Global Whiskey Warehousing Market Competitive Landscape, Top Market Segments, And Fastest Growing Regions
15 Jun, 2023
The global whiskey warehousing market size is expected to grow from $7.45 billion in 2022 to $8.18 billion in 2023 at a compound annual growth rate (CAGR) of 9.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global whiskey warehousing market size is expected to reach $11.50 billion in 2027 at a CAGR of 8.9%.
Global Whiskey Warehousing Market Key Driver
Growing alcoholic beverage consumption is likely to take the whisky warehousing industry ahead. An alcoholic beverage is defined as any drink other than water that contains more than 1.2% alcohol by volume. The modern drinking culture in business events, parties, and other contexts has resulted in an increased use of whisky for its flavour and texture. As a result, rising alcoholic beverage consumption is driving the expansion of the whisky warehousing industry.
Get a sample of the global whiskey warehousing market reportGlobal Whiskey Warehousing Market Segments
The global whiskey warehousing market is segmented:
1) By Whiskey Type: Scotch, Bourbon, Irish Whiskey, Canadian Whiskey, Japanese Whisky, Others
2) By Ownership: Private Warehouses, Public Warehouses, Bonded Warehouses
3) By Distribution Channel: On-Trade, Off-Trade
4) By Geography: The regions covered in the whiskey warehousing market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions, North America accounts for the largest share in the global whiskey warehousing market.
Major Whiskey Warehousing Industry Players
Diageo Plc, William Grant & Sons Ltd, Brown–Forman Corporation, Allied Blenders and Distillers (ABD) Ltd., Bacardi Limited, Constellation Brands, Inc., Pernod Ricard, ANGUS DUNDEE DISTILLERS PLC, King Car Group, La Martiniquaise, The Edrington Group Ltd., Chivas Brothers, Whyte & Mackay Ltd, Sazerac Co. Inc., Suntory Holdings Limited
Get the full global whiskey warehousing market report
Whiskey Warehousing Market Overview
Whiskey warehousing refers to a place used by whiskey makers to store whisky barrels in a specified facility. The warehousing facility are used for maturing the distilled alcohol in oak barrels for a longer time, which allows the whisky to develop its distinct flavor and aroma.
Whiskey Warehousing Global Market Report 2023 provides data on the global whiskey warehousing market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The whiskey warehousing market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.