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Asia-Pacific - Soft Drinks - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

Asia-Pacific - Soft Drinks - Market Analysis, Forecast, Size, Trends and Insights

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Sep 16, 2020

The Soft Drink Market in Asia-Pacific Reached Near $200B, Posting Solid Gains Over the Third Year in a Row

IndexBox has just published a new report: 'Asia-Pacific - Soft Drinks - Market Analysis, Forecast, Size, Trends and Insights'. Here is a summary of the report's key findings.

In 2019, the Asia-Pacific soft drink market increased by 3.7% to $198.2B, rising for the third year in a row after three years of decline. In general, consumption showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the market value increased by 7% y-o-y. Over the period under review, the market hit record highs at $209.1B in 2013; however, from 2014 to 2019, consumption failed to regain the momentum.

Consumption by Country

The country with the largest volume of soft drink consumption was China (89M tons), accounting for 42% of the total volume. Moreover, soft drink consumption in China exceeded the figures recorded by the second-largest consumer, India (28M tons), threefold. The third position in this ranking was occupied by Indonesia (16M tons), with a 7.4% share.

From 2013 to 2019, the average annual growth rate of volume in China was relatively modest. In other countries, the average annual rates were as follows: India (+1.2% per year) and Indonesia (-1.7% per year).

In value terms, China ($83.2B) led the market, alone. The second position in the ranking was occupied by India ($26.6B). It was followed by Indonesia.

The countries with the highest levels of soft drink per capita consumption in 2019 were Japan (116 kg per person), Pakistan (62 kg per person) and China (61 kg per person).

From 2013 to 2019, the biggest increases were in Japan, while soft drink per capita consumption for the other leaders experienced a decline in the per capita consumption figures.

Production in Asia-Pacific

After two years of growth, the production of soft drinks decreased by -0.3% to 213M tons in 2019. Overall, production saw a relatively flat trend pattern.

The country with the largest volume of soft drink production was China (89M tons), comprising approx. 42% of total volume. Moreover, soft drink production in China exceeded the figures recorded by the second-largest producer, India (28M tons), threefold. Indonesia (16M tons) ranked third in terms of total production with a 7.3% share.

In China, soft drink production remained relatively stable over the period from 2013-2019. In other countries, the average annual rates were as follows: India (+1.1% per year) and Indonesia (-1.7% per year).

Imports in Asia-Pacific

In 2019, the amount of soft drinks imported in Asia-Pacific expanded notably to 2.7M tons, increasing by 5.7% compared with the previous year. The total import volume increased at an average annual rate of +4.9% over the period from 2013 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The volume of imports peaked in 2019 and is likely to see gradual growth in the immediate term. In value terms, soft drink imports expanded markedly to $3B (IndexBox estimates) in 2019.

Imports by Country

China (448K tons), Singapore (369K tons) and Hong Kong SAR (285K tons) represented roughly 40% of total imports of soft drinks in 2019. It was distantly followed by Australia (183K tons), Vietnam (180K tons), India (178K tons) and Myanmar (143K tons), together generating a 25% share of total imports. Lao People's Democratic Republic (104K tons), Japan (100K tons), Indonesia (98K tons), New Zealand (84K tons) and Cambodia (77K tons) followed a long way behind the leaders.

From 2013 to 2019, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Lao People's Democratic Republic (+58.1% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($635M) constitutes the largest market for imported soft drinks in Asia-Pacific, comprising 21% of total imports. The second position in the ranking was occupied by Hong Kong SAR ($297M), with a 9.8% share of total imports. It was followed by Australia, with a 8.9% share.

Import Prices by Country

The soft drink import price in Asia-Pacific stood at $1,105 per ton in 2019, surging by 3% against the previous year. Over the last six-year period, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2017 when the import price increased by 31% against the previous year. As a result, import price attained the peak level of $1,260 per ton. From 2018 to 2019, the growth in terms of the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was Japan ($2,143 per ton), while Singapore ($683 per ton) was amongst the lowest.

From 2013 to 2019, the most notable rate of growth in terms of prices was attained by Cambodia, while the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the soft drink market in Asia-Pacific. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 11071930 - Waters, with added sugar, other sweetening matter or flavoured, i.e. soft drinks (including mineral and aerated)
  • Prodcom 11071950 - z Non-alcoholic beverages not containing milk fat (excluding sweetened or unsweetened mineral, aerated or flavoured waters)
  • Prodcom 11071970 - Non-alcoholic beverages containing milk fat
  • Prodcom 110000Z1 - Non-alcoholic beverages, not containing milk, milk products and fats derived therefrom (excl. water, fruit or vegetable juices)
  • Prodcom 11051010 - Non-alcoholic beer and beer containing . 0.5% alcohol

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Asia-Pacific, split by region and country
  • Trade (exports and imports) in Asia-Pacific
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Afghanistan
    • Australia
    • Bangladesh
    • Bhutan
    • Brunei Darussalam
    • Cambodia
    • China
    • Hong Kong SAR
    • Macao SAR
    • Cook Islands
    • Fiji
    • French Polynesia
    • India
    • Indonesia
    • Japan
    • Kiribati
    • Malaysia
    • Maldives
    • Marshall Islands
    • Micronesia
    • Myanmar
    • Nepal
    • New Caledonia
    • New Zealand
    • Northern Mariana Islands
    • Pakistan
    • Palau
    • Papua New Guinea
    • Philippines
    • Samoa
    • Singapore
    • Solomon Islands
    • South Korea
    • Sri Lanka
    • Taiwan (Chinese)
    • Thailand
    • Timor-Leste
    • Tokelau
    • Tonga
    • Tuvalu
    • Vanuatu
    • Vietnam
    • Wallis and Futuna Islands
    • Lao People's Democratic Republic
    • American Samoa
    • Democratic People's Republic of Korea
    • Nauru
    • Niue
    • Guam

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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