n Packaging Review South Africa - Negative growth for South African alcoholic beverage market : market research column
|Article Title||Negative growth for South African alcoholic beverage market : market research column|
|© Publisher:||New Media Publishing|
|Journal||Packaging Review South Africa|
|Publication Date||Oct 2009|
The South African alcoholic beverage market volume declined by 2,7% in 2008 and further declines of 1,7% are expected during 2009. The recorded decline in the alcoholic beverage market is attributed to slow down in the South African economy. Consumers have less disposable income and are consequently spending less on alcoholic products.
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