India Alcoholic Beverages Market Outlook (2021-2027)
Market Forecast By Types (Beer, Spirit, Wine), By Packaging (Plastic Bottles, Glass Bottles, Cans), By Distribution Channels (Hypermarkets/Supermarkets, Online Retail Stores, Specialty Stores, Restaurants/Bars) And Competitive Landscape
According to 6Wresearch, India Alcoholic Beverages Market size is projected to grow at CAGR of 7.2% during 2021-2027. Spirits are the most consumed alcoholic beverage in India owing to increasing disposable income along with growing youth and working women populations Based on packaging, glass bottles acquired the maximum revenue share in 2020 on account of the rising premiumization of brands and premium brands prefer selling alcohol in glass bottles as it looks elegant. Based on distribution channel, Specialty stores have the highest share among all other distribution channels as Specialty Stores sells alcohol on MRP and a large variety of alcohol...