Industry Analysis & Industry Trends
Over the past five years, the Online Beer, Wine and Liquor Sales industry's revenue has skyrocketed, partly thanks to the expansion in households with internet connections. In the coming years, industry is expected to grow, thanks to an increase in time-strapped consumers turning to the internet for alcohol purchases.... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Online Beer, Wine and Liquor Sales industry is in the growth stage of its economic life cycle. The industry is characterized by growth, which can be attributed to robust enterprise growth and more consumers being accepting of alcohol purchases from online retailers. Over the past five years, many consumers have become increasingly comfortable with using online systems to shop. For example, during the five years to 2015, the number of broadband connections has skyrocketed at an annualized rate of 13.8%, creating a strong potential customer base for the industry.
During the 10 years to 2020, industry value added (IVA), which measures an industry's contribution to the overall economy, is expected to grow at an annualized rate of 12.6%... purchase to read more