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Champagne Market by Price Point (Economy, Mid-range, and Luxury) and Distribution Channel (Supermarket/Hypermarket, Specialty Stores, On Trade, and Others): Global Opportunity Analysis and Industry Forecast, 2019–2026

A05938
Pages: 190
Jan 2020 | 145 Views
 
Author(s) : Shankar Bhandalkar , Roshan Deshmukh
Tables: 84
Charts: 45
 

The champagne market size was valued at $5.8 billion in 2018, and is estimated to reach $7.4 billion by 2026, registering a CAGR of 3.2% from 2019 to 2026. In 2018, France accounted for more than half of the global champagne market share.

Champagne refers to sparkling wine produced in the Champagne region in France. This alcoholic drink is produced from specific types of grapes Pinot Noir, Pinot Meunier, Chardonnay, Pinot Blanc, and others with specific vineyard practices. Champagne has been consumed for decades as a celebration drink at sport events, anniversaries, parties, weddings, joyous occasions, and corporate events.

Champagne Market

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The global champagne market growth is majorly driven by increase in demand for luxury alcoholic beverages of fine quality. The major share of the consumers of this market belongs to the top 10% of the earning population. Hence, they are more inclined towards fine quality as well as exclusivity of the products, and are willing to pay a premium price for the same, which further drives the growth of the champagne market. As the living standards are increasing globally, the aspiration of consumers to consume luxury goods and services is also expected to grow. As an ingredient, champagne has been gaining popularity in cuisines and variety of cocktails in the food service industry, which is expected to propel the growth of the champagne market during the forecast period. Non-vintage champagnes are the most preferred choice among the consumers, due to their superior quality and reasonable pricing. The non-vintage champagnes are widely consumed for their brand familiarity, taste and aromas of a particular brand or label.

Champagne Market
By Price Point

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The luxury segment would witness the fastest growth, registering a CAGR of 4.0% during the forecast.

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The global champagne market is segmented into price point, distribution channel, and region. By price point, the market is divided into economy, mid-range, and luxury. By distribution channel, it is segregated into supermarket/hypermarket, specialty stores, on trade, and others. Region wise, the champagne market analysis is carried out across North America (U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, Spain, and rest of Europe), Asia-Pacific (China, Japan, Australia, India, and rest of Asia-Pacific), and LAMEA (the Middle East, Latin America, and Africa).

On the basis of price point, the economy segment was dominated the global market in 2018, which accounted for more than half of the share, and is expected to retain its dominance throughout the champagne market forecast period. Rise in income of middle–class and upper middle-class population in developing countries has increased the consumption of economically priced champagne on special occasions for celebrations, thereby boosting the market growth.

Champagne Market
By Distribution Channel

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On trade segment would witness the fastest growth, registering a CAGR of 4.0% during the forecast period.

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Depending on distribution channel, the supermarket/hypermarket segment held a significant share in the global market in 2018. However, the demand for on trade distribution channels is on an increase with changes in consumer preferences, due to rise in disposable income. In addition, surge in number of younger population and change in preference (to visit bars and restaurants) of the consumers makes way for the growth of the on trade distribution channel segment.

Champagne Market
By Region

2026
Europe 
North America
Asia-Pacific
LAMEA

Europe is the largest market growing at a CAGR of 2.9% from 2019-2026.

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Region wise, Europe garnered the maximum share in the global champagne market. This is attributed to high per capita consumption of champagne in majority of the countries in Europe, including France, Germany, Italy, and the UK. The fast pace of urbanization globally has resulted in increased demand for luxury goods and services, especially in developing economies like China, Brazil, India and other countries in LAMEA and Asia-Pacific. Furthermore, consumption of champagne at special occasions is considered to be a status symbol, which is anticipated to offer lucrative opportunities to manufacturers to distribute and sell their products. In addition, organization of international events such as film festivals, art exhibitions, auctions, and awards shows has increased the demand for champagnes at such social affairs, thereby augmenting the growth of the champagne market.

The players in the champagne market have adopted product launch and business expansion as their key developmental strategies to expand their share, increase profitability, and remain competitive. The key players profiled in the report include Laurent Perrier, Centre Vinicole - Champagne Nicolas Feuillatte, Louis Vuitton SE, Taittinger, Pernod Ricard, LANSON-BCC, Thiénot Bordeaux-Champagnes, Piper-Heidsieck, Pommery, and Veuve Clicquot Ponsardin.

