Fine Wines/Champagne and Spirits in the United Arab Emirates

Fine Wines/Champagne and Spirits in the United Arab Emirates

Compared to its more conservative neighbours in the Gulf, the UAE is fairly liberal with allowing bars, clubs and restaurants to offer alcohol. There is a strong culture among expats in the country to socialise by going out to eat and drink, thereby this limits the potential growth of on-trade sales. Venues such as Barasti Bar and Club, Irish Village and Oktoberfest are growing in popularity, despite the relatively high price of drinking out.

Euromonitor International's Fine Wines/Champagne and Spirits in United Arab Emirates 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 2024 illustrate how the market is set to change

Product coverage: Luxury Goods.

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.

Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.


Fine Wines/Champagne and Spirits in the United Arab Emirates
Euromonitor International
April 2020
List OF CONTENTS AND TABLES
HEADLINES
PROSPECTS
Retail growth is stymied by culture of drinking out
Category benefits from excise tax exemption
Process for obtaining a liquor license has been relaxed in Dubai
COMPETITIVE LANDSCAPE
Strict censorship limits growth potential of haram products
Zero local players, limited regional players
Very limited promotional activity
CATEGORY DATA
Table 1 Sales of Fine Wines/Champagne and Spirits by Category: Value 2014-2019
Table 2 Sales of Fine Wines/Champagne and Spirits by Category: % Value Growth 2014-2019
Table 3 NBO Company Shares of Fine Wines/Champagne and Spirits: % Value 2014-2018
Table 4 LBN Brand Shares of Fine Wines/Champagne and Spirits: % Value 2015-2018
Table 5 Distribution of Fine Wines/Champagne and Spirits by Format: % Value 2014-2019
Table 6 Forecast Sales of Fine Wines/Champagne and Spirits by Category: Value 2019-2024
Table 7 Forecast Sales of Fine Wines/Champagne and Spirits by Category: % Value Growth 2019-2024
EXECUTIVE SUMMARY
Tourists fuel the luxury industry in the UAE
Perceptions of luxury are changing
Consumers’ values increasingly shape brands’ actions
Digitalisation is new frontier of luxury
Subdued forecast due to maturing market, Expo is considered a boon
MARKET INDICATORS
Table 8 Number of High Net Worth Individuals (HNWI): 2014-2019
MARKET DATA
Table 9 Sales of Luxury Goods by Category: Value 2014-2019
Table 10 Sales of Luxury Goods by Category: % Value Growth 2014-2019
Table 11 Inbound Receipts for Luxury Goods by Country of Origin: Value 2014-2019
Table 12 NBO Company Shares of Luxury Goods: % Value 2014-2018
Table 13 LBN Brand Shares of Luxury Goods: % Value 2015-2018
Table 14 Distribution of Luxury Goods by Format and Category: % Value 2019
Table 15 Forecast Sales of Luxury Goods by Category: Value 2019-2024
Table 16 Forecast Sales of Luxury Goods by Category: % Value Growth 2019-2024
SOURCES
Summary 1 Research Sources

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook