the south east asia market and consumption trends · the south east asia market and consumption...
TRANSCRIPT
![Page 1: The South East Asia Market and Consumption Trends · The South East Asia Market and Consumption Trends PRESENTATION BY KHEAN HOOI GOH AT 10TH WORLD BULK WINE EXHIBITION 26-27 NOVEMBER,](https://reader034.vdocuments.mx/reader034/viewer/2022042303/5ece5370513e37653c4449a3/html5/thumbnails/1.jpg)
The South East Asia Market and Consumption TrendsPRESENTATION BY KHEAN HOOI GOH AT 10TH WORLD BULK WINE EXHIBITION
26-27 NOVEMBER, AMSTERDAM
1
![Page 2: The South East Asia Market and Consumption Trends · The South East Asia Market and Consumption Trends PRESENTATION BY KHEAN HOOI GOH AT 10TH WORLD BULK WINE EXHIBITION 26-27 NOVEMBER,](https://reader034.vdocuments.mx/reader034/viewer/2022042303/5ece5370513e37653c4449a3/html5/thumbnails/2.jpg)
2
Self
Intr
od
uct
ion
![Page 3: The South East Asia Market and Consumption Trends · The South East Asia Market and Consumption Trends PRESENTATION BY KHEAN HOOI GOH AT 10TH WORLD BULK WINE EXHIBITION 26-27 NOVEMBER,](https://reader034.vdocuments.mx/reader034/viewer/2022042303/5ece5370513e37653c4449a3/html5/thumbnails/3.jpg)
Agenda1. South East Asia in Perspective
2. Market Situation for South East Asia
3. Growing Interest in South East Asia Locally Produced Wines
4. Singapore – a New Asian Wine Hub
5. Significant Growth Potential
6. Challenges
7. Key Takeaways
3
*Source from Google
![Page 4: The South East Asia Market and Consumption Trends · The South East Asia Market and Consumption Trends PRESENTATION BY KHEAN HOOI GOH AT 10TH WORLD BULK WINE EXHIBITION 26-27 NOVEMBER,](https://reader034.vdocuments.mx/reader034/viewer/2022042303/5ece5370513e37653c4449a3/html5/thumbnails/4.jpg)
2. South East Asia in Perspective
▪ 11 Countries between China and Australia
▪ Land Area of 4.35 Million Km₂
▪ One Fifth the Size of Europe
4
*Source from: http://www.worldometers.info/world-population/south-eastern-asia-population/
Geography
Population
Demographics
![Page 5: The South East Asia Market and Consumption Trends · The South East Asia Market and Consumption Trends PRESENTATION BY KHEAN HOOI GOH AT 10TH WORLD BULK WINE EXHIBITION 26-27 NOVEMBER,](https://reader034.vdocuments.mx/reader034/viewer/2022042303/5ece5370513e37653c4449a3/html5/thumbnails/5.jpg)
2. South East Asia in Perspective
5
China
Australia
![Page 6: The South East Asia Market and Consumption Trends · The South East Asia Market and Consumption Trends PRESENTATION BY KHEAN HOOI GOH AT 10TH WORLD BULK WINE EXHIBITION 26-27 NOVEMBER,](https://reader034.vdocuments.mx/reader034/viewer/2022042303/5ece5370513e37653c4449a3/html5/thumbnails/6.jpg)
2. South East Asia in Perspective
6
*Source from: http://www.worldometers.info/world-population/south-eastern-asia-population/Icon made by Freepik from www.flaticon.com
658 Million 700 Million
2025Current
Indonesia: 267 Million Brunei: 0.43 Million
Urban Population 49.2% - Accessibility to Wines
Geography
Population
Demographics
![Page 7: The South East Asia Market and Consumption Trends · The South East Asia Market and Consumption Trends PRESENTATION BY KHEAN HOOI GOH AT 10TH WORLD BULK WINE EXHIBITION 26-27 NOVEMBER,](https://reader034.vdocuments.mx/reader034/viewer/2022042303/5ece5370513e37653c4449a3/html5/thumbnails/7.jpg)
