| Product Code: ETC8852127 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Philippines sparkling red wine import market continued to show strong growth in 2024, with top exporting countries being Metropolitan France, Italy, USA, Spain, and Australia. Despite a high concentration level indicated by the HHI, the market experienced a significant CAGR of 45.29% from 2020 to 2024. However, there was a slight decline in growth rate from 2023 to 2024 at -29.91%. This data suggests a dynamic and competitive market landscape for sparkling red wine imports in the Philippines, driven by diverse sources of supply and evolving consumer preferences.

Sparkling red wine remains a niche but steadily growing market in the Philippines, often consumed during holidays and special occasions. Importers and local distributors are targeting millennials and urban consumers with premium and semi-sweet offerings. While domestic production is limited, imported varieties from Australia and Europe dominate retail shelves.
The sparkling red wine market in the Philippines is experiencing steady growth, largely influenced by changing consumer preferences and a growing interest in premium alcoholic beverages. Sparkling red wine, known for its rich flavor and bubbly texture, is gaining traction among Filipino wine enthusiasts and those seeking a more unique wine experience. The rise of social gatherings, celebrations, and gifting occasions is also contributing to the popularity of sparkling wines. As the market for wine continues to mature in the Philippines, sparkling red wine is carving out a niche for itself as a preferred choice among connoisseurs and casual drinkers alike.
Sparkling red wine struggles in a market where beer and sweet liquors dominate consumer preference. Import restrictions, high tariffs, and limited local viticulture make the product relatively rare and expensive. Furthermore, wine culture is still emerging in the Philippines, and consumer education about varieties like sparkling red wine is minimal.
The sparkling red wine market in the Philippines is experiencing growth, driven by the rising interest in premium, unique alcoholic beverages. Sparkling red wine offers a distinctive taste and effervescence that appeals to wine enthusiasts and casual drinkers alike. Investment opportunities exist in developing high-quality sparkling red wines with diverse flavor profiles and branding that appeals to local consumers. As the demand for innovative and luxury alcoholic beverages continues to grow, the sparkling red wine market in the Philippines holds significant potential for expansion.
Sparkling red wine production and sales in the Philippines are regulated by the Bureau of Internal Revenue (BIR) through excise taxes and labeling requirements, and by the FDA for food safety. The Department of Agriculture promotes grape cultivation in suitable areas, while imported wine products must meet trade regulations enforced by the Bureau of Customs. Trade policies under the ASEAN free trade agreements affect pricing and availability.
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 Philippines Sparkling Red Wine Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Sparkling Red Wine Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Sparkling Red Wine Market - Industry Life Cycle |
3.4 Philippines Sparkling Red Wine Market - Porter's Five Forces |
3.5 Philippines Sparkling Red Wine Market Revenues & Volume Share, By Style, 2021 & 2031F |
3.6 Philippines Sparkling Red Wine Market Revenues & Volume Share, By Taste, 2021 & 2031F |
3.7 Philippines Sparkling Red Wine Market Revenues & Volume Share, By Price Range, 2021 & 2031F |
3.8 Philippines Sparkling Red Wine Market Revenues & Volume Share, By Size, 2021 & 2031F |
3.9 Philippines Sparkling Red Wine Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Philippines Sparkling Red Wine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of consumers in the Philippines |
