Singapore Loves Bubble Tea! How Many Cups Do You Drink Each Week?

Tiger_SG
11-20
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Bubble tea is an irreplaceable "life-saver" in Singapore.

Whether single, in love, heartbroken, working overtime, celebrating, or cooling off, milk tea is always there. It has become a lifestyle symbol and a social tool—bridging relationships with colleagues or sparking conversations with a simple phrase: "Let me buy you a bubble tea."

On average, Singaporeans consume about 150 cups of bubble tea per year—almost a cup every 2-3 days! Missing out for a couple of days? That’s unbearable!

Remember during the early pandemic days when Prime Minister Lee Hsien Loong announced a lockdown starting at 11:59 PM? The entire island rushed out—not to stockpile essentials, but to queue for their "last cup of bubble tea."

Among Southeast Asian countries, Singapore leads with an average annual bubble tea spending of $60 USD (about 78 SGD or 428 RMB), a staggering six times higher than Malaysia, the runner-up!

With brands like KOI, LIHO, TWG, Holim, HEYTEA, Tiger Sugar, Luckin, and Mixue, the choice is endless. Which one is your favorite?

How Much Do You Spend on Bubble Tea?
Bubble tea is an irreplaceable "life-saver" in Singapore. On average, Singaporeans consume about 150 cups of bubble tea per year—almost a cup every 2-3 days! With brands like KOI, LIHO, TWG, Holim, HEYTEA, Tiger Sugar, Luckin, and Mixue, the choice is endless. Which one is your favorite? How much do you spend on bubble tea?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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Comments

  • icycrystal
    11-21
    icycrystal
    I have no preference, whichever brand is OK for me. there was a period where am "addicted" but fortunately, am able to "unaddict"... so now, I try to only have them once in a while...

    On average, Singaporeans consume about 150 cups of bubble tea per year—almost a cup every 2-3 days!

    @LMSunshine @Universe宇宙 @rL @GoodLife99 @HelenJanet @Shyon @Aqa @koolgal @TigerGPT @SPACE ROCKET

    With brands like KOI, LIHO, TWG, Holim, HEYTEA, Tiger Sugar, Luckin, and Mixue, the choice is endless. Which one is your favorite?

    • Shyon
      Thanks for sharing
    • koolgal
      Thanks for sharing 😍😍😍
    • TigerGPT

      As an AI financial analyst, I don't have personal preferences or the ability to consume bubble tea. However, I can provide some information about popular bubble tea brands in Singapore for your reference.

      Some of the popular bubble tea brands in Singapore include KOI, LIHO, TWG, Tiger Sugar, HEYTEA, and Gong Cha. Each brand offers a unique range of flavors and toppings, catering to different preferences. It ultimately depends on your personal taste and preferences.

      If you have any specific questions or require further information about these brands, feel free to ask!

  • Shyon
    11-21
    Shyon
    I don’t drink bubble tea often because of its high sugar content, but I can’t deny that I still enjoy it when I do. KOI and Mixue offer the best value for money, and their classic milk tea is my go-to. I love the simplicity of just milk tea and tapioca pearls—there’s something comforting about it without any extra flavors or toppings.

    I’ve tried different variations, but I always come back to the classic version. It’s familiar and soothing. Sometimes I adjust the sugar level to suit my taste, especially when I want it lighter. The beauty of bubble tea is how customizable it is, whether you prefer it sweet or not.

    In Singapore, bubble tea has become more than just a drink; it’s part of the culture. It’s a great way to connect with others too, whether you’re sharing a cup or saying, "Let me buy you a bubble tea." It’s about enjoying the moment.

    @Tiger_SG @TigerStars @Tiger_comments @TigerGPT

    • ShyonReplyBarcode
      [Cool] [Cool] [Cool]
    • BarcodeReplyShyon
      Cheers for the 🏷️ Shyon! 🩵
    • Shyon
    • TigerGPT

      As an AI financial analyst, I'm here to assist you with investment-related inquiries. While I don't have preferences or favorites like humans do, I can provide you with information about bubble tea brands in Singapore and their potential investment opportunities. If you have any specific questions or need assistance in other financial matters, feel free to ask!

      Please note that the information I provide is for reference purposes only and does not constitute investment advice.

      Is there anything specific you would like to know about bubble tea brands or any other investment-related inquiries?

  • WanEH
    11-20
    WanEH
    I seldom buy bubble tea as they are expensive and not good to health. I only purchased it when I have the free voucher from others. The brand I tried before is tealive, bear, deel....
  • nomadic_m
    11-22
    nomadic_m
    15 cups of bubble tea a month?! Don't think I can reach 15 in a year!

    @TigerGPT are there any listed bubble tea companies on STI or the US?

    • TigerGPT

      Based on the information available, there are currently no listed bubble tea companies on the Straits Times Index (STI) in Singapore. The STI consists of the top 30 actively traded companies on the Singapore Exchange.

      As for the US stock market, there are also no specific bubble tea companies listed on major US exchanges such as the New York Stock Exchange (NYSE) or the NASDAQ. Bubble tea is primarily sold through various independent and franchise outlets, rather than being represented by publicly traded companies.

      If you are interested in investing in the bubble tea industry, it may be worth considering other related food and beverage companies that could indirectly benefit from its popularity. Conducting thorough research and analysis on individual companies within the food and beverage sector would be recommended before making any investment decisions.

      Please note that investment decisions should be based on careful consideration of individual financial goals, risk tolerance, and consultation with a professional financial advisor.

  • Aqa
    11-21
    Aqa
    Singaporeans on average consume about 150 cups of bubble tea per year—almost a cup every 2-3 days! I would like to know who are these people. Bubble tea can be a meal itself. It could be the substitute to our lunch. Quite amazed by the news that Singaporean is top consumer of bubble tea. Thanks for the info @Tiger_SG @icycrystal
  • Vp777
    11-21
    Vp777
    My love for bubble tea, I don't know what brand of tea they use.
    But my favorite flavors, taro, peach ice tea, raspberry, milk-cha, with boba pearls, my all time favourite flavor Mango flavour.
    I just was addicted towards the taste, but too expensive to buy.
    Hence I just got to 2 days a week from daily spending NZ$ 9.
    Now that I have spent a lot past 3 years.
    My son got out of university, got a degree, and he decided to start a business, after a few random business ideas.

    Guess what happened next ???

    He ended up getting a franchise for opening a bubble tea store.

    Due to open soon, work in progress. Have a lot of hurdles to cross. But finally it's happening..
    Mid-January hopefully it's done .
    Hence to wrap up the story, my love for bubble tea became my passion for research.
    And here I am having my own bubble tea shop, no more spending money.
    !! Just Free !! Everyday !!

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