ASIA PACIFIC SPIRITS MARKET FORECAST 2017-2025
KEY FINDINGS
The Asia pacific spirits market size is expected to expand from $246537 million in 2016 to $364532 million by 2025, at a CAGR of 4.38% between 2017 and 2025. The base year considered for the spirits market report is 2016 and the forecast period is from 2017 to 2025. The changing lifestyle and consumption habits of consumers, rapid urbanization, and high disposable income are the key drivers of the global spirits market.
MARKET INSIGHTS
The global spirits market is segmented by distribution on the basis of liquor specialist stores, duty-free, hypermarket/supermarket, online retailing and others. Stringent rules and regulations across different regions, health issues that arise due to excess spirits consumption and easy availability of substitute products are some factors that are restricting the growth of the market. The leading players in the spirits market are encountering challenges in heavy taxation and restriction on advertising in certain countries. Growing demand for imported spirits and various products with different flavors available in the market ae the new trends that are picking up in the near future.
COMPETITIVE INSIGHTS
Major players in the spirits market are Diageo Plc, Remy Cointreau, Bacardi Limited, Pernod Ricard, Brown-Forman, RadicoKhaitan, Suntory Spirits Ltd, Marston’s Plc, Stock Spirits Group, Hite Jinro Co Ltd, The Wine Group Inc, Constellation Brands Inc, Gruppo Campari, Amvyx SA and Miguel Torres SA.
The Asia pacific spirits market size is expected to expand from $246537 million in 2016 to $364532 million by 2025, at a CAGR of 4.38% between 2017 and 2025. The base year considered for the spirits market report is 2016 and the forecast period is from 2017 to 2025. The changing lifestyle and consumption habits of consumers, rapid urbanization, and high disposable income are the key drivers of the global spirits market.
MARKET INSIGHTS
The global spirits market is segmented by distribution on the basis of liquor specialist stores, duty-free, hypermarket/supermarket, online retailing and others. Stringent rules and regulations across different regions, health issues that arise due to excess spirits consumption and easy availability of substitute products are some factors that are restricting the growth of the market. The leading players in the spirits market are encountering challenges in heavy taxation and restriction on advertising in certain countries. Growing demand for imported spirits and various products with different flavors available in the market ae the new trends that are picking up in the near future.
COMPETITIVE INSIGHTS
Major players in the spirits market are Diageo Plc, Remy Cointreau, Bacardi Limited, Pernod Ricard, Brown-Forman, RadicoKhaitan, Suntory Spirits Ltd, Marston’s Plc, Stock Spirits Group, Hite Jinro Co Ltd, The Wine Group Inc, Constellation Brands Inc, Gruppo Campari, Amvyx SA and Miguel Torres SA.
