Category: Wine
Wine market research reports by Euromonitor International
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Fine Wines/Champagne and Spirits in Sweden
Fine Wines/Champagne and Spirits in Sweden Fine wines/champagne and spirits is seeing relatively small growth in Sweden in 2024, which is mainly attributed to the fact that the majority of luxury alcoholic drinks are consumed at luxury foodservice establishments and hotels, rather than being purchas ... Read More
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Fine Wines/Champagne and Spirits in South Africa
Fine Wines/Champagne and Spirits in South Africa Fine wines/champagne and spirits has continued to record double-digit growth in current value terms in South Africa in 2024. This strong growth has been largely driven by the increase in unit prices which was a result of elevated inflation and rising ... Read More
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Fine Wines/Champagne and Spirits in Poland
Fine Wines/Champagne and Spirits in Poland Fine champagne has been the most dynamic category within fine wines/champagne and spirits in current value terms in 2024, with sales benefiting from the return of weddings and other important celebrations in the wake of the pandemic. However, this dynamism ... Read More
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Luxury Goods in China
Luxury Goods in China Retail value sales of luxury goods in China are rising by 4% in 2024 in current terms, to stand at CNY3.26 trillion. Growth in sales is fuelled by consumers’ increased desire to live in the moment and enjoy life, as well as rising interest in purchasing luxury goods as investme ... Read More
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Fine Wines/Champagne and Spirits in China
Fine Wines/Champagne and Spirits in China Current value sales of fine wines/champagne and spirits are rising by 3% to total CNY853.3 billion in China in 2024, boosted by consumers’ renewed and growing appetite for luxurious experiences and enjoyment. Socialising over a drink with friends remains a p ... Read More
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Fine Wines/Champagne and Spirits in the Philippines
Fine Wines/Champagne and Spirits in the Philippines Sales of fine wines/champagne and spirits in the Philippines in 2024 are being supported by the robust performance seen in the hospitality sector, especially hotels and casinos, since the end of the pandemic era. As noted in a cross-category trend, ... Read More
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Fine Wines/Champagne and Spirits in Singapore
Fine Wines/Champagne and Spirits in Singapore Retail value sales of fine wines/champagne and spirits grew by 3% to reach SGD102 million in 2024. While this result is positive, it is a drop from the double-digit growth performance seen the previous year, when consumers were socialising and purchases ... Read More
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Fine Wines/Champagne and Spirits in Hong Kong, China
Fine Wines/Champagne and Spirits in Hong Kong, China Retail value sales of fine wines/champagne and spirits are set to grow by 4% in current terms in Hong Kong in 2024 to total HKD1.1 billion. The year is set to see sales finally exceed the level seen prior to the outbreak of COVID-19 in both volume ... Read More
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Fine Wines/Champagne and Spirits in Thailand
Fine Wines/Champagne and Spirits in Thailand Increasing urbanisation is considered as one of the key driving factors to growing demand for fine wines/champagne and spirits in Thailand. Enjoying a drink with friends also remains a popular leisure activity, while many consumers appreciate being able t ... Read More
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Wines and Cider in the US: ISIC 1552
Wines and Cider in the US: ISIC 1552 PPI Euromonitor International's Industrial reports provide a 360 degree view of an industry. The Industrial market report offers a comprehensive guide to the size and shape of the Wines and Cider: ISIC 1552 market at a national level. It provides the latest retai ... Read More
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Fine Wines/Champagne and Spirits in South Korea
Fine Wines/Champagne and Spirits in South Korea Retail value sales of fine wines/champagne and spirits grew by 5% in 2024, set to reach a sales total of KRW855 billion. Sales on the landscape are bolstered by consumers' habits of enjoying a drink with a meal at home or when relaxing, in addition to ... Read More
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Ready to Dominate? RTDs, Simmering Volatility and Effervescent Trajectories
Ready to Dominate? RTDs, Simmering Volatility and Effervescent Trajectories Capturing the key values , aspirations and rituals embraced by core youth demographics through the ages, RTDs mirror the zeitgeist and will hence remain fluid, adaptable and disruptive. From wine coolers to alcopops and from ... Read More
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Fine Wines/Champagne and Spirits in Argentina
