Product Code: A15876
The retail bubble tea kits market size was valued at $47,224.4 thousand in 2020, and is estimated to reach $133,554.4 thousand by 2030, registering a CAGR of 9.9% from 2021 to 2030.
Bubble tea kit comprise bubble tea components, which are sold as single unit and single price. Components of bubble tea are flavor, creamer, sweetener, liquid, tapioca pearls, and others. These components are provided with bubble tea kits in pouches or in cans. Bubble tea kits vary according to flavor, sweetener, and tapioca pearls.
Rise in inclination of consumers toward versatile teas with innovative bold flavors and availability of options to make boba tea at home with bubble tea kits are expected to favor growth of the market during the forecast period. Online sales have witnessed quite a notable growth among bubble tea consumers over local hypermarkets or other grocery stores. Ease of buying several types of bubble tea kits, wider variety of options, and availability of home delivery options are some of the benefits offered to bubble tea consumers from ecommerce sales. Therefore, online sales of bubble tea kits have increased in 2020.
The outbreak of COVID-19 has positively impacted the retail bubble tea kits market. The outbreak of COVID-19 pandemic has forced government bodies to impose strict closures of production facilities, restaurants, hotels, and cafes to maintain safety measures and implement social distancing, which had led to decrease in on-trade sales of bubble tea. Hence, people started buying bubble tea kits to make their own boba tea at home.
The retail bubble tea kits market is segmented on the basis of base ingredient, flavor, component, distribution channel, and region. On the basis of base ingredient, the market is categorized into black tea, green tea, oolong tea, and white tea. On the basis of flavor, it is segmented into original flavor, coffee flavor, fruit flavor, chocolate flavor, and others. By component, it is segregated into flavor, creamer, sweetener, liquid, tapioca pearls, and others. On the basis of distribution channel, it is segmented into supermarkets & hypermarkets, convenience stores, online retail, and others. Region wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, and rest of Europe), Asia-Pacific (China, India, Japan, Australia, Taiwan, and rest of Asia-Pacific), and LAMEA (Brazil, Saudi Arabia, South Africa, Turkey, and rest of LAMEA).
However, counterfeit, similar tastes, and low-quality bubble tea kits are expected to hamper growth of the market. Bubble tea kits have gained significant popularity and due to its popularity and high sales revenue, many small companies or organizations have started producing low quality and similar tasting versions of such products and started selling them with the sole purpose of gaining profits.
The major players operating in the market are ORBITEL INTERNATIONAL, BUBBLE TEA HOUSE COMPANY, Boba Barista, Locca Bubble Tea, Bubble Tea Supply, THE TEASHED, The Bubble Tea Club, Buddha Bubbles Boba, BOBA CHiC, and Bek Foods.
KEY BENEFITS FOR STAKEHOLDERS
- The study provides an in-depth analysis of the global plant based food ingredients market with current trends and future estimations to elucidate the imminent investment pockets in the market.
- The report provides information regarding drivers, restraints, and opportunities with impact analysis.
- A quantitative analysis from 2020 to 2030 is provided to showcase the financial competency of the market.
- Porter's five forces model of the industry illustrates competitiveness of the market by analyzing various parameters such as threat of new entrants, threat of substitutes, bargaining power of the buyers, and bargaining power of the suppliers operating in the market.
- Value chain analysis in the report provides a clear understanding of the roles of stakeholders involved in the value chain.
- Competitive intelligence highlights business practices followed by leading market players across various regions.
Key Market Segments
By Base Ingredient
- Black Tea
- Green Tea
- Oolong Tea
- White Tea
By Flavor
- Original Flavor
- Coffee Flavor
- Fruit Flavor
- Chocolate Flavor
- Others
By Component
- Flavor
- Creamer
- Sweetener
- Liquid
- Tapioca Pearls
- Others
By DISTRIBUTION CHANNEL
- Supermarkets And Hypermarkets
- Convenience Store
- Online Retail
- Others
By Region
- North America
- Europe
- U.K.
