Jul 1, 2023

News provided by Share this article Share this article NEW YORK, June 30, 2023 /PRNewswire/ -- The wine e-commerce market size is estimated to increase by USD 12,062.31 million from 2022 to 2027, at a CAGR of 8.15%, according to a recent market study by Technavio. This report also offers a 5-year historical (2017-2021) data projection of market size, segmentation, and region. Discover some insights on market size before buying the full report - Request a sample report Wine E-commerce Market 2023-2027: Vendor Analysis and Scope Technavio has announced its latest market research report titled Global Wine E-commerce Market The wine e-commerce market report also offers information on the criticality of inputs, R&D, CAPEX, technology, and products of 15 vendors listed below - 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. Download Sample Report Chart & Data Table on 5-Year Historic (2017-2021) Market Size, Comparative Analysis of Segments, and Y-O-Y Growth of Wine e-commerce Market Wine E-commerce Market – Market Segmentation The market is segmented by product type (still wine, sparkling wine, and fortified wine), and flavor (red wine, white wine, and rose wine) and geography ((North America, Europe, APAC, South America, and Middle East and Africa). The market share growth in the Still Wine segment will be significant during the forecast period. Still wines, including red, white, and rosé wines, are non-carbonated wines and are widely available on e-commerce platforms. These platforms provide a diverse selection of still wines sourced from various countries, regions, and producers. Many e-commerce companies also offer subscription services, allowing customers to receive regular deliveries of still wines from different regions and producers. In Europe, wine still holds a significant position as one of the most favored alcoholic beverages. Geographic Overview The market is segmented by region (North America, Europe, APAC, South America, and Middle East and Africa). An analysis of key leading countries has been included. Europe is estimated to contribute 45% to the growth of the global market during the forecast period. France, Italy, and Spain are major countries in the wine production industry. This region is the largest wine producer worldwide. Furthermore, the increasing popularity of sparkling wine in Europe has had a positive impact on the growth of the regional wine e-commerce market. The region consists of several well-established e-commerce platforms specializing in wine, including Vinatis, Wine in Black, and Wine Society. The ongoing trend of online shopping along with the growing demand for premium wines is expected to drive the market's expansion during the forecast period. Wine E-commerce Market – Market Dynamic Key Driver The increasing preference for online shopping is driving market growth. Customers are finding it convenient to purchase wine through e-commerce platforms, which offer a wide variety of wines at competitive prices and provide home delivery services. Factors such as the increasing demand for wine, higher Internet penetration, and the ease of buying wine online contribute to the growth of wine sales through digital platforms. Additionally, online auctions offer buyers the opportunity to bid on wines from any location worldwide. Hence, the increasing number of online buyers is expected to drive market growth during the forecast period. Major Trends Automation in wine warehousing is a major trend shaping the market. The integration of automation technologies within the wine industry offers significant benefits such as optimizing logistics and supply chain operations, cost reduction, and improved efficiency. For example, a collaboration between WineDirect, a wine logistics company, and Locus Robotics, a robotics firm, in 2021. By implementing automation in their fulfillment centers, WineDirect leveraged robots equipped with advanced sensors to navigate the warehouse and handle tasks such as order picking and packing. As a result, wine companies that adopt automation in their warehousing operations can effectively manage their inventory, enhance order accuracy, and ultimately increase their overall output. Significant Challenge A complex regulatory environment is a significant challenge restricting market growth. The prevalence of various laws and regulations in different jurisdictions is one of the major regulatory issues. For Instance, the various laws and policies governing the sale and transportation of wine in several US states. Additionally, the present conflict over tariffs on steel and aluminum between the United States and the European Union could have a negative effect on the market. Hence, these factors are expected to restrict the market growth during the forecast period. For Insights on the market dynamics & segmentations