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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, 2020–2027

A01484
Pages: 213
Jun 2020 | 16199 Views
 
Author(s) : Raju Kale , Roshan Deshmukh
Tables: 102
Charts: 64
 

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The global luxury wines and spirits market size 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. Luxury wines and spirits constitute alcoholic beverages having alcohol by volume (ABV) ranging from 3 to 40%. The drinks currently offered in the market are wines and distilled spirits, which generally are of fine quality and premium priced. These products are generally consumed during occasions such as marriages, parties, social gatherings, and other celebrations. Owing to government regulations, these beverages cannot be consumed by people aged below 17 years of age in most countries. Therefore, these beverages are increasingly becoming popular among middle-aged consumers, who are between 35 and 55 years of age.  

As the living standards of people have increased globally, the aspiration of customers to consume premium quality luxury products is also expected to grow. The consumption of these products is often associated with occasions such as celebrations. Furthermore, dependency of these products at marriages, parties, and social gatherings is anticipated to drive the market in the coming years. Moreover, the premium luxurious product market experienced considerable growth across most regions in 2019, driven primarily by robust consumption. Luxury brands have started to develop accurate social media strategies to engage tech-savvy young consumers in social media activities that seek greater value for money, more personalization, and integrated digital access. A significant increase has been witnessed in the number of netizens along with rise in internet penetration. Most key players in the luxury wines and spirits market strategize on promoting their products on various social media platforms. Thus, through the social media marketing strategy, the luxury wines and spirits market is expected to sight critical growth opportunity during the forecast period.  

Rise in number of consumers suffering from alcohol addiction has been a great concern for governments of different nations. As a result, many governments have imposed stringent rules and regulations about sales and distribution of these products. Moreover, there are restrictions on advertisements and promotions of such products, which restricts the marketing strategies available to manufacturers. In addition, some governments also support campaigns and non-government organizations (NGO) that condemn the use of such beverages. These factors act as major hindrances for the market growth.

Emerging nations are expected to provide major opportunities for the luxury wines and spirits market growth during the forecast period. Rise in acceptance of wines and spirits consumption and surge in popularity of vintage wines for special occasions are expected to stimulate the market growth in nations such as China, Canada, and Germany. Moreover, rise in social media trends in developed countries is also taking lifestyle of millennials and Gen Z toward spending more on premium products, which is expected to open new avenues for the market participants to enter emerging markets.  

Luxury-Wines-&-Spirits-Market-2020-2027

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According to the luxury wines and spirits market analysis, the market is segmented on the basis of type, distribution channel, and region. By type, it is categorized into wines/champagnes and spirits. By distribution channel, it is divided into wholesale, retail, e-commerce, and others. Region-wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, and Rest of Asia-Pacific), and LAMEA ( Latin America, the Middle East, and Africa).   

Luxury Wines and Spirits Market
By Type

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The Spirits segment helds the major share of 61.04% in 2019

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On the basis of type, the spirits segment accounted for the maximum share in the global market in 2019 and is likely to remain dominance throughout the luxury wines and spirits market forecast period. The luxury spirits market currently offers alcoholic drinks such as vodka, gin, rum, and brandy that have more alcohol by volume (ABV) than other alcoholic beverages. The luxury spirits market has seen a significant growth, owing to increase in popularity of cocktail drinks. Spirits are majorly consumed in Europe, as the region host numerous sports and other events where consumption of alcoholic beverages is a common trend. 

Luxury Wines and Spirits Market
By Distribution Channel

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The Retail segment witness a CAGR of 4.30% from 2020-2027

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On the basis of distribution channel, the retail segment held a significant luxury wines and spirits market share in 2019. Growth of the retail segment in the market can be attributed to increase in adoption of retail shops in both mature and emerging markets. Moreover, one stop solution provided by these retail formats make it a very popular option among consumers. Furthermore, these retail formats offer a wide range of products at a competitive price to customers and are usually located at easily accessible areas, which adds to the overall attractiveness of this segment.

