Asian speciality drinks in Hong Kong, particularly herbal teas focusing on health benefits, regained growth momentum in 2023 as tourists returned following the easing of travel restrictions in late 2022. This presented an opportunity for brands to boost their sales by attracting the attention of both tourists and domestic consumers. They launched marketing campaigns and introduced new products during the year to capitalise on this recovery and drive consumer interest.
Euromonitor International's Asian Speciality Drinks in Hong Kong, China report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data (2019-2023), allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market – be they legislative, distribution, packaging or pricing issues. Forecasts to 2028 illustrate how the market is set to change.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report? * Get a detailed picture of the Asian Speciality Drinks market; * Pinpoint growth sectors and identify factors driving change; * Understand the competitive environment, the market’s major players and leading brands; * Use five-year forecasts to assess how the market is predicted to develop.
Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.
Asian Speciality Drinks in Hong Kong, China
Euromonitor International
April 2024
List Of Contents And Tables
ASIAN SPECIALITY DRINKS IN HONG KONG, CHINA
KEY DATA FINDINGS
2023 DEVELOPMENTS
Demand for Asian speciality drinks driven by health-conscious consumers and the return of tourists
Hung Fok Tong’s proactive product and marketing strategy gains attention of returning tourists
PROSPECTS AND OPPORTUNITIES
Asian speciality drinks set for steady growth, driven by recovering tourist flows and health-conscious consumers
Navigating sustainability challenges and packaging alternatives
CATEGORY DATA
Table 1 Off-trade Sales of Asian Speciality Drinks: Volume 2018-2023
Table 2 Off-trade Sales of Asian Speciality Drinks: Value 2018-2023
Table 3 Off-trade Sales of Asian Speciality Drinks: % Volume Growth 2018-2023
Table 4 Off-trade Sales of Asian Speciality Drinks: % Value Growth 2018-2023
Table 5 NBO Company Shares of Off-trade Asian Speciality Drinks: % Volume 2019-2023
Table 6 LBN Brand Shares of Off-trade Asian Speciality Drinks: % Volume 2020-2023
Table 7 NBO Company Shares of Off-trade Asian Speciality Drinks: % Value 2019-2023
Table 8 LBN Brand Shares of Off-trade Asian Speciality Drinks: % Value 2020-2023
Table 9 Forecast Off-trade Sales of Asian Speciality Drinks: Volume 2023-2028
Table 10 Forecast Off-trade Sales of Asian Speciality Drinks: Value 2023-2028
Table 11 Forecast Off-trade Sales of Asian Speciality Drinks: % Volume Growth 2023-2028
Table 12 Forecast Off-trade Sales of Asian Speciality Drinks: % Value Growth 2023-2028
SOFT DRINKS IN HONG KONG, CHINA
EXECUTIVE SUMMARY
Soft drinks in 2023: The big picture
2023 key trends
Competitive landscape
Retailing developments
Foodservice vs retail split
What next for soft drinks?
MARKET DATA
Table 13 Off-trade vs On-trade Sales of Soft Drinks (RTD) by Channel: Volume 2018-2023
Table 14 Off-trade vs On-trade Sales of Soft Drinks (RTD) by Channel: % Volume Growth 2018-2023
Table 15 Off-trade vs On-trade Sales of Soft Drinks by Channel: Value 2018-2023
Table 16 Off-trade vs On-trade Sales of Soft Drinks by Channel: % Value Growth 2018-2023
Table 17 Off-trade vs On-trade Sales of Soft Drinks (as sold) by Category: Volume 2022
Table 18 Off-trade vs On-trade Sales of Soft Drinks (as sold) by Category: % Volume 2022
Table 19 Off-trade vs On-trade Sales of Soft Drinks by Category: Value 2022
Table 20 Off-trade vs On-trade Sales of Soft Drinks by Category: % Value 2022
Table 21 Off-trade Sales of Soft Drinks (RTD) by Category: Volume 2018-2023
Table 22 Off-trade Sales of Soft Drinks (RTD) by Category: % Volume Growth 2018-2023
Table 23 Off-trade Sales of Soft Drinks by Category: Value 2018-2023
Table 24 Off-trade Sales of Soft Drinks by Category: % Value Growth 2018-2023
Table 25 Sales of Soft Drinks by Total Fountain On-trade: Volume 2018-2023
Table 26 Sales of Soft Drinks by Total Fountain On-trade: % Volume Growth 2018-2023
Table 27 NBO Company Shares of Off-trade Soft Drinks (RTD): % Volume 2019-2023