Global Bubble Tea Market

Global Bubble Tea Market Key Players Competitive Survey Report 2024

Global Bubble Tea Market

Global Bubble Tea Market Key Players Competitive Survey Report 2024

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The global Bubble Tea market size in 2023 is 2150.0 million US dollars, and it is expected to be 3543.8 million US dollars by 2030, with a compound annual growth rate of 7.40% expected in 2024-2030.

MARKET COMPETITIVE LANDSCAPE:

The main players in the Bubble Tea market include Bobabox Limited (UK), Bubble Tea House Company (US), Cuppotee (Taiwan), Fokus Inc. (Taiwan), and Gong Cha (UK). The share of the top 3 players in the Bubble Tea market is XX%.

REGION SHARE:

The report covers the market size information of North America, Europe, Asia Pacific, Latin America, Middle East and Africa, and North America accounted for XX%, Europe accounted for XX% of Bubble Tea market, and Asia Pacific accounted for XX%.

SEGMENT OVERVIEW:

The report segments the market by Type and Application. Black Tea accounted for XX% of Bubble Tea market in 2023. Green Tea share of XX%.

Original Flavor accounted for XX% of the Bubble Tea market in 2023. Coffee Flavor accounts for XX%.

Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

COVID-19 Impact:

Outbreak of COVID-19 pandemic due to lockdown restrictions imposed by governments around the world has affected the growth of the global Bubble Tea market in 2020. The containment measures taken by the governments of various countries in response to control the outbreak of COVID-19 disrupted the entire supply chain by creating logistical interruptions, transportation restrictions, and product supply across borders.

The report analyzes the key trends in each segment of the global Bubble Tea market along with global and country-level forecasts from 2024 to 2028. Our report segments the market based on types and applications, thereby providing a detailed analysis of the market to help gain an in-depth understanding of the market and enable market participants, stakeholders, investors, etc. to have a clearer understanding of the market and judgment.

Key benefits to stakeholders:

The report provides a comprehensive quantitative analysis of various segments, historical and current market trends, market forecasts, and dynamics of the Bubble Tea market for 2019-2030.

The research report provides the latest information on the market drivers, challenges and opportunities of the global Bubble Tea market.

The study profiles the leading as well as the fastest growing regional markets. It further enables stakeholders to identify key country-level markets within each region.

Porter's Five Forces Analysis helps stakeholders assess the impact of new entrants, competitors, supplier strength, buyer strength, and threat of substitution. It helps stakeholders analyze the level of competition in the Bubble Tea industry and its attractiveness.

The competitive landscape enables stakeholders to understand their competitive environment and gain insight into the current position of the key players in the market.

Highlights-Regions

North America

United States

Canada

Europe

Germany

France

UK

Italy

Russia

Spain

Nordic

Asia Pacific

China

Japan

South Korea

India

Southeast Asia

Australia

Latin America

Brazil

Mexico

Argentina

Middle East & Africa

Egypt

South Africa

UAE

Turkey

Saudi Arabia

Player list

Bobabox Limited (UK)

Bubble Tea House Company (US)

Cuppotee (Taiwan)

Fokus Inc. (Taiwan)

Gong Cha (UK)

Lollicup USA Inc. (US)

Sumo's (M) Sdn Bhd (Malaysia)

Ten Ren's Tea Time (US)

The Bubble Tea Company (US)

