PROSPECTS AND OPPORTUNITIES
Premiumisation and wellness trends to drive future growth
Over the forecast period, fine wines/champagne and spirits is projected to record a 4% current value CAGR, indicating a resilient and growing market despite various challenges. Fine wines in France is poised to adapt to evolving consumer preferences, with premiumisation continuing to be a key driver.
Luxury producers focus on heritage and sustainable innovation
Leading players in fine wines/champagne and spirits are likely to place a significant emphasis on blending tradition and innovation in the coming years. Given the mature state of fine wines and the continued premium positioning of champagne, producers will focus on enhancing the storytelling around their heritage.
Younger generations to help drive retail growth of premium drinks
The shift towards home consumption of fine wines/champagne and spirits in France is expected to continue gathering momentum over the forecast period. This trend will primarily be driven by evolving lifestyle preferences and a growing desire for convenience among local consumers.
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Overview:
Understand the latest market trends and future growth opportunities for the Fine Wines/Champagne and Spirits industry in France with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Fine Wines/Champagne and Spirits industry in France, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Fine Wines/Champagne and Spirits in France report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Fine Wines/Champagne and Spirits in France?
- Which are the leading brands in Fine Wines/Champagne and Spirits in France?
- How are products distributed in Fine Wines/Champagne and Spirits in France?
- How important is tourism in evaluating demand for Fine Wines/Champagne and Spirits in France?
- How is the rise of e-commerce changing the retail and competitive landscape?
- How has COVID-19 and global recession impacted demand for luxury goods? What are the opportunities amidst the adversity?
- Where is future growth expected to be most dynamic?
Fine Wines/Champagne and Spirits in France - Category analysis
KEY DATA FINDINGS
Affluent consumers drive premiumisation in fine wines/champagne and spirits
Greater focus on innovation and sustainability
Digitalisation increasingly adopted by luxury brands
Premiumisation and wellness trends to drive future growth
Luxury producers focus on heritage and sustainable innovation
Younger generations to help drive retail growth of premium drinks
Luxury Goods in France - Industry Overview
Luxury goods in 2025: The big picture
2025 key trends
Competitive landscape
Retail developments
What next for luxury goods?
DISCLAIMER
The following categories and subcategories are included:
Fine Wines/Champagne and Spirits
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- Fine Champagne
- Other Fine Wine
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- Luxury Brandy and Cognac
- Luxury Whiskies
- Other Luxury Spirits
Fine Wines/Champagne and Spirits
This is the aggregation of fine wines and luxury spirits.
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Fine Wines/Champagne and Spirits research and analysis database.
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