Key Benefits for Stakeholders

  • The report provides a quantitative analysis of the current champagne market trends, estimations, and dynamics of the market size from 2018 to 2026 to identify the prevailing opportunities.
  • Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.
  • In-depth analysis and the market size and segmentation assists to determine the prevailing champagne market opportunities.
  • The major countries in each region are mapped according to their revenue contribution to the market. 
  • The market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of the market players in the champagne industry.

Key Market Segments

By Price Point

  • Economy
  • Mid-range
  • Luxury

By Distribution channel

  • Supermarket/Hypermarket
  • Specialty Stores
  • On Trade
  • Others

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Spain
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • Australia
    • India
    • Rest of Asia-Pacific
  • 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. Parent Market Overview: Wine Market (2019)
3.3. Key findings

3.3.1. Top investment pockets

3.4. Value chain analysis
3.5. Porter’s five forces analysis

3.5.1. Low bargaining power of suppliers
3.5.2. High bargaining power of buyers
3.5.3. High threat of substitution
3.5.4. High threat of new entrants
3.5.5. Moderate intensity of competitive rivalry

3.6. Market dynamics

3.6.1. Drivers

3.6.1.1. Increase in demand for premium quality luxury products
3.6.1.2. Increase in disposable income due to rapid urbanization

3.6.2. Restraints

3.6.2.1. Implementation of stringent government policies toward advertisement and distribution
3.6.2.2. Selective distribution of products

3.6.3. Opportunities

3.6.3.1. Providing selected standardized premium products to retailers and other distributors
3.6.3.2. Emerging markets present lucrative opportunities

CHAPTER 4: CHAMPAGNE MARKET, BY PRICE POINT

4.1. Overview

4.1.1. Market size and forecast

4.2. Economy

4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market size and forecast

4.3. Mid-range

4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast

4.4. Luxury

4.4.1. Key market trends, growth factors, and opportunities
4.4.2. Market size and forecast

CHAPTER 5: CHAMPAGNE MARKET, BY DISTRIBUTION CHANNEL

5.1. Overview

5.1.1. Market size and forecast

5.2. Supermarket/hypermarket

5.2.1. Key market trends, growth factors, and opportunities
5.2.2. Market size and forecast

5.3. Specialty Store

5.3.1. Key market trends, growth factors, and opportunities
5.3.2. Market size and forecast

5.4. On-trade

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: CHAMPAGNE 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 price point
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 price point
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 price point
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 price point
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 price point
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 price point
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 price point
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 price point
6.3.4.3.2. Market size and forecast by distribution channel

6.3.4.4. Belgium

6.3.4.4.1. Market size and forecast by price point
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 price point
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 price point
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 price point
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 price point
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 price point
6.4.4.2.2. Market size and forecast by distribution channel

6.4.4.3. Australia

6.4.4.3.1. Market size and forecast by price point
6.4.4.3.2. Market size and forecast by distribution channel

6.4.4.4. South Korea

6.4.4.4.1. Market size and forecast by price point
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 price point
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 price point
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 price point
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 price point
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 price point
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

CHAPTER 8: COMPANY PROFILES

8.1. Center Vinicole - Champagne Nicolas Feuillatte

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. Key Strategic Moves and developments

8.2. LVMH Group (DFS Group Limited)

8.2.1. Company overview
8.2.2. Company snapshot
8.2.3. Operating business segments
8.2.4. Product portfolio
8.2.5. Business performance
8.2.6. Key Strategic Moves and developments

8.3. Lanson-BCC

8.3.1. Company overview
8.3.2. Key executives
8.3.3. Company snapshot
8.3.4. Product portfolio
8.3.5. Business performance
8.3.6. Key Strategic Moves and developments

8.4. Laurent-Perrier

8.4.1. Company overview
8.4.2. Key executives
8.4.3. Company snapshot
8.4.4. Product portfolio
8.4.5. Key Strategic Moves and developments

8.5. Palmer & Co

8.5.1. Company overview
8.5.2. Company snapshot
8.5.3. Product portfolio

8.6. Pernod Ricard

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

8.7. Piper-Heidsieck

8.7.1. Company overview
8.7.2. Company snapshot
8.7.3. Product portfolio

8.8. Taittinger

8.8.1. Company overview
8.8.2. Key executives
8.8.3. Company snapshot
8.8.4. Product portfolio
8.8.5. Key Strategic Moves and developments

