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Learn moreFeb 2020
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After a few years of decline, total packaging unit volumes saw a marginal rise in 2019, driven by slight growth in demand for soft drinks. Growth in several soft drink categories, such as RTD tea, sports drinks and bottled water, was the main driver behind this.
Rigid plastic remained the fastest-growing packaging type in 2019, driven by its common usage in the growing categories of soft drinks, such as bottled water, RTD tea, and sports drinks. The convenience provided by rigid plastic continues to be the reason for its popularity, especially within retail, as it is lighter and easier to carry compared to some alternatives, such as glass bottles.
Several manufacturers have been experimenting with smaller packaging, particularly for RTD tea. For instance, the new fusion tea line from Yeo Hiap Seng Ltd comes in 250ml PET bottles, whereas Seasons’s new Chrysanthemum Pu’er tea comes in a 380ml PET bottle; both are smaller than the usual 500ml PET bottle commonly observed for RTD tea.
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Overview
Discover the latest market trends and uncover sources of future market growth for the Soft Drinks Packaging industry in Singapore 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 Soft Drinks Packaging industry in Singapore, our research will save you time and money while empowering you to make informed, profitable decisions.
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This industry report originates from Passport, our Packaging 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.