Fine Wines/Champagne and Spirits in South Korea
Several disruptors influenced the category, including duty-free sales, multiple parallel importers and resellers seeking to profit from C2C sales of duty-free products. These dampened the growth potential of the domestic fine wines/champagne and spirits category. Retailers and manufacturers improve their product ranges and offered more diverse fine brands, which may appeal to domestic consumers. However, the expansion was limited to department stores or drink specialists, which did not increase...
Euromonitor International's Fine Wines/Champagne and Spirits in South Korea 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 2023 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.
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