China Spirits Market Size and Trend Analysis by Categories and Segment, Distribution Channel, Packaging Formats, Market Share, Demographics and Forecast, 2021-2026
Summary
GlobalData’s Country Profile report on the spirits in China provides insights on high growth markets to target, trends in the usage of packaging materials, types and closures category level distribution data and companies market shares.
The Chinese spirits sector is led by the specialty spirits category in value and volume terms in 2021, while the flavored alcoholic beverages category is expected to register the fastest value and volume growth during 2021-2026. On-trade transactions accounted for a majority share in the distribution of spirits in the country. Niu Lan Shan Distillery, Beijing Red Star Co., Ltd., and Jiangsu Yanghe Group Co., Ltd. are the leading players in the sector. Glass is the most commonly used pack material in the sector.
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