Industry Analysis & Industry Trends
The Cafes and Coffee Shops industry owes 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. This upward trend is expected to continue over the next five years.
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 SWOT Analysis Chapter
The industry is currently in a growth phase, with a rising number of businesses entering the market and the introduction of new products. The rapid increase of new cafes and coffee shops in Australia is one of the strongest indications of a growth life cycle phase, with enterprises and establishments growing strongly over the 10 years through 2018-19. Moreover, the industry's contribution to the overall economy, as measured by industry value added (IVA), has been increasing. Over the 10 years through 2018-19, IVA is forecast to grow at an annualised rate of 4.5%, compared with annualised GDP growth of 2.5%. This indicates that the industry is growing faster than the overall economy, which is a key characteristic of a growth cycle... purchase to read more