Types list

Black Tea

Green Tea

Oolong Tea

White Tea

Application list

Original Flavor

Coffee Flavor

Fruit Flavor

Chocolate Flavor

Other Flavors

Table of Content

1 Bubble Tea Market Introduction and Overview

1.1 Bubble Tea Definition

1.2 Research Purposes

1.3 Report Timeline

1.4 Economic Analysis of Global Regions

1.5 Inflation Analysis

1.6 The Impact of the Russian-Ukrainian War on the Market

1.7 Coronavirus Disease 2020 (COVID-19) Impact on Global

2 Global Bubble Tea Historical Market Analysis by Type

2.1 Market Size Analysis by Types

2.2 Global Bubble Tea Revenue and Market Share by Type

2.3 Global Bubble Tea Sales and Market Share by Type

3 Global Bubble Tea Historical Market Analysis by Application

3.1 Market Size Analysis by Application

3.2 Global Bubble Tea Revenue Market Share by Application (2019-2024)

3.3 Global Bubble Tea Sales Market Share by Application (2019-2024)

4 Global Market Growth Trends Analysis

4.1 Global Bubble Tea Market Size (2019-2024)

4.2 Bubble Tea Growth Trends Analysis by Regions

4.2.1 Bubble Tea Market Size by Regions: 2019 VS 2024 VS 2030

4.2.2 Bubble Tea Historic Revenue Market Size by Regions (2019-2024)

4.2.3 Bubble Tea Historic Sales Market Size by Regions (2019-2024)

4.2.4 North America Bubble Tea Market Size (2019-2024)

4.2.5 Europe Bubble Tea Market Size (2019-2024)

4.2.6 Asia-Pacific Bubble Tea Market Size (2019-2024)

4.2.7 Latin America Bubble Tea Market Size (2019-2024)

4.2.8 Middle East & Africa Bubble Tea Market Size (2019-2024)

5 North America

5.1 North America Bubble Tea Revenue by Countries

5.1.1 North America Bubble Tea Revenue by Countries (2019-2024)

5.1.2 North America Bubble Tea Sales by Countries (2019-2024)

5.2 North America Bubble Tea Sales by Types

5.3 North America Bubble Tea Sales by Applications

5.4 United States

5.5 Canada

6 Asia Pacific

6.1 Asia Pacific Bubble Tea Revenue by Countries

6.1.1 Asia Pacific Bubble Tea Revenue by Countries (2019-2024)

6.1.2 Asia Pacific Bubble Tea Sales by Countries (2019-2024)

6.2 Asia Pacific Bubble Tea Sales by Types

6.3 Asia Pacific Bubble Tea Sales by Applications

6.4 China

6.5 Japan

6.6 Korea

6.7 Southeast Asia

6.8 India

6.9 Australia

7 Europe

7.1 Europe Bubble Tea Revenue by Countries

7.1.1 Europe Bubble Tea Revenue by Countries (2019-2024)

7.1.2 Europe Bubble Tea Sales by Countries (2019-2024)

7.2 Europe Bubble Tea Sales by Types

7.3 Europe Bubble Tea Sales by Applications

7.4 Germany

7.5 France

7.6 UK

7.7 Italy

7.8 Russia

7.9 Spain

7.10 Nordic

8 Latin America

8.1 Latin America Bubble Tea Revenue by Countries

8.1.1 Latin America Bubble Tea Revenue by Countries (2019-2024)

8.1.2 Latin America Bubble Tea Sales by Countries (2019-2024)

8.2 Latin America Bubble Tea Sales by Types

8.3 Latin America Bubble Tea Sales by Applications

8.4 Brazil

8.5 Argentina

8.6 Mexico

9 Middle East & Africa

9.1 Middle East & Africa Bubble Tea Revenue by Countries

9.1.1 Middle East & Africa Bubble Tea Revenue by Countries (2019-2024)

9.1.2 Middle East & Africa Bubble Tea Sales by Countries (2019-2024)

9.2 Middle East & Africa Bubble Tea Sales by Types

9.3 Middle East & Africa Bubble Tea Sales by Applications

9.4 Egypt

9.5 South Africa

9.6 UAE

9.7 Turkey

9.8 Saudi Arabia

10 Global Bubble Tea Market Competition, by Players

10.1 Global Bubble Tea Revenue and Market Share by Players

10.2 Market Concentration Rate

10.2.1 Top 3 Bubble Tea Players Market Share in 2023

10.2.2 Top 6 Bubble Tea Players Market Share in 2023

10.2.3 Market Competition Trend

10.3 Bubble Tea Players Head Office, Business Provided

10.4 Bubble Tea Mergers & Acquisitions

10.5 Bubble Tea New Entrants and Expansion Plans

11 Players Profiles

