The global Alcoholic Beverage E-Commerce Platforms market size was accounted at USD 2.19 Bn in 2021; It is projected to grow at a compound annual growth rate (CAGR) of 34.3% from 2022 to 2030. Alcoholic beverages have witnessed a rapid surge in e-commerce, with practically every product being available on the internet. Alcoholic Beverages E-Commerce refers to selling and purchasing alcoholic drinks via the internet. Over the forecast period, the market will be driven by digital platforms and online delivery apps. The COVID-19 pandemic has positively impacted the Alcoholic Beverage E-Commerce Platforms market. Consumers shifted toward online stores due to situations like lockdown and transportation restrictions. Liquor stores in many countries initiated the facility of online product delivery to prevent mass gathering and coronavirus infection.
The growing demand for online alcohol beverages is anticipated to propel market growth during the forecast period. Moreover, factors like increased consumption of alcohol, increasing smartphone users, a growing number of delivery apps are further driving the market growth. The introduction of ready-to-drink alcoholic beverages, high preference for easy product delivery and changing consumer lifestyle is expected to create lucrative growth opportunities for this market. However, the delivery and packaging cost, the high price of products, taxes on alcoholic beverages, government regulations and limitations, and lack of awareness about the online liquor stores restrain the Alcoholic Beverage E-Commerce Platforms market growth.
The Alcoholic Beverage E-Commerce Platforms market is segmented into Products, Applications, Distribution Channels, and Region. The Products segment is classified into Wine, Beer, Distilled Spirits, and Other Products. The Wine segment is anticipated to drive market growth during the forecast period due to the increasing demand for wine products. By Applications, the market is divided into Commercial and Residential. By Distribution Channels, the market is segmented into Direct to the consumer, Online liquor stores, Online grocery, Licensed Specialty Retailers, and Other Distribution Channels. The Online liquor stores segment dominated the Alcoholic Beverage E-Commerce Platforms market. Geographically, the market is categorized into North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa. North America region is projected to dominate this market in the future, followed by the Asia Pacific.
Some of the key Players of Alcoholic Beverage E-Commerce Platforms market are Drizly, Wine.com, Total Wine, Minibar, Fresh Direct, BevMo! Corporation, Safeway, Harris Teetar, Walmart To Go, Delivery.com, Vivino, Thirstie, Danta, Naked Wines, Lot18, WineAccess , Flaviar , Winc , Saucey, Bright Cellars, City Hive Inc., Handoff, SevenFifty, Bottlecapps, Provi, Peapod, Drinks, and Other Prominent Players.