PROSPECTS AND OPPORTUNITIES
Positive outlook to be driven by premiumisation and wellness trends
Over the forecast period, premiumisation is expected to remain a key trend significantly influencing demand for fine wines/champagne and spirits in the UK, with the category set to record a current value CAGR of 5% (2025 constant value CAGR of 3%) to reach GBP4.2 billion.
Storytelling, heritage and provenance will become increasingly attractive factors to luxury consumers
Leading companies in fine wines/champagne and spirits in the UK are poised to capitalise on premiumisation, sustainability, and innovation over the forecast period. Consumer demand for environmentally-conscious products is set to rise, compelling these companies to invest more in sustainable production methods such as organic and biodynamic viticulture and distillation.
Growing demand for premium home drinking experiences to drive retail growth
To attract and retain luxury shoppers, category players will focus on creating elevated at-home indulgence experiences. The trend of curated home drinking rituals, including DIY mixology and virtual tasting events, is expected to continue its upward trajectory.
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Overview:
Understand the latest market trends and future growth opportunities for the Fine Wines/Champagne and Spirits industry in United Kingdom 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 United Kingdom, 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 United Kingdom 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 United Kingdom?
- Which are the leading brands in Fine Wines/Champagne and Spirits in United Kingdom?
- How are products distributed in Fine Wines/Champagne and Spirits in United Kingdom?
- How important is tourism in evaluating demand for Fine Wines/Champagne and Spirits in United Kingdom?
- 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 United Kingdom - Category analysis
KEY DATA FINDINGS
Value sales driven by rising demand for artisanal and crafted options
Established brands look to stand out with innovation and limited editions
Expanding distribution and export avenues
Positive outlook to be driven by premiumisation and wellness trends
Storytelling, heritage and provenance will become increasingly attractive factors to luxury consumers
Growing demand for premium home drinking experiences to drive retail growth
Luxury Goods in the United Kingdom - Industry Overview
Luxury goods in 2025: The big picture
2025 key trends
Competitive landscape
Retail developments
What next for luxury goods?
COUNTRY REPORTS 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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