1. RESEARCH SCOPE
1.1. STUDY GOALS
1.2. SCOPE OF THE MARKET STUDY
1.3. WHO WILL FIND THIS REPORT USEFUL?
1.4. STUDY AND FORECASTING YEARS
2. RESEARCH METHODOLOGY
2.1. SOURCES OF DATA
2.1.1. SECONDARY DATA
2.1.2. PRIMARY DATA
2.2. TOP DOWN APPROACH
2.3. BOTTOM-UP APPROACH
2.4. DATA TRIANGULATION
3. EXECUTIVE SUMMARY
3.1. MARKET SUMMARY
3.2. KEY FINDINGS
4. MARKET OVERVIEW
4.1. MARKET DEFINITION
4.2. MARKET DRIVERS
4.2.1. CHANGING LIFESTYLE AND CONSUMPTION HABITS OF ALCOHOLIC DRINKS
4.2.2. TRADITIONALLY PREFERRED DRINK BY MEN DUE TO ITS HIGH ALCOHOL CONTENT
4.2.3. RAPID URBANIZATION AND HIGH DISPOSABLE INCOME
4.3. MARKET RESTRAINTS
4.3.1. STRINGENT RULES AND REGULATIONS ACROSS DIFFERENT REGIONS
4.3.2. HEALTH ISSUES RELATED TO EXCESS SPIRITS CONSUMPTION
4.3.3. EASY AVAILABILITY OF SUBSTITUTE PRODUCTS
4.4. MARKET OPPORTUNITIES
4.4.1. GROWING DEMAND FOR IMPORTED SPIRITS
4.4.2. VARIOUS PRODUCTS WITH DIFFERENT FLAVOURS
4.5. MARKET CHALLENGES
4.5.1. HEAVY TAXATION
4.5.2. RESTRICTIONS ON ADVERTISING IN CERTAIN COUNTRIES
5. ASIA PACIFIC SPIRITS MARKET BY DISTRIBUTION CHANNEL 2017-2025 ($ MILLION)
5.1. LIQUOR SPECIALIST STORES
5.2. DUTY FREE
5.3. HYPERMARKET/SUPER MARKET
5.4. ONLINE RETAILING
5.5. OTHERS
6. KEY ANALYTICS
6.1. PORTERS FIVE FORCE MODEL
6.1.1. THREAT OF NEW ENTRANTS
6.1.2. BARGAINING POWER OF BUYERS
6.1.3. BARGAINING POWER OF SUPPLIERS
6.1.4. THREAT OF SUBSTITUTE PRODUCTS
6.1.5. COMPETITIVE RIVALRY AMONGST EXISTING FIRMS
6.2. OPPORTUNITY MATRIX
6.3. VENDOR LANDSCAPE
7. ASIA PACIFIC SPIRITS MARKET BY COUNTRIES 2017-2025 ($ MILLION)
7.1. CHINA
7.1.1. CHINA MARKET BY TYPE OF SPIRITS 2016 & 2025 (%) (BRANDY AND COGNAC, LIQUEURS, RUM, TEQUILA, WHISKIES, WHITE SPIRITS, OTHER SPIRITS)
7.1.2. MARKET SHARE ANALYSIS, 2015 & 2016 (IN %)
7.2. INDIA
7.2.1. INDIA MARKET BY TYPE OF SPIRITS 2016 & 2025 (%) (BRANDY AND COGNAC, LIQUEURS, RUM, TEQUILA, WHISKIES, WHITE SPIRITS, OTHER SPIRITS)
7.2.2. MARKET SHARE ANALYSIS, 2015 & 2016 (IN %)
7.3. JAPAN
7.3.1. JAPAN MARKET BY TYPE OF SPIRITS 2016 & 2025 (%)(BRANDY AND COGNAC, LIQUEURS, RUM, TEQUILA, WHISKIES, WHITE SPIRITS, OTHER SPIRITS)
7.3.2. MARKET SHARE ANALYSIS, 2015 & 2016 (IN %)
7.4. SOUTH KOREA
7.4.1. SOUTH KOREA MARKET BY TYPE OF SPIRITS 2016 & 2025 (%)(BRANDY AND COGNAC, LIQUEURS, RUM, TEQUILA, WHISKIES, WHITE SPIRITS, OTHER SPIRITS)
7.4.2. MARKET SHARE ANALYSIS, 2015 & 2016 (IN %)
7.5. THAILAND
7.5.1. THAILAND MARKET BY TYPE OF SPIRITS 2016 & 2025 (%)(BRANDY AND COGNAC, LIQUEURS, RUM, TEQUILA, WHISKIES, WHITE SPIRITS, OTHER SPIRITS)
7.5.2. MARKET SHARE ANALYSIS, 2015 & 2016 (IN %)
7.6. AUSTRALIA
7.6.1. AUSTRALIA MARKET BY TYPE OF SPIRITS 2016 & 2025 (%)(BRANDY AND COGNAC, LIQUEURS, RUM, TEQUILA, WHISKIES, WHITE SPIRITS, OTHER SPIRITS)