VIEW PDF SAMPLE! What are the key data covered in this Wine E-commerce Market report? CAGR of the market during the forecast period Detailed information on factors that will drive the growth of the wine e-commerce market between 2023 and 2027 Precise estimation of the size of the wine e-commerce market and its contribution to the market with a focus on the parent market Accurate predictions about upcoming trends and changes in consumer behavior Growth of the wine e-commerce market across Europe, North America, APAC, South America, and Middle East and Africa A thorough analysis of the market's competitive landscape and detailed information about vendors Comprehensive analysis of factors that will challenge the growth of wine e-commerce market vendors Gain instant access to 17,000+ market research reports. Related Reports The online apparel retailing market is estimated to grow at a CAGR of 13.85% between 2022 and 2027. The size of the market is forecast to increase by USD 220 billion. Furthermore, this report extensively covers market segmentation by end-user (men's apparel, women's apparel, and children apparel), product (upper wear apparel, bottom wear apparel, and others), and geography (North America, Europe, APAC, South America, and Middle East and Africa). The rising popularity of digital payment systems is a key factor driving the market growth during the forecast period. The online grocery market size is estimated to grow at a CAGR of 13.14% between 2022 and 2027. The size of the market is forecast to increase by USD 740.88 billion. Furthermore, this report extensively covers market segmentation by product (food products and non-food products), type (one-time customers and subscribers), and geography (APAC, Europe, North America, South America, and Middle East and Africa). The increased popularity and adoption of e-commerce platforms is a key factors driving the market growth during the forecast period. Wine E-commerce Market Scope Key companies profiled 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. Market dynamics Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. Customization purview If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. Table of Contents Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million) Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million) Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%) Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%) 4 Historic Market Size Exhibit 18: Historic Market Size – Data Table on Global wine e-commerce market 2017 - 2021 ($ million) 4.2 Product type Segment Analysis 2017 - 2021 Exhibit 19: Historic Market Size – Product type Segment 2017 - 2021 ($ million) 4.3 Flavor Segment Analysis 2017 - 2021 Exhibit 20: Historic Market Size – Flavor Segment 2017 - 2021 ($ million) 4.4 Geography Segment Analysis 2017 - 2021 Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million) 4.5 Country Segment Analysis 2017 - 2021 Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million) 5 Five Forces Analysis 6 Market Segmentation by Product Type 6.1 Market segments Exhibit 31: Data Table on Product Type - Market share 2022-2027 (%) 6.2 Comparison by Product Type Exhibit 32: Chart on Comparison by Product Type Exhibit 33: Data Table on Comparison by Product Type 6.3 Still wine - Market size and forecast 2022-2027 Exhibit 34: Chart on Still wine - Market size and forecast 2022-2027 ($ million) Exhibit 35: Data Table on Still wine - Market size and forecast 2022-2027 ($ million) Exhibit 36: Chart on Still wine - Year-over-year growth 2022-2027 (%) Exhibit 37: Data Table on Still wine - Year-over-year growth 2022-2027 (%) 6.4 Sparkling wine - Market size and forecast 2022-2027 Exhibit 38: Chart on Sparkling wine - Market size and forecast 2022-2027 ($ million) Exhibit 39: Data Table on Sparkling wine - Market size and forecast 2022-2027 ($ million) Exhibit 40: Chart on Sparkling wine - Year-over-year growth 2022-2027 (%) Exhibit 41: Data Table on Sparkling wine - Year-over-year growth 2022-2027 (%) 6.5 Fortified wine - Market size and forecast 2022-2027 Exhibit 42: Chart on Fortified wine - Market size and forecast 2022-2027 ($ million) Exhibit 43: Data Table on Fortified wine - Market size and forecast 2022-2027 ($ million) Exhibit 44: Chart on Fortified wine - Year-over-year growth 2022-2027 (%) Exhibit 45: Data Table on Fortified wine - Year-over-year growth 2022-2027 (%) 6.6 Market opportunity by Product Type Exhibit 46: Market opportunity by Product Type ($ million) Exhibit 47: Data Table on Market opportunity by Product Type ($ million) 7 Market Segmentation by Flavor 7.1 Market segments Exhibit 51: Data Table on Comparison by Flavor 7.3 Red wine - Market size and forecast 2022-2027 Exhibit 52: Chart on Red wine - Market size and forecast 2022-2027 ($ million) Exhibit 53: Data