Product Code: ETC189577 | Publication Date: May 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
The vodka market in Thailand was worth around $27 million in 2025, up from just over $25 million a year earlier. It is estimated that the sector will grow by 3% annually to reach nearly $30 million. The primary drivers of this growth are the increasing preference for premium brands among Thai consumers, which is being fuelled by rising incomes and greater exposure to international culture through travel and media consumption. The availability of flavoured vodkas is also contributing to higher levels of consumption within this category.
The Thailand vodka market is experiencing growth due to its versatility in cocktails and mixed drinks. Vodka`s neutral flavor profile makes it an ideal base for various concoctions, appealing to a diverse range of consumers.
In the vodka market, competition is fierce, and building a distinct brand identity is a challenge. The market`s growth potential is often influenced by changing consumption patterns, government regulations, and the need to innovate to attract new consumers.
The vodka market remains dynamic, with opportunities for premiumization and creative branding. Entrepreneurs can establish vodka brands that embody Thai culture, utilizing local ingredients and artistic packaging to set themselves apart.
The closure of bars and entertainment venues impacted the Thailand vodka market, leading to reduced demand for vodka-based cocktails and beverages.
The Thailand vodka market involves key players like Thai Beverage Public Co., Ltd., and Siam Winery Co., Ltd., producing and distributing vodka products that cater to various preferences and occasions.
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 Thailand Vodka Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Vodka Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Vodka Market - Industry Life Cycle |
3.4 Thailand Vodka Market - Porter's Five Forces |
3.5 Thailand Vodka Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Thailand Vodka Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Thailand Vodka Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer acceptance and adoption of Western drinking culture in Thailand |
4.2.2 Rising disposable income leading to increased spending on premium alcohol products |
4.2.3 Growing popularity of cocktails and mixology culture in urban areas of Thailand |
4.3 Market Restraints |
4.3.1 Strict regulations and taxes on alcohol production and distribution in Thailand |
4.3.2 Cultural preference for traditional alcoholic beverages like beer and spirits over vodka |
4.3.3 Competition from other alcoholic beverages such as rum, whiskey, and local spirits |
5 Thailand Vodka Market Trends |
6 Thailand Vodka Market, By Types |
6.1 Thailand Vodka Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Vodka Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Thailand Vodka Market Revenues & Volume, By Flavored, 2021-2031F |
6.1.4 Thailand Vodka Market Revenues & Volume, By Non-flavored, 2021-2031F |
6.2 Thailand Vodka Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Thailand Vodka Market Revenues & Volume, By Restaurants and Bars, 2021-2031F |
6.2.3 Thailand Vodka Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.2.4 Thailand Vodka Market Revenues & Volume, By Supermarkets and Hypermarkets, 2021-2031F |
6.2.5 Thailand Vodka Market Revenues & Volume, By Online Stores, 2021-2031F |
6.2.6 Thailand Vodka Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Vodka Market Import-Export Trade Statistics |
7.1 Thailand Vodka Market Export to Major Countries |
7.2 Thailand Vodka Market Imports from Major Countries |
8 Thailand Vodka Market Key Performance Indicators |
8.1 Number of vodka bars and cocktail lounges opening in major cities in Thailand |
8.2 Percentage increase in vodka imports into Thailand |
8.3 Growth in online searches and social media mentions related to vodka cocktails and mixology in Thailand |
9 Thailand Vodka Market - Opportunity Assessment |
9.1 Thailand Vodka Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Thailand Vodka Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Thailand Vodka Market - Competitive Landscape |
10.1 Thailand Vodka Market Revenue Share, By Companies, 2024 |
10.2 Thailand Vodka Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |