Fine Wines/Champagne and Spirits in the United Arab Emirates
Despite a marginal decline in volumes, value sales of fine wines/champagne and spirits in the United Arab Emirates remain considerably higher than pre-pandemic levels in 2024. The United Arab Emirates continues to witness a trend of premiumisation, driven by shifting demographics and an influx of high net worth individuals, as well as high-spending tourists. This evolving landscape has opened the door for luxury brands to thrive. Notable developments include Moët & Chandon's collaborations with...
Euromonitor International's Fine Wines/Champagne and Spirits in United Arab Emirates 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 United Arab Emirates
Euromonitor International
October 2024
List Of Contents And Tables
FINE WINES/CHAMPAGNE AND SPIRITS IN THE UNITED ARAB EMIRATES
KEY DATA FINDINGS
2024 DEVELOPMENTS
Ongoing premiumisation within fine wines/champagne and spirits
Artisanal labels are a new but rising trend in the local market
Competitive landscape remains fairly fragmented in 2023
PROSPECTS AND OPPORTUNITIES
Culture shift could make Dubai a major growth driver for the category
Innovation with sustainability
Same-day e-commerce delivery gaining popularity but limited for luxury alcohol
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 UNITED ARAB EMIRATES
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