Wine - Hong Kong

  • Hong Kong
  • Revenue in the Wine segment amounts to US$660.70m in 2023. The market is expected to grow annually by 6.42% (CAGR 2023-2027).
  • In global comparison, most revenue is generated in the United States (US$56,650.00m in 2023).
  • In relation to total population figures, per person revenues of US$86.32 are generated in 2023.
  • By 2027, 59% of spending and 27% of volume consumption in the Wine segment will be attributable to out-of-home consumption (e.g., in bars and restaurants).
  • In the Wine segment, volume is expected to amount to 35.73m L by 2027. The market for Wine segment is expected to show a volume growth of 3.0% in 2024.
  • The average volume per person in the Wine segment is expected to amount to 4.17L in 2023.
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