Asia-Pacific Wine Market, By Type (Still Wines, Sparkling Wines, Fortified Wines, Others), Colour (Red Wine, White Wine, Rose Wine, Others), Product Type (Unflavoured, Flavoured), Packaging (Bottles, Can, Others), Body Type (Full-Bodied, Light-Bodied, Medium-Bodied), Distribution Channel (Off Trade, On Trade), Country (Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific)-Industry Trends and Forecast to 2028.
The Asia-Pacific wine market is expected to witness market growth at a rate of 8.5% in the forecast period of 2021 to 2028. Data Bridge Market Research report on Asia-Pacific wine market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market's growth. The rise in the habit of consuming liquor is escalating the growth of Asia-Pacific wine market.
Wine is alcoholic drink derived from fermented grapes by the process of fermentation where yeast and sugar combines and forms alcohol and carbon dioxide. The process of fermentation with an availability of sugar and yeast gives around 15.0% of alcohol. Three of the major types of wine are available in the market and they are table, sparkling wine and fortified wine.
Major factors that are expected to boost the growth of the Asia-Pacific wine market in the forecast period are the several medicinal properties provided by wine such as, it relieves symptoms associated with depression, pain, and stress. Furthermore, it health benefits, taste and refreshing properties which is further anticipated to propel the growth of the Asia-Pacific wine market. On the other hand, the high cost of the wine and the myths associated with it is further projected to impede the growth of the Asia-Pacific wine market in the timeline period.
In addition, the increase innovation in terms of flavor, color and packaging customizations will further provide potential opportunities for the growth of the Asia-Pacific wine market in the coming years. However, complex regulatory structure such as high tax and advertising restrictions might further challenge the growth of the Asia-Pacific wine market in the near future.
This Asia-Pacific wine market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Asia-Pacific wine market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Asia-Pacific Wine Market Scope and Market Size
The Asia-Pacific wine market is segmented on the basis of type, color, product type, packaging, body type and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the Asia-Pacific wine market is segmented into still wines, sparkling wines, fortified wines and others.
- On the basis of color, the Asia-Pacific wine market is segmented into red wine, white wine, rose wine and others.
- On the basis of product type, the Asia-Pacific wine market is segmented into unflavored and flavored.
- On the basis of packaging, the Asia-Pacific market is bifurcated into bottles, can and others.
- On the basis of body type, the Asia-Pacific wine market is segmented into full-bodied, light-bodied and medium-bodied.
- On the basis of distribution channel, the Asia-Pacific wine market is segmented into off trade and on trade.
Asia-Pacific Wine Market Country Level Analysis
The Asia-Pacific wine market is analyses and market size, volume information is provided by type, color, product type, packaging, body type and distribution channel as referenced above.
The countries covered in the Asia-Pacific wine market report are Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC).
South Korea dominate the Asia-Pacific wine market due to the large wine sector size. Furthermore, rise in the per capita value will further boost the growth of the Asia-Pacific wine market during the forecast period.
The country section of the Asia-Pacific wine market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of Europe brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Asia-Pacific Wine Market Share Analysis
The Asia-Pacific wine market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Europe presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Middle East-Africa wine market.
The major players covered in the Asia-Pacific wine market report are Accolade Wines, The Wine Group, Davide Campari-Milano N.V.., E. & J. Gallo Winery, Constellation Brands, Inc., John Distilleries, India, Castel, Compagnia del Vino, AMVYX, BACARDI, Pernod Ricard, TREASURY WINE ESTATES, Caviro, Miguel Torres S. A., Concha y Toro, Sula Vineyards., Chapel Down among other. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.