AUG 06, 2020: The global Japanese Whisky market size is expected to reach USD 1.1 billion by 2025, according to a new report by Grand View Research, Inc., registering a 9.4% CAGR over the forecast period. Factors such as increasing awareness regarding aged whisky and growing taste for unique and imported spirits are driving the demand for Japanese whisky in the global alcohol market.
Using Japanese whiskey as a component in numerous cocktails is a popular trend among consumers, driven by growing interest in cocktail concoctions and experimental mixology. Social media has also played a major role in spreading awareness and increasing the popularity of Japanese whisky through posts and blogs. Growing presence of bars and pubs across the globe has also promoted the consumption of unique and imported liquors, such as Japanese whisky. Rising popularity of home bars and interest in mixology are also driving the consumption of Japanese whiskey in the residential sector. This segment is likely to register a CAGR of 9.2% over the forecast period, while the commercial application of Japanese whisky is expected to exhibit a 9.4% CAGR.
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On-trade distribution channels held the largest revenue share in 2018 owing to rising per capita income of consumers, adoption of luxury lifestyle, and consumption of premium spirits in countries including U.S., U.K., Germany, India, and China. Rising trend of Happy Hours offered by various commercial restaurants, pubs, hotels, and breweries serving alcohol is boosting the footfall of consumers in such retail sectors.
Asia Pacific led the global market in 2018 with a share of 66.7%. This can be attributed to presence of the largest production facility in Japan and high product penetration in the region. Population growth, urbanization, and rising disposable income in countries such as China, India, and Thailand are anticipated to play an important role in driving the overall alcohol market, having a positive impact on the consumption of Japanese whiskey in the coming years.
Further key findings from the report suggest:
• In terms of revenue, the residential application is projected to expand at a CAGR of 9.2% over the forecast years. The segment also held the dominant share in the Japanese whiskey market in in 2018
• On-trade distribution channels held the largest revenue share in 2018 owing to rising per capita income of consumers, adoption of luxury lifestyle, and consumption of premium spirits
• Asia Pacific led the global market in 2018 with a share of 66.7%. This can be attributed to presence of the largest production facility in Japan and high product penetration in the region
• The industry is highly competitive in nature with key players including Suntory Holdings Ltd., Nikka Whisky Distilling Co., Ltd., Chichibu Distillery, Venture Whisky, Ltd., FLAVIAR, Louisville Distilling Co. LLC, Asahi Breweries Ltd., Jf Hillebrand Japan Kk, Hombo Shuzo Co Ltd, and Yoshino Spirits.
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Table of Contents
Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. GVR’s Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Insights
Chapter 3. Japanese Whisky Market Variables, Trends & Scope
3.1. Market Introduction
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.3.1. Sales/Retail Channel Analysis
3.3.2. Profit Margin Analysis
3.4. Market Dynamics
3.4.1. Market Driver Analysis
3.4.2. Market Restraint Analysis
3.4.3. Industry Challenges
3.4.4. Industry Opportunities
3.5. Business Environment Analysis
3.5.1. Industry Analysis – Porter’s
3.5.1.1. Supplier Power
3.5.1.2. Buyer Power
3.5.1.3. Substitution Threat
3.5.1.4. Threat from New Entrant
Continued……………..
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JUNE 08, 2020: Market insights:The online advertising sector in India has been flourishing, lately, owing to the increase in the number of 4G connections and smartphones, time spent on mobile phones, and subsequent spends on digital advertising by companies operating in the automotive, food and beverages, and e-commerce industries.
The proliferation of video content, transformation in payment mechanism, and voice-based interactions are expected to help in further growth of this market.To Request A Sample Copy Of This Report @: https://www.radiantinsights.com/research/online-advertising-market-in-india-2018-2023/request-sampleIndustry-wise digital advertising segment insights:Based on the amount spent by different market players operating in various industries in India, it is observed that all major sectors like e-commerce, telecom, consumer durables, media and entertainment, fast moving consumer goods (FMCG), banking, financial services and insurance (BFSI), automotive, and retail have had similar share of investments on online advertising.
Through online advertising, the e-players can promote their products on social media, and search engines, thereby converting virtual media into a marketplace.In India, consumers mostly prefer videos and music in the entertainment category.
Consumption of digital video has increased from ~48% in 2016 to ~55% in 2017, which implies a positive impact on spending on video advertisements.Key deterrents to the growth of the market:Issues of internet connectivity and low broadband penetration are still prevalent in India, mainly in rural areas.
Also, the digital video businesses in India face problems due to the high input costs, thus hampering the growth of online advertising in the country.In India, digital content is mostly delivered in English, and does not appeal to a considerable section of the society, which seeks vernacular content.
This acts as a deterrent to the growth of digital media as an advertising platform in comparison to TV or radio.Companies covered:Adglobal360 India Private LimitedDDB Mudra Private LimitedGrey Worldwide (India) Private LimitedInteractive Avenues Marketing Solutions Private LimitedKomli Media India Private LimitedMadison Communications Private limitedMcCann Erickson India Private LimitedOzone Media Solutions Private LimitedPinstorm Technologies Private LimitedSVG Media Private LimitedTo Browse Full Research Report @: https://www.radiantinsights.com/research/online-advertising-market-in-india-2018-2023Table of Contents Chapter 1: Executive summaryChapter 2: Socio-economic indicatorsChapter 3: Introduction3.1.
Increasing attraction of video-based content among consumers across over-the-top space will escalate business growth in the coming years.
The factor such as lack of skills to measure campaign success will restrain industry growth.
To Request A Sample Copy Of This Report @: https://www.radiantinsights.com/research/influencer-marketing-platform-market/request-sampleRising demand for machine learning, big data analytics , and artificial intelligence (AI) will create new opportunities for manufacturers of this marketing platform solution.
These virtual solutions offer advanced results in comparison to human influencers based on brand collaboration and past performance.
The segment is expected to gain momentum owing to increasing demand from industries to team up with influencers to boost their digital advertising crusades.Based on organization size, the industry is categorized into small and medium enterprises (SMEs) and large enterprises.
The fashion & lifestyle segment is expected to account for the largest revenue share owing to rising number of millennial on social media for promoting agencies and brands.Geographically, the industry is categorized into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.
