Retail current sales of fine wines/champagne and spirits are set to see a CAGR of 12% (2023 constant value CAGR of 8%) to total PHP115.8 billion in 2028.
Fine wines is set to see a retail current value CAGR of 16% (2023 constant value CAGR of 13%) over 2023-2028 to total PHP11.4 billion, albeit still lagging well behind luxury spirits in retail value sales terms.
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Understand the latest market trends and future growth opportunities for the Fine Wines/Champagne and Spirits industry in Philippines with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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Fine Wines/Champagne and Spirits
This is the aggregation of fine wines and luxury spirits.
See All of Our DefinitionsThis report originates from Passport, our Fine Wines/Champagne and Spirits research and analysis database.
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