For decades, burdensome liquor laws allowed only a few large breweries to dominate the market and barred small-scale newcomers from entering. 2022 In early November, Thailand began implementing new regulations for the liquor industry, which lowered the barriers to entry for small businesses.

Under the original regulations, in order to obtain a brewing license, a brewery had to have a minimum capital of 10 million baht (US$ 286,000) and annual beer production of 100,000 to 1 million liters, both of which were eliminated under the new regulations. The implementation of the new regulations will help other companies enter the market and promote diversity.

The Thai beer market is oligopolistic, consisting of several major players, namely Boon Rawd Brewery Co., Ltd. The first and largest brewery established in 1933, produces Singha, Leo, U Beer, etc. and holds 55-60% of the market. Thai Breweries is the second largest brewer with major brands including Chang, Archa and Federbrau with 35-40% of the market. TAPB, the producer of Heineken, Tiger and Cheers, has 4-5% of the market. The remaining 0.5-1% are Thai craft and imported beers.

In the past, the Thai beer market has grown steadily, but in recent years it has grown due to innovations by Thai beer companies such as Singha and Chang to attract new customers. Today, ultra-premium beer has a market share of less than 1%, but CRI expects its share to rise rapidly as the new generation of consumers likes to try and taste new things, which is in line with the trend in the global beer market.

In 2021, Thailand exported $106 million of beer, making it the world’s 19th largest beer exporter. In the same year, beer was Thailand’s 309th largest export product. The main destinations for Thai beer exports are Myanmar (US$40 million), the United Arab Emirates (US$18 million), Cambodia (US$11.5 million), the United Kingdom (US$4.55 million), and Israel (US$3.71 million).

The fastest-growing markets for Thai beer exports from 2020 to 2021 were Myanmar (US$9.54 million), the United Kingdom (US$1.46 million), and the United States (US$1.46 million). （The fastest growing markets for Thai beer exports from 2020 to 2021 are Myanmar ($9.54 million), the UK ($1.46 million) and the US ($1.46 million).

CRI expects Thailand’s beer industry to experience rapid growth from 2023-2032 as the negative impacts of COVID-19 on the economy have largely been eliminated, and there are significant market opportunities for global investors. CRI expects export value of Thailand’s beer to reach US$ 300 million by 2032, with a compound annual growth rate (CAGR) of 10.8% from 2023 to 2032.

Topics covered:

• Thailand Beer Industry Overview
• Economic and Policy Environment of the Thai Beer Industry
• What is the impact of COVID-19 on the Thai beer industry?
• Thailand Beer Industry Market Size, 2023-2032
• Analysis of major Thai beer industry players
• Key Drivers and Market Opportunities in the Thai Beer Industry
• What are the key drivers, challenges and opportunities for the beer industry in Thailand during the forecast period 2023-2032?
• Which are the key players in the Thailand Beer Industry market and what are their competitive advantages?
• What is the expected revenue of the Thailand Beer Industry market during the forecast period of 2023-2032?
• What strategies have been adopted by the key players in the market to increase their market share in the industry?
• Which segment of the Thailand Beer Industry market is expected to dominate the market by 2032?
• What are the major unfavorable factors facing the beer industry in Thailand?

