| Product Code: ETC7551877 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India`s premium spirits import market continues to thrive, with top exporting countries in 2024 being UK, Ireland, USA, Spain, and Japan. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The impressive compound annual growth rate (CAGR) of 33.72% from 2020 to 2024 reflects a strong demand for premium spirits in India. Although the growth rate slightly dipped to 0.72% in 2024 compared to the previous year, the market remains robust and promising for international exporters looking to tap into India`s growing taste for premium spirits.

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 India Premium Spirits Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Premium Spirits Market Revenues & Volume, 2021 & 2031F |
3.3 India Premium Spirits Market - Industry Life Cycle |
3.4 India Premium Spirits Market - Porter's Five Forces |
3.5 India Premium Spirits Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 India Premium Spirits Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.7 India Premium Spirits Market Revenues & Volume Share, By Distribution Channels, 2021 & 2031F |
3.8 India Premium Spirits Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 India Premium Spirits Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of the middle-class population in India |
4.2.2 Changing consumer preferences towards premium and high-quality spirits |
4.2.3 Growing urbanization and westernization trends in major cities of India |
4.3 Market Restraints |
4.3.1 Stringent government regulations and high taxes on alcoholic beverages |
4.3.2 Strong competition from established local and international premium spirit brands |
4.3.3 Economic uncertainty and fluctuations impacting consumer spending on luxury items |
5 India Premium Spirits Market Trends |
6 India Premium Spirits Market, By Types |
6.1 India Premium Spirits Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 India Premium Spirits Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 India Premium Spirits Market Revenues & Volume, By Whisky, 2021- 2031F |
6.1.4 India Premium Spirits Market Revenues & Volume, By Rum, 2021- 2031F |
6.1.5 India Premium Spirits Market Revenues & Volume, By Vodka, 2021- 2031F |
6.1.6 India Premium Spirits Market Revenues & Volume, By Brandy, 2021- 2031F |
6.1.7 India Premium Spirits Market Revenues & Volume, By Tequila, 2021- 2031F |
6.1.8 India Premium Spirits Market Revenues & Volume, By Others, 2021- 2031F |
6.2 India Premium Spirits Market, By Source |
6.2.1 Overview and Analysis |
6.2.2 India Premium Spirits Market Revenues & Volume, By Natural, 2021- 2031F |
6.2.3 India Premium Spirits Market Revenues & Volume, By Flavored, 2021- 2031F |
6.3 India Premium Spirits Market, By Distribution Channels |
6.3.1 Overview and Analysis |
6.3.2 India Premium Spirits Market Revenues & Volume, By Online, 2021- 2031F |
6.3.3 India Premium Spirits Market Revenues & Volume, By E-commerce websites, 2021- 2031F |
6.3.4 India Premium Spirits Market Revenues & Volume, By Company-owned websites, 2021- 2031F |
6.3.5 India Premium Spirits Market Revenues & Volume, By Offline, 2021- 2031F |
6.3.6 India Premium Spirits Market Revenues & Volume, By Supermarkets/Hypermarkets, 2021- 2031F |
6.3.7 India Premium Spirits Market Revenues & Volume, By Spatiality Stores, 2021- 2031F |
6.3.8 India Premium Spirits Market Revenues & Volume, By Others, 2021- 2031F |
6.3.9 India Premium Spirits Market Revenues & Volume, By Others, 2021- 2031F |
6.4 India Premium Spirits Market, By End-users |
6.4.1 Overview and Analysis |
6.4.2 India Premium Spirits Market Revenues & Volume, By Household, 2021- 2031F |
6.4.3 India Premium Spirits Market Revenues & Volume, By Commercial, 2021- 2031F |
6.4.4 India Premium Spirits Market Revenues & Volume, By Restaurants, 2021- 2031F |
6.4.5 India Premium Spirits Market Revenues & Volume, By Cafes, 2021- 2031F |
6.4.6 India Premium Spirits Market Revenues & Volume, By Hotels, 2021- 2031F |
6.4.7 India Premium Spirits Market Revenues & Volume, By Others, 2021- 2031F |
7 India Premium Spirits Market Import-Export Trade Statistics |
7.1 India Premium Spirits Market Export to Major Countries |
7.2 India Premium Spirits Market Imports from Major Countries |
8 India Premium Spirits Market Key Performance Indicators |
8.1 Average price per bottle of premium spirits sold |
8.2 Number of exclusive partnerships with luxury hotels, restaurants, and bars |
8.3 Percentage growth in online sales of premium spirits |
8.4 Customer satisfaction scores for premium spirits brands |
8.5 Number of premium spirits tasting events and activations conducted. |
9 India Premium Spirits Market - Opportunity Assessment |
9.1 India Premium Spirits Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 India Premium Spirits Market Opportunity Assessment, By Source, 2021 & 2031F |
9.3 India Premium Spirits Market Opportunity Assessment, By Distribution Channels, 2021 & 2031F |
9.4 India Premium Spirits Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 India Premium Spirits Market - Competitive Landscape |
10.1 India Premium Spirits Market Revenue Share, By Companies, 2024 |
10.2 India 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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