Market Overview:
The global Japanese whisky market is expected to register a CAGR of 5.5% during the forecast period, 2018-2030. The market growth can be attributed to the increasing demand for premium whiskies and rising disposable income of consumers across the globe. Additionally, the growing popularity of Japanese whisky among millennials is also propelling the growth of this market. On-trade segment is anticipated to hold a dominant share in terms of revenue in 2018 and is projected to grow at a CAGR of 5.8% over the forecast period. This can be attributed to increase in number bars and restaurants that are offering Japanese whisky as an alcoholic drink option for their customers.
Product Definition:
The definition of Japanese whisky is a type of whisky that is produced in Japan. The importance of Japanese whisky is that it has become increasingly popular in recent years, and has won numerous awards for its high quality.
Off-Trade:
Off-trade is the term used to define sales of products other than that of the company's in which a store operates. In Japan, off-trade sales are estimated at USD 3,14 billion and are expected to grow at an estimated CAGR of XX% from 2016 to 2024. The growth can be attributed mainly due to increasing consumption by tourists and younger population groups as well as rising disposable income levels among consumers in general.
On-Trade:
On-trade is the term used for promotion and advertising of alcoholic beverages in bars, restaurants or hotels. In Japan, on-trade promotions are done by Distilleries themselves through their own brand which is called as On The Fly (OTO).
In Japan, there are no restrictions on alcohol sales; however it has been reported that the number of young people drinking has decreased significantly over the past few years.
Application Insights:
The commercial application segment dominated the overall Japanese whisky market, accounting for a share of over 60.0% in 2017. The growing popularity of bars and pubs as social gathering places has been a key factor driving product demand in this segment. Residential application is expected to be the fastest-growing segment at an estimated CAGR of XX% from 2018 to 2030 owing to increasing interest among consumers towards premium products with complex flavors and aromas that are suitable for cocktails and mixed drinks preparation.
Japanese whisky is gaining popularity as an ingredient in home cooking due to its rich flavor that enhances sauces, soups, stews.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and accounted for more than 45% of the total share. The region is expected to continue its dominance over the forecast period, with Japan accounting for a major share of global sales. This can be attributed to increasing demand from China and India as well as other Southeast Asian countries.
Increasing number of Japanese whisky distilleries has also contributed significantly to regional growth, with Suntory being one of the largest owners in Japan along with Beam Inc., which owns Jim Beam Brands LLC and Maker's Mark bourbon whiskey. In addition, many international companies have invested in Japanese whisky industry such as Diageo Plc., Pernod Ricard SA (makers of absinthe) or Hine Honey Wine Co Ltd among others due to high potentiality for growth within this region at present stage is expected to boost sales further over next eight years till 2030 time frame.
Growth Factors:
- Increasing demand from young adults and women
- Growing popularity of Japanese whisky in overseas markets
- Innovative marketing and advertising by distilleries
- Expansion of whisky-focused bars and restaurants
- Increased focus on quality by distilleries
Scope Of The Report
Report Attributes
Report Details
Report Title
Japanese Whisky Market Research Report
By Type
Off-Trade, On-Trade
By Application
Residential, Commercial
By Companies
Suntory Holdings Limited, Nikka Whisky Distilling Co., Ltd.(Asahi Breweries, Ltd.), Chichibu Distillery, Venture Whisky, Ltd., Flaviar, Louisville Distilling Company, JF Hillebrand Japan KK, Hombo Shuzo Co Ltd, Yoshino Spirits, Yoichi Distillery
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
169
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Japanese Whisky Market Report Segments:
The global Japanese Whisky market is segmented on the basis of:
Types
Off-Trade, On-Trade
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Suntory Holdings Limited
- Nikka Whisky Distilling Co., Ltd.(Asahi Breweries, Ltd.)
- Chichibu Distillery
- Venture Whisky, Ltd.
- Flaviar
- Louisville Distilling Company
- JF Hillebrand Japan KK
- Hombo Shuzo Co Ltd
- Yoshino Spirits
- Yoichi Distillery
Highlights of The Japanese Whisky Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Off-Trade
- On-Trade
- By Application:
- Residential
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Japanese Whisky Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Japanese whisky is a type of whisky that is made in Japan.
Some of the major players in the japanese whisky market are Suntory Holdings Limited, Nikka Whisky Distilling Co., Ltd.(Asahi Breweries, Ltd.), Chichibu Distillery, Venture Whisky, Ltd., Flaviar, Louisville Distilling Company, JF Hillebrand Japan KK, Hombo Shuzo Co Ltd, Yoshino Spirits, Yoichi Distillery.
The japanese whisky market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Japanese Whisky Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Japanese Whisky Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Japanese Whisky Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Japanese Whisky Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Japanese Whisky Market Size & Forecast, 2020-2028 4.5.1 Japanese Whisky Market Size and Y-o-Y Growth 4.5.2 Japanese Whisky Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Off-Trade
5.2.2 On-Trade
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Japanese Whisky Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Japanese Whisky Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Off-Trade
9.6.2 On-Trade
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Commercial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Off-Trade
10.6.2 On-Trade
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Commercial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Off-Trade
11.6.2 On-Trade
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Commercial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Off-Trade
12.6.2 On-Trade
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Commercial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Off-Trade
13.6.2 On-Trade
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Commercial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Japanese Whisky Market: Competitive Dashboard
14.2 Global Japanese Whisky Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Suntory Holdings Limited
14.3.2 Nikka Whisky Distilling Co., Ltd.(Asahi Breweries, Ltd.)
14.3.3 Chichibu Distillery
14.3.4 Venture Whisky, Ltd.
14.3.5 Flaviar
14.3.6 Louisville Distilling Company
14.3.7 JF Hillebrand Japan KK
14.3.8 Hombo Shuzo Co Ltd
14.3.9 Yoshino Spirits
14.3.10 Yoichi Distillery