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Fine Wines/Champagne and Spirits in South Korea

Publisher Euromonitor International
Published Jul 18, 2022
Length 21 Pages
SKU # EP17326136

Description

Fine Wines/Champagne and Spirits in South Korea

Along with super premium beauty and personal care products, fine wines/champagne and spirits are amongst the items which consumers frequently purchase duty free. However, with this no longer an option during COVID-19, consumers had to turn to purchasing locally for gifting purposes or for their own consumption. In addition, in spite of no general forced closures of foodservice establishments having been in place during the pandemic in South Korea, a certain amount of drinking nevertheless moved...

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 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 South Korea
Euromonitor International
July 2022
List Of Contents And Tables
FINE WINES/CHAMPAGNE AND SPIRITS IN SOUTH KOREA
KEY DATA FINDINGS
2022 DEVELOPMENTS
Move from duty free to local purchases drives growth
Major retailers take a bet on fine wines
Wine and whiskies are favoured by younger adults
PROSPECTS AND OPPORTUNITIES
Consumers will return to duty free, although markets will maintain their role
Rising competition could change the competitive landscape
Online order and in-store pick-up to gain popularity in the luxury segment
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 SOUTH KOREA
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

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