Luxury Wines and Spirits Market
By Region

2027
Europe 
North America
Asia-pacific
Lamea

The Europe region helds the higest market share of 41.22% in 2019

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On the basis of region, Europe dominated the market in 2019, and accounting for the maximum share. The Europe luxury wines and spirits market is mature and homogenous with high penetration, which is dominated by leading key players such as Campari, Bacardi, Pernod Richard, and Diageo. Changing lifestyle, owing to considerable rise in disposable income, further boosts the demand for luxury wines and spirits in Europe. To cater to increase in demand from customers, companies are acquiring big and local players to increase their product portfolio of luxury wines and spirit products in Europe. 

Players in the luxury wines and spirits market have adopted business expansion and product launch as their key developmental strategies to expand their market share, increase profitability, and remain competitive in the market. The key players profiled in the 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 Moët Hennessy - Louis Vuitton.  
 
Key Benefits For Stakeholders  

  • The report provides a quantitative analysis of the current luxury wines and spirits market trends, estimations, and dynamics of the market size from 2019 to 2027 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 in determining the prevailing luxury wines and spirits market opportunity.

  • 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 luxury wines and spirits industry.

Key Market Segments   

By Type 

  • Wines/Champagnes
  • Spirits

By Distribution Channel

  • Wholesale
  • Retail
  • E-Commerce
  • Others

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Spain
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • Australia
    • South Korea
    • 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.Key findings

3.2.1.Top impacting factors
3.2.2.Top investment pockets

3.3.Value chain analysis
3.4.Porter’s 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 MOËT 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