- Germany
- France
- Italy
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Australia
- Taiwan
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Turkey
- Rest of LAMEA
- Key Market Players
- BUBBLE TEA HOUSE COMPANY
- Boba Barista
- Locca Bubble Tea
- Bubble Tea Supply
- THE TEASHED
- The Bubble Tea Club
- Buddha Bubbles Boba
- BOBA CHiC
- Bobagreen
- ORBITEL INTERNATIONAL
TABLE OF CONTENTS
CHAPTER 1:INTRODUCTION
- 1.1.Report description
- 1.2.Key market segments
- 1.3.Key benefits to the stakeholders
- 1.4.Research Methodology
- 1.4.1.Secondary research
- 1.4.2.Primary research
- 1.4.3.Analyst tools and models
CHAPTER 2:EXECUTIVE SUMMARY
- 2.1.Key findings of the study
- 2.2.CXO Perspective
CHAPTER 3:MARKET OVERVIEW
- 3.1.Market definition and scope
- 3.2.Key findings
- 3.2.1.Top investment pockets
- 3.3.Porter's five forces analysis
- 3.4.Top player positioning
- 3.5.Market dynamics
- 3.5.1.Drivers
- 3.5.2.Restraints
- 3.5.3.Opportunities
- 3.6.COVID-19 Impact Analysis on the market
CHAPTER 4: RETAIL BUBBLE TEA KITS MARKET, BY BASE INGREDIENT
- 4.1 Overview
- 4.1.1 Market size and forecast
- 4.2 Black Tea
- 4.2.1 Key market trends, growth factors and opportunities
- 4.2.2 Market size and forecast, by region
- 4.2.3 Market analysis by country
- 4.3 Green Tea
- 4.3.1 Key market trends, growth factors and opportunities
- 4.3.2 Market size and forecast, by region
- 4.3.3 Market analysis by country
- 4.4 Oolong Tea
- 4.4.1 Key market trends, growth factors and opportunities
- 4.4.2 Market size and forecast, by region
- 4.4.3 Market analysis by country
- 4.5 White Tea
- 4.5.1 Key market trends, growth factors and opportunities
- 4.5.2 Market size and forecast, by region
- 4.5.3 Market analysis by country
CHAPTER 5: RETAIL BUBBLE TEA KITS MARKET, BY FLAVOR
- 5.1 Overview
- 5.1.1 Market size and forecast
- 5.2 Original Flavor
- 5.2.1 Key market trends, growth factors and opportunities
- 5.2.2 Market size and forecast, by region
- 5.2.3 Market analysis by country
- 5.3 Coffee Flavor
- 5.3.1 Key market trends, growth factors and opportunities
- 5.3.2 Market size and forecast, by region
- 5.3.3 Market analysis by country
- 5.4 Fruit Flavor
- 5.4.1 Key market trends, growth factors and opportunities
- 5.4.2 Market size and forecast, by region
- 5.4.3 Market analysis by country
- 5.5 Chocolate Flavor
- 5.5.1 Key market trends, growth factors and opportunities
- 5.5.2 Market size and forecast, by region
- 5.5.3 Market analysis by country
- 5.6 Others
- 5.6.1 Key market trends, growth factors and opportunities
- 5.6.2 Market size and forecast, by region
- 5.6.3 Market analysis by country
CHAPTER 6: RETAIL BUBBLE TEA KITS MARKET, BY COMPONENT
- 6.1 Overview
- 6.1.1 Market size and forecast
- 6.2 Flavor
- 6.2.1 Key market trends, growth factors and opportunities
- 6.2.2 Market size and forecast, by region
- 6.2.3 Market analysis by country
- 6.3 Creamer
- 6.3.1 Key market trends, growth factors and opportunities
