SEARCH   
MEMBER LOGIN    

Wine Bars in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Wine Bars Market Research Report | Consumer Goods & Services | Food Service & Drinking Places | Dec 2013

Happy hour: Consumers' tastes are changing in favor of the industry, stimulating growth

IBISWorld’s Wine Bars market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$620m
Annual Growth 08-13
2.7%
Annual Growth 13-18
Purchase to read more
Profit
Purchase to read more
Employment
10,477
Businesses
1,078
Industry Analysis & Industry Trends

The Wine Bars industry has grown in line with the popularity of wine in the past few years, and people look for a venue to be exposed to a wide variety of wines. The industry has high product turnaround, but with low profit margins, which makes it susceptible to any adverse changes in demand (including any recessionary declines). Changes in household preferences, disposable incomes and consumer spending also influence demand.... purchase to read more

Industry Report - Industry Investment Chapter

The Wine Bars industry exhibits a low level of capital intensity. In 2013, for every $1.00 the average operator spends on wages, it will spend about $0.12 on the use and replacement of capital. The industry is highly dependent on human capital due to its service-oriented nature. Although most staff are relatively low-skilled, low-cost workers, no bar can function without quality staff with a broad knowledge of wine varieties and regions. The average operator spends about 25.1% of its revenue on wages and associated labor costs.

Meanwhile, capital costs are moderate for the average wine bar. The cost of the initial fit out will depend on the size and style of the establishment. However, most wine bars are small-to-medium in size and do not require extensive, expensive renovations... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Wine Bars Industry?

This industry comprises lounges and bars that primarily focus on selling wine for immediate consumption. These establishments may also provide limited food services.

Industry Products
Red winesWhite winesFood service and nonalcoholic beveragesBeer and liquorRoses and sparkling wines
 
Industry Activities
Serving wine for immediate consumptionPreparing and serving food for immediate consumptionOffering wine tasting for patrons


View Sample
Quote
Select Clients