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Country Report

Fine Wines/Champagne and Spirits in

Fine Wines/Champagne and Spirits in Mexico

Jan 2021

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!

2020 IMPACT

Switch from on-trade consumption not enough to prevent retail declines

The closure of on-trade establishments for trade other than takeaway or delivery services for long periods of time during the COVID-19 pandemic was not enough to prevent declining retail sales for fine wines/champagne and spirits in 2020. Even though some switch to retail was inevitable, Mexicans found themselves with little to celebrate during the health crisis.

Ban on alcohol sales in some areas also has a negative effect

Some 21 local authorities introduced a prohibition on alcohol sales, or a “dry law” early in the pandemic, while other regions followed suit at later dates. The states of Tabasco, Yucatán, Sinaloa and Puebla introduced total bans on alcohol sales.

E-commerce sales soar during the pandemic

E-commerce sales of fine wines/champagne and spirits benefited considerably in Mexico during the pandemic. Wealthier consumers tend to be more confident in using online commerce and many appreciated the ability to order these products from home and enjoy the contactless delivery services offered by e-commerce vendors during the health crisis.

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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 Mexico 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 Mexico, our research will save you time and money while empowering you to make informed, profitable decisions.

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

KEY DATA FINDINGS

2020 IMPACT

Switch from on-trade consumption not enough to prevent retail declines

Ban on alcohol sales in some areas also has a negative effect

E-commerce sales soar during the pandemic

RECOVERY AND OPPORTUNITIES

Rapid return to strong growth

Retailers likely to offer value-added services, while brands continue to develop special editions

E-commerce set to continue to thrive

CATEGORY DATA

Table 1 Sales of Fine Wines/Champagne and Spirits by Category: Value 2015-2020
Table 2 Sales of Fine Wines/Champagne and Spirits by Category: % Value Growth 2015-2020
Table 3 NBO Company Shares of Fine Wines/Champagne and Spirits: % Value 2015-2019
Table 4 LBN Brand Shares of Fine Wines/Champagne and Spirits: % Value 2016-2019
Table 5 Distribution of Fine Wines/Champagne and Spirits by Format: % Value 2015-2020
Table 6 Forecast Sales of Fine Wines/Champagne and Spirits by Category: Value 2020-2025
Table 7 Forecast Sales of Fine Wines/Champagne and Spirits by Category: % Value Growth 2020-2025

Luxury Goods in Mexico - Industry Overview

EXECUTIVE SUMMARY

COVID-19 impact on luxury goods

COVID-19 country impact

Company response

Retailing shift

What next for luxury goods?

MARKET INDICATORS

Table 8 Number of High Net Worth Individuals (HNWI): 2015-2020

MARKET DATA

Table 9 Sales of Luxury Goods by Category: Value 2015-2020
Table 10 Sales of Luxury Goods by Category: % Value Growth 2015-2020
Table 11 Inbound Receipts for Luxury Goods by Country of Origin: Value 2015-2020
Table 12 NBO Company Shares of Luxury Goods: % Value 2015-2019
Table 13 LBN Brand Shares of Luxury Goods: % Value 2016-2019
Table 14 Distribution of Luxury Goods by Format and Category: % Value 2020
Table 15 Forecast Sales of Luxury Goods by Category: Value 2020-2025
Table 16 Forecast Sales of Luxury Goods by Category: % Value Growth 2020-2025

Megatrends

Country Report

Fine Wines/Champagne and Spirits in Mexico

New Report Guarantee

Executive Summary

New Report Guarantee

2020 IMPACT

Switch from on-trade consumption not enough to prevent retail declines

Ban on alcohol sales in some areas also has a negative effect

E-commerce sales soar during the pandemic

Overview

Why buy this report?

Samples (FAQs about samples):

Want to find out more about this report?

Table of Contents

Fine Wines/Champagne and Spirits in Mexico - Category analysis

KEY DATA FINDINGS

2020 IMPACT

Switch from on-trade consumption not enough to prevent retail declines

Ban on alcohol sales in some areas also has a negative effect

E-commerce sales soar during the pandemic

RECOVERY AND OPPORTUNITIES

Rapid return to strong growth

Retailers likely to offer value-added services, while brands continue to develop special editions

E-commerce set to continue to thrive

CATEGORY DATA

Luxury Goods in Mexico - Industry Overview

EXECUTIVE SUMMARY

COVID-19 impact on luxury goods

COVID-19 country impact

Company response

Retailing shift

What next for luxury goods?

MARKET INDICATORS

MARKET DATA

DISCLAIMER

GLOBAL MACROECONOMIC ENVIRONMENT

GLOBAL INDUSTRY ENVIRONMENT

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