Asia Pacific Tea Market 2024

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Tea, known for its aromatic properties, is made by steeping the cured or fresh leaves of the Camellia sinensis plant in hot or boiling water. This results in traditional teas like black, white, green, yellow, oolong, and yerba mate, each containing caffeine. According to the latest data, the market size of the tea industry in Asia Pacific is expected to rise by USD 14.1 billion with a CAGR of 6.8% by the end of 2029.

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 tea market in Asia Pacific 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, specialty stores, small grocery stores, e-commerce, others
Country: Australia, China, India, Indonesia, Japan, Philippines, South Korea, Thailand, Vietnam, others

The Asia Pacific tea market is segmented on the basis of product type, packaging, distribution channel, and country. On the basis of product type, the tea market in Asia Pacific has been segmented into black tea, fruit & herbal tea, green tea, instant tea, and others. By packaging, the tea market in Asia Pacific has been segmented into flexible packaging, paper containers, and others (glass, metal, etc.). Based on distribution channel, the tea market in Asia Pacific is categorized into convenience stores, supermarkets and hypermarkets, specialty stores, small grocery stores, e-commerce, and others. Geographically, the tea market in Asia Pacific is also segmented into Australia, China, India, Indonesia, Japan, Philippines, South Korea, Thailand, Vietnam, and others.


Competitive Landscape


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

This report provides a comprehensive analysis of the key players in the Asia Pacific tea market, along with their performance from 2019 to 2023. By utilizing this data, businesses can gain a deeper understanding of market dynamics, including shifts in market share, the identification of leading players, and the rise of emerging companies. This information equips firms with a strategic advantage in a competitive landscape, enabling them to refine their market strategies and make informed, long-term decisions.


Why Buy This Report?


Obtain precise statistical data and forecasts for the Asia Pacific tea market.
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.


Table of Contents


TABLE OF CONTENTS
Key findings
Report scope
Research methodology
Market overviewAsia 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
– Abul Khair Consumer Products Ltd.
– Associated British Foods plc
– Azersun Holding MMC
– Bama Tea Co., Ltd.
– Beijing Wuyutai Tea Co., 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)


Product Type

Industry Statistics

Region

Asia Pacific

Published Date

2024

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