Philippines Wine Market 2024

Description

Insights reveal that the Philippines wine market is set for a healthy expansion, with an anticipated growth of USD 189.0 million, corresponding to a compound annual growth rate (CAGR) of nearly 7.4% from 2024 to 2029. In the Philippines, the wine market is experiencing growth driven by an expanding middle class and changing consumer preferences. The younger demographic, particularly in urban areas, is becoming more attuned to international consumption trends, including wine drinking. With increasing disposable income and greater exposure to global cultures, wine is being embraced as a symbol of sophistication. Furthermore, the expansion of modern retail channels and wine education platforms is facilitating access to a broader range of wine products, further driving market demand.

This report provides a thorough assessment of the Philippines wine industry, presenting key market data including historical performance, growth trends, and future outlooks. It delves into various market segments and sub-segments, with a focus on important factors like product type, pricing and packaging. Through this detailed assessment, the report helps uncover the growth potential of the wine industry.

Market Segmentation

The Philippines wine market is categorized into the following segments:
Product type: non-grape wine, sparkling wine, still wine (still red wine, still rosé wine, still white wine)
Pricing: mass, mid-priced, premium
Packaging: glass, metal, others

The wine market in Philippines is segmented across product type, pricing and packaging. In terms of product type, the market is segmented into non-grape wine, sparkling wine, and still wine (still red wine, still rosé wine, still white wine). Pricing categories include mass, mid-priced, and premium. Packaging segments encompass glass, metal, and others.

Competitive Landscape

Key players in the Philippines wine market include The Wine Group, Mompo Arsenal Trading SL, Fly Ace Corporation, Felix Solis Avantis SA, E. & J. Gallo Winery, Conrad & Co. Inc., Compania Cervecerias Unidas S.A., Bel Mondo Italia Corporation and Bacardi Limited.

This comprehensive report analyzes the performance of leading companies in the wine sector from 2019 to 2023. The findings highlight shifts in market share, revealing both established market leaders and emerging competitors.

Why Buy This Report?

Obtain precise statistical data and forecasts for the Philippines wine market.
Gain in-depth analysis and forecasts for the key segments of the Philippines wine market: product type, pricing and packaging.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Philippines wine market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Philippines 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
Philippines Wine Market – Product Type Analysis
Philippines Wine Market – Pricing Analysis
Philippines Wine Market – Packaging Analysis
Key Players and Market Share
– The Wine Group
– Mompo Arsenal Trading SL
– Fly Ace Corporation
– Felix Solis Avantis SA
– E. & J. Gallo Winery
– Conrad & Co. Inc.
– Compania Cervecerias Unidas S.A.
– Bel Mondo Italia Corporation
– Bacardi Limited
Macroeconomic Data and Forecast
Disclaimer

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

Companies Mentioned

The Wine Group
Mompo Arsenal Trading SL
Fly Ace Corporation
Felix Solis Avantis SA
E. & J. Gallo Winery
Conrad & Co. Inc.
Compania Cervecerias Unidas S.A.
Bel Mondo Italia Corporation
Bacardi Limited