Beer, Wine & Liquor Stores in the US - Industry Market Research Report
Description
Beer, Wine & Liquor Stores in the US
Beer, wine and liquor stores have remained in high spirits over the past five years amid favorable economic conditions. A rise in disposable income levels has boosted sales of high-margin and imported beverages, typically less available at alternative retailers. Consumer preferences have shifted away from popular global beer brands to local craft styles with high-quality ingredients and higher profit margins. A rise in e-commerce has encouraged many stores to incorporate online orders and delivery, boosting sales among younger demographics. Over the past five years, revenue for beer, wine and liquor stores has risen at a CAGR of 2.6% to reach an estimated $78.9 billion, including an 0.8% increase in 2023 alone.
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.
Beer, wine and liquor stores have remained in high spirits over the past five years amid favorable economic conditions. A rise in disposable income levels has boosted sales of high-margin and imported beverages, typically less available at alternative retailers. Consumer preferences have shifted away from popular global beer brands to local craft styles with high-quality ingredients and higher profit margins. A rise in e-commerce has encouraged many stores to incorporate online orders and delivery, boosting sales among younger demographics. Over the past five years, revenue for beer, wine and liquor stores has risen at a CAGR of 2.6% to reach an estimated $78.9 billion, including an 0.8% increase in 2023 alone.
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.
Table of Contents
54 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
Pricing
Currency Rates
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