Forecasted to grow at a moderate pace, the Asia Pacific alcoholic beverages market size is expected to reach USD 1,514.1 billion by 2029, up from USD 1,072.2 billion in 2023, resulting in a CAGR of 5.9%. The Asia Pacific region is seeing rapid growth in the alcoholic beverages market, propelled by rising disposable incomes and changing lifestyles. In countries like China, India, and Japan, there is a growing demand for premium and imported alcoholic beverages, as more consumers are willing to experiment with global flavors. Additionally, the rise in social drinking, fueled by the younger demographic, combined with an increase in alcohol consumption during leisure activities, is supporting overall market growth.
The report provides a comprehensive analysis of the Asia Pacific alcoholic beverages industry, presenting detailed market data including historical market size, growth rates, and future forecasts. It offers an in-depth examination of various market categories and subcategories, with a particular focus on key factors such as product, packaging type, distribution channel and country. The insights gained from this evaluation help reveal the growth potential within the alcoholic beverages sector.
Market Segmentation
The segmentation of the Asia Pacific alcoholic beverages market is outlined below:
Product: beer, cider/perry, RTDs, spirits, wine
Packaging type: glass bottles, metal cans, others
Distribution channel: convenience stores, supermarkets and hypermarkets, food & drinks specialty stores, grocery stores, bars & HoReCa, e-commerce, others
Country: Australia, China, India, Indonesia, Japan, Philippines, South Korea, Thailand, Vietnam, others
The Asia Pacific alcoholic beverages market is segmented by product, packaging type, distribution channel and country. By product, the market is categorized into beer, cider/perry, RTDs, spirits, and wine. Packaging type segments are divided into glass bottles, metal cans, and others. Distribution channel segments cover convenience stores, supermarkets and hypermarkets, food & drinks specialty stores, grocery stores, bars & HoReCa, e-commerce, and others. Geographically, the market is segmented into Australia, China, India, Indonesia, Japan, Philippines, South Korea, Thailand, Vietnam, and others.
Competitive Landscape
Major participants in the alcoholic beverages market comprise Tsingtao Brewery Co. Ltd., Thai Beverage Public Company Limited, Tanduay Distillers Inc., Takara Holdings Inc., Suntory Holdings Limited, Shanghai Bairun Investment Holding Group Co. Ltd., Sapporo Holdings Limited, San Miguel Corporation, Radico Khaitan Limited (RKL), Pernod Ricard Group, Lotte Corporation, Kirin Holdings Co. Ltd., Khmer Beverages Co. Ltd. (KHB), Inbrew Holdings Pte. Ltd., HITEJINRO CO. LTD., Henan Jinxing Beer Group Co. Ltd., Heineken N.V., Hanoi Beer Alcohol and Beverage Joint Stock Corporation (Habeco), Guangzhou Zhujiang Brewery Co. Ltd., Diageo plc, China Resources (Holdings) Co. Ltd., Carlsberg A/S, Boon Rawd Brewery Co. Ltd., Blue Ribbon Intermediate Holdings LLC, Beijing Yanjing Beer Group Corporation, Beijing Shunxin Agriculture Company Limited, Asahi Group Holdings Ltd., Allied Blenders and Distillers Pvt. Ltd. (ABD) and AB InBev.
This report presents an extensive analysis of major entities in the alcoholic beverages market, focusing on their performance from 2019 to 2023. Findings showcase changes in market share, recognizing both long-standing leaders and new challengers.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Asia Pacific alcoholic beverages market.
Gain in-depth analysis and forecasts for the key segments of the Asia Pacific alcoholic beverages market: product, packaging type, distribution channel and country.
Gain deep insights into the dynamics of the Asia Pacific alcoholic beverages market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Asia Pacific alcoholic beverages market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
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Table of Contents
TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Asia Pacific Alcoholic Beverages Market – Product Analysis
Asia Pacific Alcoholic Beverages Market – Packaging Type Analysis
Asia Pacific Alcoholic Beverages Market – Distribution Channel Analysis
Asia Pacific Alcoholic Beverages Market – Country Analysis
Key Players and Market Share
– Tsingtao Brewery Co., Ltd.