Table on Red wine - Market size and forecast 2022-2027 ($ million) Exhibit 54: Chart on Red wine - Year-over-year growth 2022-2027 (%) Exhibit 55: Data Table on Red wine - Year-over-year growth 2022-2027 (%) 7.4 White wine - Market size and forecast 2022-2027 Exhibit 56: Chart on White wine - Market size and forecast 2022-2027 ($ million) Exhibit 57: Data Table on White wine - Market size and forecast 2022-2027 ($ million) Exhibit 58: Chart on White wine - Year-over-year growth 2022-2027 (%) Exhibit 59: Data Table on White wine - Year-over-year growth 2022-2027 (%) 7.5 Rose wine - Market size and forecast 2022-2027 Exhibit 60: Chart on Rose wine - Market size and forecast 2022-2027 ($ million) Exhibit 61: Data Table on Rose wine - Market size and forecast 2022-2027 ($ million) Exhibit 62: Chart on Rose wine - Year-over-year growth 2022-2027 (%) Exhibit 63: Data Table on Rose wine - Year-over-year growth 2022-2027 (%) 7.6 Market opportunity by Flavor Exhibit 64: Market opportunity by Flavor ($ million) Exhibit 65: Data Table on Market opportunity by Flavor ($ million) 8 Customer Landscape Exhibit 70: Data Table on Geographic comparison 9.3 Europe - Market size and forecast 2022-2027 Exhibit 71: Chart on Europe - Market size and forecast 2022-2027 ($ million) Exhibit 72: Data Table on Europe - Market size and forecast 2022-2027 ($ million) Exhibit 73: Chart on Europe - Year-over-year growth 2022-2027 (%) Exhibit 74: Data Table on Europe - Year-over-year growth 2022-2027 (%) 9.4 North America - Market size and forecast 2022-2027 Exhibit 75: Chart on North America - Market size and forecast 2022-2027 ($ million) Exhibit 76: Data Table on North America - Market size and forecast 2022-2027 ($ million) Exhibit 77: Chart on North America - Year-over-year growth 2022-2027 (%) Exhibit 78: Data Table on North America - Year-over-year growth 2022-2027 (%) 9.5 APAC - Market size and forecast 2022-2027 Exhibit 79: Chart on APAC - Market size and forecast 2022-2027 ($ million) Exhibit 80: Data Table on APAC - Market size and forecast 2022-2027 ($ million) Exhibit 81: Chart on APAC - Year-over-year growth 2022-2027 (%) Exhibit 82: Data Table on APAC - Year-over-year growth 2022-2027 (%) 9.6 South America - Market size and forecast 2022-2027 Exhibit 83: Chart on South America - Market size and forecast 2022-2027 ($ million) Exhibit 84: Data Table on South America - Market size and forecast 2022-2027 ($ million) Exhibit 85: Chart on South America - Year-over-year growth 2022-2027 (%) Exhibit 86: Data Table on South America - Year-over-year growth 2022-2027 (%) 9.7 Middle East and Africa - Market size and forecast 2022-2027 Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million) Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million) Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%) Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%) 9.8 US - Market size and forecast 2022-2027 Exhibit 91: Chart on US - Market size and forecast 2022-2027 ($ million) Exhibit 92: Data Table on US - Market size and forecast 2022-2027 ($ million) Exhibit 93: Chart on US - Year-over-year growth 2022-2027 (%) Exhibit 94: Data Table on US - Year-over-year growth 2022-2027 (%) 9.9 France - Market size and forecast 2022-2027 Exhibit 95: Chart on France - Market size and forecast 2022-2027 ($ million) Exhibit 96: Data Table on France - Market size and forecast 2022-2027 ($ million) Exhibit 97: Chart on France - Year-over-year growth 2022-2027 (%) Exhibit 98: Data Table on France - Year-over-year growth 2022-2027 (%) 9.10 China - Market size and forecast 2022-2027 Exhibit 99: Chart on China - Market size and forecast 2022-2027 ($ million) Exhibit 100: Data Table on China - Market size and forecast 2022-2027 ($ million) Exhibit 101: Chart on China - Year-over-year growth 2022-2027 (%) Exhibit 102: Data Table on China - Year-over-year growth 2022-2027 (%) 9.11 UK - Market size and forecast 2022-2027 Exhibit 103: Chart on UK - Market size and forecast 2022-2027 ($ million) Exhibit 104: Data Table on UK - Market size and forecast 2022-2027 ($ million) Exhibit 105: Chart on UK - Year-over-year growth 2022-2027 (%) Exhibit 106: Data Table on UK - Year-over-year growth 2022-2027 (%) 9.12 Italy - Market size and forecast 2022-2027 Exhibit 107: Chart on Italy - Market size and forecast 2022-2027 ($ million) Exhibit 108: Data Table on Italy - Market size and forecast 2022-2027 ($ million) Exhibit 109: Chart on Italy - Year-over-year growth 2022-2027 (%) Exhibit 110: Data Table on Italy - Year-over-year growth 2022-2027 (%) 9.13 Market opportunity by geography Exhibit 111: Market opportunity by geography ($ million) Exhibit 112: Data Tables on Market opportunity by geography ($ million) 10 Drivers, Challenges, and Trends 10.1 Market drivers About Us Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contact