RTD tea in China saw slow off-trade volume growth in 2023, along with a stronger current value increase. Reduced sugar still RTD tea led growth in the category in this year, despite still only capturing a minor share of sales of overall RTD tea compared with regular still RTD tea. Reduced sugar still RTD tea shows very strong growth potential, becoming a substitute for water amongst many younger consumers due to its healthy perception, and Chinese consumers’ increasing knowledge of and long-stan...
Euromonitor International's RTD Tea in 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, packaging or pricing issues. Forecasts to 2028 illustrate how the market is set to change.
Product coverage: Carbonated RTD Tea and Kombucha, Still RTD 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 RTD 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.
RTD Tea in China
Euromonitor International
May 2024
List Of Contents And Tables
RTD TEA IN CHINA
KEY DATA FINDINGS
2023 DEVELOPMENTS
Reduced sugar still RTD tea spearheads growth in RTD tea in 2023
Fiercer competition leads to innovations in taste, functionality, and packaging
E-commerce sees its share fall as on-the-go sales rebound
PROSPECTS AND OPPORTUNITIES
Ample room for growth for reduced sugar still RTD tea
Dynamic growth for Oriental Leaf due to its lead in reduced sugar RTD tea, which is expected to be retained
The blurring of the line between RTD tea and low alcohol drinks
CATEGORY DATA
Table 1 Off-trade Sales of RTD Tea by Category: Volume 2018-2023
Table 2 Off-trade Sales of RTD Tea by Category: Value 2018-2023
Table 3 Off-trade Sales of RTD Tea by Category: % Volume Growth 2018-2023
Table 4 Off-trade Sales of RTD Tea by Category: % Value Growth 2018-2023
Table 5 Leading Flavours for Off-trade RTD Tea: % Volume 2018-2023
Table 6 NBO Company Shares of Off-trade RTD Tea: % Volume 2019-2023