Opportunities in the Eastern Europe Spirits Sector
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The Eastern Europe spirits market size was valued at $63.45 billion in 2021. The market is projected to grow at a CAGR of more than 4% during the forecast period. Eastern Europe was the fourth-largest region for spirits. Among all the categories in the sector, vodka accounted for the largest value share. Based on the relative performance of countries on multiple metrics, Poland, the Czech Republic, Latvia, and Hungary were shortlisted as high-potential countries due to their large spirits market sizes, projected high value growth rates, and rising per capita value growth levels.
The Eastern Europe spirits market research report brings together multiple data sources to provide a comprehensive overview of the Eastern Europe spirits sector, analyzing data from 20 countries in the region.
Eastern Europe Spirits Market Overview
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What is the country-wise outlook of the Eastern Europe spirits market?
Poland, the Czech Republic, Latvia, and Hungary were shortlisted as high-potential countries, primarily due to their large spirits sector sizes, projected high value growth rates, and projected rising per capita value levels. Among them, Poland was the largest market in terms of both value and volume in 2021.
What are the key categories in the Eastern Europe spirits market?
The key categories in the Eastern Europe spirits market are vodka, brandy, gin and genever, specialty spirits, whiskey, tequila and mezcal, liqueurs, rum, and flavored alcoholic beverages. In 2021, the vodka category accounted for the largest value share, followed by brandy and specialty spirits. The rum category is expected to register the fastest value and volume CAGRs in the forecast period.
Eastern Europe spirits market, by categories
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What are the key distribution channels in the Eastern Europe spirits market?
The key distribution channels in the Eastern Europe spirits market are hypermarkets and supermarkets, food and drinks specialists, convenience stores, cash and carries and warehouse clubs, and on-trade. Hypermarkets and supermarkets was the leading distribution channel in the Eastern Europe Spirits sector in 2021.
Eastern Europe spirits market, by distribution channels
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What are the key packaging materials in the Eastern Europe spirits market?
The key packaging materials in the Eastern Europe spirits market are glass and rigid metal. Glass was the most widely used pack material.
Eastern Europe spirits market, by packaging materials
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Which are the key companies in the Eastern Europe spirits market?
Some of the key companies in the Eastern Europe spirits market are CEDC International Sp. z o.o., Global Spirits s.r.o., Stock Spirits Group PLC, Beluga Group, and Bayadera Group. CEDC International Sp. z o.o. led the spirits sector in Eastern Europe in 2020.
Eastern Europe spirits market, by key companies
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Market report scope
Market size (Year – 2021) | $63.45 billion |
Growth rate | CAGR of >4% |
Forecast period | 2021-2026 |
Key categories | Vodka, Brandy, Gin and Genever, Specialty Spirits, Whiskey, Tequila and Mezcal, Liqueurs, Rum, and Flavored Alcoholic Beverages |
Key distribution channels | Hypermarkets And Supermarkets, Food and Drinks Specialists, Convenience Stores, Cash and Carries and Warehouse Clubs, and On-Trade |
Key packaging materials | Glass and Rigid Metal |
Key companies | CEDC International Sp. z o.o., Global Spirits s.r.o., Stock Spirits Group PLC, Beluga Group, and Bayadera Group |
This report provides:
- Sector size, market size, and growth analysis by category.
- Indicates changing share of value consumption of various spirits by category across high-potential countries in the Eastern European region. It also provides risk-reward analysis of four countries across the Eastern European region based on market assessment, economic development, sociodemographic trends, governance indicators, and technological infrastructure.
- Overview, demographic analysis, and key trends across high-potential countries.
- Some of the most compelling spirits manufacturers, brands, products, and marketing campaigns in the Eastern Europe region. It also provides a better understanding of how a certain manufacturer achieved success in the sector and insights.
- Provides an overview of leading companies in the Eastern Europe region, besides analyzing the growth of private labels in the region.
- Analysis on the leading distribution channels in the Eastern Europe Spirits sector in 2021. It covers seven retail distribution channels, namely hypermarkets and supermarkets, food and drinks specialists, convenience stores, “Dollar stores”, variety stores and general merchandise retailers, e-retailers, cash and carries and warehouse clubs, and department stores, and other retailers.
- Percentage share and growth analysis for various pack materials, pack types, closure, and primary outer types based on the volume sales (by pack units) of spirits.
- The challenges and future outlook pertaining to the Eastern Europe Spirits sector.
Reasons to Buy
- Manufacturing and retailers seek latest information on how the market is evolving to formulate their sales and marketing strategies. There is also demand for authentic market data with a high level of detail.
- This report has been created to provide its readers with up-to-date information and analysis to uncover emerging opportunities of growth within the sector in the region.
- The report provides a detailed analysis of the countries in the region, covering the key challenges, competitive landscape and demographic analysis, that can help companies gain insight into the country-specific nuances.
- The analysts have also placed a significant emphasis on the key trends that drive consumer choice and the future opportunities that can be explored in the region than can help companies in revenue expansion.
- To gain competitive intelligence about leading companies in the sector in the region with information about their market share and growth rates.
Global Spirits s.r.o.
Stock Spirits Group PLC
Beluga Group
Bayadera Group
White Feather International Sp. z o.o
Marussia Beverages B.V.
Alexandrion Group
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Frequently asked questions
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What was the Eastern Europe spirits market size in 2021?
The spirits market size in Eastern Europe was valued at $63.45 billion in 2021.
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What is the Eastern Europe spirits market growth rate?
The spirits market in Eastern Europe is projected to grow at a CAGR of more than 4% during the forecast period.
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What are the key categories in the Eastern Europe spirits market?
The key categories in the Eastern Europe spirits market are vodka, brandy, gin and genever, specialty spirits, whiskey, tequila and mezcal, liqueurs, rum, and flavored alcoholic beverages.
-
What are the key distribution channels in the Eastern Europe spirits market?
The key distribution channels in the Eastern Europe spirits market are hypermarkets and supermarkets, food and drinks specialists, convenience stores, cash and carries and warehouse clubs, and on-trade.
-
What are the key packaging materials in the Eastern Europe spirits market?
The key packaging materials in the Eastern Europe spirits market are glass and rigid metal.
-
Which are the key companies in the Eastern Europe spirits market?
Some of the key companies in the Eastern Europe spirits market are CEDC International Sp. z o.o., Global Spirits s.r.o., Stock Spirits Group PLC, Beluga Group, and Bayadera Group.
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