The UK carbonated soft drinks market has seen varied changes over the past decade. The market size in terms of volume hit a peak between 2014 and 2015, with a notable dip observed in 2017. From 2018 to 2022, the market experienced moderate fluctuations, moving from a decrease in 2020 to a slight uptick by 2022. The Compound Annual Growth Rate (CAGR) over the past five years showed minor growth, indicating stabilization.
Key variations include:
- 2012: 7.88% increase.
- 2013: 4.77% increase.
- 2014: 14.3% increase; five-year CAGR: 4.32%.
- 2015: 0.56% increase; five-year CAGR: 4.3%.
- 2016: -0.55% decrease; five-year CAGR: 5.26%.
- 2017: -5.95% decrease; five-year CAGR: 2.41%.
- 2018: 0.92% increase; five-year CAGR: 1.64%.
- 2019: 1.58% increase; five-year CAGR: -0.72%.
- 2020: -4.26% decrease; five-year CAGR: -1.69%.
- 2021: 6.06% increase; five-year CAGR: -0.42%.
- 2022: 0.73% increase; five-year CAGR: 0.95%.
In 2023, the market value stood around a similar level to 2022, indicative of a stable but cautious growth trajectory.
Future trends to watch for include:
- New product innovations focusing on health and wellness, as consumer preferences shift towards healthier options.
- Potential impacts of regulatory changes and sugar taxes on market growth.
- Adoption of sustainable practices and eco-friendly packaging as environmental concerns become more pronounced.
- Technological advancements in production and distribution that could impact efficiency and costs.
How does the United Kingdom rank in Carbonated Soft Drinks Market Size Volume?
| # | 19 Countries | Liters | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 8,351,600,000 | 2023 | -0.038% | -1.03% | View data |
| 2 | 2 United Kingdom | 8,350,500,000 | 2023 | +0.71% | +0.91% | |
| 3 | 3 France | 4,104,000,000 | 2023 | +0.11% | +1.48% | View data |
| 4 | 4 Poland | 2,831,900,000 | 2023 | +0.48% | +0.042% | View data |
| 5 | 5 Romania | 1,956,900,000 | 2023 | +1.18% | +0.81% | View data |
