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Beer, Wine & Liquor Stores in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Beer, Wine & Liquor Stores Market Research Report | NAICS 44531 | Feb 2015

Drink up: Deregulation and increased demand for premium products will boost profit

IBISWorld’s Beer, Wine & Liquor Stores market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$48bn
Annual Growth 10-15
0.0%
Annual Growth 15-20
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Profit
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Employment
167,440
Businesses
41,580
Industry Analysis & Industry Trends

Operators in the Beer, Wine and Liquor Stores industry remained in high spirits over the five years to 2015, despite having experienced virtually no revenue growth over the period. Due to rising consumer confidence, more consumers have purchased high-margin products such as craft beer, bolstering industry profitability. Furthermore, deregulation of the beer, wine and liquor market in many states has allowed more stores to enter the industry. This trend is a double-edged sword, however, as deregulation has also heightened competition by providing an opening for supermarkets, grocery stores and gas stations to enter the market. Nevertheless, revenue is expected to grow over the next five years as stores generate greater sales of high-margin products... purchase to read more

Industry Report - Industry Analysis Chapter

During the five years to 2015, the Beer, Wine and Liquor stores industry benefited from some deregulation and growth in consumers' off-premise alcohol consumption. However, the ongoing liberalization of state liquor laws is intensifying competition from internal and external competitors. In states that offered additional alcohol retail licenses, which allowed more retailers to enter the industry, external industries such as supermarkets and wholesalers were also permitted to sell alcoholic beverages. As a result, deregulation has increased external competition, which has led many operators to lower prices to remain competitive, thereby constraining revenue growth over the period. Over the five years to 2015, industry revenue has held constant at $48.1 billion in revenue... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Beer, Wine & Liquor Stores Industry?

Operators in this industry include retail stores licensed specifically to sell alcoholic beverages for consumption off-premises. This industry excludes wholesale, grocery, convenience and gas station stores.

Industry Products
LiquorWineBeerFoodTobacco productsSoft drinks
 
Industry Activities
Beer retailingWine retailingLiquor retailing


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