Opportunities in the Eastern Europe Spirits Sector: Analysis of Opportunities Offered by High Growth Economies
LONDON, Nov. 7, 2017 /PRNewswire/ -- Opportunities in the Eastern Europe Spirits Sector: Analysis of Opportunities Offered by High Growth Economies
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Summary
Global spirits sector is expected to grow at a CAGR of 8.7% during 2016-2021. Asia-Pacific was the largest region in the world by both value and volume. Eastern Europe stood fourth in the world by value, at 9.4% share. Due to challenging economic conditions in most countries in the region, the spirits sector in Eastern Europe is forecast to record a moderate CAGR of 1.8% during 2016-2021.
Among various countries in the region, Russia held the maximum value share of 61.2% and is forecast to grow at a moderate CAGR during 2016-2021. Vodka was the largest market in the Eastern Europe spirits sector and is expected to reach US$28,400+ Million in 2021.
Russia held 61.2% of the sector in 2016, and is projected to register a CAGR of 1.4% during 2016-2021. In sync with the regional trend, Vodka is the leading market in the Russian spirits sector, with a market share of 52.0% in 2016, followed by specialty spirits. Following Russia, Poland and Romania led with 9.3% and 7.1% shares respectively, in 2016.
Hypermarkets & supermarkets was the leading channel for spirits in the Eastern Europe with a volume share of 35% in 2016, followed by food & drinks specialists. Among the high potential countries, hypermarkets & supermarkets was the leading distribution channel in Ukraine, with 41.9%, and Romania, with a 40.6% share of total volume sales in 2016.
Glass was the most commonly used package material, accounting for a 99.2% share in 2016. The use of flexible packaging is expected to reach the fastest growth rate, at a CAGR of 3.2% during 2011-2021.
The report "Opportunities in the Eastern Europe Spirits Sector", brings together multiple data sources to provide a comprehensive overview of the Eastern Europe Spirits sector.
In particular, this report provides the following -
- Market overview: Includes sector size, market size and growth analysis by markets.
- Change in consumption: Provides a shift in the consumption of Spirits by markets across different countries in the Eastern Europe region.
- High potential countries: Provides Risk-Reward analysis of 9 countries across the Eastern Europe region based on market assessment, economic development, socio-demographic, governance indicators, and technological infrastructure. Out of nine, a total of four high potential countries are shortlisted.
- Brand Analysis: Provides an overview of leading brands in the Eastern Europe region, besides analyzing the growth of private labels in the region.
- Key distribution channels: Provides analysis on the leading distribution channels in the Eastern Europe Spirits sector in 2016. It covers five distribution channels - Hypermarkets & Supermarkets, Convenience Stores, Food & Drinks Specialists, eRetailers, Cash & Carries & Warehouse Clubs, On-trade and Others that include - "Dollar Stores", Variety Stores & General Merchandise Retailers and Other retailers.
- Preferred packaging formats: The report provides percentage share (in 2016) and growth analysis (during 2011-2021) for various package materials, container, pack, and primary outer types based on the volume sales (by pack units) of Spirits.
Companies mentioned in this report: Stock Spirits Group, Roust Corp, Pernord Ricard SA, Olimp Company Prime, Llc, Nemiroff, Khortytsa Distillery, Jsc Synergy, Diago Plc, UK, CEDC International Sp. Z oo, Bayadera Group
Scope
This report brings together multiple data sources to provide a comprehensive overview of the Eastern Europe Spirits sector.
It includes analysis on the following -
- Sector overview: Provides overview of the sector size, value and volume growth analysis, across regions
- Change in consumption: Analysis on the shift in consumption of Spirits by markets across the key countries in the Asia-Pacific region.
- High potential countries: Provides Risk-Reward analysis of top 4 high potential countries in the Asia-Pacific region based on market assessment, economic development, socio-demographic, governance indicators, and technological infrastructure
- Country analysis: Provides deep-dive analysis of 4 high potential countries covering value growth during 2016-2021, key challenges, consumer demographics, and key trends supported with product examples. It also includes analysis of the key challenges faced and future outlook for the region.
- Brand analysis: Provides an overview of leading brands in the Asia-Pacific region, besides analyzing the growth of Private Label products in the region.
- Key distribution channels: Provides analysis on the leading distribution channels for Spirits across the key countries in the Asia-Pacific region, in 2016. It covers these distribution channels - hypermarkets & supermarkets, convenience stores, food & drinks specialists, dollar stores, which include variety stores & general merchandisers and others, which includes cash & carries & warehouse clubs and others.
- Preferred packaging formats: The report provides percentage share (in 2016) and growth analysis (during 2011-2021) for various packaging materials, container, closure, and outer types based on the volume sales (units) of Spirits.
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 brands in the sector in the region with information about their market share and growth rates
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