4.2.2 Growing popularity of wine culture and appreciation for sparkling wines |
4.2.3 Rising demand for premium and luxury products in the Philippines market |
4.3 Market Restraints |
4.3.1 High import taxes and duties on wine products impacting pricing and affordability |
4.3.2 Limited awareness and distribution channels for sparkling red wines in the Philippines |
5 Philippines Sparkling Red Wine Market Trends |
6 Philippines Sparkling Red Wine Market, By Types |
6.1 Philippines Sparkling Red Wine Market, By Style |
6.1.1 Overview and Analysis |
6.1.2 Philippines Sparkling Red Wine Market Revenues & Volume, By Style, 2021- 2031F |
6.1.3 Philippines Sparkling Red Wine Market Revenues & Volume, By Brechetto, 2021- 2031F |
6.1.4 Philippines Sparkling Red Wine Market Revenues & Volume, By Lambrussco, 2021- 2031F |
6.1.5 Philippines Sparkling Red Wine Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Philippines Sparkling Red Wine Market, By Taste |
6.2.1 Overview and Analysis |
6.2.2 Philippines Sparkling Red Wine Market Revenues & Volume, By Sweet, 2021- 2031F |
6.2.3 Philippines Sparkling Red Wine Market Revenues & Volume, By Dry, 2021- 2031F |
6.2.4 Philippines Sparkling Red Wine Market Revenues & Volume, By Semi- Sweet, 2021- 2031F |
6.3 Philippines Sparkling Red Wine Market, By Price Range |
6.3.1 Overview and Analysis |
6.3.2 Philippines Sparkling Red Wine Market Revenues & Volume, By Up to US$ 10, 2021- 2031F |
6.3.3 Philippines Sparkling Red Wine Market Revenues & Volume, By US$ 10 to US$ 25, 2021- 2031F |
6.3.4 Philippines Sparkling Red Wine Market Revenues & Volume, By US$ 25 to US$ 40, 2021- 2031F |
6.3.5 Philippines Sparkling Red Wine Market Revenues & Volume, By Above US$ 40, 2021- 2031F |
6.4 Philippines Sparkling Red Wine Market, By Size |
6.4.1 Overview and Analysis |
6.4.2 Philippines Sparkling Red Wine Market Revenues & Volume, By Below 375 ml, 2021- 2031F |
6.4.3 Philippines Sparkling Red Wine Market Revenues & Volume, By 375 ml 750 ml, 2021- 2031F |
6.4.4 Philippines Sparkling Red Wine Market Revenues & Volume, By 750 ml 1,500 ml, 2021- 2031F |
6.4.5 Philippines Sparkling Red Wine Market Revenues & Volume, By Above 1,500 ml, 2021- 2031F |
6.5 Philippines Sparkling Red Wine Market, By Distribution Channel |
6.5.1 Overview and Analysis |
6.5.2 Philippines Sparkling Red Wine Market Revenues & Volume, By Online, 2021- 2031F |
6.5.3 Philippines Sparkling Red Wine Market Revenues & Volume, By Offline, 2021- 2031F |
7 Philippines Sparkling Red Wine Market Import-Export Trade Statistics |
7.1 Philippines Sparkling Red Wine Market Export to Major Countries |
7.2 Philippines Sparkling Red Wine Market Imports from Major Countries |
8 Philippines Sparkling Red Wine Market Key Performance Indicators |
8.1 Consumer spending on premium alcoholic beverages in the Philippines |
8.2 Number of wine tastings and events featuring sparkling red wines |
8.3 Growth in the number of specialized wine retailers or bars offering sparkling red wines |
8.4 Percentage increase in online searches or social media mentions related to sparkling red wines in the Philippines |
9 Philippines Sparkling Red Wine Market - Opportunity Assessment |
9.1 Philippines Sparkling Red Wine Market Opportunity Assessment, By Style, 2021 & 2031F |
9.2 Philippines Sparkling Red Wine Market Opportunity Assessment, By Taste, 2021 & 2031F |
9.3 Philippines Sparkling Red Wine Market Opportunity Assessment, By Price Range, 2021 & 2031F |
9.4 Philippines Sparkling Red Wine Market Opportunity Assessment, By Size, 2021 & 2031F |
9.5 Philippines Sparkling Red Wine Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Philippines Sparkling Red Wine Market - Competitive Landscape |
10.1 Philippines Sparkling Red Wine Market Revenue Share, By Companies, 2024 |
10.2 Philippines Sparkling Red Wine Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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