LIST OF TABLES

TABLE 01.GLOBAL LUXURY WINES AND SPIRIT MARKET REVENUE, BY TYPE, 2019–2027 ($MILLION)
TABLE 02.LUXURY WINES AND SPIRITS MARKET REVENUE FOR WINES/CHAMPAGNE, BY REGION, 2019–2027 ($MILLION)
TABLE 03.LUXURY WINES AND SPIRITS MARKET REVENUE FOR SPIRITS, BY REGION, 2019–2027 ($MILLION)
TABLE 04.GLOBAL LUXURY WINES AND SPIRIT MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 05.LUXURY WINES AND SPIRIT MARKET REVENUE FOR WHOLESALE, BY REGION, 2019–2027 ($MILLION)
TABLE 06.LUXURY WINES AND SPIRITS MARKET REVENUE FOR RETAIL, BY REGION, 2019–2027 ($MILLION)
TABLE 07.LUXURY WINES AND SPIRITS MARKET REVENUE FOR E-COMMERCE, BY REGION, 2019–2027 ($MILLION)
TABLE 08.LUXURY WINES AND SPIRITS MARKET REVENUE FOR OTHERS, BY REGION, 2019–2027 ($MILLION)
TABLE 09.LUXURY WINES AND SPIRITS MARKET REVENUE, BY REGION, 2019–2027 ($MILLION)
TABLE 10.NORTH AMERICA LUXURY WINES AND SPIRITS MARKET REVENUE, BY TYPE, 2019–2027 ($MILLION)
TABLE 11.NORTH AMERICA LUXURY WINES AND SPIRITS MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 12.NORTH AMERICA LUXURY WINES AND SPIRITS MARKET REVENUE, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 13.U.S. LUXURY WINES AND SPIRITS MARKET REVENUE, BY TYPE, 2019–2027 ($MILLION)
TABLE 14.U.S. LUXURY WINES AND SPIRITS MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 15.CANADA LUXURY WINES AND SPIRITS MARKET REVENUE, BY TYPE, 2019–2027 ($MILLION)
TABLE 16.CANADA LUXURY WINES AND SPIRITS MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 17.MEXICO LUXURY WINES AND SPIRITS MARKET REVENUE, BY TYPE, 2019–2027 ($MILLION)
TABLE 18.MEXICO LUXURY WINES AND SPIRITS MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 19.EUROPE LUXURY WINES AND SPIRITS MARKET REVENUE, BY TYPE, 2019–2027 ($MILLION)
TABLE 20.EUROPE LUXURY WINES AND SPIRITS MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 21.EUROPE LUXURY WINES AND SPIRITS MARKET REVENUE, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 22.GERMANY LUXURY WINES AND SPIRITS MARKET REVENUE, BY TYPE, 2019–2027 ($MILLION)
TABLE 23.GERMANY LUXURY WINES AND SPIRITS MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 24.FRANCE LUXURY WINES AND SPIRITS MARKET REVENUE, BY TYPE, 2019–2027 ($MILLION)
TABLE 25.FRANCE LUXURY WINES AND SPIRITS MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 26.UK LUXURY WINES AND SPIRITS MARKET REVENUE, BY TYPE, 2019–2027 ($MILLION)
TABLE 27.UK LUXURY WINES AND SPIRITS MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 28.SPAIN LUXURY WINES AND SPIRITS MARKET REVENUE, BY TYPE, 2019–2027 ($MILLION)
TABLE 29.SPAIN LUXURY WINES AND SPIRITS MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 30.ITALY LUXURY WINES AND SPIRITS MARKET REVENUE, BY TYPE, 2019–2027 ($MILLION)
TABLE 31.ITALY LUXURY WINES AND SPIRITS MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 32.REST OF EUROPE LUXURY WINES AND SPIRITS MARKET REVENUE, BY TYPE, 2019–2027 ($MILLION)
TABLE 33.REST OF EUROPE LUXURY WINES AND SPIRITS MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 34.ASIA-PACIFIC LUXURY WINES AND SPIRITS MARKET REVENUE, BY TYPE, 2019–2027 ($MILLION)
TABLE 35.ASIA-PACIFIC LUXURY WINES AND SPIRITS MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 36.ASIA-PACIFIC LUXURY WINES AND SPIRITS MARKET REVENUE, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 37.CHINA LUXURY WINES AND SPIRITS MARKET REVENUE, BY TYPE, 2019–2027 ($MILLION)
