Market by Product, Distributors, and Country | Forecast 2021-2028
Triton’s
research report predicts that the Asia-Pacific tequila market is set to display
growth at a compound annual growth rate of 4.98% during the forecasted years
2021-2028.
Report scope can be customized per your requirements. Request For Customization
The
countries assessed in this market include:
• India
• China
• Japan
• Australia & New Zealand
• South Korea
• ASEAN countries
• Rest of Asia-Pacific
In
China, tequila is gaining immense popularity, especially Mexican tequila. As a
result, several Mexican distillers are expanding in the country. Other than
this, the trade volumes between these two nations have soared, owing to the
uplift of the ban on the import of premium tequila by the government.
Furthermore, the rise in social lifestyles has increased the consumption of
alcoholic drinks. Besides, the inclination of consumers to know about
international spirits and reinvented bar culture significantly contributes to
the growth of the tequila market within China.
Furthermore,
Japan has emerged as the second export country for Mexican tequilas. Moreover,
Cuervo Tequila is widely consumed among the country’s consumers. On the other
hand, a traditional local spirit drink, soju, is struggling to gain the
attention of young adults. These consumers are primarily inclined towards new
flavors and spirits from western nations. This has increased the demand for
tequila across the country. Thus, as mentioned above, these factors are
augmenting the growth of the tequila market across Japan.
Asahi
Group Holding is involved in the manufacturing and marketing of alcoholic
beverages and food products. Its product portfolio includes whiskey, spirits,
wine, RTD coffee, and others. Additionally, the company provides
confectioneries, pharmaceuticals, baby products, and other food products for
its wide consumer base. These products are marketed under multiple brands,
including Asahi Style Free, Mitsuya, and Asahi Super Dry. Besides, Asahi offers
transportation and distribution services across various countries, with
headquarters in Tokyo, Japan.
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VIEW REPORT1. ASIA-PACIFIC
TEQUILA MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1. IMPACT
OF COVID-19 ON TEQUILA MARKET
2.2. KEY
INSIGHTS
2.2.1. TEQUILA
BRANDS SUPPORTING WOMEN EMPOWERMENT
2.2.2. TEQUILA’S
EVOLUTION AS A DRINK
2.3. PORTER’S
FIVE FORCES ANALYSIS
2.3.1. THREAT
OF NEW ENTRANTS
2.3.2. THREAT
OF SUBSTITUTES
2.3.3. BARGAINING
POWER OF BUYERS
2.3.4. BARGAINING
POWER OF SUPPLIERS
2.3.5. THREAT
OF COMPETITIVE RIVALRY
2.4. MARKET
ATTRACTIVENESS INDEX
2.5. VENDOR
SCORECARD
2.6. KEY
MARKET STRATEGIES
2.6.1. ACQUISITIONS
2.6.2. PRODUCT
LAUNCHES
2.6.3. CONTRACTS
& AGREEMENTS
2.6.4. INVESTMENTS
& EXPANSIONS
2.7. MARKET
DRIVERS
2.7.1. GROWING
PREFERENCE FOR PREMIUM TEQUILA
2.7.2. INTRODUCTION
OF NEW EXPERIMENTAL FLAVORS
2.7.3. CHANGING
