Global White Tea Market 2019-2023
- Published: Jun 2019
- Pages: 117
- SKU: IRTNTR31456
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The global white tea market size will grow by USD 171.82 million during 2019-2023. This market report provides a detailed analysis of the market by distribution channel (offline and online) and geography (APAC, Europe, MEA, North America, and South America). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors including Carrubba Inc., Nestlé SA, The Republic of Tea, Unilever Group, and Vicony Teas Co.
Some of the key findings from our white tea market forecast report are summarized below
See the complete table of contents and list of exhibits, as well as selected illustrations and example pages from this report.
Global White Tea Industry Overview
The high catechin content of white tea helps in protecting the skin from UV damage. White tea also has anti-inflammatory, anti-aging, and several other benefits which makes it ideal for use as an ingredient in skin care products such as creams, lotions, serums, cleansers, and toners. The presence of polyphenols in white tea helps in maintaining healthy skin by suppressing the formation of free radicals responsible skin damage. These benefits of white tea will boost its demand from the cosmetics industry. The increasing use of white tea in the cosmetics industry has been identified as a critical trend fueling the growth of the white tea market.
The presence of multiple essential biological active components having anti-microbial qualities in white tea is resulting in its increasing consumption. The consumption of white tea helps in reducing the risk of cardiovascular diseases, lowering blood pressure levels, improving glucose tolerance, and reducing plasma glucose levels. The growing awareness about the several health benefits of white tea will be one of the significant factors fueling white tea market growth at a CAGR of almost 6% during the forecast period.
Top White Tea Companies Covered in this Market Research Report
The global white tea market is concentrated. To help clients improve their market position, the report provides an analysis of the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this white tea market analysis report also includes information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make most of the upcoming growth opportunities.
The report offers a detailed analysis of several leading white tea manufacturers, including:
- Carrubba Inc.
- Nestlé SA
- The Republic of Tea
- Unilever Group
- Vicony Teas Co.
White Tea Market Segmentation Based on Distribution Channel
- Offline
- Online
The offline segment will account for the highest white tea market share. The adoption of online-to-offline (O2O), omnichannel commerce, and multi-marketing strategies by vendors will drive white tea market growth in this segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the white tea market size.
White Tea Market Segmentation Based on Geographic Region
- APAC
- Europe
- MEA
- North America
- South America
With a complete study of the growth opportunities for the companies, it has been identified that the APAC region will account for the highest share of the white tea market throughout the forecast period. Factors such as shifting consumption patterns, the proliferation of new products, and the growth of the food and beverage industry will contribute to the growth of the white tea market in this region.
Key Highlights of the Global White Tea Market for the Forecast Years 2019-2023:
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will accelerate the growth of the white tea market during the next five years
- Precise estimation of the global white tea market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the white tea industry across APAC, Europe, MEA, North America, and South America
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive details of factors that will challenge the growth of white tea companies
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EXECUTIVE SUMMARY
SCOPE OF THE REPORT
- 2.1 Preface
- 2.2 Preface
- 2.3 Currency conversion rates for US$
MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
MARKET SEGMENTATION BY DISTRIBUTION CHANNEL
- Market segmentation by distribution channel
- Comparison by distribution channel
- Offline - Market size and forecast 2018-2023
- Online - Market size and forecast 2018-2023
- Market opportunity by distribution channel
CUSTOMER LANDSCAPE
GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2018-2023
- Europe - Market size and forecast 2018-2023
- North America - Market size and forecast 2018-2023
- MEA - Market size and forecast 2018-2023
- South America - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
MARKET TRENDS
- Innovations in the tea industry
- Increasing consumption of organic beverages
- Increasing use of white tea in the cosmetics industry
VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Carrubba Inc.
- Nestlé SA
- The Republic of Tea
- Unilever Group
- Vicony Teas Co.
APPENDIX
- Research methodology
- List of abbreviations
- Definition of market positioning of vendors
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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