Product Code: SDMY
In 2024, soft drinks in Malaysia witnessed further strong, if slowing, growth in on-trade volume sales. The channel continued its recovery from the slump in demand caused by the restrictions imposed on foodservice, travel and consumer mobility in the wake of the Coronavirus (COVID-19) pandemic. Despite the return to the office, schools, socialising and travel, with tourism flows gaining pace, on-trade volume sales remained below the 2019 pre-pandemic level. Meanwhile, the modest growth in off-tr...
Euromonitor International's Soft Drinks in Malaysia report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data (2019-2023), allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market - be they legislative, distribution, packaging or pricing issues. Forecasts to 2028 illustrate how the market is set to change.
Product coverage: Asian Speciality Drinks, Bottled Water, Carbonates, Concentrates, Energy Drinks, Juice, RTD Coffee, RTD Tea, Sports Drinks.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
-  Get a detailed picture of the Soft Drinks market;
-  Pinpoint growth sectors and identify factors driving change;
-  Understand the competitive environment, the market's major players and leading brands;
-  Use five-year forecasts to assess how the market is predicted to develop.
TABLE OF CONTENTS
List Of Contents And Tables
EXECUTIVE SUMMARY
- Soft drinks in 2024: The big picture
- 2024 key trends
- Competitive landscape
- Retailing developments
- Foodservice vs retail split
- What next for soft drinks?
MARKET DATA
- Table 1 Off-trade vs On-trade Sales of Soft Drinks (RTD) by Channel: Volume 2019-2024
- Table 2 Off-trade vs On-trade Sales of Soft Drinks (RTD) by Channel: % Volume Growth 2019-2024
- Table 3 Off-trade vs On-trade Sales of Soft Drinks by Channel: Value 2019-2024
- Table 4 Off-trade vs On-trade Sales of Soft Drinks by Channel: % Value Growth 2019-2024
- Table 5 Off-trade vs On-trade Sales of Soft Drinks (as sold) by Category: Volume 2024
- Table 6 Off-trade vs On-trade Sales of Soft Drinks (as sold) by Category: % Volume 2024
- Table 7 Off-trade vs On-trade Sales of Soft Drinks by Category: Value 2024
- Table 8 Off-trade vs On-trade Sales of Soft Drinks by Category: % Value 2024
- Table 9 Off-trade Sales of Soft Drinks (RTD) by Category: Volume 2019-2024
- Table 10  Off-trade Sales of Soft Drinks (RTD) by Category: % Volume Growth 2019-2024
- Table 11  Off-trade Sales of Soft Drinks by Category: Value 2019-2024
- Table 12  Off-trade Sales of Soft Drinks by Category: % Value Growth 2019-2024
- Table 13  Sales of Soft Drinks by Total Fountain On-trade: Volume 2019-2024
- Table 14  Sales of Soft Drinks by Total Fountain On-trade: % Volume Growth 2019-2024
- Table 15  NBO Company Shares of Total Soft Drinks (RTD): % Volume 2020-2024
- Table 16  LBN Brand Shares of Total Soft Drinks (RTD): % Volume 2021-2024
- Table 17  NBO Company Shares of On-trade Soft Drinks (RTD): % Volume 2020-2024
- Table 18  LBN Brand Shares of On-trade Soft Drinks (RTD): % Volume 2021-2024
- Table 19  NBO Company Shares of Off-trade Soft Drinks (RTD): % Volume 2020-2024
- Table 20  LBN Brand Shares of Off-trade Soft Drinks (RTD): % Volume 2021-2024
- Table 21  NBO Company Shares of Off-trade Soft Drinks: % Value 2020-2024
- Table 22  LBN Brand Shares of Off-trade Soft Drinks: % Value 2021-2024
- Table 23  Penetration of Private Label in Off-trade Soft Drinks (RTD) by Category: % Volume 2019-2024
- Table 24  Penetration of Private Label in Off-trade Soft Drinks by Category: % Value 2019-2024
- Table 25  Distribution of Off-trade Soft Drinks (as sold) by Format: % Volume 2019-2024
- Table 26  Distribution of Off-trade Soft Drinks (as sold) by Format and Category: % Volume 2024
- Table 27  Forecast Off-trade vs On-trade Sales of Soft Drinks (RTD) by Channel: Volume 2024-2029
- Table 28  Forecast Off-trade vs On-trade Sales of Soft Drinks (RTD) by Channel: % Volume Growth 2024-2029
