Fine Wines/Champagne and Spirits in Hong Kong, China


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Fine Wines/Champagne and Spirits in Hong Kong, China

At the beginning of 2022, a fifth wave of COVID-19 hit Hong Kong. As the government reintroduced social restrictions to control this, including a two-person limit in public, and a ban on gatherings at private premises of more than two families, sales of wine, champagne and spirits were impacted over the first quarter. The optimism of the industry faded slightly during the first four months of the year, but as vaccination has progressed and social restrictions are being relaxed, residents in Hong...

Euromonitor International's Fine Wines/Champagne and Spirits in Hong Kong, China 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 2026 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 Hong Kong, China
Euromonitor International
August 2022
List Of Contents And Tables
FINE WINES/CHAMPAGNE AND SPIRITS IN HONG KONG, CHINA
KEY DATA FINDINGS
2022 DEVELOPMENTS
Recovery starts in May 2022 as pandemic restrictions are relaxed
More educated local consumers are driving the growth of fine wine and spirits, with luxury whiskies being a dynamic category
Home seclusion benefits at-home consumption
PROSPECTS AND OPPORTUNITIES
Resurgence for luxury brandy and cognac driven by brand rejuvenation
E-commerce will continue to gain share
The absence of travel retail could remain a disruptor
CATEGORY DATA
Table 1 Sales of Fine Wines/Champagne and Spirits by Category: Value 2017-2022
Table 2 Sales of Fine Wines/Champagne and Spirits by Category: % Value Growth 2017-2022
Table 3 NBO Company Shares of Fine Wines/Champagne and Spirits: % Value 2017-2021
Table 4 LBN Brand Shares of Fine Wines/Champagne and Spirits: % Value 2018-2021
Table 5 Distribution of Fine Wines/Champagne and Spirits by Format: % Value 2017-2022
Table 6 Forecast Sales of Fine Wines/Champagne and Spirits by Category: Value 2022-2027
Table 7 Forecast Sales of Fine Wines/Champagne and Spirits by Category: % Value Growth 2022-2027
LUXURY GOODS IN HONG KONG, CHINA
EXECUTIVE SUMMARY
Luxury goods in 2022: The big picture
2022 key trends
Competitive landscape
Retailing developments
What next for luxury goods?
MARKET DATA
Table 8 Sales of Luxury Goods by Category: Value 2017-2022
Table 9 Sales of Luxury Goods by Category: % Value Growth 2017-2022
Table 10 Inbound Receipts for Luxury Goods by Country of Origin: Value 2017-2022
Table 11 NBO Company Shares of Luxury Goods: % Value 2017-2021
Table 12 LBN Brand Shares of Luxury Goods: % Value 2018-2021
Table 13 Distribution of Luxury Goods by Format and Category: % Value 2022
Table 14 Forecast Sales of Luxury Goods by Category: Value 2022-2027
Table 15 Forecast Sales of Luxury Goods by Category: % Value Growth 2022-2027
DISCLAIMER
SOURCES
Summary 1 Research Sources

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