Global Luxury Wines & Spirits Market Research Report Forecast to 2023




Luxury Wines and Spirits Market: By Type (Wine, Whisky, Rum, Brandy, Vodka, Gin, Tequila and Others), By Distribution Channel (Food Retail and Food Service), and By Region – Global Forecast till 2023
Market analysis

Worldwide utilization of luxury wines and spirits has spiraled upwards lately. MRFR’s examination uncovers that in excess of 83,900 hectoliters of the luxury wines and spirits were expended in 2018. According to the examination, there is a solid worldwide market for the luxury wines and soul. Also, the luxury wines and spirits market is foreseen to post a CAGR of 5.22% amid the figure time frame (2018-2023). Ascend in the number of high total assets people, development of the luxury travel industry and expanded optional spending are some of the factors influencing the growth of the global luxury wines and spirits market. Moreover, the development of new wineries in China and India portrays the exponential extension of the winemaking industry in these nations.

Market segmentation

The global Luxury Wines and Spirits Market is segmented on the basis of its type, distribution channel, and regional demand. Based on its type, the global Luxury Wines and Spirits Market is segmented into Whisky, Wine, Vodka, Tequila, Rum, Brandy, Gin, Others. On the basis of its distribution channel, the global Luxury Wines and Spirits Market is bifurcated into food service and food retail.

Regional demand

Geographically, the global Luxury Wines and Spirits Market is divided into global regions like Europe, North America, Asia- Pacific, Middle East, LATAM, and Africa.

Major players

Diageo PLC, William Grant & Sons Limited, Beam Suntory Inc., Thai Beverage PLC, LVMH Moet Hennessy Louis Vuitton S.E, The Edrington Group Limited, and Hitejinro Co., Ltd, Brown-Forman, Pernod Ricard SA, Bacardi & Company Limited, Campari-Milano S.p.A, Bayadera Group, among others are some of the major players in the global Luxury Wines and Spirits Market.

Table of Contents

Table of Contents:

1 Executive Summary
2 Market Introduction
2.1 Definition
2.2 Scope of the Study
2.3 List of Assumptions
2.4 Market Structure
2.5 Key Takeaways
2.6 Key Buying Criteria
3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
4 Market Dynamics
4.1 Introduction
4.2 Drivers
4.2.1 Rise in Number of High Net Worth Individuals
4.2.2 Growth of Luxury Travel Industry
4.2.3 Rise in Per Capita Disposable Income
4.3 Restraints
4.3.1 Drifting Consumer Preference Towards Non-Alcoholic Beverages
4.3.2 Stringent Government Policies
4.4 Opportunities
4.4.1 Differentiation Through Packaging, Digitization, and Branding
4.4.2 Adoption of Growth Strategies
4.5 Challenges
4.5.1 Maintaining Brand Prestige and Authenticity
5 Market Factor Analysis
5.1 Value Chain Analysis
5.1.1 Raw Material Procurement
5.1.2 Processing
5.1.3 Packaging
5.2 Supply Chain Analysis
5.3 Porter’s Five Forces Analysis
5.3.1 Threat of New Entrants
5.3.2 Threat of Substitutes
5.3.3 Bargaining Power of Buyers
5.3.4 Bargaining Power of Suppliers
5.3.5 Competitive Rivalry
6 Global Luxury Wines & Spirits Market, By Type
6.1 Overview
6.1.1 Wine
6.1.2 Whisky
6.1.3 Rum
6.1.4 Brandy
6.1.5 Vodka
6.1.6 Gin
6.1.7 Tequila
6.1.8 Others
7 Global Luxury Wines & Spirits Market, By Distribution Channel
7.1 Overview
7.1.1 Food Retail
7.1.2 Food Service
8 Global Luxury Wines & Spirits Market, By Region
8.1 Introduction
8.2 North America
8.2.1 U.S.
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 UK
8.3.3 France
8.3.4 Spain
8.3.5 Italy
8.3.6 Rest of Europe
8.4 Asia Pacific
8.4.1 China
8.4.2 India
8.4.3 Japan
8.4.4 Australia & New Zealand
8.4.5 Rest of Asia-Pacific
8.5 Rest of the World
8.5.1 Middle East
8.5.2 Africa
8.5.3 South America
9 Competitive Landscape
10 Company Profiles
10.1 Pernod Ricard SA
10.1.1 Company Overview
10.1.2 Financial Overview
10.1.3 Products Offered
10.1.4 Key Strategies
10.2 Brown-Forman Corporation
10.2.1 Company Overview
10.2.2 Financial Overview
10.2.3 Products Offered
10.2.4 Key Strategies
10.3 Diageo PLC
10.3.1 Company Overview
10.3.2 Financial Overview
10.3.3 Products Offered
10.3.4 Key Strategies
10.4 Bacardi & Company Limited
10.4.1 Company Overview
10.4.2 Financial Overview
10.4.3 Products Offered
10.4.4 Key Strategies
10.5 Thai Beverage PLC
10.5.1 Company Overview
10.5.2 Financial Overview
10.5.3 Products Offered
10.5.4 Key Strategies
10.6 Campari-Milano S.p.A.
10.6.1 Company Overview
10.6.2 Financial Overview
10.6.3 Products Offered
10.6.4 Key Strategies
10.7 The Edrington Group Limited
10.7.1 Company Overview
10.7.2 Financial Overview
10.7.3 Products Offered
10.7.4 Key Strategies
10.8 Bayadera Group
10.8.1 Company Overview
10.8.2 Financial Overview
10.8.3 Products Offered
10.8.4 Key Strategies
10.9 LVMH Moët Hennessy Louis Vuitton S.E.
10.9.1 Company Overview
10.9.2 Financial Overview
10.9.3 Products Offered
10.9.4 Key Strategies
10.1 William Grant & Sons Limited
10.10.1 Company Overview
10.10.2 Financial Overview
10.10.3 Products Offered
10.10.4 Key Strategies
10.11 Hitejinro Co., Ltd
10.11.1 Company Overview
10.11.2 Financial Overview
10.11.3 Products Offered
10.11.4 Key Strategies
10.12 Beam Suntory Inc.
10.12.1 Company Overview
10.12.2 Financial Overview
10.12.3 Products Offered
10.12.4 Key Strategies
11 Conclusion
11.1 Key Findings

Additional information


Geography Covered

Date Published