7.6.2. MARKET SHARE ANALYSIS, 2015 & 2016 (IN %)
7.7. REST OF ASIA-PACIFIC
8. COMPANY PROFILES
8.1. DIAGEO PLC
8.2. . REMY COINTREAU
8.3. BACARDI LIMITED
8.4. PERNOD RICARD
8.5. BROWN-FORMAN
8.6. RADICO KHAITAN
8.7. SUNTORY SPIRITS LTD
8.8. MARSTON’S PLC
8.9. STOCK SPIRITS GROUP
8.10. HITE JINRO CO LTD
8.11. THE WINE GROUP INC
8.12. CONSTELLATION BRANDS INC
8.13. GRUPPO CAMPARI
8.14. AMVYX SA
8.15. MIGUEL TORRES SA
1.1. STUDY GOALS
1.2. SCOPE OF THE MARKET STUDY
1.3. WHO WILL FIND THIS REPORT USEFUL?
1.4. STUDY AND FORECASTING YEARS
2. RESEARCH METHODOLOGY
2.1. SOURCES OF DATA
2.1.1. SECONDARY DATA
2.1.2. PRIMARY DATA
2.2. TOP DOWN APPROACH
2.3. BOTTOM-UP APPROACH
2.4. DATA TRIANGULATION
3. EXECUTIVE SUMMARY
3.1. MARKET SUMMARY
3.2. KEY FINDINGS
4. MARKET OVERVIEW
4.1. MARKET DEFINITION
4.2. MARKET DRIVERS
4.2.1. CHANGING LIFESTYLE AND CONSUMPTION HABITS OF ALCOHOLIC DRINKS
4.2.2. TRADITIONALLY PREFERRED DRINK BY MEN DUE TO ITS HIGH ALCOHOL CONTENT
4.2.3. RAPID URBANIZATION AND HIGH DISPOSABLE INCOME
4.3. MARKET RESTRAINTS
4.3.1. STRINGENT RULES AND REGULATIONS ACROSS DIFFERENT REGIONS
4.3.2. HEALTH ISSUES RELATED TO EXCESS SPIRITS CONSUMPTION
4.3.3. EASY AVAILABILITY OF SUBSTITUTE PRODUCTS
4.4. MARKET OPPORTUNITIES
4.4.1. GROWING DEMAND FOR IMPORTED SPIRITS
4.4.2. VARIOUS PRODUCTS WITH DIFFERENT FLAVOURS
4.5. MARKET CHALLENGES
4.5.1. HEAVY TAXATION
4.5.2. RESTRICTIONS ON ADVERTISING IN CERTAIN COUNTRIES
5. ASIA PACIFIC SPIRITS MARKET BY DISTRIBUTION CHANNEL 2017-2025 ($ MILLION)
5.1. LIQUOR SPECIALIST STORES
5.2. DUTY FREE
5.3. HYPERMARKET/SUPER MARKET
5.4. ONLINE RETAILING
5.5. OTHERS
6. KEY ANALYTICS
6.1. PORTERS FIVE FORCE MODEL
6.1.1. THREAT OF NEW ENTRANTS
6.1.2. BARGAINING POWER OF BUYERS
6.1.3. BARGAINING POWER OF SUPPLIERS
6.1.4. THREAT OF SUBSTITUTE PRODUCTS
6.1.5. COMPETITIVE RIVALRY AMONGST EXISTING FIRMS
6.2. OPPORTUNITY MATRIX
6.3. VENDOR LANDSCAPE
7. ASIA PACIFIC SPIRITS MARKET BY COUNTRIES 2017-2025 ($ MILLION)
7.1. CHINA
7.1.1. CHINA MARKET BY TYPE OF SPIRITS 2016 & 2025 (%) (BRANDY AND COGNAC, LIQUEURS, RUM, TEQUILA, WHISKIES, WHITE SPIRITS, OTHER SPIRITS)
7.1.2. MARKET SHARE ANALYSIS, 2015 & 2016 (IN %)
7.2. INDIA
7.2.1. INDIA MARKET BY TYPE OF SPIRITS 2016 & 2025 (%) (BRANDY AND COGNAC, LIQUEURS, RUM, TEQUILA, WHISKIES, WHITE SPIRITS, OTHER SPIRITS)
7.2.2. MARKET SHARE ANALYSIS, 2015 & 2016 (IN %)
7.3. JAPAN
7.3.1. JAPAN MARKET BY TYPE OF SPIRITS 2016 & 2025 (%)(BRANDY AND COGNAC, LIQUEURS, RUM, TEQUILA, WHISKIES, WHITE SPIRITS, OTHER SPIRITS)
7.3.2. MARKET SHARE ANALYSIS, 2015 & 2016 (IN %)
7.4. SOUTH KOREA
7.4.1. SOUTH KOREA MARKET BY TYPE OF SPIRITS 2016 & 2025 (%)(BRANDY AND COGNAC, LIQUEURS, RUM, TEQUILA, WHISKIES, WHITE SPIRITS, OTHER SPIRITS)
