As the popularity of online shopping grows, product lines are diversifying and competition is rising throughout the market. Earlier on, the booming online retail sector struggled to get consumers to invest the same confidence in online grocery and liquor sales as other products, such as clothing and electronics. However, as industry players strengthen online sales systems and delivery methods, sales have skyrocketed. The Online Beer, Wine and Liquor Sales industry has gained momentum as it cements its position within the Retail Trade division. Industry revenue is estimated to grow at an annualised 8.7% over the five years through 2014-15.
Firms in this industry sell packaged liquor, wine and beer to consumers via the internet.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.