Forecast: Alcoholic Beverages Market Size Volume Per Capita in Thailand

In 2023, the alcoholic beverages market in Thailand reached a volume of 45.62 kilograms per capita. The forecasted data indicates a gradual increase from 2024 to 2028, starting at 45.91 kilograms per capita in 2024 and rising to 47.05 kilograms per capita by 2028. This upward trend demonstrates a year-on-year growth of approximately 0.65% from 2023 to 2024, with slight but consistent increments each subsequent year.

Year-on-year variations:

• 2024: 0.65%
• 2025: 0.65%
• 2026: 0.61%
• 2027: 0.62%
• 2028: 0.58%

The compound annual growth rate (CAGR) over the five-year forecast period (2024-2028) averages an increase of about 0.62% per year. This steady growth suggests rising consumer preference and consistent demand in the alcoholic beverages market.

Future trends to watch for include potential shifts in consumer preferences towards premium alcoholic beverages, increased health consciousness potentially affecting volume consumption, and the impact of regulatory changes on market dynamics. Additionally, observing the influence of economic factors and tourism trends on the market is essential for a comprehensive understanding of future developments.