In 2023, sales of alcoholic drinks in Bangladesh have increased significantly, driven by a rise in local consumption alongside foreign customers. Previously, only foreigners partook, but shifting social values and norms have seen more locals adopting the habit despite traditional and religious prohibitions.
In 2023, prices and sales of alcoholic drinks in Bangladesh have surged due to the influx of new consumers embracing the drinking culture. The younger generation is moving away from traditional norms and values.
As Bangladesh is a Muslim country, alcohol is not socially accepted and it is not permitted to drink openly. However, ongoing industrialisation and urbanisation and a general opening up to Western cultural mores and trends have resulted in social attitudes gradually changing, especially among younger people.
In 2023, Bangladesh has witnessed significant socioeconomic shifts. Traditional social values and norms have eroded, particularly among the younger generation, who have moved away from these practices over the past 15 years.
The government makes strong efforts to attract new investment. Increasing foreign investment has been accompanied by a stronger presence of foreign nationals in the country, including many affluent people employed in middle- and high-level management.
The Ministry of Home Affairs has published new alcohol control rules under Narcotics Control Acts 2018. These allow for the setting-up of bars in hotels, but increased the legal drinking age and legal purchasing age for alcohol from 18 to 21.
The taxation levied on alcoholic drinks in Bangladesh remains very high. The most important alcohol tax is the 350% Supplementary Duty, which is augmented by 15% VAT, 5% regulatory duty, 3% Advance Trade VAT and 5% Advance Income Tax.
Over the forecast period, the positive trend of increasing alcohol consumers and the gradual shift away from traditional religious norms and values are expected to continue. Growth will be supported by the rising number of sales centres and the increased availability of alcoholic drinks.
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Alcoholic Drinks
Alcoholic drinks is the aggregation of beer, wine, spirits, cider/perry and RTDs.
See All of Our DefinitionsThis report originates from Passport, our Alcoholic Drinks research and analysis database.
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