Hong Kong Wine

Total volume sales of cider/perry saw a modest increase in 2024, with sales rising both on-trade and off-trade, in spite of the current uncertain retailing landscape in Hong Kong. Most sales were of regular cider/perry, although non-alcoholic cider/perry saw higher growth. Cider/perry has continued ...

Total volume sales of wine increased strongly in Hong Kong in 2024, with increases both off-trade, and in particular on-trade. Still light red wine dominated total volume sales in 2024, and also continued to see the most dynamic growth, with a double-digit increase. With Hong Kong’s economy being un ...

Fine Wines/Champagne and Spirits in Hong Kong, China Retail value sales of fine wines/champagne and spirits are set to grow by 4% in current terms in Hong Kong in 2024 to total HKD1.1 billion. The year is set to see sales finally exceed the level seen prior to the outbreak of COVID-19 in both volume ...

Wine in Hong Kong, China Overall demand for wine in Hong Kong continued to grow in 2023, supported by the steady recovery of the on-trade channel amid increased frequency of social events, gatherings and banquets. The city’s reopening was the catalyst for many local consumers who wanted to host larg ...

Cider/Perry in Hong Kong, China Following the removal of pandemic restrictions, demand for cider/perry in Hong Kong continued to improve in 2023 due to the strong performance of off-trade in the city. In addition, the sustained openings of on-trade outlets led to a marginal increase through this cha ...

Alcoholic Drinks in Hong Kong, China Alcoholic drinks in Hong Kong continued to record a positive performance in 2023 via both on-trade and off-trade channels, yet the expected pace of recovery lagged compared to the previous year’s estimates, impacted by a sluggish local economy. Despite this chall ...

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 rest ...

Hong Kong Beverages Consumption Trends and Forecasts Tracker, Q2 2023 Summary GlobalData’s Hong Kong Quarterly Beverage Tracker Q2-23 covering soft drinks, dairy drinks, hot drinks and alcoholic drinks is an essential tool for keeping up-to-date with the latest industry performance and developments ...

Hong Kong Wine Market Forecast 2023-2030 KEY FINDINGS The Hong Kong wine market is predicted to progress with a CAGR of 7.82% in terms of revenue and 3.31% in terms of volume over the forecast period. The region’s market growth is fueled by key drivers, such as the rise in local wine consumption, th ...

Cider/Perry in Hong Kong, China Due to the removal of pandemic restrictions, cider/perry observed modest total volume growth in 2022 compared with the previous year. This was partly due to the solid performance of the off-trade, whilst the sustained opening of on-trade outlets led to a strong increa ...

Wine in Hong Kong, China Fine wines and champagnes saw notable growth in 2022, due to the removal of social distancing measures in the city. The city’s reopening was the catalyst for many locals who wanted to host large-scale events and banquets, such as weddings and celebratory dinners, thus leadin ...

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, sa ...