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Beer, Wine & Liquor Stores in Canada - Industry Market Research Report

Publisher IBISWorld
Published Aug 02, 2024
Length 70 Pages
SKU # IBSS19119986

Description

Beer, Wine & Liquor Stores in Canada - Industry Market Research Report


Beer, Wine & Liquor Stores in Canada

The Beer, Wine and Liquor Stores industry in Canada comprises specialty shops specifically licenced to sell alcoholic beverages for off-premise consumption. These stores have remained in high spirits over the five years to 2023, as consumer spending and disposable income strengthened during the current period, which has supported consumers' preference for premium alcohol and facilitated revenue expansion. Overall, Canadian beer, wine and liquor store revenue is forecast to increase an annualized 1.8% to $29.2 billion over the five years to 2023. Revenue is expected to grow 0.5% in 2023 alone because of a boost in per capita alcohol consumption during the year. COVID-19 has also aided revenue, as closed bars and restaurants aimed at limiting the spread of the virus have forced Canadians to purchase more alcohol in industry establishments. Similarly, profit, measured as earnings before interest and taxes, has inched up, accounting for an expected 28.0% of revenue in 2023.

The Beer, Wine and Liquor Stores industry in Canada includes stores and agencies that are primarily licenced to sell alcoholic beverages for off-premises consumption. The industry excludes wholesalers and grocery, convenience and gas station stores.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Table of Contents

70 Pages
ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY
How Do Licenses Work?
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