- 6.3.2 Market size and forecast, by region
- 6.3.3 Market analysis by country
- 6.4 Sweetener
- 6.4.1 Key market trends, growth factors and opportunities
- 6.4.2 Market size and forecast, by region
- 6.4.3 Market analysis by country
- 6.5 Liquid
- 6.5.1 Key market trends, growth factors and opportunities
- 6.5.2 Market size and forecast, by region
- 6.5.3 Market analysis by country
- 6.6 Tapioca Pearls
- 6.6.1 Key market trends, growth factors and opportunities
- 6.6.2 Market size and forecast, by region
- 6.6.3 Market analysis by country
- 6.7 Others
- 6.7.1 Key market trends, growth factors and opportunities
- 6.7.2 Market size and forecast, by region
- 6.7.3 Market analysis by country
CHAPTER 7: RETAIL BUBBLE TEA KITS MARKET, BY DISTRIBUTION CHANNEL
- 7.1 Overview
- 7.1.1 Market size and forecast
- 7.2 Supermarkets And Hypermarkets
- 7.2.1 Key market trends, growth factors and opportunities
- 7.2.2 Market size and forecast, by region
- 7.2.3 Market analysis by country
- 7.3 Convenience Store
- 7.3.1 Key market trends, growth factors and opportunities
- 7.3.2 Market size and forecast, by region
- 7.3.3 Market analysis by country
- 7.4 Online Retail
- 7.4.1 Key market trends, growth factors and opportunities
- 7.4.2 Market size and forecast, by region
- 7.4.3 Market analysis by country
- 7.5 Others
- 7.5.1 Key market trends, growth factors and opportunities
- 7.5.2 Market size and forecast, by region
- 7.5.3 Market analysis by country
CHAPTER 8: RETAIL BUBBLE TEA KITS MARKET, BY REGION
- 8.1 Overview
- 8.1.1 Market size and forecast
- 8.2 North America
- 8.2.1 Key trends and opportunities
- 8.2.2 North America Market size and forecast, by Base Ingredient
- 8.2.3 North America Market size and forecast, by Flavor
- 8.2.4 North America Market size and forecast, by Component
- 8.2.5 North America Market size and forecast, by Distribution Channel
- 8.2.6 North America Market size and forecast, by country
- 8.2.6.1 U.S.
- 8.2.6.1.1 Market size and forecast, by Base Ingredient
- 8.2.6.1.2 Market size and forecast, by Flavor
- 8.2.6.1.3 Market size and forecast, by Component
- 8.2.6.1.4 Market size and forecast, by Distribution Channel
- 8.2.6.2 Canada
- 8.2.6.2.1 Market size and forecast, by Base Ingredient
- 8.2.6.2.2 Market size and forecast, by Flavor
- 8.2.6.2.3 Market size and forecast, by Component
- 8.2.6.2.4 Market size and forecast, by Distribution Channel
- 8.2.6.3 Mexico
- 8.2.6.3.1 Market size and forecast, by Base Ingredient
- 8.2.6.3.2 Market size and forecast, by Flavor
- 8.2.6.3.3 Market size and forecast, by Component
- 8.2.6.3.4 Market size and forecast, by Distribution Channel
- 8.3 Europe
- 8.3.1 Key trends and opportunities
- 8.3.2 Europe Market size and forecast, by Base Ingredient
- 8.3.3 Europe Market size and forecast, by Flavor
- 8.3.4 Europe Market size and forecast, by Component
- 8.3.5 Europe Market size and forecast, by Distribution Channel
- 8.3.6 Europe Market size and forecast, by country
- 8.3.6.1 U.K.
