Thailand Tea Market | Share, Growth, Revenue, Value, Trends, Forecast, Companies, COVID-19 IMPACT, Size, Industry & Analysis

Thailand Tea Market Synopsis

The tea market in Thailand is estimated to be worth around $1.6 billion and has been growing at a CAGR of 8.7%. The country has become the fourth-largest exporter of tea worldwide with exports reaching 3,800 tons per year as of 2019, representing a compound annual growth rate of 6%. Thailand?s main export markets for tea include Japan, Hong Kong, Singapore, USA and Canada among others.

Drivers of the Market

In the Thailand tea market, the country`s rich tea culture and the increasing recognition of the health benefits of tea consumption drive market growth. Thailand`s diverse range of teas, including herbal, green, and traditional varieties, cater to different consumer preferences.

Challenges of the Market

The Thailand tea market experiences challenges in sustainability and market competition. As the market expands, ensuring sustainable sourcing practices and maintaining product quality become crucial. Moreover, the growing competition from various beverages can affect tea consumption trends.

Trends & Oppourtunites of the Market

Thailand`s tea culture is expanding beyond traditional boundaries. Entrepreneurs can introduce new varieties, blends, and unique tea experiences that resonate with the modern tea enthusiast.

COVID-19 Impact on the Market

The Thailand Tea Market experienced a transformation in consumption patterns as a result of the pandemic. With the closure of dine-in establishments and reduced social interactions, there was a shift in tea consumption from cafes and restaurants to homes. Retail and online sales gained prominence, and consumers sought comfort and wellness in a cup of tea during challenging times. While the demand for tea remained relatively stable, the distribution channels underwent significant changes, compelling businesses to adapt to the evolving landscape.

Key Players in the Market

In the Thailand tea market, key players like Doi Tung Development Project and The Forest Bee Co., Ltd., contribute to the production and distribution of a variety of teas, including herbal and specialty blends.

Key Highlights of the Report:

• Thailand Tea Market Outlook
• Market Size of Thailand Tea Market, 2023
• Forecast of Thailand Tea Market, 2030
• Historical Data and Forecast of Thailand Tea Revenues & Volume for the Period 2020-2030
• Thailand Tea Market Trend Evolution
• Thailand Tea Market Drivers and Challenges
• Thailand Tea Price Trends
• Thailand Tea Porter's Five Forces
• Thailand Tea Industry Life Cycle
• Historical Data and Forecast of Thailand Tea Market Revenues & Volume By Type for the Period 2020-2030
• Historical Data and Forecast of Thailand Tea Market Revenues & Volume By Green Tea for the Period 2020-2030
• Historical Data and Forecast of Thailand Tea Market Revenues & Volume By Black Tea for the Period 2020-2030
• Historical Data and Forecast of Thailand Tea Market Revenues & Volume By Oolong Tea for the Period 2020-2030
• Historical Data and Forecast of Thailand Tea Market Revenues & Volume By Fruit/Herbal Tea for the Period 2020-2030
• Historical Data and Forecast of Thailand Tea Market Revenues & Volume By Others for the Period 2020-2030
• Historical Data and Forecast of Thailand Tea Market Revenues & Volume By Packaging for the Period 2020-2030
• Historical Data and Forecast of Thailand Tea Market Revenues & Volume By Plastic Containers for the Period 2020-2030
• Historical Data and Forecast of Thailand Tea Market Revenues & Volume By Loose Tea for the Period 2020-2030
• Historical Data and Forecast of Thailand Tea Market Revenues & Volume By Paperboards for the Period 2020-2030
• Historical Data and Forecast of Thailand Tea Market Revenues & Volume By Aluminum Tins for the Period 2020-2030
• Historical Data and Forecast of Thailand Tea Market Revenues & Volume By Tea Bags for the Period 2020-2030
• Historical Data and Forecast of Thailand Tea Market Revenues & Volume By Distribution Channel for the Period 2020-2030
• Historical Data and Forecast of Thailand Tea Market Revenues & Volume By Supermarkets/Hypermarkets for the Period 2020-2030
• Historical Data and Forecast of Thailand Tea Market Revenues & Volume By Specialty Stores for the Period 2020-2030
• Historical Data and Forecast of Thailand Tea Market Revenues & Volume By Convenience Stores for the Period 2020-2030
• Historical Data and Forecast of Thailand Tea Market Revenues & Volume By Online Stores for the Period 2020-2030
• Historical Data and Forecast of Thailand Tea Market Revenues & Volume By Others for the Period 2020-2030
• Historical Data and Forecast of Thailand Tea Market Revenues & Volume By Application for the Period 2020-2030
• Historical Data and Forecast of Thailand Tea Market Revenues & Volume By Residential for the Period 2020-2030
• Historical Data and Forecast of Thailand Tea Market Revenues & Volume By Commercial for the Period 2020-2030
• Thailand Tea Import Export Trade Statistics
• Market Opportunity Assessment By Type
• Market Opportunity Assessment By Packaging
• Market Opportunity Assessment By Distribution Channel
• Market Opportunity Assessment By Application
• Thailand Tea Top Companies Market Share
• Thailand Tea Competitive Benchmarking By Technical and Operational Parameters
• Thailand Tea Company Profiles
• Thailand Tea Key Strategic Recommendations