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Alcohol E-Commerce Market Size, Share | Industry Report

The global Alcohol E-Commerce Market Size was valued at $42.3 billion in 2021, and is projected to reach $173.8 billion by 2031, growing at a CAGR of 15.2% from 2022 to 2031.

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Alcohol E-Commerce Market Size, Share | Industry Report

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  1. Alcohol Alcohol E E- -Commerce Commerce Market $ $173.8 173.8Billion Billion by Market Expected to Reach Expected to Reach by 2031 2031 | CAGR | CAGR 15.2% 15.2% Global Opportunity Analysis and Industry Forecast 2021–2031

  2. Alcohol Alcohol E E- -Commerce Commerce Market Market Overview, Overview, 2031 2031 The global Alcohol E-Commerce Market Size was valued at $42.3 billion in 2021, and is projected to reach $173.8 billion by 2031, growing at a CAGR of 15.2% from 2022 to 2031. E-commerce refers to the buying and selling of goods online. Therefore, alcohol e-commerce refers to the sale of beer, wine, and liquor on the internet. Just like any other consumer packaged goods, buyers can purchase alcohol online, provided they meet the age limit and other legal requirements. Companies are selling liquor, beer, wine, and other alcoholic beverages online to expand their customer base. Personal license is obtained by the company to get permission for managing and selling alcohol and personal license names the business premises as a spot or area where packaging and dispatching of alcohol can take place legally. Online alcohol delivery is still in its nascent stage in the market especially in emerging economies. Companies are selling liquor, beer, wine, and other alcoholic beverages online to expand their customer base. Personal license is obtained by the company to get permission for managing and selling alcohol and personal license names the business premises as a spot or area where packaging and dispatching of alcohol can take place legally. To run online alcohol delivery business besides license companies also need to develop or purchase a website and payments service provider that facilitate online payments. Download Free Sample Report:

  3. COVID COVID- -19 impact analysis 19 impact analysis • Owing to COVID-19, increase has been witnessed in the demand for alcohol e-commerce. Millennials are considered to be most tech savvy and thus support the growth of the alcohol e-commerce market. • Moreover, changes in lifestyle and rapid urbanization influence the Millennials and youth to consume alcohol beverages and as they are also inclined toward using online buying site the online selling of alcohol drinks and beverages has been increased. • The COVID-19 outbreak has caused a decline in the growth of the global industries creating a mass disruption for buyers as well as sellers. Markets and production units have been shutdown globally which has stopped the production, sale, and marketing of the product. This has also offered an opportunity for the companies to look after their supply chain relationship and business models for the future. The COVID-19 pandemic has created a positive impact on the alcohol e-commerce market, as the shutdown of liquor stores and retail stores has declined the sales of retail liquor market and shifted the consumer focus toward online platforms. The post COVID-19 scenario is anticipated profitable for the e-commerce liquor market due to the increase in use of e-commerce platforms and regulations to prevent the mass gathering.

  4. Key Market Players Key Market Players • Bright Cellars • Costco Wholesale Corporation • Drizly • Evino • Flaviar • Naked Wines • RserveBar • Total Wines & More • Uber Technologies Inc • Vivino • Vintage Wine Estates

  5. Key Findings Of The Study Key Findings Of The Study • By alcohol type, wines/champagne was the major segment of the market in 2021, and is anticipated to grow at a significant CAGR of 15.5% during the forecast period. • Depending on price point, the economy segment is expected to grow at a CAGR of 14.8%, in terms of value, during the forecast period. • As per distribution channel, the Online Grocery sales channel is anticipated to grow at a CAGR of 14.8% during the forecast period. • Region wise, North America was the dominant region in 2021, occupying 35.6% of Alcohol E- commerce Market share.

  6. Key Market Segments Key Market Segments Distribution Channel Alcohol TYPE Price Point • Economy • Mid range • Luxury • Online Grocery • Online Alcohol Marketplaces • Licensed Specialty Retailers • Direct to Consumer Wine Online • Wines and Champagnes • Spirits • Beers • Others

  7. By Region By Region • North America • U.S. • Canada • Mexico • Europe • Germany • United Kingdom • France • Russia • Italy • Spain • Rest of Europe • Asia-Pacific • China • Japan • India • Australia • South Korea • Malaysia • Indonesia • Rest of Asia-Pacific • LAMEA • Brazil • United Arab Emirates • Argentina • Nigeria • South Africa • Rest of LAMEA

  8. FREQUENTLY ASKED QUESTIONS? FREQUENTLY ASKED QUESTIONS? • Q1. What are the upcoming trends of Alcohol E-Commerce Market in the world? • A. changes in lifestyle and rapid urbanization influence the Millennials and youth to consume alcohol beverages and as they are also inclined toward using online buying site the online selling of alcohol drinks and beverages has been increased are the upcoming trends of Alcohol E-Commerce Market in the world. • Q2. What is the leading alcohol type of Alcohol E-Commerce Market? • A. Beer alcohol type is the leading segment in the market in 2021 • Q3. Which is the largest regional market for Alcohol E-Commerce? • A. North America is the largest regional market for Alcohol E-Commerce. • Q4. What is the estimated industry size of Alcohol E-Commerce? • A. The global alcohol e-commerce market was valued at $42,320.0 million in 2021, and is projected to reach $173,819.0 million by 2031, registering a CAGR of 15.2% from 2022 to 2031. • Q5. Which are the top companies to hold the market share in Alcohol E-Commerce? • A. The major players analyzed for global alcohol e-commerce industry are Bright Cellars, Costco Wholesale Corporation, Drizly, Evino, Flaviar, Naked Wines, RserveBar, Total Wines & More, Uber Technologies Inc, Vivino, and Vintage Wine Estates.

  9. Contact Us Contact Us • David Correa • 5933 NE Win Sivers Drive • #205, Portland, OR 97220 • United States • Toll Free: 1-800-792-5285 • UK: +44-845-528-1300 • Hong Kong: +852-301-84916 • India (Pune): +91-20-66346060 • Fax: +1-855-550-5975 • help@alliedmarketresearch.com • Web: https://www.alliedmarketresearch.com

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