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?