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Restaurants in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Restaurants Market Research Report | ANZSIC H4511a | Jul 2015

Cooking up a storm: Busier lifestyles and time-poor consumers boost demand for restaurants

The Restaurants market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$12bn
Annual Growth 11-16
4.3%
Annual Growth 16-21
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Profit
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Employment
69,089
Businesses
8,747
Industry Analysis & Industry Trends

Changing social trends have fuelled strong growth for the Restaurants industry over the past five years. The industry is expected to post annualised growth of 4.3% over the five years through 2015-16, to total $12.0 billion. Busier lifestyles and diminishing leisure time have increasingly led consumers to turn to restaurants as a solution. Restaurants have allowed consumers to combine dining with leisure and avoid spending time on food preparation. These trends are expected to continue in 2015-16, with industry revenue forecast to grow by 2.0% during the year.

Consumer demand for quality food and fine dining experiences has fuelled industry revenue growth over the past five years... purchase to read more

Industry Report - Industry Investment Chapter

The Restaurants industry exhibits a moderate level of capital intensity. IBISWorld estimates that for every dollar spent on capital costs, $7.79 is spent on wages. Restaurants require a significant input of labour across all operations, including food ordering and preparation, cooking, serving and cleaning. Some of these activities require training and experience, while other roles are relatively unskilled. Furthermore, many restaurants choose to lease equipment instead of investing in their own facilities. This can dramatically reduce capital intensity as this initial outlay represents the majority of capital investment in the Restaurants industry... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Restaurants Industry?

Firms in the industry are primarily engaged in providing food and beverages for consumption on the premises. Customers generally order and are served while seated and pay after eating. The industry includes licensed, unlicensed and BYO restaurants. The industry excludes cafes and coffee shops, theatre restaurants, catering services and shops that primarily offer takeaway food services.

Industry Products
Premium diningMid-range diningLow-cost dining
 
Industry Activities
Restaurant operationBistro operationBrasserie operationGrill bar operationSushi and sashimi restaurant


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