2. South East Asia in Perspective
▪ Median Age 28.8 years – Target Group to Start Wine Drinking
▪ Rising Affluent Middle Class – Afford Better Quality Wines
7
*Source from: http://www.worldometers.info/world-population/south-eastern-asia-population/
Geography
Population
Demographics
![Page 8: The South East Asia Market and Consumption Trends · The South East Asia Market and Consumption Trends PRESENTATION BY KHEAN HOOI GOH AT 10TH WORLD BULK WINE EXHIBITION 26-27 NOVEMBER,](https://reader034.vdocuments.mx/reader034/viewer/2022042303/5ece5370513e37653c4449a3/html5/thumbnails/8.jpg)
2. South East Asia in Perspective
8
*Source from: http://www.worldbank.org/
Singapore Netherlands Brunei Malaysia Thailand Indonesia Philippines Laos Vietnam East Timor Cambodia Myanmar
GDP per Capita $57,714 $48,223 $28,290 $9,945 $6,594 $3,847 $2,989 $2,457 $2,343 $2,279 $1,384 $1,299
$0
$10,000
$20,000
$30,000
$40,000
$50,000
$60,000
$70,000
USD
GDP Per Capita (2017)
![Page 9: The South East Asia Market and Consumption Trends · The South East Asia Market and Consumption Trends PRESENTATION BY KHEAN HOOI GOH AT 10TH WORLD BULK WINE EXHIBITION 26-27 NOVEMBER,](https://reader034.vdocuments.mx/reader034/viewer/2022042303/5ece5370513e37653c4449a3/html5/thumbnails/9.jpg)
2. South East Asia in Perspective
▪ Median Age 28.8 years – Target Group to Start Wine Drinking
▪ Rising Affluent Middle Class – Afford Better Quality Wines
▪ Almost 40 per cent of Population are Practicing Muslims
▪ Growth from Remaining 60% of Population, Tourists and Expatriates
9
*Source from: https://www.singaporewinevault.com/southeast-asias-growing-wine-industry-q2-trends-and-highlights/
Geography
Population
Demographics
![Page 10: The South East Asia Market and Consumption Trends · The South East Asia Market and Consumption Trends PRESENTATION BY KHEAN HOOI GOH AT 10TH WORLD BULK WINE EXHIBITION 26-27 NOVEMBER,](https://reader034.vdocuments.mx/reader034/viewer/2022042303/5ece5370513e37653c4449a3/html5/thumbnails/10.jpg)
3. Market Situation for South East Asiaa) Key bulk wine producer countries exporting into South East Asia e.g.
Australia, Spain, Italy, France
b) Target Countries: Thailand, Singapore, Malaysia, Indonesia
10
![Page 11: The South East Asia Market and Consumption Trends · The South East Asia Market and Consumption Trends PRESENTATION BY KHEAN HOOI GOH AT 10TH WORLD BULK WINE EXHIBITION 26-27 NOVEMBER,](https://reader034.vdocuments.mx/reader034/viewer/2022042303/5ece5370513e37653c4449a3/html5/thumbnails/11.jpg)
16/11/2018 11
South Korea Vietnam Thailand Laos Cambodia Philippines Singapore Malaysia Brunei Myammar Indonesia
Litres 10.9 8.7 8.3 7.5 6.1 5.6 2.9 1.7 0.8 0.7 0.6
0
2
4
6
8
10
12
Tota
l Alc
oh
ol C
on
sum
pti
on
per
cap
ita
(20
15
)
Which South East Asia country drinks the most?
*So
urc
e fr
om
: Wo
rld
Hea
lth
Org
anis
atio
n, G
lob
al H
ealt
h
3. Market Situation for South East Asia
![Page 12: The South East Asia Market and Consumption Trends · The South East Asia Market and Consumption Trends PRESENTATION BY KHEAN HOOI GOH AT 10TH WORLD BULK WINE EXHIBITION 26-27 NOVEMBER,](https://reader034.vdocuments.mx/reader034/viewer/2022042303/5ece5370513e37653c4449a3/html5/thumbnails/12.jpg)
