According to a new report published by Allied Market Research, titled, “Luxury Wines and Spirits Market,” The luxury wines and spirits market size was valued at $229.44 billion in 2021, and is estimated to reach $414.8 billion by 2031, growing at a CAGR of 6.2% from 2022 to 2031. Request The Sample PDF Of This …
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Luxury Wines and Spirits Market Targets to Reach $1,411 billion by 2027 | Industry Demand and Opportunities
Increase in demand for premium quality luxury goods and rise in disposable income & rapid urbanization are the driving factors the luxury wines and spirits market growth. Moreover, consumer, mainly millennials are more health conscious and they are willing to try new, healthier, alternatives to traditional soft drinks. Thus, this factor is likely to surge in …
Luxury Wines and Spirits Market: In-Depth Analysis, Growth, Overview & Future Prospects 2020-2027
Rise in demand for premium quality luxury goods, surge in disposable income, and rapid urbanization drive the global luxury wines and spirits market. Luxury Wines and Spirits Market by Type (Wines/Champagnes and Spirits) and Distribution Channel (Wholesale, Retail, E-Commerce, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027.”According to the report, the global luxury wines and …
Luxury Wines and Spirits Market size to be worth $1,411 billion by 2027, at a CAGR of 4.9%
ccording to a new report published by Allied Market Research, titled, “Luxury Wines and Spirits Market by Type and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2020–2027,” The global luxury wines and spirits market size was valued at $970 billion in 2019, and is anticipated to reach $1411 billion by 2027, with a CAGR of …