| Product Code: ETC7554457 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India`s spirits import market in 2024 continued to showcase dominance from top exporting countries including the UK, Ireland, USA, Spain, and Japan. The highly concentrated market, as indicated by the high Herfindahl-Hirschman Index (HHI), reflects the strong presence of these key players. With a notable Compound Annual Growth Rate (CAGR) of 31.32% from 2020 to 2024, the industry experienced steady growth. Although the growth rate slightly decreased to 1.68% from 2023 to 2024, the overall trend suggests a positive trajectory for spirits import shipments into India.

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 Spirits Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Spirits Market Revenues & Volume, 2021 & 2031F |
3.3 India Spirits Market - Industry Life Cycle |
3.4 India Spirits Market - Porter's Five Forces |
3.5 India Spirits Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 India Spirits Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 India Spirits Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income in India leading to higher spending on spirits |
4.2.2 Growing popularity of premium and craft spirits among consumers |
4.2.3 Expansion of distribution channels and retail outlets for spirits in India |
4.3 Market Restraints |
4.3.1 Stringent government regulations and taxation policies on alcohol consumption |
4.3.2 Competition from other alcoholic beverages like beer and wine in the market |
4.3.3 Rising awareness about health concerns associated with alcohol consumption |
5 India Spirits Market Trends |
6 India Spirits Market, By Types |
6.1 India Spirits Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Spirits Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 India Spirits Market Revenues & Volume, By Whiskey, 2021- 2031F |
6.1.4 India Spirits Market Revenues & Volume, By Vodka, 2021- 2031F |
6.1.5 India Spirits Market Revenues & Volume, By Rum, 2021- 2031F |
6.1.6 India Spirits Market Revenues & Volume, By Brandy, 2021- 2031F |
6.1.7 India Spirits Market Revenues & Volume, By Other, 2021- 2031F |
6.2 India Spirits Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 India Spirits Market Revenues & Volume, By Specialty/Liquor Stores, 2021- 2031F |
6.2.3 India Spirits Market Revenues & Volume, By Online Retail Stores, 2021- 2031F |
6.2.4 India Spirits Market Revenues & Volume, By On-Trade, 2021- 2031F |
6.2.5 India Spirits Market Revenues & Volume, By Other, 2021- 2031F |
7 India Spirits Market Import-Export Trade Statistics |
7.1 India Spirits Market Export to Major Countries |
7.2 India Spirits Market Imports from Major Countries |
8 India Spirits Market Key Performance Indicators |
8.1 Consumer preference for premium and craft spirits brands |
8.2 Number of new product launches and innovations in the spirits market |
8.3 Growth in the number of bars, restaurants, and clubs serving spirits in India |
9 India Spirits Market - Opportunity Assessment |
9.1 India Spirits Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 India Spirits Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 India Spirits Market - Competitive Landscape |
10.1 India Spirits Market Revenue Share, By Companies, 2024 |
10.2 India Spirits Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |