In 2021, the tea market in China experienced significant growth with the market size reaching 522.1 billion yuan. Furthermore, industry experts are predicting that this upward trend will continue, with the market expected to grow even more in the coming years. Projections suggest that by the end of 2022, the market size will increase to 561.1 billion yuan and continue its upward trajectory, reaching 733 billion yuan by 2026.
Tea market size in China from 2016 to 2021 with estimates until 2026
(in billion yuan)
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HKExnews. (February 22, 2023). Tea market size in China from 2016 to 2021 with estimates until 2026 (in billion yuan) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1381816/tea-market-size-china/
HKExnews. "Tea market size in China from 2016 to 2021 with estimates until 2026 (in billion yuan)." Chart. February 22, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1381816/tea-market-size-china/
HKExnews. (2023). Tea market size in China from 2016 to 2021 with estimates until 2026 (in billion yuan). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1381816/tea-market-size-china/
HKExnews. "Tea Market Size in China from 2016 to 2021 with Estimates until 2026 (in Billion Yuan)." Statista, Statista Inc., 22 Feb 2023, https://www.statista.com/statistics/1381816/tea-market-size-china/
HKExnews, Tea market size in China from 2016 to 2021 with estimates until 2026 (in billion yuan) Statista, https://www.statista.com/statistics/1381816/tea-market-size-china/ (last visited November 21, 2024)
Tea market size in China from 2016 to 2021 with estimates until 2026 (in billion yuan) [Graph], HKExnews, February 22, 2023. [Online]. Available: https://www.statista.com/statistics/1381816/tea-market-size-china/