We are monitoring the impact of COVID-19 on Europe Luxury Wines and Spirits Market Get in touch with us for detailed analysis Know More
Pulished Date June, 2021
ID: 11691
Share on
Share on

Europe Luxury Wines and Spirits Market by Type (Wines/Champagnes and Spirits) and Distribution Channel (Wholesale, Retail, E-Commerce, and Others) and country, Market Share, Forecast Data, In-Depth Analysis, And Detailed Overview, and Forecast, 2021-2026

Pulished: June, 2021
ID: 11691
Pages: 120

Europe Luxury Wines and Spirits Market Overview:

Europe Luxury Wines and Spirits Market is expected at USD xx.xx million in 2021 and is anticipated to extent an over of USD xx.xx million by the end of the assessment period. The Europe Luxury Wines and Spirits Market is estimated to experience reasonable growth to record a CAGR of xx.xx% throughout the estimate period (2021-2026).

Luxury wines and spirits are a type of alcoholic beverage that contains 3-40% alcohol by volume. It is a high-end consumer product that focuses more on quality than price. These products are distilled spirits such as brandy, vodka, and rum, and high-quality fermented wines. They are usually consumed during events of great importance such as social gatherings, parties, birthdays, celebrations, and personal moments.

Recent Developments

An international producer of wines and spirits, the SPI group has acquired the Spanish winery Arinzano for its new luxury wine division, HEW Holding. An international producer of wines and spirits, the SPI group has acquired the Spanish winery Arinzano for its new luxury wine division, HEW Holding. Arinzano is one of the few wineries that makes Vino de Pago, the highest classification of Spanish wine.

Moët Hennessy, the world leader in luxury wines and spirits, is pleased to announce a partnership with Shawn JAY-Z Carter by acquiring a 50% stake in Armand de Brignac, a leader in prestigious champagne. The partnership reflects a shared vision between Moët Hennessy and Shawn JAY-Z Carter for the future of this iconic Maison. With its striking looks and natural appeal to a diverse global luxury consumer, Armand de Brignac has brought unprecedented innovation and energy to the Champagne category since 2006. It has been a global success with a strong presence in North America, in Asia and Europe. , and more than 500,000 bottles sold in 2019, in particular with an exceptional position in the high energy sectors.

Galería Gráfica specializes in the design and manufacture of high added value folding boxes for industries such as perfumery, cosmetics, delicatessens, wines and spirits. By entering the niche of the luxury packaging market, Hinojosa reinforces its commitment to provide a global packaging solution, through the acquisition of Galería Gráfica. Hinojosa's main objective is to improve the customer experience by offering a complete packaging service. Along these lines, the group has just concluded the agreement to acquire Galería Gráfica, the manufacturer of high-end boxes with high added value.

Market Drivers and Restraints:

The growing disposable income of people around the world is significantly boosting the purchasing power of consumers, which will significantly drive the growth of the global luxury wine and spirits market during the forecast period. These products have an exceptional quality of raw material that satisfies customers' satisfaction and considerably accelerates their demand. Manufacturers adopt advanced technologies to improve the aging and fermentation process to provide a better experience for customers. Additionally, the premium pricing methodology for these products has significantly improved overall sales and manufacturers' profit margins. The increase in the number of pubs and bars in metropolitan areas to attract high-end customers and the younger generation is also increasing the demand for luxury wines and spirits. The emergence of different commercial distribution platforms and channels is likely to drive the growth of the global luxury wine and spirits market during the forecast period. Increasing investments by manufacturers to intensify research and development activities and launch attractive and distinct products on the market are also driving market growth on a global scale. Today, manufacturers offer different variations, including white and red, giving customers a wide range of options to choose from. A large number of people adopt these premium and luxury wines at the social gathering to show their status mention, which will positively shape the trajectory of the world luxury wine and spirits market during the forecast period. However, these alcoholic beverages are made from raw materials, namely plums, cherries and grapes. These ingredients are fermented without supplementing them with foreign ingredients. The fermentation process leads to the formation of yeast that transforms the sugar content of these ingredients into carbon dioxide and ethanol. These wines and spirits have been consumed since ancient times.

