Industry Analysis & Industry Trends
The Cafes and Coffee Shops industry owes its success to the nation's love for quality gourmet coffee, and the extent to which this is entrenched in the daily routine of many Australian consumers. The arrival of European immigrants after World War II and the emergence of popular European-style cafes in the 1950s crafted a strong and vibrant coffee culture that has endured to the present day. This supported demand for the industry during the global economic downturn.
Australia's coffee culture and the prevalence of small speciality cafes and coffee shops have resulted in a high level of competition, low barriers to entry and low industry concentration... purchase to read more
Industry Report - Industry Analysis Chapter
Over the past five years, the Cafes and Coffee Shops industry has demonstrated that it is a complex, highly competitive and successful industry. Industry players have benefited from the nation's love of quality coffee, which steered the industry through the economic downturn. Revenue is expected to grow by a compound annual rate of 3.1% over the five years through 2013-14, to total $5.3 billion. This success has been due to resilient consumer demand for quality, convenient food and drink offerings.
Industry revenue is forecast to grow by 3.7% during 2013-14 despite the generally weak economic environment. Although retail spending remains weak, consumers continue to spend on entertainment, with cafes and coffee shops one of the major beneficiaries... purchase to read more