China Wine Market: Market Size, Forecast, Insights, and Competitive Landscape
The China wine market is expected to grow at a CAGR of around 6.8% during 2025-2034. This report on China wine market provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the China wine market by segmenting the market based on product type, colour, distribution channel, and region. Also, detailed profiles of companies operating in the China wine market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.
Market Drivers
• Massive Population • Increased discretionary income leading to a rise in young people’s alcohol use • Increasing acceptance of alcohol in social circles has resulted in strong and consistent alcohol consumption
Market Challenges
• Increase in the production of low-grade local wine, limits the wine market.
Historical & Forecast Period
Base Year: 2024 Historical Period: 2020-2024 Forecast Period: 2025-2034