Table of Contents

1. Thailand Overview

1.1 Geographical Situation

1.2 Thailand’s Demographic Structure

1.3 Thailand’s Economy

1.4 Minimum Wage in Thailand, 2011-2022

1.5 Impact of COVID-19 on the Thai Beer Industry

2. Thailand’s Beer Industry Development Environment

2.1 A Brief History of Beer Development in Thailand

2.2 Types of Beer in Thailand

2.3 Policy Environment of the Thai Beer Industry

3. Thailand Beer Industry Supply and Demand Situation

3.1 Supply Situation of Thailand Beer Industry

3.1.1 Thailand Beer Production Capacity Analysis

3.1.2 Analysis of Beer Production in Thailand

3.2 Demand in the Thai Beer Industry

4. Thailand’s Beer Industry Import and Export Situation

4.1 Import Status of Thailand’s Beer Industry

4.1.1 Thailand Beer Import Volume and Value

4.1.2 Thailand’s Main Sources of Beer Imports

4.2 Export Status of Thailand’s Beer Industry

4.2.1 Thailand’s Beer Export Volume and Value

4.2.2 Thailand’s Main Export Destinations for Beer

5. Market Competition in Thailand’s Beer Industry

5.1 Entry Barriers for the Thai Beer Industry

5.1.1 Brand Barriers

5.1.2 Quality Barriers

5.1.3 Capital Barriers

5.2 Competitive Structure of the Thai Beer Industry

5.2.1 Bargaining Power of Beer Suppliers

5.2.2 Consumer Bargaining Power

5.2.3 Competition in the Thai Beer Industry

5.2.4 Potential Entrants in the Beer Industry

5.2.5 Substitutes for Beer

6. Analysis of Major Beer Brand Companies in Thailand

6.1 Boon Rawd Brewer Co., Ltd.

6.1.1 History of Boon Rawd Brewer Co., Ltd.

6.1.2 Main Products of Boon Rawd Brewer Co., Ltd.

6.1.3 Operating Model of Boon Rawd Brewer Co., Ltd.

6.2 Thai Beverage Plc. (Thai Bev)

6.2.1 History of Thai Beverage Plc. (Thai Bev)

6.2.2 Main Products of Thai Beverage Plc. (Thai Bev)

6.2.3 Thai Beverage Plc.’s (Thai Bev) Operating Model

6.3 Thai Asia Pacific Brewery Co., Ltd. (TAPB. Boon Rawd Brewery)

6.3.1 History of Thai Asia Pacific Brewery Co., Ltd.

6.3.2 Main Products of Thai Asia Pacific Brewery Co., Ltd.

6.3.3 Operating Model of Thai Asia Pacific Brewery Co., Ltd.

6.4 Carlsberg

6.5 Heineken

6.6 Phuket Beer

6.7 San Miguel Brewery

7. Thailand Beer Industry Outlook, 2023-2032

7.1 Analysis of Factors for the Development of the Thai Beer Industry

7.1.1 Drivers and Growth Opportunities for Thailand’s Beer Industry

7.1.2 Threats and Challenges Facing the Thai Beer Industry

7.2 Thailand Beer Industry Supply Forecast

7.3 Thailand Beer Market Demand Forecast

7.4 Thailand Beer Import and Export Forecast

The post Thailand Beer Industry Research Report 2023-2032 first appeared on CRI Report.

Beer plays an important role in the lives of people in Southeast Asia. Vietnam has become the first in Southeast Asia and the third largest beer consuming country in Asia, and Singapore’s Tiger Beer and Laos’ Old Brand Beer are known as “the world’s top ten beers”. With strong economic development and improved living standards, the demand for beer and other alcoholic beverages in Southeast Asia is growing, and there is huge room for the development of the beer market in Southeast Asia.

At the same time, the lower labor costs and land costs in Southeast Asia have attracted global beer producers to invest and build plants in Southeast Asia. Take Vietnam as an example, in 2015, Heineken Group acquired Vietnam’s Vung Tau Brewery, and in 2022, the annual production capacity has reached 1.1 million kiloliters, which is Heineken Group’s largest plant in Vietnam and the largest brewery in Southeast Asia.

Southeast Asia in this report includes 10 countries: Singapore, Thailand, Philippines, Malaysia, Indonesia, Vietnam, Myanmar, Brunei, Laos and Cambodia. With a total population of over 600 million by the end of 2021, Southeast Asia has an overall economic growth rate higher than the global average and is one of the key drivers of future global economic growth.

According to CRI’s analysis, the economic levels of the 10 Southeast Asian countries vary greatly, with Singapore being the only developed country with a per capita GDP of about US$73,000 in 2021. While Myanmar and Cambodia will have a GDP per capita of less than US$2,000 in 2021. The population and minimum wage levels of each country also vary greatly. Brunei, which has the smallest population, will have a total population of less than 500,000 people in 2021, while Indonesia, which has the largest population, will have a population of about 275 million people in 2021.

CRI expects the beer industry in Southeast Asia to maintain growth from 2023-2032. On the one hand, global beer producers are gradually shifting their production capacity to Southeast Asia. On the other hand, the economic growth in Southeast Asia will boost the consumption of beer in the local market.

Topics covered:

•  Southeast Asia Beer Industry Status and Major Sources in 2018-2022
• What is the Impact of COVID-19 on Southeast Asia Beer Industry?
• Which Companies are the Major Players in Southeast Asia Beer Industry Market and What are their Competitive Benchmarks?
• Key Drivers and Market Opportunities in Southeast Asia Beer Industry
• What are the Key Drivers, Challenges, and Opportunities for Southeast Asia Beer Industry during 2023-2032?
• What is the Expected Revenue of Southeast Asia Beer Industry during 2023-2032?
• What are the Strategies Adopted by the Key Players in the Market to Increase Their Market Share in the Industry?
• What are the Competitive Advantages of the Major Players in Southeast Asia Beer Industry Market?
• Which Segment of Southeast Asia Beer Industry is Expected to Dominate the Market in 2032?
• What are the Major Adverse Factors Facing Southeast Asia Beer Industry?

