LONDON--(BUSINESS WIRE)-- Three BRIC countries are expected to be the runner-ups after the United States in terms of absolute value growth in luxury alcohol, with India and China predicted to record the highest CAGRs during 2012-2017.
Due to an increase of disposable incomes and alcohol consumption, the sales of luxury alcohol are on the rise in the BRIC nations. But while the developed countries have similar consumption drivers, this is not the case in the BRICs. Admitting cultural diversities and advancing in local knowledge will be crucial for the successful navigation through these markets.
New market research report “Luxury Alcohol in the BRICs: How the BRICs Are Reshaping the Luxury Alcohol Industry” developed by Euromonitor International offers true and unbiased insights into the BRIC luxury goods industry, with a special focus on luxury alcohol.
Featuring the size and shape of the luxury goods industry in the BRIC countries, the report highlights buzz topics, emerging trends as well as pressing industry issues, their effects on luxury goods retailing in markets all over the world and on the development of consumers’ shopping patterns. Additionally, five-year forecasts illustrating the market’s future development and criteria for success are also discussed in the study.
Data covered include: market sizes (historical and forecast), company shares, brand shares and distribution data.
Title: Luxury Alcohol in the BRICs: How the BRICs Are Reshaping the Luxury Alcohol Industry
Published: September, 2012
Price: US$ 2,000.00
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Source: The Market Publishers, Ltd.