What happened to bubble tea? Chain shops closed, some aim at large-scale retail shelves
30 April is the world day dedicated to a drink that was successful in Italy for only a few years. But now Italy's Bobble Bobble is trying its hand at supermarket sales
30 April is World Bubble Tea Day, the drink made of tea and tapioca pearls or fruit, which originated in Taiwan in the 1980s but has only been successful in Italia in recent years. And perhaps it is a fire that has already gone out, at least as a mass phenomenon that generated queues in the street in front of the signs that imported it.
Globally, according to Growth Capital's Bubble Tea Market Report 2023, the beverage was worth $2.75 billion in 2022, with a compound annual growth rate of 9% expected until 2030. Europe accounted for $300 million or 11% of the world total.
Italy's boom and change of course
In Italia, bubble tea experienced its golden season between 2017 and 2019, with franchises, queues outside the shops and an Asian aesthetic that had conquered millennials in particular. According to Growth Capital's estimates, by 2022 the Italia market had reached EUR 42 million - over 15% of the European market - with forecasts of compound growth at 18% to 98 million in 2027. Specialised outlets had grown from 156 in December 2021 to 236 in March 2023, an increase of 51% in less than two years, according to the same report.
However, the wind has changed. And fast. The first Italian chain, Frankly Bubble Tea & Coffee, founded in 2016 and grown to more than ten shops between Milan, Turin, Bologna and Bergamo, with a turnover of 7.5 million in 2023, closed all its shops on 23 November 2025, going into liquidation and leaving around forty employees. An epilogue that symbolically marked the end of a model: the single-product store, designed for large flows of passers-by, proved unsustainable outside of a few high traffic streets. Among the other structured chains surveyed by Growth Capital's report in 2023, only Mistertea maintains a stable presence, with three locations in Milan and Monza. 87% of the stores are independent or very small.
But consumption has not disappeared: it has shifted. Deliveries and generalist bars have acted as a transitional channel, while major retailers have begun to carve out an increasingly significant space.