8.9. THIÉNOT BORDEAUX-CHAMPAGNE

8.9.1. Company overview
8.9.2. Company snapshot
8.9.3. Product portfolio

8.10. Vranken Pommery Monopole SA

8.10.1. Company overview
8.10.2. Company snapshot
8.10.3. Product portfolio

LIST OF TABLES

TABLE 01. CHAMPAGNE MARKET REVENUE, BY PRICE POINT, 2018–2026 ($MILLION)
TABLE 02. ECONOMY CHAMPAGNE MARKET REVENUE, BY REGION, 2018–2026 ($MILLION)
TABLE 03. MID-RANGE CHAMPAGNE MARKET REVENUE, BY REGION, 2018–2026 ($MILLION)
TABLE 04. LUXURY CHAMPAGNE MARKET REVENUE, BY REGION, 2018–2026 ($MILLION)
TABLE 05. CHAMPAGNE MARKET REVENUE, BY DISTRIBUTION CHANNEL 2018–2026 ($MILLION)
TABLE 06. CHAMPAGNE MARKET REVENUE FOR SUPERMARKET/HYPERMARKET, BY REGION, 2018–2026 ($MILLION)
TABLE 07. CHAMPAGNE MARKET REVENUE FOR SPECIALTY STORE, BY REGION, 2018–2026 ($MILLION)
TABLE 08. CHAMPAGNE MARKET REVENUE FOR ON-TRADE, BY REGION, 2018–2026 ($MILLION)
TABLE 09. CHAMPAGNE MARKET REVENUE FOR OTHERS, BY REGION, 2018–2026 ($MILLION)
TABLE 10. CHAMPAGNE MARKET REVENUE, BY REGION, 2018–2026 ($MILLION)
TABLE 11. NORTH AMERICA CHAMPAGNE MARKET REVENUE, BY PRICE POINT, 2018–2026 ($MILLION)
TABLE 12. NORTH AMERICA CHAMPAGNE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2018–2026 ($MILLION)
TABLE 13. NORTH AMERICA CHAMPAGNE MARKET REVENUE, BY COUNTRY, 2018–2026 ($MILLION)
TABLE 14. U.S. CHAMPAGNE MARKET REVENUE, BY PRICE POINT, 2018–2026 ($MILLION)
TABLE 15. U.S. CHAMPAGNE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2018–2026 ($MILLION)
TABLE 16. CANADA CHAMPAGNE MARKET REVENUE, BY PRICE POINT, 2018–2026 ($MILLION)
TABLE 17. CANADA CHAMPAGNE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2018–2026 ($MILLION)
TABLE 18. MEXICO CHAMPAGNE MARKET REVENUE, BY PRICE POINT, 2018–2026 ($MILLION)
TABLE 19. MEXICO CHAMPAGNE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2018–2026 ($MILLION)
TABLE 20. EUROPE CHAMPAGNE MARKET REVENUE, BY PRICE POINT, 2018–2026 ($MILLION)
TABLE 21. EUROPE CHAMPAGNE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2018–2026 ($MILLION)
TABLE 22. EUROPE CHAMPAGNE MARKET REVENUE, BY COUNTRY, 2018–2026 ($MILLION)
TABLE 23. GERMANY CHAMPAGNE MARKET REVENUE, BY PRICE POINT, 2018–2026 ($MILLION)
TABLE 24. GERMANY CHAMPAGNE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2018–2026 ($MILLION)
TABLE 25. FRANCE CHAMPAGNE MARKET REVENUE, BY PRICE POINT, 2018–2026 ($MILLION)
TABLE 26. FRANCE CHAMPAGNE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2018–2026 ($MILLION)
TABLE 27. UK CHAMPAGNE MARKET REVENUE, BY PRICE POINT, 2018–2026 ($MILLION)
TABLE 28. UK CHAMPAGNE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2018–2026 ($MILLION)
TABLE 29. BELGIUM CHAMPAGNE MARKET REVENUE, BY PRICE POINT, 2018–2026 ($MILLION)
TABLE 30. BELGIUM CHAMPAGNE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2018–2026 ($MILLION)
TABLE 31. ITALY CHAMPAGNE MARKET REVENUE, BY PRICE POINT, 2018–2026 ($MILLION)
TABLE 32. ITALY CHAMPAGNE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2018–2026 ($MILLION)
TABLE 33. REST OF EUROPE CHAMPAGNE MARKET REVENUE, BY PRICE POINT, 2018–2026 ($MILLION)
TABLE 34. REST OF EUROPE CHAMPAGNE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2018–2026 ($MILLION)
