Asia Pacific Wine Tourism Market Size & Outlook, 2023-2030
The wine tourism market in Asia Pacific is expected to reach a projected revenue of US$ 14,367.2 million by 2030. A compound annual growth rate of 14.7% is expected of Asia Pacific wine tourism market from 2024 to 2030.
Revenue, 2023 (US$M)
$5,516.0
Forecast, 2030 (US$M)
$14,367.2
CAGR, 2024 - 2030
14.7%
Report Coverage
Asia Pacific
Asia Pacific wine tourism market highlights
- The Asia Pacific wine tourism market generated a revenue of USD 5,516.0 million in 2023.
- The market is expected to grow at a CAGR of 14.7% from 2024 to 2030.
- In terms of segment, wine tastings and tours was the largest revenue generating service in 2023.
- Wine Tastings and Tours is the most lucrative service segment registering the fastest growth during the forecast period.
Asia Pacific data book summary
| Market revenue in 2023 | USD 5,516.0 million |
| Market revenue in 2030 | USD 14,367.2 million |
| Growth rate | 14.7% (CAGR from 2023 to 2030) |
| Largest segment | Wine tastings and tours |
| Fastest growing segment | Wine Tastings and Tours |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Wine Tastings and Tours |
| Key market players worldwide | The Prisoner Wine, The Wine Group, Grape Escapes Nova Scotia Wine Tours, Cellar Rat Wine Merchants, BKWine, Pure Luxury Transportation, Inc., Sula Vineyards |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 11.9% of the global wine tourism market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 14,367.2 million by 2030.
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Wine Tourism Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Pure Luxury Transportation, Inc. | View profile | 101-250 | Petaluma, California, United States, North America | http://pureluxury.com |
| BKWine | View profile | 1-10 | Issy-les-moulineaux, Ile-de-France, France, Europe | https://www.bkwine.com |
| Grape Escapes Nova Scotia Wine Tours | View profile | 11-50 | Halifax, Nova Scotia, Canada, North America | https://www.novascotiawinetours.com/ |
| The Prisoner Wine | View profile | 1-10 | Rutherford, California, United States, North America | http://www.theprisonerwinecompany.com/ |
| Sula Vineyards | View profile | 501-1000 | Nasik, Maharashtra, India, Asia | http://www.sulawines.com/ |
| Cellar Rat Wine Merchants | View profile | - | Kansas City, Missouri, United States, North America | https://www.cellarratwine.com |
| The Wine Group | View profile | 1-10 | Glen Ellen, California, United States, North America | https://www.imagerywinery.com |
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