$79.9bn
$X.Xbn
214k
46,633
$X.Xbn
Beer, wine and liquor stores have remained in high spirits over the past five years despite some uncharacteristic volatility. A rise in disposable income levels has boosted sales of high-margin and imported beverages, typically less available at alternative retailers. Consumer preferences have shifted away from popular global beer brands to local craft styles with high-quality ingredients and higher profit margins. A rise in e-commerce has encouraged many stores to incorporate online orders and delivery, boosting sales among younger demographics. Over the past five years, revenue for beer, wine and liquor stores has been expanding at a CAGR of 2.2% and is expected to rise 2.9% in 2024 alone, when sales will reach $79.9 billion.
Industry revenue has grown at a CAGR of 2.2 % over the past five years, to reach an estimated $79.9bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
---|---|---|---|---|
Total Wine and More | 6,050.5 | 229.4 | 3.8 | |
Yankee Spirits | 387.9 | 11.2 | 2.9 | |
ABC Fine Wine & Spirits | 373.1 | 12.3 | 3.3 |
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Beer, Wine & Liquor Stores in the US
Industry revenue is measured across several distinct product and services lines, including Spirits, Wine and Beer. Spirits is the largest segment of the Beer, Wine & Liquor Stores in the US.
Regulations keep spirits sales flowing
Operators in this industry include retail stores specifically licensed to sell packaged alcoholic beverages, including beer, wine and liquor, for off-premises consumption.
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NAICS 44531 - Beer, Wine & Liquor Stores in the US
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Increasing disposable income has driven sales of high-margin and premium imported beverages. Additionally, consumer preferences are leaning towards local craft styles, which ...
Learn about an industry's products and services, markets and trends in international trade.
The younger demographic (ages 21 to 44) is driving the shift toward premium, high-quality alcoholic beverages and exploring sober curiosity, significantly boosting online sale...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Regulatory environments vary significantly across states, influencing the distribution of beer, wine and liquor stores. States like Pennsylvania and Utah have state-controlle...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Supermarkets have become a significant substitute for traditional liquor stores. As more states relax alcohol sale laws, supermarkets are expanding their offerings, providing...
Learn about the performance of the top companies in the industry.
The Beer, Wine and Liquor Stores industry has no major players. State regulations prohibit the vertical integration of retail stores and prevent any retailer from gaining sub...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
State regulations create a complex operational environment for liquor store owners. Each state has distinct laws affecting distribution, pricing and product variety, complica...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Purchases dominate expenses, buoyed by improved distribution and regulatory changes. Eased shipment regulations and reduced costs post-pandemic enable liquor stores to compet...
Including values and annual change:
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Key data sources in the US include:
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These sources include:
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The market size of the Beer, Wine & Liquor Stores in the US industry in United States is $79.9bn in 2024.
There are 46,633 businesses in the Beer, Wine & Liquor Stores in the US industry in United States, which has grown at a CAGR of 2.6 % between 2019 and 2024.
The market size of the Beer, Wine & Liquor Stores in the US industry in United States has been growing at a CAGR of 2.2 % between 2019 and 2024.
Over the next five years, the Beer, Wine & Liquor Stores in the US industry in United States is expected to grow.
The biggest companies operating in the Beer, Wine & Liquor Stores market in United States are Total Wine and More, Yankee Spirits and ABC Fine Wine & Spirits
Beer and Wine are part of the Beer, Wine & Liquor Stores in the US industry.
The company holding the most market share in United States is Total Wine and More.
The level of competition is high and increasing in the Beer, Wine & Liquor Stores in the US industry in United States.