Fine Wines/Champagne and Spirits in Argentina Value sales of fine wines/champagne and spirits are set to more than double in Argentina in 2024, with demand boosted by consumers’ growing appetite for new experiences and increasingly sophisticated tastes. Consumers with the highest purchasing power an ... Read More
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Wines and Cider in Japan: ISIC 1552
Wines and Cider in Japan: ISIC 1552 PPI Euromonitor International's Industrial reports provide a 360 degree view of an industry. The Industrial market report offers a comprehensive guide to the size and shape of the Wines and Cider: ISIC 1552 market at a national level. It provides the latest retail ... Read More
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Fine Wines/Champagne and Spirits in Malaysia
Fine Wines/Champagne and Spirits in Malaysia Luxury whiskies has been the most dynamic category within fine wines/champagne and spirits in current value terms in 2024. There has been a rising demand for luxury whiskies, backed in part by increasing education and awareness about the different brands ... Read More
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Wines and Cider in France: ISIC 1552
Wines and Cider in France: ISIC 1552 PPI Euromonitor International's Industrial reports provide a 360 degree view of an industry. The Industrial market report offers a comprehensive guide to the size and shape of the Wines and Cider: ISIC 1552 market at a national level. It provides the latest retai ... Read More
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Fine Wines/Champagne and Spirits in Brazil
Fine Wines/Champagne and Spirits in Brazil Growth in current value terms is declining fine wines/champagne and spirits in Brazil in 2024, with a decrease also in volume sales. The negative trend for volume sales and slowed growth for current value sales follow earlier very dynamic growth, which had ... Read More
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Fine Wines/Champagne and Spirits in Italy
Fine Wines/Champagne and Spirits in Italy In 2024, demand for fine wines/champagne and spirits continues to increase. Consumption among the local population is rising, as many Italians favour socialising with others, especially at events, while rising tourism figures are also benefiting the category ... Read More
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Fine Wines/Champagne and Spirits in the United Arab Emirates
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 premiu ... Read More
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Fine Wines/Champagne and Spirits in Spain
Fine Wines/Champagne and Spirits in Spain In 2024, fine wines/champagne and spirits in Spain is set to continue to see retail current value growth. However, the rate of increase is expected to be slower than in 2023, with this trend seen in every individual category within fine wines and luxury spir ... Read More
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Fine Wines/Champagne and Spirits in India
Fine Wines/Champagne and Spirits in India Fine wines/champagne and spirits is set to maintain solid retail current value growth in India in 2024, with sales continuing to be overwhelmingly dominated by luxury spirits, especially luxury whiskies. Historically, single malt Scotch dominated single malt ... Read More
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Fine Wines/Champagne and Spirits in Romania
Fine Wines/Champagne and Spirits in Romania In 2024, retail current value sales of fine wines/champagne and spirits is set to grow by 1%, reaching a total of RON496 million. However, this figure is a drop from the double-digit growth performance seen the previous year, when consumers were socialisin ... Read More
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Fine Wines/Champagne and Spirits in the Netherlands
Fine Wines/Champagne and Spirits in the Netherlands Demand for fine wines/champagne and spirits has continued to see steady growth in 2024, influenced by a general growing interest in quality over quantity when it comes to alcoholic drinks and a focus on more sophisticated products among Dutch consu ... Read More
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Fine Wines/Champagne and Spirits in Canada
Fine Wines/Champagne and Spirits in Canada In 2024, fine wines/champagne and spirits in Canada experienced marginal value growth, with low single-digit increases across most categories. Volume growth remained flat, with only luxury whiskies managing to surpass low single-digit volume gains. This sub ... Read More
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Fine Wines/Champagne and Spirits in Turkey
Fine Wines/Champagne and Spirits in Turkey The market for fine wines, champagne, and spirits in Turkey is poised for dynamic growth in current value terms in 2024, driven by an increasing appreciation for these beverages among both local and international consumers. However, it is important to note ... Read More
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