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Fine Wines/Champagne and Spirits in Canada

Publisher Euromonitor International
Published Oct 10, 2024
Length 22 Pages
SKU # EP19248259

Description

Fine Wines/Champagne and Spirits in Canada


In 2024, fine wines/champagne and spirits in Canada experienced marginal value growth, with low single-digit increases across most categories. Volume growth remained flat, with only luxury whiskies managing to surpass low single-digit volume gains. This subdued market performance can be attributed to cautious consumer spending amidst high inflation and a rising cost of living, compounded by a noticeable decline in alcohol consumption and the growing social acceptance of non-drinkers. This “sober...

Euromonitor International's Fine Wines/Champagne and Spirits in Canada report offers a comprehensive guide to the size and shape of the Fine Wines/Champagne and Spirits market at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market and their effects on Fine Wines/Champagne and Spirits retailing along with the development of consumers’ shopping patterns. Forecasts to 2028 illustrate how the market is set to change

Product coverage: Fine Wines, Luxury Spirits.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?
* Get a detailed picture of the Fine Wines/Champagne and Spirits market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.

Table of Contents

22 Pages
Fine Wines/Champagne and Spirits in Canada
Euromonitor International
October 2024
List Of Contents And Tables
FINE WINES/CHAMPAGNE AND SPIRITS IN CANADA
KEY DATA FINDINGS
2024 DEVELOPMENTS
Cautious discretionary spending slows growth amid economic headwinds
Luxury drinks brands focus on image and authenticity through events
Packaging innovations and distribution changes boost brand visibility
PROSPECTS AND OPPORTUNITIES
Robust growth expected, led by luxury whiskies and champagne
On-trade growth supported by nightlife initiatives, immigration, and major events
RTDs expected to continue trending with younger consumers, offering new opportunities for luxury brands
CATEGORY DATA
Table 1 Sales of Fine Wines/Champagne and Spirits by Category: Value 2019-2024
Table 2 Sales of Fine Wines/Champagne and Spirits by Category: % Value Growth 2019-2024
Table 3 NBO Company Shares of Fine Wines/Champagne and Spirits: % Value 2019-2023
Table 4 LBN Brand Shares of Fine Wines/Champagne and Spirits: % Value 2020-2023
Table 5 Distribution of Fine Wines/Champagne and Spirits by Format: % Value 2019-2024
Table 6 Forecast Sales of Fine Wines/Champagne and Spirits by Category: Value 2024-2029
Table 7 Forecast Sales of Fine Wines/Champagne and Spirits by Category: % Value Growth 2024-2029
LUXURY GOODS IN CANADA
EXECUTIVE SUMMARY
Luxury goods in 2024: The big picture
2024 key trends
Competitive landscape
Retailing developments
What next for luxury goods?
MARKET DATA
Table 8 Sales of Luxury Goods by Category: Value 2019-2024
Table 9 Sales of Luxury Goods by Category: % Value Growth 2019-2024
Table 10 Inbound Receipts for Luxury Goods by Country of Origin: Value 2019-2024
Table 11 NBO Company Shares of Luxury Goods: % Value 2019-2023
Table 12 LBN Brand Shares of Luxury Goods: % Value 2020-2023
Table 13 Distribution of Luxury Goods by Format and Category: % Value 2024
Table 14 Forecast Sales of Luxury Goods by Category: Value 2024-2029
Table 15 Forecast Sales of Luxury Goods by Category: % Value Growth 2024-2029
DISCLAIMER
SOURCES
Summary 1 Research Sources

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