Luxury Wines and Spirits Market by Type (Wines/Champagnes and Spirits) and Distribution Channel (Wholesale, Retail, E-Commerce, and Others): Global Opportunity Analysis and Industry Forecast, 20202027
- Published Date: 2020-11-18
- Report ID: 18273
- Pages: 213
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Format:
Luxury wines and spirits is a premium consumer goods market that is concentrated on consumers focused on quality rather than pricing. The products offered in this market are high-quality fermented wines and distilled spirits such as rum, vodka, and brandy. They are usually distinguished by their content of alcohol by volume (ABV), which usually varies form 340% in these products. Their consumption is generally associated with events of significant importance in consumers life, for instance celebrations, anniversaries, parties, social gatherings, and personal moments. Currently, the products offered in this market are wines extracted from different fruit juices, for instance, grapes, apples, and pomegranate. Products containing spirits includes distilled beverages such as vodka, whisky, and tequila. Also, with growing popularity of innovative drinks like cocktails, there are numerous combinations of spirits and juices.
The global luxury wines and spirits market was valued at $970 billion in 2019, and is anticipated to reach $1,411 billion by 2027, with a CAGR of 4.9% during the forecast period. Rise in production of wine, advancements in flavor of products, increase in spending on luxurious wines, and surge in number of wineries across the globe are the key factors that fuel the growth of the luxury wines and spirits market.
The global luxury wines and spirits market is generally driven by consumer satisfaction and fine quality of products. Rise in disposable incomes have further increased the consumption of these products as they are considered as status symbols. However, stringent government policies and regulations restrict their sales and distribution in some countries. Selective distribution of these products further limits the availability of these products among consumers. Opportunities like providing quality products to large masses at comparatively less premium pricing can further help boost the growth of this market. In addition, expanding distribution channels to provide these products to larger masses can provide a potential increase in consumers in the coming years.
The luxury wines and spirit market is segmented on the basis of type, distribution channel, and region. By type, it is categorized into wines/champagne and spirits. By distribution channel, it is divided into wholesale, retail, e commerce, and others. Region wise, it is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, Australia, South Korea, and Rest of Asia-Pacific), and LAMEA (the Middle East, Latin America, and Africa).
The key players profiled in this report include Diageo, Pernod Ricard Bacardi, Brown-Forman, Thai Beverage Public Company Limited, Davide Campari-Milano S.p.A, Hitejinro Co.Ltd, Suntory Holdings Limited, Edrington, and LVMH Mot Hennessy - Louis Vuitton.
KEY BENEFITS FOR STAKEHOLDERS
The study provides an in-depth analysis of the global luxury wines and spirit market, with current and future trends to elucidate the imminent investment pockets in the market.
Current and future trends are outlined in the report to determine the overall market attractiveness and single out profitable trends to gain a stronger foothold in the market.
The report provides information regarding drivers, restraints, and opportunities with impact analysis.
A quantitative analysis of the current market and estimation for the same from 2019 to 2027 is provided to showcase the financial competency of the market.
Porters five forces model of the industry illustrates competitiveness of the market by analyzing various parameters such as, threat of new entrants, threat of substitutes, bargaining power of the buyers, and bargaining power of the suppliers operating in the market.
Value chain analysis in the report provides a clear understanding of the roles of stakeholders involved in the value chain.
Competitive intelligence highlights the business practices followed by the leading market players across various regions
KEY MARKET SEGMENTS
By Type
o Wines/Champagne
o Spirits
By Distribution Channel
o Wholesale
o Retail
o E-Commerce
o Others
By Region
o North America
U.S.