Market Segmentation

The Europe Luxury Wines and Spirits Market can be segmented into distribution channels, types and regions. Depending on the distribution channel, the market can be segmented into e-commerce, retail, wholesale, and others. The retail segment accounts for the majority of the Europe Luxury Wines and Spirits Market due to growth in the adoption of retail stores around the world. Additionally, the one-stop-shop solution offered by retailers makes it easy for consumers to source the alcoholic beverages of their choice. In addition, the retailers also offer a large number of products to the customers at a very competitive price. Depending on the type, the market can be segmented into spirits and wines/champagnes. The spirits segment is leading with the highest shares of the luxury wines and spirits market in Europe.

Impact of covid-19 on Europe Luxury Wines and Spirits Market

Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost every country in the world, and the World Health Organization declared it a public health emergency. The global impacts of the 2019 coronavirus disease (COVID-19) are already beginning to be felt and will significantly affect the luxury wine and spirits market in 2021. The COVID-19 epidemic has had effects on many aspects, including cancellations of flights; travel bans and quarantines; closed restaurants; all indoor / outdoor events are restricted; more than 40 countries have declared a state of emergency; massive drop in the supply chain; volatility of the securities markets; declining business confidence, growing public panic, and uncertainty about the future.

Regional Analysis

The market for Europe Luxury Wines and Spirits has been classified on the basis of geography to offer a clear understanding of the market. The Europe Luxury Wines and Spirits Market has been divided into United Kingdom, Germany, France, Italy, Spain and the rest of Europe. Europe accounts for almost 26.50% of the global luxury wine and spirits market, led by Germany, France and the UK. The European market benefits from strong economic conditions, high affordable prices and massive demand for high-end products. The luxury wine and spirits industry in the region is quite mature with high penetration, largely dominated by companies such as Bacardi, Campari, Diageo, and Pernod Richard. The lifestyle change, given the substantial increase in disposable income, is also driving the growth of the luxury wine and spirits market in the region.

Leading Company

Thai Beverage Public Company Limited had the largest share of the Europe Luxury Wines and Spirits Market in terms of sales revenue in 2021.

Key Players

The Europe Luxury Wines and Spirits Market is concentrated with well-established players. Key players in the Europe Luxury Wines and Spirits Market include Diageo, Thai Beverage Public Company Limited, Suntory Holdings Limited, Pernod Ricard Bacardi, Brown-Forman, Davide Campari-Milano S.p.A, Hitejinro Co.Ltd, Edrington, and LVMH Moët Henness