7.4.2. MARKET SHARE ANALYSIS, 2015 & 2016 (IN %)
7.5. THAILAND
7.5.1. THAILAND MARKET BY TYPE OF SPIRITS 2016 & 2025 (%)(BRANDY AND COGNAC, LIQUEURS, RUM, TEQUILA, WHISKIES, WHITE SPIRITS, OTHER SPIRITS)
7.5.2. MARKET SHARE ANALYSIS, 2015 & 2016 (IN %)
7.6. AUSTRALIA
7.6.1. AUSTRALIA MARKET BY TYPE OF SPIRITS 2016 & 2025 (%)(BRANDY AND COGNAC, LIQUEURS, RUM, TEQUILA, WHISKIES, WHITE SPIRITS, OTHER SPIRITS)
7.6.2. MARKET SHARE ANALYSIS, 2015 & 2016 (IN %)
7.7. REST OF ASIA-PACIFIC
8. COMPANY PROFILES
8.1. DIAGEO PLC
8.2. . REMY COINTREAU
8.3. BACARDI LIMITED
8.4. PERNOD RICARD
8.5. BROWN-FORMAN
8.6. RADICO KHAITAN
8.7. SUNTORY SPIRITS LTD
8.8. MARSTON’S PLC
8.9. STOCK SPIRITS GROUP
8.10. HITE JINRO CO LTD
8.11. THE WINE GROUP INC
8.12. CONSTELLATION BRANDS INC
8.13. GRUPPO CAMPARI
8.14. AMVYX SA
8.15. MIGUEL TORRES SA
LIST OF TABLES
TABLE 1 ASIA PACIFIC SPIRITS MARKET BY GEOGRAPHY 2017-2025 ($ MILLION)
TABLE 2 ASIA PACIFIC SPIRITS MARKET BY DISTRIBUTION CHANNEL 2017-2025 ($ MILLION)
TABLE 3 ASIA PACIFIC SPIRITS MARKET BY COUNTRIES 2017-2025 ($ MILLION)
TABLE 1 ASIA PACIFIC SPIRITS MARKET BY GEOGRAPHY 2017-2025 ($ MILLION)
TABLE 2 ASIA PACIFIC SPIRITS MARKET BY DISTRIBUTION CHANNEL 2017-2025 ($ MILLION)
TABLE 3 ASIA PACIFIC SPIRITS MARKET BY COUNTRIES 2017-2025 ($ MILLION)
LIST OF FIGURES
FIGURE 1 ASIA-PACIFIC SPIRITS MARKET BY DISTRIBUTION CHANNEL 2017-2025 ($ MILLION)
FIGURE 2 ASIA-PACIFIC LIQUOR SPECIALIST STORES MARKET 2017-2025 ($ MILLION)
FIGURE 3 ASIA-PACIFIC DUTY-FREE MARKET 2017-2025 ($ MILLION)
FIGURE 4 ASIA-PACIFIC HYPERMARKET/SUPER MARKET 2017-2025 ($ MILLION)
FIGURE 5 ASIA-PACIFIC ONLINE RETAILING MARKET 2017-2025 ($ MILLION)
FIGURE 6 ASIA-PACIFIC OTHERS MARKET 2017-2025 ($ MILLION)
FIGURE 7 CHINA SPIRITS MARKET 2017-2025 ($ MILLION)
FIGURE 8 CHINA SPIRITS MARKET BY PRODUCTS 2016 & 2025 (%) (BRANDY AND COGNAC, LIQUEURS, RUM, TEQUILA, WHISKIES, WHITE SPIRITS, OTHER SPIRITS)
FIGURE 9 MARKET SHARE ANALYSIS, 2015 & 2016 (IN %)
FIGURE 10 INDIA SPIRITS MARKET 2017-2025 ($ MILLION)
FIGURE 11 INDIA SPIRITS MARKET BY PRODUCTS 2016 & 2025 (%) (BRANDY AND COGNAC, LIQUEURS, RUM, TEQUILA, WHISKIES, WHITE SPIRITS, OTHER SPIRITS)
FIGURE 12 MARKET SHARE ANALYSIS, 2015 & 2016 (IN %)
FIGURE 13 JAPAN SPIRITS MARKET 2017-2025 ($ MILLION)
FIGURE 14 JAPAN SPIRITS MARKET BY PRODUCTS 2016 & 2025 (%) (BRANDY AND COGNAC, LIQUEURS, RUM, TEQUILA, WHISKIES, WHITE SPIRITS, OTHER SPIRITS)
FIGURE 15 MARKET SHARE ANALYSIS, 2015 & 2016 (IN %)
FIGURE 16 SOUTH KOREA SPIRITS MARKET 2017-2025 ($ MILLION)