TABLE 35. ASIA-PACIFIC CHAMPAGNE MARKET REVENUE, BY PRICE POINT, 2018–2026 ($MILLION)
TABLE 36. ASIA-PACIFIC CHAMPAGNE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2018–2026 ($MILLION)
TABLE 37. ASIA-PACIFIC CHAMPAGNE MARKET REVENUE, BY COUNTRY, 2018–2026 ($MILLION)
TABLE 38. CHINA CHAMPAGNE MARKET REVENUE, BY PRICE POINT, 2018–2026 ($MILLION)
TABLE 39. CHINA CHAMPAGNE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2018–2026 ($MILLION)
TABLE 40. JAPAN CHAMPAGNE MARKET REVENUE, BY PRICE POINT, 2018–2026 ($MILLION)
TABLE 41. JAPAN CHAMPAGNE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2018–2026 ($MILLION)
TABLE 42. AUSTRALIA CHAMPAGNE MARKET REVENUE, BY PRICE POINT, 2018–2026 ($MILLION)
TABLE 43. AUSTRALIA CHAMPAGNE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2018–2026 ($MILLION)
TABLE 44. SOUTH KOREA CHAMPAGNE MARKET REVENUE, BY PRICE POINT, 2018–2026 ($MILLION)
TABLE 45. SOUTH KOREA CHAMPAGNE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2018–2026 ($MILLION)
TABLE 46. REST OF ASIA-PACIFIC CHAMPAGNE MARKET REVENUE, BY PRICE POINT, 2018–2026 ($MILLION)
TABLE 47. REST OF ASIA-PACIFIC CHAMPAGNE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2018–2026 ($MILLION)
TABLE 48. LAMEA CHAMPAGNE MARKET REVENUE, BY PRICE POINT, 2018–2026 ($MILLION)
TABLE 49. LAMEA CHAMPAGNE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2018–2026 ($MILLION)
TABLE 50. LAMEA CHAMPAGNE MARKET REVENUE, BY COUNTRY, 2018–2026 ($MILLION)
TABLE 51. LATIN AMERICA CHAMPAGNE MARKET REVENUE, BY PRICE POINT, 2018–2026 ($MILLION)
TABLE 52. LATIN AMERICA CHAMPAGNE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2018–2026 ($MILLION)
TABLE 53. MIDDLE EAST CHAMPAGNE MARKET REVENUE, BY PRICE POINT, 2018–2026 ($MILLION)
TABLE 54. MIDDLE EAST CHAMPAGNE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2018–2026 ($MILLION)
TABLE 55. AFRICA CHAMPAGNE MARKET REVENUE, BY PRICE POINT, 2018–2026 ($MILLION)
TABLE 56. AFRICA CHAMPAGNE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2018–2026 ($MILLION)
TABLE 57. CENTER VINICOLE - CHAMPAGNE NICOLAS FEUILLATTE: KEY EXECUTIVES
TABLE 58. CENTER VINICOLE - CHAMPAGNE NICOLAS FEUILLATTE: COMPANY SNAPSHOT
TABLE 59. CENTER VINICOLE - CHAMPAGNE NICOLAS FEUILLATTE: OPERATING SEGMENTS
TABLE 60. CENTER VINICOLE - CHAMPAGNE NICOLAS FEUILLATTE: PRODUCT PORTFOLIO
TABLE 61. LVMH: COMPANY SNAPSHOT
TABLE 62. LVMH: OPERATING SEGMENTS
TABLE 63. LVMH: PRODUCT PORTFOLIO
TABLE 64. LANSON-BCC: KEY EXECUTIVES
TABLE 65. LANSON-BCC: COMPANY SNAPSHOT
TABLE 66. LANSON-BCC: PRODUCT PORTFOLIO
TABLE 67. LAURENT-PERRIER: KEY EXECUTIVES
TABLE 68. LAURENT-PERRIER: COMPANY SNAPSHOT
TABLE 69. LAURENT-PERRIER: PRODUCT PORTFOLIO
TABLE 70. PALMER & CO: COMPANY SNAPSHOT
TABLE 71. PALMER & CO: PRODUCT PORTFOLIO
TABLE 72. PERNOD RICARD: KEY EXECUTIVES
TABLE 73. PERNOD RICARD: COMPANY SNAPSHOT
TABLE 74. PERNOD RICARD: OPERATING BUSINESS SEGMENTS
TABLE 75. PERNOD RICARD: PRODUCT PORTFOLIO
TABLE 76. PIPER-HEIDSIECK: COMPANY SNAPSHOT
TABLE 77. PIPER-HEIDSIECK: PRODUCT PORTFOLIO
TABLE 78. TAITTINGER: KEY EXECUTIVES
TABLE 79. TAITTINGER: COMPANY SNAPSHOT
TABLE 80. TAITTINGER: PRODUCT PORTFOLIO
TABLE 81. THIÉNOT BORDEAUX-CHAMPAGNE: COMPANY SNAPSHOT
