Industry Analysis & Industry Trends
Australia imports the majority of the spirits consumed by residents. As a result, the Spirit Manufacturing industry supplies less than 40% of domestic demand. For some products, a degree of transformation occurs domestically, particularly in the case of ready-to-drink (RTD) beverages, which comprise the majority of industry revenue. Over the past five years, the industry has recovered from the effects of the alcopop tax introduced in 2008, which reduced demand for RTDs. This recovery has been helped by increased demand for bottled spirits and ready-to-serve cocktail products. Industry revenue is forecast to grow at an annualised 3.3% over the five years through 2015-16. In 2015-16, industry revenue is expected to grow by 0.6% to $568.4... purchase to read more
Industry Report - Industry Locations Chapter
The composition of business locations for the Spirit Manufacturing industry has significantly changed over the past five years. The introduction of many boutique distillers has resulted in a greater spread of producers domestically, as production and retail sales of different spirits often depend on climatic conditions. This has resulted in a growth of establishments in Western Australia, Tasmania and Victoria, with New South Wales and Queensland remaining strong producers.
To reduce transport costs, operators tend to locate their facilities near the population centres, particularly near Melbourne, Sydney and Perth. In 2014, Bundaberg Rum, one of Australia's most famous rum brands, announced its decision to move its bottling operations from Bundaberg, QLD to Huntingwood, NSW... purchase to read more