
Fine Wines/Champagne and Spirits in Hong Kong, China
Description
Fine Wines/Champagne and Spirits in Hong Kong, China
At the beginning of 2022, a fifth wave of COVID-19 hit Hong Kong. As the government reintroduced social restrictions to control this, including a two-person limit in public, and a ban on gatherings at private premises of more than two families, sales of wine, champagne and spirits were impacted over the first quarter. The optimism of the industry faded slightly during the first four months of the year, but as vaccination has progressed and social restrictions are being relaxed, residents in Hong...
Euromonitor International's Fine Wines/Champagne and Spirits in Hong Kong, China 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 2026 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.
At the beginning of 2022, a fifth wave of COVID-19 hit Hong Kong. As the government reintroduced social restrictions to control this, including a two-person limit in public, and a ban on gatherings at private premises of more than two families, sales of wine, champagne and spirits were impacted over the first quarter. The optimism of the industry faded slightly during the first four months of the year, but as vaccination has progressed and social restrictions are being relaxed, residents in Hong...
Euromonitor International's Fine Wines/Champagne and Spirits in Hong Kong, China 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 2026 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
21 Pages
- Fine Wines/Champagne and Spirits in Hong Kong, China
- Euromonitor International
- August 2022
- List Of Contents And Tables
- FINE WINES/CHAMPAGNE AND SPIRITS IN HONG KONG, CHINA
- KEY DATA FINDINGS
- 2022 DEVELOPMENTS
- Recovery starts in May 2022 as pandemic restrictions are relaxed
- More educated local consumers are driving the growth of fine wine and spirits, with luxury whiskies being a dynamic category
- Home seclusion benefits at-home consumption
- PROSPECTS AND OPPORTUNITIES
- Resurgence for luxury brandy and cognac driven by brand rejuvenation
- E-commerce will continue to gain share
- The absence of travel retail could remain a disruptor
- CATEGORY DATA
- Table 1 Sales of Fine Wines/Champagne and Spirits by Category: Value 2017-2022
- Table 2 Sales of Fine Wines/Champagne and Spirits by Category: % Value Growth 2017-2022
- Table 3 NBO Company Shares of Fine Wines/Champagne and Spirits: % Value 2017-2021
- Table 4 LBN Brand Shares of Fine Wines/Champagne and Spirits: % Value 2018-2021
- Table 5 Distribution of Fine Wines/Champagne and Spirits by Format: % Value 2017-2022
- Table 6 Forecast Sales of Fine Wines/Champagne and Spirits by Category: Value 2022-2027
- Table 7 Forecast Sales of Fine Wines/Champagne and Spirits by Category: % Value Growth 2022-2027
- LUXURY GOODS IN HONG KONG, CHINA
- EXECUTIVE SUMMARY
- Luxury goods in 2022: The big picture
- 2022 key trends
- Competitive landscape
- Retailing developments
- What next for luxury goods?
- MARKET DATA
- Table 8 Sales of Luxury Goods by Category: Value 2017-2022
- Table 9 Sales of Luxury Goods by Category: % Value Growth 2017-2022
- Table 10 Inbound Receipts for Luxury Goods by Country of Origin: Value 2017-2022
- Table 11 NBO Company Shares of Luxury Goods: % Value 2017-2021
- Table 12 LBN Brand Shares of Luxury Goods: % Value 2018-2021
- Table 13 Distribution of Luxury Goods by Format and Category: % Value 2022
- Table 14 Forecast Sales of Luxury Goods by Category: Value 2022-2027
- Table 15 Forecast Sales of Luxury Goods by Category: % Value Growth 2022-2027
- DISCLAIMER
- SOURCES
- Summary 1 Research Sources
Pricing
Currency Rates
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