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Opportunities in the Asia-Pacific Spirits Sector: Analysis of Opportunities Offered by High Growth Economies

Opportunities in the Asia-Pacific Spirits Sector: Analysis of Opportunities Offered by High Growth Economies

Summary

Global spirits sector is forecast to record a CAGR of 8.7% during 2016-2021 to reach US$953,218.3 Million by 2021. Asia-Pacific emerged as the largest region in the global spirits sector, accounting for a value share of 51.4% in 2016 and expected to witness a CAGR of 12.9% during 2016-2021. The sector is driven by the increasing demand for western premium spirits brands fuelled by growing urbanization and rising middle income population in the high potential countries.

Asia-Pacific spirits sector was valued at US$322,459.1 Million in 2016 and is expected register a CAGR of 12.9%. Specialty spirits represented the largest market in the region accounting for a value share of 74.1% in 2016, followed by whiskey and brandy. Furthermore, specialty spirits market is expected to grow at the fastest pace in value and volume terms during 2016-2021, followed by tequila & mezcal.

Hypermarkets & supermarkets is the leading distribution channel in the Asia-Pacific spirits sector followed by food & drinks specialists. In 2016, hypermarkets & supermarkets channel accounted for 37.6% value share, while food & drinks specialists accounted for a value share of 35.4%. However, in some high potential countries such as South Korea and Hong Kong, on-trade represented the leading distribution channel.

Glass was the most commonly used package material accounting for 99.1% volume share, due to its features such as being recyclable, nonporous and impermeable. Glass is the most commonly used package material in the Asia-Pacific spirits sector, registering a volume growth of 9.4% during 2011-2021.

The report Opportunities in the Asia-Pacific Spirits Sector, brings together multiple data sources to provide a comprehensive overview of the Asia-Pacific spirits sector.

In particular, this report provides the following -

  • Sector overview: Provides overview of the sector size, value and volume growth analysis, across regions.
  • Change in consumption: Analysis on the shift in consumption of spirits by markets across key countries in the Asia-Pacific region.
  • High potential countries: Provides Risk-Reward analysis of top 4 high potential countries in the Asia-Pacific region based on market assessment, economic development, socio-demographic, governance indicators, and technological infrastructure.
  • Country analysis: Provides deep-dive analysis of 4 high potential countries covering value growth during 2016-2021, key challenges, consumer demographics, and key trends supported with product examples. It also includes analysis of the key challenges faced and future outlook for the region.
  • Brand Analysis: Provides an overview of leading brands in the Asia-Pacific region, besides analyzing the growth of private labels in the region.
  • Key distribution channels: Provides analysis on the leading distribution channels for spirits across the key countries in the Asia-Pacific region in 2016. It covers six distribution channels - on-trade, hypermarkets & supermarkets, convenience stores, food & drinks specialists, e-retailers and others that include - other retailers, “Dollar Stores”, variety stores & general merchandise retailers, department stores, vending machines.
  • Preferred packaging formats: The report provides percentage share (in 2016) and growth analysis (during 2011-2021) for various package material, pack type, closure type and primary outer type based on the volume sales (by pack units) of spirits.
Companies mentioned in this report: Diageo Plc, HITEJINRO CO LTD, Lotte Co., Ltd., Pernod Ricard SA, Allied Blenders And Distillers Pvt. Ltd., Beijing Red Star Co Ltd, Niu Lan Shan Distillery, Emperador Distillers, Inc., Radico Khaitan Limited, Ginebra San Miguel Inc., Jiangsu Yanghe Group Co.,Ltd.

