Online:
Visits:
Stories:
Profile image
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

Luxury Wines and Spirits Market by Distribution Channel (Wholesale, Retail, and E-commerce) Expected to Register High Revenue Growth 2017

Tuesday, February 28, 2017 2:44
% of readers think this story is Fact. Add your two cents.

(Before It's News)

The press releases (PRs) on “Luxury Wines and Spirits Market” added by Big Market Research will enable major enterprises unlocks the real-time data pertaining to the overall industry performance across different regions.

The luxury wines and spirits market constitutes of distilled spirits such as vodka, rum, and brandy. Wines include champagne, red wines, and wines from different fruits. As these goods are considered as luxury goods, they have the elasticity of demand greater than one. Thus, their demand increases more than the increase in income of the consumers. Its market can be segmented based on by type, by distribution channel, and by geography.

The global luxury wines and spirits market is estimated to reach $11,22,578 million by 2022 compared to $8,12,108 million in 2015, growing at a CAGR of 4.8% during the forecast period. The rise in disposable income in the emerging economies due to rapid industrialization, and increase in the demand for premium-quality luxury goods also support the market growth.

Enquire about Report here: http://www.bigmarketresearch.com/report-enquiry/886995

Spirits segment dominated the global market in 2015, whereas the wines segment is projected to register the highest growth during the forecast period.

Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Europe dominated the market in 2015, and is anticipated to maintain this trend during the forecast period, due to the consumption of alcoholic beverages at various social gatherings is expected to provide profitable opportunities for the manufacturers. Moreover, with growing popularity of sports event such as football and tennis, where audiences are often seen consuming alcoholic beverages is further expected to grow the market in the near future.

Enquire about discount in Report here: http://www.bigmarketresearch.com/purchase-enquiry/886995

KEY MARKET SEGMENTS:
Global Luxury Wines and Spirits Market is segmented as:

BY PRODUCT TYPE
Wines
Spirits

BY DISTRIBUTION CHANNEL
Wholesale
Retail
E-Commerce

To Order For a Sample Report, Please Visit: http://www.bigmarketresearch.com/request-sample/886995

About Us:

Our strength is in our research analysts who with their proactive approach are able to source best and correct information which can be detrimental in organizations success. We follow six sigma standards leaving no scope for error.

Big Market Research uniqueness lies in its highly ethical reports at economical rates because we value your relationship and growth more than money. Your growth is our aim.

Contact Big Market Research:

Direct Contact: + 1-503-894-6022
Toll Free: + 1-800-910-6452
Email: help@bigmarketresearch.com
Web: http://www.bigmarketresearch.com

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.