IWSR CEO: China still sets to become second biggest wine market
The “real brights spots” driving China’s wine market growth pre-Covid will return once the market normalizes, says IWSR CEO.
Tag: IWSR
IWSR: global drinks industry not expected to rebound until 2024
A new IWSR report predicts that it will take five years for the global drinks industry to rebound to pre-crisis level because of the ongoing coronavirus pandemic.
IWSR: E-commerce for beverage sales will ‘significantly outpace’ traditional trade
E-commerce will significantly surpass sales of global travel retail over the next five years, according to a new report byContinue Reading
Global alcohol consumption drops by 1.6% in 2018
Global alcohol consumption declined by 1.6% to 27.6 billion nine-litre cases of alcohol in 2018, according to IWSR, but itContinue Reading
IWSR: Premium wine sales in Hong Kong exceed 50%
Premium wine sales in Hong Kong account for more than 50% of total wine sales, making it a global powerhouse for premium wine market, according to IWSR.