PERCEPTION OF TEQUILA DUE TO HEALTH BENEFITS
2.8. MARKET
CHALLENGES
2.8.1. RISING
RAW MATERIAL COSTS
2.8.2. ANTI-ALCOHOL
CAMPAIGNS
2.9. MARKET
OPPORTUNITIES
2.9.1. RISING
NUMBER OF TEQUILA STARTUPS
2.9.2. INFLUENCE
OF CRISTALINO TEQUILA
3. ASIA-PACIFIC
TEQUILA MARKET OUTLOOK - BY PRODUCT
3.1. VALUE
3.2. PREMIUM
3.3. SUPER
PREMIUM
3.4. HIGH-END
PREMIUM
4. ASIA-PACIFIC
TEQUILA MARKET OUTLOOK - BY DISTRIBUTORS
4.1. SUPERMARKETS
& HYPERMARKETS
4.2. LIQUOR
SPECIALIST STORES
4.3. ONLINE
RETAILING
4.4. OTHER
DISTRIBUTORS
5. ASIA-PACIFIC
TEQUILA MARKET – REGIONAL OUTLOOK
5.1. CHINA
5.2. JAPAN
5.3. INDIA
5.4. SOUTH KOREA
5.5. ASEAN
COUNTRIES
5.6. AUSTRALIA
& NEW ZEALAND
5.7. REST
OF ASIA-PACIFIC
6. COMPETITIVE
LANDSCAPE
6.1. ANHEUSER
BUSCH INBEV
6.2. ASAHI
GROUP HOLDINGS LTD
6.3. BACARDI
AND CO LTD
6.4. BEAM
SUNTORY INC
6.5. BROWN FORMAN
CORPORATION
6.6. CONSTELLATION
BRANDS
6.7. DIAGEO
PLC
6.8. E AND J
GALLO WINERY INC
6.9. JOSE
CUERVO
6.10. LA
MARTINIQUAISE
6.11. LUXCO
INC
6.12. PERNOD
RICARD SA
6.13. SAZERAC
COMPANY INC
6.14. TEQUILA
CENTINELA
7. RESEARCH
METHODOLOGY & SCOPE
7.1. RESEARCH
SCOPE & DELIVERABLES
7.2. SOURCES
OF DATA
7.3. RESEARCH
METHODOLOGY
TABLE 1: ASIA-PACIFIC TEQUILA MARKET,
BY COUNTRY, 2021-2028 (IN $ MILLION)
TABLE 2: VENDOR SCORECARD
TABLE 3: TEQUILA EXPORT
COUNTRIES IN 2020 (LITERS IN MILLIONS)
TABLE 4: ASIA-PACIFIC TEQUILA
MARKET, BY PRODUCT, 2021-2028 (IN $ MILLION)
TABLE 5: ASIA-PACIFIC TEQUILA
MARKET, BY DISTRIBUTORS, 2021-2028 (IN $ MILLION)
TABLE 6: ASIA-PACIFIC TEQUILA
MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)
FIGURE 1: MARKET
ATTRACTIVENESS INDEX
FIGURE 2: ASIA-PACIFIC TEQUILA
MARKET, BY PRODUCT, 2020 & 2028 (IN %)
FIGURE 3: ASIA-PACIFIC TEQUILA
MARKET, BY VALUE, 2021-2028 (IN $ MILLION)
FIGURE 4: ASIA-PACIFIC TEQUILA
MARKET, BY PREMIUM, 2021-2028 (IN $ MILLION)
FIGURE 5: ASIA-PACIFIC TEQUILA
MARKET, BY SUPER PREMIUM, 2021-2028 (IN $ MILLION)
FIGURE 6: ASIA-PACIFIC TEQUILA
MARKET, BY HIGH-END PREMIUM, 2021-2028 (IN $ MILLION)
FIGURE 7: ASIA-PACIFIC TEQUILA
MARKET, BY DISTRIBUTORS, 2020 & 2028 (IN %)
FIGURE 8: ASIA-PACIFIC TEQUILA
MARKET, BY SUPERMARKETS & HYPERMARKETS, 2021-2028 (IN $ MILLION)
FIGURE 9: ASIA-PACIFIC TEQUILA
MARKET, BY LIQUOR SPECIALIST STORES, 2021-2028 (IN $ MILLION)
FIGURE 10: ASIA-PACIFIC
TEQUILA MARKET, BY ONLINE RETAILING, 2021-2028 (IN $ MILLION)
FIGURE 11: ASIA-PACIFIC
TEQUILA MARKET, BY OTHER DISTRIBUTORS, 2021-2028 (IN $ MILLION)
FIGURE 12: ASIA-PACIFIC
TEQUILA MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)
FIGURE 13: CHINA TEQUILA
MARKET 2021-2028 (IN $ MILLION)
FIGURE 14: JAPAN TEQUILA
MARKET 2021-2028 (IN $ MILLION)
FIGURE 15: INDIA TEQUILA
MARKET 2021-2028 (IN $ MILLION)
FIGURE 16: SOUTH KOREA TEQUILA
MARKET 2021-2028 (IN $ MILLION)
FIGURE 17: ASEAN COUNTRIES
TEQUILA MARKET 2021-2028 (IN $ MILLION)
FIGURE 18: AUSTRALIA & NEW
ZEALAND TEQUILA MARKET 2021-2028 (IN $ MILLION)
FIGURE 19: REST OF
ASIA-PACIFIC TEQUILA MARKET 2021-2028 (IN $ MILLION)