Tag «consumption slows»

Global spirits market consumption slows in 2013

Global spirits sales increased by a marginal 0.1% to 3.09bn nine-litre cases in 2013 over 2012, according to the latest IWSR research. This represents a dramatic slowdown from the 6.5% compound annual growth (CAGR) seen between 2007 and 2011. This was chiefly attributable to a big slowdown in the growth of local spirits in China …