Spirits in Japan is set to maintain slight declines in total volume sales throughout the forecast period. In addition to the falling population of legal drinking age, one factor hampering growth is expected to be rising prices.
Shochu has been facing challenges due to the diversification of consumer preferences, with younger generations of legal drinking age moving away from traditional alcoholic drinks towards options such as whiskies and wine. This competition is expected to persist, and the price adjustments that took place from several players in October 2023 further impacted consumers’ purchasing power.
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Understand the latest market trends and future growth opportunities for the Spirits industry in Japan with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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Spirits
This is the aggregation of whisk(e)y, brandy and Cognac, white spirits, rum, tequila, liqueurs and other spirits.
See All of Our DefinitionsThis report originates from Passport, our Spirits research and analysis database.
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