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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 | Mar 2015

Meal ticket: Busier lifestyles boost demand for restaurants

IBISWorld’s Restaurants market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$12bn
Annual Growth 10-15
3.6%
Annual Growth 15-20
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Profit
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Employment
68,415
Businesses
8,550
Industry Analysis & Industry Trends

Changing social trends have fuelled a recovery for the Restaurants industry over the past five years, helping it to bounce back from a low point during the global financial crisis. The industry is expected to post annualised growth of 3.6% over the five years through 2014-15 - including a rise of 2.0% during the current year - to total $11.7 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.

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 Locations Chapter

Industry enterprises are generally spread according to the share of population by state and territory. Within individual cities, there tends to be a greater concentration of establishments in higher-than-average household income areas and in central business districts (CBDs). The population of each state has a direct influence on the number of restaurant-goers. Therefore, more densely populated states have a higher proportion of restaurants to service consumer demand. The bulk of the population resides in Australia's eastern states, which account for the vast majority of industry establishments.

As Australia's most populous state, New South Wales accounts for the largest share of industry establishments and employees... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Restaurants Industry?

Establishments in this industry serve food and beverages on the premises, and include licensed restaurants, BYO restaurants, licensed and BYO restaurants, and unlicensed restaurants. The industry excludes companies primarily providing takeaway food services, catering services and theatre restaurants.

Industry Products
Premium diningMid-range diningLow-cost dining
 
Industry Activities
BYO restaurant operationLicensed restaurant operationBYO and licensed restaurant operationUnlicensed restaurant operation


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