Non-chained grocery stores and water delivery shops have been the leading sales channel for ready-to-drink (RTD) soft beverages in China. In 2023, this traditional channel contributed 386.5 billion yuan in retails sales revenue. The e-commerce channel, the smallest yet growing the fastest, registered over nine percent growth over the ten years span from 2018.
Retail sales value of ready-to-drink soft beverages in China from 2018 to 2023, with estimates until 2028, by sales channel
(in billion yuan)
One yuan equals approximately 0.14 U.S. dollars and 0.13 euros (as of May 2024).
The source defined the sales channels as follows:
1. Traditional channel included small grocery stores and water delivery shops that are typically owned and operated by individual vendors or households.
2. Modern channel covered hypermarkets, supermarkets and chained convenience stores;
3. Catering channel referred to restaurants and other catering service providers.
4. E-commerce channel referred to online sales platforms
5. Specialty and other channels covered airlines, train stations, gas stations, highway service areas, hotels and sports venues, as well as other retail channels.
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HKExnews, & CR Beverage. (April 21, 2024). Retail sales value of ready-to-drink soft beverages in China from 2018 to 2023, with estimates until 2028, by sales channel (in billion yuan) [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/1466083/china-market-size-ready-to-drink-soft-beverages-by-sales-channel/
HKExnews, und CR Beverage. "Retail sales value of ready-to-drink soft beverages in China from 2018 to 2023, with estimates until 2028, by sales channel (in billion yuan)." Chart. April 21, 2024. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/1466083/china-market-size-ready-to-drink-soft-beverages-by-sales-channel/
HKExnews, CR Beverage. (2024). Retail sales value of ready-to-drink soft beverages in China from 2018 to 2023, with estimates until 2028, by sales channel (in billion yuan). Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/1466083/china-market-size-ready-to-drink-soft-beverages-by-sales-channel/
HKExnews, and CR Beverage. "Retail Sales Value of Ready-to-drink Soft Beverages in China from 2018 to 2023, with Estimates until 2028, by Sales Channel (in Billion Yuan)." Statista, Statista Inc., 21 Apr 2024, https://www.statista.com/statistics/1466083/china-market-size-ready-to-drink-soft-beverages-by-sales-channel/
HKExnews & CR Beverage, Retail sales value of ready-to-drink soft beverages in China from 2018 to 2023, with estimates until 2028, by sales channel (in billion yuan) Statista, https://www.statista.com/statistics/1466083/china-market-size-ready-to-drink-soft-beverages-by-sales-channel/ (last visited December 23, 2024)
Retail sales value of ready-to-drink soft beverages in China from 2018 to 2023, with estimates until 2028, by sales channel (in billion yuan) [Graph], HKExnews, & CR Beverage, April 21, 2024. [Online]. Available: https://www.statista.com/statistics/1466083/china-market-size-ready-to-drink-soft-beverages-by-sales-channel/