TABLE 38.CHINA LUXURY WINES AND SPIRITS MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 39.JAPAN LUXURY WINES AND SPIRITS MARKET REVENUE, BY TYPE, 2019–2027 ($MILLION)
TABLE 40.JAPAN LUXURY WINES AND SPIRITS MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 41.INDIA LUXURY WINES AND SPIRITS MARKET REVENUE, BY TYPE, 2019–2027 ($MILLION)
TABLE 42.INDIA LUXURY WINES AND SPIRITS MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 43.AUSTRALIA LUXURY WINES AND SPIRITS MARKET REVENUE, BY TYPE, 2019–2027 ($MILLION)
TABLE 44.AUSTRALIA LUXURY WINES AND SPIRITS MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 45.REST OF ASIA-PACIFIC LUXURY WINES AND SPIRITS MARKET REVENUE, BY TYPE, 2019–2027 ($MILLION)
TABLE 46.REST OF ASIA-PACIFIC LUXURY WINES AND SPIRITS MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 47.LAMEA LUXURY WINES AND SPIRITS MARKET REVENUE, BY TYPE, 2019–2027 ($MILLION)
TABLE 48.LAMEA LUXURY WINES AND SPIRITS MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 49.LAMEA LUXURY WINES AND SPIRITS MARKET REVENUE, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 50.LATIN AMERICA LUXURY WINES AND SPIRITS MARKET REVENUE, BY TYPE, 2019–2027 ($MILLION)
TABLE 51.LATIN AMERICA LUXURY WINES AND SPIRITS MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 52.MIDDLE EAST LUXURY WINES AND SPIRITS MARKET REVENUE, BY TYPE, 2019–2027 ($MILLION)
TABLE 53.MIDDLE EAST LUXURY WINES AND SPIRITS MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 54.AFRICA LUXURY WINES AND SPIRITS MARKET REVENUE, BY TYPE, 2019–2027 ($MILLION)
TABLE 55.AFRICA LUXURY WINES AND SPIRITS MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 56.DIAGEO: KEY EXECUTIVES
TABLE 57.DIAGEO: COMPANY SNAPSHOT
TABLE 58.DIAGEO: OPERATING SEGMENTS
TABLE 59.DIAGEO: PRODUCT PORTFOLIO
TABLE 60.DIAGEO: NET SALES, 2017–2019 ($MILLION)
TABLE 61.PERNOD RICARD: KEY EXECUTIVES
TABLE 62.PERNOD RICARD: COMPANY SNAPSHOT
TABLE 63.PERNOD RICARD: OPERATING SEGMENTS
TABLE 64.PERNOD RICARD: PRODUCT PORTFOLIO
TABLE 65.PERNOD RICARD: NET SALES, 2017–2019 ($MILLION)
TABLE 66.BACARDI: KEY EXECUTIVES
TABLE 67.BACARDI: COMPANY SNAPSHOT
TABLE 68.BACARDI: OPERATING SEGMENTS
TABLE 69.BACARDI: PRODUCT PORTFOLIO
TABLE 70.BROWN-FORMAN: KEY EXECUTIVES
TABLE 71.BROWN-FORMAN: COMPANY SNAPSHOT
TABLE 72.BROWN-FORMAN: OPERATING SEGMENTS
TABLE 73.BROWN-FORMAN: PRODUCT PORTFOLIO
TABLE 74.BROWN-FORMAN: NET SALES, 2017–2019 ($MILLION)
TABLE 75.THAIBEV: KEY EXECUTIVES
TABLE 76.THAIBEV: COMPANY SNAPSHOT
TABLE 77.THAIBEV: OPERATING SEGMENTS
TABLE 78.THAIBEV: PRODUCT PORTFOLIO
TABLE 79.THAIBEV: NET SALES, 2017–2019 ($MILLION)
TABLE 80.CAMPARI: KEY EXECUTIVES
TABLE 81.CAMPARI: COMPANY SNAPSHOT
TABLE 82.CAMPARI: OPERATING SEGMENTS
TABLE 83.CAMPARI: PRODUCT PORTFOLIO
TABLE 84.CAMPARI: NET SALES, 2017–2019 ($MILLION)
TABLE 85.HITEJINRO: KEY EXECUTIVE
TABLE 86.HITEJINRO: COMPANY SNAPSHOT
TABLE 87.HITEJINRO: OPERATING SEGMENTS
TABLE 88.HITEJINRO: PRODUCT PORTFOLIO
TABLE 89.HITEJINRO: NET SALES, 2017–2019 ($MILLION)
TABLE 90.SUNTORY: KEY EXECUTIVE
TABLE 91.SUNTORY: COMPANY SNAPSHOT
TABLE 92.SUNTORY: PRODUCT PORTFOLIO
TABLE 93.SUNTORY: NET SALES, 2017–2019 ($MILLION)
TABLE 94.EDRINGTON: KEY EXECUTIVE
TABLE 95.EDRINGTON: COMPANY SNAPSHOT
TABLE 96.EDRINGTON: PRODUCT PORTFOLIO
TABLE 97.EDRINGTON: NET SALES, 2017–2019 ($MILLION)
TABLE 98.LVMH: KEY EXECUTIVES
TABLE 99.LVMH: COMPANY SNAPSHOT
TABLE 100.LVMH: OPERATING SEGMENTS
TABLE 101.LVMH: PRODUCT PORTFOLIO
TABLE 102.LVMH: NET SALES, 2017–2019 ($MILLION)

