In the first half of 2022, COVID-19 came under better control and the number of cases declined. This led to the lifting of restrictions on eating out.
Fine wines is a category that is rich in information about the products, in terms of types of grapes and growing regions. For those who love wines and appreciate this information, this satisfies their curiosity, but for newcomers it can be confusing, difficult to understand, and sometimes difficult to overcome.
Against a backdrop of substantial increases in transportation costs due to structural factors in the logistics industry, and soaring prices of materials such as bottles, labels and cardboard boxes, further price rises are expected for fine wines/champagne and spirits in the forecast period. For example, the major brand Dassai from Asahi Shuzo Co Ltd has already announced a price increase of 2-4% from July 2022.
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Understand the latest market trends and future growth opportunities for the Fine Wines/Champagne and Spirits industry in Japan with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Fine Wines/Champagne and Spirits industry in Japan, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Fine Wines/Champagne and Spirits
This is the aggregation of fine wines and luxury spirits.See All of Our Definitions
This report originates from Passport, our Fine Wines/Champagne and Spirits research and analysis database.
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