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 Products Chapter
The Online Beer, Wine and Liquor Sales industry not only sells alcoholic beverages, but also food, nonalcoholic drinks and tobacco products. As the prevalence of time-strapped individuals has increased, this trend has stimulated demand for alcohol from online retailers. In particular, in states that prevent additional retailers, such as supermarkets and grocery stores, from selling alcohol, online alcoholic beverage retailers have fared well.
In 2015, beer is expected to account for 39.0% of industry revenue. Over the past five years, this product segment has remained relatively stagnant, according to 2014 data from a Gallup poll. While beer has been many Americans preferred alcoholic beverage, this trend is expected to change over the next five years... purchase to read more