Soft drinks in 2024: The big picture
Soft drinks posted robust growth in volume terms over 2024 as the Pakistan economy slowly began to show signs of recovery. Inflation began to fall with the foreign exchange rate remaining stable and the current account deficit reducing.
2024 key trends
Soft drinks is a dynamic and evolving segment of Pakistan’s beverage industry characterised by a diverse product offering, including carbonated soft drinks, bottled water, flavoured drinks, and the growing presence of healthier alternatives. Consumer tastes are changing and there is an increasing emphasis on health-conscious choices, resulting in higher demand for low sugar, energy, and functional drinks.
Competitive landscape
The soft drinks competitive landscape saw only minor changes in share during 2024. Global heavyweights including PepsiCo Inc, The Coca-Cola Company, and Nestlé SA have a strong presence in the retail market due to strong distribution networks, brand equity, and robust supply chains.
Retailing developments
Small retailers are the principal channel for buying soft drinks in Pakistan, dominating volume sales in 2024. Retail outlets are located close to or within residential neighbourhoods and commercial areas and many consumers prefer to purchase soft drinks from these convenience outlets.
Foodservice vs retail split
In line with urbanisation, the pace of development is strong in hotels, restaurants, and cafés. International chains are opening, outlets are expanding, and restaurants are adding new branches to their portfolio.
What next for soft drinks?
High inflation and shrinking household budgets may reduce consumer expenditure on soft drinks over the forecast period, especially in rural areas. Manufacturers are expecting a stronger performance in urban centres as a growing number of adults, especially women, enter the workforce and benefit from higher disposable income.
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Overview:
Understand the latest market trends and future growth opportunities for the Soft Drinks industry in Pakistan 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 Pakistan, 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 Pakistan 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 Pakistan?
- To what extent are health considerations impacting consumption of Soft Drinks in Pakistan?
- 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 Pakistan?
- Which are the leading brands in Soft Drinks in Pakistan?
- What potential exists for multinational or domestic soft drinks companies to expand in Pakistan?
- How are products distributed in Soft Drinks in Pakistan?
- 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 Pakistan
Soft drinks in 2024: The big picture
2024 key trends
Competitive landscape
Retailing developments
Foodservice vs retail split
What next for soft drinks?
DISCLAIMER
Bottled Water in Pakistan
KEY DATA FINDINGS
Local players expand to meet consumer demand
Dasani loses retail value share
Health and safety concerns drive the need for safety certifications
Modern trade outlets to attract consumers with discounts and deals
Local players to make their mark in bottled water
Popularity of carbonated bottled water is set to grow
Carbonates in Pakistan
KEY DATA FINDINGS
International boycott gives local brands an opportunity
Brand re-launches are used to mitigate boycott challenges
Local players strengthen distribution networks
Economic uncertainty will bear a strong influence on sales
Urbanisation and rising youth population will drive consumption
E-commerce delivery channel offers prime opportunities
Concentrates in Pakistan
KEY DATA FINDINGS
Curb on illegal imports supports local players
Tang remains the prominent brand in concentrates
Seasonal demand links to religious festivals
Marketing campaigns will drive sales around religious festivals
E-commerce channel offers growth potential
Little change in brand share
Concentrates Conversions
Juice in Pakistan
KEY DATA FINDINGS
Retail distribution strategies are key to success in juice category
Consumers are looking for healthier juice options
On-the-go options adhere to modern lifestyles
Growing interest in cold-pressed juices
Functional and utilitarian juices can drive value sales
Strategic retail partnerships and marketing campaigns of key importance
RTD Coffee in Pakistan
KEY DATA FINDINGS
Nestlé maintains a strong lead in RTD coffee
RTD coffee widens exposure from e-commerce channel
Affluent consumers drive sales of this niche product
Limited growth expected given niche status
Expansion of modern trade to support sales development
Greater product variety could support volume growth
RTD Tea in Pakistan
KEY DATA FINDINGS
Lipton Iced Tea remains the category leader
Smaller pack sizes highlight the convenience factor
Lack of flavours hinders development
Rising health awareness to support category growth
RTD tea to remain a small category
Need for ongoing innovation and marketing investment
Energy Drinks in Pakistan
KEY DATA FINDINGS
Re-launch of Roar energy drinks brand
New flavours and innovation support energy drinks
Lack of competition from local companies
Urbanisation trend in Pakistan will drive demand
Young generations will form the core audience for energy drinks
Health and functional benefits to be rolled out in energy drinks
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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