Asia Pacific Beer Market to Reach US$220.3 bn by 2020, Fuelled by Increasing Disposable Income

Asia Pacific Beer Market to Reach US$220.3 bn by 2020, Fuelled by Increasing Disposable Income

  • Submitted By: amyjames
  • Date Submitted: 11/24/2015 9:44 PM
  • Category: Business
  • Words: 1310
  • Page: 6

Transparency Market
Research

Asia Pacific Beer Market - Industry Analysis, Size, Share, Growth, Trends
and Forecast, 2014 – 2020

Published Date
21-07-2014

62 Page Report

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Press Release
Asia Pacific Beer Market to Reach US$220.3 bn by 2020, Fuelled by
Increasing Disposable Income

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Asia Pacific Beer Market

REPORT DESCRIPTION

Despite the implementation of several government regulations to curb alcohol consumption, particularly
among youngsters, the Asia Pacific beer market is likely to exhibit positive growth at a 5.0% CAGR between
2014 and 2020. In a recently released report, Transparency Market Research has pegged the value of the
Asia Pacific beer market at US$155.9 bn in 2013. By the end of 2020, the market will reach US$220.3 bn
according to the report.
Browse Full Asia Pacific Beer Market Report With Complete TOC @
http://www.transparencymarketresearch.com/asia-pacific-beer-market.html
Asia Pacific Beer Market Capitalizes on Rapid Urbanization
The Asia Pacific beer industry has exhibited impressive growth over the past five years, with countries such
as China, India, Vietnam, South Korea, Singapore, and Japan experiencing a significant rise in overall sales
volume. Due to rapid urbanization and rising disposable income across the aforementioned countries,
many brands are experiencing tremendous success in the Asia Pacific beer market. Several factors have
aided this exponential rise in beer consumption in the Asia Pacific region. Likewise, the incessant
popularity of craft beer has paved the way for a new generation of brewers to dominate the market. The
rise of the beer market in the Asia Pacific region has been a phenomenal success story. Right from their
start to the annual sales, beer companies in the region...

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