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Event Catering Services in Australia - Industry Market Research Report

Publisher IBISWorld
Published Oct 08, 2024
Length 63 Pages
SKU # IBSS19341169

Description

Event Catering Services in Australia - Industry Market Research Report


Event Catering Services in Australia

The Event Catering Services industry has posted mixed results. Fluctuating discretionary incomes have hindered demand for event catering services, while rising competition from cafes and restaurants has shrunk profit margins as caterers have been unable to pass on rising costs to consumers. But climbing demand for premium-quality food and service has created opportunities for revenue growth, with many consumers willing to pay a premium for on-trend food. The COVID-19 pandemic disrupted these trends, with major events getting cancelled or postponed because of restrictions on travel and public gatherings. Overall, industry revenue is expected to inch up at an annualised 0.1% over the past five years, to total $5.3 billion in 2022-23, when revenue will jump by an anticipated 6.5%.

Industry firms provide event catering services. The industry excludes food prepared for resale, contract catering services and food van operations.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Table of Contents

63 Pages
TABLE OF CONTENTS

ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Pricing

Currency Rates
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