While much fuss is made about declining consumption of alcoholic drinks in the US, 2024 is set to see both fine wines and luxury spirits grow in retail volume and current value terms. Growth for sparkling wines of all kinds, from champagne to prosecco to cava, has been outpacing the overall wine category, as the return of festivities and consumption occasions warrant beverages with celebratory connotations. Meanwhile, other fine wine owes its growth to specificity, particularly those products ex...
Euromonitor International's Fine Wines/Champagne and Spirits in USA report offers a comprehensive guide to the size and shape of the Fine Wines/Champagne and Spirits market at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market and their effects on Fine Wines/Champagne and Spirits retailing along with the development of consumers’ shopping patterns. Forecasts to 2028 illustrate how the market is set to change
Product coverage: Fine Wines, Luxury Spirits.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report? * Get a detailed picture of the Fine Wines/Champagne and Spirits market; * Pinpoint growth sectors and identify factors driving change; * Understand the competitive environment, the market’s major players and leading brands; * Use five-year forecasts to assess how the market is predicted to develop.
Fine Wines/Champagne and Spirits in the US
Euromonitor International
November 2024
List Of Contents And Tables
FINE WINES/CHAMPAGNE AND SPIRITS IN THE US
KEY DATA FINDINGS
2024 DEVELOPMENTS
Ebbing inflation and rising incomes adjust the course of fine wines/champagne and spirits
Less but better trend tenuously sustains premiumisation
Celebrity luxury approaches tipping point
PROSPECTS AND OPPORTUNITIES
Growth set to continue, despite permacrisis
The uncertain prospect of third spaces will incentivise at-home opportunities
No/low alcohol wine and spirits still an untapped opportunity
CATEGORY DATA
Table 1 Sales of Fine Wines/Champagne and Spirits by Category: Value 2019-2024
Table 2 Sales of Fine Wines/Champagne and Spirits by Category: % Value Growth 2019-2024
Table 3 NBO Company Shares of Fine Wines/Champagne and Spirits: % Value 2019-2023
Table 4 LBN Brand Shares of Fine Wines/Champagne and Spirits: % Value 2020-2023
Table 5 Distribution of Fine Wines/Champagne and Spirits by Format: % Value 2019-2024
Table 6 Forecast Sales of Fine Wines/Champagne and Spirits by Category: Value 2024-2029
Table 7 Forecast Sales of Fine Wines/Champagne and Spirits by Category: % Value Growth 2024-2029
LUXURY GOODS IN THE US
EXECUTIVE SUMMARY
Luxury goods in 2024: The big picture
2024 key trends
Competitive landscape
Retailing developments
What next for luxury goods?
MARKET DATA
Table 8 Sales of Luxury Goods by Category: Value 2019-2024
Table 9 Sales of Luxury Goods by Category: % Value Growth 2019-2024
Table 10 Inbound Receipts for Luxury Goods by Country of Origin: Value 2019-2024
Table 11 NBO Company Shares of Luxury Goods: % Value 2019-2023
Table 12 LBN Brand Shares of Luxury Goods: % Value 2020-2023
Table 13 Distribution of Luxury Goods by Format and Category: % Value 2024
Table 14 Forecast Sales of Luxury Goods by Category: Value 2024-2029
Table 15 Forecast Sales of Luxury Goods by Category: % Value Growth 2024-2029