The Indonesia spirits market is projected to expand significantly, increasing from USD 442.4 million in 2023 to USD 863.9 million by 2029, reflecting a robust compound annual growth rate (CAGR) of 11.8% during the forecast period. Indonesia’s spirits market is witnessing growth, driven by the younger demographic’s changing consumption habits and an increasing openness to Western lifestyles. Whiskey, vodka, and rum are gaining popularity, particularly among urbanites and professionals. The growing social acceptance of alcohol consumption and the rise of the nightlife culture, especially in larger cities, are further boosting the market. Additionally, the increasing presence of premium and international spirits brands, coupled with expanding retail and e-commerce channels, is expected to drive further market growth.
This report presents a detailed overview of the Indonesia spirits industry, including key data on historical market size, growth rates, and future trends. It offers an in-depth analysis of different market segments, paying close attention to factors like product type, category and distribution channel. This detailed analysis supports the identification of growth opportunities within the spirits industry.
Market Segmentation
The Indonesia spirits market is structured as follows:
Product type: brandy and cognac, liqueurs, rum, tequila and mezcal, whiskies, white spirits, others
Category: craft, non-craft
Distribution channel: supermarkets and hypermarkets, food and drinks stores, grocery stores, bars and HoReCa, e-commerce, others
The Indonesia market for spirits is divided based on product type, category and distribution channel. By product type, it includes brandy and cognac, liqueurs, rum, tequila and mezcal, whiskies, white spirits, and others. Category categories include craft, and non-craft. Distribution channel segmentation includes supermarkets and hypermarkets, food and drinks stores, grocery stores, bars and HoReCa, e-commerce, and others.
Competitive Landscape
The spirits market remains highly competitive, with major players including William Grant & Sons Ltd., The Edrington Group Limited, Suntory Holdings Limited, Sazerac Company Inc., Remy Cointreau Group, PT. Perindustrian Bapak Djenggot, PT. Mikalindo Bakti Cemerlang, PT. Karunia Jaya Abadi Inds, PT Sumber Sari Mekar Perkasa, PT Jobubu Jarum Minahasa Tbk, Pernod Ricard Group, Mast-Jagermeister SE, LVMH Moet Hennessy Louis Vuitton SA (LVMH), Lotte Corporation, HITEJINRO CO. LTD., Diageo plc, Brown-Forman Corporation, Becle S.A.B. de C.V. and Bacardi Limited.
The report provides a detailed assessment of prominent companies within the spirits market, tracking their performance from 2019 to 2023. Insights reveal fluctuations in market share, highlighting both veteran leaders and emerging players.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Indonesia spirits market.
Gain in-depth analysis and forecasts for the key segments of the Indonesia spirits market: product type, category and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Indonesia spirits market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Indonesia spirits 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
Indonesia Spirits Market – Product Type Analysis
Indonesia Spirits Market – Category Analysis
Indonesia Spirits Market – Distribution Channel Analysis
Key Players and Market Share
– William Grant & Sons Ltd.
– The Edrington Group Limited
– Suntory Holdings Limited
– Sazerac Company, Inc.
– Remy Cointreau Group
– PT. Perindustrian Bapak Djenggot
– PT. Mikalindo Bakti Cemerlang
– PT. Karunia Jaya Abadi Inds
– PT Sumber Sari Mekar Perkasa
…
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Indonesia Spirits Market 2019-2029
Chart Indonesia Spirits Market, Net Growth, 2019-2029
Chart Indonesia Spirits Market, Growth Rates, 2019-2029
Table Indonesia Spirits Market by Product Type, 2019-2029
Chart Indonesia Spirits Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Indonesia Spirits Market by Product Type, 2019-2029
Table Indonesia Spirits Market by Category, 2019-2029
Chart Indonesia Spirits Market by Category, CAGR Historic and Forecast, 2019-2029
Chart Indonesia Spirits Market by Category, 2019-2029
Table Indonesia Spirits Market by Distribution Channel, 2019-2029
Chart Indonesia Spirits Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Indonesia Spirits Market by Distribution Channel, 2019-2029
Table Indonesia Spirits Market Share (%), by Companies, 2019-2023
Chart Indonesia Spirits Market, by Companies, 2023
Table Indonesia Spirits Market Share (%), by Brands, 2019-2023
Chart Indonesia Spirits Market, by Brands, 2023
Table Indonesia – Population (Millions) and Forecast
Table Indonesia – Consumer Price Index (CPI) and Forecast
Table Indonesia – Gross Domestic Product and Forecast
Table Indonesia Spirits Market: Spend as a Proportion of GDP (%)
Table Indonesia Spirits Market: Consumption per Capita (Population)
Companies Mentioned
William Grant & Sons Ltd.
The Edrington Group Limited
Suntory Holdings Limited
Sazerac Company, Inc.
Remy Cointreau Group
PT. Perindustrian Bapak Djenggot
PT. Mikalindo Bakti Cemerlang
PT. Karunia Jaya Abadi Inds
PT Sumber Sari Mekar Perkasa
PT Jobubu Jarum Minahasa Tbk
Pernod Ricard Group
Mast-Jagermeister SE
LVMH Moet Hennessy Louis Vuitton SA (LVMH)
Lotte Corporation
HITEJINRO CO., LTD.
Diageo plc
Brown-Forman Corporation
Becle, S.A.B. de C.V.
Bacardi Limited