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Wine Bars: Market Research Report

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

Wine Bars Market Research Report | NAICS OD4314 | Oct 2016

Happy hour: Consumers' tastes are changing in favor of domestic and foreign wines

IBISWorld’s Wine Bars 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
$2bn
Annual Growth 11-16
-0.1%
Annual Growth 16-21
Annual Growth
Profit
Profit
Employment
9,002
Businesses
1,460
Industry Threats & Opportunities
  • The industry has been assisted by rising wine consumption in the United States over the past decade
  • There are very few advantages to opening more than one location
  • Traditional bars that have not updated their concept face the biggest threat from wine bars
  • ... purchase to read more

Industry Analysis & Industry Trends

The Wine Bars industry has enjoyed a stellar run over the past five years and has taken advantage of an evolving hospitality landscape. The industry, which consists of bars that primarily serve large selections of wine rather than draft beer and mixed drinks, has comfortably outpaced the Bars and Nightclubs industry as a whole. Although per capita expenditure on alcohol has experienced only minimal yearly growth in recent years, the industry has achieved significant popularity with both the industry's youngest and oldest consumers. IBISWorld expects the industry to continue to steal market share from other forms of bars and restaurants over the next five years as consumers with rising incomes will continue to seek affordable gourmet dining experiences... ... purchase to read more

Industry Report - Industry Key Buyers Chapter

The industry is highly fragmented and consists of a large number of small operators, many of which are family owned and operated. The top players in the industry account for well under 5.0% of total revenue, and most establishments are small businesses employing fewer than 20 people. According to the US Census, of all the establishments throughout the larger Bars and Nightclubs industry, 98.3% employee fewer than 50 people and 77.6% employ fewer than 10.

There is also a very low prevalence of wine bar operators that own more than one location. There are limited economies of scale that can be gained from operating more than one wine bar, mainly due to the high labor intensity of the industry. Also, the varying state liquor laws make it difficult for owners to form large chains. Due.. ... purchase to read more

Additional Insights for the Wine Bars Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Wine Bars Industry are

  • Must have liquor license
  • Access to niche markets
  • Ability to control stock on hand
  • IBISWorld analysts also discuss how external factors such as Consumer spending and Per capita expenditure on alcohol in the Wine Bars industry impact industry performance... purchase to read more

     


    Industry ProductsRelated Reports

    What is the Wine Bars Industry?

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

    Industry Products
    Red winesWhite winesBlush winesNonalcoholic beveragesMeals and snacks
     
    Industry Activities
    Serving wine for immediate consumptionOffering wine tasting for patronsPreparing and serving food for immediate consumption


    Table of Contents
    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Consumer spending
  • Per capita expenditure on alcohol
  • Consumer Confidence Index
  • Healthy eating index
  • Current Performance
  • Chart: Revenue Growth
  • Industry Outlook
  • Table: Wine Bars Industry Revenue Outlook
  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Wine Bars Industry Lifecycle vs The Economy
  • Products & Markets
    Supply Chains
  • Key Buying Industries
  • Consumers
  • Key Selling Industries
  • Beer Wholesaling
  • Dairy Wholesaling
  • Soft Drink, Baked Goods & Other Grocery Wholesaling
  • Wine & Spirits Wholesaling
  • Wineries
  • Products & Services
  • Red wines
  • White wines
  • Meals and snacks
  • Blush wines
  • Other
  • Nonalcoholic beverages
  • Chart: Wine Bars Industry Products and Services Segmentation
  • Demand Determinants
    Major Markets
  • Consumers aged 50 and older
  • Consumers aged 30 to 49
  • Consumers aged 21 to 29
  • Chart: Major Market Segmentation for the Wine Bars Industry
  • International Trade
    Business Locations
  • Chart: Business Locations by State
  • Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Wine Bars
  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Wine Bars Industry
  • Industry Globalization
    Major Companies
    There are no major players in this industry
    Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Wine Bars Industry
  • Chart: Tools of the Trade: Growth Strategies for Success
  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth
  • Regulation & Policy
    Industry Assistance
    Key Statistics
  • Table: Industry Data for the Wine Bars Industry
  • Includes:
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Wages (2007-2021)
  • Per capita expenditure on alcohol (2007-2021)
  • Table: Annual Percentage Change for Key Industry Data
  • Table: Key Ratios for Industry Key Data
  • Jargon & Glossary
    Gourmet
  • Of or involving fancy or exotic foods and drink.
  • Millennial
  • There are no precise dates that chart this generation, however, a Millennial is generally considered to have birth years from the early 1980s to the early 2000s.
  • Oenophile
  • A casual or professional connoisseur of wines.
  • Point Of Sale (Pos)
  • The physical location where a retail transaction is completed.

  • Why Buy this Report?
    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Wine Bars:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Wine Bars market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Wine Bars, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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