Global Wine E-commerce Market 2024-2028

Global Wine E-commerce Market 2024-2028

The wine e-commerce market is forecasted to grow by USD 15.18 bn during 2023-2028, accelerating at a CAGR of 9.46% during the forecast period. The report on the wine e-commerce market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing preference for online shopping, surge in urbanization and packaging innovation, and increasing wine consumption.

Technavio's wine e-commerce market is segmented as below:

By Product Type

• Still wine
• Sparkling wine
• Fortified wine

By Flavor

• Red wine
• White wine
• Rose wine

By Geographical Landscape

• Europe
• North America
• APAC
• South America
• Middle East and Africa

This study identifies the increase in purchases of alcoholic beverages by minors as one of the prime reasons driving the wine e-commerce market growth during the next few years. Also, automation in wine warehousing and increasing usage of online payment apps will lead to sizable demand in the market.

The report on the wine e-commerce market covers the following areas:

• Wine e-commerce market sizing
• Wine e-commerce market forecast
• Wine e-commerce market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading wine e-commerce market vendors that include Bright Cellars Inc., Costco Wholesale Corp., DRINKS Insiders LLC, E vino Comercio de Vinhos SA, Flaviar Inc., Fratelli Wines Pvt. Ltd., Gifts Inc., GoBrands Inc., IBEROWINE GOURMET S.C., Living Liquidz, Naked Wines plc, RESERVEBAR HOLDINGS CORP., Retail Services and Systems Inc., SNAP41 Inc., The Wine Emporium, Uber Technologies Inc., VINELLO retail GmbH, Vintage Wine Estates Inc., Vivino Inc., and Wine Inc.. Also, the wine e-commerce market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.