Iced/rtd coffee drinks inflation in Japan stood at 17.210% in April 2023, according to GlobalData’s report on the prices of stock keeping units (SKUs) supplied through online retailers. In Q4 2023, GlobalData monitored the pricing of 55 iced/rtd coffee drinks SKUs from companies such as Costa Coffee, Georgia and Suntory that were sold by e-retailers. Buy the report here.

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Pricing is crucial, especially in a challenging economic climate, as competitive pricing and price leadership impact consumers’ choices. GlobalData’s pricing analysis reveals that Seiyu offered lowest prices of the total SKUs within the iced/rtd coffee drinks category from October through December 2023, followed by Zenplus and Costco Japan. According to the analysis, the price range of $5 and below was the most competitive, with 44 SKUs.

The chart below illustrates price leadership among the covered retailers which offer the highest number of low-priced products in the category. Of all retailers, Seiyu had greatest share of lowest prices for individual SKUs in iced/rtd coffee drinks in Japan in Q4 2023.

Analysis of the quarterly price data showed that no discounts were offered for iced/rtd coffee drinks category by the retailers tracked by GlobalData. Among variants, the tracker revealed 0% sugar and modest sweetness as the most popular (by number of SKUs) iced/rtd coffee drinks variants. These were priced 20.1% lower than the average price of a iced/rtd coffee drinks SKU.

Among the e-retailers tracked by GlobalData, the leading ones, based on the number of SKUs, were Seiyu, Zenplus, Costco Japan, and . According to the analysis, Seiyu had the lowest average unit price, while the retailer with the widest product assortment was Seiyu.

The report brings attention to the intricate pricing dynamics within the iced/rtd coffee drinks market, examining both the SKU and retailer levels, and offering invaluable insights for stakeholders. Notably, Seiyu, Zenplus and Costco Japan stood out as prominent e-retailers, providing competitive pricing for a substantial number of iced/rtd coffee drinks SKUs. However, to comprehensively grasp iced/rtd coffee drinks market in Japan, continuous tracking of SKU pricing over time is necessary.

For a more detailed analysis of pricing trends in the Japan iced/rtd coffee drinks market, buy the report here.

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