$29.7bn
$X.Xbn
229k
439
$X.Xbn
In recent years, bans on driving while under the influence of alcohol and bans on outdoor barbecuing have contributed to the industry's decline. Weaker consumer spending and unfavorable weather conditions, particularly rainstorms in the mid-lower reaches of the Yangtze River and parts of southern China, caused industry revenue to decrease 9.9% in 2016. Since the second half of 2017, the price of raw materials of beer production rose rapidly, compressing industry profit margins. In order to improve profitability, most industry companies increased the selling prices of beer products in early 2018, ranging from 10% to 50%. Industry leaders further reduced production capacity and closed small factories. Output decreased from 2017. In 2019, industry revenue increased due to product structure shifts towards mid- and high-end beer, and a higher selling price. In 2020 industry revenue decreased, mainly due to weakened demand from the Covid-19 pandemic. In 2021, industry revenue recovered and has since continued to accelerate thanks to high-end transformation.Industry profitability has been increasing in 2023, mainly due to rising beer prices and the development of more profitable high-end products. Average industry profit margins are sitting at an estimated at 12.3% in 2023. Revenue for the Beer Production industry in China is expected to increase an annualized 2.6% over the five years through 2023 to total $29.7 billion, including an anticipated growth of 7.5% in 2023.The industry's market share concentration has increased over the past decade and new industry leaders have emerged in recent years. Industry competition mainly occurs among the four national beer brands: Snow, Tsingtao, Yanjing and Budweiser.Surplus beer production capacity and intense competition is forecast to lead to further consolidation across the industry in the coming years. As the industry's product structure continues to develop, Industry revenue will grow at a forecast annualized 5.9% over the five years through 2028, to total $39.7 billion.
Industry revenue has grown at a CAGR of 2.6 % over the past five years, to reach an estimated $29.7bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2023 | Revenue ($short_0)
2023 |
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There are no companies that hold a large enough market share in the Beer Production in China industry for IBISWorld to include in this product.
Industry revenue is measured across several distinct product and services lines, including Bottled beer, Canned beer and Keg and draught beer. Bottled beer is the largest segment of the Beer Production in China.
Bottled beer is popular in high-end markets
Industry businesses manufacture fresh, carbonated beer products with a relatively low degree of alcohol (2.5% to 7.5%). The beer is packaged in kegs for sale to pubs, bars, restaurants and hotels. Beer can also be packaged in cans and bottles for sale to wholesale and retail alcoholic beverage distributors, and the hospitality sector.
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More expensive tastes drive continual industry development. Instead of sales volume increases, demand for more premium beer works as the major industry development driver.
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Bottled beer is the largest product segment. Effective manufacturing costs have made bottled beer the largest product segment, and it is popular in high-end markets.
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Shandong is the largest beer production base. Qingdao, where Tsingtao Brewery Company Limited are headquartered, is one of the first regions in China to produce beer, and one...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Industry concentration has increased. Beer consumption habits show a trend of concentration towards mainstream brands. Top enterprises are constantly growing their market sha...
Learn about the performance of the top companies in the industry.
State-owned companies lead the industry. Three of the top five companies are state owned, and they jointly account for approximately 50% of industry revenue.
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Beer production is very reliant on capital. Equipment configurations largely determine the production efficiency and employment of companies due to how mechanized production ...
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Rising high-end alcohol demand is prompting industry profitability to rise. The proportion of high-end beer has been increasing, generating more profits for beer manufacturer...
Including values and annual change:
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Key data sources in China include:
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These sources include:
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The market size of the Beer Production industry in China is $29.7bn in 2024.
There are 439 businesses in the Beer Production industry in China, which has declined at a CAGR of 1.1 % between 2019 and 2024.
The market size of the Beer Production industry in China has been growing at a CAGR of 2.6 % between 2019 and 2024.
Over the next five years, the Beer Production industry in China is expected to grow.
Pure beer and Barley malt are part of the Beer Production industry.
The level of competition is high and steady in the Beer Production industry in China.