Indian Tea Market Overview
According to SPER Market Research, the Indian Tea Market is estimated to reach USD XX billion by 2033 with a CAGR XX%.
Indian tea is a beverage made from the leaves of the Camellia sinensis plant, which is indigenous to India and other regions of Asia. Tea has been a significant element of Indian culture for hundreds of years and is now one of the world's most popular beverages. Tea is traditionally made by steeping tea leaves in hot water and then adding milk and sugar to taste. There are several distinct types of tea in India, including black tea, green tea, and chai, which is a spiced tea that is frequently prepared with milk and sugar.
Exploring the Growth Drivers of the Indian Tea Industry
One of the biggest tea markets in the world is in India, and a number of factors contribute to its growth. Firstly, there is a significant demand for tea within India itself due to the country's massive tea consumption. Since tea is a significant part of Indian culture, cultural factors are what are driving this demand. Secondly, due to its great quality, Indian tea is much sought after on foreign markets where it is a significant tea exporter. The expansion of the Indian tea industry has been aided by this export demand. Thirdly, the tea industry has recently benefited from sizable technological advancements that have raised productivity and efficiency. This has aided in the industry's expansion. Lastly, changing consumer preferences, such as the growing popularity of herbal and green tea, have led to the introduction of new varieties of tea, which has further driven growth in the industry.
What challenges does the Indian Tea Market face?
The Indian tea market is expanding, but it also faces a number of difficulties. The competition from other nations is one of the main obstacles. Other significant tea-producing nations like Sri Lanka, Kenya, and China compete with India. Due to the competition, Indian tea may find it challenging to maintain a competitive price in global markets. Climate change is another issue that the Indian tea market must deal with. The quality and quantity of tea produced can be significantly impacted by climate change, which can also have an impact on changes in temperature and rainfall patterns. Tea growers may find it difficult as a result of price and supply fluctuations.
In what ways has the COVID-19 pandemic affected Indian Tea Market?
The Indian tea market has been significantly impacted by COVID-19. The production, distribution, and consumption of tea have been hampered by the pandemic. Due to the travel bans and lockdown measures, there is a labour shortage on tea plantations, which lowers output and lowers tea quality. The demand for tea has also significantly decreased as a result of the closure of hotels, restaurants, and cafes. Tea prices have decreased as a result, and many small tea growers are finding it difficult to make ends meet. However, as more people are drinking tea at home, there has been an increase in demand for packaged tea.
Scope of the Report:
Report Metric | Details |
Market size available for years | 2019-2033 |
Base year considered | 2022 |
Forecast period | 2023-2033 |
Segments covered | By Type, By Sector, By Packaging, By Processing, By Application, By Distribution Channel.
|
Regions covered | East Region, North Region, South Region, West Region, Central Region
|
Companies Covered | Amar Tea Pvt. ltd, Assam Company India Limited, Goodrick Group Limited, Hindustan Unilever Limited, Marvel Group, R. Twining and Company Limited, Ramesh Tea Traders, Rossell India Ltd, Tata Consumer Products Limited, The Bombay Burmah Trading Corporation Ltd, Wagh Bakri Tea Group
|
Key Target Audience
- Tea enthusiasts
- Millennials
- Middle-aged and older Consumers
- International markets
Indian Tea Market Segmentation:
1. By Type:
- Indian Tea Market Value Share and Forecast, By Type, 2023-2033
- Black
- Green
- Oolong
- White
- Others
2. By Sector:
- Indian Tea Market Value Share and Forecast, By Sector, 2023-2033
- Organized
- Unorganized
3. By Packaging:
- Indian Tea Market Value Share and Forecast, By Packaging, 2023-2033
- Aluminium Tins
- Loose Tea
- Paper Boards
- Plastic Containers
- Tea Bag
- Others
4. By Distribution Channel:
- Indian Tea Market Value Share and Forecast, By Distribution Channel, 2023-2033
- Convenience Stores
- Online
- Supermarkets and Hypermarkets
- Others
5. By Region:
- East Region
- North Region
- South Region
- West Region
- Central Region
Key Topics Covered in the Report
- Indian Tea Market Size (FY’2023-FY’2033)
- Overview of Indian Tea Market
- Segmentation of Indian Tea Market By Type (Black, Green, Oolong, White, Others)
- Segmentation of Indian Tea Market By Sector (Organized, Unorganized)
- Segmentation of Indian Tea Market By Packaging (Aluminium Tins, Loose Tea, Paper Boards, Plastic Containers, Tea Bag, Others)
- Segmentation of Indian Tea Market By Processing (CTC, Orthodox)
- Segmentation of Indian Tea Market By Application (Commercial, Residential)
