
Tea in Hong Kong, China
Description
Tea in Hong Kong, China
Tea in Hong Kong is a mature category with a long, rich history, and therefore brands must continuously innovate to capture consumer interest in this highly competitive landscape. While demand for tea remains stable, players are employing various strategies to attract customers and differentiate themselves. Tea has entered an era of premiumisation, driven by new product developments that cater for evolving consumer preferences. Lipton, one of the leading tea brands in the local market, has expan...
Euromonitor International's Tea in Hong Kong, China report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data 2019-2023, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market - be they legislative, distribution or pricing issues. Forecasts to 2028 illustrate how the market is set to change.
Product coverage: Black Tea, Fruit/Herbal Tea, Green Tea, Instant Tea, Other Tea.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
* Get a detailed picture of the Tea market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.
Table of Contents
23 Pages
- Tea in Hong Kong, China
- Euromonitor International
- November 2024
- List Of Contents And Tables
- TEA IN HONG KONG, CHINA
- KEY DATA FINDINGS
- 2024 DEVELOPMENTS
- Flavour and product innovation thrive in highly competitive landscape
- Novel formats generate interest to further drive growth
- Functional teas generate consumer interest amid health and wellness trends
- PROSPECTS AND OPPORTUNITIES
- Smaller packaging sizes or “shrinkflation” on the rise
- Specific benefits of tea offer value growth potential over forecast period
- Brands attempt to revamp image of instant tea in Hong Kong
- CATEGORY DATA
- Table 1 Retail Sales of Tea by Category: Volume 2019-2024
- Table 2 Retail Sales of Tea by Category: Value 2019-2024
- Table 3 Retail Sales of Tea by Category: % Volume Growth 2019-2024
- Table 4 Retail Sales of Tea by Category: % Value Growth 2019-2024
- Table 5 NBO Company Shares of Tea: % Retail Value 2020-2024
- Table 6 LBN Brand Shares of Tea: % Retail Value 2021-2024
- Table 7 Forecast Retail Sales of Tea by Category: Volume 2024-2029
- Table 8 Forecast Retail Sales of Tea by Category: Value 2024-2029
- Table 9 Forecast Retail Sales of Tea by Category: % Volume Growth 2024-2029
- Table 10 Forecast Retail Sales of Tea by Category: % Value Growth 2024-2029
- HOT DRINKS IN HONG KONG, CHINA
- EXECUTIVE SUMMARY
- Hot drinks in 2024: The big picture
- 2024 key trends
- Competitive landscape
- Retailing developments
- Foodservice vs retail split
- What next for hot drinks?
- MARKET DATA
- Table 11 Sales of Hot Drinks by Retail vs Foodservice: % Volume Breakdown 2019-2024
- Table 12 Sales of Hot Drinks by Retail vs Foodservice: % Volume Growth 2019-2024
- Table 13 Retail Sales of Hot Drinks by Category: Volume 2019-2024
- Table 14 Retail Sales of Hot Drinks by Category: Value 2019-2024
- Table 15 Retail Sales of Hot Drinks by Category: % Volume Growth 2019-2024
- Table 16 Retail Sales of Hot Drinks by Category: % Value Growth 2019-2024
- Table 17 Foodservice Sales of Hot Drinks by Category: Volume 2019-2024
- Table 18 Foodservice Sales of Hot Drinks by Category: % Volume Growth 2019-2024
- Table 19 Total Sales of Hot Drinks by Category: Total Volume 2019-2024
- Table 20 Total Sales of Hot Drinks by Category: % Total Volume Growth 2019-2024
- Table 21 NBO Company Shares of Hot Drinks: % Retail Value 2020-2024
- Table 22 LBN Brand Shares of Hot Drinks: % Retail Value 2021-2024
- Table 23 Penetration of Private Label in Hot Drinks by Category: % Retail Value 2019-2024
- Table 24 Retail Distribution of Hot Drinks by Format: % Volume 2019-2024
- Table 25 Retail Distribution of Hot Drinks by Format and Category: % Volume 2024
- Table 26 Forecast Sales of Hot Drinks by Retail vs Foodservice: % Volume Breakdown 2024-2029
- Table 27 Forecast Sales of Hot Drinks by Retail vs Foodservice: % Volume Growth 2024-2029
- Table 28 Forecast Retail Sales of Hot Drinks by Category: Volume 2024-2029
- Table 29 Forecast Retail Sales of Hot Drinks by Category: Value 2024-2029
- Table 30 Forecast Retail Sales of Hot Drinks by Category: % Volume Growth 2024-2029
- Table 31 Forecast Retail Sales of Hot Drinks by Category: % Value Growth 2024-2029
- Table 32 Forecast Foodservice Sales of Hot Drinks by Category: Volume 2024-2029
- Table 33 Forecast Foodservice Sales of Hot Drinks by Category: % Volume Growth 2024-2029
- Table 34 Forecast Total Sales of Hot Drinks by Category: Total Volume 2024-2029
- Table 35 Forecast Total Sales of Hot Drinks by Category: % Total Volume Growth 2024-2029
- DISCLAIMER
- SOURCES
- Summary 1 Research Sources
Pricing
Currency Rates
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