Taiwan Wine

Fine Wines/Champagne and Spirits in Taiwan Retail value sales of fine wines, champagne, and spirits increased by 2% to reach TWD21.2 billion in 2024. While this marks a positive outcome, it represents a slowdown compared to the double-digit growth seen in the previous year. In 2023, consumer spendin ...

Wine in Taiwan Post-pandemic, Taiwanese consumers have faced significant constraints on their household budgets, leading them to forego the purchase of goods not considered essential. There has been a concomitant reduction in expenditure on wine, leading to a significant decline across all metrics i ...

Alcoholic Drinks in Taiwan Alcoholic drinks in Taiwan witnessed moderate decline across all metrics in 2023, primarily due to rising inflationary spikes, increased costs in international shipping, and logistics and inventory issues. For local brands, workforce insufficiency is a more significant iss ...

Cider/Perry in Taiwan Cider/perry gained momentum during the COVID-19 pandemic when local consumers stayed home due to fears around contagion. However, Taiwan reopened its national border in 2023, and with a resumption of travel and more opportunities to socialise outside of the home, cider/perry pe ...

Taiwan Beverages Consumption Trends and Forecasts Tracker, Q2 2023 Summary GlobalData’s Taiwan 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 on a q ...

Wine in Taiwan The wine landscape has seen positive, single-digit growth in 2022, much of which is due to local consumers gaining a more appreciative taste for wine. Most locals embrace the notion of “drinking in moderation”, enjoying the taste of products, which has contributed to wine being best e ...

Cider/Perry in Taiwan The local cider/perry landscape is relatively small compared to other alcohol subcategories, but it has observed modest growth recently. This is due to local consumers becoming increasingly interested in trying new kinds of alcohol and searching for unique flavour experiences. ...