Category: Beverages
Asia Beverages
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Alcoholic Drinks in Sri Lanka
... has led many consumers to become more price sensitive and prioritise more essential products, which alcoholic drinks are not. Likewise, due to the unstable economic environment, the government has implemented import regulations which has led ... Read More
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Alcoholic Drinks in Hong Kong, China
... by social distancing measures, and with the easing of restrictions on the opening hours of bars and restaurants, a marked improvement was seen in on-trade volume sales. Combined with the continuation of retail trends seen ... Read More
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Alcoholic Drinks in Hong Kong, China
... by social distancing measures, and with the easing of restrictions on the opening hours of bars and restaurants, a marked improvement was seen in on-trade volume sales. Combined with the continuation of retail trends seen ... Read More
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Spirits in Thailand
... in production costs, shipping expenses, and packaging costs late in 2021, which eventually led to a unit price increase for the entire market. Moreover, globally, the situation was exacerbated by the impact of the Russian ... Read More
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Wine in Thailand
... habits. For example, some consumers are switching back from retail to foodservice channels, while some of them are moving from economy ranges to premium wine. This is providing a boost to value sales, with value ... Read More
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Rtds in Indonesia
... recent years. Sales of RTDs have been on a trend of general decline ever since the presidential regulation in 2015 prohibited all alcoholic drinks sales in convenience stores, with this channel having previously been key ... Read More
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Spirits in Indonesia
... more product variation available in the market in terms of new brands that have entered the market or new flavours that have been introduced by existing brands. In 2022-2023, there has also been more local ... Read More
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Rtds in Hong Kong, China
... to normal. On-trade volume sales increased in 2022, with outlets seeing a rise in footfall as the pandemic situation improved, leading more people to go out to bars and pubs for enjoyment. This led many ... Read More
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Cider/Perry in Singapore
... much of the consumption of cider/perry in Singapore was attributable to the on-trade channel. Hence, the revival of nightlife was vital to limit the on-trade decline of cider/perry, which relies largely on the social atmosphere ... Read More
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Cider/Perry in Japan
... able to operate without any restrictions. Consumers therefore started to drink outside the home again, and as a result, on-trade volume sales recorded double-digit growth, although sales were unable to return to the pre-pandemic level. ... Read More
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Alcoholic Drinks in Singapore
... March 2022, the 22.30hrs cut-off for the sale and consumption of alcohol at food and beverage outlets was lifted. This move prompted producers to focus on on-trade promotions, which encouraged diners to return to different ... Read More
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Alcoholic Drinks in South Korea
... habit of visiting restaurants and bars as pandemic-related restrictions eased, which led to increasing consumption of alcoholic drinks through on-trade premises. Beer enjoyed increasing on-trade sales during summer 2022, which is generally considered the peak ... Read More
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Rtds in South Korea
... such as Independent Liquor Korea and Lotte Asahi Liquor, only launched several new products and invested minimum marketing in 2022, they reviewed their portfolios and ran aggressive marketing campaigns for reduced sugar drinks. Euromonitor International's ... Read More
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Beer in Thailand
... The increase in production, shipping, and packaging costs such as for metal cans and glass bottles, which are directly correlated to the price of oil, were significantly impacted by the rise in global oil prices. ... Read More
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Cider/Perry in Hong Kong, China
... off-trade, whilst the sustained opening of on-trade outlets led to a strong increase in sales, as drinkers eagerly returned to bars and clubs to socialise. While local consumers enjoy other types of alcoholic drinks, such ... Read More
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Spirits in Singapore
... reservations. Singapore has a world-renowned vibrant cocktail culture, and was home to 11 of Asia’s 50 Best Bars in 2022. This attracted travellers seeking diverse flavours and experiences following the easing of border control measures. ... Read More
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Wine in Vietnam
... and clubs. Sales were further boosted by the return of international tourism to the country, as much of the wine sold through the on-trade is purchased by foreign visitors in high-end restaurants. At the same ... Read More
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Spirits in Japan
... accounted for more than 33% of total volume sales. However, in 2020 and 2021, severe business conditions were seen for the on-trade channel, due to measures such as the government’s ban on foodservice sales of ... Read More
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Beer in Japan
... operate without any restrictions. As a result, on-trade volume sales of beer recorded dynamic growth. Nevertheless, in 2022 on-trade volume sales only recovered to less than 60% of that seen in 2019, pre-pandemic. This is ... Read More
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Beer in Hong Kong, China
... volume sales due to the loosening of government restrictions along with the relative lack of cases in the calendar year, combined with on-trade outlets seeing increased foot traffic from consumers who had missed the city’s ... Read More
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Spirits in Hong Kong, China
... to the easing and then removal of pandemic restrictions by the government. Both on-trade and off-trade outlets saw remarkable growth as the city gradually returned to normal. Popular spirits such as gin and tequila were ... Read More
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Beer in Singapore
... 22.30hrs cut-off for the sale and consumption of alcohol at food and beverage outlets was lifted. This move prompted producers to focus on on-trade promotions, which encouraged diners to return to different channels, including hawker ... Read More
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Rtds in Singapore
... by operators to encourage dining-in further drove the growth in the on-trade. Moreover, the approachable nature of RTDs further encouraged consumer interest. The majority of RTDs have primarily been designed to attract the younger generation ... Read More
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Spirits in Vietnam
... local consumers were more willing to spend money on non-essential products, including spirits. The Vietnamese government also lifted all social distancing restrictions, which meant that consumers could gather for drinks at restaurants, bars and clubs, ... Read More
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Beer in Indonesia
... lager, low alcohol and non alcoholic beer - as well as extensive availability, with the products being very commonly available in both on- and off trade channels. Having products in different price ranges also supports ... Read More
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