China Wine Market Summary, Competitive Analysis and Forecast to 2027

Key Highlights

• The wine market consists of the sale of still wine, sparkling wine and fortified wine. The market is valued according to retail selling price (RSP) and includes any applicable taxes. All currency conversions used in the creation of this report have been calculated using constant annual average 2022 exchange rates.
• The Chinese Wine market had total revenues of $34.43 billion in 2022, representing a negative compound annual growth rate (CAGR) of 5.5% between 2017 and 2022.
• Market consumption volumes declined with a negative CAGR of 10.3% between 2017 and 2022, to reach a total of 1.11 billion liters in 2022.
• The performance of the market is forecast to accelerate, with an anticipated CAGR of 5.8% for the five-year period 2022 - 2027, which is expected to drive the market to a value of $45.67 billion by the end of 2027.

Scope

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the wine market in China
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the wine market in China
• Leading company profiles reveal details of key wine market players’ global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the China wine market with five year forecasts

Reasons to Buy

• What was the size of the China wine market by value in 2022?
• What will be the size of the China wine market in 2027?
• What factors are affecting the strength of competition in the China wine market?
• How has the market performed over the last five years?
• What are the main segments that make up China's wine market?