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Global Club Soda Market Size, Share, Forecast: By Packaging: Cans, Glass Bottles, Plastic Bottles; By Distribution Channel: Hypermarkets/Supermarkets, Speciality Stores, Convenience Stores, Online Stores, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2023-2028
Global Club Soda Market Outlook
The global club soda market size reached approximately USD 12.24 billion in 2022. The market is further projected to grow at a CAGR of 5.7% between 2023 and 2028, reaching a value of USD 16.99 billion by 2028.
Key Trends in the Market
Club soda is artificially carbonated water that contains potassium sulphate, potassium citrate, sodium bicarbonate, and potassium bicarbonate. It is commonly used as a drink mixer for cocktails, including fall and winter cocktails as the bubbly beverage provides a mild salty taste.
- The rising consumption of cocktails in various regions around the globe owing to their unique and flavourful nature along with their availability in various customisations to suit individual tastes is aiding the club soda market growth. The rising popularity of craft and artisanal cocktails due to the increasing presence of mixologists across various social media platforms is further boosting the utilisation of club soda.
- The demand for environmentally sustainable packaging for club soda is rising due to increasing environment consciousness. The consumers prefer brands that utilise recyclable and environmentally friendly materials so as to reduce the production of harmful wastes, supporting the market growth.
- The increased availability of club soda across various distribution channels including convenience stores, speciality stores, hyper and supermarkets, and online stores, among others, coupled with adoption of aggressive promotional strategies by the key players of the market is bolstering the market expansion.
Global Club Soda Market Analysis
On the basis of packaging, the market is divided into cans, glass bottles, and plastic bottles. Based on distribution channels, the market is classified into hypermarkets/ supermarkets, speciality stores, convenience stores, and online stores, among others. On the basis of region, the club soda market segmentation includes North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
- The Coca-Cola Company
- Keurig Dr Pepper, Inc.
- East Imperial Beverages Corporation
- Fevertree Limited
- Polar Beverages Inc.
- White Rock Company
- Faygo Beverages, Inc.
- The Kroger Co.
- Bisleri International Pvt. Ltd.
- Others
Market Share by Packaging
Cans are expected to account for a significant club soda market share in the coming years. This growth can be attributed to their cost efficient and easy to handle nature. Moreover, aluminium cans contain significant recycled content, are cheaper to manufacture, and have a smaller carbon footprint as compared to glass bottles, while offering superior protection against oxygen contamination and ultraviolet light. Club soda cans are also preferred by various business owners as they reduce the package weight, resulting in decreased transportation and shipping costs.
Market Share by Region
North America is anticipated to account for a significant share of market over the forecast period owing to rising consumption of refreshing and calorie free beverages due to growing health awareness among the regional population. Increasing product innovations by manufacturers along with exploration of unique packaging styles and novel flavours are further boosting the club soda market demand. Rising consumption of customised beverages, as they allow consumers to enjoy drinks catered to their personal flavour profile and preferences is also increasing the utilisation of club soda in North America.
Competitive Landscape
The Coca-Cola Company, headquartered in Georgia, United States, is a beverage company that offers over five hundred brands. The product portfolio of the company includes green tea, soy-based beverages, juices, and club soda, among others.
Keurig Dr Pepper, Inc., headquartered in Massachusetts, United States, is one of the leading distributors and producers of cold and hot beverages. The brand portfolio of the company includes Core, Snapple, Dr Pepper, and Canada Dry, among others.
Fevertree Limited, headquartered in London, England, is a beverage manufacturing company that was founded in 2003. The company offers ginger ale, sparkling lemon water, Mediterranean tonic water, club soda, and quinine tonic water.
