Industry Analysis & Industry Trends
The Cafes and Coffee Shops industry has grown strongly over the past five years, owing much of its success to Australia's love for quality coffee and vibrant coffee culture. The Australian love affair with fine coffee supported industry demand in the years following the global economic downturn and has fuelled revenue growth over the past five years. Industry revenue is expected to grow by an annualised 7.4% over the five years through 2015-16, boosted by a large spike in 2013-14 that was caused by rising consumer sentiment and growing incomes. This includes a forecast increase of 3.2% in 2015-16, to $5.3 billion. However, competitive pressures have pushed profitability down slightly over the past five years... purchase to read more
Industry Report - Industry Locations Chapter
The spread of industry business generally follow population and income distribution. As a result, the majority of industry establishments and revenue earned is concentrated in the eastern states, where the majority of the Australian population lives. Businesses are often draw to high-density locations for its high store-traffic and greater demand. This provides further grounds for the concentration of businesses along the eastern seaboard, where population is more concentrated.
New South Wales accounts for the largest share of industry revenue and establishment numbers, followed by Victoria... purchase to read more