APAC Spirits Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers APAC Spirits Market Analysis and it is Segmented by Product Type (Whiskey, Vodka, Rum, Brandy, and Other Product Types), Distribution Channel (Specialty/Liquor Stores, Online Retail Stores, On-Trade, and Other Sales Channels), and Geography (India, China, Japan, Australia, and Rest of Asia-Pacific). The market size and values are Provided in (USD million) during the forecast period for the above segments.

APAC Spirits Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Asia Pacific Spirits Industry Overview

The Asia-Pacific spirits market is competitive, comprising both regional and international manufacturers. Players like Bacardi Limited, Diageo PLC, Thai Beverage PLC, Suntory Holdings Limited, and Pernod Ricard SA dominate the market. Regional sprits are also dominating sales in some specific regions. These companies are increasing their investments in research and development (R&D) and social media marketing and expanding their geographical presence to maintain their position in the market. New product development, partnership, and expansion are some of the most preferred strategies by the spirits industry in the Asia-Pacific region. For instance, in August 2022, China's leading independent distributor, China Bev, announced that it would launch 818 Tequila in on-trade venues across Beijing, Shanghai, Guangzhou, Chengdu, and Shenzhen.

Asia Pacific Spirits Market Leaders

  1. Bacardi Limited

  2. Diageo plc

  3. Pernod Ricard SA

  4. Thai Beverage PLC

  5. Suntory Holdings Limited

  6. *Disclaimer: Major Players sorted in no particular order
Asia-Pacific Spirits Market Concentration

APAC Spirits Market Report Snapshots

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