PROSPECTS AND OPPORTUNITIES
Changing drinking habits and an increase tourism set to be key growth drivers
Fine wines/champagne and spirits is projected to register positive growth over the forecast period in value and volume terms. Manufacturers see great potential for further growth in demand due to changes in consumer purchasing and drinking habits.
Commitment to increase champagne consumption
The consumption of champagne is still considered to be below other countries in the region such as Belgium, however manufacturers are committed to promoting the drink in the Netherlands in the coming years as they look to win new consumers. Leading champagne players such as Moët & Chandon are looking to respond to changes in the consumption habits of the Dutch with new generations more open to endorsing luxury and high quality alcoholic drinks.
E-commerce expected to make further inroads as consumers look for the best value
The distribution of fine wines/champagne and spirits is expected to continue shifting towards e-commerce over the forecast period which is likely to put further pressure on specialist stores over the forecast period. The Dutch are highly price sensitive and are often willing to look across different channels in order to find the best deals and discounts.
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Overview:
Understand the latest market trends and future growth opportunities for the Fine Wines/Champagne and Spirits industry in Netherlands 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 Netherlands, 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 Netherlands 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 Netherlands?
- Which are the leading brands in Fine Wines/Champagne and Spirits in Netherlands?
- How are products distributed in Fine Wines/Champagne and Spirits in Netherlands?
- How important is tourism in evaluating demand for Fine Wines/Champagne and Spirits in Netherlands?
- 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 the Netherlands - Category analysis
KEY DATA FINDINGS
Sales benefiting from increasing consumer sophistication
Premiumisation trend takes root in alcohol drinks
Luxury spirits seeing growing appeal among younger consumers
Changing drinking habits and an increase tourism set to be key growth drivers
Commitment to increase champagne consumption
E-commerce expected to make further inroads as consumers look for the best value
Luxury Goods in the Netherlands - Industry Overview
Luxury goods in 2024: The big picture
2024 key trends
Competitive landscape
Retailing 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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