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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 | Jul 2015

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

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
$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 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 0.6% over 2015, and sales of alcoholic beverages typically do not experience severe declines during periods of economic uncertainty. Consumers may purchase less alcohol during recessionary 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 exhibits a high degree of historical 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 liqueursWineBeerTobacco and smoking accessories
 
Industry Activities
Beer retailingWine retailingLiquor retailing


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