- Table 29  Forecast Off-trade vs On-trade Sales of Soft Drinks by Channel: Value 2024-2029
- Table 30  Forecast Off-trade vs On-trade Sales of Soft Drinks by Channel: % Value Growth 2024-2029
- Table 31  Forecast Off-trade Sales of Soft Drinks (RTD) by Category: Volume 2024-2029
- Table 32  Forecast Off-trade Sales of Soft Drinks (RTD) by Category: % Volume Growth 2024-2029
- Table 33  Forecast Off-trade Sales of Soft Drinks by Category: Value 2024-2029
- Table 34  Forecast Off-trade Sales of Soft Drinks by Category: % Value Growth 2024-2029
- Table 35  Forecast Sales of Soft Drinks by Total Fountain On-trade: Volume 2024-2029
- Table 36  Forecast Sales of Soft Drinks by Total Fountain On-trade: % Volume Growth 2024-2029
APPENDIX
- Fountain sales in Malaysia
DISCLAIMER
SOURCES
- Summary 1 Research Sources
CARBONATES IN MALAYSIA
KEY DATA FINDINGS
2024 DEVELOPMENTS
- On-trade and fountain sales see strong volume growth, while off-trade volume sales drop
- Constant new product development is key to success as a shift towards functional offerings is observed
- Sustainability gains traction in carbonates
PROSPECTS AND OPPORTUNITIES
- Hike in excise duty for sugary drinks may hinder carbonates, especially in the off-trade channel
- Tourism and Karaoke bode well for carbonates consumption
- Growing appreciation for health-orientated carbonates in Malaysia
CATEGORY DATA
- Table 37 Off-trade vs On-trade Sales of Carbonates: Volume 2019-2024
- Table 38 Off-trade vs On-trade Sales of Carbonates: Value 2019-2024
- Table 39 Off-trade vs On-trade Sales of Carbonates: % Volume Growth 2019-2024
- Table 40 Off-trade vs On-trade Sales of Carbonates: % Value Growth 2019-2024
- Table 41 Off-trade Sales of Carbonates by Category: Volume 2019-2024
- Table 42 Off-trade Sales of Carbonates by Category: Value 2019-2024
- Table 43 Off-trade Sales of Carbonates by Category: % Volume Growth 2019-2024
- Table 44 Off-trade Sales of Carbonates by Category: % Value Growth 2019-2024
- Table 45 Total Sales of Carbonates by Fountain On-trade: Volume 2019-2024
- Table 46  Total Sales of Carbonates by Fountain On-trade: % Volume Growth 2019-2024
- Table 47  NBO Company Shares of Off-trade Carbonates: % Volume 2020-2024
- Table 48  LBN Brand Shares of Off-trade Carbonates: % Volume 2021-2024
- Table 49  NBO Company Shares of Off-trade Carbonates: % Value 2020-2024
- Table 50  LBN Brand Shares of Off-trade Carbonates: % Value 2021-2024
- Table 51  Forecast Off-trade Sales of Carbonates by Category: Volume 2024-2029
- Table 52  Forecast Off-trade Sales of Carbonates by Category: Value 2024-2029
- Table 53  Forecast Off-trade Sales of Carbonates by Category: % Volume Growth 2024-2029
- Table 54  Forecast Off-trade Sales of Carbonates by Category: % Value Growth 2024-2029
- Table 55  Forecast Total Sales of Carbonates by Fountain On-trade: Volume 2024-2029
- Table 56  Forecast Total Sales of Carbonates by Fountain On-trade: % Volume Growth 2024-2029
JUICE IN MALAYSIA
KEY DATA FINDINGS
2024 DEVELOPMENTS
- Marginal volume growth in the off-trade channel amid consumer price-sensitivity and substitution threats
- Prize contests gain momentum in juice
- Key players engage in distribution strategies to expand their reach and engender brand loyalty
PROSPECTS AND OPPORTUNITIES
- The increase in excise duty on sugary drinks is poised to hike prices of juice
- Reconstituted 100% juice is set to continue to struggle in off-trade volume terms
- The outlook for coconut and other plant waters is optimistic
CATEGORY DATA
- Table 57 Off-trade Sales of Juice by Category: Volume 2019-2024
- Table 58 Off-trade Sales of Juice by Category: Value 2019-2024
- Table 59 Off-trade Sales of Juice by Category: % Volume Growth 2019-2024
- Table 60 Off-trade Sales of Juice by Category: % Value Growth 2019-2024
- Table 61 NBO Company Shares of Off-trade Juice: % Volume 2020-2024
- Table 62 LBN Brand Shares of Off-trade Juice: % Volume 2021-2024
