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Tea still most consumed hot drink in China; but coffee making inroads

Tea still most consumed hot drink in China; but coffee making inroads, Asia packaging, China packaging, beverage packaging, RTD tea
CHINA -
Drinking tea has a long history in China and while the hot brew is still the most popular drink in the country, a new report from Canadean finds that coffee is expanding its market share rapidly.

In 2014, the Chinese consumed 1.28 billion kilograms of hot drinks, with hot tea accounting for 82% of the total volume. While hot coffee holds a comparatively small share of the Chinese hot drinks market (5.7%), it will register the highest growth in volume terms between 2014 and 2019 with a CAGR of 15.4%.

Hot tea, on the other hand, will only grow at a CAGR of 5.6% over the same period.

Overall, hot coffee is forecast to gain market share in China, from 5.7% in 2014 to 8.4% in 2019, while… For the full story, subscribe to Packaging Business Insight Asia here.

 

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