Asia Pacific Soda Maker Market

Asia Pacific Soda Maker Market Size, Share & Industry Trends Analysis Report By Type (Manual, and Electric), By Distribution Channel (Offline, and Online), By Country and Growth Forecast, 2023 - 2030

Report Id: KBV-18752 Publication Date: November-2023 Number of Pages: 100
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Analysis of Market Size & Trends

The Asia Pacific Soda Maker Market would witness market growth of 8.0% CAGR during the forecast period (2023-2030). In the year 2021, the Asia Pacific market's volume surged to 2,373.1 thousand units, showcasing a growth of 7.6% (2019-2022).

Consumers' growing emphasis on health and wellness has led to a surge in demand for soda makers that cater to this trend. Manufacturers are responding by introducing models designed to carbonate healthier beverages, such as infused water, herbal teas, and low-sugar options. The quest for intriguing and distinct flavors has resulted in the development a diverse range of syrups, concentrates, and flavorings for the devices. These offerings include natural and organic options, providing consumers with the opportunity to craft their distinctive creations. The integration of smart technology into the device is a notable trend. This technology allows users to control and monitor the devices through smartphone apps, customize carbonation levels with precision, and even reorder supplies automatically when needed.

Soda makers initially gained popularity as a way for consumers to recreate their favorite carbonated beverages, such as cola, lemon-lime soda, or tonic water, at home. This trend has allowed individuals to enjoy the effervescence and flavors they love, all while reducing their reliance on single-use plastic bottles and contributing to an eco-friendly lifestyle. However, the utility of these devices extends far beyond traditional soda. The market has witnessed a surge in the use of devices to carbonate water for other drinks like cocktails, mocktails, and flavored water. The ability to adjust carbonation levels empowers users to customize their beverages, giving them the control to create refreshingly bubbly drinks according to their preferences.

Soda makers encourage users in Japan to drink more water by offering a fun and appealing way to enjoy sparkling or flavored water, which can aid in hydration. Japanese consumers are increasingly aware of the negative health effects of excessive sugar intake and are turning to these devices to craft their low-sugar or sugar-free beverages. The devices allow Japanese users to customize their drinks according to their dietary needs and preferences, including gluten-free, vegan, or allergen-free options. All these factors will uplift the regional market’s expansion in coming years.

The China market dominated the Asia Pacific Soda Maker Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $114.2 Million by 2030. The Japan market is registering a CAGR of 7.3% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 8.7% during (2023 - 2030).

Based on Type, the market is segmented into Manual, and Electric. Based on Distribution Channel, the market is segmented into Offline, and Online. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

Free Valuable Insights: The Global Soda Maker Market is Predict to reach $1.4 Billion by 2030, at a CAGR of 7.1%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include SodaStream Inc. (PepsiCo, Inc.), AARKE AB (Altor Digital AB), I-Drink Products Inc (Drinkmate), Hamilton Beach Brands, Inc. (Hamilton Beach Brands Holding Company), Mysoda Oy, iSi GmbH, Drinkpod LLC, Sparkel Beverage Systems, Whirlpool Corporation and Conair LLC (American Securities LLC)

Scope of the Study

Market Segments Covered in the Report:

By Type (Volume, Thousand Units, USD Billion, 2019-30)

  • Manual
  • Electric

By Distribution Channel (Volume, Thousand Units, USD Billion, 2019-30)

  • Offline
  • Online

By Country(Volume, Thousand Units, USD Billion, 2019-30)

  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific

Key Market Players

List of Companies Profiled in the Report:

  • SodaStream Inc. (PepsiCo, Inc.)
  • AARKE AB (Altor Digital AB)
  • I-Drink Products Inc (Drinkmate)
  • Hamilton Beach Brands, Inc. (Hamilton Beach Brands Holding Company)
  • Mysoda Oy
  • iSi GmbH
  • Drinkpod LLC
  • Sparkel Beverage Systems
  • Whirlpool Corporation
  • Conair LLC (American Securities LLC)
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