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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 | Nov 2015

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

IBISWorld’s Beer, Wine & Liquor Stores market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

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
170,399
Businesses
41,285
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 Investment Chapter

The Beer, Wine and Liquor Stores industry can generally hire unskilled workers to stock shelves and perform basic cashier functions. Some expertise with alcoholic beverages is required for industry stores that offer product demonstrations and wish to provide customers with additional advice and service. Overall, the industry is highly service-based and does not require significant investments in capital and machinery to perform day-to-day functions. For every dollar spent on wages, the industry spends a slim $0.10 on investments in capital. These investments may consist of new mobile payment systems, inventory accounting technology, radio-frequency identification devices that track incoming shipments and other minor technology purchases... 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 liqueursWineBeerTobacco and smoking accessories
 
Industry Activities
Beer retailingWine retailingLiquor retailingCider, mead and other alcoholic beverage retailing


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