Liquor Retailing in Australia - Industry Market Research Report
Description
Liquor Retailing in Australia
Liquor retailers have endured several challenges in recent years, including rising health consciousness, declining per capita alcohol consumption, and growing internal and external competitive pressures. However, ongoing growth in the population aged 18 and older and rising consumer demand for higher-value premium beverages have offset these factors. The COVID-19 pandemic has significantly affected the industry's revenue performance over the past five years. Panic buying and lockdowns – which lead to the closure of many licensed establishments around the country – actually boosted revenue growth over the three years through 2021-22. In 2022-23, after restrictions on licensed businesses have eased, and as consumers feel the pinch of inflation and rising interest rates, industry revenue is expected to drop 5.5%. Overall, revenue is expected to rise at an annualised 2.9% over the five years through 2022-23, to $15.8 billion.
Liquor retailers sell liquor (including beer, wine, spirits and ready-to-drink mixers) in packaged form (i.e. bottles and cans). Alcohol retailed by the industry is intended for consumption away from liquor store premises. The industry includes both online and bricks-and-mortar retailers.
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.
Liquor retailers have endured several challenges in recent years, including rising health consciousness, declining per capita alcohol consumption, and growing internal and external competitive pressures. However, ongoing growth in the population aged 18 and older and rising consumer demand for higher-value premium beverages have offset these factors. The COVID-19 pandemic has significantly affected the industry's revenue performance over the past five years. Panic buying and lockdowns – which lead to the closure of many licensed establishments around the country – actually boosted revenue growth over the three years through 2021-22. In 2022-23, after restrictions on licensed businesses have eased, and as consumers feel the pinch of inflation and rising interest rates, industry revenue is expected to drop 5.5%. Overall, revenue is expected to rise at an annualised 2.9% over the five years through 2022-23, to $15.8 billion.
Liquor retailers sell liquor (including beer, wine, spirits and ready-to-drink mixers) in packaged form (i.e. bottles and cans). Alcohol retailed by the industry is intended for consumption away from liquor store premises. The industry includes both online and bricks-and-mortar retailers.
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
43 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
Search Inside Report
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
