Navigating the Digital Landscape: A Deep Dive into The Business Research Company's Global Alcohol E-Commerce Market Report 2023-2032 || Vivino Inc., Uber Technologies Inc., Vintage Wine Estates, Drizly

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Alcohol E-Commerce Global Market Report 2023 identifies the increase in the consumption of alcohol is the major driver for the alcohol e-commerce market's growth in the forecast period. Alcohol consumption refers to the consumption of beverages that contains ethyl alcohol. They are consumed for their physiological and psychological effects during specific social contexts. The penetration of smartphones and the increase in usage of mobile shopping apps is increasing the online delivery of alcohol-selling companies. For instance, in 2020, according to Columbia Public Health, a Columbian-based leading public health education, and community collaboration, From March to September 2020, there were 41.9 billion dollars in liquor store sales, representing an increase of 20 % and 18 % compared to the same period in 2019 and the previous seven-month period.

The global alcohol e-commerce market size is expected to grow from $48.72 billion in 2022 to $56.17 billion in 2023 at a compound annual growth rate (CAGR) of 15.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global alcohol e-commerce market size is expected to reach $87.29 billion in 2027 at a CAGR of 15.7%.

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Major competitors in the alcohol e-commerce market are Vivino Inc., Uber Technologies Inc., Vintage Wine Estates, Drizly, Naked Wines PLC., Evino, Winc Inc., Bright Cellars, ReserveBar, Flaviar, Total Wine and More, Costco Wholesale Corporation.

A key trend in the alcohol e-commerce market includes strategic partnerships and collaborations. Major companies operating in alcohol e-commerce are undergoing partnerships to strengthen their position in the alcohol e-commerce market. For instance, in September 2022, Thirstie, a US-based leading provider of e-commerce for beverage alcohol brands, partnered with William Grant & Sons, a UK-based global leading family-owned distiller and supplier. Through this partnership, combined resources with Thirstie are expected to expand William Grant's global e-commerce strategy and offer consumers digital access to its portfolio.

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The alcohol e-commerce market is segmented -

• By Alcohol Type: Wines And Champagnes, Spirits, Beers, Other Alcohol Types

• By Price Point: Economy, Mid Range, Luxury

• By Distribution Channel: Online Grocery, Online Alcohol Marketplaces, Licensed Specialty Retailers, Direct To Consumer Wine Online

• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the alcohol e-commerce market.

The Business Research Company's "Global Alcohol E-Commerce Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The Alcohol E-Commerce Market Include:
1. Executive Summary
2. Alcohol E-Commerce Market Characteristics
3. Alcohol E-Commerce Market Trends And Strategies
4. Alcohol E-Commerce Market - Macro Economic Scenario
5. Alcohol E-Commerce Market Size And Growth
……………
27. Alcohol E-Commerce Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Alcohol E-Commerce Market
29. Alcohol E-Commerce Market Future Outlook And Potential Analysis
30. Appendix

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