Canada
Mexico
o Europe
Germany
France
UK
Spain
Italy
Rest of Europe
o Asia-Pacific
China
Japan
Australia
South Korea
Rest of Asia-Pacific
o LAMEA
Latin America
Middle East
Africa
CHAPTER 1:INTRODUCTION
1.1.Key benefits for stakeholders
1.2.Key market segments
1.3.Research methodology
1.3.1.Secondary research
1.3.2.Primary research
1.3.3.Analyst tools and models
CHAPTER 2:EXECUTIVE SUMMARY
2.1.Key findings of the study
2.2.CXO perspective
CHAPTER 3:MARKET OVERVIEW
3.1.Market definition and scope
3.2.Key findings
3.2.1.Top impacting factors
3.2.2.Top investment pockets
3.3.Value chain analysis
3.4.Porters five forces analysis
3.5.Market dynamics
3.5.1.Drivers
3.5.1.1.Increase in demand for premium quality luxury goods
3.5.1.2.Rise in disposable income and rapid urbanization
3.5.2.Restraints
3.5.2.1.Stringent government policies
3.5.2.2.Selective distribution of products
3.5.3.Opportunities
3.5.3.1.Growth in popularity of cocktail drinks
3.5.3.2.Selected standardized premium products
3.5.3.3.Emerging markets provide enormous opportunities
CHAPTER 4:LUXURY WINES AND SPIRIT MARKET, BY TYPE
4.1.Overview
4.1.1.Market size and forecast
4.2.Wines/Champagnes
4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast
4.3.Spirits
4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast
CHAPTER 5:LUXURY WINES AND SPIRIT MARKET, BY DISTRIBUTION CHANNEL
5.1.Overview
5.1.1.Market size and forecast
5.2.Wholesale
5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast
5.3.Retail
5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast
5.4.E-Commerce
5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast
5.5.Others
5.5.1.Key market trends, growth factors, and opportunities
5.5.2.Market size and forecast
CHAPTER 6:LUXURY WINES AND SPIRITS MARKET, BY REGION
6.1.Overview
6.1.1.Market size and forecast, by region
6.2.North America
6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by type
6.2.3.Market size and forecast, by distribution channel
6.2.4.Market size and forecast, by country
6.2.4.1.U.S.
6.2.4.1.1.Market size and forecast, by type
6.2.4.1.2.Market size and forecast, by distribution channel
6.2.4.2.Canada
6.2.4.2.1.Market size and forecast, by type
6.2.4.2.2.Market size and forecast, by distribution channel
6.2.4.3.Mexico
6.2.4.3.1.Market size and forecast, by type
6.2.4.3.2.Market size and forecast, by distribution channel
6.3.Europe
6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by type
6.3.3.Market size and forecast, by distribution channel
6.3.4.Market size and forecast, by country
6.3.4.1.Germany
6.3.4.1.1.Market size and forecast, by type
6.3.4.1.2.Market size and forecast, by distribution channel
6.3.4.2.France
6.3.4.2.1.Market size and forecast, by type
6.3.4.2.2.Market size and forecast, by distribution channel
6.3.4.3.UK
6.3.4.3.1.Market size and forecast, by type
6.3.4.3.2.Market size and forecast, by distribution channel
6.3.4.4.Spain
6.3.4.4.1.Market size and forecast, by type
6.3.4.4.2.Market size and forecast, by distribution channel
6.3.4.5.Italy
6.3.4.5.1.Market size and forecast, by type
6.3.4.5.2.Market size and forecast, by distribution channel
6.3.4.6.Rest of Europe
6.3.4.6.1.Market size and forecast, by type
6.3.4.6.2.Market size and forecast, by distribution channel
6.4.Asia-Pacific
6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by type
6.4.3.Market size and forecast, by distribution channel
6.4.4.Market size and forecast, by country
6.4.4.1.China
6.4.4.1.1.Market size and forecast, by type
