Online wine sales accounted for a mere five percent of global sales of whites and reds and roses last year but are expected to rise sharply, according to a study released Monday at France's Vinexpo wine fair.
Cellars and stores still account for the vast majority of wine purchases worldwide but online sales, amounting to $6 billion (5.3 billion euros), have become a crucial channel for sales with an around sixfold increase since 2006, said Bordeaux's Kedge Business School.
There were vast differences worldwide, the study said, saying online wine sales accounted for four percent of the wine market in the United States, the globe's top market in value and volume, nine percent in France, 11 percent in Britain and 20 percent of wine imports in China.
In the same countries, the number of wine buyers online was lowest at 23 percent in the United States, at 25 percent in France, 26 percent in Britain and more than 30 percent in China.
Researcher Gregory Bressolles who headed the study said 2015 will be a turning point as "the online market will no longer be driven by wine-cellars. It will no longer depend on them," he said. "It now depends on buyers."
The study said amazon.com was the top website for wine buying, followed by China's jiuxan.com and spain's laviania.es and France's lavinia.fr.
GMT 11:31 2018 Wednesday ,03 October
Twitter allows publishers to monetise video views globallyGMT 19:00 2018 Tuesday ,23 January
Facebook acknowledges social media's risks to democracyGMT 17:09 2018 Sunday ,21 January
Amazon’s automated grocery store of the future opens MondayGMT 11:37 2018 Sunday ,21 January
Twitter says Russia-linked accounts more widespreadGMT 14:32 2018 Friday ,19 January
EU clears Qualcomm megabuyout of semiconductor rival NXPGMT 14:19 2018 Monday ,15 January
Palestinians to get 3G in West Bank after Israel lifts banGMT 13:35 2018 Sunday ,14 January
Closer Online seeks foundations to review for feature (108k Twitter followers)GMT 10:36 2018 Sunday ,14 January
US report raps Alibaba's Taobao, others for pirated goodsMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor