Press release
Indonesia Alcoholic Drinks Market Size, Market Revenue, Market Trends & Market Outlook to 2029
Factors Affecting Growth
• The growing tourism and hospitality sector are driving bulk sales of alcohol. In 2024 Indonesia saw more than 10 million international visitors, with Bali, Jakarta and Lombok being the top 3 destinations. This is creating demand for high end spirits and imported wines, with over 40% increase in alcohol sales in high end restaurants and beach clubs.
• Consumers are moving towards premium and craft brands, driven by increasing disposable income and urban lifestyle. In 2024 premium beverages grew over 30% with younger consumers especially millennials and Gen Z being the biggest consumers.
• The government of Indonesia is promoting exports of locally produce alcohol. In 2024, export of alcoholic beverage crossed USD 15 million. This is encouraging brands to produce Indonesian-branded craft spirits and beers locally to meet the growing demand of both domestic and international market.
• Rising e-commerce and digital platforms are increasing the online sales of alcohol, with more than 20% of total alcohol sales were made online in 2024. The online sale of alcohol is increasing in major cities where delivery laws are more relaxed.
Request Free Sample Report @ https://www.tracedataresearch.com/sample-report/indonesia-alcoholic-drinks-market
Competition Dynamics
The Indonesia alcoholic drinks market is concentrated with few key players dominating the market. The major players of the market include Multi Bintang Indonesia, Heineken, and PT. Dima Indonesia. Multi Bintang is a leading player of beer segment and has witness over 18% increase in sales for its popular Bintang Beer in 2024. The company has recently launched a new craft beer line and has solidify its position with extensive distribution network across urban and tourist regions. Heineken focuses on premium beer offerings and has expanded its craft beer range. The brand has introduced a new marketing campaign which resulted in over 10% growth of sales in 2024. PT. Dima is known for distributing major international alcoholic drinks and is benefited from the rising demand for its premium spirits among high-end restaurants and bars. In 2024, the brand reported more than 20% increase in premium spirits sales among urban areas. In upcoming years, market will witness increasing entry of new craft beer producers offering premium spirits.
Get an In-Depth Research Analysis of the Indonesia Alcoholic Drinks Market Size and Forecast [2023-2029] https://www.tracedataresearch.com/industry-report/indonesia-alcoholic-drinks-market
Recent News
December 2024: Ministry of Industry announced efforts to boost exports of locally produced alcoholic beverages due to surplus domestic production and substantial international market potential.
October 2024: Diageo is expanding its production facility in Tabanan, Bali by 8,800 sqm. This development will improve service and distribution across the Asia-Pacific region.
For More Information or Inquiries, Visit @ https://www.tracedataresearch.com/talk-to-us
Future Outlook
Indonesia's alcohol beverage market will continue to grow through 2029 driven by tourism, changing consumer preference and evolving government regulation. Premium drinks are on the rise; beer remains the favourite among consumers. The market will also witness more small-batch distilleries and boutique breweries to cater niche preferences. The trend of E-commerce and online sales will continue to improve accessibility and convenience among consumers. The consumers will continue shifting towards health-conscious drinks, with low-alcohol and alcohol-free beverages expected to increase by more than 35% by 2029. The environmental concern among consumers will be intense, causing them to changing their preferences. About 80% of brands will adopt renewable energy like solar or wind powers by 2029 to reduce their environmental footprint.
Consultant at TraceData Research In their latest publication "Indonesia Alcoholic Drinks Market Outlook to 2029: By Beverage type (Beer, Spirits (Whisky, Vodka, Rum, Gin), Wine, Others), By Price points (Luxury, Mid-range, Economy), and By Distribution Channels (Supermarkets, Speciality liquor stores, Online platforms, Bar and restaurants)" believe that brands should leverage e-commerce and establish local production hubs to dominate the market.
Explore Our Other Related Report by Trace Data: -
Singapore Alcoholic Drinks Market -https://www.tracedataresearch.com/industry-report/singapore-alcoholic-drinks-market
Thailand Alcoholic Drinks Market -https://www.tracedataresearch.com/industry-report/thailand-alcoholic-drinks-market
Contact Us: -
TraceData Research
sales@tracedataresearch.com
+91 9266849840
106A, Adarsh Vihar, New Pac Lines, Kanpur Nagar, Uttar Pradesh, India, 208015
TraceData Research is a full-stack market research company founded by research professionals with over 15 years of industry experience. The company is recognized for its proprietary methodologies, deep consumer understanding, high-quality research, and entrepreneurial mindset.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Indonesia Alcoholic Drinks Market Size, Market Revenue, Market Trends & Market Outlook to 2029 here
News-ID: 4094225 • Views: …
More Releases from Trace Data Research
Product Go To Market Strategy | Go To Market Strategy Tools : TraceData Research
Client Background
The client is a rapidly scaling electric mobility startup focused on two-wheeler EVs for urban and semi-urban markets in India. Backed by institutional investors, the company had built a strong product portfolio and was gearing up for aggressive expansion. Their core business model relied on a pan-India dealer network to drive vehicle adoption, brand visibility, and after-sales service support. Despite having a solid value proposition brand struggled to gain…
Improved Shift Productivity By 37% Using Tracedata's People Analytics in Manufac …
Client Overview
Our client is a leading automotive parts manufacturer based in India. They operate four large scale production units, employing 5000+ workers. The business is globally recognised for delivering precision engineered components top-tier automobile OEMs across Asia and Europe. Despite strong process automation, the business was facing inconsistent productivity across shifts, particularly during night operations and rotational duties.
Challenges They Faced
The client faced several persistent people-related challenges that affected shift productivity…
Auto Manufacturer Saves 14% On Direct Material Costs with TraceData Research-Dri …
Client Background
The client is a tier-1 automotive component manufacturer supplying to leading OEMs across North America and Europe. With a complex global supply chain and a wide range of direct material inputs, the client faced growing pressure to optimize sourcing decisions without compromising on quality or compliance. Their procurement team had historically relied on legacy vendor relationships and internal cost benchmarks but was now seeking a more data-backed, agile…
How An FMCG Brand Achieved 7% Higher Margins And 2x Customer Loyalty with Traced …
Client Background
A well-established FMCG brand operating across multiple personal care and household categories in India. The client had strong distribution in urban markets and growing traction in Tier 2 cities. Despite premium packaging and product quality, pricing inconsistencies across SKUs were undermining both profitability and customer loyalty.
Challenges They Faced
Despite high brand recall, the client faced following challenges:
• Chronic discounting pressure, especially during monthly and festival sales cycles
• Eroding contribution margins, with up…
More Releases for Indonesia
Indonesia Oil and Gas Market Size, Share Projections 2031 by Key Manufacturer- P …
USA, New Jersey: According to Verified Market Research analysis, the global Indonesia Oil and Gas Market size was valued at USD 281.50 Billion in 2024 and is projected to reach USD 499.94 Billion by 2032, growing at a CAGR of 7.66% during the forecast period 2026-2032.
What is the current outlook and growth potential of the Indonesia Oil and Gas Market?
The Indonesia Oil and Gas Market is showing signs of gradual…
Indonesia Amino Acid Fertilizer Market Anticipated for Positive Growth by 2031 | …
Indonesia Amino Acid Fertilizer Market Research Report By DataM Intelligence: A comprehensive analysis of current and emerging trends provides clarity on the dynamics of the Indonesia Amino Acid Fertilizer market. The report employs Porter's Five Forces model to assess key factors such as the influence of suppliers and customers, risks posed by different entities, competitive intensity, and the potential of emerging entrepreneurs, offering valuable insights. Additionally, the report presents research…
MICE Market to Witness Massive Growth with PT Pamerindo Indonesia, GEM INDONESIA
HTF MI Published the Latest Global MICE Market Study that provides by in-depth analysis of the current scenario, the Market size, demand, growth pattern, trends, and forecast. Revenue for MICE Market has grown substantially over the six years to 2022 as a result of strengthening macroeconomic conditions and healthier demand, however with current economic slowdown Industry Players are seeing the big impact in operations and identifying ways to keep momentum.…
Overview of Indonesia MICE Market | SHIFTinc, Venuerific Indonesia, Werkudara Gr …
Astute Analytica, a leading provider of market research and analysis, released its highly anticipated Market Analysis Report on the Indonesia MICE Market. This comprehensive report aims to equip businesses with invaluable insights and data, enabling them to make informed decisions and stay one step ahead of the competition.
Access the Comprehensive PDF Market Research Analysis Report Here: https://www.astuteanalytica.com/request-sample/indonesia-mice-market
Indonesia MICE Market was valued at US$ 2,095.95 million in 2022 and is…
Clinical Laboratory Market in Indonesia, Clinical Laboratory Industry in Indones …
"Increase in healthcare expenditure from the Indonesian government has driven the growth of clinical laboratory market in Indonesia."
Increase in Healthcare Awareness: Largely driven by increase in healthcare spending by aging population (~$ 260 per person by 2050), rising income levels, rising awareness for preventive testing, advanced healthcare diagnostic tests offerings, and central government's healthcare measures.
Developments in Testing and Preference for Evidence based testing: There is also a rising number…
Baby Food Sector in Indonesia Market 2019 By PT Nestlé Indonesia, Danone, PT Ka …
"The Baby Food Sector in Indonesia, 2018", is an analytical report by GlobalData which provides extensive and highly detailed current and future market trends in the Indonesian market.
Dietary habits have inhibited sales of commercially prepared baby foods in Indonesia. With the exception of Jakarta, many Indonesians have a traditional diet, based on rice, fresh fruit, and vegetables, supplemented with meat, although, 80% of the population is Muslim, and do not…
