Fine Wines/Champagne and Spirits in Italy

October 2023 | 22 pages | ID: F1E1BE47C98EN
Euromonitor International Ltd

Abstracts

Value sales of fine wines/champagne and spirits are set to grow by 12% in current terms to total EUR1.3 billion in 2023, boosted by consumers’ appetite for experiences and enjoyment after the pandemic. Entertaining and socialising with friends is a priority for many consumers in Italy, with this desire being even more pronounced following the limits placed on socialising during the pandemic. The return of important celebrations, such as weddings and birthday parties, has also led to increased co...

Euromonitor International's Fine Wines/Champagne and Spirits in Italy report offers a comprehensive guide to the size and shape of the Fine Wines/Champagne and Spirits market at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market and their effects on Fine Wines/Champagne and Spirits retailing along with the development of consumers’ shopping patterns. Forecasts to 2027 illustrate how the market is set to change

Product coverage: Fine Wines, Luxury Spirits.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

• Get a detailed picture of the Fine Wines/Champagne and Spirits market;
• Pinpoint growth sectors and identify factors driving change;
• Understand the competitive environment, the market’s major players and leading brands;
• Use five-year forecasts to assess how the market is predicted to develop.

Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.

Contents

FINE WINES/CHAMPAGNE AND SPIRITS IN ITALY
KEY DATA FINDINGS
2023 DEVELOPMENTS
Fine wines/champagne and spirits sees rising current retail value sales in 2023
Fine wines remains the most popular category due to strong local traditions
Moлt Hennessy Italia SpA continues to lead in 2022
PROSPECTS AND OPPORTUNITIES
Positive outlook for fine wines/Champagne and spirits as consumers look for affordable indulgences
Fine wines expected to be the most dynamic category with sales benefiting from a growing focus on quality over quantity
Producers of fine wines likely to focus on producing “healthier” and more sustainable products
CATEGORY DATA
Table 1 Sales of Fine Wines/Champagne and Spirits by Category: Value 2018-2023
Table 2 Sales of Fine Wines/Champagne and Spirits by Category: % Value Growth 2018-2023
Table 3 NBO Company Shares of Fine Wines/Champagne and Spirits: % Value 2018-2022
Table 4 Distribution of Fine Wines/Champagne and Spirits by Format: % Value 2018-2023
Table 5 Forecast Sales of Fine Wines/Champagne and Spirits by Category: Value 2023-2028
Table 6 Forecast Sales of Fine Wines/Champagne and Spirits by Category: % Value Growth 2023-2028
LUXURY GOODS IN ITALY
EXECUTIVE SUMMARY
Luxury goods in 2023: The big picture
2023 key trends
Competitive landscape
Retailing developments
What next for luxury goods?
MARKET DATA
Table 7 Sales of Luxury Goods by Category: Value 2018-2023
Table 8 Sales of Luxury Goods by Category: % Value Growth 2018-2023
Table 9 Inbound Receipts for Luxury Goods by Country of Origin: Value 2018-2023
Table 10 NBO Company Shares of Luxury Goods: % Value 2018-2023
Table 11 LBN Brand Shares of Luxury Goods: % Value 2019-2023
Table 12 Distribution of Luxury Goods by Format and Category: % Value 2023
Table 13 Forecast Sales of Luxury Goods by Category: Value 2023-2028
Table 14 Forecast Sales of Luxury Goods by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
Summary 1 Research Sources