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截止2025年9月15日,蜜雪冰城门店数量为4.13万
截止2025年9月15日,蜜雪冰城门店数量为4.13万
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所属报告:
【信达证券】深度报告:蜜雪集团:破坏式创新,进击的门店王者-251118(43页).pdf
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图4-112021—2025年蜜雪冰城全球门店数量变化趋势
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自研数据
2026-01-29
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蜜雪冰城是国内现制茶饮龙头
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行业数据
2026-01-28
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蜜雪冰城在国内门店数遥遥领先
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行业数据
2026-01-28
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蜜雪集团拥有全方位供应链体系
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行业数据
2026-01-28
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蜜雪冰城拥有五大生产基地(截至2024年9月30日)
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行业数据
2026-01-28
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蜜雪冰城采购规模大,议价能力强
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市场规模
2026-01-28
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蜜雪集团成长飞轮核心靠规模效应
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市场规模
2026-01-28
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蜜雪冰城在国内平价茶饮市占率超过50%(按
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竞争格局
2026-01-28
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蜜雪冰城更多布局下沉市场(%)
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行业数据
2025-12-08
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2021-2025H1蜜雪冰城加盟商毛开和净开店数量(家)
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2025-11-21
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2021-2025H1蜜雪冰城海外门店收入情况及增速
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2025-11-21
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2021-2025H1蜜雪/古茗/茶百道/沪上阿姨加盟商带店率
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2025-11-21
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2021-2025H1蜜雪冰城加盟商数量(个)及增速
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2025-11-21
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2021-2025H1蜜雪冰城内地门店总数(家)及增速
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2025-11-21
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2021-2025H1蜜雪冰城海外门店数量(家)及增速
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2025-11-21
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竞争格局:强者恒强,马太效应。从行业竞争格局来看,我们认为:1、门店是零售品牌商触达消费者的关键资源,从门店分布来看,现制茶饮的门店的集中度较为分散。根据窄门餐眼数据,截止到 2025 年 9 月 15 日,现制茶饮行业约有 42.72 万家店,其中门店数量居首的是蜜雪冰城,门店数量为 4.13 万家,市占率仅有 9.68%,其次是古茗,门店数量为 1.19 万家,市占率为 2.78%,第三是沪上阿姨,门店数量 8822 家,市占率为 2.07%。2、消费者端,终端零售额一超多强,蜜雪集团凭借性价比在出杯量中一家独大。如果按照现制茶饮的饮品出杯量来看,2023 年蜜雪冰城的出杯量达到 66 亿杯,市占率 49.6%,第二名、第三名的市占率为9%、7.5%。由于蜜雪冰城产品价格带明显低于竞品,主要定位于 2-9 元,因此终端零售额的市占率为 20.2%,第二名、第三名的市占率为 9.1%、8%。
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【信达证券】深度报告:蜜雪集团:破坏式创新,进击的门店王者-251118(43页).pdf
蜜雪冰城单店模型中日均营业额敏感性分析(单位:元)
蜜雪冰城单店模型(单位:元)
对比茶百道,蜜雪冰城冰激凌、柠檬水周转率较高
现制咖啡不同价格带门店竞争格局分析
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