In 2023, the retail sales value of new-style tea shops in China's first-tier cities reached around 27.8 billion yuan. In comparison, the retail sales in China's fourth-tier and below cities surpassed 73.5 billion yuan. Compared to higher-tier cities, lower-tier cities' tea shop market is projected to grow faster.
Retail sales value of the new-style tea shop industry in China from 2018 to 2023, with estimates until 2028, by city tier
(in billion yuan)
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HKExnews. (February 23, 2024). Retail sales value of the new-style tea shop industry in China from 2018 to 2023, with estimates until 2028, by city tier (in billion yuan) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1416047/china-market-size-of-new-style-tea-shop-industry-by-city-tier/
HKExnews. "Retail sales value of the new-style tea shop industry in China from 2018 to 2023, with estimates until 2028, by city tier (in billion yuan)." Chart. February 23, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1416047/china-market-size-of-new-style-tea-shop-industry-by-city-tier/
HKExnews. (2024). Retail sales value of the new-style tea shop industry in China from 2018 to 2023, with estimates until 2028, by city tier (in billion yuan). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1416047/china-market-size-of-new-style-tea-shop-industry-by-city-tier/
HKExnews. "Retail Sales Value of The New-style Tea Shop Industry in China from 2018 to 2023, with Estimates until 2028, by City Tier (in Billion Yuan)." Statista, Statista Inc., 23 Feb 2024, https://www.statista.com/statistics/1416047/china-market-size-of-new-style-tea-shop-industry-by-city-tier/
HKExnews, Retail sales value of the new-style tea shop industry in China from 2018 to 2023, with estimates until 2028, by city tier (in billion yuan) Statista, https://www.statista.com/statistics/1416047/china-market-size-of-new-style-tea-shop-industry-by-city-tier/ (last visited December 22, 2024)
Retail sales value of the new-style tea shop industry in China from 2018 to 2023, with estimates until 2028, by city tier (in billion yuan) [Graph], HKExnews, February 23, 2024. [Online]. Available: https://www.statista.com/statistics/1416047/china-market-size-of-new-style-tea-shop-industry-by-city-tier/
