China Wine Market 2024

Description

The China wine market is expected to realize a modest increase of USD 2.9 billion, demonstrating a CAGR of about 1.6% during the forecast period from 2024 to 2029. China continues to be a powerhouse in the global wine market, driven by rising middle-class incomes and a growing interest in premium wines, particularly in urban areas. The preference for red wine, along with an expanding wine culture, is driving the market’s growth. Wine education and increasing wine-related tourism are also contributing to the market’s dynamism.

The report delivers an in-depth analysis of the China wine industry, offering extensive market data such as historical market size, growth trajectories, and forward-looking projections. It thoroughly examines key market categories and subcategories, emphasizing critical elements like product type, pricing, packaging and distribution channel. By offering this detailed analysis, the report assists in uncovering the untapped potential of the wine market.

Market Segmentation

The following outlines the segmentation of the China wine market:
Product type: non-grape wine, sparkling wine (champagne, others), still wine (still red wine, still rosé wine, still white wine), non-alcoholic wine
Pricing: mass, mid-priced, premium
Packaging: glass, metal, others
Distribution channel: supermarkets and hypermarkets, food and drinks stores, grocery stores, bars and HoReCa, e-commerce, others

The segmentation of the China wine market product type, pricing, packaging and distribution channel. By product type, the market is categorized into non-grape wine, sparkling wine (champagne, others), still wine (still red wine, still rosé wine, still white wine), and non-alcoholic wine. Pricing segments encompass mass, mid-priced, and premium. Packaging segments are categorized into glass, metal, and others. Distribution channel segmentation includes supermarkets and hypermarkets, food and drinks stores, grocery stores, bars and HoReCa, e-commerce, and others.

Competitive Landscape

The wine market is characterized by dominance from key players such as Zhejiang Pagoda Brand Shaoxing Rice Wine Co. Ltd., Yantai Weilong Grape Wine Co. Ltd., Yantai Pengzhu Winery Co. Ltd., Yantai Changyu Group Company Limited, Vina Concha Y Toro S.A., Treasury Wine Estates Limited, ShangHai JinFeng Wine Co. Ltd., Pernod Ricard Group, New Silkroad Culturaltainment Limited, Kuaijishan Shaoxing Rice Wine Co. Ltd., Jiangsu Zhangjiagang Brewing Co. Ltd., Felix Solis Avantis SA, Dynasty Fine Wines Group Ltd., China Tontine Wines Group Limited, China Shaoxing Yellow Rice Wine Group Co. Ltd., China National Cereals Oils and Foodstuffs Import and Export Corporation (COFCO), Castel Group and Bright Food (Group) Co. Ltd.

This report delivers an in-depth examination of leading companies in the wine sector, analyzing their performance from 2019 to 2023. The results indicate changes in market share, emphasizing both established leaders and new entrants.

Why Buy This Report?

Obtain precise statistical data and forecasts for the China wine market.
Gain in-depth analysis and forecasts for the key segments of the China wine market: product type, pricing, packaging and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the China wine market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the China wine market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
A single unlimited user license within the same organization, with no additional charges for extra users.

Table of Contents

TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
China Wine Market – Product Type Analysis
China Wine Market – Pricing Analysis
China Wine Market – Packaging Analysis
China Wine Market – Distribution Channel Analysis
Key Players and Market Share
– Zhejiang Pagoda Brand Shaoxing Rice Wine Co., Ltd.
– Yantai Weilong Grape Wine Co., Ltd.
– Yantai Pengzhu Winery Co., Ltd.
– Yantai Changyu Group Company Limited
– Vina Concha Y Toro S.A.
– Treasury Wine Estates Limited
– ShangHai JinFeng Wine Co., Ltd.
– Pernod Ricard Group
– New Silkroad Culturaltainment Limited
…
Macroeconomic Data and Forecast
Disclaimer

FIGURES AND TABLES
Table China Wine Market 2019-2029
Chart China Wine Market, Net Growth, 2019-2029
Chart China Wine Market, Growth Rates, 2019-2029
Table China Wine Market by Product Type, 2019-2029
Chart China Wine Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart China Wine Market by Product Type, 2019-2029
Table China Wine Market by Pricing, 2019-2029
Chart China Wine Market by Pricing, CAGR Historic and Forecast, 2019-2029
Chart China Wine Market by Pricing, 2019-2029
Table China Wine Market by Packaging, 2019-2029
Chart China Wine Market by Packaging, CAGR Historic and Forecast, 2019-2029
Chart China Wine Market by Packaging, 2019-2029
Table China Wine Market by Distribution Channel, 2019-2029
Chart China Wine Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart China Wine Market by Distribution Channel, 2019-2029
Table China Wine Market Share (%), by Companies, 2019-2023
Chart China Wine Market, by Companies, 2023
Table China Wine Market Share (%), by Brands, 2019-2023
Chart China Wine Market, by Brands, 2023
Table China – Population (Millions) and Forecast
Table China – Consumer Price Index (CPI) and Forecast
Table China – Gross Domestic Product and Forecast
Table China Wine Market: Spend as a Proportion of GDP (%)
Table China Wine Market: Consumption per Capita (Population)

Companies Mentioned

Zhejiang Pagoda Brand Shaoxing Rice Wine Co., Ltd.
Yantai Weilong Grape Wine Co., Ltd.
Yantai Pengzhu Winery Co., Ltd.
Yantai Changyu Group Company Limited
Vina Concha Y Toro S.A.
Treasury Wine Estates Limited
ShangHai JinFeng Wine Co., Ltd.
Pernod Ricard Group
New Silkroad Culturaltainment Limited
Kuaijishan Shaoxing Rice Wine Co., Ltd.
Jiangsu Zhangjiagang Brewing Co., Ltd.
Felix Solis Avantis SA
Dynasty Fine Wines Group Ltd.
China Tontine Wines Group Limited
China Shaoxing Yellow Rice Wine Group Co., Ltd.
China National Cereals, Oils and Foodstuffs Import and Export Corporation (COFCO)
Castel Group
Bright Food (Group) Co., Ltd.