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Scope of the report                 

                1.3 Study Assumptions                 

                1.4 Base Currency, Base Year and Forecast Periods                           

2. Research Methodology                                           

                2.1 Analysis Design                         

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Data Modelling     

                                2.2.4 Expert Validation  

                2.3 Study Timeline                          

3. Report Overview                                        

                3.1 Executive Summary                

                3.2 Key Inferencees                       

4. Market Dynamics                                       

                4.1 Impact Analysis                        

                                4.1.1 Drivers      

                                4.1.2 Restaints 

                                4.1.3 Opportunities        

                4.2 Regulatory Environment                       

                4.3 Technology Timeline & Recent Trends                            

5. Competitor Benchmarking Analysis                                    

                5.1 Key Player Benchmarking                     

                                5.1.1 Market share analysis         

                                5.1.2 Products/Service 

                                5.1.3 Regional Presence

                5.2 Mergers & Acquistion Landscape                      

                5.3 Joint Ventures & Collaborations                        

6. Market Segmentation                                              

                6.1 Luxury Wines and Spirits Market, By Type                     

                                6.1.1 Wines/Champagnes           

                                6.1.2 Spirits        

                                6.1.3 Market Size Estimations & Forecasts (2021-2026)   

                                6.1.4 Y-o-Y Growth Rate Analysis              

                                6.1.5 Market Attractiveness Index           

                6.2 Luxury Wines and Spirits Market, By Distribution Channel                     

                                6.2.1 Wholesale

                                6.2.2 Retail         

                                6.2.3 E-Commerce          

                                6.2.4 Others      

                                6.2.5 Market Size Estimations & Forecasts (2021-2026)   

                                6.2.6 Y-o-Y Growth Rate Analysis              

                                6.2.7 Market Attractiveness Index           

7. Geographical Landscape                                         

                7.1 Global Identity Governance and Administration Market, by Region                     

                7.2 Europe                         

                                7.2.1 By Country              

                                                7.2.1.1 UK

                                                7.2.1.2 France

                                                7.2.1.3 Germany

                                                7.2.1.4 Spain

                                                7.2.1.5 Italy

                                                7.2.1.6 Rest of Europe

                                7.2.2 By Type    

                                7.2.3 By Distribution Channel     

8. Key Player Analysis                                    

                8.1 LVMH Moët Hennessy - Louis Vuitton                             

                                8.1.1 Business Description           

                                8.1.2 Products/Service 

                                8.1.3 Financials 

                                8.1.4 SWOT Analysis      

                                8.1.5 Recent Developments       

                                8.1.6 Analyst Overview 

                8.2 Diageo                          

                8.3 Edrington                    

                8.4 Suntory Holdings Limited                      

                8.5 Hitejinro Co.Ltd                        

                8.6 Davide Campari-Milano S.p.A                             

                8.7 Thai Beverage Public Company Limited                          

                8.8 Brown-Forman                         

                8.9 Pernod Ricard Bacardi                            

9. Market Outlook & Investment Opportunities                                 

Appendix                                           

                List of Tables                     

                List of Figures                   

  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of Type, and Distribution Channel along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Europe Luxury Wines and Spirits Market By Type, From 2021-2026 ( USD Billion )
  2. Europe Wines/Champagnes Market By Region, From 2021-2026 ( USD Billion )
  3. Europe Spirits Market By Region, From 2021-2026 ( USD Billion )
  4. Europe Luxury Wines and Spirits Market By Distribution Channel, From 2021-2026 ( USD Billion )
  5. Europe Wholesale Market By Region, From 2021-2026 ( USD Billion )
  6. Europe Retail Market By Region, From 2021-2026 ( USD Billion )
  7. Europe E-Commerce Market By Region, From 2021-2026 ( USD Billion )
  8. Europe Others Market By Region, From 2021-2026 ( USD Billion )
  9. U.K. Luxury Wines and Spirits Market By Type, From 2021-2026 ( USD Billion )
  10. U.K. Luxury Wines and Spirits Market By Distribution Channel, From 2021-2026 ( USD Billion )
  11. Germany Luxury Wines and Spirits Market By Type, From 2021-2026 ( USD Billion )
  12. Germany Luxury Wines and Spirits Market By Distribution Channel, From 2021-2026 ( USD Billion )
  13. France Luxury Wines and Spirits Market By Type, From 2021-2026 ( USD Billion )
  14. France Luxury Wines and Spirits Market By Distribution Channel, From 2021-2026 ( USD Billion )
  15. Italy Luxury Wines and Spirits Market By Type, From 2021-2026 ( USD Billion )
  16. Italy Luxury Wines and Spirits Market By Distribution Channel, From 2021-2026 ( USD Billion )
  17. Spain Luxury Wines and Spirits Market By Type, From 2021-2026 ( USD Billion )
  18. Spain Luxury Wines and Spirits Market By Distribution Channel, From 2021-2026 ( USD Billion )

Please wait. . . . Your request is being processed

LICENCE TYPE

$ 1234 3335

Clients
clients
clients
clients
clients
clients
clients
Click for Request Sample