Industry Analysis & Industry Trends
The Liquor Retailing industry has experienced a variety of challenges over the past five years. Declining per capita alcohol consumption, rising health awareness and competitive pressures have affected the industry. Despite these trends, the industry is expected grow over the period, largely on the back of increasing consumer demand for higher value, premium beverages. Industry revenue is expected to increase by an annualised 3.3% over the five years through 2015-16, to reach $10.0 billion. Rising discretionary incomes and increasing consumer demand for premium beverages are expected to contribute to 3.1% industry revenue growth in 2015-16.
The biggest influence on the industry over the past five years has been the growing market dominance of Woolworths and Wesfarmers-owned Coles... purchase to read more
Industry Report - Industry Investment Chapter
The Liquor Retailing industry exhibits a low level of capital intensity, with the majority of industry operations carried out by employed labour. Labour functions are required to provide face-to-face customer service within liquor retail stores and perform stocktaking and restocking operations. IBISWorld expects that for every dollar spent on wages, industry firms spend $0.10 on the use and replacement of buildings and equipment. Over the past five years, the industry's employment numbers have grown due to the rise of big-box style operators that require greater staff numbers. Despite this, back-end innovations in inventory control have helped to streamline overall operations. Wage costs have also declined due to a rising number of casual and part-time employees within the industry... purchase to read more