Market Research Report
ASIA PACIFIC ALCOHOLIC SPIRITS MARKET FORECAST 2018-2026
|Published by||Inkwood Research||Product code||508252|
|Published||Content info||76 Pages
Delivery time: 1-2 business days
|ASIA PACIFIC ALCOHOLIC SPIRITS MARKET FORECAST 2018-2026|
|Published: June 11, 2018||Content info: 76 Pages||
Asia Pacific is expected to enjoy the highest CAGR of 4.42% in the alcoholic spirits market over the forecast period of 2018-2026.
China and Thailand are predicted to witness considerable CAGR over the forecast period. Several APAC countries are witnessing economic prosperity. Rising per capita income is driving the general populace to spend leisurely on alcoholic drinks. However, a rise in government regulations and increased duties and taxes on alcohols
are expected to limit the growth of the alcoholic drinks market in APAC over the coming years. Also, the popularity of traditional alcoholic spirits-based drinks in few APAC countries are acting as a barrier for international brands to penetrate into these regions.
Few of the noted market players in these regions are Bacardi Limited, Remy Cointreau, Amvyx SA, Radico Khaitan, Pernod Ricard, Constellation Brands Inc, Stock Spirits Group, Miguel Torres SA, Diageo Plc, and Gruppo Campari.