Fine Wines/Champagne and Spirits in the Philippines
FINE WINES/CHAMPAGNE AND SPIRITS IN THE PHILIPPINES
Euromonitor International
February 2019
LIST OF CONTENTS AND TABLES
Headlines
Prospects
Young Professionals Seek Goods That Show Off Their Wealth and Social Status
Companies' Strategies Target Millennials
Bars and Clubs in Key Cities Secure Exposure for Luxury Brands
Competitive Landscape
Moët Hennessy Philippines Drives the Category
Players Set To Continue Their Focus on Young Professionals
Social Media Is Increasingly Utilised As A Marketing and Promotional Tool
Category Data
Table 1 Sales of Fine Wines/Champagne and Spirits by Category: Value 2013-2018
Table 2 Sales of Fine Wines/Champagne and Spirits by Category: % Value Growth 2013-2018
Table 3 NBO Company Shares of Fine Wines/Champagne and Spirits: % Value 2013-2017
Table 4 LBN Brand Shares of Fine Wines/Champagne and Spirits: % Value 2014-2017
Table 5 Distribution of Fine Wines/Champagne and Spirits by Format: % Value 2013-2018
Table 6 Forecast Sales of Fine Wines/Champagne and Spirits by Category: Value 2018-2023
Table 7 Forecast Sales of Fine Wines/Champagne and Spirits by Category: % Value Growth 2018-2023
Executive Summary
Luxury Goods Remains Resilient in the Face of Unfriendly Economic Conditions
Positive 2018 Growth for Luxury Goods
Highly Fragmented, Fast-developing Industry
Internet Retailing Shoots for Fastest Growth
Positive, If Slower Growth Forecast Due To Economic Fears
Market Indicators
Table 8 Number of High Net Worth Individuals (HNWI): 2013-2018
Market Data
Table 9 Sales of Luxury Goods by Category: Value 2013-2018
Table 10 Sales of Luxury Goods by Category: % Value Growth 2013-2018
Table 11 Inbound Receipts for Luxury Goods by Country of Origin: Value 2013-2018
Table 12 NBO Company Shares of Luxury Goods: % Value 2013-2017
Table 13 LBN Brand Shares of Luxury Goods: % Value 2014-2017
Table 14 Distribution of Luxury Goods by Format and Category: % Value 2018
Table 15 Forecast Sales of Luxury Goods by Category: Value 2018-2023
Table 16 Forecast Sales of Luxury Goods by Category: % Value Growth 2018-2023
Sources
Summary 1 Research Sources
With the increasing penetration of and dependence on social media, defining one’s social status has never been as important, especially for young consumer groups. Aside from investing in more practical goods like property, businesses and automobiles, young professionals are also using fine wines/champagne and spirits to showcase their wealth and social status. Alcoholic drinks have always been a part of Filipino consumers’ social traditions, which makes it more effective for consumers to use suc...
Euromonitor International's Fine Wines/Champagne and Spirits in Philippines 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 2023 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.
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