According to the latest estimates, the carbonated soft drinks market in Philippines is set to achieve an incremental growth of USD 3.5 billion, accelerating at a CAGR of almost 9.4% during the forecast period 2024-2029. The carbonated soft drink (CSD) market in Philippines is heavily influenced by the country’s fast-paced lifestyle and urbanization. As urban areas continue to expand and the population becomes increasingly cosmopolitan, there is a growing demand for convenient, on-the-go refreshments. Carbonated soft drinks, available in portable cans and bottles, perfectly cater to the needs of busy individuals navigating Philippines’s bustling streets.
Moreover, the prevalence of Western dining and entertainment establishments in Philippines has contributed to the popularity of carbonated soft drinks as a preferred beverage choice, especially among the younger demographic. This cultural influence, coupled with the convenience factor, drives the consumption of CSDs in the region.
The report offers a comprehensive evaluation of the Philippines carbonated soft drinks market, presenting crucial data on historical market size, growth patterns, and future projections. It provides a thorough breakdown of market segments and sub-segments, with a focus on key variables such as type, product, packaging, and distribution channel. This comprehensive evaluation aids in identifying the growth potential within the carbonated soft drinks industry.
Market Segmentation
The carbonated soft drinks market in Philippines is classified into the following segments:
Type: regular, reduced sugar/sugar-free
Product: colas, carbonated orange drinks, lemonade and lime, tonic water and mixers, others
Packaging: glass bottles, metal cans, plastic bottles
Distribution channel: convenience stores, forecourt retailers, supermarkets and hypermarkets, small grocery stores, e-commerce, foodservice channels, others
The Philippines carbonated soft drinks market is segmented on the basis of type, product, packaging, and distribution channel. Based on type, the carbonated soft drinks market in Philippines is categorized into regular, and reduced sugar/sugar-free. On the basis of product, the carbonated soft drinks market in Philippines has been segmented into colas, carbonated orange drinks, lemonade and lime, tonic water and mixers, and others. By packaging, the carbonated soft drinks market in Philippines has been segmented into glass bottles, metal cans, and plastic bottles. Based upon distribution channel, the carbonated soft drinks market in Philippines is also categorized into convenience stores, forecourt retailers, supermarkets and hypermarkets, small grocery stores, e-commerce, foodservice channels, and others.
Competitive Landscape
The competitive landscape of the industry has also been examined along with the profiles of the key players PepsiCo Inc., Primo Water Corporation, The Coca-Cola Company.
The report presents a detailed analysis of the Philippines carbonated soft drinks market, focusing on the performance of major companies between 2019 and 2023. The data offers valuable insights into market share fluctuations, identifying established leaders and the ascent of new entrants. Such information provides companies with the tools needed to enhance their strategic positioning and remain competitive, even as market conditions evolve.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Philippines carbonated soft drinks market.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Philippines carbonated soft drinks market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Philippines carbonated soft drinks market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
Table of Contents
TABLE OF CONTENTS
Key findings
Report scope
Research methodology
Market overviewPhilippines carbonated soft drinks market – type analysis
Philippines carbonated soft drinks market – product analysis
Philippines carbonated soft drinks market – packaging analysis
Philippines carbonated soft drinks market – distribution channel analysis
Key players and market share
– PepsiCo, Inc.
– Primo Water Corporation
– The Coca-Cola Company
Macroeconomic data and forecast
Disclaimer
FIGURES AND TABLES
Table Philippines carbonated soft drinks market 2019-2029
Chart Philippines carbonated soft drinks market, net growth, 2019-2029
Chart Philippines carbonated soft drinks market, growth rates, 2019-2029
Table Philippines carbonated soft drinks market by type, 2019-2029
Chart Philippines carbonated soft drinks market by type, CAGR historic and forecast, 2019-2029
Chart Philippines carbonated soft drinks market by type, 2019-2029
Table Philippines carbonated soft drinks market by product, 2019-2029
Chart Philippines carbonated soft drinks market by product, CAGR historic and forecast, 2019-2029
Chart Philippines carbonated soft drinks market by product, 2019-2029
Table Philippines carbonated soft drinks market by packaging, 2019-2029
Chart Philippines carbonated soft drinks market by packaging, CAGR historic and forecast, 2019-2029
Chart Philippines carbonated soft drinks market by packaging, 2019-2029
Table Philippines carbonated soft drinks market by distribution channel, 2019-2029
Chart Philippines carbonated soft drinks market by distribution channel, CAGR historic and forecast, 2019-2029
Chart Philippines carbonated soft drinks market by distribution channel, 2019-2029
Table Philippines carbonated soft drinks market share (%), by companies, 2019-2023
Chart Philippines carbonated soft drinks market, by companies, 2023
Table Philippines carbonated soft drinks market share (%), by brands, 2019-2023
Chart Philippines carbonated soft drinks market, by brands, 2023
Table Philippines – population (millions) and forecast
Table Philippines – consumer price index (CPI) and forecast
Table Philippines – gross domestic product and forecast
Table Philippines carbonated soft drinks market: spend as a proportion of GDP (%)
Table Philippines carbonated soft drinks market: consumption per capita (population)