- Table 63 NBO Company Shares of Off-trade Juice: % Value 2020-2024
- Table 64 LBN Brand Shares of Off-trade Juice: % Value 2021-2024
- Table 65 Forecast Off-trade Sales of Juice by Category: Volume 2024-2029
- Table 66  Forecast Off-trade Sales of Juice by Category: Value 2024-2029
- Table 67  Forecast Off-trade Sales of Juice by Category: % Volume Growth 2024-2029
- Table 68  Forecast Off-trade Sales of Juice by Category: % Value Growth 2024-2029
BOTTLED WATER IN MALAYSIA
KEY DATA FINDINGS
2024 DEVELOPMENTS
- Flavoured bottled water gains popularity amid the health and wellness trend as new players enter the fray
- New products and distribution developments support the high per capita consumption of bottled water in Malaysia
- Strong tourism rebound promises growth opportunities for bottled water
PROSPECTS AND OPPORTUNITIES
- Water supply disruption ramps-up the demand for bottled water and pressure for eco-friendly packaging solutions to mitigate sustainability issues
- Population growth, a rising number of households, improving consumer purchasing power and tourists to push the consumption of bottled water
- Foodservice operators to reduce the offer of complimentary drinking water to stimulate bottled water consumption and profit margins
CATEGORY DATA
- Table 69 Off-trade Sales of Bottled Water by Category: Volume 2019-2024
- Table 70 Off-trade Sales of Bottled Water by Category: Value 2019-2024
- Table 71 Off-trade Sales of Bottled Water by Category: % Volume Growth 2019-2024
- Table 72 Off-trade Sales of Bottled Water by Category: % Value Growth 2019-2024
- Table 73 NBO Company Shares of Off-trade Bottled Water: % Volume 2020-2024
- Table 74 LBN Brand Shares of Off-trade Bottled Water: % Volume 2021-2024
- Table 75 NBO Company Shares of Off-trade Bottled Water: % Value 2020-2024
- Table 76 LBN Brand Shares of Off-trade Bottled Water: % Value 2021-2024
- Table 77 Forecast Off-trade Sales of Bottled Water by Category: Volume 2024-2029
- Table 78  Forecast Off-trade Sales of Bottled Water by Category: Value 2024-2029
- Table 79  Forecast Off-trade Sales of Bottled Water by Category: % Volume Growth 2024-2029
- Table 80  Forecast Off-trade Sales of Bottled Water by Category: % Value Growth 2024-2029
SPORTS DRINKS IN MALAYSIA
KEY DATA FINDINGS
2024 DEVELOPMENTS
- The expanding number of cafes and restaurants attached to fitness centres spur on-trade volume sales
- Repositioning aims to broaden the use and appeal of 100 Plus
- "Spend-and-Win" contests and sponsorships remain key strategies
PROSPECTS AND OPPORTUNITIES
- Malaysia's route to becoming a "Sporting Nation" by 2025 offers growth opportunities for sports drinks
- Collaboration with brand ambassadors increases brand visibility, credibility and engagement
- Players look to strengthen footholds through distribution strategies
CATEGORY DATA
- Table 81 Off-trade Sales of Sports Drinks: Volume 2019-2024
- Table 82 Off-trade Sales of Sports Drinks: Value 2019-2024
- Table 83 Off-trade Sales of Sports Drinks: % Volume Growth 2019-2024
- Table 84 Off-trade Sales of Sports Drinks: % Value Growth 2019-2024
- Table 85 NBO Company Shares of Off-trade Sports Drinks: % Volume 2020-2024
- Table 86 LBN Brand Shares of Off-trade Sports Drinks: % Volume 2021-2024
- Table 87 NBO Company Shares of Off-trade Sports Drinks: % Value 2020-2024
- Table 88 LBN Brand Shares of Off-trade Sports Drinks: % Value 2021-2024
- Table 89 Forecast Off-trade Sales of Sports Drinks: Volume 2024-2029
- Table 90  Forecast Off-trade Sales of Sports Drinks: Value 2024-2029
- Table 91  Forecast Off-trade Sales of Sports Drinks: % Volume Growth 2024-2029
- Table 92  Forecast Off-trade Sales of Sports Drinks: % Value Growth 2024-2029
ENERGY DRINKS IN MALAYSIA
KEY DATA FINDINGS
2024 DEVELOPMENTS
- New product development and innovation are key competitive tools for energy drinks
- Strong partnerships reinforce brand positioning and visibility
