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Fine Wines/Champagne and Spirits in Malaysia

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    Report

  • 21 Pages
  • October 2024
  • Region: Malaysia
  • Euromonitor International
  • ID: 2587242
Luxury whiskies has been the most dynamic category within fine wines/champagne and spirits in current value terms in 2024. There has been a rising demand for luxury whiskies, backed in part by increasing education and awareness about the different brands that are available. As interest and demand has grown this has encouraged businesses to host special events showcasing the various luxury whiskies that are available in Malaysia.

The Fine Wines/Champagne and Spirits in Malaysia 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.

Table of Contents

KEY DATA FINDINGS
2024 DEVELOPMENTS
  • Luxury whiskies thriving thanks to tasting events and localised limited editions
  • Players focus on wine appreciation and gifting to drive sales in Malaysia
  • Producers of luxury brandy and cognac use interesting and engaging events to fuel demand in 2024
PROSPECTS AND OPPORTUNITIES
  • Luxury brandy and cognac, luxury whiskies expected to top performance in fine wines/champagne and spirits in forecast period
  • Bars and tasting events could be key to growth in fine wines/champagne and spirits
  • Binge drinking concerns could dampen demand while e-commerce opens up new sales opportunities
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 MALAYSIA
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