In 2020, bottled drinking water accounted for around 32 percent of all non-alcoholic beverage sales in China. In comparison, sports drinks took up only less than two percent of the market that year.
In September 2020, the Chinese beverage maker Nongfu Spring accumulated a considerable 1.08 billion U.S. dollars funds from its initial public offering in Hong Kong, making its owner Zhong Shanshan one of the ten wealthiest people in the world. Nongfu Spring held over one-fourth of China’s massive bottled water market and generated a revenue of more than 24 billion a year.
Share of non-alcoholic beverage retail sales in China in 2020, by category
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Website (waterexpocn.com). (July 31, 2021). Share of non-alcoholic beverage retail sales in China in 2020, by category [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1134215/china-share-of-non-alcoholic-beverage-sales-by-type/
Website (waterexpocn.com). "Share of non-alcoholic beverage retail sales in China in 2020, by category." Chart. July 31, 2021. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1134215/china-share-of-non-alcoholic-beverage-sales-by-type/
Website (waterexpocn.com). (2021). Share of non-alcoholic beverage retail sales in China in 2020, by category. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1134215/china-share-of-non-alcoholic-beverage-sales-by-type/
Website (waterexpocn.com). "Share of Non-alcoholic Beverage Retail Sales in China in 2020, by Category." Statista, Statista Inc., 31 Jul 2021, https://www.statista.com/statistics/1134215/china-share-of-non-alcoholic-beverage-sales-by-type/
Website (waterexpocn.com), Share of non-alcoholic beverage retail sales in China in 2020, by category Statista, https://www.statista.com/statistics/1134215/china-share-of-non-alcoholic-beverage-sales-by-type/ (last visited November 21, 2024)
Share of non-alcoholic beverage retail sales in China in 2020, by category [Graph], Website (waterexpocn.com), July 31, 2021. [Online]. Available: https://www.statista.com/statistics/1134215/china-share-of-non-alcoholic-beverage-sales-by-type/