In the past, it was primarily fashionable white-collar workers who frequented coffee shops in China, drawn by the trendy atmosphere and the allure of international coffee culture. However, this has changed in recent years. The sight of ordinary Chinese carrying a cup of coffee has become increa...
Coffee shops in China: transforming into productive havens For coffee consumers in China, coffee shops have undergone a significant transformation, evolving into havens for digital nomads, freelancers, and students seeking productive environments. This shift is evident in the rise of coffee shops tailore...
The rise of the Chinese middle class and a better standard of living has allowed the opening of hundreds of new coffee shops throughout China. According to Mordor Intelligence,the coffee market was the least affected industry during the COVID-19 pandemic. What is interesting is that in 2020, ...
SHANGHAI,Sept. 7, 2022–September 7, 2022– TH International Limited, the exclusive operator ofTim Hortonscoffee shops inChina("Tims China"), announced the launch of two co-branded ready-to-drink (RTD) coffee products in partnership with Sinopec's Easy Joy, China's largest convenience store ...
The number of coffee shops in China has reached 148,000, equal to 10.5 per 100,000 people, according to data from catering sector research firm Canyan Data. Some 53,000 new stores were opened in the country in the past year, a net increase of 19,500. ...
Indeed, the cutthroat competition has already resulted in the closure of numerous coffee shops in China. Based on estimates from Canyan Data, only 55% of coffee shops established last year were still operating as of September 2023. To contend and stay relevant in this highly competitive ...
BEIJING, December 12 (TMTPOST) – China has overtaken the United States to become the country with the most branded coffee shops globally. According to a report released on Tuesday by the research firm World Coffee Portal, China currently boasts nearly
The total number of coffee shops in China reached 117,300 in 2022 and will reach 283,800 by 2028, representing a five-year CAGR of 12.7 percent. On the growth of new stores, national coffee brands have a better performance compared to international ones, Mintel added....
China is now the largest branded coffee shop market in the world. Colombian Andres Osorio went to Shanghai, the city with the most coffee shops in the world, to find out why these small beans, which do not originate in China, brew so much fondness in this country... Produced by Xinhua...
Pacific Coffee, the renowned brand for retail coffee shops, opened its first location in Hong Kong in 1992. Before selling an 80 percent ownership to the state-owned China Resources Enterprise, it developed into a well-known brand in Hong Kong. In 2011, it formally entered the mainland C...