- In soft drinks, PET bottles is expected to continue to dominate sales and to lead growth with a total unit volume CAGR of 5%, driven by increasing demand for soft drinks in convenient packaging.
- In hot drinks, flexible packaging is expected to be the fastest growing format and post a retail unit volume CAGR of 8% over the forecast period, with flexible aluminum/plastic is expected to account for some 98% of the overall increase in hot drinks packaging sales expected by 2021. This packaging format has also penetrated sari-sari stores, the most significant retail channel in hot drinks, with this trend not expected to change over the forecast period.
- In alcoholic drinks, packaging volume sales are projected to post a 10% decline in 2017 but increase again by about 3% year-over-year during the 2018-2021 period. Driven by the popularity of eating out in the Philippines and the demand for draft beer, kegs volume sales are projected to post a 2% CAGR through 2021. However, glass bottles will still dominate the beer category.
- Wine will remain a niche category in the Philippines, and metal screw closures are expected to grow at the expense of corks through 2021.
Disclaimer
This database attempts to compile data from numerous sources. Users should be aware that because different sources are used, there could be errors or omissions. The user accepts that the information is only intended to be an initial reference. The user understands that there is no assurance that this reference material is error free, and that no one involved in compiling or distributing this reference material shall be liable for any damages arising out of its use. Commercially important information should be rechecked and verified with knowledgeable parties in the country of interest.