- 8.3.6.1.1 Market size and forecast, by Base Ingredient
- 8.3.6.1.2 Market size and forecast, by Flavor
- 8.3.6.1.3 Market size and forecast, by Component
- 8.3.6.1.4 Market size and forecast, by Distribution Channel
- 8.3.6.2 Germany
- 8.3.6.2.1 Market size and forecast, by Base Ingredient
- 8.3.6.2.2 Market size and forecast, by Flavor
- 8.3.6.2.3 Market size and forecast, by Component
- 8.3.6.2.4 Market size and forecast, by Distribution Channel
- 8.3.6.3 France
- 8.3.6.3.1 Market size and forecast, by Base Ingredient
- 8.3.6.3.2 Market size and forecast, by Flavor
- 8.3.6.3.3 Market size and forecast, by Component
- 8.3.6.3.4 Market size and forecast, by Distribution Channel
- 8.3.6.4 Italy
- 8.3.6.4.1 Market size and forecast, by Base Ingredient
- 8.3.6.4.2 Market size and forecast, by Flavor
- 8.3.6.4.3 Market size and forecast, by Component
- 8.3.6.4.4 Market size and forecast, by Distribution Channel
- 8.3.6.5 Rest of Europe
- 8.3.6.5.1 Market size and forecast, by Base Ingredient
- 8.3.6.5.2 Market size and forecast, by Flavor
- 8.3.6.5.3 Market size and forecast, by Component
- 8.3.6.5.4 Market size and forecast, by Distribution Channel
- 8.4 Asia-Pacific
- 8.4.1 Key trends and opportunities
- 8.4.2 Asia-Pacific Market size and forecast, by Base Ingredient
- 8.4.3 Asia-Pacific Market size and forecast, by Flavor
- 8.4.4 Asia-Pacific Market size and forecast, by Component
- 8.4.5 Asia-Pacific Market size and forecast, by Distribution Channel
- 8.4.6 Asia-Pacific Market size and forecast, by country
- 8.4.6.1 China
- 8.4.6.1.1 Market size and forecast, by Base Ingredient
- 8.4.6.1.2 Market size and forecast, by Flavor
- 8.4.6.1.3 Market size and forecast, by Component
- 8.4.6.1.4 Market size and forecast, by Distribution Channel
- 8.4.6.2 India
- 8.4.6.2.1 Market size and forecast, by Base Ingredient
- 8.4.6.2.2 Market size and forecast, by Flavor
- 8.4.6.2.3 Market size and forecast, by Component
- 8.4.6.2.4 Market size and forecast, by Distribution Channel
- 8.4.6.3 Japan
- 8.4.6.3.1 Market size and forecast, by Base Ingredient
- 8.4.6.3.2 Market size and forecast, by Flavor
- 8.4.6.3.3 Market size and forecast, by Component
- 8.4.6.3.4 Market size and forecast, by Distribution Channel
- 8.4.6.4 Australia
- 8.4.6.4.1 Market size and forecast, by Base Ingredient
- 8.4.6.4.2 Market size and forecast, by Flavor
- 8.4.6.4.3 Market size and forecast, by Component
- 8.4.6.4.4 Market size and forecast, by Distribution Channel
- 8.4.6.5 Taiwan
- 8.4.6.5.1 Market size and forecast, by Base Ingredient
- 8.4.6.5.2 Market size and forecast, by Flavor
- 8.4.6.5.3 Market size and forecast, by Component
- 8.4.6.5.4 Market size and forecast, by Distribution Channel
- 8.4.6.6 Rest of Asia-Pacific
- 8.4.6.6.1 Market size and forecast, by Base Ingredient
- 8.4.6.6.2 Market size and forecast, by Flavor
- 8.4.6.6.3 Market size and forecast, by Component
- 8.4.6.6.4 Market size and forecast, by Distribution Channel
- 8.5 LAMEA
- 8.5.1 Key trends and opportunities
- 8.5.2 LAMEA Market size and forecast, by Base Ingredient
- 8.5.3 LAMEA Market size and forecast, by Flavor
- 8.5.4 LAMEA Market size and forecast, by Component
- 8.5.5 LAMEA Market size and forecast, by Distribution Channel
- 8.5.6 LAMEA Market size and forecast, by country
- 8.5.6.1 Brazil
- 8.5.6.1.1 Market size and forecast, by Base Ingredient
- 8.5.6.1.2 Market size and forecast, by Flavor
- 8.5.6.1.3 Market size and forecast, by Component
