Alcoholic drinks in 2023: The big picture
Alcoholic drinks in Taiwan witnessed moderate decline across all metrics in 2023, primarily due to rising inflationary spikes, increased costs in international shipping, and logistics and inventory issues. For local brands, workforce insufficiency is a more significant issue, while increasing shipping costs are more concerning for imported brands.
2023 key trends
Localisation is the new globalisation, and key brands are concentrating on fostering a sense of shared cultural heritage with Taiwanese consumers, particularly in highly competitive categories such as beer. Local player Taiwan Beer seeks to bond with consumers through sports and musical events such as festivals.
Competitive landscape
Local player Taiwan Tobacco & Liquor Corp remained the overall category leader in 2023, offering a wide range of products. This company encompasses almost all alcoholic drink categories and has been striving to appeal to a younger audience through proactive online and offline marketing campaigns in both the on-trade and off-trade channels.
Retailing developments
In 2023, convenience stores continued to represent the largest share of sales of alcoholic drinks, benefiting from close proximity to many Taiwanese consumers. Frequent seasonal promotions helped consolidate this channel’s shares across the country.
On-trade vs off-trade split
Post-pandemic, on-trade distribution of alcoholic drinks in Taiwan increased as local consumers returned to socialising, including in restaurants and bars.
What next for alcoholic drinks?
Alcoholic drinks are set to perform slightly better over the forecast period as the majority of local consumers return to socialising post-pandemic. As inflationary pressures abate, sales may increase.
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Overview:
Understand the latest market trends and future growth opportunities for the Alcoholic Drinks industry in Taiwan with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to the following key categories, where applicable:
- Beer
- Wine
- Spirits
- Cider and Perry
- RTDs
If you're in the Alcoholic Drinks industry in Taiwan, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty
The Alcoholic Drinks in Taiwan report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Alcoholic Drinks in Taiwan?
- Where is consumer demand for Alcoholic Drinks focussed?
- Which is being consumed more; beer, wine or spirits?
- Where is demand growing? Stagnating?
- How is the operating environment for alcoholic drinks changing?
- Which are the leading brands in Taiwan?
- How are products distributed in Taiwan?
- What are the key trends in new product development?
- Do consumers want value for money or added value?
- How will macroeconomic context and shifting cultural values shape future growth?
- How will COVID-19 and recession impact the alcoholic drinks industry?
- Where is future growth expected to be most dynamic?
Alcoholic Drinks in Taiwan
Alcoholic drinks in 2023: The big picture
2023 key trends
Competitive landscape
Retailing developments
On-trade vs off-trade split
What next for alcoholic drinks?
Legislation
Legal purchasing age and legal drinking age
Drink driving
Advertising
Smoking ban
Opening hours
On-trade establishments
Contraband/parallel trade
Duty free
Cross-border/private imports
Outlook
DISCLAIMER
Beer in Taiwan
KEY DATA FINDINGS
Beer registers decline in 2023 due to a range of socioeconomic and behavioural factors
Major and craft brands strive to connect with local consumers
Convenience stores remains the leading retailing channel for beer in 2023
Beer set to register decline due to shrinking consumer base and rising health consciousness among younger consumers
Localisation set to continue intensifying over the forecast period
Sustainable development will remain a key focus for manufacturers
Lager price band methodology
Cider/Perry in Taiwan
KEY DATA FINDINGS
Cider/perry witnesses decline in 2023 as more local consumers shift to non-alcoholic post COVID-19
Ongoing health and wellness trends benefit sales of cider/perry in Taiwan in 2023
Little has changed in the competitive landscape as Heineken Taiwan leads the category once again
Cider/perry will face further competition from other drinks including RTDs over the forecast period
Increase in cider bars is expected to raise awareness of cider/perry
Innovative fruit flavours are expected to benefit cider/perry sales in the years ahead
Rtds in Taiwan
KEY DATA FINDINGS
Increasing demand for low-alcoholic drinks drives growth in RTDs in Taiwan in 2023
Younger consumers seeking new flavours support the category
New packaging design is vital in RTDs to secure new consumers
Busier lifestyles and higher pressure are expected to continue to drive growth in RTDs
Japanese RTDs will continue dominating the category over the forecast period
RTDs is expected to invest in the on-trade channel in the years ahead
Spirits in Taiwan
KEY DATA FINDINGS
Overall category decline in 2023 due to increasing inflationary spikes and budgetary constraints
Younger adult consumers of legal drinking age are target demographic
Spirits are mainly purchased through food/drink/tobacco specialists in Taiwan
Spirits will see little momentum over the forecast period
Increasing popularity of cocktails offers growth potential
Government incentives can support local spirits brands
Vodka, gin, other blended Scotch whisky, dark rum and white rum price band methodology
Wine in Taiwan
KEY DATA FINDINGS
Wine sees decline 2023 due to inflationary spikes and weak purchasing power
Wine benefits from shifting consumer attitudes in Taiwan
