Industry Analysis & Industry Trends
The Cafes and Coffee Shops industry has grown dramatically over the past five years, owing much of its success to Australia's love for quality coffee. With the influx of European immigrants after World War II and the emergence of popular European-style cafes, a strong and vibrant coffee culture has developed across the nation. This love for coffee supported industry demand through the global economic downturn and has fuelled growth over the past five years. Industry revenue is expected to grow by an annualised 5.3% over the five years through 2013-14. This includes a forecast increase of 3.7% in 2013-14, to $4.2 billion... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Cafes and Coffee Shops industry is currently in the growth phase of its economic life cycle. Industry value added, which measures the industry's contribution to the overall economy, is forecast to grow by an annualised 4.5% over the 10 years through 2018-19. In contrast, Australia's GDP is forecast to grow at 2.6% over the same period. This substantial outperformance indicates that the industry is growing rapidly as a share of the overall economy.
The number of businesses and products in the industry is rising swiftly. The rapid growth in new cafes and coffee shops in Australia is one of the strongest indications of a growth life cycle phase, with enterprises and establishments rising strongly over the 10 years through 2018-19... purchase to read more