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Country Report

Fine Wines/Champagne and Spirits in

Fine Wines/Champagne and Spirits in Malaysia

18 pages, Feb 2018

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

Sales fuelled by increase in number of fine dining options

The surge in the number of fine dining restaurants in Malaysia has helped stimulate interest in fine wines/ champagne and spirits. Kuala Lumpur remains the main location for a huge number of fine dining restaurants since it is home to many expatriates and higher income consumers.

New luxury hotels boosting sales among tourists

During the forecast period, the opening of luxury hotels such as Four Seasons Kuala Lumpur will contribute to rising demand for fine wines/champagne and spirits. Aside from the opening of more luxury hotels, fine dining restaurants in luxury hotels are forecasted to grow as well due to the changing lifestyles of younger consumers in Malaysia, thus helping to boost demand for fine wines/champagne and spirits.

Changing lifestyle trends shape drinking habits of Malaysians

Many consumers in Malaysia are opting for wines/champagne and spirits thanks to the launch of various events by alcoholic drinks manufacturers and retailers. Annual events like Malaysia Wine Fiesta and Hennessy X.

COMPETITIVE LANDSCAPE

Focus on new product launches to attract consumers

During the review period, new product launches remained an important method for attracting consumers within fine wines/champagne and spirits in Malaysia. Moët & Chandon launched its Moët Ice Impérial in Malaysia in 2016, with this champagne combining the flavours of tropical and stone fruits like guava, nectarine and mango with notes of gooseberry and raspberry.

Distribution through drink specialist retailers

Distribution of fine wines/champagne and spirits in Malaysia is dominated by tobacco and wine specialist retailers. Drink specialist retailers like TMC are highly popular among consumers interested in fine wines/champagne and spirits.

Growing internet sales

On the other hand, online retailers emerged as an important distribution channel for fine wines/champagne and spirits during the review period. Online players like Wine Talk, Wine Connection and Wine Warehouse are among several leading online retailers that offer a large range of fine wines/champagne and spirits, including home delivery.

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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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Overview

Discover the latest market trends and uncover sources of future market growth for the Fine Wines/Champagne and Spirits industry in Malaysia 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 Malaysia, our research will save you time and money while empowering you to make informed, profitable decisions.

The Fine Wines/Champagne and Spirits in Malaysia 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 Malaysia?
What are the major brands in Malaysia?
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 Malaysia - Category analysis

HEADLINES

PROSPECTS

Sales fuelled by increase in number of fine dining options

New luxury hotels boosting sales among tourists

Changing lifestyle trends shape drinking habits of Malaysians

COMPETITIVE LANDSCAPE

Focus on new product launches to attract consumers

Distribution through drink specialist retailers

Growing internet sales

CATEGORY DATA

Table 1 Sales of Fine Wines/Champagne and Spirits by Category: Value 2012-2017
Table 2 Sales of Fine Wines/Champagne and Spirits by Category: % Value Growth 2012-2017
Table 3 NBO Company Shares of Fine Wines/Champagne and Spirits: % Value 2012-2016
Table 4 LBN Brand Shares of Fine Wines/Champagne and Spirits: % Value 2013-2016
Table 5 Distribution of Fine Wines/Champagne and Spirits by Format: % Value 2012-2017
Table 6 Forecast Sales of Fine Wines/Champagne and Spirits by Category: Value 2017-2022
Table 7 Forecast Sales of Fine Wines/Champagne and Spirits by Category: % Value Growth 2017-2022

Luxury Goods in Malaysia - Industry Overview

EXECUTIVE SUMMARY

Demand for luxury goods remains strong

Demand for luxury goods continues to rise despite volatile economy

International brands continue to dominate sales

Physical stores dominate distribution of luxury goods

Slow positive outlook forecasted in luxury goods

MARKET INDICATOR

Table 8 Number of High Net Worth Individuals (HNWI): 2012-2017

MARKET DATA

Table 9 Sales of Luxury Goods by Category: Value 2012-2017
Table 10 Sales of Luxury Goods by Category: % Value Growth 2012-2017
Table 11 Inbound Receipts for Luxury Goods by Country of Origin: Value 2013-2017
Table 12 NBO Company Shares of Luxury Goods: % Value 2012-2016
Table 13 LBN Brand Shares of Luxury Goods: % Value 2013-2016
Table 14 Distribution of Luxury Goods by Format and Category: % Value 2017
Table 15 Forecast Sales of Luxury Goods by Category: Value 2017-2022
Table 16 Forecast Sales of Luxury Goods by Category: % Value Growth 2017-2022

Megatrends

Country Report

Fine Wines/Champagne and Spirits in Malaysia

New Report Guarantee

Executive Summary

New Report Guarantee

PROSPECTS

Sales fuelled by increase in number of fine dining options

New luxury hotels boosting sales among tourists

Changing lifestyle trends shape drinking habits of Malaysians

COMPETITIVE LANDSCAPE

Focus on new product launches to attract consumers

Distribution through drink specialist retailers

Growing internet sales

Overview

Why buy this report?

Samples (FAQs about samples):

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Table of Contents

Fine Wines/Champagne and Spirits in Malaysia - Category analysis

HEADLINES

PROSPECTS

Sales fuelled by increase in number of fine dining options

New luxury hotels boosting sales among tourists

Changing lifestyle trends shape drinking habits of Malaysians

COMPETITIVE LANDSCAPE

Focus on new product launches to attract consumers

Distribution through drink specialist retailers

Growing internet sales

CATEGORY DATA

Luxury Goods in Malaysia - Industry Overview

EXECUTIVE SUMMARY

Demand for luxury goods remains strong

Demand for luxury goods continues to rise despite volatile economy

International brands continue to dominate sales

Physical stores dominate distribution of luxury goods

Slow positive outlook forecasted in luxury goods

MARKET INDICATOR

MARKET DATA

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