11.1 Bobabox Limited (UK)

11.1.1 Bobabox Limited (UK) Company Profile

11.1.2 Bubble Tea Product Overview

11.1.3 Bobabox Limited (UK) Bubble Tea Market Performance (2019-2024)

11.1.4 Bobabox Limited (UK) Business Overview

11.1.5 Recent Developments and Plans

11.2 Bubble Tea House Company (US)

11.2.1 Bubble Tea House Company (US) Company Profile

11.2.2 Bubble Tea Product Overview

11.2.3 Bubble Tea House Company (US) Bubble Tea Market Performance (2019-2024)

11.2.4 Bubble Tea House Company (US) Business Overview

11.2.5 Recent Developments and Plans

11.3 Cuppotee (Taiwan)

11.3.1 Cuppotee (Taiwan) Company Profile

11.3.2 Bubble Tea Product Overview

11.3.3 Cuppotee (Taiwan) Bubble Tea Market Performance (2019-2024)

11.3.4 Cuppotee (Taiwan) Business Overview

11.3.5 Recent Developments and Plans

11.4 Fokus Inc. (Taiwan)

11.4.1 Fokus Inc. (Taiwan) Company Profile

11.4.2 Bubble Tea Product Overview

11.4.3 Fokus Inc. (Taiwan) Bubble Tea Market Performance (2019-2024)

11.4.4 Fokus Inc. (Taiwan) Business Overview

11.4.5 Recent Developments and Plans

11.5 Gong Cha (UK)

11.5.1 Gong Cha (UK) Company Profile

11.5.2 Bubble Tea Product Overview

11.5.3 Gong Cha (UK) Bubble Tea Market Performance (2019-2024)

11.5.4 Gong Cha (UK) Business Overview

11.5.5 Recent Developments and Plans

11.6 Lollicup USA Inc. (US)

11.6.1 Lollicup USA Inc. (US) Company Profile

11.6.2 Bubble Tea Product Overview

11.6.3 Lollicup USA Inc. (US) Bubble Tea Market Performance (2019-2024)

11.6.4 Lollicup USA Inc. (US) Business Overview

11.6.5 Recent Developments and Plans

11.7 Sumo's (M) Sdn Bhd (Malaysia)

11.7.1 Sumo's (M) Sdn Bhd (Malaysia) Company Profile

11.7.2 Bubble Tea Product Overview

11.7.3 Sumo's (M) Sdn Bhd (Malaysia) Bubble Tea Market Performance (2019-2024)

11.7.4 Sumo's (M) Sdn Bhd (Malaysia) Business Overview

11.7.5 Recent Developments and Plans

11.8 Ten Ren's Tea Time (US)

11.8.1 Ten Ren's Tea Time (US) Company Profile

11.8.2 Bubble Tea Product Overview

11.8.3 Ten Ren's Tea Time (US) Bubble Tea Market Performance (2019-2024)

11.8.4 Ten Ren's Tea Time (US) Business Overview

11.8.5 Recent Developments and Plans

11.9 The Bubble Tea Company (US)

11.9.1 The Bubble Tea Company (US) Company Profile

11.9.2 Bubble Tea Product Overview

11.9.3 The Bubble Tea Company (US) Bubble Tea Market Performance (2019-2024)

11.9.4 The Bubble Tea Company (US) Business Overview

11.9.5 Recent Developments and Plans

12 Global Bubble Tea Forecast Market Analysis by Type

12.1 Global Bubble Tea Revenue Market Forecast by Type (2024-2030)

12.2 Global Bubble Tea Sales Market Forecast by Type (2024-2030)

13 Global Bubble Tea Forecast Market Analysis by Application

13.1 Bubble Tea Revenue Market Forecast by Application (2024-2030)

13.2 Bubble Tea Sales Market Forecast by Application (2024-2030)

14 Global Market Growth Forecast Analysis

14.1 Global Bubble Tea Forecast Market Size (2024-2030)

14.2 Bubble Tea Growth Trends Forecast Analysis by Regions

14.2.1 Bubble Tea Revenue Forecast Market Size by Regions (2024-2030)

14.2.2 Bubble Tea Sales Forecast Market Size by Regions (2024-2030)

14.2.3 North America Bubble Tea Forecast Market Size (2024-2030)

14.2.4 Europe Bubble Tea Forecast Market Size (2024-2030)

14.2.5 Asia-Pacific Bubble Tea Forecast Market Size (2024-2030)

14.2.6 Latin America Bubble Tea Forecast Market Size (2024-2030)

14.2.7 Middle East & Africa Bubble Tea Forecast Market Size (2024-2030)

15 Bubble Tea Manufacturing Cost Analysis

15.1 Bubble Tea Key Raw Materials Analysis

15.1.1 Key Raw Materials

15.1.2 Price Trend of Key Raw Materials

15.1.3 Key Suppliers of Raw Materials

15.2 Proportion of Manufacturing Cost Structure

15.2.1 Raw Materials

