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

  • ID: 4421303
  • Report
  • 118 pages
  • GlobalData
1 of 4

FEATURED COMPANIES

  • Beijing Red Star Co Ltd
  • Diageo Plc
  • Ginebra San Miguel Inc.
  • HITEJINRO CO LTD
  • Lotte Co., Ltd.
  • Niu Lan Shan Distillery
  • MORE
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
READ MORE
Note: Product cover images may vary from those shown
2 of 4

FEATURED COMPANIES

  • Beijing Red Star Co Ltd
  • Diageo Plc
  • Ginebra San Miguel Inc.
  • HITEJINRO CO LTD
  • Lotte Co., Ltd.
  • Niu Lan Shan Distillery
  • MORE
1. Executive summary

2. Market size and growth analysis (Region analysis)
Market Size analysis- Asia-Pacific compared to other regions
Growth analysis by region
Growth analysis by country
Growth analysis by market

3. Identifying high potential countries in Asia-Pacific
High potential countries in Asia-Pacific
Identifying high potential countries - methodology
Identifying high potential countries - Risk, reward and opportunity analysis

4. Market size and growth analysis (High potential countries in Asia-Pacific)
High potential countries in Asia-Pacific - Overview
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 and expenditure analysis

5. High Potential Country Analysis: Asia-Pacific
South Korea
Australia
New Zealand
Hong Kong

6. Success Stories

7. Company and Brand Analysis
Brand share analysis in the spirits sector
Leading companies in Asia Pacific spirits sector
Leading brands in Asia-Pacific spirits sector
Private label penetration in the Asia-Pacific spirits sector

8. Key Distribution Channels
Leading distribution channels by countries
Leading distribution channels by markets

9. Key Packaging Formats
Growth analysis by key package material and pack type
Growth analysis by closure type and outer type

10. Challenges and Future Outlook
Key Challenges
Future Outlook

11. Appendix

List of Tables
Regional comparison: market size, growth, and per capita analysis, 2016-2021
Identifying high potential countries - Risk, reward and opportunity analysis
High potential countries in Asia-Pacific - Overview
Value share of spirits sector as a proportion of overall alcoholic beverage industry by country, 2016
Change in consumption by market within spirits (value terms), 2016-2021
Per Capita Consumption in Asia-Pacific and high potential countries, 2016
Per Capita Expenditure in Asia-Pacific and high potential countries, 2016
South Korea spirits - Overview % value share by market, 2016
Australia spirits - Overview % value share by market, 2016
New Zealand spirits - Overview % value share by market, 2016
Hong Kong spirits - Overview % value share by market, 2016
Leading brands in the Asia-Pacific spirits sector and markets by volume, 2016
Leading companies in the Asia-Pacific spirits sector by volume sales (Million Liters), 2016
Leading brands in the Asia-Pacific spirits sector by volume sales (Million Liters), 2016
Private label penetration (in volume terms) in the spirits sector, 2016
Leading distribution channels in the Asia-Pacific region by countries (by volume), 2016
Leading distribution channels in the Asia-Pacific region by markets, 2016

List of Figures
Year-on-year value growth analysis by region (2016-2021)
Year-on-year volume growth analysis by region (2016-2021)
Value and volume growth analysis by country (2016-2021)
Value and volume growth analysis by market (2016-2021)
Country level contribution to the growth of brandy in Asia-Pacific, 2016-2021
Country level contribution to the growth of gin & genever in Asia-Pacific, 2016-2021
Country level contribution to the growth of liqueurs in Asia-Pacific, 2016-2021
Country level contribution to the growth of rum in Asia-Pacific, 2016-2021
Country level contribution to the growth of specialty spirits in Asia-Pacific, 2016-2021
Country level contribution to the growth of tequila & mezcal in Asia-Pacific, 2016-2021
Country level contribution to the growth of vodka in Asia-Pacific, 2016-2021
Country level contribution to the growth of whiskey in Asia-Pacific, 2016-2021
South Korea spirits - Demographic Analysis
Australia spirits - Demographic Analysis
New Zealand spirits - Demographic Analysis
Hong Kong spirits - Demographic Analysis
Key package material volume (units) share, 2016
Unit volume growth by package material (2011-2021)
Key pack type volume (units) share, 2016
Unit volume growth by pack type (2011-2021)
Key closure type volume (units) share, 2016
Unit volume growth by closure type(2011-2021)
Key primary outer type volume (units) share, 2016
Unit volume growth by primary outer type (2011-2021)
Note: Product cover images may vary from those shown
3 of 4

Loading
LOADING...

4 of 4
  • 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.
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown
Adroll
adroll