Market Overview:
The China tea market size reached US$ 54.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 111.9 Billion by 2032, exhibiting a growth rate (CAGR) of 8.39% during 2024-2032.
Report Attribute
|
Key Statistics
|
Base Year
|
2023
|
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Size in 2023
|
US$ 54.2 Billion |
Market Forecast in 2032
|
US$ 111.9 Billion |
Market Growth Rate (2024-2032) |
8.39% |
Tea is a beverage made by steeping young leaves and leaf buds of the camellia sinensis tea plant in freshly boiled water. It is a rich source of flavonoids and other bioactive substances that can reduce inflammation and oxidative stress. As tea contains antioxidants, it helps neutralize free radicals in the body and boosts overall health. It also assists in improving sleep and relaxation and reducing menstrual pain, muscle spasms, and stress. Apart from this, tea offers several health benefits, such as lowering blood pressure, increasing blood circulation, enhancing good cholesterol, minimizing risks of heart attack and stroke, boosting the immune system, and preventing cancer.
China Tea Market Trends:
The growing demand for herbal tea products in China due to several health benefits, such as curing constipation, irritable bowel syndrome (IBS), motion sickness, and headaches and migraines, represents one of the key factors driving the market. Moreover, there is a rise in the number of health-conscious consumers in the country, which is contributing to the growth of the market. In addition, there is an increase in the consumption of tea among the masses as it plays a significant cultural and social role in the country. This, along with the escalating demand for puercheese, colorful bubble, and Hong Kong milk tea in China, is propelling the growth of the market. Besides this, key market players are extensively investing in research and development (R&D) activities to introduce tea-based drinks infused with milk, fruits, and cream cheese. This, coupled with the wide availability of tea through online and offline distribution channels, is offering lucrative growth opportunities to industry investors in the country. Apart from this, governing agencies in China have not imposed licensing requirements and limitations on tea exports, which is bolstering the growth of the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the China tea market report, along with forecasts at the country and regional levels from 2024-2032. Our report has categorized the market based on product type, packaging, distribution channel, and application.
Breakup by Product Type:
- Green Tea
- Black Tea
- Oolong Tea
- Others
Breakup by Packaging:
- Plastic Containers
- Loose Tea
- Paper Boards
- Aluminium Tin
- Tea Bags
- Others
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Specialty Stores
- Convenience Stores
- Online Stores
- Others
Breakup by Application:
Breakup by Region:
- Guangdong
- Jiangsu
- Shandong
- Zhejiang
- Henan
- Others
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Billion |
Segment Coverage |
Product Type, Packaging, Distribution Channel, Application, Region |
Region Covered |
Guangdong, Jiangsu, Shandong, Zhejiang, Henan, Others |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the China tea market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the China tea market?
- What are the key regional markets?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the packaging?
- What is the breakup of the market based on the distribution channel?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the China tea market and who are the key players?
- What is the degree of competition in the industry?