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.
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.
Access the detailed PDF Sample report – https://www.marknteladvisors.com/query/request-sample/philippines-tea-shop-market.html
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, 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, 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 Region
- Luzon
- Visayas
- Mindanao
Philippines Tea Shop Market Share & Competitive Landscape:
The Philippines Tea Shop Market is characterized by intense competition, with several key players driving growth through innovation, market expansion, and strategic investments. The competitive landscape provides valuable insights into the industry’s leading companies, highlighting their strengths, financial performance, and market influence.
Leading Companies in the Global Philippines Tea Shop Market are:
- 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
The Philippines Tea Shop Industry 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.
Questions Addressed in this Study
1.What factors are driving the Philippines Tea Shop Market growth?
2.How is the Philippines Tea Shop Market expected to grow over the next five years?
3.What are the key insights into the current trends in the Philippines Tea Shop Market?
4.What is the current size of the Philippines Tea Shop Market, and how is it projected to change in the future?
6.What is the future outlook for the Philippines Tea Shop Market in terms of technological advancements and market 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.
More Research Studies Report:
–Biocomposites Market size was valued at around USD 36.9 billion in 2024 and is projected to reach USD 89 billion by 2030 with a CAGR of around 16%.
–Green Solvents Market size was valued at around USD 1.34 billion in 2024 & is projected to reach USD 1.87 billion by 2030 with a CAGR of around 5.7%.
For Media Inquiries, Please Contact:
Email: sales@marknteladvisors.com
Sales Office: 564 Prospect St, B9, New Haven, Connecticut, USA-06511
Corporate Office: Office No.109, H-159, Sector 63, Noida, Uttar Pradesh-201301, India
