Champagne Market to Continue Growing, According to New Report by Koncept Analytics Available at MarketPubishers.com05 May 2016 • by Natalie Aster
LONDON – Nowadays, champagne is associated with luxury and premium attributes worldwide; like haute couture or perfumes, this variant of sparkling wine is one of the products that best embodies the luxury spirit.
At present, the UK is an absolute leader in the global champagne market in terms of exports. Although France is recognised as an ancient champagne producer, this country champagne market registered a decrease in terms of shipments during past several years. Emerging economies cause remarkable changes in the world champagne market landscape. Regionally, APAC takes lead in the world champagne consumption in terms of both value and volume.
The world champagne market growth is spurred by rising demand from the major country markets, increasing off-trade distribution channels, expanding areas of vineyard worldwide, increase in luxury wine market, improving economic conditions and ongoing branding innovations. However, the global champagne market growth could possibly be hindered by certain restraints including high import duty, declining grape production and upsurge in usage of fake champagnes under the name of big brands.
Cutting-edge research study “Global Champagne Market Report: 2016 Edition” elaborated by Koncept Analytics offers a deep overview of the global champagne market and gives access to industry performance estimates. It analyses the key market growth driving and limiting factors, points out the market growth opportunities and challenges. Moreover, the report is a reliable source of data on the major market trends, recent hot issues and important developments. In addition, an in-depth analysis of the competitive scenario and top market players’ performance is available here, too.
To find more research reports by Koncept Analytics click here.