Following the easing of the country’s national lockdown, travel restrictions and social distancing measures, tourism is key to the recovery of fine wines/champagne and spirits over the forecast period. The fact that the process of applying for an alcohol licence has been made easier will also help to support greater demand.
Brands within fine wines/champagne and spirits will continue to be those coming in from the global market, as no local manufacturers of such products exist in the region. Hence, popular trends from global markets are also expected to eventually reflect in the United Arab Emirates over the forecast period.
In general, the consumption of alcohol is expected to decline over the forecast period, as a result of growing awareness of health and wellness. As an increasing number of consumers become aware of the health problems associated with the consumption of alcohol, the consumption of fine wines/champagne and spirits could be limited to weekends, holidays or special occasions, rather than daily.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Understand the latest market trends and future growth opportunities for the Fine Wines/Champagne and Spirits industry in United Arab Emirates 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 United Arab Emirates, 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 DefinitionsThis report originates from Passport, our Fine Wines/Champagne and Spirits research and analysis database.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!