The forecast period from 2024 to 2029 suggests that the Hong Kong soft drinks market will see a slight growth trajectory, with an anticipated increase of USD 0.5 billion and a CAGR of around 3.6%. In Hong Kong, the soft drinks market is influenced by the growing demand for premium and health-oriented beverages, including low-sugar and organic products. Hong Kong’s urban population, with higher disposable incomes, is increasingly seeking convenience and innovation in their beverage choices. Carbonated drinks, bottled water, and functional drinks such as energy drinks and herbal teas are seeing strong growth. Additionally, the increasing focus on wellness and healthier lifestyles is driving the popularity of sugar-free, fortified, and plant-based beverages.
The report provides a comprehensive analysis of the Hong Kong soft drinks industry, presenting detailed market data including historical market size, growth rates, and future forecasts. It offers an in-depth examination of various market categories and subcategories, with a particular focus on key factors such as product type, type, packaging and distribution channel. The insights gained from this evaluation help reveal the growth potential within the soft drinks sector.
Market Segmentation
The segmentation of the Hong Kong soft drinks market is outlined below:
Product type: bottled water, carbonated soft drinks, concentrates, juices, RTD coffee, RTD tea, energy drinks, sports drinks, others
Type: regular, low- and no-sugar soft drinks
Packaging: flexible packaging, glass bottles, liquid cartons, metal cans, plastic bottles, others
Distribution channel: convenience stores, forecourt, supermarkets and hypermarkets, grocery stores, bars and HoReCa, vending, others
The Hong Kong soft drinks market is segmented by product type, type, packaging and distribution channel. By product type, the market features bottled water, carbonated soft drinks, concentrates, juices, RTD coffee, RTD tea, energy drinks, sports drinks, and others. Type segments are divided into regular, and low- and no-sugar soft drinks. Packaging segments cover flexible packaging, glass bottles, liquid cartons, metal cans, plastic bottles, and others. Distribution channel segmentation includes convenience stores, forecourt, supermarkets and hypermarkets, grocery stores, bars and HoReCa, vending, and others.
Competitive Landscape
The Hong Kong soft drinks market remains highly competitive, with major players including VITASOY International Holdings Limited, Unilever PLC, The Wonderful Company LLC., The Coca-Cola Company, Thai Beverage Public Company Limited, Telford International Company Limited, Suntory Holdings Limited, Sunraysia Natural Beverage Co. Pty Ltd, Sunkist Growers Incorporated, Robiff International Co. Ltd., Red Bull GmbH, PepsiCo Inc., Otsuka Holdings Co. Ltd., Nestle S.A., Kirin Holdings Co. Ltd., Kikkoman Corporation, Kagome Co. Ltd., Hutchison Whampoa Limited (HWL), Hung Fook Tong Holdings Limited, Hornell Brewing Co., Highland Spring Limited, Harrogate Spring Water Ltd., Dr Pepper Snapple Group, Danone S.A. and Acqua Minerale San Benedetto S.p.A.
This report presents an extensive analysis of major entities in the soft drinks market, focusing on their performance from 2019 to 2023. Findings showcase changes in market share, recognizing both long-standing leaders and new challengers.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Hong Kong soft drinks market.
Gain in-depth analysis and forecasts for the key segments of the Hong Kong soft drinks market: product type, type, packaging and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Hong Kong soft drinks market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Hong Kong soft drinks market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
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Table of Contents
TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Hong Kong Soft Drinks Market – Product Type Analysis
Hong Kong Soft Drinks Market – Type Analysis
Hong Kong Soft Drinks Market – Packaging Analysis
Hong Kong Soft Drinks Market – Distribution Channel Analysis
Key Players and Market Share
– VITASOY International Holdings Limited
– Unilever PLC
– The Wonderful Company LLC.
– The Coca-Cola Company
– Thai Beverage Public Company Limited
– Telford International Company Limited
– Suntory Holdings Limited
– Sunraysia Natural Beverage Co. Pty Ltd
– Sunkist Growers, Incorporated
…
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Hong Kong Soft Drinks Market 2019-2029
Chart Hong Kong Soft Drinks Market, Net Growth, 2019-2029
Chart Hong Kong Soft Drinks Market, Growth Rates, 2019-2029
Table Hong Kong Soft Drinks Market by Product Type, 2019-2029
Chart Hong Kong Soft Drinks Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Hong Kong Soft Drinks Market by Product Type, 2019-2029
Table Hong Kong Soft Drinks Market by Type, 2019-2029
Chart Hong Kong Soft Drinks Market by Type, CAGR Historic and Forecast, 2019-2029
Chart Hong Kong Soft Drinks Market by Type, 2019-2029
Table Hong Kong Soft Drinks Market by Packaging, 2019-2029
Chart Hong Kong Soft Drinks Market by Packaging, CAGR Historic and Forecast, 2019-2029
Chart Hong Kong Soft Drinks Market by Packaging, 2019-2029
Table Hong Kong Soft Drinks Market by Distribution Channel, 2019-2029
Chart Hong Kong Soft Drinks Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Hong Kong Soft Drinks Market by Distribution Channel, 2019-2029
Table Hong Kong Soft Drinks Market Share (%), by Companies, 2019-2023
Chart Hong Kong Soft Drinks Market, by Companies, 2023
Table Hong Kong Soft Drinks Market Share (%), by Brands, 2019-2023
Chart Hong Kong Soft Drinks Market, by Brands, 2023
Table Hong Kong – Population (Millions) and Forecast
Table Hong Kong – Consumer Price Index (CPI) and Forecast
Table Hong Kong – Gross Domestic Product and Forecast
Table Hong Kong Soft Drinks Market: Spend as a Proportion of GDP (%)
Table Hong Kong Soft Drinks Market: Consumption per Capita (Population)
Companies Mentioned
VITASOY International Holdings Limited
Unilever PLC
The Wonderful Company LLC.
The Coca-Cola Company
Thai Beverage Public Company Limited
Telford International Company Limited
Suntory Holdings Limited
Sunraysia Natural Beverage Co. Pty Ltd
Sunkist Growers, Incorporated
Robiff International Co., Ltd.
Red Bull GmbH
PepsiCo, Inc.
Otsuka Holdings Co. Ltd.
Nestle S.A.
Kirin Holdings Co., Ltd.
Kikkoman Corporation
Kagome Co., Ltd.
Hutchison Whampoa Limited (HWL)
Hung Fook Tong Holdings Limited
Hornell Brewing Co.
Highland Spring Limited
Harrogate Spring Water Ltd.
Dr Pepper Snapple Group
Danone S.A.
Acqua Minerale San Benedetto S.p.A.