Investor Relations

Asia Pacific

~3.3 Billion Consumers Across 37 Markets

~3.3 Billion Consumers Across 37 Markets

The Coca-Cola Company’s Asia Pacific segment features 37 markets, ~3.3 billion consumers, and an industry retail value of ~$500 billion.

At-A-Glance

~3.3 billion consumers

~$500 billion in industry retail value

~15% Reported NARTD value share

Organic Revenue Growth (Non-GAAP)

Comparable Currency Neutral Operating Income Growth (Non-GAAP)

Non-GAAP Reconciliation available in Non-GAAP Reconciliations And Supplemental Financial Information section of the website under the Financial Info Tab

Sources: Value Share: Source for industry retail value and share is internal estimates. All numbers are 2023, unless otherwise noted.
Population Source: (UN 2023). Number of consumers represent individuals > 12 years.

Key Bottlers

Swire
COFCO
Coca-Cola Bottlers Japan Holdings Inc.
Bottling Investments Group
Coca-Cola Europacific Partners

2023 Unit Case Volume by Operating Unit

2023 Unit Case Volume by Category

Value Share Position

#1

Sparkling Soft Drinks

#4

Juice, Value-Added Dairy & Plant-Based Beverages

#2

Water and Sports Drinks

#4

Tea and Coffee

#5

Energy

Source: GlobalData (2023)
Energy brands are owned by Monster Beverage Corporation in which TCCC has a minority investment.

2023 Highlights

  • Gained NARTD value share in Asia Pacific through enhanced execution and aligned system priorities.
  • In our Greater China and Mongolia operating unit, Trademark Coca-Cola became the first KO trademark to reach the 1 billion unit case milestone in Mainland China while unit case volume of Minute Maid reached a ten-year high.
  • In Japan and South Korea, we won both volume and value share exemplifying the benefits of a harmonized system and once again grew net revenue across all NARTD categories and channels.
  • In India and Southwest Asia, we delivered a healthy RGM equation with currency neutral organic revenues growing ahead of transactions which grew ahead of volume by focusing on occasion-based marketing to build consumer centricity.
  • In our ASEAN and South Pacific operating unit, we achieved our highest-ever NARTD value share position while collecting and recycling two out of every five bottles sold.