$XX.Xbn
$X.Xbn
XX,XXX
X,XXX
$XX.Xbn
Alcoholic beverage retailers have historically enjoyed little volatility, benefitting from consumers' unique relationship with alcoholic beverages: Consumers celebrate good times with a drink and commiserate during the bad times over drinks. However, even alcoholic beverage sales were not immune to the pandemic's volatile touch. Retailers experienced swift shifts in sales, with consumers flocking to their stores during nonessential business closures and social distancing measures, and then ditching them as on-premise establishments reopened. In the pandemic's wake, retailers have contended with heightened competition and weakening alcohol consumption rates. As a result, sales have been trickling in much slower than before the pandemic. Over the past five years, revenue has been expanding at a CAGR of 0.6% and is expected to reach $28.3 billion in 2024, when it will climb just 0.4%.
Industry revenue has grown at a CAGR of XX.X% over the past five years, to reach an estimated $XX.Xbn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
---|---|---|---|---|
Alcanna Inc. | 699.7 | N/A | N/A |
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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 Canada.
Once the go-to, consumers increasingly turn away from beer
The Beer, Wine and Liquor Stores industry in Canada includes stores and agencies that are primarily licenced to sell alcoholic beverages for off-premises consumption. The industry excludes wholesalers and grocery, convenience and gas station stores.
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NAICS 445310 - Beer, Wine & Liquor Stores in Canada
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
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Including values and annual change:
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Key data sources in Canada include:
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
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The market size of the Beer, Wine & Liquor Stores industry in Canada is $XX.Xbn in 2024.
There are $XX.Xbn businesses in the Beer, Wine & Liquor Stores industry in Canada, which has declined at a CAGR of XX.X% between 2019 and 2024.
The market size of the Beer, Wine & Liquor Stores industry in Canada has been stable at a CAGR of XX.X% between 2019 and 2024.
Over the next five years, the Beer, Wine & Liquor Stores industry in Canada is expected to remain static.
The biggest company operating in the Beer, Wine & Liquor Stores market in Canada is Alcanna Inc.
Retailing beer and Retailing wine are part of the Beer, Wine & Liquor Stores industry.
The company holding the most market share in Canada is Alcanna Inc..
The level of competition is high and increasing in the Beer, Wine & Liquor Stores industry in Canada.