LIST OF FIGURES

FIGURE 01.GLOBAL LUXURY WINES AND SPIRIT MARKET SNAPSHOT
FIGURE 02.GLOBAL LUXURY WINES AND SPIRIT MARKET: SEGMENTATION
FIGURE 03.TOP IMPACTING FACTORS
FIGURE 04.TOP INVESTMENT POCKETS
FIGURE 05.VALUE CHAIN ANALYSIS
FIGURE 06.MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 07.MODERATE BARGAINING POWER OF BUYERS
FIGURE 08.MODERATE THREAT OF SUBSTITUTIONS
FIGURE 09.MODERATE THREAT OF NEW ENTRANTS
FIGURE 10.HIGH INTENSITY OF COMPETITIVE RIVALRY
FIGURE 11.LUXURY WINES AND SPIRIT MARKET: DRIVERS, RESTRAINTS, AND OPPORTUNITIES
FIGURE 12.REGION WISE HUMAN DEVELOPMENT INDEX, 2017
FIGURE 13.MAJOR COUNTRIES WISE WINE CONSUMPTION MILLION HECTOLITRE (MHL), 2017
FIGURE 14.LUXURY WINES AND SPIRIT MARKET, BY TYPE, 2019 (%)
FIGURE 15.COMPARATIVE COUNTRY MARKET SHARE ANALYSIS OF LUXURY WINES AND SPIRITS MARKET FOR WINES/CHAMPAGNE, 2019 & 2027 (%)
FIGURE 16.COMPARATIVE REGIONAL MARKET SHARE ANALYSIS OF LUXURY WINES AND SPIRITS MARKET FOR SPIRITS,  2019 & 2027 (%)
FIGURE 17.GLOBAL LUXURY WINES AND SPIRIT MARKET, BY DISTRIBUTION CHANNEL, 2019 (%)
FIGURE 18.COMPARATIVE COUNTRY MARKET SHARE ANALYSIS OF LUXURY WINES AND SPIRITS MARKET FOR WHOLESALE, 2019 & 2027 (%)
FIGURE 19.COMPARATIVE REGIONAL MARKET SHARE ANALYSIS OF LUXURY WINES AND SPIRITS MARKET FOR RETAIL,  2019 & 2027 (%)
FIGURE 20.COMPARATIVE REGIONAL MARKET SHARE ANALYSIS OF LUXURY WINES AND SPIRITS MARKET FOR  E-COMMERCE, 2019 & 2027 (%)
FIGURE 21.COMPARATIVE REGIONAL MARKET SHARE ANALYSIS OF LUXURY WINES AND SPIRITS MARKET FOR OTHER DISTRIBUTION CHANNEL, 2019 & 2027 (%)
FIGURE 22.LUXURY WINES AND SPIRITS MARKET, BY REGION, 2019 (%)
FIGURE 23.U.S. LUXURY WINES AND SPIRITS MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 24.CANADA LUXURY WINES AND SPIRITS MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 25.MEXICO LUXURY WINES AND SPIRITS MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 26.GERMANY LUXURY WINES AND SPIRITS MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 27.FRANCE LUXURY WINES AND SPIRITS MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 28.UK LUXURY WINES AND SPIRITS MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 29.SPAIN LUXURY WINES AND SPIRITS MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 30.ITALY LUXURY WINES AND SPIRITS MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 31.REST OF EUROPE LUXURY WINES AND SPIRITS MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 32.CHINA LUXURY WINES AND SPIRITS MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 33.JAPAN LUXURY WINES AND SPIRITS MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 34.INDIA LUXURY WINES AND SPIRITS MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 35.AUSTRALIA LUXURY WINES AND SPIRITS MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 36.REST OF ASIA-PACIFIC LUXURY WINES AND SPIRITS MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 37.LATIN AMERICA LUXURY WINES AND SPIRITS MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 38.MIDDLE EAST LUXURY WINES AND SPIRITS MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 39.AFRICA LUXURY WINES AND SPIRITS MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 40.TOP WINNING STRATEGIES, BY YEAR, 2016–2019
FIGURE 41.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2016–2019 (%)
FIGURE 42.TOP WINNING STRATEGIES, BY COMPANY, 2016–2019
FIGURE 43.TOP PLAYER POSITIONING OF TOP 10 KEY PLAYERS
FIGURE 44.COMPETITIVE HEATMAP OF TOP 10 KEY PLAYERS
FIGURE 45.COMPETITIVE DASHBOARD OF TOP 10 KEY PLAYERS
FIGURE 46.DIAGEO: NET SALES, 2017–2019 ($MILLION)
FIGURE 47.DIAGEO: REVENUE SHARE, BY SEGMENT, 2019 (%)
FIGURE 48.PERNOD RICARD: NET SALES, 2017–2019 ($MILLION)
FIGURE 49.PERNOD RICARD: REVENUE SHARE, BY REGION, 2019 (%)
FIGURE 50.BROWN-FORMAN: NET SALES, 2017–2019 ($MILLION)
FIGURE 51.BROWN-FORMAN: REVENUE SHARE, BY REGION, 2019 (%)
FIGURE 52.THAIBEV: NET SALES, 2017–2019 ($MILLION)
FIGURE 53.THAIBEV: REVENUE SHARE BY OPERATING SEGMENT, 2019 (%)
FIGURE 54.THAIBEV: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 55.CAMPARI: NET SALES, 2017–2019 ($MILLION)
FIGURE 56.CAMPARI: REVENUE SHARE, BY REGION, 2019 (%)
FIGURE 57.HITEJINRO: NET SALES, 2017–2019 ($MILLION)
FIGURE 58.SUNTORY: NET SALES, 2017–2019 ($MILLION)
FIGURE 59.SUNTORY: REVENUE SHARE, BY SEGMENT, 2019 (%)
FIGURE 60.SUNTORY: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 61.EDRINGTON: NET SALES, 2017–2019 ($MILLION)
FIGURE 62.LVMH: NET SALES, 2017–2019 ($MILLION)
FIGURE 63.LVMH: REVENUE SHARE, BY SEGMENT, 2019 (%)
FIGURE 64.LVMH: REVENUE SHARE, BY REGION, 2019 (%)