- Halal certification to ease doubts among the Muslim-majority population
PROSPECTS AND OPPORTUNITIES
- Urbanisation effects to foster a demand for energy-boosting products
- Interactive marketing campaigns to create customer engagement and propel demand
- Players to shift distribution to improve competitiveness
CATEGORY DATA
- Table 93 Off-trade Sales of Energy Drinks: Volume 2019-2024
- Table 94 Off-trade Sales of Energy Drinks: Value 2019-2024
- Table 95 Off-trade Sales of Energy Drinks: % Volume Growth 2019-2024
- Table 96 Off-trade Sales of Energy Drinks: % Value Growth 2019-2024
- Table 97 NBO Company Shares of Off-trade Energy Drinks: % Volume 2020-2024
- Table 98 LBN Brand Shares of Off-trade Energy Drinks: % Volume 2021-2024
- Table 99 NBO Company Shares of Off-trade Energy Drinks: % Value 2020-2024
- Table 100 LBN Brand Shares of Off-trade Energy Drinks: % Value 2021-2024
- Table 101 Forecast Off-trade Sales of Energy Drinks: Volume 2024-2029
- Table 102  Forecast Off-trade Sales of Energy Drinks: Value 2024-2029
- Table 103  Forecast Off-trade Sales of Energy Drinks: % Volume Growth 2024-2029
- Table 104  Forecast Off-trade Sales of Energy Drinks: % Value Growth 2024-2029
CONCENTRATES IN MALAYSIA
KEY DATA FINDINGS
2024 DEVELOPMENTS
- The rise of alternatives undermines powder concentrates while liquid concentrates maintains momentum
- Low shelf visibility, low demand and weak new product development limit growth potential in 2024
- Brands with strong positioning consolidate their leadership
PROSPECTS AND OPPORTUNITIES
- Brand collaboration is an effective marketing strategy to broaden audience reach
- Slowing off-trade (RTD) volume growth is set to prompt a refocus of distribution strategies
- Reduced sugar or sugar-free options may see increased visibility and demand in light of the sugar tax
CATEGORY DATA
- Concentrates Conversions
- Summary 2       Concentrates Conversion Factors for Ready-to-Drink (RTD) Format
- Table 105 Off-trade Sales of Concentrates (RTD) by Category: Volume 2019-2024
- Table 106 Off-trade Sales of Concentrates (RTD) by Category: % Volume Growth 2019-2024
- Table 107 Off-trade Sales of Concentrates by Category: Value 2019-2024
- Table 108 Off-trade Sales of Concentrates by Category: % Value Growth 2019-2024
- Table 109 LBN Brand Shares of Off-trade Concentrates (RTD): % Volume 2021-2024
- Table 110 NBO Company Shares of Off-trade Concentrates: % Value 2020-2024
- Table 111 LBN Brand Shares of Off-trade Concentrates: % Value 2021-2024
- Table 112 NBO Company Shares of Off-trade Liquid Concentrates (RTD): % Volume 2020-2024
- Table 113 LBN Brand Shares of Off-trade Liquid Concentrates (RTD): % Volume 2021-2024
- Table 114  NBO Company Shares of Off-trade Powder Concentrates (RTD): % Volume 2020-2024
- Table 115  LBN Brand Shares of Off-trade Powder Concentrates (RTD): % Volume 2021-2024
- Table 116  Forecast Off-trade Sales of Concentrates (RTD) by Category: Volume 2024-2029
- Table 117  Forecast Off-trade Sales of Concentrates (RTD) by Category: % Volume Growth 2024-2029
- Table 118  Forecast Off-trade Sales of Concentrates by Category: Value 2024-2029
- Table 119  Forecast Off-trade Sales of Concentrates by Category: % Value Growth 2024-2029
RTD TEA IN MALAYSIA
KEY DATA FINDINGS
2024 DEVELOPMENTS
- RTD tea enjoys strong volume growth in the on-trade channel amid foodservice and tourism flow recoveries
- Fresh, limited edition packages and rebranding offer brand refreshes and revitalise consumer interest
- Innovative collaborations to expand market reach
PROSPECTS AND OPPORTUNITIES
- Reduced sugar to outpace regular in off- and on-trade volume growth terms in still RTD tea
- Players to engage in collaborations to boost brand visibility and push purchases
- Digital marketing and new product development offer essential competitive tools
CATEGORY DATA
- Table 120 Off-trade Sales of RTD Tea by Category: Volume 2019-2024
- Table 121 Off-trade Sales of RTD Tea by Category: Value 2019-2024
