Online Beer, Wine & Liquor Sales in the US - Industry Market Research Report

Online Beer, Wine & Liquor Sales in the US - Industry Market Research Report

  • December 2021 •
  • 37 pages •
  • Report ID: 6218822 •
  • Format: PDF
Spirited growth: A recovering economy is expected to boost consumer spending and per capita expenditure on alcohol, supporting industry growth

Abstract

Online Beer, Wine & Liquor Sales
Revenue for the Online Beer, Wine and Liquor Sales industry has skyrocketed over the five years to 2019, due in part to the expansion in households with internet connections. The number of broadband connections has increased over the past five years, creating a robust potential customer base for the industry. Moreover, the emergence of more time-strapped amateur wine connoisseurs and individuals interested in mixology and craft beer has raised the popularity of online alcohol purchases. Nevertheless, state-by-state variations in regulations for interstate alcohol distribution have posed a challenge to the industry. Despite these varying regulations, industry revenue has increased during the current period. Over the five years to 2024, industry revenue is forecast to continue to rise. Alcohol sales are expected to increase due to growth in the number of individuals aged 20 to 64, as this demographic predominately encompasses the drinking age population.

The Online Beer, Wine and Liquor Sales industry comprises operators that sell prepackaged beer, wine and liquor through online stores. This industry also includes companies that sell online as a complement to physical storefronts.

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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