Other club soda market key players include East Imperial Beverages Corporation, Polar Beverages Inc., White Rock Company, Faygo Beverages, Inc., The Kroger Co., and Bisleri International Pvt. Ltd., among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Packaging |
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| Breakup by Distribution Channel |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Club Soda Market Analysis
8.1 Key Industry Highlights
8.2 Global Club Soda Historical Market (2018-2022)
8.3 Global Club Soda Market Forecast (2023-2028)
8.4 Global Club Soda Market by Packaging
8.4.1 Cans
8.4.1.1 Historical Trend (2018-2022)
8.4.1.2 Forecast Trend (2023-2028)
8.4.2 Glass Bottles
8.4.2.1 Historical Trend (2018-2022)
8.4.2.2 Forecast Trend (2023-2028)
8.4.3 Plastic Bottles
8.4.3.1 Historical Trend (2018-2022)
8.4.3.2 Forecast Trend (2023-2028)
8.5 Global Club Soda Market by Distribution Channel
8.5.1 Hypermarkets/Supermarkets
8.5.1.1 Historical Trend (2018-2022)
8.5.1.2 Forecast Trend (2023-2028)
8.5.2 Speciality Stores
8.5.2.1 Historical Trend (2018-2022)
8.5.2.2 Forecast Trend (2023-2028)
8.5.3 Convenience Stores
8.5.3.1 Historical Trend (2018-2022)
8.5.3.2 Forecast Trend (2023-2028)
8.5.4 Online Stores
8.5.4.1 Historical Trend (2018-2022)
8.5.4.2 Forecast Trend (2023-2028)
8.5.5 Others
8.6 Global Club Soda Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2022)
8.6.1.2 Forecast Trend (2023-2028)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2022)
8.6.2.2 Forecast Trend (2023-2028)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2022)
8.6.3.2 Forecast Trend (2023-2028)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2022)
8.6.4.2 Forecast Trend (2023-2028)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2022)
8.6.5.2 Forecast Trend (2023-2028)
9 North America Club Soda Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
10 Europe Club Soda Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 France
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Club Soda Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 India
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Historical Trend (2018-2022)
11.4.2 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Historical Trend (2018-2022)
11.5.2 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Club Soda Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Club Soda Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 The Coca-Cola Company
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Keurig Dr Pepper, Inc.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 East Imperial Beverages Corporation
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Fevertree Limited
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Polar Beverages Inc.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 White Rock Company
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Faygo Beverages, Inc.
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 The Kroger Co.
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Bisleri International Pvt. Ltd.
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Club Soda Market: Key Industry Highlights, 2018 and 2028
2. Global Club Soda Historical Market: Breakup by Packaging (USD Billion), 2018-2022
3. Global Club Soda Market Forecast: Breakup by Packaging (USD Billion), 2023-2028
4. Global Club Soda Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2022
5. Global Club Soda Market Forecast: Breakup by Distribution Channel (USD Billion), 2023-2028
6. Global Club Soda Historical Market: Breakup by Region (USD Billion), 2018-2022
7. Global Club Soda Market Forecast: Breakup by Region (USD Billion), 2023-2028
8. North America Club Soda Historical Market: Breakup by Country (USD Billion), 2018-2022
9. North America Club Soda Market Forecast: Breakup by Country (USD Billion), 2023-2028
10. Europe Club Soda Historical Market: Breakup by Country (USD Billion), 2018-2022
11. Europe Club Soda Market Forecast: Breakup by Country (USD Billion), 2023-2028
12. Asia Pacific Club Soda Historical Market: Breakup by Country (USD Billion), 2018-2022
13. Asia Pacific Club Soda Market Forecast: Breakup by Country (USD Billion), 2023-2028
14. Latin America Club Soda Historical Market: Breakup by Country (USD Billion), 2018-2022
15. Latin America Club Soda Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Middle East and Africa Club Soda Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Middle East and Africa Club Soda Market Forecast: Breakup by Country (USD Billion), 2023-2028
18. Global Club Soda Market Structure
Key Questions Answered in the Report
The market reached a value of approximately USD 12.24 billion in 2022.
The market is projected to grow at a CAGR of 5.7% between 2023 and 2028.
The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach USD 16.99 billion by 2028.
The major market drivers include packaging innovations and utilisation of environmentally friendly materials and rising consumption of cocktails and beverages derived from club soda.
The key trends fuelling the growth of the market include introduction of novel flavours and increased availability of club soda across various distribution channels.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The packaging available in the market include cans, glass bottles, and plastic bottles.
The key players in the market are The Coca-Cola Company, Keurig Dr Pepper, Inc., East Imperial Beverages Corporation, Fevertree Limited, Polar Beverages Inc., White Rock Company, Faygo Beverages, Inc., The Kroger Co., and Bisleri International Pvt. Ltd., among others.
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