Making sense of the Global Market, Euromonitor International Ltd.

Yu Mitsuhashi

Making sense of the Global Market

Euromonitor International Ltd.

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Thematic (Sector/Industry)

<ul class=""><li>Street stalls/kiosks increased by 6% in current value terms to HKD1.0 billion in 2017, with 4% growth in outlets to 1,651 and a 6% growth in transactions over the period.</li><li>Street food is becoming gourmet and the pricing level is increasing, supporting the growth of street stalls/kiosks.</li><li>Gong Cha was the leading player in 2017, but Ten Ren Tea and Sharetea grew rapidly.</li><li>Street stalls/kiosks are expected to see a positive value CAGR of 5% at constant 2017 prices over the forecast period to reach HKD1.4 billion in 2022.</li></ul>

Street stalls/kiosks increased by 6% in current value terms to HKD1.0 billion in 2017, with 4% growth in outlets to 1,651 and a 6% growth in transactions over the period.Street food is becoming gourmet and the pricing level is increasing, supporting the growth of street stalls/kiosks.Gong Cha was the leading player in 2017, but Ten Ren Tea and Sharetea grew rapidly.Street stalls/kiosks are expected to see a positive value CAGR of 5% at constant 2017 prices over the forecast period to reach HKD1.4 billion in 2022.

Sector Capsule: Street Stalls/Kiosks in Hong Kong, China

Taiwan

Ten Ren Tea Co., Ltd. manufactures and markets traditional Chinese tea leaves, spiced tea, herbal tea, tea bags, tea snacks, as well as tea pots and cups. The Company sells its products mainly in Taiwan, and also runs the chain stores all over the world.

Ten Ren Tea (1233 TT)

Sector Capsule: Street Stalls/Kiosks in Hong Kong, China

Street stalls/kiosks increased by 6% in current value terms to HKD1.0 billion in 2017, with 4% growth in outlets to 1,651 and a 6% growth in...

Euromonitor International Ltd.