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 Key Buyers Chapter
The Liquor Retailing industry exhibits a medium level of market share concentration. Woolworths and Wesfarmers (which has substantial operations through its ownership of Coles) are the largest industry players, with a combined market share of over 60% in 2015-16. Industry concentration has increased over the past five years due to acquisitions and strategic expansions by Woolworths and Coles, which are aimed at capturing both bricks-and-mortar and online sales of liquor. Both Woolworths and Coles are establishing retail outlets within close proximity to their existing supermarkets, opening new stores and purchasing independent stores and chain operators... purchase to read more