Household expenditure on spirits in the UK is expected to rise steadily from 84.78 Pence Sterling Per Capita Per Week in 2024 to 92.26 Pence Sterling Per Capita Per Week in 2028.
Key Observations:
• Expenditure is forecasted to increase year-on-year by approximately 2.26% from 2024 to 2025, 2.18% from 2025 to 2026, 2.09% from 2026 to 2027, and 2.01% from 2027 to 2028.
• Over the last five years (2023-2028), the CAGR is around 2.13%.
Future Trends to Watch For:
• Changes in consumer preferences toward lower alcoholic or premium spirits might impact expenditure.
• Economic factors such as inflation and disposable income levels could influence spending habits.
Continued monitoring of these variables will provide better insights into future trends.
