Page 36 - NEWNORMAL_ANIMATED
P. 36

NEW NORMAL


          The IWSR and other statistic researchers  the US and Canada will see increases in be-
        has identified some significant trends with  verage alcohol volume consumption in 2020
        the results of its research, that will shape the  (both at over 2% total volume increases). In
        global beverage alcohol market in 2021.  total, beverage alcohol volumes across the 19
                                                 countries are set to fall by -8% in 2020. Global
        IT IS SAID PEOPLE ARE DRINKING           travel retail volumes are forecast to be down
        MORE DURING THE PANDEMIC                 -68% in 2020.
          IWSR looks to answer this question with the   A shut down of all non-essential businesses
        publication of an in-depth assessment of be-  has affected the service industry sector the
        verage alcohol consumption and consumer  hardest. According to the National Restaurant
        behaviour in 2020.                       Association (NRA), there are over 1 million re-
                                                 staurants and 15.6 million employees across
                                                 the US. The overall impact nationwide accor-
                                                 ding to the NRA “indicate that restaurants and
                                                 the foodservice industry could sustain $225
                                                 billion in losses and eliminate 5-7 million jobs
                                                 over the next three months.”
                                                   The key reason for this decline is largely
                                                 down to decreased purchasing in the on-trade.
                                                 Some countries were able to bear the brunt of
                                                 the on-trade closures better than others. In
                                                 Australia, for example, the beverage alcohol
                                                 market is generally weighted more towards
                                                 the off-premise, which meant lockdowns did
                                                 not impact drinking occasions as drastically
                                                 as in other countries. Australian wine consu-
                                                 mers, for example, almost completely trans-
                                                 ferred on-trade purchasing behaviours to the
          In the early days of Covid-19 lockdown, re-  off-trade. Total beverage alcohol volume con-
        ports of consumers panic buying beverage al-  sumption in Australia will fall by approxima-
        cohol led to the impression that people were  tely -1% in 2020. However, in many markets,
        drinking more than usual during the pande-  the increase in at-home consumption did not
        mic. Although pantry loading behaviour soon  compensate for the closures of the on-trade.
        tapered off, many industry watchers were
        asking the same question.                AT-HOME CONSUMPTION
          IWSR looks to answer this question with the   Is it the new drinking occasion? Covid-19
        publication of an in-depth assessment of be-  lockdowns and the subsequent rise of the
        verage alcohol consumption and consumer  at-home drinking occasion forced many
        behaviour this past year.
          IWSR data shows that beverage alcohol vo-
        lume consumption during the pandemic was
        down across almost all markets, including
        Australia, Brazil, China, Colombia, France, Ger-
        many, India, Italy, Japan, Mexico, Poland, Ru-
        ssia, South Africa, Spain, Thailand, Turkey, the
        UK, and the global travel retail channel. Only
       36
   31   32   33   34   35   36   37   38   39   40   41