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Specialty Chocolate Stores in Australia - Industry Market Research Report

Publisher IBISWorld
Published Jun 21, 2024
Length 76 Pages
SKU # IBSS19022673

Description

Specialty Chocolate Stores in Australia - Industry Market Research Report


Specialty Chocolate Stores in Australia

Rising premiumisation trends among consumers have supported incomes for specialty chocolate stores. Growing health consciousness has also benefited stores as consumers have opted for healthier premium chocolates. However, competition and spiralling costs have placed stress on some stores, with major player Max Brenner closing over half its outlets in 2018-19, contributing to a sharp fall in revenue. The COVID-19 pandemic has also disrupted demand for specialty chocolates since March 2020, with fluctuations in discretionary income and consumer sentiment limiting high-margin, premium chocolate sales. Overall, revenue is declining by an annualised 2.7% over the five years through 2022-23, to $318.0 million.

Specialty chocolate stores are primarily engaged in retailing chocolate and chocolate products. The industry includes specialty and boutique chocolate stores that also retail products like hot chocolate, cakes and pastries. Supermarkets, department stores and online only operators are excluded from the industry.

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

76 Pages
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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