China Wine Market to be Worth USD 24,000 Million by 2017, Expects Canadean26 Jun 2013 • by Natalie Aster
China’s wine market growth is set to remain steady to 2017, ultimately reaching a value of around US$24,000 million. Year on year growth is set to peak in 2016, at 6.55%
Still wine will be the dominant driver of this growth, with a CAGR of 6.54% between 2012 and 2017 taking the category value to US$1,525.5 million by the end of the forecast period, according to the report “The Future of the Wine Market in China to 2017” by Canadean. This is significantly lower than the CAGR between 2007 and 2012, when still wine posted a CAGR of 14.83%; however, this figure was boosted by the explosion in the Chinese wine market in 2009.
The Future of the Wine Market in China to 2017
Published: June, 2013
Price: US$ 875.00
Uniquely positioned to provide compelling, actionable market intelligence thanks to its rigorous research methodology – which encompasses internal resources, extensive desk research, market modelling, and the input of its panel of leading industry executives – Canadean is able to combine research on general industry drivers and trends with expert’s attitudes and behaviours, making this report required reading for those serious about reacting to market trends and capitalising on opportunities in the Chinese wine market.
The report provides detailed segmentation of historic and future Wine consumption, covering key categories and segments, and is an essential tool both for companies already active across the wine industry, and for new players considering entry into China’s wine market.
More information can be found in the report “The Future of the Wine Market in China to 2017” by Canadean.
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