Hong Kong Beer Market 2024

The Hong Kong beer market is poised for slight advancement, with expectations of rising from USD 1,124.4 million in 2023 to USD 1,481.2 million by 2029, capturing a CAGR of 4.7% during the forecast period. Hong Kong’s beer market is benefiting from increasing demand for premium and craft beers, driven by the growing middle class and cosmopolitan nature of the region. Rising health consciousness has led to a greater interest in low-alcohol and alcohol-free beer options. As an international hub, Hong Kong is also a significant market for imported beers, which contribute to the diversity of available products.

This report provides a thorough assessment of the Hong Kong beer industry, presenting key market data including historical performance, growth trends, and future outlooks. It delves into various market segments and sub-segments, with a focus on important factors like product type, category, packaging and distribution channel. Through this detailed assessment, the report helps uncover the growth potential of the beer industry.

Market Segmentation

The Hong Kong beer market is categorized into the following segments:
Product type: ale, weissbier, lager, no-/low-alcohol beer, stout
Category: craft, non-craft
Packaging: glass bottles, aluminum cans, others
Distribution channel: convenience stores, supermarkets and hypermarkets, food and drinks stores, grocery stores, bars and HoReCa, e-commerce, others

The Hong Kong beer market is categorized by product type, category, packaging and distribution channel. The categorization of the market by product type includes ale, weissbier, lager, no-/low-alcohol beer, and stout. Category segmentation includes craft, and non-craft. Packaging segments encompass glass bottles, aluminum cans, and others. Distribution channel segmentation includes convenience stores, supermarkets and hypermarkets, food and drinks stores, grocery stores, bars and HoReCa, e-commerce, and others.

Competitive Landscape

The beer market is largely dominated by key players such as Young Master Brewery, Tsingtao Brewery Co. Ltd., Thai Beverage Public Company Limited, Sapporo Holdings Limited, San Miguel Corporation, Privatbrauerei ERDINGER Weisbrau Werner Brombach GmbH, Kirin Holdings Co. Ltd., Jebsen & Co. Ltd., HITEJINRO CO. LTD., Heineken N.V., Gweilo Beer (HK) Ltd., Diageo plc, Carlsberg A/S, Blue Ribbon Intermediate Holdings LLC, Beijing Yanjing Beer Group Corporation, Asahi Group Holdings Ltd. and AB InBev.

This comprehensive report analyzes the performance of leading companies in the beer sector from 2019 to 2023. The findings highlight shifts in market share, revealing both established market leaders and emerging competitors.

Why Buy This Report?

Obtain precise statistical data and forecasts for the Hong Kong beer market.
Gain in-depth analysis and forecasts for the key segments of the Hong Kong beer market: product type, category, packaging and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Hong Kong beer market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Hong Kong beer market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
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Table of Contents

TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Hong Kong Beer Market – Product Type Analysis
Hong Kong Beer Market – Category Analysis
Hong Kong Beer Market – Packaging Analysis
Hong Kong Beer Market – Distribution Channel Analysis
Key Players and Market Share
– Young Master Brewery
– Tsingtao Brewery Co., Ltd.
– Thai Beverage Public Company Limited
– Sapporo Holdings Limited
– San Miguel Corporation
– Privatbrauerei ERDINGER Weisbrau Werner Brombach GmbH
– Kirin Holdings Co., Ltd.
– Jebsen & Co. Ltd.
– HITEJINRO CO., LTD.
…
Macroeconomic Data and Forecast
Disclaimer

FIGURES AND TABLES
Table Hong Kong Beer Market 2019-2029
Chart Hong Kong Beer Market, Net Growth, 2019-2029
Chart Hong Kong Beer Market, Growth Rates, 2019-2029
Table Hong Kong Beer Market by Product Type, 2019-2029
Chart Hong Kong Beer Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Hong Kong Beer Market by Product Type, 2019-2029
Table Hong Kong Beer Market by Category, 2019-2029
Chart Hong Kong Beer Market by Category, CAGR Historic and Forecast, 2019-2029
Chart Hong Kong Beer Market by Category, 2019-2029
Table Hong Kong Beer Market by Packaging, 2019-2029
Chart Hong Kong Beer Market by Packaging, CAGR Historic and Forecast, 2019-2029
Chart Hong Kong Beer Market by Packaging, 2019-2029
Table Hong Kong Beer Market by Distribution Channel, 2019-2029
Chart Hong Kong Beer Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Hong Kong Beer Market by Distribution Channel, 2019-2029
Table Hong Kong Beer Market Share (%), by Companies, 2019-2023
Chart Hong Kong Beer Market, by Companies, 2023
Table Hong Kong Beer Market Share (%), by Brands, 2019-2023
Chart Hong Kong Beer Market, by Brands, 2023
Table Hong Kong – Population (Millions) and Forecast
Table Hong Kong – Consumer Price Index (CPI) and Forecast
Table Hong Kong – Gross Domestic Product and Forecast
Table Hong Kong Beer Market: Spend as a Proportion of GDP (%)
Table Hong Kong Beer Market: Consumption per Capita (Population)

Companies Mentioned

Young Master Brewery
Tsingtao Brewery Co., Ltd.
Thai Beverage Public Company Limited
Sapporo Holdings Limited
San Miguel Corporation
Privatbrauerei ERDINGER Weisbrau Werner Brombach GmbH
Kirin Holdings Co., Ltd.
Jebsen & Co. Ltd.
HITEJINRO CO., LTD.
Heineken N.V.
Gweilo Beer (HK) Ltd.
Diageo plc
Carlsberg A/S
Blue Ribbon Intermediate Holdings, LLC
Beijing Yanjing Beer Group Corporation
Asahi Group Holdings, Ltd.
AB InBev