Key insights and market outlook
PT Lovina Beach Brewery Tbk (STRK) is expanding into the international market with three Balinese beverages: Coco Bali RTD, Clarissa Liqueur, and Libarrron Whisky. The company's strategy focuses on utilizing local ingredients, maintaining global production standards, and creating products with compelling narratives for international consumers. This move represents a significant step in Lovina Beach Brewery's global ambitions, leveraging Bali's cultural identity to compete in the premium beverage market.
PT Lovina Beach Brewery Tbk (STRK), an Indonesian beverage company, is making significant strides in its global expansion strategy by introducing three distinct Balinese beverages to the international market. The company's director, Bona Budhisurya, revealed that the products - Coco Bali RTD, Clarissa Liqueur, and Libarrron Whisky - are being developed with a strong emphasis on Bali's cultural heritage.
The company's strategy is built on three core pillars: utilization of local Balinese ingredients, adherence to global production standards, and creation of products with compelling backstories that appeal to international consumers. This approach not only showcases Indonesia's rich cultural diversity but also positions the products as premium offerings in the global beverage market.
These products are being positioned to appeal to international consumers seeking authentic, culturally rich beverage experiences. The company's focus on storytelling and cultural authenticity is expected to create a strong market presence in the global premium beverage segment.
Global Market Entry
Product Launch
Export Expansion