- Segmentation of Indian Tea Market By Distribution Channel (Convenience Stores, Online, Supermarkets and Hypermarkets, Others)
- Statistical Snap of Indian Tea Market
- Growth Analysis of Indian Tea Market
- Problems and Challenges in Indian Tea Market
- Competitive Landscape in the Indian Tea Market
- Impact of COVID-19 and Demonetization on Indian Tea Market
- Details on Recent Investment in Indian Tea Market
- Competitive Analysis of Indian Tea Market
- Key Players in the Indian Tea Market
- SWOT Analysis of Indian Tea Market
- Indian Tea Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Indian Tea Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Indian Tea Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Indian Tea Market
7. Indian Tea Market, By Type (USD Million)
7.1. Indian Tea Market Value Share and Forecast, By Type, 2023-2033
7.2. Black
7.3. Green
7.4. Oolong
7.5. White
7.6. Others
8. Indian Tea Market, By Sector (USD Million)
8.1. Indian Tea Market Value Share and Forecast, By Sector, 2023-2033
8.2. Organized
8.3. Unorganized
9. Indian Tea Market, By Packaging (USD Million)
9.1. Indian Tea Market Value Share and Forecast, By Packaging, 2023-2033
9.2. Aluminium Tins
9.3. Loose Tea
9.4. Paper Boards
9.5. Plastic Containers
9.6. Tea Bag
9.7. Others
10. Indian Tea Market, By Processing (USD Million)
10.1. Indian Tea Market Value Share and Forecast, By Processing, 2023-2033
10.2. CTC
10.3. Orthodox
11. Indian Tea Market, By Application (USD Million)
11.1. Indian Tea Market Value Share and Forecast, By Application, 2023-2033
11.2. Commercial
11.3. Residential
12. Indian Tea Market, By Distribution Channel (USD Million)
12.1. Indian Tea Market Value Share and Forecast, By Distribution Channel, 2023-2033
12.2. Convenience Stores
12.3. Online
12.4. Supermarkets and Hypermarkets
12.5. Others
13. Indian Tea Market Forecast, 2019-2033 (USD Million)
13.1. Indian Tea Market Size and Market Share
14. Indian Tea Market, By Type, 2019-2033 (USD Million)
14.1. Indian Tea Market Size and Market Share by Type (2019-2026)
14.2. Indian Tea Market Size and Market Share by Type (2027-2033)
15. Indian Tea Market, By Sector, 2019-2033 (USD Million)
15.1. Indian Tea Market Size and Market Share by Sector (2019-2026)
15.2. Indian Tea Market Size and Market Share by Sector (2027-2033)
16. Indian Tea Market, By Packaging, 2019-2033 (USD Million)
16.1. Indian Tea Market Size and Market Share by Packaging (2019-2026)
16.2. Indian Tea Market Size and Market Share by Packaging (2027-2033)
17. Indian Tea Market, By Processing, 2019-2033 (USD Million)
17.1. Indian Tea Market Size and Market Share by Processing (2019-2026)
17.2. Indian Tea Market Size and Market Share by Processing (2027-2033)
18. Indian Tea Market, By Application 2019-2033 (USD Million)
18.1. Indian Tea Market Size and Market Share by Application (2019-2026)
18.2. Indian Tea Market Size and Market Share by Application (2027-2033)
19. Indian Tea Market, By Distribution Channel 2019-2033 (USD Million)
19.1. Indian Tea Market Size and Market Share by Distribution Channel (2019-2026)
19.2. Indian Tea Market Size and Market Share by Distribution Channel (2027-2033)
20. Indian Tea Market, By Region, 2019-2033 (USD Million)
20.1. Indian Tea Market Size and Market Share by Region (2019-2026)
20.2. Indian Tea Market Size and Market Share by Region (2027-2033)
20.3. East Region
20.4. North Region
20.5. South Region
20.6. West Region
20.7. Central Region
21. Company Profile
21.1. Amar Tea Pvt. Ltd
21.1.1. Company details
21.1.2. Financial outlook
21.1.3. Product summary
21.1.4. Recent developments
21.2. Assam Company India Limited
21.2.1. Company details
21.2.2. Financial outlook
21.2.3. Product summary
21.2.4. Recent developments
21.3. Goodricke Group Limited
21.3.1. Company details
21.3.2. Financial outlook
21.3.3. Product summary
21.3.4. Recent developments
21.4. Hindustan Unilever Limited
21.4.1. Company details
21.4.2. Financial outlook
21.4.3. Product summary
21.4.4. Recent developments
21.5. Marvel Group
21.5.1. Company details
21.5.2. Financial outlook
21.5.3. Product summary
21.5.4. Recent developments
21.6. R. Twining and Company Limited
21.6.1. Company details
21.6.2. Financial outlook
21.6.3. Product summary
21.6.4. Recent developments
21.7. Ramesh Tea Traders
21.7.1. Company details
21.7.2. Financial outlook
21.7.3. Product summary
21.7.4. Recent developments
21.8. Rossell India Ltd.
21.8.1. Company details
21.8.2. Financial outlook
21.8.3. Product summary
21.8.4. Recent developments
21.9. Tata Consumer Products Limited
21.9.1. Company details
21.9.2. Financial outlook
21.9.3. Product summary
21.9.4. Recent developments
21.10. The Bombay Burmah Trading Corporation Ltd.
21.10.1. Company details
21.10.2. Financial outlook
21.10.3. Product summary
21.10.4. Recent developments
21.11. Wagh Bakri Tea Group
21.11.1. Company details
21.11.2. Financial outlook
21.11.3. Product summary
21.11.4. Recent developments
22. List of Abbreviations
23. Reference Links
24. Conclusion
25. Research Scope