdn. Bhd.
– Unilever PLC
– UCC Ueshima Coffee Co., Ltd.
– Tsit Wing Coffee Co., Ltd.
– Nestle S.A.
– Multipak Limited
– Mondelez International Inc.
– Moevenpick Holding AG
– Melitta Unternehmensgruppe Bentz KG
…
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Hong Kong Hot Drinks Market 2019-2029
Chart Hong Kong Hot Drinks Market, Net Growth, 2019-2029
Chart Hong Kong Hot Drinks Market, Growth Rates, 2019-2029
Table Hong Kong Hot Drinks Market by Product Type, 2019-2029
Chart Hong Kong Hot Drinks Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Hong Kong Hot Drinks Market by Product Type, 2019-2029
Table Hong Kong Hot Drinks Market by Packaging Type, 2019-2029
Chart Hong Kong Hot Drinks Market by Packaging Type, CAGR Historic and Forecast, 2019-2029
Chart Hong Kong Hot Drinks Market by Packaging Type, 2019-2029
Table Hong Kong Hot Drinks Market by Distribution Channel, 2019-2029
Chart Hong Kong Hot Drinks Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Hong Kong Hot Drinks Market by Distribution Channel, 2019-2029
Table Hong Kong Hot Drinks Market Share (%), by Companies, 2019-2023
Chart Hong Kong Hot Drinks Market, by Companies, 2023
Table Hong Kong Hot Drinks Market Share (%), by Brands, 2019-2023
Chart Hong Kong Hot Drinks Market, by Brands, 2023
Table Hong Kong – Population (Millions) and Forecast
Table Hong Kong – Consumer Price Index (CPI) and Forecast
Table Hong Kong – Gross Domestic Product and Forecast
Table Hong Kong Hot Drinks Market: Spend as a Proportion of GDP (%)
Table Hong Kong Hot Drinks Market: Consumption per Capita (Population)
Companies Mentioned
White Cafe Sdn. Bhd.
Unilever PLC
UCC Ueshima Coffee Co., Ltd.
Tsit Wing Coffee Co., Ltd.
Nestle S.A.
Multipak Limited
Mondelez International Inc.
Moevenpick Holding AG
Melitta Unternehmensgruppe Bentz KG
Massimo Zanetti Beverage Group S.p.A.
Luigi Lavazza S.p.A.
Lipton Teas and Infusions
Kampery Development Limited
JDE Peet’s N.V.
Illycaffe S.p.A.
Conagra Brands, Inc.
CAFEDIRECT PLC
Birmingham Food Products Ltd.
Associated British Foods plc