Beer, Wine & Liquor Stores in the US
The Beer, Wine and Liquor Stores industry comprises specialty shops specifically licensed to sell alcoholic beverages for off-premises consumption. Industry operators have remained in high spirits over the five years to 2018. Many establishments have experienced strong sales of high-margin and imported beverages, which are typically found less often at alternative retailers, amid rising per capita disposable income. Additionally, consumer preferences have shifted away from popular global beer brands toward local craft styles that boast high-quality ingredients and a variety of unique flavors. The industry is expected to experience continued albeit slower growth over the five years to 2023. Rising per capita disposable income will continue to enable consumers to spend more on discretionary goods, including alcohol. Operators will also benefit from continued reductions in alcohol retail regulations across the country.
Operators in this industry include retail stores specifically licensed to sell alcoholic beverages for off-premises consumption. This industry excludes wholesale, 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.