– Thai Beverage Public Company Limited
– Tanduay Distillers, Inc.
– Takara Holdings Inc.
– Suntory Holdings Limited
– Shanghai Bairun Investment Holding Group Co., Ltd.
– Sapporo Holdings Limited
– San Miguel Corporation
– Radico Khaitan Limited (RKL)
…
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Asia Pacific Alcoholic Beverages Market 2019-2029
Chart Asia Pacific Alcoholic Beverages Market, Net Growth, 2019-2029
Chart Asia Pacific Alcoholic Beverages Market, Growth Rates, 2019-2029
Table Asia Pacific Alcoholic Beverages Market by Product, 2019-2029
Chart Asia Pacific Alcoholic Beverages Market by Product, CAGR Historic and Forecast, 2019-2029
Chart Asia Pacific Alcoholic Beverages Market by Product, 2019-2029
Table Asia Pacific Alcoholic Beverages Market by Packaging Type, 2019-2029
Chart Asia Pacific Alcoholic Beverages Market by Packaging Type, CAGR Historic and Forecast, 2019-2029
Chart Asia Pacific Alcoholic Beverages Market by Packaging Type, 2019-2029
Table Asia Pacific Alcoholic Beverages Market by Distribution Channel, 2019-2029
Chart Asia Pacific Alcoholic Beverages Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Asia Pacific Alcoholic Beverages Market by Distribution Channel, 2019-2029
Table Asia Pacific Alcoholic Beverages Market by Country, 2019-2029
Chart Asia Pacific Alcoholic Beverages Market by Country, CAGR Historic and Forecast, 2019-2029
Chart Asia Pacific Alcoholic Beverages Market by Country, 2019-2029
Table Asia Pacific Alcoholic Beverages Market Share (%), by Companies, 2019-2023
Chart Asia Pacific Alcoholic Beverages Market, by Companies, 2023
Table Asia Pacific Alcoholic Beverages Market Share (%), by Brands, 2019-2023
Chart Asia Pacific Alcoholic Beverages Market, by Brands, 2023
Table Asia Pacific – Population (Millions) and Forecast
Table Asia Pacific – Consumer Price Index (CPI) and Forecast
Table Asia Pacific – Gross Domestic Product and Forecast
Table Asia Pacific Alcoholic Beverages Market: Spend as a Proportion of GDP (%)
Table Asia Pacific Alcoholic Beverages Market: Consumption per Capita (Population)
Companies Mentioned
Tsingtao Brewery Co., Ltd.
Thai Beverage Public Company Limited
Tanduay Distillers, Inc.
Takara Holdings Inc.
Suntory Holdings Limited
Shanghai Bairun Investment Holding Group Co., Ltd.
Sapporo Holdings Limited
San Miguel Corporation
Radico Khaitan Limited (RKL)
Pernod Ricard Group
Lotte Corporation
Kirin Holdings Co., Ltd.
Khmer Beverages Co., Ltd. (KHB)
Inbrew Holdings Pte. Ltd.
HITEJINRO CO., LTD.
Henan Jinxing Beer Group Co., Ltd.
Heineken N.V.
Hanoi Beer Alcohol and Beverage Joint Stock Corporation (Habeco)
Guangzhou Zhujiang Brewery Co., Ltd.
Diageo plc
China Resources (Holdings) Co., Ltd.
Carlsberg A/S
Boon Rawd Brewery Co., Ltd.
Blue Ribbon Intermediate Holdings, LLC
Beijing Yanjing Beer Group Corporation
Beijing Shunxin Agriculture Company Limited
Asahi Group Holdings, Ltd.
Allied Blenders and Distillers Pvt. Ltd. (ABD)
AB InBev