TABLE 82. THIÉNOT BORDEAUX-CHAMPAGNE: PRODUCT PORTFOLIO
TABLE 83. VRANKEN POMMERY MONOPOLE SA: COMPANY SNAPSHOT
TABLE 84. VRANKEN POMMERY MONOPOLE SA: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01. CHAMPAGNE MARKET SNAPSHOT
FIGURE 02. GLOBAL CHAMPAGNE MARKET SEGMENTATION
FIGURE 03. PARENT MARKET OVERVIEW: WINE MARKET (2019)
FIGURE 04. TOP INVESTMENT POCKETS
FIGURE 05. VALUE CHAIN ANALYSIS
FIGURE 06. CHAMPAGNE MARKET: DRIVERS, RESTRAINTS, AND OPPORTUNITIES
FIGURE 07. CHAMPAGNE MARKET, BY PRICE POINT, 2018 (%)
FIGURE 08. COMPARATIVE SHARE ANALYSIS OF ECONOMY CHAMPAGNE MARKET, BY COUNTRY, 2018 & 2026 (%)
FIGURE 09. MID-RANGE CHAMPAGNE MARKET, COMPARATIVE REGIONAL MARKET SHARE ANALYSIS, 2018 AND 2026 (%)
FIGURE 10. LUXURY CHAMPAGNE MARKET, COMPARATIVE REGIONAL MARKET SHARE ANALYSIS, 2018 AND 2026 (%)
FIGURE 11. CHAMPAGNE MARKET, BY DISTRIBUTION CHANNEL, 2018 (%)
FIGURE 12. CHAMPAGNE MARKET FOR SUPERMARKET/HYPERMARKET, COMPARATIVE COUNTRY MARKET SHARE ANALYSIS, 2018 AND 2026 (%)
FIGURE 13. CHAMPAGNE MARKET FOR SPECIALTY STORE, COMPARATIVE REGIONAL MARKET SHARE ANALYSIS, 2018 AND 2026 (%)
FIGURE 14. CHAMPAGNE MARKET FOR ON-TRADE, COMPARATIVE REGIONAL MARKET SHARE ANALYSIS, 2018 AND 2026 (%)
FIGURE 15. CHAMPAGNE MARKET FOR OTHERS, COMPARATIVE REGIONAL MARKET SHARE ANALYSIS, 2018 AND 2026 (%)
FIGURE 16. CHAMPAGNE MARKET, BY REGION, 2018 (%)
FIGURE 17. U.S. CHAMPAGNE MARKET REVENUE, 2018–2026 ($MILLION)
FIGURE 18. CANADA CHAMPAGNE MARKET REVENUE, 2018–2026 ($MILLION)
FIGURE 19. MEXICO CHAMPAGNE MARKET REVENUE, 2018–2026 ($MILLION)
FIGURE 20. GERMANY CHAMPAGNE MARKET REVENUE, 2018–2026 ($MILLION)
FIGURE 21. FRANCE CHAMPAGNE MARKET REVENUE, 2018–2026 ($MILLION)
FIGURE 22. UK CHAMPAGNE MARKET REVENUE, 2018–2026 ($MILLION)
FIGURE 23. BELGIUM CHAMPAGNE MARKET REVENUE, 2018–2026 ($MILLION)
FIGURE 24. ITALY CHAMPAGNE MARKET REVENUE, 2018–2026 ($MILLION)
FIGURE 25. REST OF EUROPE CHAMPAGNE MARKET REVENUE, 2018–2026 ($MILLION)
FIGURE 26. CHINA CHAMPAGNE MARKET REVENUE, 2018–2026 ($MILLION)
FIGURE 27. JAPAN CHAMPAGNE MARKET REVENUE, 2018–2026 ($MILLION)
FIGURE 28. AUSTRALIA CHAMPAGNE MARKET REVENUE, 2018–2026 ($MILLION)
FIGURE 29. SOUTH KOREA CHAMPAGNE MARKET REVENUE, 2018–2026 ($MILLION)
FIGURE 30. REST OF ASIA-PACIFIC CHAMPAGNE MARKET REVENUE, 2018–2026 ($MILLION)
FIGURE 31. LATIN AMERICA CHAMPAGNE MARKET REVENUE, 2018–2026 ($MILLION)
FIGURE 32. MIDDLE EAST CHAMPAGNE MARKET REVENUE, 2018–2026 ($MILLION)
FIGURE 33. AFRICA CHAMPAGNE MARKET REVENUE, 2018–2026 ($MILLION)
FIGURE 34. TOP WINNING STRATEGIES, BY YEAR, 2016–2019*
FIGURE 35. TOP WINNING STRATEGIES, BY DEVELOPMENT, 2016–2019* (%)
FIGURE 36. TOP WINNING STRATEGIES, BY COMPANY, 2016–2019*
FIGURE 37. TOP PLAYER POSITIONING OF TOP 10 KEY PLAYERS
FIGURE 38. COMPETITIVE HEATMAP OF TOP 10 KEY PLAYERS
FIGURE 39. COMPETITIVE DASHBOARD OF TOP 10 KEY PLAYERS
FIGURE 40. LVMH: NET SALES, 2016–2018 ($MILLION)
FIGURE 41. LVMH: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 42. LVMH: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 43. LANSON-BCC: NET SALES, 2016–2018 ($MILLION)
FIGURE 44. PERNOD RICARD: NET SALES, 2016–2018 ($MILLION)
FIGURE 45. PERNOD RICARD: REVENUE SHARE BY REGION, 2018 (%)

