Beer, Wine & Liquor Stores in Canada - Industry Market Research Report

Beer, Wine & Liquor Stores in Canada - Industry Market Research Report

  • August 2020 •
  • 48 pages •
  • Report ID: 4564259 •
  • Format: PDF
Low spirits: A loosening regulatory environment will likely result in a competitive industry landscape

Abstract

Beer, Wine & Liquor Stores in Canada
The Beer, Wine and Liquor Stores industry in Canada comprises specialty shops specifically licensed to sell alcoholic beverages for off-premises consumption. Industry operators remained in high spirits over the five years to 2019, as rising per capita disposable income and increasing consumer preference for premium alcohol supported revenue growth. Industry revenue growth has also been driven by an expanding consumer base. Many province- and territory-run alcoholic beverage retailers dominate the industry, benefiting from regulatory hurdles that have limited small, niche retailers from entering the market. Stringent alcohol labelling requirements and interprovincial alcohol distribution regulations have prevented many privately operated alcohol retailers from entering the market. Over the five years to 2024, industry revenue is forecast to increase, as disposable income is anticipated to increase.

The Beer, Wine and Liquor Stores industry in Canada includes stores and agencies that are primarily licensed to sell alcoholic beverages for off-premises consumption. The industry excludes wholesalers and grocery, convenience and gas station stores.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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