The Hong Kong tea market is anticipated to witness significant growth, with an expected uptick of USD 104.2 million, equating to a compound annual growth rate (CAGR) of about 5.5% in the coming years. Hong Kong’s tea market is defined by a mix of traditional and modern preferences. While milk tea remains a cultural icon, growing interest in health-conscious products has boosted demand for green and herbal teas. The city’s café culture and tea-related tourism also enhance market opportunities.
This report presents a detailed overview of the Hong Kong tea 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 and distribution channel. This detailed analysis supports the identification of growth opportunities within the tea industry.
Market Segmentation
The Hong Kong tea market is structured as follows:
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 Hong Kong tea market is categorized by 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 segmentation includes 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
Major participants in the tea market comprise Lipton Teas and Infusions, Multipak Limited, Associated British Foods plc, Birmingham Food Products Ltd., Kampery Development Limited, East West Tea Company LLC and The Hain Celestial Group Inc. The report provides a detailed assessment of prominent companies within the tea 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 tea market.
Gain in-depth analysis and forecasts for the key segments of the Hong Kong 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 Hong Kong tea market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Hong Kong 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
Hong Kong Tea Market – Product Type Analysis
Hong Kong Tea Market – Packaging Analysis
Hong Kong Tea Market – Distribution Channel Analysis
Key Players and Market Share
– Lipton Teas and Infusions
– Multipak Limited
– Associated British Foods plc
– Birmingham Food Products Ltd.
– Kampery Development Limited
– East West Tea Company, LLC
– The Hain Celestial Group, Inc.
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Hong Kong Tea Market 2019-2029
Chart Hong Kong Tea Market, Net Growth, 2019-2029
Chart Hong Kong Tea Market, Growth Rates, 2019-2029
Table Hong Kong Tea Market by Product Type, 2019-2029
Chart Hong Kong Tea Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Hong Kong Tea Market by Product Type, 2019-2029
Table Hong Kong Tea Market by Packaging, 2019-2029
Chart Hong Kong Tea Market by Packaging, CAGR Historic and Forecast, 2019-2029
Chart Hong Kong Tea Market by Packaging, 2019-2029
Table Hong Kong Tea Market by Distribution Channel, 2019-2029
Chart Hong Kong Tea Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Hong Kong Tea Market by Distribution Channel, 2019-2029
Table Hong Kong Tea Market Share (%), by Companies, 2019-2023
Chart Hong Kong Tea Market, by Companies, 2023
Table Hong Kong Tea Market Share (%), by Brands, 2019-2023
Chart Hong Kong Tea 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 Tea Market: Spend as a Proportion of GDP (%)
Table Hong Kong Tea Market: Consumption per Capita (Population)
Companies Mentioned
Lipton Teas and Infusions
Multipak Limited
Associated British Foods plc
Birmingham Food Products Ltd.
Kampery Development Limited
East West Tea Company, LLC
The Hain Celestial Group, Inc.