Gin Market Segmentation:
Packaging Type Segment Analysis
The glass bottles segment is expected to hold a significant 74.5% share by 2035 in the global gin market, attributed to its upscale perception, recyclability, and capacity to maintain product integrity. Glass improves brand visibility and attracts consumers, especially within the craft and premium gin sectors. Its inert characteristics guarantee that the gin’s flavor and alcohol content are preserved over time, making it the preferred option for both producers and consumers. Increasing environmental consciousness and regulatory encouragement for sustainable packaging further enhance demand. As the global market continues to grow, particularly in Europe and the Asia-Pacific region, glass bottles are projected to sustain their dominant status.
Distribution Channel Segment Analysis
The on-trade distribution sector is expected to lead with a 38.5% share of revenue by 2035, fueled by the resurgence of Japan's hospitality and tourism industries following the COVID pandemic, government tourism initiatives under the Inbound Consumption Expansion Plan by the Ministry of Economy, Trade and Industry (METI), and a growing presence of gin-specialty bars in metropolitan areas such as Tokyo and Osaka. Trends towards premiumization are also enhancing on-trade sales as bars aim to offer distinctive craft gins to attract both tourists and younger demographics.
Product Type Segment Analysis
The premium gin sector is expected to lead with a 30.2% share of revenue by 2035, due to increasing consumer preference for high-quality spirits offering complexity and quality botanicals. Growing preferences among millennials and urban consumers, and premiumization across alcoholic beverages, provide support for growth. Furthermore, Premium gin products also fit into the growing cocktail and mixology culture and are preferred by mixologists at premium bars and restaurants. In addition to this, premium products benefit from brand strength, attractive packaging, and further global exposure around travel retail, as compared to standard and craft/artisanal options.
Our in-depth analysis of the global gin market includes the following segments:
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Flavour Profile |
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