The global spirits sector was valued at $783,457.1 million in 2021 and is forecast to record a CAGR of 6.5% during 2021-2026, to reach $1,073,042.9 million in 2026. Eastern Europe was the fourth-largest region for spirits, valued at $63,446.8 in 2021 and is forecast to record a CAGR of 4.5% during 2021-2026. In volume terms, Eastern Europe recorded a share of 8.1% in the global spirits sector in 2021. Among all the categories in the sector, vodka accounted for the largest value share (44.6%) in the region.
This report brings together multiple data sources to provide a comprehensive overview of the Eastern Europe spirits sector, analyzing data from 20 countries in the region.
Eastern European spirits sector is forecast to post lowest value and volume growth rates during 2021-2026
Scope
This report brings together multiple data sources to provide a comprehensive overview of the Eastern European spirits sector, analyzing data from 20 countries in the region. It includes analysis on the following -
- Market environment: Includes sector size, market size, and growth analysis by category.
- High-potential countries' analysis: Indicates changing share of value consumption of various spirits by category across high-potential countries in the Eastern European region. It also provides risk-reward analysis of four countries across the Eastern European region based on market assessment, economic development, sociodemographic trends, governance indicators, and technological infrastructure.
- Country deep dive: Provides the overview, demographic analysis, and key trends across high-potential countries.
- Success stories: Provides some of the most compelling spirits manufacturers, brands, products, and marketing campaigns in the Eastern European region. It also provides a better understanding of how certain manufacturers achieved success in the sector and insights.
- Competitive environment: Provides an overview of leading companies in the Eastern European region, besides analyzing the growth of private labels in the region.
- Distribution analysis: Provides analysis on the leading distribution channels in the Eastern European spirits sector in 2021. It covers seven retail distribution channels: hypermarkets & supermarkets, food & drinks specialists, convenience stores, "Dollar stores", variety stores & general merchandise retailers, e-retailers, cash & carries and warehouse clubs, department stores, and others which includes, and other retailers.
- Packaging analysis*: The report provides percentage share (in 2021) and growth analysis (during 2016-2026) for various pack materials, pack types, closures, and primary outer types based on volume sales (by pack units) of spirits.
- Challenges and future outlook: Provides the challenges and outlook pertaining to the Eastern European spirits sector.
Reasons to Buy
- Manufacturing and retailers seek latest information on how the market is evolving to formulate their sales and marketing strategies. There is also demand for authentic market data with a high level of detail.
- This report has been created to provide its readers with up-to-date information and analysis to uncover emerging opportunities of growth within the sector in the region.
- The report provides a detailed analysis of the countries in the region, covering the key challenges, competitive landscape and demographic analysis , that can help companies gain insight into the country specific nuances
- The analysts have also placed a significant emphasis on the key trends that drive consumer choice and the future opportunities that can be explored in the region, than can help companies in revenue expansion
- To gain competitive intelligence about leading companies in the sector in the region with information about their market share and growth rates