In 2023, the retail sales value of new-style tea shops in China amounted to around 247 billion yuan. It was expected that the market would grow at a CAGR of 16.8 percent in the coming years, reaching a value of almost 539 billion yuan by 2028.
Retail sales value of the new-style tea shop industry in China from 2018 to 2023, with estimates until 2028
(in billion yuan)
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HKExnews, & ChaPanda. (February 23, 2024). Retail sales value of the new-style tea shop industry in China from 2018 to 2023, with estimates until 2028 (in billion yuan) [Graph]. In Statista. Retrieved December 04, 2024, from https://www.statista.com/statistics/1536598/china-retail-sales-value-of-freshly-made-tea-shops/
HKExnews, und ChaPanda. "Retail sales value of the new-style tea shop industry in China from 2018 to 2023, with estimates until 2028 (in billion yuan)." Chart. February 23, 2024. Statista. Accessed December 04, 2024. https://www.statista.com/statistics/1536598/china-retail-sales-value-of-freshly-made-tea-shops/
HKExnews, ChaPanda. (2024). Retail sales value of the new-style tea shop industry in China from 2018 to 2023, with estimates until 2028 (in billion yuan). Statista. Statista Inc.. Accessed: December 04, 2024. https://www.statista.com/statistics/1536598/china-retail-sales-value-of-freshly-made-tea-shops/
HKExnews, and ChaPanda. "Retail Sales Value of The New-style Tea Shop Industry in China from 2018 to 2023, with Estimates until 2028 (in Billion Yuan)." Statista, Statista Inc., 23 Feb 2024, https://www.statista.com/statistics/1536598/china-retail-sales-value-of-freshly-made-tea-shops/
HKExnews & ChaPanda, Retail sales value of the new-style tea shop industry in China from 2018 to 2023, with estimates until 2028 (in billion yuan) Statista, https://www.statista.com/statistics/1536598/china-retail-sales-value-of-freshly-made-tea-shops/ (last visited December 04, 2024)
Retail sales value of the new-style tea shop industry in China from 2018 to 2023, with estimates until 2028 (in billion yuan) [Graph], HKExnews, & ChaPanda, February 23, 2024. [Online]. Available: https://www.statista.com/statistics/1536598/china-retail-sales-value-of-freshly-made-tea-shops/
