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Opportunities in Asia Pacific Hot Drinks Sector

Opportunities in Asia Pacific Hot Drinks Sector

  • August 2020
  • 115 pages
  • ID: 5978440
  • Format: PDF
  • GlobalData
Up to $1260 off Until Nov 30th 2020

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Opportunities in Asia Pacific Hot Drinks Sector

Summary
Asia-Pacific was the largest market in the global hot drinks sector with value sales of US$80,551.1 million, accounting for a share of 39.4% in 2019. The region was also the largest market in terms of volume with 5,486.7 million kg, during the same year. Asia-Pacific is set to emerge as the world’s fastest-growing market with value CAGR of 7.7% during 2019-2024. Based on the relative performance of countries on multiple metrics, Japan, Vietnam, South Korea, and Taiwan were shortlisted out of 26 countries as high-potential countries in Asia-Pacific primarily due to the large hot drinks sector size, projected high-value growth rates, and projected rising per capita value growth levels. Asia-Pacific hot drinks sector’s top five companies accounted for a share of 30.4% in 2019, of which Nestle S.A. held a share of 15.6%, with presence in all categories. Nestle S.A. was followed by Unilever (5.7%), China Tea Co. Ltd. (3.1%), Zhejiang Xiangpiaopiao Co. Ltd. (3%) and Ajinomoto Group (3%). Private labels held 8.7% share of overall value sales in 2019. Convenience stores was the leading distribution channel in the Asia-Pacific hot drinks sector, with a value share of 36.2% in 2019. Paper & board was the most widely used pack material, accounting for a 48.2% share in 2019.

This report brings together multiple data sources to provide a comprehensive overview of the Asa-Pacific hot drinks sector. It includes market overview, high growth country analysis, top companies, key distribution channels, packaging formats and case studies.

Scope
This report brings together multiple data sources to provide a comprehensive overview of Asia-Pacific hot drinks sector, analyzing data from 26 countries in the region.

It includes analysis on the following -
- Market Environment: Includes sector size, market size, and growth analysis by category.
- High-potential Countries’ Analysis: Indicates changing share of value consumption in the various hot drinks by category across high-potential countries in Asia-Pacific region. It also provides Risk-Reward analysis of 4 countries across Asia-Pacific region based on market assessment, economic development, socio-demographic, governance indicators, and technological infrastructure.
- Country Deep Dive: Provides the overview, demographic analysis, and key trends across high potential countries.
- Success Stories: Provides some of the most compelling hot drinks manufacturers, brands, products, and marketing campaigns in Asia-Pacific region. It also provides a better understanding of how a certain manufacturer achieved success in the sector, and insights.
- Competitive Environment: Provides an overview of leading companies in Asia-Pacific region, besides analyzing the growth of private label in the region.
- Distribution Analysis: Provides analysis on the leading distribution channels in Asia-Pacific hot drinks sector in 2019. It covers five distribution channels - Convenience Stores,
- Hypermarkets & Supermarkets, Food & Drinks Specialists, eRetailers, and ‘others’, which includes Department Stores, Direct Sellers, “Dollar Stores”, Variety Stores & General, Merchandise Retailers, Cash & Carries & Warehouse Clubs, Others..
- Packaging Analysis*: The report provides percentage share (in 2019) and growth analysis (during 2014-2024) for various pack materials, pack types, closure types, and primary outer types based on the volume sales (by pack units) of hot drinks products.
- Challenges and Future Outlook: Provides the challenges and future outlook pertaining to Asia-Pacific’s hot drinks sector.

Reasons to Buy
- Manufacturing and retailers seek latest information on how the market is evolving to formulate their sales and marketing strategies. There is also demand for authentic market data with a high level of detail. This report has been created to provide its readers with up-to-date information and analysis to uncover emerging opportunities of growth within the sector in the region.
- The report provides a detailed analysis of the countries in the region, covering the key challenges, competitive landscape and demographic analysis , that can help companies gain insight into the country specific nuances
- The analysts have also placed a significant emphasis on the key trends that drive consumer choice and the future opportunities that can be explored in the region, than can help companies in revenue expansion
- To gain competitive intelligence about leading companies in the sector in the region with information about their market share and growth rates

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