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Fine Wines/Champagne and Spirits in Hong Kong, China

Publisher Euromonitor International
Published Oct 05, 2023
Length 20 Pages
SKU # EP18249441

Description

Fine Wines/Champagne and Spirits in Hong Kong, China


Value sales of fine wines/champagne and spirits grew by 16% to total HKD1.1 billion in 2023, boosted by consumers’ desire to enjoy themselves after the pandemic. Enjoying a drink with friends remains a priority leisure activity, following the restrictions in place in 2020-2022. The return of weddings and other important life events has also led to a rise in consumption of fine champagne and other luxury wines and spirits. Local consumers are happy to invest more in celebrations because they miss...

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 2027 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

20 Pages
Fine Wines/Champagne and Spirits in Hong Kong, China
Euromonitor International
October 2023
List Of Contents And Tables
FINE WINES/CHAMPAGNE AND SPIRITS IN HONG KONG, CHINA
KEY DATA FINDINGS
2023 DEVELOPMENTS
Fine wines/champagne and spirits sees rising current retail value sales in 2023
Fine wines sees the biggest value sales in the last year of the review period
Fine wines/champagne and spirits is led by Moët Hennessy Diageo Hong Kong Ltd in 2022
PROSPECTS AND OPPORTUNITIES
Value sales forecast to increase in constant 2023 terms over 2023-2028
Fine wines expected to experience the fastest percentage CAGR increase during 2023-2028
CATEGORY DATA
Table 1 Sales of Fine Wines/Champagne and Spirits by Category: Value 2018-2023
Table 2 Sales of Fine Wines/Champagne and Spirits by Category: % Value Growth 2018-2023
Table 3 NBO Company Shares of Fine Wines/Champagne and Spirits: % Value 2018-2022
Table 4 Distribution of Fine Wines/Champagne and Spirits by Format: % Value 2018-2023
Table 5 Forecast Sales of Fine Wines/Champagne and Spirits by Category: Value 2023-2028
Table 6 Forecast Sales of Fine Wines/Champagne and Spirits by Category: % Value Growth 2023-2028
LUXURY GOODS IN HONG KONG, CHINA
EXECUTIVE SUMMARY
Luxury goods in 2023: The big picture
2023 key trends
Competitive landscape
Retailing developments
What next for luxury goods?
MARKET DATA
Table 7 Sales of Luxury Goods by Category: Value 2018-2023
Table 8 Sales of Luxury Goods by Category: % Value Growth 2018-2023
Table 9 Inbound Receipts for Luxury Goods by Country of Origin: Value 2018-2023
Table 10 NBO Company Shares of Luxury Goods: % Value 2018-2023
Table 11 LBN Brand Shares of Luxury Goods: % Value 2019-2023
Table 12 Distribution of Luxury Goods by Format and Category: % Value 2023
Table 13 Forecast Sales of Luxury Goods by Category: Value 2023-2028
Table 14 Forecast Sales of Luxury Goods by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
Summary 1 Research Sources

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