Coca-Cola Loses Market Share in India Due to Rising Aluminum and PET Costs, Supply Shortages

Published: Jul 29, 2026 10:03 (GMT+8)
[SMM Aluminum Express News] Coca-Cola said rising aluminum and PET resin costs contributed to a loss of market share in India during the second quarter, as higher packaging costs and gaps in its mid-priced packaging portfolio affected competitiveness. The company said aluminum and PET prices increased more than expected, while shortages of aluminum cans also disrupted product availability in the market. The company is responding by adjusting prices, sourcing larger aluminum cans from Southeast Asia, and expanding packaging options to recover market share. Coca-Cola said it remains optimistic about long-term growth in India despite the recent cost pressures and supply chain disruptions.

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