Asia-Pacific alcoholic beverages market is estimated to grow at a CAGR of 3.6% during the forecast period. In 2018, the market in Asia-Pacific was valued at $331.6 billion and is further estimated to reach $420.0 billion in 2025. The factors contributing to the market growth include increasing demand for alcoholic beverages in emerging economies such as China and India due to their huge population base, growing consumption of alcohol by the young generation, and rising disposable income. The changing social norms and the growing acceptability of alcohol have led to high and regular alcohol consumption among people in the region.
The American and European markets are saturated; hence, alcohol manufacturer companies are looking towards Asia-Pacific and other emerging economies to expand their sales as well as to set up production facilities. Carlsberg AS, a Denmark based company is one of the major alcohol beverages manufacturers that have breweries in Malaysia, Indonesia, Thailand, Vietnam, Nepal, Hong Kong, and China that significantly contribute to the market growth.
China's alcoholic beverages market has been primarily led by the constant rise in rising in consumption of alcohol and increasing demand for premium brand alcoholic beverages in the country. The growing alcohol consumption in the country is one of the major factors that contribute to market growth. According to the WHO, China is one of the largest consumers of alcohol, with an increase in per capita consumption of 0.9 liters of pure alcohol by 2025 from 2016.
China’s alcohol industry is mainly driven due to local alcoholic beverages such as Baiju and others. Maotai is one of the most popular Baijiu brands produced in Guizhou. However, foreign spirits are limited in the spirits industry due to high import taxes, restricted distribution channels, and fierce domestic competition.
Research Methodology
The market study of the Asia-Pacific alcoholic beverages market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.
Secondary Sources Include
The report is intended for alcoholic beverages manufacturing companies, distributors and suppliers, and other related companies for overall market analysis and competitive analysis. The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation
The Report Covers
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Competitive Landscape
3.1. Company Share Analysis
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
4. Market Determinants
4.1 Motivators
4.2 Restraints
4.1. Opportunities
5. Market Segmentation
5.1. Asia-Pacific Alcoholic Beverages Market by Type
5.1.1. Beer
5.1.2. Distilled Spirit
5.1.3. Wine
5.2. Asia-Pacific Alcoholic Beverages Market by Packaging Type
5.2.1. Glass Bottles
5.2.2. Cans
5.2.3. Others (Plastic Bottles)
6. Regional Analysis
6.1. China
6.2. India
6.3. Japan
6.4. Rest of Asia-Pacific
7. Company Profiles
7.1. Asahi Group Holdings, Ltd.
7.2. Bundaberg Brewed Drinks Pvt. Ltd.
7.3. Kirin Holdings Co. Ltd.
7.4. Sapporo Breweries Ltd.
7.5. Suntory Holdings Ltd.
7.6. Thai Beverage PLC
7.7. Tsingtao Brewery Co. Ltd.
7.8. United Breweries, Ltd.
7.9. United Spirits Ltd.
7.10. Wuliangye Yibin Co. Ltd.
1. ASIA-PACIFIC ALCOHOLIC BEVERAGES MARKET RESEARCH AND ANALYSIS BY TYPE, 2018-2025 ($ MILLION)
2. ASIA-PACIFIC ALCOHOLIC BEVERAGES MARKET RESEARCH AND ANALYSIS BY PACKAGING TYPE, 2018-2025 ($ MILLION)
3. ASIA-PACIFIC ALCOHOLIC BEVERAGES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
1. ASIA-PACIFIC ALCOHOLIC BEVERAGES MARKET SHARE BY TYPE, 2018 VS 2025 (%)
2. ASIA-PACIFIC ALCOHOLIC BEVERAGES MARKET SHARE BY PACKAGING TYPE, 2018 VS 2025 (%)
3. ASIA-PACIFIC ALCOHOLIC BEVERAGES MARKET SHARE BY GEOGRAPHY, 2018 VS 2025 (%)
4. CHINA ALCOHOLIC BEVERAGES MARKET SIZE, 2018-2025 ($ MILLION)
5. INDIA ALCOHOLIC BEVERAGES MARKET SIZE, 2018-2025 ($ MILLION)
6. JAPAN ALCOHOLIC BEVERAGES MARKET SIZE, 2018-2025 ($ MILLION)
7. REST OF ASIA-PACIFIC ALCOHOLIC BEVERAGES MARKET SIZE, 2018-2025 ($ MILLION)