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Fine Wines/Champagne and Spirits in the United Kingdom

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    Report

  • 21 Pages
  • October 2023
  • Region: United Kingdom
  • Euromonitor International
  • ID: 2508103
Value sales of fine wines/champagne and spirits grew by 8% to total GBP3.0 billion in the UK in 2023, as a result of a consumers’ desire to make the most of their time after the pandemic. Enjoying a drink with friends is considered a priority leisure activity, following the limits placed on socialising over 2020-2022. The return of weddings and other important life events has also led to value rises for fine champagne and other luxury wines and spirits. Per capita spend stood at GBP43.

The Fine Wines/Champagne and Spirits in United Kingdom 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 2027 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

FINE WINES/CHAMPAGNE AND SPIRITS IN THE UNITED KINGDOMKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Fine wines/champagne and spirits sees rising current retail value sales in 2023
  • Fine wines sees the highest value sales in 2023
  • Fine wines/champagne and spirits is led by Moët Hennessy UK Ltd in 2022
PROSPECTS AND OPPORTUNITIES
  • Value sales expected to increase in constant 2023 terms over 2023-2028
  • Fine wines expected to see the fastest percentage CAGR rise during forecast period
CATEGORY DATA
  • Table 1 Sales of Fine Wines/Champagne and Spirits by Category: Value 2018-2023
  • Table 2 Sales of Fine Wines/Champagne and Spirits by Category: % Value Growth 2018-2023
  • Table 3 NBO Company Shares of Fine Wines/Champagne and Spirits: % Value 2018-2022
  • Table 4 Distribution of Fine Wines/Champagne and Spirits by Format: % Value 2018-2023
  • Table 5 Forecast Sales of Fine Wines/Champagne and Spirits by Category: Value 2023-2028
  • Table 6 Forecast Sales of Fine Wines/Champagne and Spirits by Category: % Value Growth 2023-2028
LUXURY GOODS IN THE UNITED KINGDOM
EXECUTIVE SUMMARY
  • Luxury goods in 2023: The big picture
  • 2023 key trends
  • Competitive landscape
  • Retailing developments
  • What next for luxury goods?
MARKET DATA
  • Table 7 Sales of Luxury Goods by Category: Value 2018-2023
  • Table 8 Sales of Luxury Goods by Category: % Value Growth 2018-2023
  • Table 9 Inbound Receipts for Luxury Goods by Country of Origin: Value 2018-2023
  • Table 10 NBO Company Shares of Luxury Goods: % Value 2018-2022
  • Table 11 LBN Brand Shares of Luxury Goods: % Value 2019-2022
  • Table 12 Distribution of Luxury Goods by Format and Category: % Value 2023
  • Table 13 Forecast Sales of Luxury Goods by Category: Value 2023-2028
  • Table 14 Forecast Sales of Luxury Goods by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
  • Summary 1 Research Sources