Economic pressures, high inflation and political unrest continues to be seen in Bangladesh which is creating instability with imports becoming challenging. Despite this, new product development continues to be seen in hot drinks. Prices stabilised in 2024 despite elevated inflation with foodservice sales also returning to growth. Most consumers depend on small and medium pack sizes due to budgetary constraints with younger generations showing more interest in new tastes and flavours.
Hot drinks in 2024: The big picture
Hot drinks has seen a more positive performance in retail volume terms in 2024 with sales having declined in the previous two years against a backdrop of high inflation, political uncertainty and a sharp increase in the cost of living, which forced many households to reduce their non-essential spending.
Country background
Sales of hot drinks have seen a return to growth in retail volume terms in 2024 although sales remain well below pre-pandemic levels with demand disrupted by the volatile political situation and prevailing economic pressures including high inflation.
Socioeconomic trends
Inflation remains very high in Bangladesh and this alongside the prevailing economic and political crisis is impacting consumer spending. Nonetheless, the price of tea and coffee has remained relatively stable in 2024 which has helped to sustain demand, while the price of many other products has risen.
Logistics/infrastructure
Despite limited investment there has been an ongoing expansion in the distribution of hot drinks in Bangladesh with a wider range of products and brands being seen in the market and reaching more stores.
What next for hot drinks?
Hot drinks is projected to see strong and steady growth in retail volume terms over the forecast period backed by GDP growth and more stable rates of inflation. New product launches, marketing activities and the growing availability of more affordably priced products across the country should also have a positive influence on the overall performance of hot drinks.
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Overview:
Understand the latest market trends and future growth opportunities for the Hot Drinks industry in Bangladesh with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to the following key categories, where applicable:
- Coffee
- Tea
- Other Hot Drinks
If you're in the Hot Drinks industry in Bangladesh, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Hot Drinks in Bangladesh report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Hot Drinks in Bangladesh?
- To what extent are health considerations impacting consumption of Hot Drinks in Bangladesh?
- What are the traditional preferences in Hot Drinks in Bangladesh? To what extent are these tastes changing amidst increasing international influence and the growth of chained cafés?
- How are changing demographics (for example, an ageing or predominantly young population) determining consumption of Hot Drinks in Bangladesh?
- Which are the leading brands in Hot Drinks in Bangladesh?
- How are products distributed in Hot Drinks in Bangladesh?
- How is the rise of e-commerce changing the retail and competitive landscape?
- Have home seclusion and social distancing measures following COVID-19 benefited sales of Hot Drinks?
- Where is future growth expected to be most dynamic?
Hot Drinks in Bangladesh
Hot drinks in 2024: The big picture
Country background
Socioeconomic trends
Logistics/infrastructure
What next for hot drinks?
DISCLAIMER
2024 Developments
Prospects and Opportunities
Category Data
2024 Developments
Prospects and Opportunities
Category Data
2024 Developments
Prospects and Opportunities
Category Data
The following categories and subcategories are included:
Hot Drinks
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- Fresh Coffee Beans
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- Fresh Ground Coffee Pods
- Standard Fresh Ground Coffee
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- Instant Standard Coffee
- Instant Coffee Mixes
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- Loose Black Tea
- Tea Bags Black
- Fruit/Herbal Tea
- Green Tea
- Instant Tea
- Other Tea
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- Chocolate-based Flavoured Powder Drinks
- Malt-based Hot Drinks
- Non-Chocolate-based Flavoured Powder Drinks
- Other Plant-based Hot Drinks
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This report originates from Passport, our Hot Drinks research and analysis database.
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