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Prior to the COVID-19 pandemic, steady economic growth and rising incomes continued to boost hot drinks sales in Laos. However, these trends have since been undermined by the pandemic. Nevertheless, more tea drinkers are switching to packaged tea as urbanisation increases, while the health and wellness trend is also driving growth for both tea and other hot drinks. Since the outbreak of COVID-19, the health and wellness trend has been accelerated as many consumers are now taking greater care of.
Euromonitor International's ‘ Hot Drinks in Laos report’ offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data 2017-2021, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market - be they legislative, distribution or pricing issues. Forecasts to 2026 illustrate how the market is set to change.
Product coverage: Coffee, Other Hot Drinks, Tea.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
Get a detailed picture of the Hot Drinks market; Pinpoint growth sectors and identify factors driving change; Understand the competitive environment, the market's major players and leading brands; Use five-year forecasts to assess how the market is predicted to develop.Product Code: HDAO