Asia Pacific Sparkling Wine Market Key Players and Opportunities by 2028

Historic Data: 2019-2020 | Base Year: 2021 | Forecast Period: 2022-2028

Asia Pacific Sparkling Wine Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (White, Red, and Rose), Packaging Type (Bottles and Cans), and Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, and Others)

Report Date : Oct 2021
Report Code : TIPRE00025090

Category : Food and Beverages
Status : Published

Available Report Formats :
No. of Pages : 109

Page Updated: Oct 2021

Analysis Strategic Insights Market Drivers Regional Insights Report Scope Recent Developments FAQs

The sparkling wine market in APAC is expected to grow from US$ 5,970.39 million in 2021 to US$ 8,638.35 million by 2028; it is estimated to grow at a CAGR of 5.4% from 2021 to 2028.

Australia, China, India, Japan, South Korea are major economies in APAC. The increasing practice of consuming vintage wine on special occasions and surge in the acceptance of wine are the key factors supporting the expansion of the sparkling wines market in developing economies such as India. For instance, wine consumption in China has risen steadily in the 21st century due to high popularity and availability of sparkling wine varieties, especial through online retail channels. The country is also scaling up its domestic wine production. Its vineyard acreage more than doubled during 2006–2016. While most of that land is being utilized for growing table grapes, wine production is gradually increasing. Moreover, international winemakers are seeking entry into the market, and they are altering their winemaking styles and adjusting their packaging designs to appeal to the local consumers. The rising consumption of grape wine is also providing opportunities for the local manufacturers in China. In India, people have started adopting the western tradition of popping champagne corks on special events such as completing new deals, earning large profits, corporate parties, and weddings and receptions. This has resulted in the expansion of the sparkling wine market in the country. Thus, developing countries are providing enormous opportunities for the sparkling wines market players across APAC.

The outbreak of COVID-19 is wreaking havoc on the economic growth of Asia-Pacific. The severity of the consequences and impact is entirely dependent on the transmission of the novel coronavirus. Various governments in Asia Pacific have taken actions to limit the spread by imposing lockdowns, which is slowing down the operations of various industries in the region. This factor is anticipated to severely affect the growth of the regional market. However, with increasing recovery rates, governments are easing the restrictions imposed on various industrial operations, which is expected to create a positive impact for the growth of sparkling wines market across the region.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the sparkling wine market. The APAC sparkling wine market is expected to grow at a good CAGR during the forecast period.
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APAC Sparkling Wine Market Segmentation

APAC Sparkling Wine Market – By Type

White
Red
Rose

APAC Sparkling Wine Market – By Packaging Type

Bottles
Cans

APAC Sparkling Wine Market – By Distribution Channel

Supermarkets and Hypermarkets
Specialty Stores
Online Retail
Others

APAC Sparkling Wine Market- By Country

Australia
China
India
Japan
South Korea
Rest of Asia Pacific

APAC Sparkling Wine Market-Companies Mentioned

Bacardi and Company Limited
Casella
Chandon
Constellation Brands, Inc.
Henkell Freixenet
Pernod Ricard Winemakers
Treasury Wine Estates Ltd

Asia Pacific Sparkling Wine Report Scope

Report Attribute	Details
Market size in 2021	US$ 5,970.39 Million
Market Size by 2028	US$ 8,638.35 Million
Global CAGR (2021 - 2028)	5.4%
Historical Data	2019-2020
Forecast period	2022-2028
Segments Covered	By Type White Red Rose By Packaging Type Bottles and Cans By Distribution Channel Supermarkets and Hypermarkets Specialty Stores Online Retail
Regions and Countries Covered	Asia-Pacific China India Japan Australia Rest of Asia-Pacific
Market leaders and key company profiles	Bacardi and Company Limited Casella Chandon Constellation Brands, Inc. Henkell Freixenet Pernod Ricard Winemakers Treasury Wine Estates Ltd

Research Manager

Habi Ummer

Manager,
Market Research & Consulting

Habi is a seasoned Market Research Analyst with 8 years of experience specializing in the Chemicals and Materials sector, with additional expertise in the Food & Beverages and Consumer Goods industries. He is a Chemical Engineer from Vishwakarma Institute of Technology (VIT) and has developed deep domain knowledge across industrial and specialty chemicals, paints and coatings, paper and packaging, lubricants, and consumer products. Habi’s core competencies include market sizing and forecasting, competitive benchmarking, trend analysis, client engagement, report writing, and team coordination—making him adept at delivering actionable insights and supporting strategic decision-making.

What are the Asia Pacific Sparkling Wine Market report deliverables?

Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
PEST and SWOT Analysis
Market Size Value / Volume - Global, Regional, Country
Industry and Competitive Landscape
Excel Dataset

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