- Table 122 Off-trade Sales of RTD Tea by Category: % Volume Growth 2019-2024
- Table 123 Off-trade Sales of RTD Tea by Category: % Value Growth 2019-2024
- Table 124 Leading Flavours for Off-trade RTD Tea: % Volume 2019-2024
- Table 125 NBO Company Shares of Off-trade RTD Tea: % Volume 2020-2024
- Table 126 LBN Brand Shares of Off-trade RTD Tea: % Volume 2021-2024
- Table 127 NBO Company Shares of Off-trade RTD Tea: % Value 2020-2024
- Table 128 LBN Brand Shares of Off-trade RTD Tea: % Value 2021-2024
- Table 129  Forecast Off-trade Sales of RTD Tea by Category: Volume 2024-2029
- Table 130  Forecast Off-trade Sales of RTD Tea by Category: Value 2024-2029
- Table 131  Forecast Off-trade Sales of RTD Tea by Category: % Volume Growth 2024-2029
- Table 132  Forecast Off-trade Sales of RTD Tea by Category: % Value Growth 2024-2029
RTD COFFEE IN MALAYSIA
KEY DATA FINDINGS
2024 DEVELOPMENTS
- Greater appreciation of quality and taste in coffee limits RTD coffee's volume growth potential
- Packaging refreshes, product reformulation and unique marketing campaigns keep consumers engaged
- Digital marketing is key to consumer engagement and audience reach
PROSPECTS AND OPPORTUNITIES
- New entrants may add dynamism yet saturate the competitive landscape of RTD coffee
- New product developments to continue to spark excitement among consumers
- Etika Beverages at the forefront of a focus on convenience distribution and marketing
CATEGORY DATA
- Table 133 Off-trade Sales of RTD Coffee: Volume 2019-2024
- Table 134 Off-trade Sales of RTD Coffee: Value 2019-2024
- Table 135 Off-trade Sales of RTD Coffee: % Volume Growth 2019-2024
- Table 136 Off-trade Sales of RTD Coffee: % Value Growth 2019-2024
- Table 137 NBO Company Shares of Off-trade RTD Coffee: % Volume 2020-2024
- Table 138 LBN Brand Shares of Off-trade RTD Coffee: % Volume 2021-2024
- Table 139 NBO Company Shares of Off-trade RTD Coffee: % Value 2020-2024
- Table 140 LBN Brand Shares of Off-trade RTD Coffee: % Value 2021-2024
- Table 141 Forecast Off-trade Sales of RTD Coffee: Volume 2024-2029
- Table 142  Forecast Off-trade Sales of RTD Coffee: Value 2024-2029
- Table 143  Forecast Off-trade Sales of RTD Coffee: % Volume Growth 2024-2029
- Table 144  Forecast Off-trade Sales of RTD Coffee: % Value Growth 2024-2029
ASIAN SPECIALITY DRINKS IN MALAYSIA
KEY DATA FINDINGS
2024 DEVELOPMENTS
- Off-trade volume sales stagnate but greater penetration boosts on-trade volume sales
- Price promotions prove an effective strategy to stimulate interest and large purchases
- Marketing efforts and product innovation are key ways to gain a competitive edge
PROSPECTS AND OPPORTUNITIES
- Players may redirect their focus to other soft drinks or the on-trade channel
- Strong collaboration with retailers to secure strategic product placement and higher visibility
- Growing interest in healthier beverages presents growth opportunities for Asian speciality drinks
CATEGORY DATA
- Table 145 Off-trade Sales of Asian Speciality Drinks: Volume 2019-2024
- Table 146 Off-trade Sales of Asian Speciality Drinks: Value 2019-2024
- Table 147 Off-trade Sales of Asian Speciality Drinks: % Volume Growth 2019-2024
- Table 148 Off-trade Sales of Asian Speciality Drinks: % Value Growth 2019-2024
- Table 149 NBO Company Shares of Off-trade Asian Speciality Drinks: % Volume 2020-2024
- Table 150 LBN Brand Shares of Off-trade Asian Speciality Drinks: % Volume 2021-2024
- Table 151 NBO Company Shares of Off-trade Asian Speciality Drinks: % Value 2020-2024
- Table 152 LBN Brand Shares of Off-trade Asian Speciality Drinks: % Value 2021-2024
- Table 153 Forecast Off-trade Sales of Asian Speciality Drinks: Volume 2024-2029
- Table 154  Forecast Off-trade Sales of Asian Speciality Drinks: Value 2024-2029
- Table 155  Forecast Off-trade Sales of Asian Speciality Drinks: % Volume Growth 2024-2029
- Table 156  Forecast Off-trade Sales of Asian Speciality Drinks: % Value Growth 2024-2029