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Country Report

Fine Wines/Champagne and Spirits in

Fine Wines/Champagne and Spirits in India

14 pages, Feb 2019

US$990

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Executive Summary

New Report Guarantee

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!

PROSPECTS

Fine wines and champagne continue to penetrate the market, but remain niche

Affluent consumers are getting used to the idea of consuming luxury wine or champagne during fine dining or at occasions or parties. Although this change in mindset could be attributed to the fact that more people are travelling abroad for work or studies, people are also being influenced by films, blogs, social media platforms and culinary shows.

Vineyards help consumers to learn more about wines

Several vineyards were established in India over the last few years; for example, by Moët Hennessy India, which sells champagne under its Chandon brand. These vineyards continue to attract more affluent and aspirational consumers every year, who are keen to learn more about wines, resulting in the continued growth of fine wine and champagne.

High import duties and offshore purchases adversely impact sales

India is amongst the largest imposers of customs duties on imports of fine wines/champagne and spirits. This deters the already developed clientele and aspirational customers alike from making purchases in the country.

COMPETITIVE LANDSCAPE

Chivas Regal 18 YO from Pernod Ricard India is the leading brand

Chivas Regal 18 YO, a blended Scotch whisky, is one of Pernod Ricard India’s brands. It led fine wines/champagnes and spirits in the country in retail value terms in 2017, although with a small share due to the fragmentation in the category.

Diageo India remains the leading company

Despite Pernod Ricard India holding the leading brand in 2017, Diageo India maintained its lead in company terms. The company has a wide brand portfolio, mainly in whiskies, although it also has a presence in vodka with Ciroc.

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Overview

Why buy this report?

Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.

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Files are delivered directly into your account within a few minutes of purchase.

Overview

Discover the latest market trends and uncover sources of future market growth for the Fine Wines/Champagne and Spirits industry in India with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Fine Wines/Champagne and Spirits industry in India, our research will save you time and money while empowering you to make informed, profitable decisions.

The Fine Wines/Champagne and Spirits in India market research report includes:

Analysis of key supply-side and demand trends
Detailed segmentation of international and local products
Historic volumes and values, company and brand market shares
Five year forecasts of market trends and market growth
Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

What is the market size of Fine Wines/Champagne and Spirits in India?
What are the major brands in India?
How dynamic is the growth of Fine Wines/Champagne and Spirits internet sales?
What is driving growth?

Why buy this report?

Gain competitive intelligence about market leaders
Track key industry trends, opportunities and threats
Inform your marketing, brand, strategy and market development, sales and supply function

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Fine Wines/Champagne and Spirits in India - Category analysis

HEADLINES

PROSPECTS

Fine wines and champagne continue to penetrate the market, but remain niche

Vineyards help consumers to learn more about wines

High import duties and offshore purchases adversely impact sales

COMPETITIVE LANDSCAPE

Chivas Regal 18 YO from Pernod Ricard India is the leading brand

Diageo India remains the leading company

CATEGORY DATA

Table 1 Sales of Fine Wines/Champagne and Spirits by Category: Value 2013-2018
Table 2 Sales of Fine Wines/Champagne and Spirits by Category: % Value Growth 2013-2018
Table 3 NBO Company Shares of Fine Wines/Champagne and Spirits: % Value 2013-2017
Table 4 LBN Brand Shares of Fine Wines/Champagne and Spirits: % Value 2014-2017
Table 5 Distribution of Fine Wines/Champagne and Spirits by Format: % Value 2013-2018
Table 6 Forecast Sales of Fine Wines/Champagne and Spirits by Category: Value 2018-2023
Table 7 Forecast Sales of Fine Wines/Champagne and Spirits by Category: % Value Growth 2018-2023

Luxury Goods in India - Industry Overview

EXECUTIVE SUMMARY

Growth slows as luxury goods faces multiple challenges

Affordable luxury products are key to tap into the younger consumer group

Fragmentation is prevalent in the competitive landscape

Store-based retailing maintains its dominance

Luxury goods is expected to continue its positive performance

MARKET INDICATORS

Table 8 Number of High Net Worth Individuals (HNWI): 2013-2018

MARKET DATA

Table 9 Sales of Luxury Goods by Category: Value 2013-2018
Table 10 Sales of Luxury Goods by Category: % Value Growth 2013-2018
Table 11 Inbound Receipts for Luxury Goods by Country of Origin: Value 2013-2018
Table 12 NBO Company Shares of Luxury Goods: % Value 2013-2017
Table 13 LBN Brand Shares of Luxury Goods: % Value 2014-2017
Table 14 Distribution of Luxury Goods by Format and Category: % Value 2018
Table 15 Forecast Sales of Luxury Goods by Category: Value 2018-2023
Table 16 Forecast Sales of Luxury Goods by Category: % Value Growth 2018-2023

Megatrends

Country Report

Fine Wines/Champagne and Spirits in India

New Report Guarantee

Executive Summary

New Report Guarantee

PROSPECTS

Fine wines and champagne continue to penetrate the market, but remain niche

Vineyards help consumers to learn more about wines

High import duties and offshore purchases adversely impact sales

COMPETITIVE LANDSCAPE

Chivas Regal 18 YO from Pernod Ricard India is the leading brand

Diageo India remains the leading company

Overview

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Table of Contents

Fine Wines/Champagne and Spirits in India - Category analysis

HEADLINES

PROSPECTS

Fine wines and champagne continue to penetrate the market, but remain niche

Vineyards help consumers to learn more about wines

High import duties and offshore purchases adversely impact sales

COMPETITIVE LANDSCAPE

Chivas Regal 18 YO from Pernod Ricard India is the leading brand

Diageo India remains the leading company

CATEGORY DATA

Luxury Goods in India - Industry Overview

EXECUTIVE SUMMARY

Growth slows as luxury goods faces multiple challenges

Affordable luxury products are key to tap into the younger consumer group

Fragmentation is prevalent in the competitive landscape

Store-based retailing maintains its dominance

Luxury goods is expected to continue its positive performance

MARKET INDICATORS

MARKET DATA

SOURCES

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