 
 

Rise in demand for innovative flavors of champagne is the major factor that boosts the champagne consumption. Huge demand for non-vintage champagne has been witnessed during the past years. This is attributed to increase in consumer attractiveness toward non-vintage champagnes, owing to its significant quality and reasonable pricing. The demand for flavors of champagnes have led manufacturers to invest more in R&D, thereby propelling the market growth.

The champagne consumption is led by Europe, as the region has higher per capita daily consumption of champagne as compared to other regions. However, Asia-Pacific has been offering incremental opportunities for the champagne market, owing to increase in disposable income and rise in aspiration of consumers toward experiential luxury. Furthermore, manufacturers are focused toward providing innovative and attractive product offerings, in terms of packaging, flavor, and style of the products to gain a higher share in the champagne market.

 

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A. The growth rate of the champagne market is 3.2% during the forecast period

A. The global champagne market was valued at $5.8 billion in 2018 and is anticipated to reach $7.4 billion by 2026.

A. The leading manufacturing companies in the Champagne market include Laurent Perrier, Centre Vinicole - Champagne Nicolas Feuillatte, LVMH, Taittinger, Pernod Ricard, LANSON-BCC, Thiénot Bordeaux-Champagnes, Piper-Heidsieck, Pommery, and Palmer & Co

A. Product and packaging innovation and availability of new flavors of champagnes is likely to shape the future of the champagne industry in the near future.

A. Increase in demand for premium quality luxury products and increasing disposable income due to rapid urbanization are driving the champagne market and the growing demand from emerging markets is offering opportunities for champagne market

A. Stringent government policies about the advertisement and promotion and selective distribution of the champagne products are the challenges faced by champagne market

A. The on-trade channel witnessed the highest growth rate owing to increasing penetration of the bars and lounge culture, which in turn, boosting the growth of the market during the forecast period

A. Owing to the increasing consumption of champagne as a celebration drink and its growing consumption among on trade channels, the market is likely to grow at a significant rate during the forecast period.

 

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