Product Code: ETC048319 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Saudi Arabia beer market is estimated to witness a CAGR of around 2.4% during the forecast period, 2025-2031. The increasing population, rising disposable income and growth in tourism are some of the factors driving the growth of this industry. Moreover, growing per capita consumption of alcohol as well as government initiatives to encourage foreign investment in retail outlets are expected to further fuel market growth over the coming years.
Increasing Population with an increasing population base in Saudi Arabia due to immigration and high fertility rates among locals, demand for alcoholic beverages has witnessed an upsurge across the country mainly due to changing lifestyle trends and preferences towards drinking habits among young consumers. This is also expected to drive up sales figures for beer products within the foreseeable future. Growing Disposable Income - Rising disposable incomes have allowed more people in Saudi Arabia access their desired spending capabilities when it comes to luxury items such as wines and beers which were previously not affordable by many households even with increased savings from lower oil prices since 2015-16 onwards.. This factor has provided immense support towards uplifting sales figures for beer markets throughout various parts of Saudi Arabia over recent times significantly contributing towards its overall economic development & prosperity within shorter spans of time frames than before thereby fueling its expansion at a global level too simultaneously henceforth leading onto higher profits generated revenues each passing year ahead hereafter too accordingly.
The strict laws against promotional activities associated with alcoholic beverages poses significant challenges upon international companies trying hard setting foot within local markets where they must adhere strictly enforced governmental regulations failing which will result criminals being charged under law if found guilty which surely affects.
The COVID-19 pandemic has had an adverse impact on the global economy as well as many regions across different industries such as entertainment & lifestyle; however, it should be noted that this situation also presents potential opportunities for some sectors such as online retailing and ecommerce businesses due to increased reliance on digital platforms by customers who are unable or prefer not to visit physical stores due to lockdowns and social distancing measures implemented by governments across the world. In addition, several countries around the world have shifted from using cash payments to contactless payments options resulting in higher transactions through debit/credit cards or mobile wallets leading towards more convenience for customers apart from reducing risk associated with transmission of virus infection via physical money handling processes.. Despite all these factors & initiatives taken up by industry players such as providing home delivery services etc., there could still be significant decline seen in sales volumes mainly because consumers tend to focus more towards essential items instead of non essentials like alcoholic beverages during pandemics times like these when overall economic outlook appears weak globally thus affecting consumer spending power adversely causing reduced demand for products like beers.
Some of the key players operating in Saudi Arabia Beer Market include Anheuser Busch InBev SA/NV (Belgium), Heineken N.V (Netherlands), Kirin Holdings Co Ltd (Japan), Carlsberg A/S (Denmark) , Molson Coors Beverage Company (USA) , Diageo plc.(UK).
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Saudi Arabia Beer Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Beer Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Beer Market - Industry Life Cycle |
3.4 Saudi Arabia Beer Market - Porter's Five Forces |
3.5 Saudi Arabia Beer Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Saudi Arabia Beer Market Revenues & Volume Share, By Category, 2021 & 2031F |
3.7 Saudi Arabia Beer Market Revenues & Volume Share, By By Packaging, 2021 & 2031F |
3.8 Saudi Arabia Beer Market Revenues & Volume Share, By By Production, 2021 & 2031F |
4 Saudi Arabia Beer Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Saudi Arabia Beer Market Trends |
6 Saudi Arabia Beer Market, By Types |
6.1 Saudi Arabia Beer Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Beer Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Saudi Arabia Beer Market Revenues & Volume, By Lager, 2021-2031F |
6.1.4 Saudi Arabia Beer Market Revenues & Volume, By Ale, 2021-2031F |
6.1.5 Saudi Arabia Beer Market Revenues & Volume, By Stout & Porter, 2021-2031F |
6.1.6 Saudi Arabia Beer Market Revenues & Volume, By Malt, 2021-2031F |
6.1.7 Saudi Arabia Beer Market Revenues & Volume, By Others, 2021-2031F |
6.2 Saudi Arabia Beer Market, By Category |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Beer Market Revenues & Volume, By Popular Price, 2021-2031F |
6.2.3 Saudi Arabia Beer Market Revenues & Volume, By Premium, 2021-2031F |
6.2.4 Saudi Arabia Beer Market Revenues & Volume, By Super Premium, 2021-2031F |
6.3 Saudi Arabia Beer Market, By By Packaging |
6.3.1 Overview and Analysis |
6.3.2 Saudi Arabia Beer Market Revenues & Volume, By Glass, 2021-2031F |
6.3.3 Saudi Arabia Beer Market Revenues & Volume, By PET Bottle, 2021-2031F |
6.3.4 Saudi Arabia Beer Market Revenues & Volume, By Metal Can, 2021-2031F |
6.3.5 Saudi Arabia Beer Market Revenues & Volume, By Others, 2021-2031F |
6.4 Saudi Arabia Beer Market, By By Production |
6.4.1 Overview and Analysis |
6.4.2 Saudi Arabia Beer Market Revenues & Volume, By Macro-brewery, 2021-2031F |
6.4.3 Saudi Arabia Beer Market Revenues & Volume, By Micro-brewery, 2021-2031F |
6.4.4 Saudi Arabia Beer Market Revenues & Volume, By Craft Brewery, 2021-2031F |
6.4.5 Saudi Arabia Beer Market Revenues & Volume, By Others, 2021-2031F |
7 Saudi Arabia Beer Market Import-Export Trade Statistics |
7.1 Saudi Arabia Beer Market Export to Major Countries |
7.2 Saudi Arabia Beer Market Imports from Major Countries |
8 Saudi Arabia Beer Market Key Performance Indicators |
9 Saudi Arabia Beer Market - Opportunity Assessment |
9.1 Saudi Arabia Beer Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Saudi Arabia Beer Market Opportunity Assessment, By Category, 2021 & 2031F |
9.3 Saudi Arabia Beer Market Opportunity Assessment, By By Packaging, 2021 & 2031F |
9.4 Saudi Arabia Beer Market Opportunity Assessment, By By Production, 2021 & 2031F |
10 Saudi Arabia Beer Market - Competitive Landscape |
10.1 Saudi Arabia Beer Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Beer Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |