China Spirits Market Summary and Forecast
Summary
Spirits in China industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The spirits market consists of the sale of brandy, gin & genever, liqueurs, rum, specialty spirits, tequila & mezcal, vodka and whiskey. The market is valued according to retail selling price (RSP) and includes any applicable taxes. All currency conversions used in the creation of this report have been calculated using constant annual average 2022 exchange rates.
- The Chinese Spirits market had total revenues of $269,552.2 million in 2022, representing a compound annual growth rate (CAGR) of -0.1% between 2017 and 2022.
- Market consumption volumes declined with a CAGR of -1.6% between 2017 and 2022, to reach a total of 10,134.7 million liters in 2022.
- The performance of the market is forecast to accelerate, with an anticipated CAGR of 3.8% for the five-year period 2022 - 2027, which is expected to drive the market to a value of $325,518.3 million by the end of 2027.
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the spirits market in China
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the spirits market in China
- Leading company profiles reveal details of key spirits market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the China spirits market with five year forecasts by both value and volume
- What was the size of the China spirits market by value in 2022?
- What will be the size of the China spirits market in 2027?
- What factors are affecting the strength of competition in the China spirits market?
- How has the market performed over the last five years?
- How large is China’s spirits market in relation to its regional counterparts?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market share
- 1.8. Market rivalry
- 1.9. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 4.3. Market distribution
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Market share
- 7.2. Who are the leading players in the Chinese spirits market?
- 7.3. Which companies have been most successful in increasing their market shares in the last 5 years (2017-2022)?
- 7.4. Which companies market shares have suffered in the last 5 years (2017-2022)?
- 7.5. What are the most popular brands in the Chinese spirits market?
- 8 Company Profiles
- 8.1. Niu Lan Shan Distillery
- 8.2. Beijing Red Star Co Ltd
- 8.3. Shanxi Xinghuacun Fen Wine Factory Co Ltd
- 8.4. Jiangsu Yanghe Group Co Ltd
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: China spirits market value: $ million, 2017–22
- Table 2: China spirits market volume: million liters, 2017–22
- Table 3: China spirits market category segmentation: % share, by volume, 2017–2022
- Table 4: China spirits market category segmentation: million liters, 2017-2022
- Table 5: China spirits market geography segmentation: $ million, 2022
- Table 6: China spirits market distribution: % share, by volume, 2022
- Table 7: China spirits market value forecast: $ million, 2022–27
- Table 8: China spirits market volume forecast: million liters, 2022–27
- Table 9: China spirits market share: % share, by volume, 2022
- Table 10: Niu Lan Shan Distillery: key facts
- Table 11: Beijing Red Star Co Ltd: key facts
- Table 12: Beijing Red Star Co Ltd: Key Employees
- Table 13: Shanxi Xinghuacun Fen Wine Factory Co Ltd: key facts
- Table 14: Shanxi Xinghuacun Fen Wine Factory Co Ltd: Annual Financial Ratios
- Table 15: Shanxi Xinghuacun Fen Wine Factory Co Ltd: Key Employees
- Table 16: Jiangsu Yanghe Group Co Ltd: key facts
- Table 17: Jiangsu Yanghe Group Co Ltd: Key Employees
- Table 18: China size of population (million), 2018–22
- Table 19: China gdp (constant 2005 prices, $ billion), 2018–22
- Table 20: China gdp (current prices, $ billion), 2018–22
- Table 21: China inflation, 2018–22
- Table 22: China consumer price index (absolute), 2018–22
- Table 23: China exchange rate, 2018–22
- List of Figures
- Figure 1: China spirits market value: $ million, 2017–22
- Figure 2: China spirits market volume: million liters, 2017–22
- Figure 3: China spirits market category segmentation: million liters, 2017-2022
- Figure 4: China spirits market geography segmentation: % share, by value, 2022
- Figure 5: China spirits market distribution: % share, by volume, 2022
- Figure 6: China spirits market value forecast: $ million, 2022–27
- Figure 7: China spirits market volume forecast: million liters, 2022–27
- Figure 8: Forces driving competition in the spirits market in China, 2022
- Figure 9: Drivers of buyer power in the spirits market in China, 2022
- Figure 10: Drivers of supplier power in the spirits market in China, 2022
- Figure 11: Factors influencing the likelihood of new entrants in the spirits market in China, 2022
- Figure 12: Factors influencing the threat of substitutes in the spirits market in China, 2022
- Figure 13: Drivers of degree of rivalry in the spirits market in China, 2022
- Figure 14: China spirits market share: % share, by volume, 2022
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