China Wine Market Size by Categories, Distribution Channel, Market Share and Forecast, 2021-2026
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China Wine Market Report Overview
China wine market size was $42 billion in 2021. The market is expected to grow at a CAGR of more than 11% during the forecast period. China wine market research report on the wine sector in China provides insights on high growth markets to target, trends in the usage of packaging materials, types and closures category level distribution data and companies market shares.
China Wine Market Outlook 2021-2026 ($ Billion)
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Market size 2021 | $42 billion |
CAGR % | >11% |
Forecast period | 2021-2026 |
Key cities | Chongqing, Shanghai, Beijing, Tianjin, Chengdu, Guangzhou, Baoding, Shenzhen, Shijiazhuang, and Linyi. |
Key categories | Fortified Wine, Sparkling Wine, and Still Wine |
Key distribution channels | Hypermarkets & Supermarkets, On Trade, E-retailers, and Food & Drinks Specialist |
Key pack materials | Rigid Plastics, Paper & Board, and Glass |
Key companies | Yantai Changyu Pioneer Wine Co Ltd, Dynasty Fine Wines Group Limited, Tonghuagrapewineco.., Ltd, Yantai Weilong Grape Wine Co., Ltd, and Yunnan Shangri-La Winery Co Ltd |
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China Wine Market Segmentation by Cities
The key cities in the China wine market are Chongqing, Shanghai, Beijing, Tianjin, Chengdu, Guangzhou, Baoding, Shenzhen, Shijiazhuang, and Linyi. In 2021, Chongqing emerged as the largest wine market in China.
China Wine Market Analysis by Cities, 2021 (%)
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China Wine Market Segmentation by Categories
The key categories in the China wine market are sparkling wine, and still wine. Still wine led the China wine sector in terms of per capita consumption in 2021.
China Wine Market Analysis by Category, 2021 (%)
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China Wine Market Segmentation by Distribution Channels
The key distribution channels in the China wine market are hypermarkets & supermarkets, on trade, e-retailers, and food & drinks specialists. On trade was the leading distribution channel in the China wine sector in 2021.
China Wine Market Analysis by Distribution Channel, 2021 (%)
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China Wine Market Segmentation by Packing Materials
The key packing materials in the China wine market are glass, paper & board, and rigid plastics. Glass accounted for the highest share in the China wine market in 2021.
China Wine Market by Packing Materials, 2021 (%)
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China Wine Market – Competitive Landscape
The key competitors in the China wine market are Yantai Changyu Pioneer Wine Co Ltd, Dynasty Fine Wines Group Limited, Tonghuagrapewineco.., Ltd, Yantai Weilong Grape Wine Co., Ltd, and Yunnan Shangri-La Winery Co Ltd. In 2021, Yantai Changyu Pioneer Wine Co Ltd was the leading company.
China Wine Market Analysis by Competitors, 2021 (%)
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Scope
- The per capita expenditure of wine in China were higher than regional levels in 2021.
- The per capita consumption of still wine was higher than sparkling wine and fortified wine categories in China, in 2021
- On-trade was the leading distribution channel in the Chinese wine sector
- Glass is the most used pack material in the Chinese wine sector, followed by paper & board and rigid plastics.
- Consumption of still wine is higher than sparkling wine across leading cities in China.
- “Older young adults” represent the largest subset of the wine sector in China.
Reasons to Buy
- Identify high potential categories and explore further market opportunities based on detailed value and volume analysis
- Existing and new players can analyze key distribution channels to identify and evaluate trends and opportunities
- Gain an understanding of the total competitive landscape based on detailed company share analysis to plan effective market positioning
- Our team of analysts have placed a significant emphasis on changes expected in the market that will provide a clear picture of the opportunities that can be tapped over the next five years, resulting in revenue expansion
- The packaging analysis report helps manufacturers, in identifying the most commonly used packaging materials in the sector
- Analysis on key macro-economic indicators such as real GDP, nominal GDP, consumer price index, household consumption expenditure, population (by age group, gender, rural-urban split, and employed people and unemployment rate. It also includes economic summary of the country along with labor market and demographic trends.
,Dynasty Fine Wines Group Limited
Tonghuagrapewineco.Ltd
Yantai Weilong Grape Wine Co. Ltd.
Yunnan Shangri-La Winery Co Ltd
Table of Contents
Frequently asked questions
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What was the China wine market size in the year 2021?
The China wine market was valued at $42 billion in 2021.
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What was the China wine market growth rate?
The wine market in China is projected to grow at a CAGR of more than 11% during the forecast period.
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Which are the key cities in the China wine market?
The key cities in the wine market in China are Chongqing, Shanghai, Beijing, Tianjin, Chengdu, Guangzhou, Baoding, Shenzhen, Shijiazhuang, and Linyi.
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Which are the key categories in the China wine market?
The key categories in the wine market in China are fortified wine, sparkling wine, and still wine.
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Which are the key distribution channels in the China wine market?
The key distribution channels in the wine market in China are hypermarkets & supermarkets, on trade, e-retailers, and food & drinks specialists.
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Which are the key packing materials in the China wine market?
The key packing materials in the wine market in China are glass, paper & board, rigid plastics
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Which are the key competitors in the China wine market?
The key competitors in the wine market in China are Yantai Changyu Pioneer Wine Co Ltd, Dynasty Fine Wines Group Limited, Tonghuagrapewineco.., Ltd, Yantai Weilong Grape Wine Co., Ltd, and Yunnan Shangri-La Winery Co Ltd
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