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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 | Mar 2016

Drink up: Deregulation and increased demand for premium products will yield modest revenue growth

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
$47bn
Annual Growth 11-16
0.5%
Annual Growth 16-21
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Profit
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Employment
167,189
Businesses
40,406
Industry Analysis & Industry Trends

Operators in the Beer, Wine and Liquor Stores industry remained in high spirits over the five years to 2016, 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 Products Chapter

The Beer, Wine and Liquor Stores industry not only sells alcoholic beverages but also other nonalcoholic beverages, tobacco products and miscellaneous goods to supplement sales of alcohol. Per capita expenditure on alcohol is expected to increase 0.3% over 2016, and sales of alcoholic beverages typically do not experience severe declines during periods of economic uncertainty. Consumers may purchase less alcohol during sluggish economic periods, but many consumers often switch purchases of alcohol at bars and restaurants toward purchases of alcohol at the industry's retail locations. As a result, the industry has historically exhibited a high degree of stability.

Consumers may, however, shift their purchases of alcohol depending on fluctuations in taste preferences... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Beer, Wine & Liquor Stores Industry?

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

Industry Products
Distilled spirits, brandies and liqueursWineBeer
 
Industry Activities
Beer retailingWine retailingLiquor retailingCider, mead and other alcoholic beverage retailing


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