-
Sector Analysis
Opportunities in Eastern European Wine Sector
The global wine sector was valued at US$372,482.4 million in 2019 and is expected to grow at a CAGR of 4.2% over 2019-2024 to reach US$456,963.2 by 2024. The Eastern European was the third largest market in the global wine sector with value sales of US$72,575.9 million, accounting for a share of 19.5% in 2019. The Eastern European is set to grow at a value and volume CAGR of 1.7% and 0.9%, respectively, during 2019-2024. This report brings together multiple...
-
Sector Analysis
Country Profile: Wine Sector in Russia
GlobalData’s Country Profile report on the Wine sector in Russia provides insights on high growth markets to target, trends in the usage of packaging materials, category level distribution channel data and market share of brands. Growing Russian economy coupled with high level of urbanization in the country is driving the Wine sector in the country. Increasing demand for new world wines among consumers is also aiding growth in the sector. Of all the markets, Sparkling Wine is the largest in...
-
Sector Analysis
Opportunities in the Global Wine Sector: Analysis of Opportunities Offered by High Growth Economies
"Opportunities in the Global Wine Sector", report brings together multiple data sources to provide a comprehensive overview of the global Wine sector as part of our global series. It includes an analysis on global Wine sector with consumption analysis highlighted for all regions. The report also identifies high potential countries by region that have been identified by creating a risk-reward analysis with multiple parameters. The global Wine sector was valued at US$305.9 billion in 2016 and is forecast to record...
-
Sector Analysis
Country Profile: Wine in Russia
The wine sector in Russia was led by the sparkling wine category by value in 2017, and it is also expected to register the fastest growth in both value and volume terms during 2017-2022. Hypermarkets & supermarkets accounted for the leading share in the distribution of wine in the country. Glass was the commonly used pack material in the sector, followed by paper & board in 2017. Slaviansky Rpk Zao, Ironstone Vineyards and Bacardi Limited are the leading players in...
-
Sector Analysis
Consumer and Market Insights: Wine in Russia
Russia Wine market is forecast to register growth in value as well as volume terms during 2015-2020. The Still Wine category has the highest volume share in 2015, whereas Sparkling Wine category is projected to be the fastest growing during 2015-2020. An increase in the number of singletons in Russia is driving Wine makers to launch Wines in ‘single-serve’ formats. Further, of late, the Russians have been shifting their alcohol preference from vodka and beer to Wines and whiskies.
-
Sector Analysis
Consumer and Market Insights: Wine Market in Russia
Of the three categories analyzed, Sparkling Wine will be the largest as well as fastest growing value category, registering a CAGR of 6.2% during 2015-2019 The Wine market in Russia accounted for more than one third of overall Wine & Spirits sales during 2010-2013 Box is the only outer type used for packaging of products in the Russian Wine market The Wine market in the country is highly competitive and is led by players such as Slaviansky Rpk Zao and...
-
Sector Analysis
Opportunities in the Eastern Europe Wine Sector: Analysis of Opportunities Offered by High Growth Economies
The Eastern Europe wine sector was valued at US$33.7 billion in 2018 and accounts for 10.5% of the global wine market. It is expected to grow at a CAGR of 4.2% over 2018-2023 to reach US$41.4 billion by 2023. In volume terms, the region is expected to grow to grow at a CAGR of 1.9% to reach reach 3.5 billion liters in 2023, as compared to 3.2 billion liters in 2018. The still wine is the largest category in both...
-
Sector Analysis
Russia Wine – Market Assessment and Forecast to 2023
The Russian wine sector is led by the sparkling wine category in value in 2018 and the same category is expected to register the fastest value and volume growth during 2018-2023. Hypermarkets & supermarkets is the leading channel for distribution of wine in the country. Glass is the most commonly used pack material in the sector, followed by paper & board. Slaviansky Rpk Zao, Ironstone Vineyards and Bacardi Limited are the leading players in the sector. GlobalData’s Country Profile report...
-
Sector Analysis
Opportunities in the Eastern Europe Wine Sector
Eastern Europe had a value share of 9.5% in the global wine sector in 2018, representing the second smallest regional market after Middle East & Africa. The region is expected to register a value CAGR of 2.6% over the forecast period (2018-2023). Growth in the region will be driven by the rising disposable income and increasing consumption of premium wine among the young adult population. Eastern Europe registered per capita consumption of wine in 2018 at 10.9 liters, just behind...