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Philippines Tea Shop Market to Witness 8.4% CAGR Growth Amid Rising Demand and Innovation

MarkNtel Advisors recently published a detailed industry analysis of the Philippines Tea Shop Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.

Philippines Tea Shop Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2030

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, i.e., 2025-30.

Key Findings in Philippines Tea Shop Market:

  • Historical Analysis: 2020–2023    
  • Base Year: 2024
  • Forecast Period: 2025–2030

Leading Market Players- CHA TUK CHAK, Chatime, CoCo Fresh Tea & Juice, Coolblog, Fredley Group of Companies, George Steuarts Philippines, Inc., Gong cha, Infinitea Milktea, KOI Thé, Sharetea, Tealive, The Alley, Tiger Sugar, Tokyo Bubble Tea, Xing Fu Tang, Yi Fang and others

Key Highlights of the Report

  • 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

What are the major Driver the Philippines Tea Shop industry?

Rising Influence of Asian Pop Culture Driving Market Demand – The sporting trends of pop culture around Asia encourage 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.

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What segments define the Philippines Tea Shop Market from 2025 to 2030? How do these segments contribute to market dynamics and growth?

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

By Price Range

    • Regular- Market Size & Forecast 2020-2030, USD Million
    • Premium- Market Size & Forecast 2020-2030, USD Million
    • Ultra-Premium- Market Size & Forecast 2020-2030, USD Million

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

By Packing

    • Cups- Market Size & Forecast 2020-2030, USD Million
      • Paper- Market Size & Forecast 2020-2030, USD Million
      • Plastic- Market Size & Forecast 2020-2030, USD Million
    • Cans- Market Size & Forecast 2020-2030, USD Million
    • Bottles- Market Size & Forecast 2020-2030, USD Million
      • Glass- Market Size & Forecast 2020-2030, USD Million
      • PET- Market Size & Forecast 2020-2030, USD Million
    • Others

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

Explore the Complete Philippines Tea Shop Market Analysis Report – https://www.marknteladvisors.com/research-library/philippines-tea-shop-market.html

Geographical Analysis: Philippines Tea Shop Market

 By Country

  • Luzon
  • Visayas
  • Mindanao

Philippines Tea Shop Market Recent Development:

  • January 2025: CHA TUK CHAK opened multiple new branches in various cities of the Philippines including Rolex Fairview, Quezon City on January 6, Ru 21 Shops at Atria Malls in Iloilo City on January 18, and others
  • June 2024: Gong Cha launched exclusive themed cups for their products with Genshin Impact including a scratch card with in-game rewards with every 10% top-up purchase on any of their drink.

Key Questions Addressed in This Study

  • What are the primary factors driving the growth of the Philippines Tea Shop Market?
  • How is the Philippines Tea Shop Market expected to evolve over the next five years?
  • What key insights can be drawn from current trends shaping the market?
  • What is the current market size, and how is it forecasted to change in the coming years?
  • What is the future outlook for the market in terms of technological innovation and geographic expansion?

For a Customized Analysis Report, Just Drop Your Inquiry Here – https://www.marknteladvisors.com/query/request-customization/philippines-tea-shop-market.html

Why MarkNtel Advisors?

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

Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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