In 2024, total volume sales of spirits in Thailand increased by 1%, reaching 737 million litres. This modest growth rate was primarily attributed to economic downturn, which affected consumers’ spending habits. Spirits are typically consumed during social gatherings, and during times of financial strain, individuals tend to cut back on these expenses. Consequently, this led some consumers to opt to switch to more affordable alternatives such as beer or wine, which are more often enjoyed at home...
This Spirits in Thailand report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data (2020-2024), allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market - be they legislative, distribution or pricing issues. Forecasts to 2029 illustrate how the market is set to change.
Product coverage: Brandy and Cognac, Liqueurs, Non Alcoholic Spirits, Other Spirits, Rum, Tequila (and Mezcal), Whiskies, White Spirits.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
This Spirits in Thailand report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data (2020-2024), allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market - be they legislative, distribution or pricing issues. Forecasts to 2029 illustrate how the market is set to change.
Product coverage: Brandy and Cognac, Liqueurs, Non Alcoholic Spirits, Other Spirits, Rum, Tequila (and Mezcal), Whiskies, White Spirits.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why Buy this Report?
- Get a detailed picture of the Spirits market;
- Pinpoint growth sectors and identify factors driving change;
- Understand the competitive environment, the market’s major players and leading brands;
- Use five-year forecasts to assess how the market is predicted to develop.
Table of Contents
Spirits in ThailandLimited Growth Due to Economic Downturn and Health Trend, Although Tequila Sees a High IncreaseThai Beverage Maintains Its Dominance, But Loses Slight Share to Imported SpiritsWith Expansion of the Product Range, Supermarkets Sees Share GrowthProspects and OpportunitiesShochu/Soju Set to See Strong Growth, With Thai Products Likely to Be Popular Due to Their Lower PriceGrowth of Craft Spirits Likely to Be Driven by New LegislationRecent Launches Set to Drive Increasing Premiumisation in SpiritsCategory BackgroundVodka, Gin, Other Blended Scotch Whisky, Dark Rum and White Rum Price Band MethodologySummary 1 Benchmark Brands 2024Alcoholic Drinks in ThailandExecutive SummaryCompetitive LandscapeRetail DevelopmentsOn-Trade Vs Off-Trade SplitWhat Next for Alcoholic Drinks?Market BackgroundLegislationLegal Purchasing Age and Legal Drinking AgeDrink DrivingAdvertisingSmoking BanOpening HoursOn-Trade EstablishmentsTaxation and Duty LeviesOperating EnvironmentContraband/Parallel TradeDuty FreeCross-Border/Private ImportsKey New Product LaunchesOutlookDisclaimerSourcesSummary 2 Research Sources
Key Data Findings
Category Data
Alcoholic Drinks in 2024: the Big Picture
Market Indicators
Market Data