New Market Study Published: Fine Wines/Champagne and Spirits in Indonesia
Fine wines/champagne and spirits continues to cater to a niche consumer segment in Indonesia which is not only limited in terms of affordability but also regarding consumer behaviour towards alcoholic drinks as well as highly restrictive legislation regarding taxation and distribution. This explains relatively low retail value sales within fine wines/champagne and spirits in comparison to other luxury goods areas. Nevertheless, this area has been continuously growing as a result of the...
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