- 8.5.6.1.4 Market size and forecast, by Distribution Channel
- 8.5.6.2 Saudi Arabia
- 8.5.6.2.1 Market size and forecast, by Base Ingredient
- 8.5.6.2.2 Market size and forecast, by Flavor
- 8.5.6.2.3 Market size and forecast, by Component
- 8.5.6.2.4 Market size and forecast, by Distribution Channel
- 8.5.6.3 South Africa
- 8.5.6.3.1 Market size and forecast, by Base Ingredient
- 8.5.6.3.2 Market size and forecast, by Flavor
- 8.5.6.3.3 Market size and forecast, by Component
- 8.5.6.3.4 Market size and forecast, by Distribution Channel
- 8.5.6.4 Turkey
- 8.5.6.4.1 Market size and forecast, by Base Ingredient
- 8.5.6.4.2 Market size and forecast, by Flavor
- 8.5.6.4.3 Market size and forecast, by Component
- 8.5.6.4.4 Market size and forecast, by Distribution Channel
- 8.5.6.5 Rest of LAMEA
- 8.5.6.5.1 Market size and forecast, by Base Ingredient
- 8.5.6.5.2 Market size and forecast, by Flavor
- 8.5.6.5.3 Market size and forecast, by Component
- 8.5.6.5.4 Market size and forecast, by Distribution Channel
CHAPTER 9: COMPANY LANDSCAPE
- 9.1. Introduction
- 9.2. Top winning strategies
- 9.3. Product Mapping of Top 10 Player
- 9.4. Competitive Dashboard
- 9.5. Competitive Heatmap
- 9.6. Key developments
CHAPTER 10: COMPANY PROFILES
- 10.1 BUBBLE TEA HOUSE COMPANY
- 10.1.1 Company overview
- 10.1.2 Company snapshot
- 10.1.3 Operating business segments
- 10.1.4 Product portfolio
- 10.1.5 Business performance
- 10.1.6 Key strategic moves and developments
- 10.2 Boba Barista
- 10.2.1 Company overview
- 10.2.2 Company snapshot
- 10.2.3 Operating business segments
- 10.2.4 Product portfolio
- 10.2.5 Business performance
- 10.2.6 Key strategic moves and developments
- 10.3 Locca Bubble Tea
- 10.3.1 Company overview
- 10.3.2 Company snapshot
- 10.3.3 Operating business segments
- 10.3.4 Product portfolio
- 10.3.5 Business performance
- 10.3.6 Key strategic moves and developments
- 10.4 Bubble Tea Supply
- 10.4.1 Company overview
- 10.4.2 Company snapshot
- 10.4.3 Operating business segments
- 10.4.4 Product portfolio
- 10.4.5 Business performance
- 10.4.6 Key strategic moves and developments
- 10.5 THE TEASHED
- 10.5.1 Company overview
- 10.5.2 Company snapshot
- 10.5.3 Operating business segments
- 10.5.4 Product portfolio
- 10.5.5 Business performance
- 10.5.6 Key strategic moves and developments
- 10.6 The Bubble Tea Club
- 10.6.1 Company overview
- 10.6.2 Company snapshot
- 10.6.3 Operating business segments
- 10.6.4 Product portfolio
- 10.6.5 Business performance
- 10.6.6 Key strategic moves and developments
- 10.7 Buddha Bubbles Boba
- 10.7.1 Company overview
- 10.7.2 Company snapshot
- 10.7.3 Operating business segments
- 10.7.4 Product portfolio
- 10.7.5 Business performance
- 10.7.6 Key strategic moves and developments
- 10.8 BOBA CHiC
- 10.8.1 Company overview
- 10.8.2 Company snapshot
- 10.8.3 Operating business segments
- 10.8.4 Product portfolio
- 10.8.5 Business performance
- 10.8.6 Key strategic moves and developments
- 10.9 Bobagreen
- 10.9.1 Company overview
- 10.9.2 Company snapshot
- 10.9.3 Operating business segments
- 10.9.4 Product portfolio
- 10.9.5 Business performance
- 10.9.6 Key strategic moves and developments
- 10.10 ORBITEL INTERNATIONAL
- 10.10.1 Company overview
- 10.10.2 Company snapshot
- 10.10.3 Operating business segments
- 10.10.4 Product portfolio
- 10.10.5 Business performance
- 10.10.6 Key strategic moves and developments