Scope

This report brings together multiple data sources to provide a comprehensive overview of the Asia-Pacific Spirits sector. It includes analysis on the following:
  • Sector overview: Provides overview of the sector size, value and volume growth analysis, across regions
  • Change in consumption: Analysis on the shift in consumption of Spirits by markets across the key countries in the Asia-Pacific region.
  • High potential countries: Provides Risk-Reward analysis of top 4 high potential countries in the Asia-Pacific region based on market assessment, economic development, socio-demographic, governance indicators, and technological infrastructure
  • Country analysis: Provides deep-dive analysis of 4 high potential countries covering value growth during 2016-2021, key challenges, consumer demographics, and key trends supported with product examples. It also includes analysis of the key challenges faced and future outlook for the region.
  • Brand analysis: Provides an overview of leading brands in the Asia-Pacific region, besides analyzing the growth of Private Label products in the region.
  • Key distribution channels: Provides analysis on the leading distribution channels for Spirits across the key countries in the Asia-Pacific region, in 2016. It covers these distribution channels - hypermarkets & supermarkets, convenience stores, food & drinks specialists, dollar stores, which include variety stores & general merchandisers and others, which includes cash & carries & warehouse clubs and others.
  • Preferred packaging formats: The report provides percentage share (in 2016) and growth analysis (during 2011-2021) for various packaging materials, container, closure, and outer types based on the volume sales (units) of Spirits.
Reasons to buy
  • Manufacturing and retailers seek latest information on how the market is evolving to formulate their sales and marketing strategies. There is also demand for authentic market data with a high level of detail. This report has been created to provide its readers with up-to-date information and analysis to uncover emerging opportunities of growth within the sector in the region.
  • The report provides a detailed analysis of the countries in the region, covering the key challenges, competitive landscape and demographic analysis , that can help companies gain insight into the country specific nuances
  • The analysts have also placed a significant emphasis on the key trends that drive consumer choice and the future opportunities that can be explored in the region, than can help companies in revenue expansion
  • To gain competitive intelligence about leading brands in the sector in the region with information about their market share and growth rates


