In 2024, soft drink manufacturers in Myanmar have introduced low-volume pack sizes and low-cost product variants, alongside marketing initiatives such as price discounts and lucky draws, in an effort to sustain sales volumes amidst the continued decline in household income levels and consumer spending. These challenges have been exacerbated by inflationary pressures and the ongoing devaluation of the Myanmar currency, significantly impacting purchasing power.
Soft drinks in 2024: The big picture
Soft drinks sales have shown a deceleration in 2024 as the adverse macroeconomic conditions persist, affecting both supply and demand. In response, industry players have focused on reducing production costs while simultaneously allocating increased budgets towards marketing campaigns.
Country background
Myanmar’s economic growth remains subdued, with GDP growth projected at 1.2% in 2024 and 2.
Socioeconomic trends
The ongoing economic hardships have pushed almost half of Myanmar’s population of 54 million below the poverty line, with 49.7% of people living on less than 76 US cents a day, a figure that has doubled since 2017 according to the United Nations Development Programme.
Logistics/infrastructure
Myanmar’s logistics and manufacturing sectors continue to face severe disruptions due to daily power outages, rising fuel prices, and escalating logistics costs, all of which have driven up retail prices for goods, including soft drinks. The ongoing political conflict further complicates the movement of goods within the country and across borders, with trade statistics revealing a 13% decline in goods exports and a 20% drop in imports during the six months leading up to March 2024, compared to the same period in the previous year, as reported by the World Bank.
What next for soft drinks?
Sales across most soft drink categories, excluding essentials like bottled water, are expected to experience a slowdown as Myanmar’s economic recovery remains unlikely in the short term. The frequency of new product launches and brand extensions in the mid-range and premium segments has diminished and is anticipated to remain limited over the forecast period.
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Overview:
Understand the latest market trends and future growth opportunities for the Soft Drinks industry in Myanmar 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:
- Bottled Water
- Carbonates
- Concentrates
- Juice
- RTD Coffee
- RTD Tea
- Energy Drinks
- Sports Drinks
- Asian Speciality Drinks
If you're in the Soft Drinks industry in Myanmar, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Soft Drinks in Myanmar 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 Soft Drinks in Myanmar?
- To what extent are health considerations impacting consumption of Soft Drinks in Myanmar?
- How are changing social attitudes and legislation (eg sugar tax) reshaping demand and consumption?
- How are changing demographics (for example, an ageing or predominantly young population) determining consumption of Soft Drinks in Myanmar?
- Which are the leading brands in Soft Drinks in Myanmar?
- What potential exists for multinational or domestic soft drinks companies to expand in Myanmar?
- How are products distributed in Soft Drinks in Myanmar?
- How is the rise of e-commerce changing the retail and competitive landscape?
- How have home seclusion and social distancing measures following COVID-19 impacted sales of Soft Drinks?
- How are sustainability issues, such as environmentally-friendly packaging, legislation on recyclability, or the amount of plastic in bottles, impacting the soft drinks industry?
- Where is future growth expected to be most dynamic?
Soft Drinks in Myanmar
Soft drinks in 2024: The big picture
Country background
Socioeconomic trends
Logistics/infrastructure
What next for soft drinks?
DISCLAIMER
2024 Developments
Prospects and Opportunities
Category Data
2024 Developments
Prospects and Opportunities
Category Data
2024 Developments
Prospects and Opportunities
Category Data
2024 Developments
Prospects and Opportunities
Category Data
2024 Developments
Prospects and Opportunities
Category Data
2024 Developments
Prospects and Opportunities
Category Data
2024 Developments
Prospects and Opportunities
Category Data
2024 Developments
Prospects and Opportunities
Category Data
2024 Developments
Prospects and Opportunities
The following categories and subcategories are included:
Soft Drinks
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- Carbonated Natural Mineral Bottled Water
- Carbonated Spring Bottled Water
- Carbonated Purified Bottled Water
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- Still Flavoured Bottled Water
- Sparkling Flavoured Bottled Water
- Functional Bottled Water
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- Still Natural Mineral Bottled Water
- Still Spring Bottled Water
- Still Purified Bottled Water
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- Regular Carbonates
- Reduced Sugar Carbonates
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- Regular Cola Carbonates
- Reduced Sugar Cola Carbonates
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- Regular Non-Cola Carbonates
- Reduced Sugar Non-Cola Carbonates
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- Regular Lemonade/Lime
- Reduced Sugar Lemonade/Lime
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- Regular Tonic Water/Mixers/Other Bitters
- Reduced Sugar Tonic Water/Mixers/Other Bitters
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- Regular Orange Carbonates
- Reduced Sugar Orange Carbonates
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- Regular Other Non-Cola Carbonates
- Reduced Sugar Other Non-Cola Carbonates
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- Liquid Concentrates
- Powder Concentrates
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- Not from Concentrate 100% Juice
- Reconstituted 100% Juice
- Coconut and Other Plant Waters
- Juice Drinks (up to 24% Juice)
- Nectars
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- RTD Coffee
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- Carbonated RTD Tea and Kombucha
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- Regular Still RTD Tea
- Reduced Sugar Still RTD Tea
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- Regular Energy Drinks
- Reduced Sugar Energy Drinks
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- Regular Sports Drinks
- Reduced Sugar Sports Drinks
- Asian Speciality Drinks
Soft Drinks
This is the aggregation of the following categories; Carbonates, Fruit/vegetable juice, Bottled water, Functional drinks, Concentrates, RTD tea, RTD coffee and Asian speciality drinks.
See all of our definitionsWhy buy this report?
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This report originates from Passport, our Soft Drinks research and analysis database.
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