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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 | Jun 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
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

During the five years to 2014, the Wine, Beer and Liquor stores benefited from deregulation and growth in consumers' off-premise alcohol consumption. However, the ongoing state liberalization of liquor laws is intensifying competition from internal and external competitors. While some states offered additional alcohol retail licenses, which allowed more retailers to enter the industry, it also permitted external industries, such as supermarkets and wholesalers, to sell alcohol. As a result, deregulation has increased external competition, which has caused many operators to lower prices to remain competitive, thereby constraining revenue growth over the period... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

IBISWorld expects continued demand for specialized, convenient liquor stores in most communities throughout the country. While industry value added (IVA), which measures an industry's contribution to the overall economy, is anticipated to increase at an annualized rate of 1.9% during the 10 years to 2019, GDP is expected to grow at an annualized rate of 2.7%, over the same period. The industry's IVA grew at a slow pace during the five years to 2014, as competition intensified among industry operators and competitors.

The Beer, Wine and Liquor Stores industry will grow at a slow rate as other external operators, such as wholesalers and grocery stores, cause competition to intensify... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Beer, Wine & Liquor Stores Industry?

Operators in this industry includes specialist and nonspecialist 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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