  • Executive Summary
  • Market size and growth analysis Regional analysis
    • Market size analysis - Asia-Pacific compared to other regions
      • Table Regional comparison: market size, growth, and per capita analysis, 2016-2021
    • Growth analysis by region
    • Growth analysis by country
    • Growth analysis by market
  • Identifying High-Potential Countries in Asia-Pacific
    • High potential countries in Asia-Pacific
    • Analyzing countries in Asia-Pacific - methodology
    • Risk, reward and opportunity analysis of Asia-Pacific countries
  • Market size and growth analysis
    • High-potential countries in Asia-Pacific-Overview
      • Table South Korea leads the sector in both value and volume sales growth during 2016-2021
    • Growth contribution analysis by country
    • Share of spirits compared to other alcoholic beverages sectors
    • Change in consumption levels by country and spirits markets
    • Per capita consumption analysis
    • Per capita expenditure analysis
  • High Potential Country Analysis: Asia-Pacific
    • South Korea
      • South Korean spirits - overview
        • Table Key Markets Value Share, 2016
      • South Korean spirits - demographic analysis
      • South Koreanspiritss - key trends
    • Australia
      • Australian spirits - overview
        • Table Key Markets Value Share, 2016
      • Australian spirits- demographic analysis
      • Australian spirits - key trends
    • New Zealand
      • New Zealand spirits - overview
        • Table Key Markets Value Share, 2016
      • New Zealand spirits- demographic analysis
      • New Zealand spirits - key trends
    • Hong Kong
      • Hong Kong spirits - overview
        • Table Key Markets Value Share, 2016
      • Hong Kong spirits- demographic analysis
      • Hong Kong spirits - key trends
  • Success Stories
    • About Case Studies
    • Case Study: Jovo Baijiu
    • Case Study: Jägermeister
    • Case Study: Patrón XO Cafe Incendio
  • Company and Brand Analysis
    • Brand share analysis in the spirits sector
    • Leading companies in the Asia-Pacific spirits sector
    • Leading brands in the Asia-Pacific spirits sector
    • Private label penetration in the spirits sector
      • Table Private label penetration (in volume terms) in the spirits sector, 2016
  • Key Distribution Channels
    • Leading distribution channels by countries
      • Table Leading distribution channels in Asia-Pacific by countries, 2016
    • Leading distribution channels by markets
      • Table Leading distribution channels in Asia-Pacific region by markets, 2016
  • Key Packaging Formats
    • Growth Analysis by key package material and pack type
    • Growth Analysis by closure type and primary outer
  • Challenges and Future Outlook
    • Key challenges
    • Future outlook - Asia-Pacific
  • Appendix
    • Table Global - Spirits Sales, by Region - Value (US$ Million)
    • Table Global Spirits Sales, by Region - Volume (Million Liters)
    • Table Growth Analysis, by Country - Value (US$ Million)
    • Table Growth Analysis, by Country - Volume (Million Liters)
    • Table Market Growth Analysis, by Country - Brandy (US$ Million)
    • Table Market Growth Analysis, by Country - Gin & Genever (US$ Million)
    • Table Market Growth Analysis, by Country - Liqueurs (US$ Million)
    • Table Market Growth Analysis, by Country - Rum (US$ Million)
    • Table Market Growth Analysis, by Country - Specialty Spirits (US$ Million)
    • Table Market Growth Analysis, by Country - Tequila & Mezcal (US$ Million)
    • Table Market Growth Analysis, by Country - Vodka (US$ Million)
    • Table Market Growth Analysis, by Country - Whiskey (US$ Million)
    • Table Market Growth Analysis, by Country - Brandy (Million Liters)
    • Table Market Growth Analysis, by Country - Gin & Genever (Million Liters)
    • Table Market Growth Analysis, by Country - Liqueurs (Million Liters)
    • Table Market Growth Analysis, by Country - Rum (Million Liters)
    • Table Market Growth Analysis, by Country - specialty spirits (Million Liters)
    • Table Market Growth Analysis, by Country - Tequila & Mezcal (Million Liters)
    • Table Market Growth Analysis, by Country - Vodka (Million Liters)
    • Table Market Growth Analysis, by Country - Whiskey (Million Liters)
    • Table Global - Brands vs. Private Label Value by Markets (Million Liters), 2016
    • Table Asia-Pacific - Brands vs. Private Label Value by Markets (Million Liters), 2016
    • Table Asia-Pacific - Brands vs. Private Label Value, by Country (Million Liters), 2016
    • Table Top five Brands value sales, Brandy (Million Liters), 2016
    • Table Top five Brands value sales, Gin & Genever (Million Liters), 2016
    • Table Top five Brands value sales, Liqueurs (Million Liters), 2016
    • Table Top five Brands value sales, Rum (Million Liters), 2016
    • Table Top five Brands value sales, specialty spirits (Million Liters), 2016
    • Table Top five Brands value sales, Tequila & Mezcal (Million Liters), 2016
    • Table Top five Brands value sales, Vodka (Million Liters), 2016
    • Table Top five Brands value sales, Whiskey (Million Liters), 2016
    • Table Leading Distribution Channels in the Asia-Pacific region (Million liters)
    • Table Volume (Units) Growth by Package Material (2011-2021)
    • Table Volume (Units) Growth by Pack Type (2011-2021)
    • Table Volume (Units) Growth by Closure Type (2011-2021)
    • Table Volume (Units) Growth by Primary Outer Type (2011-2021)
    • Definitions - Markets
  • Trends Definitions
    • GlobalData's TrendSights framework
    • GlobalData has identified eight mega-trends that can be broken down into 63 trends
    • Definitions - trends: health & wellness
    • Definitions - trends: sensory & indulgence
    • Definitions - trends: comfort & uncertainty
    • Definitions - trends: sustainability & ethics
    • Definitions - trends: individualism & expression
    • Definitions - trends: smart & connected
    • Definitions - trends: easy & affordable
  • About GlobalData
    • Introducing GlobalData Wisdom
    • To best support you in your role
    • Providing uniquely detailed market data
    • supported by Business Fundamentals
    • and completing the picture through exclusive data
    • Robust and transparent research methodology
    • GlobalData at a glance
    • GlobalData Wisdom - Spirits

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