Unleash Your Potential in the Booming ASEAN Pub & Bar Market
The ASEAN alcoholic beverage market is a powerhouse, valued at a staggering US$68 billion in 2023. This market is projected for explosive growth, with a Compound Annual Growth Rate (CAGR) of 6.13% predicted between 2023 and 2027.
By 2027, a significant portion of the market is expected to shift towards out-of-home experiences, with an estimated 34% of spending and a whopping 42% of volume consumption happening in pubs, bars, and restaurants.
Pub & Bar Asia (PBA) 2024: Your Gateway to Success
Capitalize on this lucrative opportunity! Pub & Bar Asia (PBA) 2024 is the premier international trade show designed to connect global suppliers with the thriving pub and bar scene in Thailand and the entire ASEAN region.
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EXECUTIVE SUMMARY
EXECUTIVE SUMMARY The Thai beverage industry heavily depends on the domestic market, accounting for over 79% of total sales. In 2022, the overall production and sales recovered after the COVID-19 pandemic, and economic activities were normal. However, during the first 8 months of 2023, the overall production and sales situation declined due to the purchasing […]
All You Need to Know Before Open a Pub and Bar in Thailand
Thailand continues to be a desirable location for foreign investors, mainly because of its robust tourism industry. As a result, many entrepreneurs seek investment opportunities that can attract local and foreign clients. Opening a bar in Thailand can be an exciting and lucrative business enterprise, […]
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