15.2.2 Labor Cost

15.2.3 Manufacturing Expenses

15.3 Manufacturing Process Analysis of Bubble Tea

15.4 Bubble Tea Industrial Chain Analysis

16 Market Channel, Distributors, Traders and Dealers

16.1 Market Channel Status

16.1.1 Direct Marketing

16.1.2 Indirect Marketing

16.2 Bubble Tea Typical Distributors

16.3 Bubble Tea Typical Customers

17 Bubble Tea Industry Dynamic Analysis

17.1 Bubble Tea Market Trends Analysis

17.2 Bubble Tea Market Drivers Analysis

17.3 Bubble Tea Market Challenges Analysis

17.4 Bubble Tea Market Restraints Analysis

18 Research Findings and Conclusion

Tables & Figures:
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Research Methodology:
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
Global Bubble Tea Market Size Estimation

To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.

Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.

Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.

We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.

Data Source

Secondary Sources

This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.

These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.

Market Size
  • Segmental value
  • Geographic Penetration
  • Product Adoption Rate for Different market
  • Journals, Websites, and Press Releases
  • Annual Reports and SEC Filings
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Market Intellix Data Repository
Market Position of Top Company
  • Product Financials
  • Geographic value Mix
  • Total Company value
  • Business/Segmental value Mix
Qualitative Analysis
  • Influence Factors
  • Market Potential
  • Market Risks and Opportunities
  • Industry Trends
  • Geographical Features
  • Government Policies
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Annual Reports
  • Industry Associations
  • Market Intellix Data Repository

Primary Sources

As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.

On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.

These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.

Key Data Information from Primary Sources

Primary Sources Parameters Key Data
Market Segments(by Application, by Type)
  • Value by Type
  • Status and Forecast
  • Value by Application
  • Value by Regions, Status and Forecast (2025-2031)
  • Value Market Share by Type
  • Value Growth Rate by Type
  • Value by Application
  • Percentage and Growth Rate by Application
  • Value Growth Rate and Market Share by Regions
  • Market Size Status and Forecast (2025-2031)
Total Market
  • Overall Size, Status and Forecast
  • Market Size Status and Forecast (2025-2031)
Frequently asked questions(FAQ's):
How are players chosen for the research coverage of the Global Bubble Tea Market study?
MI used a variety of industry standards such as NAICS, ICB, TRIC, and others to identify functional players in the industry, which they then shortlist and validate in an iterative process to finalize the most relevant players.
What are the major applications for Global Bubble Tea?
Global Bubble Tea has a wide range of applications, including and others.
What is the anticipated growth rate for the Global Bubble Tea Market?
During the projected year from 2025 to 2030, the Global Bubble Tea Market is expected to grow at a CAGR of xx%.
Is further segmentation possible given the scope of the Global Bubble Tea Market study?
Yes, the add-on segmentation is available in the premium customised version of the Global Bubble Tea Market report for a more in-depth analysis. It aids in the calculation of refined and precise market values.
What is the CAGR at which the Global Bubble Tea Market can expand?
During the forecast years, the Global Bubble Tea Market can thrive with a robust CAGR.