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

IBISWorld’s Restaurants market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Annual Growth 11-16
Annual Growth 16-21
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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 - Starting a New Business Chapter

Barriers to entry in the Restaurants industry are low. This is indicated by the high rate of entries and exits of establishments in the industry. Low initial capital outlays and low industry concentration play a significant role in reducing barriers to new entries. New restaurateurs can enter the market with minimal set-up costs by leasing premises, equipment, furniture and settings. In addition, there is no formal qualification required to operate in the industry, although experience and training in hospitality are desirable and can assist profitability.

Low industry concentration means new entrants can acquire market share relatively easily and quickly without being encumbered by dominant major players... 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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