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| A07035 | Pages: NA | Dec 2021 | 2533 Views | | |
| Author(s) : NA | Tables: NA | Charts: NA |
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Online Alcohol Delivery Market
Request Now !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.
Market scope and structure analysis:
Report Metric | Details |
Market size available for years | 2020–2027 |
Base year considered | 2019 |
Forecast period | 2021–2027 |
Forecast units | Value ($US) |
Segments covered | Type, Delivery Place, and Region |
Regions covered | North America (U.S., Canada and Mexico), Europe (Germany, UK, France, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Malaysia, Thailand, Indonesia, and Rest of Asia-Pacific), LAMEA (Middle East, Brazil, and Rest of LAMEA) |
Companies covered | Wine.Com, Drizzly Inc., Total Wine, Minibar, Freshdirect, BevMo, Safeway, Harris Teeter, Walmart To Go, delivery.Com |
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 penetration of smartphones and the increase in usage of mobile shopping apps have surged the online delivery business of alcohol selling companies. In addition, the increase in wide usage of online payment apps is also supporting the growth of the online alcohol delivery market.
Millennials are considered to be most tech savvy and thus support the growth of the online delivery of alcohol 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 increase in the consumption of alcohol beverages in the developed and developing countries also propels the growth of the online delivery of alcohol.
The global online alcohol delivery market trends are as follows:
Leading players are focusing on expanding the number of areas they serve to widen their customer base. For instance, in December 2019, Instacart planned was serving online alcohol delivery in services united states and further expanded its business operations in 50 states. In addition the Instacart Company formed partnership with more than 300 local, regional and national retailers.
Legal compliance is the major challenge for the companies operating in this market. There are strict regulations linked with the alcohol product and it is also banned in some of the countries and states. For instance, in India the legal rules regarding online alcohol delivery services and the age for age classification of buyers who can order alcohol online is not clear creating hindrance for the market players. One more challenge is that the government is also levying heavy taxes on the liquor selling companies.
Key Segments Covered:
Segments | Sub-segments |
Type |
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Delivery Place |
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Key benefits of the report:
Questions answered in the online alcohol delivery market research report:
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