3. Market Situation for South East Asiaa) Key bulk wine producer countries exporting into South East Asia e.g.
Australia, Spain, Italy, France
b) Target Countries: Thailand, Singapore, Malaysia, Indonesia
c) Emergence of Private Labels/OEM wines
d) Market Segments – Supermarkets, Airlines, Cruise Ships, Hotels, Restaurants, Clubs etc
12
![Page 13: The South East Asia Market and Consumption Trends · The South East Asia Market and Consumption Trends PRESENTATION BY KHEAN HOOI GOH AT 10TH WORLD BULK WINE EXHIBITION 26-27 NOVEMBER,](https://reader034.vdocuments.mx/reader034/viewer/2022042303/5ece5370513e37653c4449a3/html5/thumbnails/13.jpg)
4. Growing Interest in South East Asia Locally Produced Wines
a) Overcoming the climate, modern viticultural practices and wine storage techniques
b) “New Latitude Wines” produced in South East Asia▪ Indonesia with wineries in Bali
▪ Thailand with wineries in Loei, Khao Yai, Samut Sakhorn, Chiang Rai
▪ Vietnam in Dalat and Ninh Thuan
▪ Myanmar around Lake Inle in Shan State
13
*Source from: http://www.worldometers.info/world-population/south-eastern-asia-population/
![Page 14: The South East Asia Market and Consumption Trends · The South East Asia Market and Consumption Trends PRESENTATION BY KHEAN HOOI GOH AT 10TH WORLD BULK WINE EXHIBITION 26-27 NOVEMBER,](https://reader034.vdocuments.mx/reader034/viewer/2022042303/5ece5370513e37653c4449a3/html5/thumbnails/14.jpg)
4. Growing Interest in South East Asia Locally Produced Wines
c) Import of Bulk Wines and/or Grape Juice Concentrate to Blend with Locally Produced Wines▪ Improves Quality of Locally Produced Wines
▪ Cost Saving from Lower Import Duties
▪ Local wine classification is flexible
14
![Page 15: The South East Asia Market and Consumption Trends · The South East Asia Market and Consumption Trends PRESENTATION BY KHEAN HOOI GOH AT 10TH WORLD BULK WINE EXHIBITION 26-27 NOVEMBER,](https://reader034.vdocuments.mx/reader034/viewer/2022042303/5ece5370513e37653c4449a3/html5/thumbnails/15.jpg)
5. Singapore – a new Asian Wine Hub
a) Launching in Singapore - Good brand positioning and Global Outlook
b) Efficient Transhipment Centre – Bonded warehousing for Re-Export
c) Large Number of Foreign Investors
15
![Page 16: The South East Asia Market and Consumption Trends · The South East Asia Market and Consumption Trends PRESENTATION BY KHEAN HOOI GOH AT 10TH WORLD BULK WINE EXHIBITION 26-27 NOVEMBER,](https://reader034.vdocuments.mx/reader034/viewer/2022042303/5ece5370513e37653c4449a3/html5/thumbnails/16.jpg)
6. Significant Growth Potential a) Domestic Consumption- Growing Middle Class/Catchment Size
b) Diverse Cuisine in South East Asia - Pairing with Greater Variety of Wines
c) Sharing the Drinking Experience – More Informed Consumers
d) Role of the On-Trade Business – e.g. Restaurants
e) Steady Increase in Tourist Arrivals
16
![Page 17: The South East Asia Market and Consumption Trends · The South East Asia Market and Consumption Trends PRESENTATION BY KHEAN HOOI GOH AT 10TH WORLD BULK WINE EXHIBITION 26-27 NOVEMBER,](https://reader034.vdocuments.mx/reader034/viewer/2022042303/5ece5370513e37653c4449a3/html5/thumbnails/17.jpg)
6. Significant Growth Potential
17
70.5
77.584.2
94.3 96.7
104.2
113.2
0
20
40
60
80
100
120
2010 2011 2012 2013 2014 2015 2016
International Tourist Arrivals to South East Asia
In M
illio
ns
*Source from: www.statista.com
![Page 18: The South East Asia Market and Consumption Trends · The South East Asia Market and Consumption Trends PRESENTATION BY KHEAN HOOI GOH AT 10TH WORLD BULK WINE EXHIBITION 26-27 NOVEMBER,](https://reader034.vdocuments.mx/reader034/viewer/2022042303/5ece5370513e37653c4449a3/html5/thumbnails/18.jpg)
7. Challengesa) Global Trade Impediments/Slowdown
b) Cut throat Competition from Producers
c) Climatic conditions affecting production volumes
d) Free Trade Agreements (FTA) facilitates bottled wine exports may impact on bulk wine sales
e) Competition from other alcoholic beverages▪ Spirits and beers (both imported and locally produced)
18
![Page 19: The South East Asia Market and Consumption Trends · The South East Asia Market and Consumption Trends PRESENTATION BY KHEAN HOOI GOH AT 10TH WORLD BULK WINE EXHIBITION 26-27 NOVEMBER,](https://reader034.vdocuments.mx/reader034/viewer/2022042303/5ece5370513e37653c4449a3/html5/thumbnails/19.jpg)
8. Key Takeawaysa) Growth in Bulk Wine Imports in tandem with Locally Produced Wines
b) Exports/Imports Facilitated through new FTAs
c) Surge in Number of Private Labels/OEM Wines in the market
d) Increase in Domestic Consumption
e) Improvement in Quality of Bulk Wines with Discerning Consumer Preferences
19
![Page 20: The South East Asia Market and Consumption Trends · The South East Asia Market and Consumption Trends PRESENTATION BY KHEAN HOOI GOH AT 10TH WORLD BULK WINE EXHIBITION 26-27 NOVEMBER,](https://reader034.vdocuments.mx/reader034/viewer/2022042303/5ece5370513e37653c4449a3/html5/thumbnails/20.jpg)
G E T I N TO U C H !
K H EA N H O O I G O H
E M A I L : C R OI S S Y @H OT M AI L .COM
20