India Hot Drinks – Market Assessment and Forecasts to 2024

2020-06-11
Price :
Published : Jun-2020
No. of Pages : 97

India Hot Drinks – Market Assessment and Forecasts to 2024

Summary

Indian hot drinks sector was led by hot tea category in both value and volume terms in 2019. However, the other hot drinks category is forecast to register fastest value & volume growth during 2019-2024. Convenience stores accounted for the leading share in the distribution of hot drinks in the country. Paper & board was the most commonly used pack material in the country. Consumption of hot drinks products was higher among males than females in the country. Unilever, Tata Sons Limited and GlaxoSmithKline are the top three companies in the Indian hot drinks sector.

This report on the hot drinks sector in India provides insights on high growth markets to target, trends in the usage of packaging materials, types and closures category level distribution data and companies market shares.

What else is contained?

– Sector data: Overall sector value and volume data with growth analysis for 2014-2024
– Category coverage: Value and growth analysis for hot coffee, hot tea, other hot drinks with inputs on individual segment share within each category and the change in their market share forecast for 2019-2024
– Leading players: Market share of compaines (in value terms) and private labels (in value terms) in 2019
– Distribution data: Percentage of sales within each category through distribution channels such as cash & carries & warehouse clubs, convenience stores, department stores, food & drinks specialists, hypermarkets & supermarkets, e-retailers, “dollar stores”, variety stores & general merchandise retailers other general retailers.
– Packaging data: consumption breakdown for package materials and pack types in each category, in terms of percentage share of number of units sold. Pack material data for glass, flexible packaging, rigid plastics, paper & board and rigid metal; pack type for: jar, bag/sachet, tub, speciality container, stand up pouch, carton – folding, can, pod and other pack type, closure type for: flip/snap top, screw top, prize off, twist off, plastic tie and other closure types, primary outer types for: carton – folding, bag, sleeve and shrink wrap.

Scope

– Value share of India is expected to increase in both the global and regional hot drinks market in the next five years
– Both per capita consumption and per capita expenditure of hot drinks was lower in India than both the global and regional levels in 2019
– Indian consumers prefer premium products in the hot drinks sector
– The per capita consumption of hot tea was higher than other hot drinks categories in 2019
– Private labels are growing at a higher CAGR than brands in the Indian hot drinks sector
– Paper & board is the commonly used pack material in the Indian hot drinks sector
– Hot tea was the most used category across leading cities in India
– Amongst top ten cities, Mumbai is projected to contribute the most towards the volume growth of Indian hot drinks sector during 2018-2023
– Kids & babies account for the leading share in the consumption of hot drinks in India
– Global trade slowdown, internal headwinds leads to pulls down India’s Real GDP growth in 2019

Reasons to Buy

– Identify high potential categories and explore further market opportunities based on detailed value and volume analysis
– Existing and new players can analyze key distribution channels to identify and evaluate trends and opportunities
– Gain an understanding of the total competitive landscape based on detailed company share analysis to plan effective market positioning
– Our team of analysts have placed a significant emphasis on changes expected in the market that will provide a clear picture of the opportunities that can be tapped over the next five years, resulting in revenue expansion
– The packaging analysis report helps manufacturers, in identifying the most commonly used packaging materials in the sector
– Analysis on key macro-economic indicators such as real GDP, nominal GDP, consumer price index, household consumption expenditure, population (by age group, gender, rural-urban split, and employed people and unemployment rate.
– It also includes economic summary of the country along with labor market and demographic trends.

Filed in: Food & Beverage, Hot Drinks
Publisher : GlobalData
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