United Arab Emirates Spirits – Market Assessment and Forecast to 2023 : ResearchByMarkets.com

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United Arab Emirates Spirits – Market Assessment and Forecast to 2023

Summary

The UAE spirits sector is led by whiskey category in both value and volume terms in 2018. However whiskey and rum categories are expected to register the fastest value and volume growth respectively during 2018-2023. On-trade transactions accounted for the leading share in the distribution of spirits in the UAE. Glass is the only pack material used. Pernod Ricard SA, Diageo plc and LVMH Moet Hennessy – Louis Vuitton are the leading players in the sector.

Country Profile report on the spirits sector in the UAE provides insights on high growth categories to target, trends in the usage of package materials, category level distribution channel data and market share of brands.

Scope

– The per capita consumption of spirits in the UAE was higher compared to regional level, but lower compared to the global level in 2018
– The UAE consumers prefer non-premium products in the spirits sector
– The whiskey category is expected to gain market share in value terms during 2018-2023
– The whiskey category is expected to gain market share in volume terms during 2018-2023
– Per capita consumption of whiskey was higher compared to other spirits categories in the UAE
– Glass is the only pack material in the UAE spirits sector
– Consumption of spirits is higher among men compared to women in the UAE

Reasons to buy

– Identify high potential categories and explore further market opportunities based on detailed value and volume analysis
– Existing and new players can analyze key distribution channels to identify and evaluate trends and opportunities
– Gain an understanding of the total competitive landscape based on detailed brand share analysis to plan effective market positioning
– Our team of analysts have placed a significant emphasis on changes expected in the market that will provide a clear picture of the opportunities that can be tapped over the next five years, resulting in revenue expansion
– The packaging analysis report helps manufacturers, in identifying the most commonly used packaging materials in the sector
– Analysis on key macro-economic indicators such as real GDP, nominal GDP, consumer price index, household consumption expenditure, population (by age group, gender, rurral-urban split, and employed people and unemployment rate. It also includes economic summary of the country along with labor market and demographic trends.

Companies Mentioned:
Pernod Ricard SA
Diageo plc
LVMH Moet Hennessy – Louis Vuitton
Brown-Forman Corporation
Emperador Distillers Inc.
William Grant & Sons Ltd.
Spi Group


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Ritesh Tiwari is the Founder of Research By Markets, a leading Market Research Reports Reseller trusted by Fortune listed companies for their requirements of Syndicated and Custom Market Research Reports. Ritesh has an overall experience of 18+ years in Recruitments, Sales and Operations. He has been associated with the Market Research industry for the past 7 years. He is an avid foodie as well as a huge football fan being a supporter of Manchester United (EPL) and FC Barcelona (La Liga). Get in touch with him via ritesh@researchbymarkets.com. *Market Research News is a part of Research By Markets.