6.4.4.1.2.Market size and forecast, by distribution channel
6.4.4.2.Japan
6.4.4.2.1.Market size and forecast, by type
6.4.4.2.2.Market size and forecast, by distribution channel
6.4.4.3.India
6.4.4.3.1.Market size and forecast, by type
6.4.4.3.2.Market size and forecast, by distribution channel
6.4.4.4.Australia
6.4.4.4.1.Market size and forecast, by type
6.4.4.4.2.Market size and forecast, by distribution channel
6.4.4.5.Rest of Asia-Pacific
6.4.4.5.1.Market size and forecast, by type
6.4.4.5.2.Market size and forecast, by distribution channel
6.5.LAMEA
6.5.1.Key market trends, growth factors, and opportunities
6.5.2.Market size and forecast, by type
6.5.3.Market size and forecast, by distribution channel
6.5.4.Market size and forecast, by country
6.5.4.1.Latin America
6.5.4.1.1.Market size and forecast, by type
6.5.4.1.2.Market size and forecast, by distribution channel
6.5.4.2.Middle East
6.5.4.2.1.Market size and forecast by type
6.5.4.2.2.Market size and forecast, by distribution channel
6.5.4.3.Africa
6.5.4.3.1.Market size and forecast, by type
6.5.4.3.2.Market size and forecast, by distribution channel
CHAPTER 7:COMPETITION LANDSCAPE
7.1.Top winning strategies
7.2.Top Player Positioning
7.3.Competitive heatmap
7.4.Competitive dashboard
7.5.Key Developments
7.5.1.Product Launch
7.5.2.Acquisition
7.5.3.Business Expansion
7.5.4.Agreement
CHAPTER 8:COMPANY PROFILES
8.1.DIAGEO
8.1.1.Company overview
8.1.2.Key Executives
8.1.3.Company snapshot
8.1.4.Operating business segments
8.1.5.Product portfolio
8.1.6.Business performance
8.1.7.Key strategic moves and developments
8.2.PERNOD RICARD
8.2.1.Company overview
8.2.2.Key Executives
8.2.3.Company snapshot
8.2.4.Operating business segments
8.2.5.Product portfolio
8.2.6.Business performance
8.2.7.Key strategic moves and developments
8.3.BACARDI
8.3.1.Company overview
8.3.2.Key Executives
8.3.3.Company snapshot
8.3.4.Operating business segments
8.3.5.Product portfolio
8.4.BROWN-FORMAN
8.4.1.Company overview
8.4.2.Key Executives
8.4.3.Company snapshot
8.4.4.Operating business segments
8.4.5.Product portfolio
8.4.6.Business performance
8.4.7.Key strategic moves and developments
8.5.THAIBEV
8.5.1.Company overview
8.5.2.Key Executives
8.5.3.Company snapshot
8.5.4.Operating business segments
8.5.5.Product portfolio
8.5.6.Business performance
8.5.7.Key strategic moves and developments
8.6.DAVIDE CAMPARI-MILANO S.P.A.
8.6.1.Company overview
8.6.2.Key Executives
8.6.3.Company snapshot
8.6.4.Operating business segments
8.6.5.Product portfolio
8.6.6.Business performance
8.6.7.Key strategic moves and developments
8.7.HITEJINRO CO.LTD
8.7.1.Company overview
8.7.2.Key Executive
8.7.3.Company snapshot
8.7.4.Operating business segments
8.7.5.Product portfolio
8.7.6.Business performance
8.7.7.Key strategic moves and developments
8.8.SUNTORY HOLDINGS LIMITED
8.8.1.Company overview
8.8.2.Key Executive
8.8.3.Company snapshot
8.8.4.Product portfolio
8.8.5.Business performance
8.8.6.Key strategic moves and developments
8.9.EDRINGTON
8.9.1.Company overview
8.9.2.Key Executive
8.9.3.Company snapshot
8.9.4.Product portfolio
8.9.5.Business performance
8.9.6.Key strategic moves and developments
8.10.LVMH MOT HENNESSY - LOUIS VUITTON
8.10.1.Company overview
8.10.2.Key Executives
8.10.3.Company snapshot
8.10.4.Operating business segments
8.10.5.Product portfolio
8.10.6.Business performance
8.10.7.Key strategic moves and developments
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