Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 4.08 Billion | USD 9.97 Billion | 9.35% | 2024 |
FrequentlyAsked Questions
The global bubble tea market is expected to grow due to increasing consumer demand for unique and customizable beverages, growing influence of social media and celebrity culture, rising popularity among younger demographics, and the expanding cafe culture worldwide.
According to a study, the global bubble tea market size was worth around USD 4.08 Billion in 2024 and is expected to reach USD 9.97 Billion by 2034.
The global bubble tea market is expected to grow at a CAGR of 9.35% during the forecast period.
Asia-Pacific is expected to dominate the bubble tea market over the forecast period.
Leading players in the global bubble tea market include Gong cha Global Ltd, Boba Box Limited, Chatime Global LLC, KF Tea Franchising LLC, Sumo's (M) Sdn Bhd, Cuppo Tee Company Limited, TP Tea, Bubbleology, Bubble Tea House Company, Tbaar Inc., among others.
The report explores crucial aspects of the bubble tea market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.
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