FIGURE 17 SOUTH KOREA SPIRITS BY PRODUCTS 2016 & 2025 (%) (BRANDY AND COGNAC, LIQUEURS, RUM, TEQUILA, WHISKIES, WHITE SPIRITS, OTHER SPIRITS)
FIGURE18MARKET SHARE ANALYSIS, 2015 & 2016 (IN %)
FIGURE 19 THAILAND SPIRITS MARKET 2017-2025 ($ MILLION)
FIGURE 20 THAILAND SPIRITS MARKET BY PRODUCTS 2016 & 2025 (%) (BRANDY AND COGNAC, LIQUEURS, RUM, TEQUILA, WHISKIES, WHITE SPIRITS, OTHER SPIRITS)
FIGURE 21MARKET SHARE ANALYSIS, 2015 & 2016 (IN %)
FIGURE 22 AUSTRALIA SPIRITS MARKET 2017-2025 ($ MILLION)
FIGURE 23 AUSTRALIA SPIRITS MARKET BY PRODUCTS 2016 & 2025 (%) (BRANDY AND COGNAC, LIQUEURS, RUM, TEQUILA, WHISKIES, WHITE SPIRITS, OTHER SPIRITS)
FIGURE 24 MARKET SHARE ANALYSIS, 2015 & 2016 (IN %)
FIGURE 25 ROAPAC SPIRITS MARKET 2017-2025 ($ MILLION)
FIGURE 1 ASIA-PACIFIC SPIRITS MARKET BY DISTRIBUTION CHANNEL 2017-2025 ($ MILLION)
FIGURE 2 ASIA-PACIFIC LIQUOR SPECIALIST STORES MARKET 2017-2025 ($ MILLION)
FIGURE 3 ASIA-PACIFIC DUTY-FREE MARKET 2017-2025 ($ MILLION)
FIGURE 4 ASIA-PACIFIC HYPERMARKET/SUPER MARKET 2017-2025 ($ MILLION)
FIGURE 5 ASIA-PACIFIC ONLINE RETAILING MARKET 2017-2025 ($ MILLION)
FIGURE 6 ASIA-PACIFIC OTHERS MARKET 2017-2025 ($ MILLION)
FIGURE 7 CHINA SPIRITS MARKET 2017-2025 ($ MILLION)
FIGURE 8 CHINA SPIRITS MARKET BY PRODUCTS 2016 & 2025 (%) (BRANDY AND COGNAC, LIQUEURS, RUM, TEQUILA, WHISKIES, WHITE SPIRITS, OTHER SPIRITS)
FIGURE 9 MARKET SHARE ANALYSIS, 2015 & 2016 (IN %)
FIGURE 10 INDIA SPIRITS MARKET 2017-2025 ($ MILLION)
FIGURE 11 INDIA SPIRITS MARKET BY PRODUCTS 2016 & 2025 (%) (BRANDY AND COGNAC, LIQUEURS, RUM, TEQUILA, WHISKIES, WHITE SPIRITS, OTHER SPIRITS)
FIGURE 12 MARKET SHARE ANALYSIS, 2015 & 2016 (IN %)
FIGURE 13 JAPAN SPIRITS MARKET 2017-2025 ($ MILLION)
FIGURE 14 JAPAN SPIRITS MARKET BY PRODUCTS 2016 & 2025 (%) (BRANDY AND COGNAC, LIQUEURS, RUM, TEQUILA, WHISKIES, WHITE SPIRITS, OTHER SPIRITS)
FIGURE 15 MARKET SHARE ANALYSIS, 2015 & 2016 (IN %)
FIGURE 16 SOUTH KOREA SPIRITS MARKET 2017-2025 ($ MILLION)
FIGURE 17 SOUTH KOREA SPIRITS BY PRODUCTS 2016 & 2025 (%) (BRANDY AND COGNAC, LIQUEURS, RUM, TEQUILA, WHISKIES, WHITE SPIRITS, OTHER SPIRITS)
FIGURE18MARKET SHARE ANALYSIS, 2015 & 2016 (IN %)
FIGURE 19 THAILAND SPIRITS MARKET 2017-2025 ($ MILLION)
FIGURE 20 THAILAND SPIRITS MARKET BY PRODUCTS 2016 & 2025 (%) (BRANDY AND COGNAC, LIQUEURS, RUM, TEQUILA, WHISKIES, WHITE SPIRITS, OTHER SPIRITS)
FIGURE 21MARKET SHARE ANALYSIS, 2015 & 2016 (IN %)
FIGURE 22 AUSTRALIA SPIRITS MARKET 2017-2025 ($ MILLION)
FIGURE 23 AUSTRALIA SPIRITS MARKET BY PRODUCTS 2016 & 2025 (%) (BRANDY AND COGNAC, LIQUEURS, RUM, TEQUILA, WHISKIES, WHITE SPIRITS, OTHER SPIRITS)
FIGURE 24 MARKET SHARE ANALYSIS, 2015 & 2016 (IN %)
FIGURE 25 ROAPAC SPIRITS MARKET 2017-2025 ($ MILLION)