Wine mainly purchased through food/drink/tobacco specialists, but other channels benefit from price-consciousness in 2023
Wine is expected to register decline due to shrinking budgets and higher unit prices
Demand for foreign wine is set to increase in the years ahead
Domestic brands face challenges despite government promotions
The following categories and subcategories are included:
Alcoholic Drinks
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- Ale
- Sorghum
- Weissbier/Weizen/Wheat Beer
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- Flavoured/Mixed Lager
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- Domestic Premium Lager
- Imported Premium Lager
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- Domestic Mid-Priced Lager
- Imported Mid-Priced Lager
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- Domestic Economy Lager
- Imported Economy Lager
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-
-
- Domestic Premium Lager
- Domestic Mid-Priced Lager
- Domestic Economy Lager
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- Imported Premium Lager
- Imported Mid-Priced Lager
- Imported Economy Lager
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- Low Alcohol Beer
- Non Alcoholic Beer
- Stout
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- Regular Cider/Perry
- Non Alcoholic Cider/Perry
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- Malt-based RTDs
- Spirit-based RTDs
- Wine-based RTDs
- Other RTDs
- Non Alcoholic RTDs
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- Brandy
- Cognac
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- Bitters
- Cream-based Liqueurs
- Other Liqueurs
- Non Alcoholic Spirits
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- Prestige Dark Rum
- Ultra Premium Dark Rum
- Super Premium Dark Rum
- Premium Dark Rum
- Standard Dark Rum
- Economy Dark Rum
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- Prestige White Rum
- Ultra Premium White Rum
- Super Premium White Rum
- Premium White Rum
- Standard White Rum
- Economy White Rum
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- Tequila (and Mezcal)
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- Bourbon/Other US Whiskey
- Canadian Whisky
- Irish Whiskey
- Japanese Whisky
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- Blended Malt Scotch Whisky
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- Prestige Other Blended Scotch Whisky
- Ultra Premium Other Blended Scotch Whisky
- Super Premium Other Blended Scotch Whisky
- Premium Other Blended Scotch Whisky
- Standard Other Blended Scotch Whisky
- Economy Other Blended Scotch Whisky
- Single Grain Scotch Whisky
- Single Malt Scotch Whisky
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- Other Whiskies
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- Prestige English Gin
- Ultra Premium English Gin
- Super Premium English Gin
- Premium English Gin
- Standard English Gin
- Economy English Gin
- Dutch Gin
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- Prestige Vodka
- Ultra Premium Vodka
- Super Premium Vodka
- Premium Vodka
- Standard Vodka
- Economy Vodka
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- Absinthe
- Ad-Mix Brandy
- Ad-Mix Gin
- Ad-Mix Rum
- Ad-Mix Vodka
- Ad-Mix Whisky
- Aguardente/Aguardiente
- Aguardiente De Caña
- Akvavit/Aquavit
- Aniseed-Flavoured Spirits
- Borovicka
- Boukha
- Brandy Type Distilled Spirits
- Cachaça
- Calvados
- Cane
- Chacha
- Charanda
- Chinese Herbal Spirits
- Chinese Spirits
- Cut Brandy
- Destilados De Agave
- Distilled Fruit Spirits
- Domestic Brandy
- Domestic Rum
- Doppelkorn
- Economy Chinese Spirits
- Flavoured Spirits
- Flavoured Vodka-based Drinks
- Fynbos gin/Local Gin
- Gin-flavoured spirits
- Goldbrand/Goldkrone
- Grappa
- Grappamiel
- Guaro
- Kirsch
- Komovica
- Korn
- Lambanog
- Limoncello
- Local White Spirits
- Lower Mid-Range Chinese Spirits
- Lozovaca
- Maesilju
- Mahia Rabi Amrane
- Mead
- Mixed Spirits
- Nalivka/Nalewka
- Nastoyka
- National Specialities
- Obstbrände
- Ouzo
- Pacharán
- Palinca/Pálinka
- Pear and Apple Distillates
- Pisco
- Premium Chinese Spirits
- Prune
- Punsch
- Rachiu/Rakija
- Rum-Flavoured Spirits
- Samane
- Sambuca
- Samsu
- Schnapps
- Shochu/Soju
- Singani
- Sljivovica/Slivovice
- Steinhäeger
- Strong African Spirits
- Super Premium Chinese Spirits
- Sura Khao
- Tequila Flavoured Spirits
- Travarica
- Tsipouro
- Upper Mid-Range Chinese Spirits
- Vieux
- Viina
- Vodka Type Distilled Spirits
- Other Distilled Beverages
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- Port
- Sherry
- Vermouth
- Other Fortified Wine
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- Apple Wine
- Bokbunjaju
- Cheongju
- Chinese Wine
- Economy Rice Wine
- Fortified Fruit Wine
- Fruit and Berry Wine
- Fruit and Herbal Wine
- Fruit and Honey based Wine
- Fruit Wine
- Lower Mid-Range Rice Wine
- Non-Grape Dessert Wine
- Premium Rice Wine
- Sake
- Takju
- Upper Mid-Range Rice Wine
- Yakju
- Yellow Wine
- Other Non-Grape Wine
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- Champagne
- Other Sparkling Wine
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- Still Red Wine
- Still Rosé Wine
- Still White Wine
- Non Alcoholic Wine
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Alcoholic Drinks
Alcoholic drinks is the aggregation of beer, wine, spirits, cider/perry and RTDs.
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This report originates from Passport, our Alcoholic Drinks research and analysis database.
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