Forecasted to grow at a moderate pace, the Thailand wine market size is expected to reach USD 1,844.7 million by 2029, up from USD 1,222.3 million in 2023, resulting in a CAGR of 7.1%. In Thailand, the wine market is evolving rapidly due to a growing middle class and increased exposure to global lifestyle trends. Wine is increasingly viewed as a sophisticated beverage, particularly among younger consumers and professionals in urban centers. Additionally, the expanding retail infrastructure, including wine shops and online platforms, has improved access to both domestic and imported wines. Wine consumption is also being influenced by the growing popularity of wine tourism, with Thai consumers gaining greater exposure to wine regions abroad.
This report provides a thorough assessment of the Thailand wine industry, presenting key market data including historical performance, growth trends, and future outlooks. It delves into various market segments and sub-segments, with a focus on important factors like product type, pricing, packaging and distribution channel. Through this detailed assessment, the report helps uncover the growth potential of the wine industry.
Market Segmentation
The Thailand wine market is categorized into the following segments:
Product type: fortified wine, non-grape wine, sparkling wine (champagne, others), still wine (still red wine, still rosé wine, still white wine)
Pricing: mass, mid-priced, premium
Packaging: glass, metal, others
Distribution channel: convenience stores, supermarkets and hypermarkets, food and drinks stores, grocery stores, bars and HoReCa, others
The Thailand wine market is categorized by product type, pricing, packaging and distribution channel. By product type, the market is categorized into fortified wine, non-grape wine, sparkling wine (champagne, others), and still wine (still red wine, still rosé wine, still white wine). Pricing segmentation includes mass, mid-priced, and premium. Packaging segments encompass glass, metal, and others. Distribution channel segmentation includes convenience stores, supermarkets and hypermarkets, food and drinks stores, grocery stores, bars and HoReCa, and others.
Competitive Landscape
Prominent companies operating within the market comprise Wine & Spirit Trading Co. Ltd., Treasury Wine Estates Limited, Siam Winery Co. Ltd., Pernod Ricard Group, PB Valley Khao Yai Winery, LVMH Moet Hennessy Louis Vuitton SA (LVMH), Granmonte Co. Ltd., Canevel Spumanti S.p.a, C.P.K. PLantation Co. Ltd., Bacardi Limited, Ambrose Wine Limited and Accolade Wines Limited.
This comprehensive report analyzes the performance of leading companies in the wine sector from 2019 to 2023. The findings highlight shifts in market share, revealing both established market leaders and emerging competitors.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Thailand wine market.
Gain in-depth analysis and forecasts for the key segments of the Thailand wine market: product type, pricing, packaging and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Thailand wine market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Thailand wine 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
Thailand Wine Market – Product Type Analysis
Thailand Wine Market – Pricing Analysis
Thailand Wine Market – Packaging Analysis
Thailand Wine Market – Distribution Channel Analysis
Key Players and Market Share
– Wine & Spirit Trading Co., Ltd.
– Treasury Wine Estates Limited
– Siam Winery Co., Ltd.
– Pernod Ricard Group
– PB Valley Khao Yai Winery
– LVMH Moet Hennessy Louis Vuitton SA (LVMH)
– Granmonte Co., Ltd.
– Canevel Spumanti S.p.a
– C.P.K. PLantation Co., Ltd.
…
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Thailand Wine Market 2019-2029
Chart Thailand Wine Market, Net Growth, 2019-2029
Chart Thailand Wine Market, Growth Rates, 2019-2029
Table Thailand Wine Market by Product Type, 2019-2029
Chart Thailand Wine Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Thailand Wine Market by Product Type, 2019-2029
Table Thailand Wine Market by Pricing, 2019-2029
Chart Thailand Wine Market by Pricing, CAGR Historic and Forecast, 2019-2029
Chart Thailand Wine Market by Pricing, 2019-2029
Table Thailand Wine Market by Packaging, 2019-2029
Chart Thailand Wine Market by Packaging, CAGR Historic and Forecast, 2019-2029
Chart Thailand Wine Market by Packaging, 2019-2029
Table Thailand Wine Market by Distribution Channel, 2019-2029
Chart Thailand Wine Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Thailand Wine Market by Distribution Channel, 2019-2029
Table Thailand Wine Market Share (%), by Companies, 2019-2023
Chart Thailand Wine Market, by Companies, 2023
Table Thailand Wine Market Share (%), by Brands, 2019-2023
Chart Thailand Wine Market, by Brands, 2023
Table Thailand – Population (Millions) and Forecast
Table Thailand – Consumer Price Index (CPI) and Forecast
Table Thailand – Gross Domestic Product and Forecast
Table Thailand Wine Market: Spend as a Proportion of GDP (%)
Table Thailand Wine Market: Consumption per Capita (Population)
Companies Mentioned
Wine & Spirit Trading Co., Ltd.
Treasury Wine Estates Limited
Siam Winery Co., Ltd.
Pernod Ricard Group
PB Valley Khao Yai Winery
LVMH Moet Hennessy Louis Vuitton SA (LVMH)
Granmonte Co., Ltd.
Canevel Spumanti S.p.a
C.P.K. PLantation Co., Ltd.
Bacardi Limited
Ambrose Wine Limited
Accolade Wines Limited