The combined revenue per capita in the 'Tea' segment of the hot drinks market in Hong Kong was forecast to continuously increase between 2024 and 2029 by in total 21.2 U.S. dollars (+22.26 percent). After the ninth consecutive increasing year, the combined revenue per capita is estimated to reach 116.47 U.S. dollars and therefore a new peak in 2029.
Data provided by Statista Market Insights are estimates.
Definition:
The Tea market consists of black tea, green tea and mate sold in tea bags or as loose-leaf tea. Not included are herbal tea, instant tea, iced tea or similar tea-derived Ready-to-Drink beverages. Ready-to-Drink variants are instead shown in the corresponding segment in the Non-Alcoholic Drinks market.
Additional information:
The market comprises revenue and average revenue per capita, volume and average volume per capita, price per kilogram , as well as sales channels. Per capita figures refer to a country’s or region’s whole population.
At-home market data covers retail sales via super- and hypermarkets, eCommerce, convenience stores, and similar sales channels. Out-of-home market data includes all sales in hotels and restaurants, sales by catering companies, as well as sales in cafés, bars, and similar hospitality service establishments. In the out-of-home market, the price always refers to the price per kilogram of the beverage consumed, regardless of other components in the finished beverage. Combined numbers encompass both the at-home market and the out-of-home market. All prices are valued at retail selling prices, including all sales and consumption taxes.
Key players include Unilever (Lipton), Associated British Foods (Twinings), and Tata Global Beverages (Tetley).
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Statista Market Insights. (August 29, 2024). Average revenue per unit (ARPU) in the tea segment of the hot drinks market Hong Kong from 2019 to 2029 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/forecasts/1437517/average-revenue-per-unit-arpu-tea-hot-drinks-market-hong-kong
Statista Market Insights. "Average revenue per unit (ARPU) in the tea segment of the hot drinks market Hong Kong from 2019 to 2029." Chart. August 29, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/forecasts/1437517/average-revenue-per-unit-arpu-tea-hot-drinks-market-hong-kong
Statista Market Insights. (2024). Average revenue per unit (ARPU) in the tea segment of the hot drinks market Hong Kong from 2019 to 2029. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/forecasts/1437517/average-revenue-per-unit-arpu-tea-hot-drinks-market-hong-kong
Statista Market Insights. "Average Revenue per Unit (Arpu) in The Tea Segment of The Hot Drinks Market Hong Kong from 2019 to 2029." Statista, Statista Inc., 29 Aug 2024, https://www.statista.com/forecasts/1437517/average-revenue-per-unit-arpu-tea-hot-drinks-market-hong-kong
Statista Market Insights, Average revenue per unit (ARPU) in the tea segment of the hot drinks market Hong Kong from 2019 to 2029 Statista, https://www.statista.com/forecasts/1437517/average-revenue-per-unit-arpu-tea-hot-drinks-market-hong-kong (last visited November 21, 2024)
Average revenue per unit (ARPU) in the tea segment of the hot drinks market Hong Kong from 2019 to 2029 [Graph], Statista Market Insights, August 29, 2024. [Online]. Available: https://www.statista.com/forecasts/1437517/average-revenue-per-unit-arpu-tea-hot-drinks-market-hong-kong