Industry Analysis & Industry Trends
The Catering Services industry is a mix of large, global organisations that service multimillion-dollar contracts, and smaller independent businesses that provide catering for wedding receptions and other functions. At the top end of the industry, major players are increasingly providing catering alongside other services such as building maintenance, security and cleaning. This has arisen due to increased competition among top suppliers and the synergies that can be found by providing diversified services. At the bottom end of the market, operators typically operate off low margins due to significant price competition, which stems mainly from the relatively low barriers to entry associated with running a small-scale catering company... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
Both the private and public sectors continue to outsource their catering needs along with other business and maintenance services, which has contributed to strong industry demand in recent years. Positive industry performance will also result from the long-term growth path that domestic and international airline travel is currently experiencing, which is helping both airline catering and airport catering demand. Further, mineral commodity prices and the expansion of existing and new mines are also contributing to industry demand and growth, particularly in remote locations.
Despite positive signs in many areas, the industry has reached a level of maturity, measured by its growth in comparison to the economy as a whole... purchase to read more