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Country Report

Fine Wines/Champagne and Spirits in

Fine Wines/Champagne and Spirits in Spain

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

COVID-19 National lockdown leads to declining sales as the category is hit by horeca closures

Horeca is central to the success of fine wines/champagne and spirits in Spain and has been a key driver in sales in the category over the course of the review period. In 2020, however, with the outbreak of COVID-19, Spain implemented a strict national lockdown which led to horeca closures around the country.

Home consumption fails to absorb horeca losses

During the COVID-19 pandemic, home consumption of products in fine wines/champagne and spirits increased as consumers spent more time in home seclusion. During the national lockdown, horeca outlets remained closed for an extended period of time, with further restrictions and the fear of infection impacting consumers’ return to horeca.

Drop in tourist sales bursts the bubble of fine wines/champagne and spirits

Tourists are key consumers of fine wines/champagne and spirits in Spain. During the COVID-19 lockdown, however, the tourist industry suffered severe losses.

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

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

KEY DATA FINDINGS

2020 IMPACT

COVID-19 National lockdown leads to declining sales as the category is hit by horeca closures

Home consumption fails to absorb horeca losses

Drop in tourist sales bursts the bubble of fine wines/champagne and spirits

RECOVERY AND OPPORTUNITIES

Vaccine will mean a return to old habits

Local consumers will play harder to get in the face of economic uncertainty

Healthy living trends drive changing patterns of alcohol consumption in Spain

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 Spain - 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 Spain

New Report Guarantee

Executive Summary

New Report Guarantee

2020 IMPACT

COVID-19 National lockdown leads to declining sales as the category is hit by horeca closures

Home consumption fails to absorb horeca losses

Drop in tourist sales bursts the bubble of fine wines/champagne and spirits

Overview

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Table of Contents

Fine Wines/Champagne and Spirits in Spain - Category analysis

KEY DATA FINDINGS

2020 IMPACT

COVID-19 National lockdown leads to declining sales as the category is hit by horeca closures

Home consumption fails to absorb horeca losses

Drop in tourist sales bursts the bubble of fine wines/champagne and spirits

RECOVERY AND OPPORTUNITIES

Vaccine will mean a return to old habits

Local consumers will play harder to get in the face of economic uncertainty

Healthy living trends drive changing patterns of alcohol consumption in Spain

CATEGORY DATA

Luxury Goods in Spain - 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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