Fine Wines/Champagne and Spirits in Spain

Description

In 2024, fine wines/champagne and spirits in Spain is set to continue to see retail current value growth. However, the rate of increase is expected to be slower than in 2023, with this trend seen in every individual category within fine wines and luxury spirits. As is being seen in other luxury goods categories, the weak economic situation is resulting in some consumers cutting back on non-essential expenditure. The desire to save money is also resulting in a trading down from luxury to premium...

Euromonitor International's Fine Wines/Champagne and Spirits in Spain 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 2028 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.

Product Code: LUXESfw

List Of Contents And Tables

KEY DATA FINDINGS

2024 DEVELOPMENTS

Weaker performance as some consumers trade down
Indulgence, experiences, and health are shaping sales
The leaders lose share to smaller craft players

PROSPECTS AND OPPORTUNITIES

Continued growth, but healthy Spaniards may hamper growth
Craft products, limited editions, and organic wines expected to be popular
Tourists important for sales, but arrivals at risk due to local campaigns

CATEGORY DATA

Table 1 Sales of Fine Wines/Champagne and Spirits by Category: Value 2019-2024
Table 2 Sales of Fine Wines/Champagne and Spirits by Category: % Value Growth 2019-2024
Table 3 NBO Company Shares of Fine Wines/Champagne and Spirits: % Value 2019-2023
Table 4 LBN Brand Shares of Fine Wines/Champagne and Spirits: % Value 2020-2023
Table 5 Distribution of Fine Wines/Champagne and Spirits by Format: % Value 2019-2024
Table 6 Forecast Sales of Fine Wines/Champagne and Spirits by Category: Value 2024-2029
Table 7 Forecast Sales of Fine Wines/Champagne and Spirits by Category: % Value Growth 2024-2029

LUXURY GOODS IN SPAIN

EXECUTIVE SUMMARY

Luxury goods in 2024: The big picture
2024 key trends
Competitive landscape
Retailing developments
What next for luxury goods?

MARKET DATA

Table 8 Sales of Luxury Goods by Category: Value 2019-2024
Table 9 Sales of Luxury Goods by Category: % Value Growth 2019-2024
Table 10 Inbound Receipts for Luxury Goods by Country of Origin: Value 2019-2024
Table 11 NBO Company Shares of Luxury Goods: % Value 2019-2023
Table 12 LBN Brand Shares of Luxury Goods: % Value 2020-2023
Table 13 Distribution of Luxury Goods by Format and Category: % Value 2024
Table 14 Forecast Sales of Luxury Goods by Category: Value 2024-2029
Table 15 Forecast Sales of Luxury Goods by Category: % Value Growth 2024-2029

DISCLAIMER

SOURCES

Summary 1 Research Sources