Category: Alcoholic Beverages
Asia Alcoholic Beverages
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Pakistan Alcoholic Drinks
... Pakistan, with only beer and spirits significant enough to show in the data. Both these categories are driven by Westernisation trends, with high-end products perceived as status symbols. On the other hand, wine, cider/perry, and ... Read More
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Pakistan Spirits
... Pakistan, due to the country’s stringent restrictions and licensing regulations. Euromonitor International's Spirits in Pakistan report offers a comprehensive guide to the size and shape of the market at a national level. It provides the ... Read More
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Georgia Spirits
... with distinct preferences observed between regions and urban areas. While home-made wine continued to be favoured in rural regions, consumers in cities displayed a preference for spirits. The active expansion of modern retail outlets played ... Read More
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Hong Kong, China Cider/Perry
... sustained openings of on-trade outlets led to a marginal increase through this channel, as drinkers eagerly returned to bars and clubs to socialise. While local consumers enjoy other alcoholic drinks such as spirits and beer, ... Read More
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Bangladesh Alcoholic Drinks
... have seen more locals adopting the habit despite traditional and religious prohibitions. However, the future poses challenges for importers, retailers, and manufacturers due to political unrest and a slowing economy. Political instability may restrict drinking ... Read More
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Hong Kong, China Alcoholic Drinks
... previous year’s estimates, impacted by a sluggish local economy. Despite this challenge, sales continued to rise following the removal of travel restrictions and the number of events that Hong Kong hosted during the year, attracting ... Read More
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Cambodia Alcoholic Drinks
... spent around USD2.3 billion on beer in 2023. Meanwhile, the country's GDP grew by 5%, supported by stable domestic politics, tourism recovery, increased investments, beneficial free trade agreements, and a robust banking system. Alcoholic drinks ... Read More
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Hong Kong, China Spirits
... hosted and public festivals, concerts, and events helped to drive up demand. Both on-trade and off-trade outlets witnessed an upturn as the city gradually returned to normal after reopening, with traditionally popular spirits such as ... Read More
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Georgia Alcoholic Drinks
... inflation and a stable exchange rate contributed to the prevention of significant price growth in alcoholic drinks. Euromonitor International's Alcoholic Drinks in Georgia report offers a comprehensive guide to the size and shape of the ... Read More
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Vietnam Alcoholic Drinks
... to the elevated rate of inflation, which impacted household spending. With prices continuing to rise, many consumers, especially those in the lower-income segment, opted to cut back on non-essentials in order to save money. Growth ... Read More
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Vietnam Cider/Perry
... its low ABV, its higher unit price compared to beer is a significant disadvantage when it comes to consumer trial. Nevertheless, the category witnessed a strong performance in volume terms in 2023, despite the inflationary ... Read More
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Vietnam Spirits
... elevated rate of inflation, which forced many consumers to cut back on discretionary spending in order to save money. With the bulk of volume sales within the category accounted for by local white spirits, which ... Read More
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The Philippines Alcoholic Drinks
... on consumer spending. Indeed, the country finished with year with a GDP growth rate of 5.6%, which exceeded that of other major Asian economies, including China, Vietnam and Malaysia. Euromonitor International's Alcoholic Drinks in Philippines ... Read More
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South Korea Alcoholic Drinks
... by significant consumer cost burden due to inflation. This economic pressure curtailed the anticipated recovery of the on-trade channel, minimising growth and contributing to a challenging year overall for alcoholic drinks. Meanwhile, despite seeing another ... Read More
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The Philippines Spirits
... and rum remained the most important product areas in spirits, with both seeing an improved performance, when compared to the previous year. With varieties that appeal to price-conscious consumers, as well as those looking for ... Read More
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South Korea Spirits
... Generation Z of legal drinking age, and Millennials, characterised by their tendency for adventurous and experiential purchases. This trend has been particularly prominent in the realm of whisky-based beverages, such as highballs, which in 2023 ... Read More
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The Philippines Cider/Perry
... beer and RTDs, which have a more established distribution, as well as a much broader consumer base. Nonetheless, a gradually improving economy, coupled with an increase in tourism, fostered a favourable environment for cider/perry, particularly ... Read More
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Japan Cider/Perry
... prefectures in 2022, the return to pre-pandemic lifestyles had been gradual. However, with the reclassification of COVID-19 to a class five infectious disease in May 2023, akin to seasonal flu, and the shift in infection ... Read More
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Japan Alcoholic Drinks
... robust rebound as Japan began to move past the COVID-19 pandemic. In May 2023, COVID-19 was reclassified to level five by the government, the same as seasonal influenza, which significantly altered how the disease was ... Read More
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China Cider/Perry
... rates exceeding 20%. The strong growth of cider/perry can mainly be attributed to its low alcohol content, which has become increasingly favoured by Chinese consumers, who have heightened health awareness following the pandemic. High alcohol ... Read More
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China Spirits
... of Chinese spirits. Although the lifting of restrictions post-pandemic positively influenced the frequency of alcoholic drinks consumption, changes in consumer habits and concerns about health led to reduced interest in traditional Chinese spirits amongst Chinese ... Read More
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China Alcoholic Drinks
... slight decrease in volume sales, while the on-trade channel saw a low single-digit volume increase. The growth trend was mainly driven by consumers venturing out of their homes as pandemic control measures ended in China, ... Read More
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Japan Spirits
... the pandemic, there was a surge in the home consumption of whiskies, while demand in the on-trade saw a significant decline. However, in 2023 whiskies saw double-digit total volume growth, with growth for both channels. ... Read More
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Asia Pacific Flavored Alcohol Market Size study, by Type (Whiskey, Rum, Vodka, Tequila, Gin, Others), by Flavor (Herbs & Spices, Fruits, Nuts & Seeds, Others), By Distribution Channel (Supermarket/Hypermarket, Specialty Retailers, Convenience Stores, E-Co
... and Country Forecasts 2022-2032 Asia Pacific Flavored Alcohol Market is valued approximately at USD 6.10 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 17.02% over the forecast ... Read More
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Irish Whiskey Market, By Product Type (Single Malt, Single Grain, Pot Still, and Blended), By Distribution Channel (Specialty Stores, Hypermarkets & Supermarkets, Duty-free Stores, Restaurants & Bars, Online, and Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)
... America, Europe, Asia Pacific, Middle East & Africa) The global Irish whiskey market has witnessed robust growth in the last few years, driven by rising demand for premium and craft Irish whiskeys across major markets ... Read More
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