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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 | Oct 2014

On the rocks: Increasing competition and consequent consolidation will restrict industry revenue growth

IBISWorld’s Beer, Wine & Liquor Stores market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$47bn
Annual Growth 09-14
3.2%
Annual Growth 14-19
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Profit
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Employment
150,225
Businesses
28,690
Industry Analysis & Industry Trends

Operators in the Beer, Wine and Liquor Stores industry remained in high spirits over the five years to 2014, despite some initial recessionary turbulence at the beginning of the period. Due to a fall in discretionary income in 2009, many consumers curbed their alcohol purchases for consumption at bars and restaurants. Instead, many individuals purchased alcoholic beverages at wine, beer and liquor stores, which has buoyed revenue growth. In the coming years, disposable income is anticipated to grow, bolstering consumer confidence and increasing attendance at restaurants and bars that typically sell alcohol at high markups. Therefore, as more consumers drink alcoholic beverages on these premises, demand for liquor stores will decrease... purchase to read more

Industry Report - Industry Investment Chapter

While the Beer, Wine and Liquor Stores industry can hire unskilled workers for stocking shelves, most alcohol retailers require employees with some familiarity of the products they sell. This causes industry operators to require a specialized workforce that is familiar with, for example, how to pair industry products with food. Also, the increasing trend of consumers that have an in-depth knowledge of industry products necessitates a workforce that is acquainted with the plethora of tastes and blends of industry products. Other employees in this industry include managers, accountants and cashiers. As such, the industry is labor intensive. For every dollar spent on wages, about $0.11 is spent on capital in 2014... 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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