 
 

Rise in demand for wine and increase in wineries are among the major factors that boost the market growth. A huge consumption of wine has been noted during past years, which is expected to continue during the forecast period. Consumer attractiveness toward different flavors of wines and spirits with its significant quality and reasonable pricing is among the main factors that drive the market growth. The demand for flavors of luxury wines and spirits have led manufacturers to invest more in R&D to provide innovative products in the market.  

The luxury wines and spirits consumption is led by Europe and the region has the highest per capita daily consumption of luxury wines and spirits compared to other regions. North America offers incremental opportunities for luxury wines and spirit, hence the market in the region is likely to grow at the highest CAGR during the forecast period. Owing to increase in disposable income and aspiration of consumers toward experiential luxury, the market is expected to grow significantly in the coming years. Manufacturers are focused toward providing innovative and attractive product offerings, in terms of packaging, flavors. and style of products to gain a higher share in the luxury wines and spirits market.        
 

 
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A. The growth rate of the Luxury Wines and Spirits Market during the forecast period is 4.9%

A. The Luxury Wines and Spirits Market size is likely to reach $ $1,411 billion by 2027.

A. The Luxury Wines and Spirits Market projected to grow at a CAGR of 4.9% during the forecast period (2020-2027).

A. 2019 is the base year calculated in the Luxury Wines and Spirits Market report.

A. The top active companies which holds the major market share in the Luxury Wines and Spirits Market are 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 Moët Hennessy - Louis Vuitton.

A. Spirits is the most influencing segment growing in the Luxury Wines and Spirits Market report.

A. Increase in demand for premium quality luxury goods and rise in disposable income & rapid urbanization are the key trends in the luxury wines and spirits market report.

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