Table of Contents

1 Singapore Beer Industry Analysis

1.1 Singapore Beer Industry Development Environment

1.1.1 Geography

1.1.2 Population

1.1.3 Economy

1.1.4 Minimum Wage in Singapore

1.2 Singapore Beer Industry Operation Status 2018-2022

1.2.1 Production Status of the Beer Industry in Singapore

1.2.2 Singapore Beer Industry Sales Status

1.2.3 Singapore Beer Industry Import and Export Status

1.3 Analysis of Major Beer Producers and Traders in Singapore

2 Analysis of Thailand’s Beer Industry 

2.1 Development Environment of Thailand’s Beer Industry

2.1.1 Geography

2.1.2 Population

2.1.3 Economy

2.1.4 Minimum Wage in Thailand

2.2 Thailand Beer Industry Operation Status 2018-2022

2.2.1 Thailand Beer Industry Production Status

2.2.2 Thailand Beer Industry Sales Status

2.2.3 Thailand Beer Industry Import and Export Status

2.3 Major Beer Production and Trading Companies in Thailand

3 Analysis of the Philippine Beer Industry

3.1 Development Environment of the Philippine Beer Industry

3.1.1 Geography

3.1.2 Population

3.1.3 Economy

3.1.4 Minimum Wage in the Philippines

3.2 Philippine Beer Industry Operation Status 2018-2022

3.2.1 Production Status of Beer Industry in the Philippines

3.2.2 Sales Status of Beer Industry in Philippines

3.2.3 Philippine Beer Industry Import and Export Status

3.3 Major Beer Production and Trading Companies in Philippines

4 Analysis of the Malaysian Beer Industry

4.1 Malaysia Beer Industry Development Environment

4.1.1 Geography

4.1.2 Population

4.1.3 Economy

4.1.4 Minimum Wage in Malaysia

4.2 Malaysia Beer Industry Operation Status 2018-2022

4.2.1 Malaysia Beer Industry Production Status

4.2.2 Malaysia Beer Industry Sales Status

4.2.3 Malaysia Beer Industry Import and Export Status

4.3 Major Beer Production and Trading Companies in Malaysia

5 Indonesia Beer Industry Analysis 

5.1 Development Environment of Indonesia Beer Industry

5.1.1 Geography

5.1.2 Population

5.1.3 Economy

5.1.4 Minimum Wage in Indonesia

5.2 Indonesia Beer Industry Operation Status 2018-2022

5.2.1 Indonesia Beer Industry Production Status

5.2.2 Indonesia Beer Industry Sales Status

5.2.3 Indonesia Beer Industry Import and Export Status

5.3 Major Beer Production and Trading Companies in Indonesia

6 Vietnam Beer Industry Analysis 

6.1 Development Environment of Vietnam’s Beer Industry

6.1.1 Geography

6.1.2 Population

6.1.3 Economy

6.1.4 Minimum Wage in Vietnam

6.2 Vietnam Beer Industry Operation Status 2018-2022

6.2.1 Vietnam Beer Industry Production Status

6.2.2 Vietnam Beer Industry Sales Status

6.2.3 Vietnam Beer Industry Import and Export Status

6.3 Major Beer Production and Trading Enterprises in Vietnam

7 Myanmar Beer Industry Analysis

7.1 Development Environment of Myanmar Beer Industry

7.1.1 Geography

7.1.2 Population

7.1.3 Economy

7.1.4 Myanmar Minimum Wage

7.2 Myanmar Beer Industry Operation Status 2018-2022

7.2.1 Myanmar Beer Industry Production Status

7.2.2 Myanmar Beer Industry Sales Status

7.2.3 Import and Export Status of Myanmar Beer Industry

7.3 Major Beer Producers and Traders in Myanmar

8 Brunei Beer Industry Analysis

8.1 Development Environment of Brunei Beer Industry

8.1.1 Geography

8.1.2 Population

8.1.3 Economy

8.1.4 Brunei Minimum Wage

8.2 Brunei Beer Industry Operation 2018-2022

8.2.1 Brunei Beer Industry Production Status

8.2.2 Brunei Beer Industry Sales Status

8.2.3 Brunei Beer Industry Import and Export Status

8.3 Major Beer Producers and Traders in Brunei

9 Laos Beer Industry Analysis 

9.1 Development Environment of Lao Beer Industry

9.1.1 Geography

9.1.2 Population

9.1.3 Economy

9.1.4 Minimum Wage in Laos

9.2 Lao Beer Industry Operation Status 2018-2022

9.2.1 Production Status of the Lao Beer Industry

9.2.2 Laos Beer Industry Sales Status

9.2.3 Lao Beer Industry Import and Export Status

9.3 Major Beer Producers and Traders in Laos

10 Analysis of the Beer Industry in Cambodia

10.1 Development Environment of Cambodia’s Beer Industry

10.1.1 Geography

10.1.2 Population

10.1.3 Economy

10.1.4 Minimum Wage in Cambodia

10.2 Cambodia Beer Industry Operation Status 2018-2022

10.2.1 Production Status of the Beer Industry in Cambodia

10.2.2 Cambodia Beer Industry Sales Status

10.2.3 Cambodia Beer Industry Import and Export Status

10.3 Major Beer Producers and Traders in Cambodia

11 Southeast Asia Beer Industry Outlook 2023-2032

11.1 Analysis of Factors Affecting the Development of Beer Industry in Southeast Asia

11.1.1 Favorable Factors

11.1.2 Unfavorable Factors

11.2 Southeast Asia Beer Industry Supply Forecast 2023-2032

11.3 Southeast Asia Beer Industry Manufacturing Market Demand Forecast 2023-2032

11.4 Impact of COVID -19 Epidemic on the Beer Industry

The post Research Report on Southeast Asia Beer Industry 2023-2032 first appeared on CRI Report.