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Fine Wines/Champagne and Spirits in Australia

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    Report

  • 20 Pages
  • September 2023
  • Region: Australia
  • Euromonitor International
  • ID: 2477277
Despite the disruption from the pandemic over the last three years, fine wine/champagne and spirits managed to post steady growth in Australia throughout this period, due to the strong demand for retail products to be enjoyed at home during the lockdown period as hometainment took hold. Nevertheless, value sales of fine wines/champagne and spirits continued to rise in 2023, increasing by 6% to total AUD1.3 billion, as a result of consumers’ desire to make the most of life after the pandemic.

The Fine Wines/Champagne and Spirits in Australia 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
The analyst has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, The analyst has a unique capability to develop reliable information resources to help drive informed strategic planning.

Table of Contents

KEY DATA FINDINGS
2023 DEVELOPMENTS
  • Fine wines/champagne and spirits sees rising current retail value sales in 2023
  • Fine wines sees the most significant value sales in the last year of the review period
  • Fine wines/champagne and spirits is led by Moët Hennessy Australia Pty Ltd in 2022
PROSPECTS AND OPPORTUNITIES
  • Value sales forecast to rise in constant 2023 terms over 2023-2028
  • Luxury spirits expected to experience the fastest percentage CAGR increase during 2023-2028
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 AUSTRALIA
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