The outlook for the Singapore tea market indicates a modest growth of USD 26.4 million, with an expected compound annual growth rate (CAGR) of approximately 4.3% over the next five years. Singapore’s tea market is shaped by its cosmopolitan population and preference for premium beverages. Health-conscious consumers are driving demand for organic and functional teas, such as matcha and detox blends. The influence of international tea brands and a thriving café culture contribute to market dynamism.
This report presents a detailed overview of the Singapore 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 Singapore 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, e-commerce, others
The segmentation of the Singapore tea market product type, packaging and distribution channel. By product type, the market includes black tea, fruit & herbal tea, green tea, instant tea, and others. Packaging segments encompass flexible packaging, paper containers, and others (glass, metal, etc.). Distribution channel segmentation includes convenience stores, supermarkets and hypermarkets, grocery stores, foodservice channels, e-commerce, and others.
Competitive Landscape
The report provides profiles of notable companies, including Lipton Teas and Infusions, Odani Kokufun Co. Ltd., Associated British Foods plc, MJF Holdings Limited, JDE Peet’s N.V., BOH Plantations Sdn. Bhd., Harada Tea Processing Co. Ltd., Teo Lian Yew Enterprise, Ito En Ltd., Ten Ren Tea Co. Ltd., Gold Kili Trading Enterprise (Singapore) Pte. Ltd. and PT. SARI INCOFOOD CORPORATION.
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 Singapore tea market.
Gain in-depth analysis and forecasts for the key segments of the Singapore 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 Singapore tea market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Singapore 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
Singapore Tea Market – Product Type Analysis
Singapore Tea Market – Packaging Analysis
Singapore Tea Market – Distribution Channel Analysis
Key Players and Market Share
– Lipton Teas and Infusions
– Odani Kokufun Co., Ltd.
– Associated British Foods plc
– MJF Holdings Limited
– JDE Peet’s N.V.
– BOH Plantations Sdn. Bhd.
– Harada Tea Processing Co., Ltd.
– Teo Lian Yew Enterprise
– Ito En, Ltd.
…
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Singapore Tea Market 2019-2029
Chart Singapore Tea Market, Net Growth, 2019-2029
Chart Singapore Tea Market, Growth Rates, 2019-2029
Table Singapore Tea Market by Product Type, 2019-2029
Chart Singapore Tea Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Singapore Tea Market by Product Type, 2019-2029
Table Singapore Tea Market by Packaging, 2019-2029
Chart Singapore Tea Market by Packaging, CAGR Historic and Forecast, 2019-2029
Chart Singapore Tea Market by Packaging, 2019-2029
Table Singapore Tea Market by Distribution Channel, 2019-2029
Chart Singapore Tea Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Singapore Tea Market by Distribution Channel, 2019-2029
Table Singapore Tea Market Share (%), by Companies, 2019-2023
Chart Singapore Tea Market, by Companies, 2023
Table Singapore Tea Market Share (%), by Brands, 2019-2023
Chart Singapore Tea Market, by Brands, 2023
Table Singapore – Population (Millions) and Forecast
Table Singapore – Consumer Price Index (CPI) and Forecast
Table Singapore – Gross Domestic Product and Forecast
Table Singapore Tea Market: Spend as a Proportion of GDP (%)
Table Singapore Tea Market: Consumption per Capita (Population)
Companies Mentioned
Lipton Teas and Infusions
Odani Kokufun Co., Ltd.
Associated British Foods plc
MJF Holdings Limited
JDE Peet’s N.V.
BOH Plantations Sdn. Bhd.
Harada Tea Processing Co., Ltd.
Teo Lian Yew Enterprise
Ito En, Ltd.
Ten Ren Tea Co., Ltd.
Gold Kili Trading Enterprise (Singapore) Pte. Ltd.
PT. SARI INCOFOOD CORPORATION