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Alcoholic DrinksAustralia Spirits Market 2024
$325 Add to cartInsights reveal that the Australia spirits market is set for a healthy expansion, with an anticipated growth of USD 4.5 billion, corresponding to a compound annual growth rate (CAGR) of nearly 8.6% from 2024 to 2029. Australia’s spirits market is being driven by a combination of premiumization and innovation in the craft spirits segment. Austra…
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Alcoholic Drinks
Vietnam Spirits Market 2024
$275 Add to cartThe Vietnam spirits market is poised for remarkable growth, forecasted to jump from USD 906.8 million in 2023 to USD 1,770.8 million by 2029, reflecting a CAGR of 11.8% throughout the evaluation period. Vietnam’s spirits market is growing rapidly, spurred by an expanding middle class and rising disposable income. Whiskey, beer, and local spirits such a…
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Uzbekistan Spirits Market 2024
$275 Add to cartForecasted to grow at a moderate pace, the Uzbekistan spirits market size is expected to reach USD 1,686.6 million by 2029, up from USD 1,033.8 million in 2023, resulting in a CAGR of 8.5%. Uzbekistan’s spirits market is evolving with a growing interest in premium products driven by a rising middle class and increasing exposu…
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Thailand Spirits Market 2024
$275 Add to cartAn incremental growth of USD 1.3 billion is forecasted for the Thailand spirits market, which is likely to experience a CAGR of roughly 3.5% between 2024 and 2029. Thailand’s spirits market is experiencing growth due to the country’s vibrant tourism sector and the increasing number of urban, middle-class consumers. Whiskey, rum, and vodka dominate the ma…
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Taiwan Spirits Market 2024
$325 Add to cartAnticipated market conditions suggest a decrease of USD 0.0 billion in the Taiwan spirits sector by 2029, corresponding to a compound annual growth rate (CAGR) of -0.3%. Taiwan’s spirits market, once buoyed by a growing appreciation for international whiskey and craft spirits, is now facing challenges that could lead to a slowdown in the near f…
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South Korea Spirits Market 2024
$275 Add to cartThe South Korea spirits sector is poised for a dynamic growth phase, anticipating an increase of USD 4.6 billion and a compound annual growth rate (CAGR) of approximately 5.4% from 2024 to 2029. In South Korea, the spirits market is being propelled by the increasing popularity of Western-style spirits, particularly whiskey, vodka, and gin, which…
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Singapore Spirits Market 2024
$325 Add to cartThe Singapore spirits market is poised for slight advancement, with expectations of rising from USD 1,763.7 million in 2023 to USD 2,206.0 million by 2029, capturing a CAGR of 3.8% during the forecast period. Singapore’s spirits market is fueled by a high-income, cosmopolitan population and a growing affinity for premium products. The city-state’s vibrant nightl…
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Philippines Spirits Market 2024
$275 Add to cartThe Philippines spirits market is anticipated to witness significant growth, with an expected uptick of USD 1.9 billion, equating to a compound annual growth rate (CAGR) of about 7.7% in the coming years. The spirits market in the Philippines is buoyed by a strong cultural affinity for alcohol, particularly rum and whiskey. The growth of the…
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Pakistan Spirits Market 2024
$275 Add to cartThe Pakistan spirits market is projected to grow swiftly, with a USD 203.5 million increase in market size and a compound annual growth rate (CAGR) close to 12.8%, driven by heightened demand and innovation. Pakistan’s spirits market faces challenges due to the country’s strict alcohol regulations, but demand for illicit alcohol remains high, particularly in urb…
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Malaysia Spirits Market 2024
$325 Add to cartForecasted to grow at a moderate pace, the Malaysia spirits market size is expected to reach USD 1,308.9 million by 2029, up from USD 742.9 million in 2023, resulting in a CAGR of 9.9%. In Malaysia, the spirits market is experiencing growth driven by a rising middle class and a greater appreciation for international alcoho…
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Kazakhstan Spirits Market 2024
$275 Add to cartInsights reveal that the Kazakhstan spirits market is set for a healthy expansion, with an anticipated growth of USD 1.4 billion, corresponding to a compound annual growth rate (CAGR) of nearly 9% from 2024 to 2029. Kazakhstan’s spirits market is being supported by a combination of traditional consumption patterns and growing interest in Western bevera…
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Alcoholic Drinks
Japan Spirits Market 2024
$325 Add to cartThe Japan spirits market is on track for incremental growth of USD 1.7 billion, corresponding to a compound annual growth rate (CAGR) of nearly 1.5% throughout the forecast period of 2024 to 2029. In Japan, the spirits market is being driven by increasing interest in premium whisky and craft spirits, particularly gin and rum. Japan…
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