Key Highlights
- The spirits market consists of the sale of brandy, gin & genever, liqueurs, rum, specialty spirits, tequila & mezcal, vodka and whiskey. The market is valued according to retail selling price (RSP) and includes any applicable taxes. All currency conversions used in the creation of this report have been calculated using constant annual average 2022 exchange rates.
- The Australian Spirits market had total revenues of $ 16.28 billion in 2022, representing a compound annual growth rate (CAGR) of 4.3% between 2017 and 2022.
- Market consumption volume increased with a CAGR of 1.6% between 2017 and 2022, to reach a total of 395.2 million liters in 2022.
- The performance of the market is forecast to accelerate, with an anticipated CAGR of 12.7% for the five-year period 2022 - 2027, which is expected to drive the market to a value of $ 29.60 billion by the end of 2027.
Scope
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the spirits market in Australia
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the spirits market in Australia
- Leading company profiles reveal details of key spirits market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Australia spirits market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the Australia spirits market by value in 2022?
- What will be the size of the Australia spirits market in 2027?
- What factors are affecting the strength of competition in the Australia spirits market?
- How has the market performed over the last five years?
- How large is Australia’s spirits market in relation to its regional counterparts?
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Diageo plc
- Suntory Holdings Ltd
- Asahi Group Holdings Ltd
- Pernod Ricard SA