Market size of RTD soft beverages China 2018-2028, by sales channel

Published by
Xin Ou,
May 23, 2024

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.

Market size of ready-to-drink soft beverages in China from 2018 to 2023, with estimates until 2028, by sales channel (in billion yuan)

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Sources

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Release date

April 2024

Region

China

Survey time period

2018 to 2023

Supplementary notes

*Estimate.

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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