Asia-Pacific Beer Market, By Country
| Label | USD Billion | China | Japan | India | Australia & New Zealand | Rest of Asia-Pacific |
|---|---|---|---|---|---|---|
| 2020 | 2020 USD Mn | 83.46 USD Mn | 45.51 USD Mn | 28.9 USD Mn | 38.89 USD Mn | 16.69 USD Mn |
| 2021 | 2021 USD Mn | 86.76 USD Mn | 47.25 USD Mn | 30.08 USD Mn | 40.35 USD Mn | 17.26 USD Mn |
| 2022 | 2022 USD Mn | 90.44 USD Mn | 49.19 USD Mn | 31.39 USD Mn | 41.98 USD Mn | 17.89 USD Mn |
| 2023 | 2023 USD Mn | 94.69 USD Mn | 51.43 USD Mn | 32.91 USD Mn | 43.86 USD Mn | 18.63 USD Mn |
| 2024 | 2024 USD Mn | 99.72 USD Mn | 54.09 USD Mn | 34.7 USD Mn | 46.1 USD Mn | 19.51 USD Mn |
| 2025 | 2025 USD Mn | 105.58 USD Mn | 57.2 USD Mn | 36.78 USD Mn | 48.71 USD Mn | 20.55 USD Mn |
| 2026 | 2026 USD Mn | 112.47 USD Mn | 60.85 USD Mn | 39.23 USD Mn | 51.79 USD Mn | 21.77 USD Mn |
| 2027 | 2027 USD Mn | 120.62 USD Mn | 65.18 USD Mn | 42.12 USD Mn | 55.43 USD Mn | 23.21 USD Mn |
| 2028 | 2028 USD Mn | 130.33 USD Mn | 70.33 USD Mn | 45.57 USD Mn | 59.77 USD Mn | 24.94 USD Mn |
| 2029 | 2029 USD Mn | 142 USD Mn | 76.53 USD Mn | 49.7 USD Mn | 64.99 USD Mn | 27.02 USD Mn |
| 2030 | 2030 USD Mn | 156.13 USD Mn | 84.04 USD Mn | 54.72 USD Mn | 71.31 USD Mn | 29.54 USD Mn |
Data Source: Wantstats Repository
Growth Outlook
- The Pacific Beer Market, By Country portion of the Asia market is on a steady long-term growth path. Segment value stands at roughly USD 2312 Mn in 2026 and is projected to reach USD 2426 Mn by 2030 — a gain of about 5% over the forecast period, translating to a CAGR in the low single digits.
- The Asia-Pacific beer market is a dynamic and growing industry, with demand from various countries in the region driving its success. As one of the largest and most diverse alcohol markets in the world, the region has seen an increasing demand for beer in recent years.
- What the regional split looks like (2026): USD Billion leads, holding roughly 88% of segment value — the single largest regional share. China is the second-largest contributor. Japan, Australia & New Zealand, India and Rest of Asia-Pacific make up the remainder, in descending order.
- By 2030, USD Billion alone is expected to reach USD 2030 Mn, with China at USD 156 Mn.
Market Dynamics
The Asia-Pacific beer market is a dynamic and growing industry, with demand from various countries in the region driving its success. As one of the largest and most diverse alcohol markets in the world, the region has seen an increasing demand for beer in recent years. One of the major factors driving this demand is the changing demographics and lifestyle of the population in countries such as China, India, Japan, and South Korea. As these countries continue to develop and their economies grow, there has been a rise in disposable income and a shift towards more Westernized lifestyles. This has led to a greater acceptance and consumption of beer, which is seen as a more affordable and accessible option compared to other types of alcohol. In addition, the rising popularity of beer among the younger generation in these countries has also contributed to the demand for beer. Millennials and Gen Z consumers, in particular, are embracing the global drinking culture and are seeking out new and unique beer flavors and experiences.
This has led to an increase in demand for craft beers and imported beers, especially from countries such as Japan and South Korea, which are known for their high-quality and diverse beer options. Moreover, the Asia-Pacific region is also witnessing a growing tourism industry, with more people traveling for business and leisure purposes. This has also played a role in driving the demand for beer, as many tourists are interested in trying the local and traditional beers of the countries they visit. Another major factor contributing to the demand for beer in Asia-Pacific is the increasing availability of beer in retail stores and e-commerce platforms. With the rise of online shopping and the convenience it offers, consumers can easily access a wide variety of beers from different countries. This has not only increased the consumption of beer but also promoted a culture of exploring and experimenting with different beer brands and styles. In conclusion, the demand for beer in the Asia-Pacific region is driven by a combination of factors such as changing demographics, growing tourism, and increasing availability and accessibility.
As the region continues to develop and evolve, the demand for beer is expected to grow even further, making it a lucrative market for both local and international beer companies.
Research Methodology
Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2024.
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