+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Fine Wines/Champagne and Spirits in Malaysia

  • PDF Icon

    Report

  • 23 Pages
  • October 2023
  • Region: Malaysia
  • Euromonitor International
  • ID: 2587242
Value sales of fine wines/Champagne and spirits are set to grow by 9% to total MYR292 million in 2023. Socialising over a drink with friends remains a priority pastime for many and this has boosted sales in 2023, following the limits placed on socialising in 2020-2022. The return of weddings, parties and other significant celebrations has also led to increased demand for fine Champagne and other fine wines, as well as for luxury spirits.

The Fine Wines/Champagne and Spirits in Malaysia 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 MALAYSIAKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Fine wines/Champagne and spirits seeing strong growth as consumers start socialising again
  • Luxury spirits is the largest subcategory in terms of value sales in the last year of the review period
  • Pernod Ricard Malaysia Sdn Bhd is the number one company in fine wines/champagne and spirits in 2022
PROSPECTS AND OPPORTUNITIES
  • Positive outlook for the forecast period for fine wines/Champagne and spirits
  • Fine wines is expected to see the fastest percentage CAGR rise during forecast period
  • E-commerce set to play a more prominent role in sales of fine wines/Champagne and spirits
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 MALAYSIA
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 2018-2023
  • Table 11 LBN Brand Shares of Luxury Goods: % Value 2019-2023
  • 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