Philippines Tea Shop Market Share, Size and Future Projections 2025-30

Overview of the Philippines Tea Shop Market: Key Statistics and Trends:

According to the latest report by MarkNtel Advisors , titled “ Philippines Tea Shop Market By Category (Hot, Cold), By Product Type (Bubble/Boba Tea, White Tea, Yellow Tea, Green Tea, Black Tea, Pu-erh Tea, Oolong Tea, Others) By Price Range (Regular, Premium, Ultra-Premium), By Packing (Cups [Paper, Plastic], Cans, Bottles [Glass, PET], Others) and others, The  Philippines Tea Shop Market  size was valued at around USD 333 million in 2024 and is projected to reach USD 540 million by 2030. Along with this, the market is estimated to grow at a CAGR of around 8.4% during the forecast period, ie, 2025-30. The report provides a thorough analysis of the market, covering competitor dynamics, regional insights, and a detailed breakdown of industry segments.

Philippines Tea Shop Market Growth and Scope:

Base Year: 2024

Forecast Period: 2025-30

Historical Data: 2020-23

CAGR (2025-2030): 8.4%

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Philippines Tea Shop Market Driver:

Rising Influence of Asian Pop Culture Driving Market Demand – The sporting trends of pop culture around Asia encourages the rise of tea drinking in the Philippines. South Korean, Japanese, and Chinese cultural exports have greatly impacted consumer preferences. They are ranked as the 6th largest consumer of Korean pop music, with over 50 million views on major streaming platforms. The same cultural craze has worked its way into the realm of food and drinks, with Korean-style tea drinks gaining popularity. Each year, 1.5 million Filipinos attend Korean cultural festivals, and the number of Korean-themed tea shops in Manila has increased by 30%. Korean waves of Japanese anime and manga spread awareness of the love for anime series among 56.2 million Filipinos, thus boosting the demand for Japanese-style tea drinks like the famous matcha latte.

Furthermore, online communities that congregate around Asian media further increase this number by five million Filipinos. This cultural phenomenon has been responsible for the rise of Asian tea shops to now being over 2,000. This is yet another factor in changing the market landscape and continuing to innovate and diversify tea offerings.

A Comprehensive Analysis of Leading Companies of Philippines Tea Shop Market by MarkNtel Advisors:

·          CHA TUK CHAK

·          Chatime

·          CoCo Fresh Tea & Juice

·          Coolblog

·          Fredley Group of Companies

·          George Steuarts Philippines, Inc.

·          Gong cha

·          Infinitea Milktea

·          KOI Tea

·          Sharetea

·          Tealive

·          The Alley

·          Tiger Sugar

·          Tokyo Bubble Tea

·          Xing Fu Tang

·          Yi Fang

·         Others

Key Philippines Tea Shop Market Segmentation:

Explore Our Comprehensive Study: https://www.marknteladvisors.com/research-library/philippines-tea-shop-market.html 

-By Price Range

·          Regular

·          Premium

·          Ultra-Premium

Based on price range, the Regular price segment leads the market. It holds approximately 60% share of the total market value.

-By Packing

·          Cups

·          Cans

·          Bottles

·          Others

Based on packing, the Cups segment leads the Philippines Tea Shop Industry with a market share of around 49%.

-By Category

·          Hot-Market Size & Forecast 2020-2030, USD Million

·          Cold-Market Size & Forecast 2020-2030, USD Million

-By Product Type

·          Bubble/Boba Tea- Market Size & Forecast 2020-2030, USD Million

·          White Tea- Market Size & Forecast 2020-2030, USD Million

·          Yellow Tea- Market Size & Forecast 2020-2030, USD Million

·          Green Tea- Market Size & Forecast 2020-2030, USD Million

·          Black Tea- Market Size & Forecast 2020-2030, USD Million 

·          Pu-erh Tea- Market Size & Forecast 2020-2030, USD Million

·          Oolong Tea- Market Size & Forecast 2020-2030, USD Million

·          Others

Geographical Analysis

-By Region

·          Luzon

·          Visayas

·          Mindanao

Key Reports Highlights:

·          Market Dimensions & Projections

·          Pricing Evaluation,

·          Recent Strategic Moves by Companies,

·          Primary Stakeholders,

·          Analysis of Import and Export Trends,

·          Competitive Landscape Assessment,

·          Emerging Opportunities,

·          Market Trends and Indicators

“Report Delivery Format: Market research reports from MarkNtel Advisors are available in PDF, Excel, and PowerPoint formats Once payment is successfully processed, the report will be delivered to your email address within 24 hours”

Key Advantages of the Report by MarkNtel Advisors:

·          Accurate Revenue Projections: The report provides precise revenue estimates for the market and its key sub segments, benefiting both market leaders and new entrants.

·          Strategic Insights for Stakeholders: By understanding the competitive landscape, stakeholders can strategically position their businesses and develop effective go-to-market strategies.

·          Comprehensive Market Dynamics Analysis: The report offers valuable insights into the key drivers, restraints, challenges, and opportunities within the market, helping stakeholders make well-informed decisions.

Note: If you need additional information not included in the report, we can customize it to suit your requirements.

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About Us –

MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

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