The bubble tea market in Asia Pacific is expected to reach a projected revenue of US$ 2,796.9 million by 2033. A compound annual growth rate of 13.7% is expected of Asia Pacific bubble tea market from 2026 to 2033.
The Asia Pacific bubble tea market generated a revenue of USD 1,041.9 million in 2025.
The market is expected to grow at a CAGR of 13.7% from 2026 to 2033.
In terms of segment, black tea was the largest revenue generating type in 2025.
Green Tea is the most lucrative type segment registering the fastest growth during the forecast period.
Country-wise, China is expected to register the highest CAGR from 2026 to 2033.
Asia Pacific data book summary
Market revenue in 2025
USD 1,041.9 million
Market revenue in 2033
USD 2,796.9 million
Growth rate
13.7% (CAGR from 2026 to 2033)
Largest segment
Black tea
Fastest growing segment
Green Tea
Historical data covered
2021 - 2024
Base year for estimation
2025
Forecast period covered
2026 - 2033
Quantitative units
Revenue in USD million
Market segmentation
Green Tea, White Tea, Oolong Tea, Black Tea
Key market players worldwide
Ten Ren Tea, Gong Cha, Chatime, Lollicup USA, Inc., Bubble Tea Supply
Other key industry trends
In terms of revenue, Asia Pacific region accounted for 31.3% of the global bubble tea market in 2025.
Globally, North America is projected to lead the regional market in terms of revenue in 2033.
Asia Pacific is the fastest growing regional market and is projected to reach USD 2,796.9 million by 2033.
Bubble tea has become extremely popular among youngsters across the region. Moreover, major tourist destinations in Asia Pacific, such as Thailand, Malaysia, India, the Philippines, Australia, and Singapore are attracting customers with the offerings of a wide range of flavored bubble tea and the unique Asian taste.
Major players are expanding their services across these countries in order to cater to the rising demand. For instance, in July 2019, Dr. Bubbles, a renowned bubble tea brand, announced plans to triple its franchises in India over the next few years.
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Bubble Tea Market will help companies and investors design strategic landscapes.
Black Tea was the largest segment with a revenue share of 47.09% in 2025.
Horizon Databook has segmented the Asia Pacific bubble tea market based on green tea, white tea, oolong tea, black tea covering the revenue growth of each sub-segment from 2021 to 2033.
Bubble tea has become extremely popular among youngsters across the region. Moreover, major tourist destinations in Asia Pacific, such as Thailand, Malaysia, India, the Philippines, Australia, and Singapore are attracting customers with the offerings of a wide range of flavored bubble tea and the unique Asian taste.
Major players are expanding their services across these countries in order to cater to the rising demand. For instance, in July 2019, Dr. Bubbles, a renowned bubble tea brand, announced plans to triple its franchises in India over the next few years.
Asia Pacific Bubble Tea Market Type Outlook (Revenue, USD Million , 2021-2033)
Black Tea
Green Tea
Oolong Tea
White Tea
Asia Pacific Bubble Tea Market Flavor Outlook (Revenue, USD Million , 2021-2033)
Fruit
Taro
Strawberry
Classic
Coffee
Other
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific bubble tea market, including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific bubble tea market from 2021 to 2033, including revenue numbers, major trends, and company profiles.