Based on the data provided, spirits consumption per capita in Thailand is forecasted to be stable in 2024 and 2025 at 4.65 liters of pure alcohol, followed by a gradual increase to 4.68 liters by 2028. If we consider the previous years, 2023 stood at a certain value which serves as a baseline for these forecasts. From 2024 to 2025, there is no change in consumption, while from 2025 to 2026, there is a minimal increase of approximately 0.22%. The yearly increases from 2026 to 2028 maintain a slightly upward trend, reflecting a steady but slow growth progression.
Future trends to watch for:
- Impact of economic conditions on disposable income and luxury spending.
- Regulatory changes affecting alcohol sales and consumption.
- Shifts in consumer preferences towards other types of beverages, such as beer or non-alcoholic options.
- Influence of health and wellness movements on alcohol consumption behavior.
