SEARCH   
MEMBER LOGIN    

Restaurants in Australia: Market Research Report

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

Restaurants Market Research Report | ANZSIC H4511a | May 2016

Feeling full: Strict cost controls and technological advancements help support margins

IBISWorld’s Restaurants market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$13bn
Annual Growth 11-16
6.2%
Annual Growth 16-21
Add to Cart
Profit
Add to Cart
Employment
281,448
Businesses
25,680
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 6.2% over the five years through 2015-16, to total $13.1 billion. Busier lifestyles and diminishing leisure time have increasingly led consumers to turn to restaurants for meals. 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 2.3% 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 SWOT Analysis Chapter

The Restaurants industry is in the mature stage of its life cycle. Over the 10 years through 2020-21, the industry's contribution to the economy (industry value added) is expected to rise by an annual rate of 3.3%, a strong performance when compared with annualised GDP growth of 2.6%. This indicates that the industry is growing at a slightly faster pace than the overall economy.

The number of establishments in the industry is anticipated to expand by an annualised 2.9% over the 10-year period. Strong demand for quality food and dining experiences have encouraged more firms to enter the industry. However, restaurants compete fiercely for prime locations and customer numbers, and failure to offer a successful price or quality proposition can lead to industry exits... 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


View Sample
Quote
Select Clients