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Learn moreDec 2020
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COVID-19 had a huge impact on carbonates in Hong Kong, leading the category to experience a significant decline in value and volume terms in both retail and foodservice in 2020. In foodservice, sales of carbonates experienced a substantial loss thanks to a number of measures to fight the virus imposed by the Hong Kong government.
Since both the on-trade channel and on-the-go consumption were impacted as a result of COVID-19, manufacturers were forced to fundamentally rethink their channel and usage occasion strategies for carbonates. Both on-trade and on-the-go purchases were traditionally crucial to carbonates manufacturers as they contributed a large proportion of business to the category.
Amid the difficult business environment, carbonates manufacturers continued to innovate. In order to stimulate and sustain consumer interest in carbonates, product innovations focusing on new variants and packaging were continuously launched.
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Overview
Discover the latest market trends and uncover sources of future market growth for the Carbonates industry in Hong Kong, China with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Carbonates industry in Hong Kong, China, our research will save you time and money while empowering you to make informed, profitable decisions.
The Carbonates in Hong Kong, China market research report includes:
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Why buy this report?
This industry report originates from Passport, our Soft Drinks market research database.
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.