SOUTH EAST ASIA BEVERAGE AND WINE COOLERS MARKET ANALYSIS

South East Asia Beverage and Wine Coolers Market, by Product Type (Wine Coolers and Beverage Coolers), by Door Type (1 Door Type, 2 Door Type, 3 Door Type, and 4 Door and Above Type), by Capacity Range (200 & Below Liters, 200 to 300 Liters, 300 to 500 Liters, and 500 & Above Liters), and by Country (Indonesia, Vietnam, Philippines, and Cambodia) - Size, Share, Outlook, and Opportunity Analysis, 2021 - 2028

Published In : Jul 2021
Code : CMI4521
Pages :120
Formats :
Excel and PDF
Industry : Information and Communication Technology

Market Challenges And Opportunities

South East Asia Beverage and Wine Coolers Market - Impact of Coronavirus (Covid-19) Pandemic

South East Asia beverage and wine coolers market has been impacted significantly by COVID-19, in terms of supply as well as demand. During Covid, the demand for wine coolers decreased due to uncertain job losses and upraised unemployment. For instance, according to a report published by the United Nations Sustainable Development Group, in Indonesia and Philippines, unemployment raised by 2.5% and 1.2% respectively in 2020. Moreover, the coronavirus pandemic affected the industries on many aspects including massive slowing of the supply chain, flight cancellations, closure of restaurants, travel bans and quarantines, falling business confidence, and growing panic among the population. This poised a noteworthy impact on South East Asia beverage and wine coolers market.