| Product Code: ETC6751567 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Premium spirits import shipments to China continued to see strong growth in 2024, with the UK, Japan, USA, Puerto Rico, and Ireland emerging as top exporting countries. Despite a slight decline in growth rate from 2023 to 2024, the industry maintained a high level of concentration with a high Herfindahl-Hirschman Index (HHI). The impressive compound annual growth rate (CAGR) of 16.53% from 2020 to 2024 indicates a robust market for premium spirits in China, attracting key players from various countries.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 China Premium Spirits Market Overview |
3.1 China Country Macro Economic Indicators |
3.2 China Premium Spirits Market Revenues & Volume, 2021 & 2031F |
3.3 China Premium Spirits Market - Industry Life Cycle |
3.4 China Premium Spirits Market - Porter's Five Forces |
3.5 China Premium Spirits Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 China Premium Spirits Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.7 China Premium Spirits Market Revenues & Volume Share, By Distribution Channels, 2021 & 2031F |
3.8 China Premium Spirits Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 China Premium Spirits Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of the Chinese population leading to higher spending on premium spirits. |
4.2.2 Growing trend of socializing and gifting premium spirits in Chinese culture. |
4.2.3 Rising influence of Western drinking culture and preference for premium spirits in China. |
4.3 Market Restraints |
4.3.1 Strict regulations and government policies related to alcohol production and distribution in China. |
4.3.2 Competition from other alcoholic beverages like beer and wine in the Chinese market. |
4.3.3 Counterfeit products and issues related to product authenticity impacting consumer trust. |
5 China Premium Spirits Market Trends |
6 China Premium Spirits Market, By Types |
6.1 China Premium Spirits Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 China Premium Spirits Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 China Premium Spirits Market Revenues & Volume, By Whisky, 2021- 2031F |
6.1.4 China Premium Spirits Market Revenues & Volume, By Rum, 2021- 2031F |
6.1.5 China Premium Spirits Market Revenues & Volume, By Vodka, 2021- 2031F |
6.1.6 China Premium Spirits Market Revenues & Volume, By Brandy, 2021- 2031F |
6.1.7 China Premium Spirits Market Revenues & Volume, By Tequila, 2021- 2031F |
6.1.8 China Premium Spirits Market Revenues & Volume, By Others, 2021- 2031F |
6.2 China Premium Spirits Market, By Source |
6.2.1 Overview and Analysis |
6.2.2 China Premium Spirits Market Revenues & Volume, By Natural, 2021- 2031F |
6.2.3 China Premium Spirits Market Revenues & Volume, By Flavored, 2021- 2031F |
6.3 China Premium Spirits Market, By Distribution Channels |
6.3.1 Overview and Analysis |
6.3.2 China Premium Spirits Market Revenues & Volume, By Online, 2021- 2031F |
6.3.3 China Premium Spirits Market Revenues & Volume, By E-commerce websites, 2021- 2031F |
6.3.4 China Premium Spirits Market Revenues & Volume, By Company-owned websites, 2021- 2031F |
6.3.5 China Premium Spirits Market Revenues & Volume, By Offline, 2021- 2031F |
6.3.6 China Premium Spirits Market Revenues & Volume, By Supermarkets/Hypermarkets, 2021- 2031F |
6.3.7 China Premium Spirits Market Revenues & Volume, By Spatiality Stores, 2021- 2031F |
6.3.8 China Premium Spirits Market Revenues & Volume, By Others, 2021- 2031F |
6.3.9 China Premium Spirits Market Revenues & Volume, By Others, 2021- 2031F |
6.4 China Premium Spirits Market, By End-users |
6.4.1 Overview and Analysis |
6.4.2 China Premium Spirits Market Revenues & Volume, By Household, 2021- 2031F |
6.4.3 China Premium Spirits Market Revenues & Volume, By Commercial, 2021- 2031F |
6.4.4 China Premium Spirits Market Revenues & Volume, By Restaurants, 2021- 2031F |
6.4.5 China Premium Spirits Market Revenues & Volume, By Cafes, 2021- 2031F |
6.4.6 China Premium Spirits Market Revenues & Volume, By Hotels, 2021- 2031F |
6.4.7 China Premium Spirits Market Revenues & Volume, By Others, 2021- 2031F |
7 China Premium Spirits Market Import-Export Trade Statistics |
7.1 China Premium Spirits Market Export to Major Countries |
7.2 China Premium Spirits Market Imports from Major Countries |
8 China Premium Spirits Market Key Performance Indicators |
8.1 Consumer engagement on social media platforms for premium spirits brands. |
8.2 Number of premium spirits tasting events and festivals held in China. |
8.3 Growth in the number of premium spirits bars and lounges in major Chinese cities. |
9 China Premium Spirits Market - Opportunity Assessment |
9.1 China Premium Spirits Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 China Premium Spirits Market Opportunity Assessment, By Source, 2021 & 2031F |
9.3 China Premium Spirits Market Opportunity Assessment, By Distribution Channels, 2021 & 2031F |
9.4 China Premium Spirits Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 China Premium Spirits Market - Competitive Landscape |
10.1 China Premium Spirits Market Revenue Share, By Companies, 2024 |
10.2 China Premium Spirits Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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